Bitcoin (BTC)

Bitcoin has not been doing too well as of late. The currency hit a serious snag in May when after a series of negative events – including tweets from Elon Musk –the world’s number one digital asset sank by more than 40 percent, causing it to slip from its recent all-time high of approximately $64,000 per unit to the mid-$30,000 range. According to analysts at financial giant JPMorgan, bitcoin’s market share needs to jump beyond the 50 percent mark if the bearish trends...

The financial specialist and professor at the New York University – Aswath Damodaran – criticized bitcoin in a recent speech. In his opinion, the primary digital asset “failed miserably” and did not prove itself as a good currency. Gold and BTC Are Not The Same The prominent Indian professor – Aswath Damodaran – shared his point of view on bitcoin in the most recent episode of Moneycontrol Masterclass. He asserted that the largest cryptocurrency has failed to classify as a...

Mercado Bitcoin – which means “Bitcoin Market” in English – is a Latin American cryptocurrency trading platform based in Brazil. Through a Series B funding round, the company managed to garner a whopping $200 million in additional funds through the SoftBank Latin America Fund, suggesting the growing presence of bitcoin and cryptocurrency in Latin American regions. Mercado Bitcoin Is at the Top of Its Game At the time of writing, the parent company of Mercado Bitcoin –...

Balancer is one of the pioneers in the DeFi space and a core building block of its infrastructure. The protocol allows for efficient trading by pooling crowdsourced liquidity from investor portfolios while also identifying the best available price. Data from Token Terminal reveals the growth of the platform in terms of total value locked over the past year. Balancer Chart. Source: Token Terminal Before the most recent market-wide slump, which took place in May, Balancer had...

El Salvador has opened its country to bitcoin transactions, and the news has spread like wildfire. To some, such as the World Bank, the idea of an entire nation running on BTC is risky and frightening, but to others – like senior regulators in the U.S. – El Salvador is going to need a lot of help as it leads the rest of the world towards a new digital era. El Salvador Gets Some Assistance from U.S. Lawmakers Victoria Nuland – the Under Secretary of State for Political...

« Yorick de Mombynes, invité de Richard Détente dans ce nouvel épisode, vous partagera son avis sur la religion bitcoin et sur la véritable culture qui s’est créée autour de la monnaie de Satoshi Nakamoto. Entre anonymat, réflexion citoyenne, complexité de programmation et spéculation financière, il n’est pas aisé de se convaincre que le bitcoin est l’œuvre d’un bienfaiteur pour le plus grand nombre. Pourtant, nombre d’éléments attestant cette idée sont en circulation. Leurs...

The demand for the Purpose Bitcoin ETF has resumed after the mid-May decrease. Consequently, the company’s product has increased the bitcoins it holds by almost 30% in less than two months. Purpose BTC ETF Holds Almost 22.5K Coins CryptoPotato reported earlier this year when Canada’s Ontario Securities Commission (OSC) approved a filing by the financial services company – Purpose Investments – to launch an exchange-traded fund tracking the performance of the primary...

Les CryptoPintes, rencontres autour des cryptomonnaies à Strasbourg, se déroulent habituellement tous les 1er mercredi du mois. La prochaine rencontre aura lieu à la Péniche Mécanique. Où ? – Péniche Mécanique, Presqu’île André Malraux à Strasbourg Quand ? – Mercredi 7 juillet à partir de 18h30 Pour en savoir plus, rejoignez le groupe Telegram Bitcoin Strasbourg ...

Bitcoin price is up a robust 8.5% from the July low of $32,700, recorded both on Thursday and Friday. The coin surged over $3K over the past two days, breaking above the 20-day moving average line at $34.9K, and is now facing a combination of significant resistance on the daily timeframe. The major resistance is provided by a falling trend-line that dates back to mid-May when Bitcoin was trading above $50K. This line forms the upper angle of a potential descending triangle...

[Featured Content] It goes without saying that the past year has been particularly exciting for the entire cryptocurrency market. Last March, during the coronavirus-induced global market crash, Bitcoin’s price dropped to a low of around $3,800, and a lot of people thought it would go even lower. The market, however, saw this as the absolute bottom and started advancing parabolically. This year, BTC reached an all-time high at a whopping $65,000 – more than 3 times higher...