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Bitcoin (BTC)

Change of Heart? Bank of America Has Reportedly Set Up Crypto Research Team

Just a few months after bashing bitcoin for its enhanced volatility and supposed impracticality, Bank of America has reportedly set up a new designated research team to look into digital assets. Citing an internal memo, Bloomberg reported earlier that the giant US multinational investment bank is the next in line to join the cryptocurrency bandwagon. According to the coverage, Bank of America has already established a new dedicated team to research cryptocurrencies. Although...

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SkyBridge Capital’s Bitcoin ETF: The SEC Delays the Decision to August

After the US regulator postponed its decision about VanEck’s BTC ETF attempt, the watchdog has done the same with the application filed by Anthony Scaramucci’s SkyBridge Capital. CryptoPotato reported earlier this year when the global investment company based in NYC, SkyBridge Capital, filed with the SEC to launch a Bitcoin ETF. Should the product be approved, its service provider will be America’s oldest bank – BNY Mellon. Although the watchdog had until July 11th to make...

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Programme de la conférence Surfin’Bitcoin

La conférence Surfin’Bitcoin, centrée sur la démocratisation de Bitcoin et son écosystème, aura lieu les 26 et 27 août 2021 au Casino de Biarritz. « Lors des deux jours de conférence se succéderont des présentations “keynote” et des tables rondes sur la scène principale avec les meilleurs intervenants francophones sur Bitcoin. Il y aura en parallèle des workshops pour approfondir certains sujets. Ce format est bien plus interactif car...

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Bitcoin Price Analysis: BTC Broke to the Downside, Is Another $30K Retest Incoming?

BTC lost 6% of its value today as it fell through the lower angle of a short-term symmetrical triangle pattern. As mentioned here yesterday, a huge price move was anticipated due to the decreasing amounts of trading volume, along with reaching the apex of a symmetrical triangle. Indeed, the move came, and the bearish breakout saw BTC dropping almost $3000 since yesterday’s high, around $35K. Today’s level set a fresh low for July 2021, and it is also the lowest price bitcoin...

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EOS Price Analysis: Signs of Fresh Decrease Below $3.6

EOS failed to surpass a key resistance zone near $4.20 against the US Dollar. The price is now trading below the $4.00 support and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $4.00 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue lower if it breaks the $3.60 support zone in the near term. EOS price is showing bearish signs below $3.85 against the US Dollar,...

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Litecoin (LTC) Price Analysis: Fresh Decline Possible Below $130

Litecoin price failed to continue above the $150 resistance zone against the US Dollar. LTC price is now trading below $140 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $136 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $132 and $130 support levels in the near term. Litecoin price is slowly gaining pace below $140 against the US...

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Parlons Bitcoin : « Allô, Emmanuel ? C’est Maman, j’ai plein de questions pour toi »

« Le Bitcoin va redéfinir la trajectoire de l’humanité. Pourquoi et comment ? On en discute dans cet épisode avec ma Maman. Après avoir écouté tous les épisodes précédents, plein de questions se sont accumulées. Et si tu débutes avec Bitcoin, ce sont probablement des questions que tu te poses aussi. Par exemple, qui contrôle la création totale de bitcoins ? C’est quoi la différence entre le réseau Bitcoin et la monnaie bitcoin ? Que penser des autres cryptos ? Qu’en est-il du...

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Coinbase Is Experiencing Some Solid Competition from BTC Payment Firm Strike

Coinbase is arguably one of the largest and most popular cryptocurrency exchanges in the western hemisphere. The company has become the first and only crypto exchange as of late to be listed publicly, and it is estimated that the firm has a valuation of approximately $70 billion or more. However, it looks like the company is experiencing some solid competition in the form of bitcoin payments firm Strike. Strike Is Bringing the Heat to Coinbase Over the years, Coinbase –...

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Barracuda Networks: BTC Ransomware Attacks Have Increased Tenfold

The bitcoin spikes that have occurred over the past year have led to serious jumps in ransomware attacks according to new data from Barracuda Networks, a company that provides cybersecurity products and services. Barracuda Networks Sheds Light on BTC Ransomware Between October of last year and May of 2021, the price of bitcoin rose by nearly 400 percent. That is the good news. Obviously, there are many crypto traders that raked in some heavy profits, and several...

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Sam Bankman-Fried: Most Mainstream Assets and Crypto Are Related

Bitcoin, Ethereum, Dogecoin, Tesla, and Facebook… Over the past several months, many analysts have talked about how all these entities are potentially related and how they correlate with each other. It is widely believed that altcoins like ETH follow bitcoin’s patterns, while it is alleged that bitcoin and stocks will mimic each other’s behavior. Either way, per Sam Bankman-Fried – the CEO and founder of popular cryptocurrency exchange FTX – believes that all these...

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