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Why Jack Dorsey And Elon Musk Bonding Over Bitcoin Is A Huge Deal For The Crypto Market
It may have seemed that the Bitcoin community would have one less problem to deal with, should Elon Musk steer clear of the community, but that is not the case today. Instead, all hands are on deck to try to educate the Billionaire on the current energy consumption state of Bitcoin. Jack Dorsey wants to […] дальше »
2021-6-25 17:09
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Every Adult Citizen In El Salvador To Receive $30 Worth of Bitcoin From The Government
El Salvador is planning to airdrop $30 in bitcoin to its citizens, the country’s president, Nayib Bukele, announced during a national address on Thursday. El Salvador To Airdrop BTC During his address, Bukele unveiled a bitcoin e-wallet dubbed Chivo — a slang word that means cool in Spanish — that will be preloaded with free […] дальше »
2021-6-25 16:52
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“BTC Will Hit Ground Zero” Peter Schiff Blasts As Bitcoin Tanks
Popular crypto-critic, Peter Schiff, has talked tough against Bitcoin following its nascent decline below the $30,000 belt. In what looked like a Twitter thread of vituperations mocking Bitcoin’s woes, Schiff rolled out a chronicle of comparative analysis between Bitcoin’s performance as an investment choice and that of his beloved gold. That gold has drifted only […] дальше »
2021-6-25 16:45
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TA: Bitcoin Breaks $35K, Why BTC Bulls Aim A Larger Rally
Bitcoin price regained strength for a fresh increase and it broke $35,000 against the US Dollar. BTC is likely to accelerate higher towards $36,500 or even $37,000. Bitcoin started a fresh increase above the $34,000 and $35,000 resistance levels. дальше »
2021-6-25 06:08
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$3.6 Billion: These South African Brothers May Have Just Pulled Off One Of The Biggest-Ever Bitcoin Heists
Ameer and Raees Cajee, co-founders of South African crypto investment platform Africrypt have reportedly disappeared with about 69,000 BTC valued at $3.6 billion amid the April rally. Notably, the siblings first raised suspicion earlier this year when they claimed that their firm had been the victim of a hack in April. The suspicions deepened when […] дальше »
2021-6-25 23:24
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Bitcoin Bulls Bring Out Hammer Of Thor Reversal, But Support Must Hold
Bitcoin price is back now at the mid $30,000 range after a quick plunge below $30,000 support this week. The short lived dip below support finally resulted in a worthwhile bounce, leaving behind a reversal signal that in the past has had god-like results. дальше »
2021-6-24 21:13
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Canada Could Become The Next “El Salvador” For Bitcoin, But How Soon?
Canada, the third most populous nation in the North American continent, is on course to becoming home to the biggest cryptocurrency firms. Canada’s regulatory atmosphere has been more favorable to cryptocurrencies than their North American counterpart: the United States of America. дальше »
2021-6-25 20:18
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Grayscale Share Sales Will Likely Become A Fresh Source Of Selling Pressure On Bitcoin: JPMorgan
A possible sale of shares in the Grayscale Bitcoin Trust expected between June and July is likely to cause more selling pressure on Bitcoin price. The sale will happen after the expiry of the 6-month lockup period required before investors can sell shares in a secondary market. дальше »
2021-6-25 18:04
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Is The Tether Bitcoin Price Manipulation At Play Again?
The bear market has triggered analysts’ to formulate many conspiracy theories, one of them revisits the debate about Tether pumping the price of Bitcoin and manipulating the market using the USDT. дальше »
2021-6-25 17:46
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Bitcoin Market Inevitably Bearish Again As Whales Dump BTC En Masse
If there’s one crystal clear index to test Bitcoin’s current market drive, it is the activities of whales on the exchange market. And that’s what seasoned on-chain analyst, Ki-Young Ju, looked to before sealing Bitcoin’s faith on the bear arm of trade. дальше »
2021-6-25 17:16
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TA: Bitcoin Tops Near $35K, What Could Trigger Fresh Decline To $30K
Bitcoin price recovered above $33,000, but it failed to climb above $35,000 against the US Dollar. BTC is retreating from the 100 hourly SMA and it could extend its losses. Bitcoin started a decent recovery and it climbed above the $34,000 level. дальше »
2021-6-24 06:08
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Swimming Against The Tide: Will MicroStrategy Climactically Dump 105,000 Bitcoin On The Market?
If you thought MicroStrategy’s latest acquisition of an additional 13,000 BTC is all the gas needed to pump Bitcoin up for its much-anticipated bull run, then think again. At least, that’s what top die-hard crypto-critic Peter Schiff wants you to do. дальше »
2021-6-23 13:07
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Why China’s Move Against Bitcoin Is Turning Out To Be The Best Thing Ever For The Crypto Market
Bitcoin’s price suffered another tumble this week following the latest developments in China on the cryptocurrency front. The Chinese government had warned of its intention to crack down on mining in the country and it’s since been reported that more than 90 percent of the PRC’s mining capacity has been shut down as lots of […] дальше »
2021-6-23 12:54
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Is The S2F Model Now Invalidated? Majority Of Bitcoiners Believe Bitcoin Will Stay Below $100K In 2021
Given bitcoin and altcoins are experiencing one of the most violent crashes in recent memory, investors are not so bullish on the OG cryptocurrency. That’s according to the results of a Twitter survey conducted by PlanB, the pseudonymous creator of the famous stock-to-flow (S2F) model. дальше »
2021-6-23 10:56
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Canada’s Largest Green Bitcoin Mining Firm Expands Public Trading With Nasqad Listing
One of the largest Canadian renewable energy-focused cryptocurrency mining firms BitFarms has been listed on the New York-based American stock exchange Market NASDAQ. Cryptocurrency mining firms earn transaction fees in the native token of the specific network such as bitcoin, Ethereum, and Litecoin, for securing and processing transactions on the networks. The firm started as […] дальше »
2021-6-23 20:53
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El Salvador’s Opposition Party Files Lawsuit Against Bitcoin Legal Tender Legislation
An opposition party in El Salvador and some public members have filed a complaint against the government’s bitcoin legal tender law, which they view as unconstitutional. El Salvador’s Bitcoin Law Faces Pushback From Opposition Just days after the World Bank declined El Salvador’s request to provide technical assistance in the implementation of the bitcoin law, […] дальше »
2021-6-23 20:27
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Corporate Bitcoin Holdings Are Thriving At An Alarming Rate
MicroStrategy and Tesla may have hit headlines more than any other firm in the recent past as far as Bitcoin and crypto news is concerned. But they are only a very small percentage of the many corporations and hedge funds already invested or planning to invest in Bitcoin, going by the recent surveys. Recent surveys […] дальше »
2021-6-23 20:16
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Bitcoin Price Breaks Below $30,000 Support, Erasing 2021 Rally
Bitcoin price is now below $30,000 for the first time since making the 2021 rally now a memory. The leading cryptocurrency by market cap first opened the year at around $28,800 – a price just touched during today’s crypto market bloodbath. дальше »
2021-6-23 16:52
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MicroStrategy’s Saylor Close To Being At A Net Loss With His Bitcoin Investments, ‘CryptoWhale’ Asserts
There has been speculation by Crypto analyst ‘CryptoWhale’, that the CEO of MicroStrategy, Micheal Saylor, is close to incurring a net loss from the company’s investment in Bitcoin, as the cryptocurrency has been highly volatile in recent times. дальше »
2021-6-22 15:55
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TA: Bitcoin Eyes Recovery, Here’s Why BTC Could Struggle Near $35K
Bitcoin price extended its decline and tested the $31,500 zone against the US Dollar. BTC is now recovering losses, but it is likely to face sellers near $34,000 and $35,000. Bitcoin remained in a bearish zone and it even broke the $32,000 support zone. дальше »
2021-6-22 06:08
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Bitcoin Has Officially Entered Bear Market Territory: CryptoQuant CEO
It’s no secret that we’re in the middle of an extremely turbulent and volatile period for the crypto markets. Major nations like China are imposing harsher restrictions on cryptocurrency trading and mining while eccentric billionaires lambast bitcoin for its carbon footprint. дальше »
2021-6-22 01:08
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Falling Lumber Prices, Inflation, And The Impact On Bitcoin As Digital Gold
Since Black Thursday 2020, few asset classes have run as wild on a total ROI basis than Bitcoin and cryptocurrencies, as well as commodities like lumber. The rise of the assets with limited supplies is associated with post-pandemic inflation as well as an ongoing supply crunch due to shutdowns. дальше »
2021-6-22 01:00
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Factors Stack In Favor Of Bullish Bitcoin Fractal, Despite Latest Plunge
Bitcoin price action is back in the low $30,000 range, after another failed attempt to reach $40,000 over the Father’s Day weekend. The effort from bulls is getting weaker and weaker, even now resulting in a “death cross” on daily timeframes. дальше »
2021-6-22 01:00
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Exiting Crypto Mining Business In China Is Good For Bitcoin Hashrate Redistribution
Bitcoin has dropped 6. 55% in the last 24 hours to trade at $33,068 and bringing the weekly low to 17. 66% in an event directly related to the massive crackdown of bitcoin mining farms and trading in China. дальше »
2021-6-22 22:56
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Jim Cramer Fears China May Kill Bitcoin, Dumps Almost All Of His BTC Holdings
CNBC’s James Cramer, also known as Jim Cramer, has fessed up to selling nearly all of his Bitcoin amid fears of China possibly killing the world’s largest cryptocurrency following the nation having intensified its attack. дальше »
2021-6-22 22:30
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As ‘Death Cross’ Comes For Bitcoin, Crypto Market Pundit Reveals What To Expect In The Coming Months
The pullback from Chinese regulators to Bitcoin miners in the country has greatly affected the market. Bitcoin and other altcoins have so far recorded as much as 50% in losses and the market is anticipating a further price dip in the months ahead. дальше »
2021-6-22 21:46
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MicroStrategy Takes Up A Buying Opportunity In The Weekend Dip; Buys $489 Million Worth Of Bitcoin
Virginia-based MicroStrategy – probably one of the most advertised companies in the news of late, now holds a total of 105,085 bitcoins following a recent purchase of $489 million worth of Bitcoin. The company has now spent an aggregate of $2. дальше »
2021-6-22 18:32
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Bitcoin Slips To $32K As China’s Central Bank Orders Banks To Block Cryptocurrency Transactions
People’s Bank of China (PBoC), the country’s central bank, has today directed local banks and payment institutions to stop providing cryptocurrency-related services such as account opening, trading, clearing, and settlement. дальше »
2021-6-22 16:57
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World Bank’s Founding Document Makes It Mandatory To Support El Salvador On Implementing Bitcoin
The World Bank recently rejected a request from El Salvador for assistance with its adoption of Bitcoin as legal tender. Despite this, President Nayib Bukele’s dogged pursuit to make Bitcoin a legal tender in El Salvador may soon become a reality as the World Bank’s founding document stipulates that the Bank must accept payments in […] дальше »
2021-6-22 15:55
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Bitcoin Proponents Clamoring For Satoshi Nakamoto To Be Awarded The Nobel Prize In Economics
The pseudonymous founder of Bitcoin, Satoshi Nakamoto remains a vital name in the cryptocurrency market. Having been the first person to employ Blockchains for the creation of digital currencies, Nakamoto is highly responsible for what we know the cryptocurrency market to be today. дальше »
2021-6-22 15:45
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Can Bitcoin Still Pride Itself On Anonymity?
Bitcoin’s arrival to the financial scene was a rough one. Upon its numerous qualities, it was still called lots of negative names, including a scam, a bubble, and a ‘thing associated with crime’ as many argued it didn’t have any base value. дальше »
2021-6-22 14:45
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Here’s Why Cardano Creator Charles Hoskinson Says Bitcoin Is Its Own Worst Enemy
One of the most powerful men in the cryptocurrency industry thinks that the world’s largest cryptocurrency is its own worst enemy. Bitcoin has been the king of crypto for a very long time. Although the cryptocurrency has remained the top choice for most retail and institutional investors in recent years, the past couple of months […] дальше »
2021-6-21 22:47
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Bitcoin Is Going Greener But Crypto CEOs Aren’t Done Roasting Elon Musk
Even though it’s been weeks after billionaire Elon musk made several bearish statements about Bitcoin, many Bitcoin proponents have continued to slam the CEO over his stances, with many of them opining that although Musk may be very well versed in engineering, he may not be as educated on Cryptocurrencies like Bitcoin, hence their collective […] дальше »
2021-6-21 22:00
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Bitcoin Market Hits Neutral State: Bull And Bear Fight Brewing At The Same Time
New data from CryptoQuant has shown that the Bitcoin market might have hit a neutral position. There has been a recurring pattern of whale and retail selling taking place for the past months. The result of this is what the CEO of CryptoQuant, Ki-Young Ju interprets to be a sideways market movement. Multiple data reveals […] дальше »
2021-6-20 11:44
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Is $24,000 Bitcoin’s Next Stop? Robert Kiyosaki Warns Of Impending “Biggest Crash In World History”
On Friday, the price of bitcoin suffered a huge bout of downward pressure following statements from the United States Federal Reserve about the possibility of hiking interest rates very soon. BTC reacted negatively to the news while the US dollar spiked as investors lowered their inflation expectations in the next few months. Bitcoin is trading […] дальше »
2021-6-20 01:22
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“The Next Crash Will Be Brutal!” Top Crypto Critic Peter Schiff Asserts After His Son Went All-In On Bitcoin
On Thursday, renowned cryptocurrency arch-critic, Peter Schiff, took to Twitter to lament Bitcoin’s growing influence on his family. Struck by the decision of his 18-year-old son, Spencer Schiff, who took an 8% interest loan off Coinbase to fetch some bitcoin into his asset satchel, Peter tweeted a hot swipe at HODlers by labeling his son’s […] дальше »
2021-6-20 20:21
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The Missing Ingredient From A Full On Bitcoin Reversal
Bitcoin price is back around $35,000 and has failed to retake $40,000 despite several low timeframe reversal signals building. When looking back at past breakdowns following significant rallies, there could be a missing ingredient needed for a full on reversal, and it could have to do with the Bollinger Bands. All About The Bollinger Bands […] дальше »
2021-6-19 01:00
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Bitcoin Top And Bottom Metric Reaches Historically Oversold Level
Bitcoin price is still stuck in the mid-$30,000 range for weeks now, unable to break any lower or make an attempt to reclaim highs. After such a drastic 50% move down, the market is shaken and waiting for confirmation of direction before volume returns. дальше »
2021-6-19 01:00
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“All The Way To $160K This Year” – Here’s Why Celsius CEO Is Upgrading His Bitcoin Price Target
CEO of Celsius Network, a leading crypto lending, and interest-yielding blockchain platform Alex Mashinsky has predicted that the price of Bitcoin looks on track to hit $160,000 by the end of 2021. Mashinsky supports his prognosis with recent events happening in the crypto community that saw El Salvador adopt Bitcoin as legal tender. He feels […] дальше »
2021-6-19 00:08
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Goldman Sachs Becomes First Major U.S. Bank To Begin Trading Bitcoin – Who’s Next?
Despite bitcoin’s apparent lull after plunging over 30% from its historic high in May, institutional interest in bitcoin is still rising. United States investment bank Goldman Sachs has launched a bitcoin (BTC) futures trading product for its clients in partnership with Mike Novogratz’s crypto merchant bank, Galaxy Digital. дальше »
2021-6-19 21:55
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How Coca-Cola Losing $4 Billion Because Of Cristiano Ronaldo Vindicates The Cryptocurrency Market
The cryptocurrency market might have just been vindicated, thanks to the recent market reaction from Coca-Cola investors, which is suspected to have been fueled by Cristiano Ronaldo’s on-screen dismissal of the popular soft drink. дальше »
2021-6-19 21:15
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Bitcoin’s High Volatility Becomes A Surprising Magnet For Investors: Are Price Fluctuations The New Bull Rally?
Bitcoin as a very volatile cryptocurrency has been a cause of worry for so many Bitcoin proponents and onlookers. Despite being the cryptocurrency with the largest market capitalization, and with more adoption rate than any other cryptocurrency at this time, Bitcoin still gives investors and traders reoccurring market scares, as prices continue to fluctuate by […] дальше »
2021-6-19 18:57
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Chinese Authorities Order Shutdown Of 26 Bitcoin Mining Farms In Sichuan
Authorities in China have ordered the closure of crypto mining farms in Ya’an, a prefecture city in Sichuan that has emerged as a key crypto mining center. The order comes on the heels of Beijing’s wider clamp down on the bitcoin mining industry. дальше »
2021-6-18 16:55
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Bitcoin Has 17 Months Left To Hit $250,000, Billionaire Tim Draper Tells Why
Sexagenarian Billionaire, Tim Draper, is doubling down on predictions that Bitcoin is on course to smash the quarter-a-million mark by the end of 2022. The strong Bitcoin proponent who rose to the ranks of a three comma senior citizen, courtesy of fruitful early investments in SpaceX, Twitter, Tesla, and Bitcoin is rooting for the apex […] дальше »
2021-6-18 14:55
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This Bitcoin HODLer Metric Has Just Flipped Green For The First Time In 8 Months – Here’s What This Means
The long wait is over, or so it appears as Bitcoin holders prepare to set foot into a green zone after seven months of red hot drought. The earliest signs of a bullish rebound for Bitcoin were sighted on Glassnode’s on-chain metrics this week. дальше »
2021-6-18 14:03
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TA: Bitcoin Trims Gains, What Could Trigger Fresh Drop To $35K
Bitcoin price started a fresh decline after it failed to stay above $40,000 against the US Dollar. BTC is moving lower and it could even decline towards $35,000 in the near term. Bitcoin started a fresh decline from well above the $40,000 pivot level. дальше »
2021-6-18 06:08
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Could The Golden Ratio Provide Clues To The Bitcoin Bottom?
Bitcoin and other assets often develop support and resistance around Fibonacci levels, either through extensions or retracement. The ratios are based on the Fibonacci sequence, which has ties to the Golden Ratio. дальше »
2021-6-18 01:00
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Ric Edelman: Bitcoin the Most Impactful Innovation Since the Internet, But There’s A Problem
Founder of Edelman Financial Engines Ric Edelman says that many financial professionals do not understand Bitcoin and other cryptocurrencies. This is despite them being educated, in business for a long time, and having more experience in finance, he said. дальше »
2021-6-18 23:22
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The Bitcoinist Macro Report: Dollar Disrupts, Gold Melts Down, & Sideways Bitcoin
This week’s Fed meeting has been viewed hawkishly by the broader market, and asset prices reacted negatively to the plan to begin to raise interest rates come 2023. Bitcoin fell slightly putting a recovery in crypto on hold, while major stock market indices tumbled on the news. дальше »
2021-6-18 23:00
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Pundit Lampoons Bitcoiners For ‘Worshipping’ Elon Musk, Michael Saylor, and El Salvador President, Nayib Bukele
Popular Bitcoin developer, Johnathan Corgan, took to Twitter to express sordid displeasure over what he terms “the emergence of celebrity worship” in the Bitcoin sphere. Citing Elon Musk, Michael Saylor, and El-Salvador’s president Nayib Bukele, as the recently crowned demi-gods of the bitcoin blockchain, Corgan was quick to point out a growing trend of excessive […] дальше »
2021-6-17 21:23
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