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Bitcoin (BTC)

Ethereum Price Rises 13% Trying to Hit $3,000, ETH Looks to Flip Bitcoin

After the recent crash of the crypto market, Ethereum price has recovered and ETH is now trading above $2800 for the first time in recent weeks.In the past few weeks, ETH, the second-largest crypto asset by market cap, has been trading below its all-time high. During this period, the value of the asset went as low as $1,755 after its ATH of over $4,400. This ETH price correction followed that of Bitcoin which also saw its price drop to a 3-months low.However, as of this morning, Ethereum that...

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Iran Temporarily Bans Crypto Mining Until Sep 22 Ahead of Peak Electricity Demand Season

After blaming BTC mining for electricity blackouts and sending spies to hunt down illegal miners, Iran has placed a temporary ban on such endeavors in its borders. According to a Bloomberg coverage, the Iranian government has placed a ban on all cryptocurrency mining endeavors until September 22nd. The ban is effective immediately and comes ahead of the country’s highest energy consumption season. This is Iran’s most strict attempt to reduce crypto mining, which soared in...

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‘Time to Buy Bitcoin’ Luno Ads Banned in the United Kingdom

The UK’s Advertising Standards Authority (ASA) banned the trendy ”time to buy Bitcoin” Luno ads. The country’s officials called them ”irresponsible” and sounded an alarm of caution for inexperienced investors. No More BTC Ads The UK’s Advertising Standards Authority introduced severe restrictions for the crypto space in the past year. The British daily newspaper – The Guardian – reported today that ASA continued with its tough stance towards digital assets and banned the...

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Tron (TRX) Price Analysis: Bulls Facing Hurdles Near $0.092

Tron price extended its decline below the $0.1000 and $0.0900 support levels against the US Dollar. TRX price is now trading well below $0.1000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0900 on the 4-hours chart (data feed via Bitfinex). The pair is likely to face a strong selling interest near the $0.0900 and $0.0920 levels. TRON price is showing negative signs below $0.1000 against the US Dollar,...

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Crypto Market Cap Recovers $600B in Three Days as Bitcoin Tops $40,000 (Market Watch)

It has taken bitcoin five days to recover the most recent losses and jump above $40,000. Most altcoins are well in the green, too, with Ethereum reaching $2,900 and BNB nearing $400. Bitcoin Tops $40K The primary cryptocurrency experienced numerous corrections in the past few weeks. The latest started on Friday following more FUD from China. In a matter of hours, bitcoin fell from $42,000 to a daily low of $34,000. The situation worsened during the weekend, and BTC slumped to...

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Bitcoin Price Analysis: BTC Eyes Upside Break above $40K

Bitcoin price started a steady recovery from the $31,120 zone against the US Dollar. The price is now testing the $40,000 resistance zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $36,900 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to clear the $40,000 resistance and continue higher in the near term. Bitcoin price is attempting an upside break above...

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Surfin’Bitcoin 21

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. La première journée sera consacrée aux aspects techniques de Bitcoin, à ses améliorations et aux protocoles dit de « seconde » voire de « troisième couche ». Elle s’achèvera par un cocktail dinatoire. Programme du jeudi 26 août 1. Le Lightning Network et son écosystème2. Bitcoin et la...

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Alex Taub Spent BTC On Knicks Tickets; He Seems to Regret That Decision

It is rare that bitcoin is used for commercial purposes. Despite being initially designed to replace credit cards and fiat for the purchasing of goods and services, it seems like there are so few stories involving bitcoin being utilized as a payment method, and when they come to our attention, they usually stem from several years ago. Such is the case for Alex Taub and the New York Knicks tickets he bought with bitcoin in the year 2013. Alex Taub and His Bitcoin Journey...

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Lawrence Summers: Crypto Could Play a Pivotal Role in Global Markets

At the present time, bitcoin is suffering like it never has before. The world’s number one digital currency by market cap has fallen into oblivion after trading at its highest level of approximately $64,000 per unit in April. It is now currently selling for about $37,000 per unit. Many analysts, it seems, are beginning to write the currency off, but according to former U.S. Treasury Secretary Lawrence Summers, bitcoin and other cryptocurrencies could very well live up to...

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