Bitcoin (BTC)

Tron price started a fresh decline from the $0.1200 resistance against the US Dollar. TRX price is now trading below $0.1000 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.1150 on the 4-hours chart (data feed via Bitfinex). The pair could accelerate lower if there is a clear break below the $0.8200 support zone. TRON price failed to continue higher above $0.1200 against the US Dollar, similar to...

Bitcoin price started a major decline below the $45,000 support against the US Dollar. The price is now trading below $44,000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $42,850 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must settle above $44,000 to start a steady increase in the near term. Bitcoin price is recovering higher above $42,000 against the US Dollar. BTC could...

Débat entre Olivier Delamarche et Max Keiser sur le plateau de C’EST CASH sur la chaîne internationale russe RT. « Avec une capitalisation totale dépassant les 2 000 milliards de dollars, les cryptomonnaies et le bitcoin en particulier ont pris une importance majeure dans l’économie. Plusieurs pays ont même décidé de créer leur propre crypto, d’autres comme le Salvador ont fait du bitcoin leur monnaie officielle. Pour autant, elles sont également bien souvent pointées du doigt...

The US Securities and Exchange Commission could greenlight a Bitcoin futures ETF as early as October this year, said Bloomberg’s Senior Commodity Strategist – Mike McGlone. He also doubled down on his $100,000 price prediction for BTC by the end of the year, adding that the cryptocurrency is on its way to replace gold, similarly to how the car outplaced the horse as the most utilized transportation tool. Bitcoin Futures ETF Coming Soon? The topic of whether the US securities...

According to a recent study conducted by Bloomberg, the amount of energy used for crypto and bitcoin mining purposes in 2021 already outdoes all the energy used in 2020, and we’re not even three quarters of the way through the year. Crypto Mining Is Using a Lot of Electricity Some environmentalists are taking this as a bad sign. It suggests that people are not only mining more but may be increasing the carbon footprint that already stems from the mining industry. So far...

Fidelity Digital Assets – the cryptocurrency division of Fidelity Investments – has recently sent representatives of the firm to secretly meet with agents of the Securities and Exchange Commission (SEC) as a means of pushing its new crypto-based exchange-traded fund (ETF) further along the way. Fidelity Wants the SEC to Move Quickly Fidelity believes that the cryptocurrency industry is now large enough to push such a product, which has been making its way across SEC...

David Ignatius of the Washington Post interviewed SEC chair, Gary Gensler, on the cryptocurrency landscape, where the latter provided his approach to regulating the digital asset industry. Gensler expresses optimism for the possibilities crypto provides for enhancing finance, but he also believes that most of the space should fall under regulatory supervision – including stablecoins. At the start of the interview, Gensler commented on the recent market crash in the market of...

Bitcoin El Salvador: This country bought the dip Dips are for buying, don’t take our word for it, that’s some solid presidential advice. In a mere 3 days, Bitcoin lost 5,000 euros in value. A small, perfect dip if you were waiting for a buying opportunity. Apparently El Salvador was one of those waiting on the sidelines. The President let the world know they are stacking sats again. They can’t beat you if you buy the dip Buying the dip ? 150...

CNBC’s Jim Cramer opined that the Evergrande debt crisis in China could keep causing severe disruption in financial fields, including the cryptocurrency market. He also advised people sitting on unrealized gains from their investments to take “something off the table” before losing it. ‘Don’t Let It Become a Loss’ The American TV personality Jim Cramer shared his stance on the recent crypto decline and the ongoing crisis with one of China’s leading real estate companies –...

In the past, Ray Dalio – a billionaire investor that started the world’s largest hedge fund – has stated that the governments of the world could potentially try to ban or take one’s bitcoin units if the asset was to be successful enough. Ray Dalio Warns Crypto Fans of Possible Government Action Now, his warning has become even more dire, with Dalio saying that governments everywhere could potentially just try to “kill” bitcoin if it goes much further. He commented that...