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Bitcoin (BTC)

Bitcoin Activity in Nigeria Just Keeps Getting Bigger

Moses Awa is a business owner in Nigeria. As a textile importer, Awa said that his government banning access to foreign exchanges caused him to panic. He had worked very long and hard as an importer of Chinese shoes, but the government’s prevention of capital could have stopped his business in its tracks altogether. Nigeria Has Become a Major Bitcoin Haven He says: It was a serious crisis, and I had to act fast. To get things back up to speed, Awa turned to his brother,...

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What Does El Salvador’s Endorsement of Bitcoin Mean for Cryptocurrency?

El Salvador’s ground-breaking decision to adopt Bitcoin as legal tender could have an outsized impact on the global cryptocurrency market – but it’s unclear whether it will be positive or negative until we see how it works in practice.Although it was originally designed as a currency and has seen both its use and its value soar over the last decade or so, Bitcoin (and other cryptocurrencies) have largely been used more as assets than currencies to date. Aside from trading, their use has been...

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Nick Sears May Be One of the World’s Youngest Bitcoin Miners

At 19 years of age, Nick Sears could be one of the youngest people in the world to be making a career out of bitcoin. Two years ago, Sears built a bitcoin mining farm in Washington, and has made this farm his business ever since. He is looking away from the traditional college route and considering a future in which he devotes himself entirely to the world’s number one digital currency by market cap. Nick Sears Says “Bye” to College, “Hello” to BTC Mining Right now,...

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Indian Olympic Medal Winners to Get Free Bitcoin (BTC) and Ethereum (ETH)

The cryptocurrency platform Bitbns intends to open a systematic investment plan (SIP) in digital assets for Indian athletes who win medals at the ongoing Tokyo Olympics. The exchange will reportedly grant around $2,700 in crypto for gold medal winners. ‘Faster, Higher, Stronger’ And Earn Crypto The Economic Times reported that Indian athletes at the Olympic Games could receive cryptocurrencies as a gift if they manage to win a medal at the tournament in Tokyo. The trading...

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Strengthening the Bitcoin ETF Efforts: Grayscale Hires New Global Head of ETFs

Grayscale has appointed David LaValle, a former executive at Alerian and S-Network Global Indexes, to help the company on its way to having a BTC ETF approved in the States. As announced earlier on August 4th, the leading digital asset manager has enhanced its endeavors to launch a Bitcoin ETF through a new addition to the team. David LaValle has become the new Senior Managing Director and Global Head of ETFs, who will report directly to the company’s CEO – Michael...

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Is BTC’s Wyckoff Accumulation Still Intact And Where is Bitcoin Headed? (Price Analysis)

BTC’s impressive rally from $29.3k to $42.6k has significantly improved the technicals and especially the momentum for the largest cryptocurrency. Since finding a local top at $42.6k as we reported, the 4-hour and daily conditions for BTC became extremely overbought and overextended, with an increased risk of a near-term correction. When looking at market structure, it appears BTC has exited Phase C in the Wyckoff Accumulation schematic and is now in the early parts of Phase...

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Bingbon Partners with Paxful Expanding Fiat-to-Crypto Instruments

[PRESS RELEASE – Singapore, Singapore, 4th August 2021] Bingbon.com – Derivatives-based social trading platform Bingbon has partnered with Paxful, a peer-to-peer finance platform for people to make payments, transactions, and send money by buying and selling cryptocurrencies as a means of exchange. As a result, users can take full advantage of Paxful’s fiat to crypto network directly on Bingbon’s trading platform. Not only will Bingbon users be able to fund their accounts...

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Bitcoin et la malédiction des nouvelles technologies

« On ne peut pas s’empêcher de sourire en se rappelant que, plusieurs dizaines d’années en arrière, Internet était mal compris, discrédité avant même d’avoir été implémenté. Ce type d’archives semblent venir d’un autre monde, d’une époque lointaine… et pourtant c’était il y a à peine plus de 20 ans.. un battement de cil dans l’histoire. On regarde souvent le passé avec beaucoup d’amusement – voire même un peu de condescendance, et on se dit “mais comment ils ont pu louper ça?!”....

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Tron (TRX) Price Analysis: Holding Gains above $0.062

Tron price started a fresh increase above the $0.0600 resistance against the US Dollar. TRX price is now trading well above $0.0600 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.0640 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue higher as long as it is above the $0.0620 and $0.0600 support levels. TRON price is trading in a positive zone above $0.0600 against the US...

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