Bitcoin (BTC)

Today we can observe a dramatic shift in Taleb’s position from what he had in 2017.Former Bitcoin supporter Nassim Taleb has written a draft paper detailing his reasons for changing his stance on the leading cryptocurrency. Taleb, a statistical mathematician and risk analyst is also an accomplished author, having published several books on finance and risk. Some of his most notable works are “Black Swan,” “Antifragile” and “Skin in the Game”.In the draft paper, titled “Bitcoin, Currencies and...

Things in the cryptocurrency market are looking increasingly bad as the price for bitcoin just crashed below $30,000. Bitcoin’s price is currently trading below $30,000. This hasn’t happened in months as the last time we saw these levels was in January 2021. BTC/USD. Source: TradingViewOther cryptocurrencies are also following suit with most of the altcoins charting double-digit declines on the weekly. This has also led to almost $800 million worth of liquidated positions...

ADA price started a fresh decline from well above the $1.50 level against the US Dollar. The price is now trading well below $1.45 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.38 on the 4-hours chart (data feed via Bitfinex). The price is recovering, but it is likely to face sellers near the $1.38 and $1.40 levels. Cardano price is trading in a bearish zone below $1.40 against the US Dollar, similar to...

Nouvel ajout à la liste des établissements français qui acceptent les paiements en bitcoin : L’Audiernes, brasserie située 22 rue Louise Weiss dans le 13e arrondissement de Paris. « Située au pied de l’incubateur numérique station F et de nombreuses galeries d’art contemporain, l’équipe de L’audiernes vous accueille du lundi au vendredi dans un cadre orignal ainsi qu’une atmosphère sympathique et...

Francis Suarez, the mayor of Miami, says he is now looking to open his city to all the Chinese bitcoin miners that are getting kicked out of their country. Francis Suarez Opens His City to Chinese BTC Miners China has recently stated that it will be banning all crypto mining operations. Beijing has given these companies approximately two months to leave, and many are looking for a new home to set up their mining equipment. While some analysts have said that Texas will be...

Now, on-chain analytics and reports from fund managers are showing significant Bitcoin outflows amid continued crypto restrictions in China. Multiple Bitcoin Bear Market Signals In its weekly report for the period ending June 21, 2021, published on Monday, digital asset investment outfit CoinShares revealed $79 million in outflows from institutional crypto investment funds. This report marks the third consecutive seven-day period to see a negative balance on the flow of...

Bitcoin has always had support from billionaire investor and former hedge fund manager Mike Novogratz. However, in a recent interview, he seemed to hint that the currency does not have any value all by itself like standard fiat. Rather, it is valuable simply because the people who use it and invest in it say it is. Mike Novogratz on What Gives BTC Value During his discussion, Novogratz said that bitcoin primarily has value thanks to the community it has established. He...

There is a common misconception about Bitcoin wallets. People often think these wallets contain Bitcoin.  Indeed, the wallet consists of just keys. Users can only control the “coins” on the network by signing transactions by using their wallet keys. Wallets, in other words, can be seen as a keychain. These keychains comprise pairs of private and public keys. Transactions are verified with those keys, which proves that they own their coins. There are basically two types...

With the current BTC price, MicroStrategy’s total Bitcoin holding is worth more than $3.4 billion. MicroStrategy Inc (NASDAQ: MSTR) has continued its Bitcoin acquisition spree as it has purchased another $489 million worth of BTC. As of the 21st of June, the Nasdaq-listed business intelligence company holds 105,085 Bitcoins.The company announced its latest Bitcoin acquisition earlier today. According to the company, the newly acquired BTC totaled 13,005 at an average price of about $37,617,...

Après avoir clarifié, le 23 avril dernier, le processus d’enregistrement des entités ayant l’intention d’effectuer, sur le territoire portugais, des activités en relation avec des « actifs virtuels », la Banco de Portugal vient d’accorder pour la première fois des licences d’exploitation à deux plateformes d’échange de cryptomonnaies : Criptoloja et Mind The Coin. Comme pour les PSAN [1]...