On August 11, BTC/USD slumped to $39,223 low as it may bounce from $40,000. Following the recent breakdown of the $40,000 psychological price level, the bears were bent on pushing Bitcoin to the low of $37,000. According to a recent study, growth in crypto adoption in Nigeria has been accelerated by limited access to affordable […]
The daily chart reveals that BTC/USD could not break above the previous resistance level of $40,500. Today’s trading marks another day that the Bitcoin price fails to stay below the 9-day and 21-day moving averages as it looks to set up another few days of negative price declines beneath $40,000. More so, should the technical […]
However, lawyer Kevin Thompson countered the benefits, saying the deal will make it more difficult for the proper regulation of cryptocurrency. However, the Lightning Network seems to be a massive upgrade to the speed of transactions because it can process thousands of transactions per second. The company was sued earlier this month for its participation […]
But despite the ongoing debate on its feasibility as a type of currency, many businesses and industries are already accepting it. Bitcoin casinos have been around since 2012, and have so far infiltrated the gambling world. Not every Bitcoin casino out there is worth your time and effort. As much as all gamblers desire to […]
At the time of writing, the path of least resistance is still downwards, and the daily chart shows that the formation of a bearish may come into focus. At the time of writing, the bulls are struggling in keeping the Bitcoin price above the 9-day and 21-day moving averages but the price is currently dropping […]
The difficulty is in line with the computational power needed to mine BTC blocks. On March 4, there was a slight reduction in the BTC network difficulty, causing a decline from 27.96 trillion to 27.55 trillion. It is expected that the remaining 2 million BTC will be mined by the year 2140, due to factors […]
Since March 28, BTC/USD has failed to break the $48,000 resistance level as Bitcoin risks decline to $42K. Following the rejection at the $48,000 resistance level, BTC price is now in a range-bound move as price fluctuates between $45,400 and $48,000 price levels. On the upside, a break above $47,200 will catapult Bitcoin to retest […]
At the time of writing, BTC/USD is changing hands at $46,158 after adjusting from the resistance level of $47,219 which is an intraday high. The Bitcoin price from a technical angle reveals that the market price may follow the downtrend or continue to move sideways because the bullish movement is not visible now. Any bearish […]
One of the users of the crypto exchange back in the day stated that he smelt something fishy about the whole situation at the time and decided to take his money from the exchange. Founder and Chief Executive Officer of Coin Card, Mike Olthoff, stated that he played a minor role in the documentary, while many of […]
Kwon admitted that a crash in the price of BTC could harm the stability of UST. Kwon noted that although Bitcoin may have short-term volatility, he is banking on the long-term gains of the cryptocurrency. Following the acquisition of Bitcoins, Terra has now become the third-highest single-wallet BTC holder behind Tesla with $1.5 billion, and […]
After MicroStrategy announced the increase of its Bitcoin holdings to $5 billion worth of BTC, Terra form Labs has done the same, adding $139 million worth of BTC to its Bitcoin wallet. Although not officially confirmed, the wallet address is believed to belong to Terra. The wallet started gaining large amounts of BTC on January […]
The report came from Bitcoin maximalist Mr.Hodl, who took to Twitter to announce that the Lighting Network is now live. However, it seems that no other Kraken user has noticed or reported the supposed implementation of the Bitcoin Lightning Network. However, the spokesperson noted that the node could be genuine since it’s a large node […]
Moreover, the king coin is moving towards the upper boundary of the channel as the king coin remains above the 9-day and 21-day moving averages. According to the daily chart, if the support level of $46,500 gives way to the daily chart, even $46,000 may not be held as support. However, as the king coin […]
At the time of writing, BTC/USD is seen trading at $62,864 after soaring above the 9-day MA and 21-day moving averages in the early hour of today’s trading. On the bullish side, it is important for the Bitcoin price to remains above the 9-day and 21-day moving averages, otherwise, there may come a bearish breakdown […]
If you’re considering making a move into the world of trading, you must understand both the advantages and disadvantages. As a result, traders have a lot of opportunities to earn good money with the transaction; in fact most online slots firms are also utilizing bitcoin. To trade BTC, one must acquire bitcoins at a low […]
The Bitcoin price is in an unstable position as the price slips below the 9-day and 21-day moving averages during the early Asian hours. However, looking at the declining daily volume candles, together with the steady but stable recent Bitcoin price action, traders can assume that a stronger negative move may be coming soon if […]
Bitcoin cash will have to hold this ground to guide against the further downward pressure and the closest support expects the coin at $550. On the upside, a sustained move above $600 may ease the initial downside pressure and create momentum for the bulls with the focus to move the market to the next resistance […]
There are numerous applications for Bitcoin today. Whether this is going to be the case remains to be seen. While Tesla has cooled down its enthusiasm about Bitcoin a bit, others have not. Yet, blockchain, which powers Bitcoin, is introducing more options to make it possible for people to benefit from the tech. Speaking of […]