Bitcoin has hit $50,000 per unit once again. The world’s number one digital currency by market cap has surged in recent days to a figure that it hasn’t seen in quite some time. Bitcoin Is Spiking Like Never Before As we have witnessed in the past, September tends to be rather bearish for bitcoin. This was never more evident than in 2020 when the digital currency – which was trading for about $12,000 per unit during August of that year – fell to about $10K just a month...
Read More »Bitcoin Inches Above $56K Ahead of Optimistic Jobs Report as Strong Run of Form Continues
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Read More »Crypto Price Analysis Oct-8: Bitcoin, Ethereum, Ripple, Cardano, and Polkadot
Bitcoin Bitcoin is up by an incredible 25.7% this week as the cryptocurrency surges beyond $55,000. The increase started at the beginning of October when it managed to break above a descending price channel and go above the 50-day MA. Since then, BTC surged higher during the week until it broke the September highs at $53,000 and met resistance at $55,400 on Wednesday. It did attempt to break above $55,400 today, reaching as high as $56,000 (1.414 Fib Extension) but is showing...
Read More »SEC Gives Green Light to Volt Bitcoin Revolution ETF Featuring Bitcoin-centric Companies
Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...
Read More »US Senator Cynthia Lummis Bought up to $100,000 Worth of BTC in August
The Republican Senator Cynthia Lummis has accumulated more bitcoin worth between $50,001 to $100,000 in the middle of August. A spokesperson at her office said the purchase was not disclosed on time due to a “filing error.” Topping up with More BTC As reported by CNBC, the US Senator – Cynthia Lummis – revealed in a recent filing that on August 16th, she increased her bitcoin exposure with another purchase of somewhere between $50,000 and $100,000 worth of the asset. The 2012...
Read More »Sortie d’Eclair 0.6.2
Acinq vient d’annoncer la sortie d’Eclair 0.6.2, son implémentation (Scala) du Lightning Network. Cette nouvelle version corrige une vulnérabilité révélée la semaine dernière et qui affecte également d’autres implémentations. « Le principe du LN c’est de mettre à jour des transactions onchain valides et publiables, sans les publier, mais en faisant en sorte que si ça se passe mal on récupère ses...
Read More »Schottland: erste Klinik für Bitcoin-Sucht
Castle Craig in Schottland gilt als weltweit erste Klinik zur Behandlung von Krypto-Süchtigen. Die Nachfrage nach Therapieplätzen dort soll sich zuletzt verzehnfacht haben. Der Handel mit Kryptowährungen ist nicht nur ein profitbringendes Geschäft, er hat auch ein großes Suchtpotential. Ständig muss das Smartphone geprüft werden. Andauernd wird auf den PC gestarrt. Die Kurse müssen beobachtet werden. Aus diesem Grund gibt es in Schottland nun die...
Read More »Crypto Activity Is Exploding in Asia Despite China Actions
China has banned cryptocurrency. As one of the largest territories in Asia, one would think that the nation of China is setting the stones in place for a continent that has no desire or use for the world’s number one digital asset, but apparently, the situation has led to the exact opposite. Asia Is Moving Ahead as a Crypto Haven Despite China’s sudden hate for BTC, it looks like crypto activity in Asia has grown by more than 700 percent over the past few months, almost...
Read More »America Refuses to Ban Bitcoin; Asset Skyrockets
The prices of bitcoin and several leading altcoins have spiked over the past few days following an announcement from Jerome Powell – the chairman of the Federal Reserve – that the United States has no intention of banning crypto use. Bitcoin Is Doing Better Now That America Gives the Greenlight Several traders throughout America are likely breathing a heavy sigh of relief given that China has worked heavily to remove bitcoin from its turf, first by banning all miners and...
Read More »3 Possible Reasons Behind Bitcoin’s Surge towards $56k
After weeks of struggling and rapidly losing value, bitcoin exploded in the past few days and neared $56k – its highest price line since mid-May. Yesterday alone, the cryptocurrency gained more than $5,000 of value in hours. While the bulls celebrate, it’s worth exploring potential reasons why that might be and could there be more similar developments hiding behind the corner. Reason 1: Whale Purchases Being an asset with a maximum supply of just 21,000,000 tokens with a...
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