Bitcoin price started a fresh decline after it failed to surpass $35,000 against the US Dollar. The price is now trading well below the $34,250 zone and the 55 simple moving average (4-hours). There is a major declining channel forming with resistance near $34,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue lower towards the $30,000 support zone in the near term. Bitcoin price is slowly moving lower below $33,000...
Read More »Parlons Bitcoin : « Le bitcoin, la religion du XXIe siècle née des mathématiques et d’Internet ? »
« Dans cet épisode et le prochain on va discuter de Bitcoin et de religion en compagnie de Jacques Favier, historien de formation. L’objectif sera de déterminer si ça a du sens de considérer le Bitcoin comme une nouvelle religion. Notre enquête en deux parties commence par une comparaison de forme entre Bitcoin et religion. Donc dans ce premier épisode, on va tâcher de découvrir quelles caractéristiques communes existent entre religion et Bitcoin. Tu verras qu’il y en a beaucoup !...
Read More »A Large Portion of the BTC Held By Grayscale Could Be Sold Off Soon
Approximately 40,000 bitcoin units held within the Grayscale Bitcoin Trust are about to be unlocked, and many are wondering what this news will mean for the cryptocurrency industry. Grayscale May Lose a Hefty Stash Grayscale has a unique method of operation. Institutional investors who choose to do business with the firm can buy into the enterprise directly, meaning they must hold their shares for a minimum of six months before they are permitted to sell. As it turns...
Read More »Hive Blockchain’s Chairman: ‘Green’ Bitcoin Will Become More Valuable in Time (Interview)
Cryptocurrencies took center stage in 2021 as the market went through a massive bull run where the price for bitcoin skyrocketed to an all-time high of $65,000 in mid-April, and many other cryptocurrencies followed suit. This attracted a lot of attention even from institutional players and large, publicly-listed companies. The elephant in the room is obviously Tesla. Elon Musk’s electric car maker announced that it had bought $1.5 billion worth of BTC back in January and even...
Read More »Phoenix Wallet dans l’App Store
Acinq a annoncé aujourd’hui que Phoenix Wallet iOS est désormais disponible dans l’App Store. Rappelons que Phoenix est une application Lightning « simplifiée » destinée à tous ceux qui veulent envoyer et recevoir très simplement des bitcoins via le Lightning Network en gardant le contrôle de leurs fonds mais sans avoir à se soucier de la gestion des canaux de paiement. Ce « Bitcoin wallet » propose un compromis entre les solutions...
Read More »Analysts Suggest Bitcoin Could Be Staging a Comeback
Is bitcoin about to stage a comeback? This is the sentiment of a few financial analysts out there, who claim that technical indicators suggest the currency may head north from here. Bitcoin May Be Heading Towards Greener Territory Financial and crypto reporter Omkar Godbole recently wrote about one specific tech indicator pertaining to bitcoin and its present market conditions. He explained: Bollinger bandwidth, a measure of volatility calculated by dividing the spread...
Read More »S&P Dow Jones Indices Presents New S&P Crypto Broad Digital Market (BDM) Index
S&P Cryptocurrency BDM Ex-MegaCap Index a subset of the BDM that excludes the constituents of the S&P Cryptocurrency MegaCap Index (Bitcoin and Ethereum). Renowned index provider, S&P Dow Jones Indices (S&P DJI), has announced that it would now be launching crypto-related indices for its users, the indices would include S&P Cryptocurrency Broad Digital Market (BDM) Index that contains over 240 crypto tokens already.This is in line with the various expansions the firm has...
Read More »Grayscale Investments Collaborates with BNY Mellon for Asset Servicing
The agreement will help Grayscale scale its operations, become more resilient and automated through the BNY platform and position its Bitcoin Trust for potentially long-term success. Digital assets manager Grayscale Investments has today announced its decision to choose BNY Mellon as the asset servicing provider for its flagship product, the Bitcoin Trust. The agreement means that BNY Mellon will now manage the Bitcoin Trust which was previously morphed into an SEC-reporting firm. BNY will...
Read More »$2.2 Trillion Asset Manager Buys 12% Stake in Michael Saylor’s MicroStrategy
A few weeks after the initial filing with the US Securities and Exchange Commission, Capital Group’s allocation in MicroStrategy has become official. The giant financial firm with over $2 trillion in AUM has bought nearly 1,000,000 shares in the business intelligence company holding more than 100,000 bitcoins on its balance sheet. The financial services company based in Los Angeles, California, filed with the SEC in late June but Walter Burkley, the Senior Vice President at...
Read More »Chia (XCH) Price Down Over 8%, Backblaze Proves Coin Is Not Rentable after 4 Months
Backblaze found out that maintenance of 150 petabytes capacity disks would cost $175,000 every week.Chia coin (XCH) price is currently trading at $234.39, down 8.43% over 24-hours. The cryptocurrency has been cutting off value lately, having lost 17.3% and 42.8% in 7-days and 30-days respectively. According to data from CoinMarketCap, Chia launched at $1,600 per unit in May. Shortly after, its value rose to $1,800 since it was billed as an eco-friendly alternative to Bitcoin. However, the...
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