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‘I think BTC is ready' — 5 things to watch in Bitcoin this week
13.12.2021
Evidence is mounting to support a BTC price breakout, but so far, resistance remains in control at $50,000
Bitcoin and Ethereum Consolidate Losses, DOT, LUNA, and AVAX Gain Momentum
13.12.2021
Bitcoin price attempted a recovery wave above USD 50,800 zone but failed to continue. It is currently (04:27 UTC) trading near USD 48,800, with a key support at USD 48,500.
Similarly, most major altcoins are struggling to recover. ETH could extend losses if there is a close below USD 3,880. XRP...
2 key Bitcoin trading metrics suggest BTC price has bottomed
12.12.2021
Bitcoin price has yet to reclaim the $50,000 level, but the actions of options market makers and margin traders at Bitfinex suggest the most recent correction is over
Bitcoin Hashrate Hits an All-Time High Suggesting Thousands of Next-Gen Machines Have Joined the Race
12.12.2021
While bitcoin prices have consolidated around the $50K zone, the network’s hashrate has reached an all-time high (ATH) on December 8, 2021, tapping 194.95 exahash per second. Bitcoin miners have increased their processing power a great deal despite the fact that mining bitcoin is 8.33%...
‘There’s More Work to Do’ — 11 Years Ago, Satoshi Nakamoto Sent a Final Message to the Bitcoin Community
12.12.2021
To this day, Satoshi Nakamoto is one of Bitcoin’s biggest mysteries as people have searched far and wide to uncover the creator’s identity. 11 years ago, on December 12, 2010, the pseudonymous blockchain programmer (or programmers) left a final message to the crypto community...
Prime Minister Modi’s Twitter Account Hacked — Tweets Bitcoin Legal Tender in India, Government Giving Away BTC
12.12.2021
The Twitter account of Indian Prime Minister Narendra Modi was compromised and a tweet was posted claiming that the government of India has adopted bitcoin as legal tender and purchased 500 coins to distribute to all residents in the country. This hack came at a critical time in India as...
Indian prime minister Modi's hacked Twitter account attempts BTC scam
12.12.2021
Soon after Modi's Twitter account with over 73.4 million followers got hacked, attackers shared misleading information about the mainstream adoption of Bitcoin and a 500 BTC giveaway
Florida Governor Ron DeSantis Proposes Creating a Cryptocurrency Payment System for State Fees
11.12.2021
The American politician and attorney serving as the 46th governor of Florida, Ron DeSantis, announced the state’s 2022-23 budget proposal last week and proposed an idea to let businesses pay state fees with crypto assets. The governor’s “Freedom First Budget” suggests...
Chainalysis to Offer Lightning Network Monitoring Service to VASPs in 2022
11.12.2021
On December 10, the blockchain intelligence firm Chainalysis revealed that the company has added support for Bitcoin’s second-layer protocol the Lightning Network (LN). According to Chainalysis, firms like exchanges and virtual asset service providers (VASPs) can leverage...
Trader who called 2017 Bitcoin price crash raises concerns over 'double top'
10.12.2021
The bearish setup sees Bitcoin price crashing to as low as $25,000
Bitcoin jumps past $50K as US CPI data shows highest inflation in nearly 40 years
10.12.2021
CPI data is in line with forecasts but still shows a huge spike, while the long-term consequences for Bitcoin are far from universally positive
Bitcoin hovers near $48K ahead of fresh key US inflation data
10.12.2021
Inflation marks just the start of some key macro decisions which could keep Bitcoin down for months, warnings say
Bitcoin and Ethereum Hold Support, Altcoins Consolidate
10.12.2021
Bitcoin price started a fresh decline below the USD 48,500 support. BTC even traded below USD 48,000, but it remained stable above USD 47,500. It is currently (12:18 PM UTC) recovering, but there are many hurdles near USD 49,500 and USD 50,000.
Similarly, most major altcoins are trying...
Microstrategy Buys More Bitcoin, Now Holds 122,478 BTC — CEO Says Bitcoin Is Taking Gold’s Place
10.12.2021
In less than two weeks after its previous bitcoin purchase, Microstrategy bought more bitcoins. The company has added 1,434 coins to its treasury, bringing the total holdings to 122,478 coins. At the time of writing, the company’s total bitcoin stash is worth about $6 billion. Microstrategy...
Ripple chair's pay-off plan to convince BTC miners to adopt Proof of Stake
10.12.2021
Billionaire Chris Larsen said that miners should view the move away from PoW as “a net positive for their longevity.”
Ethereum, Major Altcoins Drop Against Bitcoin
10.12.2021
Bitcoin price failed to clear the USD 50,000 resistance zone and corrected gains. BTC traded below the USD 49,000 support level. It is currently (04:26 UTC) showing bearish signs near USD 48,500 and is down over 2% in a day....
Read More: Ethereum, Major Altcoins Drop Against Bitcoin
Analysts say Bitcoin’s behavior at $47.5K mirrors the pre-breakout 2017 market
9.12.2021
Bitcoin price succumbed to another wave of selling, but analysts say the current market structure at $47,500 mirrors the early bull-market from 2017
Crypto Biz: Smart money ignores BTC price correction as $800M set to flow into blockchain startups, Dec. 9
9.12.2021
Crypto- and blockchain-focused capital raises continue to make headlines as venture funds look to support the emergence of Web 3.0
Bitcoin could hit $100K, gold $2K in 2022 thanks to 'deflationary forces' — Bloomberg analyst
9.12.2021
An about turn and fresh turmoil for macro would play to Bitcoin's strengths, argues Mike McGlone
Bitcoin and Ethereum Struggle Near Resistance Zone, XRP Rallies
9.12.2021
Bitcoin price attempted an upside break above the USD 50,000 resistance but failed. BTC is currently (11:57 UTC) trading near USD 49,200. If the bulls lose control, there is a risk of a sharp decline towards the USD 47,500 support....
Read More: Bitcoin and Ethereum Struggle Near Resistance...