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Bitcoin Transactions Are Surprisingly Low Despite Recent Dizzying Ride — What Gives?
Bitcoin has been fiercely bullish in recent months. The world’s largest cryptocurrency by market cap recently peaked above $50,000, extending an impressive streak of gains that have driven the crypto market closer towards May highs. дальше »
2021-8-25 23:21
No Bitcoin, Ethereum ETFs This Year? VanEck’s ETF Withdrawal Triggers Major Speculation
Investment management firm, VanEck, has withdrawn its recently filed Ethereum Strategy exchange-traded fund (ETF) application from the table of the Securities and Exchange Commission (SEC). VanEck last week announced that it had determined not to go ahead with the offering “at this time. дальше »
2021-8-25 23:15
MicroStrategy Revives Bitcoin Buying Spree, Adds 3,907 BTC For $177 Million
Business intelligence software and services provider and bitcoin whale MicroStrategy today announced its newest purchase of 3,907 BTC at approximately $45,294 per BTC for $177 million, according to a US SEC filing on Tuesday. дальше »
2021-8-24 18:59
Bitcoin Crashing To $20k Still Very Likely – Chief Market Strategist Avers
Bitcoin is still trending in dangerous waters that could see its price slump into a deeper correction, an expert market analyst has now warned. Speaking to a media outlet, Kitco News on Friday, Gareth Soloway, the chief market strategist of InTheMoneyStocks. дальше »
2021-8-24 16:12
$50k Bitcoin Justified At This Time, Argues Quantum Economics CEO Mati Greenspan
Bitcoin topped $50,000 on Monday being the second time it has done so this year. And some analysts say this appears like a notable psychological resistance point in what has now come to be known as a double rally for Bitcoin. дальше »
2021-8-24 15:50
TA: Bitcoin Rejected above $50K, Why BTC Could Correct Gains
Bitcoin price failed to stay above $50,000 and corrected lower against the US Dollar. BTC could correct lower towards the $48,250 support in the near term. Bitcoin tested the $50,500 resistance level before correcting lower. дальше »
2021-8-24 06:08
Elliott Wave Expert Sees “Greater Price Appreciation Unfolding” In Bitcoin
Bitcoin price is flirting with resistance at $50,000. The first attempt has led to a short-term rejection, but the king of cryptocurrency appears determined as ever. According to Elliott Wave International’s resident crypto expert Tony Carrion, there are plenty of signs that suggest “greater price appreciation” is “unfolding” across the crypto market. If he’s correct, […] дальше »
2021-8-24 23:00
Bitcoin Breakout Beyond $50K Brings Bull Market Fractal Back In View
Bitcoin price is back above $50,000 and its return to the key resistance level has brought a potential bull market fractal back into focus. The bullish fractal in question suggests that another leg up in the crypto bull cycle is coming, matching the epic 2013 rally grand finale. дальше »
2021-8-24 23:00
El Salvador’s President Nayib Bukele Makes Game-Changing Revelations About Bitcoin Law Ahead Of September Adoption
El Salvadors’ Bukele makes game-changing revelations about Bitcoin ahead of September 7th Central American country El Salvador took the world by surprise in July when the country’s parliament passed the Bitcoin Law proposed by President Nayib Bukele into law. дальше »
2021-8-24 21:26
Bitcoin Remains Flagbearer As Ether, Polkadot, Cardano, Binance Coin, and Tether Back $2 Trillion Market Impulse
A few days ago, the crypto market soared past the $2 trillion mark, months after periods on end on a sea of reds and constant value decline. This time, as with other times, Bitcoin led the charge with a 50% contribution, bearing the flag of crypto with Ethereum, Polkadot, Cardano, Binance Coin, and Tether trailing […] дальше »
2021-8-24 18:45
America’s Second-Largest Mortgage Lender Will Be Accepting Bitcoin Payments Later This Year
United Wholesale Mortgage will begin accepting payments in cryptocurrency soon, allowing homebuyers in the United States to pay their mortgages in Bitcoin. Firms have been leaning towards crypto payments as of late, with the trend well on its way to becoming mainstream. дальше »
2021-8-24 18:04
PayPal Extends Its Crypto Buying And Selling Service To UK Customers
Global payments provider PayPal Holdings Inc has announced that it will allow customers in the United Kingdom to buy, sell and store Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. Crypto Services Are Coming To PayPal’s UK Customers As of this week, UK users of one of the world’s largest payments systems will be able to buy, […] дальше »
2021-8-24 15:06
Expect Ethereum To Crush Bitcoin Within Five Years, Says CEO Of Largest Financial Advisory Firm
Nigel Green, the CEO and founder of one of the world’s largest independent financial advisory organizations, the deVere Group is one amongst many who is very bullish on Ethereum (Ether). Green has shared sentiments similar to other Crypto proponents on Ether’s potential. дальше »
2021-8-24 14:55
Bitcoin Successfully Smashes Through $50,000, Here’s What To Expect In The Near Term
Bitcoin bulls have finally succeeded in smashing through the $50,000 price level. For the first time since May, the big bull has managed to break past $49,000. Big bull above $50,000 At press time, daily gains are up over 3%, while weekly gains stay above 5%. дальше »
2021-8-24 11:22
On-Chain Data Suggests Ether Will Be Blazing Through New All-Time Highs Before Bitcoin
Earlier this month, Bloomberg revealed that Ethereum’s year-to-date performance has been significantly higher than Bitcoin’s for two years now. Bitcoin proponents, unfazed by the recent developments, have their eyes peeled for when Bitcoin finally hits $100,000; as they should, given that multiple indicators have validated the possibility of Bitcoin attaining said price this year. However, […] дальше »
2021-8-22 21:55
Multi-Billion Dollar Assets Management Firm Neuberger Berman Wants To Invest 5% Of $164M Commodities Fund In Bitcoin
Multi-billion dollar assets management firm Neuberger Berman intends to invest up to 5% of its $164 million commodities mutual fund in bitcoin effective immediately, according to its latest amended filing with the US Securities and Exchange Commission (SEC). дальше »
2021-8-22 16:40
Amid BTC Boost, Popular Crypto Whale Affirms Bitcoin Likely To Tank Below $30k By Autumn
It appears that “CryptoWhale,” a popular crypto personality known for unapologetically sharing his thoughts on cryptocurrencies, especially Bitcoin has sighted a possible bear market in the near term. дальше »
2021-8-22 16:22
El Salvador’s Bukele Is “Playing With Fire” For Ignoring World Bank, IMF’s Warnings On Bitcoin: Renowned Economist Steve Hanke
Steve Hanke – a professor of applied economics at John Hopkins University – has sounded a warning that El Salvador could be heading to currency chaos and economic collapse with their adoption of Bitcoin as legal tender. дальше »
2021-8-22 17:36
Bitcoin Mining Industry Booms As Daily Revenue Skyrockets Past $40 Million
The Chinese crackdown on the cryptocurrency industry saw over 50% of the hashrate of Bitcoin mining go offline. The Bitcoin network has however shown its resilience as it is recovering remarkably well from the FUD generated by the crackdown on Bitcoin mining in China. дальше »
2021-8-22 13:52
Missouri Mayor To Distribute $1,000 In Bitcoin To Every Resident — But There’s An Itsy-Bitsy Catch
The mayor of a small town in Missouri, Cool Valley, plans to hand out bitcoin to all the inhabitants of his town. Mayor Jayson Stewart will be offering up to $1,000 worth of the cryptocurrency to all the roughly 1,500 residents. дальше »
2021-8-21 00:51
Analysts On Why Bitcoin Has Enough Momentum To Score $56,000 Forthwith
Bitcoin traded above $48,800 on August 20 for the first time since May 17, holding the trading range between $46,000-$48,000 tight for the past three days. The top coin has soared 3. 93% in the last 24 hours, to trade at $48,429 at the time of writing. дальше »
2021-8-21 23:28
Coinbase To Buy $500 Million In Bitcoin, Ethereum, Cardano, Defi Tokens On Its Balance Sheet
Coinbase has announced plans to convert an additional $500 million of its balance sheet into crypto assets after the exchange received approval from its board of management, according to CEO Brian Armstrong. дальше »
2021-8-21 21:07
Wild Bitcoin Price Explosion Forces Sweden To Return $1.6M To Drug Dealer
An earlier case that marked the first instance for Sweden to prosecute a crypto-related crime will now see a jailed drug dealer receive over $1. 6 million from the Swedish government after bitcoin appreciated tremendously while he was incarcerated. дальше »
2021-8-21 19:38
‘Bitcoin Will Never Be The Currency Of The Internet’: Ethereum Proponents Oppose Jack Dorsey’s Assertions
The Ethereum community on Twitter is rebuffing the skepticism that Bitcoin maximalist and CEO of the micro-blogging platform, Jack Dorsey, expressed towards the claim that one Ethereum proponent, “Cory. дальше »
2021-8-21 18:51
Fifth-Largest US Bank Wells Fargo Ready To Roll Out Bitcoin Fund For Rich Clients
Another mega US bank is poised to launch a cryptocurrency fund. According to a filing with the Securities and Exchange Commission (SEC) on Thursday, Wells Fargo & Co has registered a passive bitcoin fund for its clients. дальше »
2021-8-20 13:23
TA: Bitcoin Regains Strength, Why BTC Could Hit $50 This Time
Bitcoin price traded to a new weekly low at $44,012 before recovering losses against the US Dollar. BTC is back above $47,000 and it may attempt to clear the $48,000 resistance. Bitcoin started a decent increase above the $45,500 and $46,000 resistance levels. дальше »
2021-8-20 06:08
Why An Ongoing Bullish Bitcoin “Retest” Might Result In New Highs
Bitcoin price is still well below its former record, but the top cryptocurrency by market cap at the time of this writing is making another attempt to reclaim lost support near all-time highs set earlier in the year. дальше »
2021-8-20 23:39
Bitcoin Not Designed For What Twitter’s Jack Dorsey Wants To Build, Ethereum’s Vitalik Buterin Asserts
Ethereum Co-founder Vitalik Buterin says that Facebook and Square face huge challenges in their latest crypto and blockchain quests. Speaking to Bloomberg’s Television, Vitalik said the Bitcoin blockchain does not have functionality that would help Square to build a “non-custodial, permissionless, and decentralized financial service” on top of Bitcoin. According to him, Facebook may also […] дальше »
2021-8-20 23:36
Former SEC Chairman Jay Clayton Joins $2 Billion Israeli-Based Bitcoin and Ethereum Custodian, Fireblocks
Jay Clayton, the immediate past SEC chairman, was today announced as one of the newest members of the advisory board of Fireblocks – an Israeli-based Bitcoin and Ethereum custodian. The firm, which has an over $2 billion valuation, praised the addition of Clayton saying it would help it and its customers “navigate the evolving market […] дальше »
2021-8-19 19:16
Stock-to-Flow Model Prints $63,000 As Bitcoin’s Floor Price For September
PlanB, the creator of the Bitcoin stock-to-flow (S2F) model, has been using it to forecast the price movement of Bitcoin. PlanB has reaffirmed that the model is still in play. The novel sign pointed to data from June that forecasted based on the model, that the floor price or worst-case scenario of Bitcoin for September […] дальше »
2021-8-19 15:57
Bitcoin, Dogecoin Primed to Lead Crypto Space Toward MultiBillion-Dollar Sports Industry
The cryptocurrency industry is expanding to new horizons, as it is finding more use cases and areas of applications in many industries. Cryptocurrencies and blockchain technology have found a ready application in the fintech industry, and now, the sports and entertainment industry is also opening up its doors to the technology. In the journey to […] дальше »
2021-8-19 11:53
Britney Spears May Have Successfully Used Bitcoin To Hide Purchases From Dad Since 2014
The strong fundamentals of Bitcoin, which make it a force to be reckoned with, have once again shown their positives with the recent revelation that embattled Popstar, Britney Spears, has been using the cryptocurrency. дальше »
2021-8-19 11:24
TA: Bitcoin Turns Red, What Could Trigger More Downsides
Bitcoin price struggled to recover above the $46,000 resistance against the US Dollar. BTC could continue lower below the $44,200 support zone in the near term. Bitcoin is facing a major resistance near the $45,500 and $46,000 levels. дальше »
2021-8-19 06:08
The “Father Of Trend Following” And The Indicator That Says Bitcoin Is Still Bullish
When Bitcoin price is in an uptrend or a downtrend, it is usually obvious and undeniable due to just how powerful things can move. For example, the cryptocurrency soared from $3,800 to $65,000 during the most recent impulse. дальше »
2021-8-19 23:00
How Canada’s Outstanding Hydroelectric Power Can Single-Handedly Fix Bitcoin’s Energy Consumption Dilemma
For a long while, the huge amounts of energy used by the Bitcoin network in mining the cryptocurrency have been a subject of discussion. Many have decried the network to be bad for the environment, as the high energy usage could be contributing to climate change. дальше »
2021-8-19 22:57
Jack Dorsey Backs Bitcoin Evangelist’s Open Letter to Staunch Crypto Critic Senator Warren
Jack Dorsey, the billionaire CEO of Square and Twitter, and Bitcoin maximalist has endorsed an open letter, sent by Samantha Messing, a professed progressive policy inclined citizen, to Senator Elizabeth Warren. дальше »
2021-8-19 22:17
‘Bitcoin Has No Real Use Case’: Federal Reserve Bank of Minneapolis President Neel Kashkari Trashes Crypto Market
Bitcoin has no real use case according to the Minneapolis Federal Reserve Bank President Neel Kashkari. Speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky in Montana, Kashkari said crypto is 95% fraud, hype, and confusion. дальше »
2021-8-19 20:01
Approval Impending? Mike Novogratz’s Galaxy Digital Becomes Fifth Firm To File Application For Bitcoin Futures ETF
Mike Novogratz-helmed Galaxy Digital has filed an application with the SEC to gain approval for its Bitcoin futures exchange-traded fund (ETF). The digital asset manager is the latest to join the queue of other firms hoping to lay claim to the bitcoin product. дальше »
2021-8-18 13:12
TA: Bitcoin Breaks Key Support, Why BTC Could Revisit $40K
Bitcoin price failed to stay above the key $45,000 support zone against the US Dollar. BTC is showing a few bearish signs and it could correct lower to $40k. Bitcoin extended its decline below the $45,500 and $45,000 support levels. дальше »
2021-8-18 06:08
Cardano ADA’s One Year ROI Surprisingly Transcends Returns From Bitcoin and Ether
Bitcoin may have become the best-performing asset class of the decade this year when its price jumped to over $63,000, then followed by Ethereum, but the two are nowhere close to Cardano’s return on investment performance this year so far. дальше »
2021-8-18 21:27
This Family Put Everything They Had Into Bitcoin And Now Tour The World With A Completely Different Message
Everyone thinks Bitcoin and other cryptocurrencies are too risky to pour all their wealth into for the obvious reasons of them having huge volatility – everyone is too scared that such wealth could reduce massively within no time but then again no one wants to imagine how rich they could be if that money generates […] дальше »
2021-8-18 17:06
The Magnificent Bitcoin Supercycle Is Here; Here’s Why You Should Expect Everything Bullish
The “Bitcoin supercycle” is the concept of Bitcoin surging significantly due to incoming mass adoption as indicated by technical factors. While many do not believe that the cycle is trustworthy, it still does a good job of highlighting the rate at which adoption is taking place and where that could lead the financial market to […] дальше »
2021-8-17 13:08
“Too Much Concentration Of Wealth With BTC Whales” – Mark Cuban On Bitcoin vs. Dogecoin
Despite bitcoin fast proving to be a monetary standard and store of value, the Dallas Mavericks boss Mark Cuban who sees it as more of a digital version of gold than a currency is not a fan. On Friday, a seemingly irate Bitcoiner sparked a spirited discussion pointing at the American Billionaire about a recently […] дальше »
2021-8-17 12:40
TA: Bitcoin Struggles To Hold Key Support, What Could Trigger More Downsides
Bitcoin price failed to clear $48,000 and corrected lower against the US Dollar. BTC is likely to extend its decline if it breaks the $45,000 support zone. Bitcoin started a fresh decline after it failed to clear the $48,000 resistance. дальше »
2021-8-17 06:08
50 Years Later: Why Bitcoin Is The New Gold Standard
50 years ago yesterday, on August 15, 1971, United States President Richard Nixon changed the world with a monetary policy that also led to the creation of Bitcoin. It seems like a stretch, but it all began with the depegging of the dollar from the gold standard. Losing its peg to gold has led the […] дальше »
2021-8-17 03:00
Weekly Bitcoin Momentum Cross Bullish For First Time Since March 2021
Bitcoin price has been unable to get back to $50,000, but with momentum at its back for the first time on weekly timeframes since March, the top cryptocurrency might blast right on through it. Here’s a closer look at the significant bullish crossover brewing, but also what crypto investors might need to beware of if the market continues to consolidate further. дальше »
2021-8-16 23:00
America’s Largest Retailer Walmart May Be Planning To Enter The Crypto Market In A Big Way
North American retail giant Walmart is looking to toe the digital currency waters, outlining a digital currency and cryptocurrency-specific role in a new job ad. Walmart Wants To Hire Someone To Lead Its Digital Currency And Cryptocurrency Initiatives Posted on Walmart’s career page, the new role seeks a visionary leader to develop the firm’s digital […] дальше »
2021-8-16 17:27
$100k Or Even $200k Are Not “Unattainable” Levels For Bitcoin In This Cycle; Osprey Funds CEO Asserts
Despite claims by some crypto quarters that the current Bitcoin’s bullish cycle is over-extended and the asset’s price could soon drop, reaching $100,000 or $200,000 is very possible according to Greg King. дальше »
2021-8-16 12:58
TA: Why Bitcoin Price Aims $50K, Dips Remain Attractive
Bitcoin price started a fresh increase from the $45,500 support against the US Dollar. BTC is likely to accelerate higher above the $48,000 resistance zone. Bitcoin is trading nicely above the $45,500 and $46,500 resistance levels. дальше »
2021-8-16 06:08
$100,000 Is A Magnet For Bitcoin, Grayscale CEO Barry Silbert Asserts
In 2019, Grayscale CEO Barry Silbert asserted that $20,000 was a magnet for the bitcoin (BTC) price. Now, Silbert says the $100K level is a magnet for the number one cryptocurrency by market value. дальше »