What do mosquitoes and bitcoin have in common? Well, nothing really, though there is a company called Spartan Mosquito – designed to kill and control the population of the nasty little bloodsuckers – that just accepted its first bitcoin payment. Now, it looks like it is on a quest to accept bitcoin and several other cryptocurrencies for all its products and services in the future. Spartan Mosquito Will Accept BTC The crypto world is wrought with currencies that were...
Read More »The Wyckoff Accumulation: Why Is Bitcoin at a Critical Level According to the Model?
The Wyckoff Accumulation Schematic created by Richard D. Wyckoff has become a widely discussed and controversial topic among crypto traders lately due to Bitcoin’s positioning. With that in mind, it’s worth exploring this key feature, what it means for the asset and how it could impact its future developments. What is the Wyckoff Accumulation? The Wyckoff Accumulation forms when a particular asset, in our case Bitcoin, enters a period of consolidation with multiple drawdowns...
Read More »Auch Mexiko und Argentinien diskutieren Bitcoin Adoption
Hat El Salvador den Starschuss für die weltweite staatliche Bitcoin Adoption abgegeben? Nachdem der kleine Inselstaat ankündigte, die Bitcoin Adoption im eigenen Land voranzutreiben, kommt es in immer mehr Ländern zu ähnlichen Überlegungen – mit Mexiko und Argentinien kommen nun wirtschaftlich betrachtet Global Player hinzu. Bitcoin News: Auch Mexiko und Argentinien diskutieren Bitcoin AdoptionHinter Nordamerika und Brasilien haben Mexiko und Argentinien die größte Wirtschaft Amerikas zu...
Read More »Opinion: For Bitcoin, 2021 Has Become the New 2018
Regardless of what many analysts would like us to believe, 2018 is alive and well all over again given how much bitcoin has tanked in the last two months. Bitcoin Isn’t All That Better Off Recently, billionaire investor and former hedge fund manager Mike Novogratz commented that he did not think 2018 would happen again. He said the number of institutional investors that have gotten involved in the digital asset space and the growing maturity of the market would prevent...
Read More »Change of Heart? Bank of America Has Reportedly Set Up Crypto Research Team
Just a few months after bashing bitcoin for its enhanced volatility and supposed impracticality, Bank of America has reportedly set up a new designated research team to look into digital assets. Citing an internal memo, Bloomberg reported earlier that the giant US multinational investment bank is the next in line to join the cryptocurrency bandwagon. According to the coverage, Bank of America has already established a new dedicated team to research cryptocurrencies. Although...
Read More »SkyBridge Capital’s Bitcoin ETF: The SEC Delays the Decision to August
After the US regulator postponed its decision about VanEck’s BTC ETF attempt, the watchdog has done the same with the application filed by Anthony Scaramucci’s SkyBridge Capital. CryptoPotato reported earlier this year when the global investment company based in NYC, SkyBridge Capital, filed with the SEC to launch a Bitcoin ETF. Should the product be approved, its service provider will be America’s oldest bank – BNY Mellon. Although the watchdog had until July 11th to make...
Read More »Programme de la conférence Surfin’Bitcoin
La conférence Surfin’Bitcoin, centrée sur la démocratisation de Bitcoin et son écosystème, aura lieu les 26 et 27 août 2021 au Casino de Biarritz. « Lors des deux jours de conférence se succéderont des présentations “keynote” et des tables rondes sur la scène principale avec les meilleurs intervenants francophones sur Bitcoin. Il y aura en parallèle des workshops pour approfondir certains sujets. Ce format est bien plus interactif car...
Read More »Bitcoin Price Analysis: BTC Broke to the Downside, Is Another $30K Retest Incoming?
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...
Read More »EOS Price Analysis: Signs of Fresh Decrease Below $3.6
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,...
Read More »Litecoin (LTC) Price Analysis: Fresh Decline Possible Below $130
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...
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