Bitcoin (BTC)

Litecoin price started an upside correction from the $150 support against the US Dollar. LTC price is just trading above $165 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $176 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear $176 and $180 to start a fresh increase in the near term. Litecoin price is struggling to clear $175 and $180 against the US Dollar, unlike bitcoin....

Two weeks ago, Miami, Florida saw itself hosting the world’s biggest cryptocurrency and bitcoin conference the world has ever seen. Now, new coronavirus cases are popping up amongst attendees. Coronavirus Hits BTC Fans Approximately 12,000 tickets were sold to the event, and people from all corners of the world – including Europe, a continent hit particularly badly by the virus – flew into Miami to discuss the world’s greatest digital currency by market cap. The event...

While the entire crypto industry was extremely delighted with the news of El Salvador’s bitcoin adoption as a legal tender, several financial analysts have called out the country’s president and congress for the decision. A “Very Stupid” Decision In a recent report, Steve Hanke, a professor of Applied Economics at the John Hopkins University, has called the decision a “very stupid” one. According to him, El Salvador is one of the three officially dollarized American nations,...

Leading crypto exchange Coinbase has partnered with a 401(k)-plan provider known as For Us All to give its employees the chance to use their retirement funds to invest in crypto. The idea is to ensure that all employees of the digital trading giant are not just working in the crypto industry but taking advantage of it as well and benefiting from all it offers. Coinbase Employees Can Now Take Advantage of Crypto Individuals will have the opportunity to invest as much as...

Huobi, one of China’s most popular Bitcoin exchanges, has reportedly slashed their maximum leverage allowance from 125x to less than 5x for existing users on the back of China’s regulatory crackdown on cryptocurrencies. New users signing up to the platform will not be able to use leverage at all. Exclusive: Due to concerns about regulatory policies, China’s largest exchange Huobi recently restricted the leverage of existing users to less than 5x after stopping new users in...

Despite the most recent price fluctuations with bitcoin, whales have not been deterred from accumulating sizeable portions. Buying 100,000 coins in less than a month, they now own almost half of the circulating supply. Whales Own Almost 50% of BTC in Circulation Bitcoin whales are typically separated into a few groups. Perhaps the most active one comes from wallets containing between 100 to 10,000 bitcoins. Sometimes, their behavior can determine the price action in the...

Together Canaan and Genesis Digital Assets will strive to deliver and ascertain ease in crypto agreements and transactions.Canaan (NASDAQ: CAN) is one of the major computing solution organizations that deal in delivering high-performance digital communication systems. The company has recently announced that they have received an order to manufacture 10000 Bitcoin Mining Machines for Genesis Digital Assets, a leading organization dealing in Bitcoin mining and distribution. Canaan will process...

Per the laws of El Salvador, salaries, fees, taxes and other payments can be made only via the recognized legal payment methods. Before Bitcoin was adopted, El Salvador had colónes or US dollars as its legal tenders.While crypto enthusiasts are still savoring the victory of having Bitcoin adopted as a legal tender in El Salvador, the Central American’s country Minister of Labor and Social Welfare, Rolando Castro, has on Wednesday cleared a misconception surrounding the country’s readiness to...

Roughly a month after the massive mid-May market crash, when BTC crashed from over $50,000 to $30,000, the general sentiment among traders has normalized to neutral levels. The Fear and Greed index has also returned to a less fearful state. Bitcoin Investors Less Fearful The price of the primary cryptocurrency went through its worst market crash in terms of USD value in mid-May. Negative news coming from Tesla, Elon Musk, more China FUD, and over-leveraged positions...

« Dans cette interview, Sébastien Gouspillou vous livrera son analyse de la fameuse attaque des 51% qui menace le bitcoin et le monde de la crypto. Est-ce un scénario catastrophe ou faut-il simplement la considérer pour ce qu’elle est, une occasion pour bitcoin de progresser et de devenir encore plus résilient et plus stable à terme ? Les cryptomonnaies peuvent-elles encaisser ce genre d’attaques, et tolérer ce genre de faille, sans craindre une perdre de confiance, voire même une...