Bitcoin (BTC)

BTC lost 6% of its value today as it fell through the lower angle of a short-term symmetrical triangle pattern. As mentioned here yesterday, a huge price move was anticipated due to the decreasing amounts of trading volume, along with reaching the apex of a symmetrical triangle. Indeed, the move came, and the bearish breakout saw BTC dropping almost $3000 since yesterday’s high, around $35K. Today’s level set a fresh low for July 2021, and it is also the lowest price bitcoin...

EOS failed to surpass a key resistance zone near $4.20 against the US Dollar. The price is now trading below the $4.00 support and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $4.00 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue lower if it breaks the $3.60 support zone in the near term. EOS price is showing bearish signs below $3.85 against the US Dollar,...

Litecoin price failed to continue above the $150 resistance zone against the US Dollar. LTC price is now trading below $140 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $136 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $132 and $130 support levels in the near term. Litecoin price is slowly gaining pace below $140 against the US...

« Le Bitcoin va redéfinir la trajectoire de l’humanité. Pourquoi et comment ? On en discute dans cet épisode avec ma Maman. Après avoir écouté tous les épisodes précédents, plein de questions se sont accumulées. Et si tu débutes avec Bitcoin, ce sont probablement des questions que tu te poses aussi. Par exemple, qui contrôle la création totale de bitcoins ? C’est quoi la différence entre le réseau Bitcoin et la monnaie bitcoin ? Que penser des autres cryptos ? Qu’en est-il du...

Coinbase is arguably one of the largest and most popular cryptocurrency exchanges in the western hemisphere. The company has become the first and only crypto exchange as of late to be listed publicly, and it is estimated that the firm has a valuation of approximately $70 billion or more. However, it looks like the company is experiencing some solid competition in the form of bitcoin payments firm Strike. Strike Is Bringing the Heat to Coinbase Over the years, Coinbase –...

The bitcoin spikes that have occurred over the past year have led to serious jumps in ransomware attacks according to new data from Barracuda Networks, a company that provides cybersecurity products and services. Barracuda Networks Sheds Light on BTC Ransomware Between October of last year and May of 2021, the price of bitcoin rose by nearly 400 percent. That is the good news. Obviously, there are many crypto traders that raked in some heavy profits, and several...

Bitcoin, Ethereum, Dogecoin, Tesla, and Facebook… Over the past several months, many analysts have talked about how all these entities are potentially related and how they correlate with each other. It is widely believed that altcoins like ETH follow bitcoin’s patterns, while it is alleged that bitcoin and stocks will mimic each other’s behavior. Either way, per Sam Bankman-Fried – the CEO and founder of popular cryptocurrency exchange FTX – believes that all these...

Bitcoin price is consolidating in a range below the $35,000 resistance against the US Dollar. The price is now trading near the $34,250 zone and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $35,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to start a major increase if there is a clear break above the $35,000 resistance. Bitcoin price is recovering higher above...

Guests of the Pavilions Hotels & Resorts can now pay for their accommodation with over 40 cryptocurrencies, including BTC and ETH. The service will be available from today – July 7th. An Exotic Adventure in Exchange for Crypto According to a recent press release, The Pavilions Hotels & Resorts partnered up with the cryptocurrency trading platform Coindirect to provide its clients the option of digital asset payments. The hotel group guests can choose among more than...

Selon un article publié aujourd’hui dans le Financial Times, Binance pourrait suspendre « temporairement » les virements SEPA. Pour l’instant, les virements SEPA sont encore possibles par l’intermédiaire de Banxa, partenaire de Binance, en revanche les dépôts via le réseau britannique Faster Payments ont été désactivés la semaine dernière.  La plateforme d’échange n’a pas donné davantage de précisions, évoquant simplement « des...