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Bitcoin (BTC)

Bitcoin Well Seeks to Bring Crypto and Real Estate Together

Technology company Bitcoin Well has joined hands with the Greater Property Group (GPG) in Canada to assist customers in using BTC and other assorted cryptocurrencies to purchase both commercial and residential real estate. Bitcoin Well and Greater Property Group Work Together The worlds of crypto and real estate are coming closer and closer together. Not long ago, Harbor Custom Development in Gig Harbor, Washington announced that it would allow customers to pay for real...

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Bitcoin Price Analysis: This is the Level to Watch If BTC Breaks Below $35K

The past hours saw a massive sell-off, causing an unexpected and enormous plunge to sub-$40K in the price of Bitcoin. The onchain data is showing an absolute capitulation phase in the market, which was intensified by long-term holders just before the crashing to $35K. Long Term Analysis: The Daily Chart Yesterday, Bitcoin lost a critical support range at $37K – $40K. As shown in the chart below, before the price decline beneath $40K, both 50-DMA and 100-DMA lines have crossed...

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Sotheby’s Hosting Diamond Auction; Crypto Bidders Welcome

Sotheby’s is hosting an auction that will feature a 555.55-carat black diamond. What’s the big clincher? Crypto enthusiasts are welcome to the table and can bid on the item with digital currency. Sotheby’s Says “Yes” to Crypto Bids Known as the “Enigma,” the diamond is listed in the Guinness Book of World Records as the largest cut diamond in the world. It will also be part of a special sale that is allowing crypto bidding. Among the currencies that Sotheby’s is willing...

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Bitcoin’s RSI is Now at the Most Oversold Level Since the March 2020 COVID Crash

The cryptocurrency market lost over $400 billion worth of its capitalization in the past few days alone. The total market cap currently sits below $1.7 trillion. This came as most of the coins are down tremendously in the past week. Ethereum is down 27.7%, BNB is down 27.8%, ADA is down 17.6, SOL is down 36.2%, and so forth. Bitcoin’s price is currently sitting around $35K and has lost almost 20% in the same time frame. From a technical perspective, it’s important to note...

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$1 Billion Just Sent From Tether Treasury to Binance: Here is Why

Amid the current market crash, $1 billion worth of USDT was transferred from Tether’s treasury to Binance. The past couple of days were particularly devastating in both the cryptocurrency and the legacy markets. During Saturday’s trading session, Bitcoin’s price crashed to a low of around $34,000 on Binance, and it’s currently trading at around $35K, struggling to hold above that level. Now, Whale Alert detected that $1 billion worth of USDT was transferred from the Tether...

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Grayscale Bitcoin Trust (GBTC) Premium Plummets 30% to All-time Low Amid Market Sell-off

As the crypto market continues to bleed over the past days, the Grayscale Bitcoin Trust (GBTC) shares have widened their discount in relation to the underlying crypto held in the fund. GBTC Premium at New Lows According to recent data from Coinglass, the trust’s negative premium hit a new all-time low (ATL) as bitcoin struggles around the $35,000 mark. The GBTC has been trading on a steady decline since February last year, with the premium now sitting at 30%. The Grayscale...

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Mercado Libre Made a Strategic Investment in Paxos and Mercado Bitcoin

The largest e-commerce firm in Latin America – Mercado Libre – acquired shares in the 2TM Group (a parent company of the cryptocurrency platform Mercado Bitcoin). Separately, it made a “strategic investment” in another digital asset-oriented organization Paxos. Jumping into Crypto Once Again The leading Argentinean e-commerce platform Mercado Libre, which has displayed a pro-crypto stance during the last several months, continues to support the industry. The company recently...

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Bitcoin and Ether Price Crash: BTC Below $36K, ETH Below $2,500

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PTLCs : Pour des transactions Lightning plus confidentielles

« Si le Lightning Network est si utile aujourd’hui, c’est en bonne partie grâce à la possibilité d’y router des paiements : si Alice souhaite payer Bob, il n’est pas indispensable qu’elle ait un canal direct avec lui. A la place, elle peut avoir un canal avec Carole et, si Carole a un canal avec Bob, passer par ce dernier pour atteindre Bob. Avec ce fonctionnement se pose une nouvelle question :...

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Market Watch: Cryptocurrencies See Double-Digit Drops After Wall Street’s Friday Bloodbath

The bears continue to have complete control over the cryptocurrency market with numerous double-digit price losses from almost all assets. This comes just hours after the US stock market dumped in value again. Bitcoin Dumps $8K in Two Days It’s safe to say that the primary cryptocurrency has seen better days. In fact, they weren’t all that long ago as the asset jumped to $43,500 on Thursday following a $1,500 price hike. However, the situation changed vigorously hours later....

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