With bitcoin’s price losing more than $3,000 in days and reaching a multi-week low, the crowd sentiment remains mostly negative, shows recent data. However, similar developments have turned out to be signals for local bottoms in the past, and the question remains if history is to repeat itself. The Sentiment is Low, But Could That Be Good? Bitcoin tried to break above $37,000 at the end of June, but it was quickly rejected and headed south in the following days. Despite the...
Read More »Pour lutter contre la cybercriminalité d’Etat, les États-Unis proposent des récompenses en cryptomonnaie
Dans le cadre de son programme de lutte contre la cybercriminalité d’Etat, le service de sécurité diplomatique du département d’État des États-Unis [1] offre des récompenses pouvant aller jusqu’à 10 millions de dollars « pour toute information permettant d’identifier ou de localiser toute personne qui, tout en agissant sur ordre ou sous le contrôle d’un gouvernement étranger, participe à des...
Read More »Nassim Nicholas Taleb: Bitcoin Is Way Too “Fragile”
Nassim Nicholas Taleb – the author of “Black Swan” – does not think much of bitcoin. Taleb Is No Longer a BTC Fan In the past, Taleb has been a huge advocate of the digital currency. He has commented that individuals “cannot ignore the bitcoin story,” claiming it had come quite far in the time it had been available to traders. He touted it as a powerful asset, and it was time to take the currency seriously. However, now it looks like Taleb is reversing his stance. In a...
Read More »New York Giants’ Saquon Barkley to Convert All His Marketing Income to Bitcoin
The professional football player Saquon Barkley said he would use the payment application Strike to convert all his profits from endorsements and marketing deals into bitcoin. New York Giants’ star stressed that this is the only way to preserve his wealth in times of growing inflation. Converting to BTC is “The Smart Thing to Do” During a recent appearance at Anthony Pompliano’s episode of the “The Best Business Show,” Saquon Barkley – said he would receive all his future...
Read More »41,000 Bitcoin Transferred to Coinbase Pro In One Hour: Should You be Worried?
After another week of consolidation for bitcoin, with a drawdown to $31k, investors look to the weekend for a sigh of relief as the GBTC shares unlock continues. On-chain analysts detected an unusually large inflow of 41,000 BTC over a few transactions into Coinbase Pro Exchange, in just one hour. The immediate reaction from Crypto Twitter was fear and calls for BTC “to $20k or $10k BTC.” This looks like a bearish signal, but we have to recognize the fact that crypto...
Read More »PayPal erhöht seine Bitcoin-Limits
Der online Zahlungsanbieter hatte im Oktober 2020 den BTC in sein Portfolio aufgenommen – zunächst nur für US-Kunden. Mit der Einführung wurde auch ein Limit eingeführt: Bis zu 20.000 US-Dollar wöchentlich und 50.000 US-Dollar jährlich konnten Kunden auf PayPal in Crypto erwerben. Nun gibt es Änderungen bei diesen Begrenzungen. Bitcoin News: PayPal erhöht seine Bitcoin-LimitsDas wöchentliche Limit wird ab sofort auf 100.000 US-Dollar erhöht und das jährliche Limit fällt sogar komplett weg....
Read More »Does Bitcoin Have the Potential to Replace Traditional Currencies?
Let’s explore the reasons why bitcoin will succeed as a real currency. The first reason is that it doesn’t rely on any central entity to maintain its value, be regulated or accepted by anyone else. Bitcoin relies only on mathematics and cryptography for security which means people have complete control over their money at all times without having to worry about who runs things behind the scenes like Wells Fargo or your bank back home in Iowa. But wait! There are some...
Read More »The American Cancer Society Looking to Hire a Cryptocurrency Product Supervisor
The non-profit organization – American Cancer Society – plans to hire a product supervisor to oversee its potential cryptocurrency and NFT roadmap. The best candidate needs to have experience in fintech, knowledge of payments processing, and a passion for digital assets. The ACS Wants to Be The Leading Digital NPO The health organization dedicated to fighting cancer seems highly interested in getting involved with cryptocurrencies. According to a job posting, the American...
Read More »Bitcoin Reached a 3-Week Low as ETH Dips Beneath $1,900 (Market Watch)
Aside from a brief spike of over $1,000, bitcoin’s struggles continue as the asset is still well below $32,000. The alternative coins have also lost some more steam, with ETH standing beneath $1,900 and BNB close to breaking below $300. Bitcoin Dipped to a 3-Week Low BTC’s hurdles continue ever since the asset failed to breach $35,000 earlier this week. The bears took control over the market at that point and kept pushing it south. Initially, bitcoin decreased beneath...
Read More »Some Analysts Do Not Think Bitcoin Is Protecting Anyone Against Inflation
What the heck ever happened to bitcoin serving as a tool that works against inflation? Bitcoin garnered this reputation last year during the coronavirus pandemic, but as it turns out, prices are continuing to rise, and the world’s number one digital currency by market cap has seemingly failed to get in the way. Bitcoin Is Not Working to Halt Inflation Many analysts are beginning to wonder why bitcoin is allegedly refusing to do its job. For the longest time, bitcoin was...
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