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Nalezeno "Bitcoin News": 6689

Bitcoin Leads Weekend Crypto Rally, Jumps Above USD 9,000


Source: iStock/da-kuk A steady growth over the weekend, pushed bitcoin price above the USD 9,000 level, while majority of other largest coins by market capitalization are registering smaller gains. Bitcoin crossed USD 9,000 on Sunday morning and is now (4:55 UTC) trading at around USD 9,010....

Bitcoin Gains Momentum While Altcoins Correct Lower


In the past three days, there was a steady rise in bitcoin price above the USD 8,000 and USD 8,100 resistance levels. BTC/USD gained bullish momentum above USD 8,100 and recently broke the USD 8,220 resistance level. It tested the USD 8,300 level and remains in strong uptrend. Conversely, there...

Bakkt to Start Testing its Bitcoin Futures on July 22


Source: iStock/magical_light Much-anticipated and oft-delayed crypto trading platform Bakkt aims to initiate user acceptance testing for its bitcoin futures on July 22, the company announced today. "This launch will usher in a new standard for accessing crypto markets. Compared to other markets...

Jack Dorsey's Crypto Team Just Got its First Member


Jack Dorsey. Source: a video screenshot, Youtube/Ted Payments company Square, co-founded and led by Twitter CEO Jack Dorsey, just hired the first member of its cryptocurrency-focused division, Square Crypto. Steve Lee. Steve Lee, an angel investor, startup advisor, and former product director...

Bitcoin and Altcoins Gaining Pace


In the past few sessions, there was a slow and steady rise in bitcoin price above the USD 7,700 and USD 7,800 levels. BTC/USD touched the USD 8,000 level on a couple of occasions, but it failed to gain momentum. At the moment, the price is trading in a range below USD 8,000 and it seems like there...

Bitcoin and Altcoins Showing Signs of Rebound


In the past few days, we saw a strong decline in bitcoin and altcoins. BTC/USD settled below the key USD 8,000 support area and accelerated towards the USD 7,500 support area. The bulls managed to protect additional losses below USD 7,500. As a result, the market started a rebound and climbed above...

Bitcoin and Altcoins Extended Losses


This past week, there were mostly bearish moves in bitcoin and altcoins. BTC/USD failed to hold the key USD 8,200 and USD 8,000 support levels. Bears gained control below USD 8,000 and pushed the price towards the USD 7,500 support area. The price is currently (08:20 UTC) consolidating losses...

Bitcoin and Altcoins Staging a Comeback


Recently, there was a decent recovery in bitcoin price above USD 7,700 and USD 7,800 levels. BTC/USD is currently showing a few positive signs above USD 7,850 and it could continue to rise in the near term. A successful close above USD 8,000 is likely to ignite more gains towards USD 8,100 and...

Bitcoin Miners 'Highly' Profitable Again, China Still Dominates


At current prices, the average miner is highly profitable again, with even older gear and high-cost producers currently able to make profit, crypto investment firm CoinShares concluded in its newest report on Bitcoin mining. It also claims that China still dominates both the mining hardware...

European Football Giant SL Benfica Said Yes to Crypto (Almost)


More good news came out of the merger of sport and crypto. One of the biggest names in European football, SL Benfica, started accepting crypto as payment “to buy match tickets and the entire range of Benfica products” in a “cheaper, safer and faster [way] than any other online payment method”,...

Bitcoin and Altcoins Correcting Losses but Facing Uphill Task


After a steady decline, bitcoin price found support near the USD 7,500 level. BTC/USD started an upside correction and recovered above the USD 7,650 and USD 7,700. The price is currently (08:00 UTC) consolidating and facing a lot of hurdles on the upside near USD 7,900 and USD 8,000. Similarly...

Analysts Advise Against Buying Bitcoin at Current Dip


Source: iStock/Valeriy_G You might want to think twice before you decide to buy bitcoin now before it jumps back up again, according to multiple analysts and traders. There are quite a few theories and suggestions going around in the cryptoworld in regards to what your next bitcoin move might...

Bitcoin and Altcoins at Risk of Further Declines


This week, we saw bearish moves in bitcoin and altcoins. BTC/USD failed to stay above the key USD 8,250 support area and recently declined below key supports. The price even cleared the USD 8,000 support area to move into a bearish zone. It is currently (10:20 UTC) correcting higher, but the recent...

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