Bitcoin (BTC)

Bitcoin has been struggling as of late. While the currency has jumped into the high $30,000 range, the world’s number one digital currency by market cap had initially dropped by more than 50 percent from its mid-April high of roughly $64,000. Bitcoin May Reach $700K in the Next Decade Still, that isn’t stopping people from losing hope, and now Dan Morehead – the founder of Pantera Capital – is suggesting that bitcoin could spike as much as 1,500 percent within the next...

Bitcoin Bitcoin surged 8% today as it reclaims $40K but is just up 2% on the week. Last Friday, Bitcoin was trading inside an ascending price channel as it breached the January 2021 high at $42,000 to reach as high as $42,400 over the weekend. From there, BTC rolled over and broke beneath the ascending price channel on Monday. It then traded downward inside a descending wedge formation – best seen on the 4-hour chart. This wedge saw the price of BTC being driven lower until...

BTC entered a near-term pullback after reaching overbought conditions at $42.6k last week. The price fell for four consecutive days, wiping out leveraged longs upon every new intraday low. What Happened During the Recent Pullback With 10 consecutive daily candles higher, extremely overbought conditions on the 4-hour and daily chart, the price at technical resistance, and the third-largest whale sending 3000 BTC to Coinbase, the market was flashing a major signal of a local...

JPMorgan reportedly allowed its wealth management clients to get involved with half a dozen cryptocurrency funds over the past month. One of them – a new bitcoin fund created by the digital asset company NYDIG – is only available for private bank customers. New Crypto Offerings from JPMorgan According to a CNBC report, the American multinational investment bank – JPMorgan Chase & Co. – has provided its top customers with digital asset exposure to six cryptocurrency funds...

Le système d’exploitation Umbrel OS, conçu par et pour les bitcoiners, élargit ses usages pour permettre à quiconque de posséder son propre serveur personnel et récupérer ainsi la pleine propriété et le contrôle complet de ses données. « Un serveur c’est un ordinateur qui fonctionne 24h/24 et 7j/7 pour fournir des services à d’autres ordinateurs appelés “clients”. Si vous utilisez Gmail, vos e-mails sont stockés sur les serveurs de...

Not too long ago, bitcoin endured something of a comeback, hitting the $40,000 mark for the first time in well over a month. While the price didn’t last, the currency is still in the high $30,000 range, which is considered a step forward in the right direction given how poor bitcoin was doing before, but with the new infrastructure bill making its way into the United States, many analysts and traders are worried that things could potentially begin to fall again, as the...

Clean Spark Inc. – a bitcoin mining services and software company – has announced several new updates regarding its processes and operations, as well as general changes to the mining sector. Clean Spark Is Heading for the Top The company’s mining division – known as Clean Blok – boasts more than 7,500 machines at the time of writing. The hash rate capacity with the company stands at more than 740 PH/s, while approximately six bitcoin units are extracted each day. Clean...

Customers of the German fashion company Philipp Plein International AG will get the chance to buy products in digital assets instead of fiat money. The supported virtual currencies will be 15 and will include the leading ones – Bitcoin and Ethereum. ‘Cryptocurrencies Are The Future’ In a recent Instagram post, the fashion group Philipp Plein announced that it would start accepting payments in cryptocurrencies. The company’s clients can now pay for clothes, shoes, and other...

Cryptocurrencies have become widespread among users, and now you can buy bitcoin or altcoins in many different ways: using exchanges, exchangers, using sellers or even vouchers. Each of these methods has advantages and disadvantages. To choose the appropriate method, you need to answer the question: for what purpose do you want to buy cryptocurrency? If you are a beginner and are going to store coins safely in your wallet, then you do not need to open an account on...

As previously reported, El Salvador has become the first country in history to declare bitcoin legal tender. Several financial institutions – such as the World Bank – are not too happy about the situation, but while others like Bank of America admit that there is quite a bit of risk in making bitcoin legitimate money, there are also some potential benefits that may be getting ignored. Bank of America: El Salvador May Be on a Solid Track In a recent report, Bank of...