A new survey suggests that many of the young people that garnered stimulus money from the government during the COVID-19 pandemic spent their funds on stocks and cryptocurrency. Survey Says, “Young People Enjoy Crypto!” This is to be expected in many ways considering the extraordinary level of distrust that many millennials and members of younger generations have towards standard banks and financial institutions. Many of these individuals grew up during the time of the...
Read More »Le minage de bitcoin au Kazakhstan
Entretien avec Sébastien Gouspillou, président de Bigblock Datacenter. « Alors que les USA et certaines régions d’Afrique semblent tirer leur épingle du jeu, il semble que le Kazakhstan ne soit pas en reste. Pourquoi ce pays semble si pertinent pour le mining bitcoin ? Comment évaluer les perspectives à long terme du mining bitcoin et comment savoir quelles régions pourraient être propices au développement du mining ? » Réalisation : Richard Détente pour Grand Angle Crypto...
Read More »Ethereum Price Analysis: ETH Remains Flat, Attempts a Breakout Against Bitcoin
ETH/USD – Ether Forms Symmetrical Triangle Key Support Levels: $3150, $2985, $2890.Key Resistance Levels: $3350, $3540, $3700. Since surging from $1800 at the end of July to meet resistance at $3350 in the first half of August, Ethereum has been consolidating inside a symmetrical triangle pattern. It has made over four attempts to break the $3350 resistance, provided by a bearish .618 Fib, and failed on each attempt. Recently, ETH has been using the 20-day MA as support as it...
Read More »Over $8 Billion: Bitcoin Weekly Transactions Volume Reaches a New All-Time High
While the price of bitcoin seems stuck beneath the $50,000 line, the network has actually seen a few all-time highs lately. On-chain data revealed that the weekly BTC transaction volume has exploded to a fresh record, while the number of token holders is recovering nicely. Transactions on the Bitcoin Network to New Highs The analytics company Glassnode recently highlighted the massive uptick in transaction volume on the Bitcoin network. The firm’s data shows that the average...
Read More »BTC Fails At $49-50k Resistance, But Weekly Chart Showing Strength (Bitcoin Price Analysis)
BTC managed to make a third weekly close above the 21-week and 200-day moving average as the largest cryptocurrency continues the bull market continuation validation phase. After rallying higher for 5 consecutive weeks with near-term momentum slowing and bearish divergence on the 4-hour chart, consolidation can be expected. Resistance at $50k continues to be the near-term level that BTC must successfully close above in order to follow up on the breakout and bull market...
Read More »Lightning Network : Faut-il renoncer aux « bases fees » ?
Sur le Lightning Network, le montant maximal d’une transaction est actuellement limité par la liquidité disponible dans les canaux par lesquels le paiement transite et la façon dont cette liquidité est répartie. Cela signifie que plus le montant envoyé est élevé, plus le risque d’échec est important. Pour lever cette limite les Lightning wallets permettront bientôt de fractionner une transaction en...
Read More »Warren Buffet’s Nightmare. Traders Make Up to 90% Profit on One Deal at TurboXBT!
If you are very familiar with the investment world, you would know that anything that reduces risks, like the instant profit advantage on TurboXBT, is a threat to Warren Buffet, the billionaire investor. TurboXBT is a new platform that was launched recently, and its technological advances have positioned it to be on track to topple the dominance of today’s mainstream trading platforms. Per the analogy with Warren Buffet, let us give a broader exposition to how our high...
Read More »Stellar Lumen (XLM) Price Could Struggle To Continue Higher
Stellar lumen price failed to gain strength above $0.3800 against the US Dollar. XLM price is now trading below $0.3500 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $0.3590 on the 4-hours chart (data feed via Kraken). The pair is likely to continue lower as long as it is below the $0.3700 resistance. Stellar lumen price is slowly moving lower below $0.3500 against the US Dollar, similar to bitcoin. XLM...
Read More »Ripple Price Analysis: Risk of a Larger Decline
Ripple price failed to settle above $1.30 and corrected lower against the US dollar. The price is now trading below $1.20 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $1.210 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down as long as it is below $1.200 and $1.205. Ripple price is holding gains above the $1.00 support against the US Dollar, similar...
Read More »Eurex announces launch of Bitcoin ETN futures
Die European Exchange ist eine der weltweit größten Terminbörsen für Finanzderivate, die 1998 aus dem Zusammenschluss der DTB und der zur SWX Swiss Exchange gehörenden SOFFEX hervorging. Eurex, the leading European derivatives exchange, announced the launch of Bitcoin ETN futures. With the new contract, Deutsche Börse Group’s derivatives arm offers clients access to the price of Bitcoin in a regulated on-exchange and centrally cleared...
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