Bitcoin price climbs above $71k as Middle East tensions fail to trigger fresh sell-off

Bitcoin price pushed back above $71,000 on Wednesday, defying geopolitical jitters tied to escalating Middle East tensions and a spike in global oil prices, as on-chain data suggests selling pressure may be drying up.

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Middle East explodes, Bitcoin steady: is something broken?

Why are markets staying calm while the Middle East is on fire? Is Bitcoin really immune to geopolitical chaos, or are we missing something bigger here? Missiles fly, Bitcoin steady A year ago, Israeli Prime Minister Benjamin Netanyahu stood confidently…

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Bitcoin, Ethereum and XRP Price Prediction: In the Middle of a Bullish Breakout

The Bitcoin (BTC) price and the Ethereum (ETH) price have broken out from their respective patterns. The XRP price has yet to do so and is still showing conflicting signs in regard to the direction of its trend.

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Think Before You Sell Your Bitcoin

The entire world is in the midst of financial calamity unlike most alive have ever seen. Is the middle of the bear market the time to sell your bitcoin?

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Bitcoin Futures Now Traded Mostly by Whales, Analyst Says

Bitcoin futures are now being traded mostly by whales, which means that Bitcoin is likely in the middle of another accumulation phase

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21shares launches first spot bitcoin ETP in the Middle East

The new spot bitcoin ETP will list and trade on Nasdaq Dubai, 21Shares said…

The post 21shares launches first spot bitcoin ETP in the Middle East appeared first on CoinJournal.

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21Shares Launches a Physically-Backed Bitcoin ETP on NASDAQ Dubai

21Shares AG, part of the parent company, 21.co, announced its entry into the Middle East to provide investors in the market with access to the rapidly-growing asset class via NASDAQ Dubai. 21Shares Aiming for Global Reach According to an announcement…

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21Shares Launches The Middle East’s First Spot Bitcoin ETP

The spot bitcoin ETP will trade on the Nasdaq Dubai exchange and marks 21Shares' entrance into the growing digital asset economy of Dubai.

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21Shares spot Bitcoin ETP goes live on Nasdaq Dubai

Leading crypto exchange-traded product (ETP) issuer 21Shares has listed the first physically backed-bitcoin ETP on Nasdaq Dubai for the Middle East market. The post 21Shares spot Bitcoin ETP goes live on Nasdaq Dubai appeared first on CryptoSlate.

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Crypto Investment Product Firm 21Shares Launches Bitcoin ETP in Middle East

21Shares’ physical bitcoin exchange-traded product will list on the Nasdaq Dubai.

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Bitcoin Rising In The Gulf: UAE Sees Crypto Market Growing 10-Times This Year

The Bitcoin (and crypto market in general) in the Middle East and North Africa (MENA) region is the fastest growing in the world, according to a report released by data platform Chainalysis. Countries that are part of MENA are Algeria, Bahrain, Egypt, Iran, Iraq, Israel, Jordan, Kuwait and Lebanon.

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MicroStrategy Send Plea to Bitcoin Lightning Engineers to Work on the SaaS Project

A wide range of companies have entered the crypto-verse. While some feel discouraged in the middle, most have increased their involvement. MicroStrategy has become a significant Bitcoin vulnerability due to its former CEO, Michael Saylor. The company was prepared to…

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CoinCorner partners Seed Group to offer Bitcoin trading in UAE

Cryptocurrency exchange platform CoinCorner and Seed Group, a firm owned by the royal family of Sheikh Saeed bin Ahmed Al Maktoum of the United Arab Emirates, are teaming up to offer Bitcoin trading in the UAE, across the Middle East.

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Bitcoin Slumps Below Key Support Level. How Low Can It Get?

Bitcoin have retreated to a crucial area of support that served as the upper limit of the negative movement in late June at the 18,000 range. Bitcoin Breaks Crucial Level After falling below the bear flag at the middle of August, prices were able to fall further on a break of 20,000 before reaching a crucial area of support at around 19,600.

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Interview with Ben Caselin, Head of Research and Strategy at AAX on Bitcoin in Emerging Markets Survey

AAX in association with Forrester Research recently published the findings of a survey conducted in Africa, Latin America, the Middle East and Southeast Asia on Bitcoin adoption. We asked Ben Caselin, the Head of Research and Strategy at AAX few questions regarding the survey outcome and key findings.

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Litecoin (LTC) Performs Better Than Bitcoin In Last 24 Hours – Upward Motion In The Coming Days?

Litecoin (LTC) has been having a rough time pumping its value since 2022’s big market meltdown. The majority of cryptocurrencies likewise was experiencing the same misery. Since last month, however, the (bear) market has shown indications of resurgence (well, depending on which cryptocurrency article you are reading), allowing LTC to reach $63 by the middle of this month.

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Prince Philip of Serbia calms rumors of Arab country Bitcoin adoption

In an interview with Cointelegraph, the hereditary prince nuanced his views on Bitcoin adoption in the Middle East and shed light on Bitcoin in Serbia.

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Fixing Broken Fiat Plumbing — Sharing A House Separated By Cantillon Privilege

A firefighter’s take on today’s precarious economic mechanics and how bitcoin steps in as an empowerment tool for the middle class.

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Bitcoin Downtrend Could Be at Its Climax as It Loses 73% from ATH Reached 227 Days Ago

While end of downtrend might not be as close as we might have wanted, it is still somewhere in middle

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Crypto Market Downtrend Resumes, Here’s What Ethereum Whales Are Buying

The crypto market had been able to pause its downtrend, causing digital assets like Bitcoin and Ethereum to recover once more. However, the recovery will only be short-lived as the price of Ethereum crashed in the middle of Monday.

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Middle East Oil Producers Move Into Bitcoin Mining With Crusoe Energy Stakes

The U.S. startup – which uses flared natural gas to power Bitcoin mining rigs – counts the sovereign wealth funds of Abu Dhabi and Oman as investors.

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US-Based Crusoe Energy To Use Flared Gas In Oman For Bitcoin Mining

US-based firm Crusoe Energy has signed a deal with the Oman Investment Authority (OIA) to use stranded natural gas in the Middle East country to power crypto mining. According to a report by Bloomberg, the deal came after the authority acquired a stake in the US Company as part of an April $350 million in […]

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Oil Companies In The Middle East To Use Excess Gas For Bitcoin Mining: Report

Crusoe, a Denver-based bitcoin mining company, is deploying equipment to capture flared gasses in Muscat, Oman.

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Bitcoin and the Dow meet in middle and close in on $30K

Following the latest stock market plunge Wednesday, with stocks closing down close to 4%, the Dow Jones is trading at 31,500. In what would have seemed improbable not too long ago, the index is now staring down the barrel at the psychologically important 30,000 level.

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The Financial Dark Ages Are Ending Thanks To Bitcoin

Bitcoin represents a financial renaissance, which means society still exists in a monetary Middle Ages dominated by the alchemy of fiat currency.

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Veteran Trader Peter Brandt Predicts Local Bottom for Bitcoin

Peter Brandt believes that Bitcoin is in the middle of a major capitulation phase

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El Salvador Doubles Down, Buys 500 BTC Amid Dip

El Salvador President Nayib Bukele declared the country’s largest Bitcoin purchase to date in the middle of a terrible cryptocurrency market fall. He announced it in a tweet on Monday, saying, “El Salvador just bought the dip!” “Average price of $30,744 for 500 coins.

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Bitcoin, Ethereum and finding the middle ground with maximalism

On the latest episode of the Bankless podcast, Vitalik Buterin expanded on his blog article, "In Defense of Bitcoin maximalism." In fact, he also touched upon why he thinks maximalism is good, a countThe post Bitcoin, Ethereum and finding the middle ground with maximalism appeared first on AMBCrypto.

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Bitcoin Price Plummets Below $40,000 As Crypto Market Tallies $440 Million In Liquidations

Bitcoin fell 15% in the last 24 hours, plunging below $40,000 for the first time since middle of March. Meanwhile, Ethereum was down 14%, retreating below the $3,000 level for the first time since March 22.

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Dubai School Enables Payment of Tuition Fees in Bitcoin and Ethereum

A school in Dubai named 'Citizens School' has become the first of its kind in the Middle East to accept cryptocurrency as a form of payment for tuition fees.

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Dubai School Makes History As First In Middle East To Accept Bitcoin & Ether Payments

A school in Dubai has announced that it will be accepting cryptocurrencies such as Bitcoin and Ethereum as payment. Dubai is a city that has continued to introduce new and favorable laws regarding cryptocurrency and as a result, has seen the adoption of digital assets rise in recent times. The Dubai school which is scheduled […]

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Bitcoin derivatives metrics reflect traders’ neutral sentiment, but anything can happen

BTC price is caught in the middle of a game of tug-o-war, as evidenced by the fact that pro traders are equally pricing upside and downside risk instruments.

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Elon Musk Shares Galaxy-Brain Theory About Bitcoin Creator

Portman-d’oh Has Elon Musk figured out the source of the “Satoshi Nakamoto” pseudonym given to Bitcoin’s mysterious creator? A meme the trollish Tesla and SpaceX CEO posted in the middle of the night offers a Satoshi Nakamoto theory that’s so galaxy-brained that it may actually work.

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This Indicator Points To A Bitcoin Bottom, $50K Next Target?

Bitcoin has been on a downtrend recently and although it has had multiple recoveries, it is still a long way off from its all-time high. There are a number of indicators that point towards bullish and bearish trends, but mainly seem to stand in the middle.

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Bitcoin bull trap? 3 indicators that predict BTC price falling to $24K–27K this year

Zooming out Bitcoin charts to longer-timeframes puts BTC price in the middle of a large bear cycle, according to one analyst.

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Bitcoin.com Exchange Announces Listing of New Digital Asset BUY by Burency

Bitcoin. com Exchange is thrilled to announce the upcoming listing of a new digital asset on the 20th of August 2020 at 10:00 UTC. BUY by Burency is a new cryptocurrency that aims to increase cryptocurrency and blockchain adoption in the Middle East.

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Bitcoin Struggles to Hold on to Critical Support

On June 18, the Bitcoin (BTC) price failed to break out from its current pattern and fell to the $9,250 support area instead. This area is the middle of the long-term trading range BTC has been stuck in since May.

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The Truth About Bitcoin and Hezbollah in Lebanon

Will Hezbollah in Lebanon use bitcoin? The data suggests terror activity is uncommon despite surging crypto popularity across the Middle East.

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Bitmain’s Power Struggle Takes Toll on Customers as Co-Founder Halts Shipments

Like the employees forced to choose sides, Bitmain customers have been caught in the middle of the power struggle at the No.1 bitcoin miner manufacturer.

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Charts of XRP and Top Altcoins Look “Trash”: Here’s What May Come Next

The Bitcoin bull case may be rapidly forming, but the charts of XRP and other top altcoins still look “like trash” according to a top analyst. The analyst that made this assertion called that BTC would bottom at $3,200 in the middle of 2018, when the asset traded in the $8,000s.

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Can Bitcoin & cryptos find a middle ground between privacy, regulatory scrutiny?

In the digital era, there has been massive democratization of information; however, are the ideals of privacy being diluted in such an environment where scalability and efficiency seem to be the most The post Can Bitcoin & cryptos find a middle ground between privacy, regulatory scrutiny? appeared first on AMBCrypto.

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Bitcoin’s Block Size Debate Has 2 Failure Modes, Critics Say

Two cryptocurrency critics have weighed in on Bitcoin’s ongoing block size debate, arguing that a middle ground is best. Anywhere outside this middle ground and Bitcoin risks undue centralization.

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Bitcoin Explodes Above $9,300 After Halving: What Do Analysts Expect Next?

Bitcoin has continued to rally higher since our last market update, recently retaking $9,300 for the first time since the crash on the morning of May 10th. This strong recovery comes after Bitcoin fell as low as $8,100 due to a sell-off prior to the block reward halving, seen in the middle of the chart...

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The Same Signal That Preceded Bitcoin’s 2,000% Rally in 2017 Finally Returns

It’s been an explosive past few weeks for Bitcoin. The cryptocurrency, after bottoming at $3,700 in the middle of March, has rallied over 170%. BTC, in fact recently crossed back above the ever-important $10,000 level.

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The Odds Bitcoin Sees an Exponential Spike Are “Rapidly Increasing”: Here’s Why

There is no doubt Bitcoin has been adversely affected by the outbreak of COVID-19. Crypto assets, like many other mainstream asset classes, experienced a large downturn in the middle of March. It was a move in global markets based on fears that the coronavirus lockdowns could cause a widespread economic contraction, maybe even a full-blown...

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After Stellar 100% Rally, Bitcoin Is Finally Printing a “Sign of Exhaustion”

From the $3,700 lows established in the middle of March, Bitcoin has mounted an extremely steep comeback over the past five to six weeks. In fact, the leading cryptocurrency is currently trading over 100% off the lows, effectively recovering all of the crash’s damage.

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Bitcoin Likely on Verge of a Full-Blown Bull Run: On-Chain Analytics

Since the $3,700 bottom seen in the middle of March, Bitcoin has rocketed higher, rallying as high as $7,470 in an impressive fashion. While impressive, the cryptocurrency is not yet in a full-blown bull run, with there existing a confluence of resistance overhead the BTC price, analysts are gaining confidence a bull run is near.

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Bitcoin Scammers Collect BTC Donations Sent to COVID-19 Victims. Read Warning from Action Fraud

Scammers don't lose an opportunity to prey on new victims in the middle of the 'black swan' COVID-19 pandemic

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Despite Bitcoin Price Dips, Crypto Is a Safe Haven in the Middle East

Bitcoin fell 40 percent this week from coronavirus shocks, but it's still seen as a safe haven in the Middle East.

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