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Bitcoin Stands Apart From The Pack As Exodus To PoS Networks Grow — What This Means For The Future Of BTC
The growing popularity of Proof-of-Stake blockchains leaves Bitcoin as an unlikely outlier. Solana, Cardano, and Binance have adopted the Proof-of-Stake consensus mechanism with other networks following suit. дальше »
2021-11-24 22:06
Football Star Odell Beckham To Take Full Salary In Bitcoin; Will Give Out $1M In BTC
Odell Beckham Jr. is the latest National Football League (NFL) star to hop on the crypto wagon. The Los Angeles Rams wide receiver will be paid entirely in bitcoin after inking a partnership with Square’s Cash App. дальше »
2021-11-23 16:47
TA: Bitcoin Holds Key Support, Why BTC Remains At Risk of Sharp Decline
Bitcoin retested the $55,500 support zone against the US Dollar. BTC is recovering, but it could face a strong selling interest near $57,500 in the near term. Bitcoin settled below the key $58,000 and $57,500 resistance levels. дальше »
2021-11-23 06:08
Edward Snowden Reveals 2013 NSA Leak Was Facilitated Using Bitcoin
Whistleblower Edward Snowden has reiterated that Bitcoin helped him to uncover massive and undue spying of the public by the National Security Agency and CIA in 2013. Despite being vocal about Bitcoin, Snowden says he did not just realize BTC recently having used it back in 2013 to pay for servers he used to leak […] дальше »
2021-11-23 02:23
Inverse Signals: Why Bitcoin Weakness Is Attributed To Dollar Strength
Bitcoin price is currently on the ropes, potentially about to lose support at around $56,000. But could the recent weakness in the cryptocurrency market be more a factor of a strong dollar? TD Sequential Triggers Anti-Correlated Signals On BTCUSD, DXY Weeks ago, we posed the question if or not the Dollar Currency Index making new highs in 2021 was a dangerous situation for Bitcoin. дальше »
2021-11-23 00:39
Bitcoin Continues To Sway Below $60,000 — What To Expect Ahead Of Thursday’s Thanksgiving Holiday
In the second consecutive week, Bitcoin’s price opened the week on a low note as the price fell below $58,000 ahead of this year’s annual Thanksgiving Holiday. The event, which will be held on Thursday, has often been associated with low volatility as traders keep away for the celebrations. дальше »
2021-11-22 16:14
TA: Bitcoin Starts Fresh Decrease, Why BTC Could Test $55k
Bitcoin failed to clear the $60,000 resistance zone against the US Dollar. BTC is moving lower, and it could extend losses towards $55,000 in the near term. Bitcoin struggled to recover above the $60,000 and $60,500 resistance levels. дальше »
2021-11-22 06:08
NBER Study Reveals Bitcoin Is Over Concentrated And Vulnerable To A 51% Attack
A new study reveals that Bitcoin is concentrated in the hands of a few whales. The research goes on to reveal that Bitcoin miners are heavily concentrated and leave the network susceptible to a 51% attack. дальше »
2021-11-22 17:34
“Bitcoin Cures Cancer,” Says Elon Musk As BTC Aims For $60K
Elon Musk humorously tweeted in the early hours of Saturday that Bitcoin is the cure to cancer. Since the tweet, Bitcoin has climbed higher and is within reach of $60K. Elon Musk has been known to skirt between cryptocurrencies that has left sleuths stumped over his next move. дальше »
2021-11-22 16:46
3 Market-Moving Factors Behind The Recent Slump In Bitcoin Price
Bitcoin appears to be in a free-fall after falling to lows of $56,550 from an all-time high of nearly $70K. The cause of the price decline has been linked to derivatives over big-time sellers. Hilary Clinton’s comments and the approval of the Mt. дальше »
2021-11-21 15:19
“Ethereum Is Just Bitcoin With Extra Scripting,” Says Polkadot’s Founder After Successful Parachain Auction
Polkadot has completed the first parachain auction to the delight of its development team. The project’s founder stated that the historic occasion will give more freedom to developers looking to build on the blockchain. дальше »
2021-11-21 14:26
Major UK Retailers Plan To Give Millions Of Online Shoppers Cashback In Bitcoin
You will, from April 2022, be able to get shopping cashback in cryptocurrencies from over 40 U. K. online retailers following collaboration between different retailers and London-based open banking firm Mode. дальше »
2021-11-20 20:50
Bitcoin Price To Hit $6,500 Before Marathon Loses Money On Mining, CEO Reveals
Key takeaways Marathon, a leading Bitcoin mining firm affirms that the operation remains highly profitable. Marathon’s CEO reveals that Bitcoin would have to plunge 80% to become unprofitable. дальше »
2021-11-20 18:19
Bitcoin Resumes Decline, What Could Trigger More Downsides
Bitcoin price failed to stay above $60,000 and started a fresh decline against the US Dollar. BTC could extend losses below $55,000 in the near term. Bitcoin started a fresh decline from the $61,000 resistance zone. дальше »
2021-11-19 06:18
$500 Billion Wiped Off Crypto Market In A Week As Industry Digests China’s Latest Move
The entire crypto market went bleeding on Thursday after $60 billion was swept off in a flash crash that saw Bitcoin tumbling below $60,000 and Ethereum’s short-lived bull run nipped. The entire crypto market capitalization, which has been so far impressive having rallied to a record $3 trillion last week, has now shed over $500 […] дальше »
2021-11-18 20:18
Bitcoin Consolidates Losses, Why Recovery Could Fade Near $62.5K
Bitcoin price started an upside correction above $60,000 against the US Dollar. BTC could recover further, but the bears might remain active near $62,500. Bitcoin is still trading well below the $62,000 and $62,500 resistance levels. дальше »
2021-11-18 06:08
Preview Of The Peak: November Rains Red For Bitcoin Holders
Bitcoin price is struggling to maintain support at $60,000, having fallen more than 15% from the local record set earlier this month. But could the November rain storm that has resulted in a short-term bloodbath in crypto, be merely the final shakeout before the cycle peak is in? And could past cycles provide a preview of what this sort of scenario looks like? Let’s take a closer look. дальше »
2021-11-18 23:53
Respected Technical Analyst Peter Brandt Ditches Crypto Twitter After His $53K Bitcoin Forecast Sees Fierce Criticism
Famous trader Peter Brandt has taken a break from the Crypto Twitter community after he came under criticism for issuing a gloomy outlook of the price of the number one cryptocurrency by market cap, bitcoin. дальше »
2021-11-17 21:01
The Argument Against Bitcoin As An Inflation Hedge
Bitcoin is widely believed to be a hedge against inflation, gathering steam after the release of the latest inflation report The asset’s over 50% leap in 2021 has got tongues wagging about its suitability over traditional assets like gold. дальше »
2021-11-17 19:28
Market Pundit Pokes Holes In Possibility Of Bitcoin Tapping $100,000 Before Year-End
With the expanding adoption of Bitcoin and most recently, the Taproot upgrade which brings smart contract capabilities, secure and efficient transactions to the network, there is no doubt that most investors are bullish on the most successful cryptocurrency. дальше »
2021-11-17 15:26
The Race To Hedge Against Inflation Intensifies As Jordan Peterson Reveals He “Bought Some More Bitcoin”
Key takeaways Canadian psychologist reveals he bought some more Bitcoin to hedge against inflation. Inflation has become a global concern since the economic shutdown predicated by the pandemic. Bitcoin continues to advance in adoption as an inflation hedge. дальше »
2021-11-17 13:54
Bitcoin’s Long Term Holder Indicator Turns Red For The First Time In Six Months — Here’s What This Means
Bitcoin’s Long Term Holder (LTH) indicator just flashed red for the first time in over 6 months but there is nothing to worry about according to Lead Insights Analyst, Will Clemente. According to a Glassnode signal, Bitcoin’s bull market seems to have entered into a distribution phase, a signal first confirmed by the Long Term […] дальше »
2021-11-17 12:43
Bitcoin Turns Red, Why Bears Aim A Retest of $55K
Bitcoin price extended decline below the $60k support against the US Dollar. BTC could extend losses towards $55k in the coming sessions. Bitcoin started a fresh decline below the $65k and $62k support levels. дальше »
2021-11-17 06:08
Bitcoin Taproot Addresses Will Be Supported By Square’s Cash App Come December
Key takeaways Mobile payments platform, Cash App, to support Bitcoin Taproot addresses by December 1. The company that is a subsidiary of Jack Dorsey’s Square has had a great history with Bitcoin and generated $1. дальше »
2021-11-17 23:14
Loading Up On Cryptocurrencies Right Now ‘Doesn’t Make Sense’, Twitter CFO Says As Bitcoin Drops Below $60K
Twitter’s chief financial officer Ned Segal has indicated that putting some of the social media giant’s idle corporate cash into cryptocurrencies such as bitcoin at the moment “doesn’t make sense”. Speaking during an interview on Monday, Segal said Twitter would be forced to change its investment policy in order to hold more volatile assets on […] дальше »
2021-11-16 17:30
Crypto Market Drops $250 Billion In Hours As Bitcoin, Ethereum Emerge Biggest Losers In Latest Gargantuan Market Sell-Off
Key takeaways Bitcoin and Ethereum lead the crypto market sell-off with around 9% and 10% drops in value respectively. Despite lingering volatility, market sentiment is still bullish. Market participants see the dip as a great buying opportunity for Bitcoin. дальше »
2021-11-16 16:59
Bitcoin Whale Activity Hits Levels Last Seen In 2017 — What This Means For BTC Price
Key takeaways Bitcoin whale activity is nearing levels last seen in 2017, CEO of CryptoQuant, Ki Young Ju reveals. His observation is coming after Glassnode noted that Bitcoin on-chain activity was recovering. дальше »
2021-11-16 14:30
Bitcoin Bears Are Back, Why BTC Could Even Dive Below $60K
Bitcoin price failed to settle above $65,000 against the US Dollar. BTC started a fresh decline, and it might extend losses below the $60,000 support. Bitcoin started a fresh decline from the $66,400 resistance zone. дальше »
2021-11-16 06:28
The Bitcoin Taproot Upgrade Did Not Have A Memorable Impact On Bitcoin’s Price – Here’s Why
Bitcoin’s Taproot Upgrade went live on Saturday after months in the making. The upgrade was expected to have a measure of impact on the asset’s pricing after going live but so far, prices have been uneventful. дальше »
2021-11-16 00:44
VanEck Is Finally Launching Its Bitcoin Futures ETF
Key takeaways VanEck’s Bitcoin Strategy ETF is set to launch tomorrow on the CBOE. The futures-based Bitcoin fund will be the “lowest cost” Bitcoin ETF yet. Spot-settled Bitcoin ETFs are still the ultimate goal of the Bitcoin market. дальше »
2021-11-16 23:06
Bitcoin Threat To Financial Stability Is ‘Getting Closer’, Bank of England’s Deputy Governor Cunliffe Warns
Regulators must move quickly to avert the impending risk posed by cryptocurrency assets to the financial sector, according to Jon Cunliffe, deputy governor for financial stability at the Bank of England. дальше »
2021-11-15 22:12
Why Bitcoin Is Nowhere Near The Top This Cycle, But Still Likely To Roar Past $200,000
If you thought bitcoin’s parabolic rally was over, think again. A price indicator developed by one of the industry’s best-known analysts is betting on the world’s largest cryptocurrency to more than triple in value during this cycle. дальше »
2021-11-15 19:23
Bitcoin’s $69k Run Now Faced With Another Problem As BTC Bulls Build Floor For Next Bear Market
Bitcoin recently fell from highs of $68K to $64K in a flash crash that caused worry for the assets investors. The cause of the blip in prices has been identified as the increase in BTC margined futures open interest and the market’s relationship with the dwindling stock markets. дальше »
2021-11-15 14:47
Bitcoin Eyes Fresh Rally, Why Close above $66k Is Important
Bitcoin price recovered losses and climbed above $65,000 against the US Dollar. BTC must climb above the $66,350 zone to start a fresh rally in the near term. Bitcoin started a fresh increase from the $62,500 support zone. дальше »
2021-11-15 06:08
Bitcoin Enters “Mind Blowing” Smart Contracts Era As Much Awaited Taproot Upgrade Goes Live On Mainnet
As reported earlier, the much-awaited Bitcoin upgrade, BIP341/342 known as Taproot, activated at Block 709,632 on Sunday at epoch 5:15 UTC (00:15 EST) in a rare consensus among users that saw smart contracts debut on Bitcoin’s network. дальше »
2021-11-14 16:03
‘A Non-Futures ETF Structure Is The Superior Approach’, Says VanEck CEO As SEC Refuses To Approve A Bitcoin Spot Fund
Key takeaways The SEC has turned down VanEck’s Bitcoin spot settled ETF application. In the rejection letter, the SEC stated that the application failed to outline proper consumer protection measures. дальше »
2021-11-14 22:19
Elon Musk Sells $7 Billion In Tesla Stock And Might Snap Up Bitcoin, Dogecoin, Or Shiba Inu In The Coming Days
Elon Musk has sold a fraction of his Tesla shares, netting him over $6.9 billion. The cryptocurrency enthusiast may splurge on new crypto assets in the coming days with his new stash. Bitcoin, Shiba Inu, and Floki Inu are some assets that the billionaire might be purchasing. Elon Musk kept his word and has begun […] дальше »
2021-11-14 19:58
Miami Mayor Set To Launch The ‘Biggest Bitcoin Giveaway’ For Residents
Mayor Francis Francis Suarez has expressed plans to distribute gains from the city’s investment in its native cryptocurrency, Miamicoin (MIA), to all of its residents. Suarez made this disclosure on Thursday while in an interview with Coindesk TV, where he envisioned the possibility of Miami becoming the first city to become actively involved in emerging […] дальше »
2021-11-13 18:52
Biden’s Adviser Barred From Airing His Views On Bitcoin Because Of His Large BTC Holdings
A top adviser at the White House has been precluded from advising the government on cryptocurrencies. Tim Wu is reportedly said to own a cryptocurrency portfolio worth over a million dollars. Experts think the decision has streaks of double standards and blasts the government’s policy. дальше »
2021-11-13 01:37
Bulls Put On The ‘Spot’ As VanEck Bitcoin ETF Is Rejected
Bitcoin ETF season has come to an abrupt halt as the spot-based ETF proposal by VanEck has been rejected by the Securities and Exchange Commission. Here is a closer look into why the SEC rejected the proposal, what this means for future approvals, and what it could mean for the cryptocurrency’s continued bull run. The […] дальше »
2021-11-13 22:51
SEC Denies VanEck’s Long-Awaited Spot Bitcoin ETF Application
The U.S. Securities and Exchange Commission (SEC) has blocked VanEck from creating an exchange-traded fund (ETF) that directly tracks the price of the bellwether cryptocurrency. Spot Bitcoin ETF From VanEck Blocked After a series of delays, VanEck’s proposal for a spot bitcoin ETF has been thrown out by the SEC. The rejection by the SEC […] дальше »
2021-11-13 22:25
CBDC or Bitcoin? Zimbabwe Sways Both Sides As Conflicting Reports Emerge
Early this week, word on crypto street suggested that Zimbabwe was plotting a full-scale cryptocurrency adoption. The country’s Minister of Information has refuted the claims that the country will be embracing cryptocurrencies. дальше »
2021-11-13 19:34
New On-Chain Metrics Reveal Bitcoin Is “Only Marginally Above Bear Market Levels” Despite Hitting New Highs
Bitcoin has had a stellar run so far in November and has continued to build on the grounds covered in October. In the last ten days, the leading cryptocurrency has sustained prices between a low of $60,218 and a high of $68,789 which is notably also a new all-time high. It is up around 12% […] дальше »
2021-11-12 02:03
“My Big Miss Was Not Buying More Bitcoin” —Billionaire Paypal Co-Founder Peter Thiel on BTC’s $68k ATH
The National Conservatism Conference just concluded in Orlando, Florida, and Paypal’s Co-Founder Peter Thiel has only one regret about Bitcoin; he wished he had bought more. Thiel’s comments come even as Bitcoin continues to print new highs, with price tapping $68,789 on Wednesday. дальше »
2021-11-11 21:31
Bitcoin’s Taproot Upgrade Is Closer Than Ever, And Bitcoiners Are Highly Bullish — Here’s Why
Bitcoin’s widely anticipated Taproot upgrade is billed to be live in less than 4 days. The upgrade is the first in nearly four years for the Bitcoin network and ushers in new features and functionalities. дальше »
2021-11-11 20:31
Rob Arnott Shares How He Missed Out On Making $25 Million From A $100K Bitcoin Investment
Bitcoin emerged as one of the best performing assets in the last decade. Research Affiliates chair and popular investor Rob Arnott tells Bloomberg that he regrets not investing more in Bitcoin in 2013. дальше »
2021-11-11 18:13
Bitcoin Closing November Above $98,000 Is A Big Jump, But Very Much Attainable, Says Market Pundit
Key takeaways Bitcoin’s S2F valuation model creator PlanB remains confident in his projected $98,000 Bitcoin price for November. The analyst is also highly optimistic that the bull run will continue into 2022. дальше »
2021-11-11 17:16
Indonesia’s Islam Council Bans Muslims From Trading Bitcoin, Deems Crypto As “Haram”
Indonesia’s council of Islam religious leaders has called on Muslims in the country to desist from engaging in crypto-related transactions, terming it as “haram”. According to a Thursday report by Bloomberg, Asronun Niam Sholeh, chair of religious decrees at the National Ulema Council (MUI) decried cryptocurrencies, terming them as “uncertain, wagering and harmful” pitting them against […] дальше »
2021-11-11 16:54
Bitcoin Extends Correction, Why The Bulls Might Take Back Step
Bitcoin price started a downside correction below $66,000 against the US Dollar. BTC might extend its downside correction towards $62,000 in the near term. Bitcoin started a downside correction below the $66,000 and $65,000 levels. дальше »
2021-11-11 06:08
Bitcoin and Ether Hit Major Milestones, Unlocking Price Projections Expected Before Year-End
The global crypto market valuation clinched $3 trillion for the first time with Bitcoin and Ethereum leading the rally. The duo set new all-time highs in the last 24 hours on the heels of interesting positives from both sides. дальше »