Bitcoin (BTC)

The infamous US whistleblower – Edward Snowden – criticized CBDC’s potential impact on the financial network. He labeled them as a “perversion of cryptocurrency” and a “cryptofascist currency,” as they could grant a lot of power to the governments and leave less freedom to the people. CBDC – ‘a Cryptofascist Currency’ The computer programmer who worked as a subcontractor for the National Security Agency (NSA) – Edward Snowden – opined strongly against the potential use cases...

Stellar lumen price started a steady increase above $0.3000 against the US Dollar. XLM price is now trading above $0.3200 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $0.3600 on the 4-hours chart (data feed via Kraken). The pair could start a fresh rally if there is a clear break above the $0.3600 resistance zone. Stellar lumen price is trading well above $0.3000 against the US Dollar, similar to bitcoin. XLM...

Ripple price started a steady increase above the $1.00 resistance against the US dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.120 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue higher as long as it is above the $1.10 support zone. Ripple price is showing positive signs above $1.10 against the US Dollar, similar to...

The price of bitcoin went on another run in the past 24 hours and briefly exceeded $57,000 for the first time in five months. Most alternative coins seem left behind as BTC’s dominance continues to increase. Bitcoin Touched $57K It’s safe to say that BTC has returned to its bullish trajectory after it recovered from its sub-$41,000 dips two weeks ago. In the days that followed, the cryptocurrency added a significant chunk of value, broke above $50,000 for the first time in a...

If you didn’t like the way Nayib Bukele was implementing his Bitcoin policy in El Salvador, maybe his latest actions will change your mind, or at least make you admit he wants to be a bit cute. After experiencing his first days in the green, the president of El Salvador revealed he was going to use the proceeds of his country’s BTC investment to build a massive pet hospital. The self-described coolest dictator in the world shared the news on his Twitter account a few hours...

Bitcoin stands at $55,000 today, as of writing these lines. This means it’s about 90% up since the beginning of 2021. While that’s impressive on its own, what’s even more notable is BTC’s performance compared to other well-known investment tools such as some of the most popular stock market indexes, the world’s largest companies, and precious metals like gold and silver. BTC vs. all others – YTD 2021. Source: TradingViewS&P500 and Nasdaq Left Behind The primary...

People are seeking to use cryptocurrencies like bitcoin and Monero to escape jihad-controlled regions of the Middle East. Bitcoin Is Playing a Big Role for Those Looking to Escape the Middle East One such example is a girl simply known as “Sara.” This woman is a European affiliated with Isis. She is presently living in a camp in northeast Syria and is desperate to escape. Through an encrypted application, she put out the following message to anyone who would be able to...

Donald Trump – the 45th President of the United States – doesn’t want other currencies coming in and threatening the U.S. dollar. This includes bitcoin. Donald Trump Doesn’t Want the U.S. Dollar Threatened Trump has not always been friendly to bitcoin. He made several disparaging comments about the digital asset in 2019 that saw many people react negatively and lash out on Twitter. His comments were: I am not a fan of bitcoin and other cryptocurrencies, which are not...

This analysis takes a closer look at some of Bitcoin’s structural market metrics and compares the current cycle to that of 2017. The following is compiled by on-chain analyst CryptoVizArt for CryptoPotato. Bitcoin’s NVT NVT estimates the values of the network using its on-chain investor volume. As crypto analyst Willy Woo initially introduced this model, NVT Price is calculated by multiplying on-chain volume by the 2-year median value of NVT-Ratio (Market cap / Total on-chain...

« Les partisans des CBDC [1] affirment que ces monnaies strictement centralisées représentent la réalisation d’un étalon nouveau et audacieux – pas un étalon d’or, ni un étalon d’argent, ni même un étalon fondé sur une blockchain, mais quelque chose comme un étalon de feuille de calcul, où chaque dollar émis par une banque centrale est détenu par un compte géré par une banque centrale, enregistré...