The cryptocurrency community has shown the highest optimism levels towards bitcoin in the past few days after the asset lost over $16,000 of value. At the same time, the popular fear and greed index has gone into an “extreme fear” territory. Crypto Investors Optimistic on Bitcoin? Ever since the primary cryptocurrency reached its latest all-time high in mid-April of $65,000, it has failed to sustain its 2020/2021 bull run. Just the opposite, the asset started to gradually...
Read More »Litebit, Just Mining et Deskoin enregistrés en tant que PSAN
La société néerlandaise Litebit et les startup françaises Just Mining et Deskoin sont désormais enregistrées en tant que PSAN (Prestataires de Services sur actifs numériques) auprès de l’AMF pour la conservation d’actifs numériques, l’achat/vente d’actifs numériques contre monnaie ayant cours légal et l’échange d’actifs numériques contre d’autres actifs numériques. Se présentant comme une...
Read More »Stellar Lumen (XLM) Price Stable Above $0.60, More Gains Possible
Stellar lumen price corrected lower from the $0.8000 resistance zone against the US Dollar. XLM price is now trading just below $0.6800 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.6200 on the 4-hours chart (data feed via Kraken). The pair is likely to accelerate higher above the $0.6850 and $0.7100 resistance levels. Stellar lumen price is holding ground above $0.6000 against the US Dollar, similar to...
Read More »The Idea That Bitcoin Can Fight Inflation Is Being Questioned
Over the past year, people have really rejected the idea that bitcoin is just a speculative tool. Many are now looking at it through a new lens and see it as a hedge tool; something that can keep one’s wealth stable during times of economic strife. Bitcoin Has Been Tanking… The ongoing challenge of inflation – which has been prominent ever since the coronavirus pandemic first began striking against our global financial markets – has caused many people to see bitcoin as...
Read More »Top Bitcoin Mining Pools Are Signaling for Taproot Activation
9 out of 10 of all Bitcoin (BTC) mining pools have been signaling for taproot activation, an upgrade that could highly improve network scalability and privacy. However, its activation seems unlikely during the Difficulty Epoch for Bitcoin. The latest mining pool to signal Taproot activation is BTC. Top, which did so on block height 683,945. Other top mining pools like F2pool and Antpool have previously shown support for the soft fork upgrade, which would give more flexibility...
Read More »Taproot avance, mais ne sera pas verrouillé ce mois-ci
Si la signalisation de Taproot [1] évolue positivement, cette progression est encore insuffisante pour verrouiller dès ce mois-ci cette mise à jour majeure du protocole Bitcoin. La première période d’essai s’est achevée le 13 mai sur taux de signalisation bien en dessous des 90% requis. Depuis, en dépit d’une progression notable (plus de 75% de la puissance de calcul signale Taproot aujourd’hui), la période en cours s’achèvera également...
Read More »For Big Investors, the Recent Bitcoin Drop Presents More Buying Opportunities
Bitcoin has fallen deeply into a state of oblivion. Once trading for well over $64,000, the world’s number one digital currency by market cap has lost nearly $20,000 in value since last month and is presently trading for just over $47,000. Bitcoin Is Still Being Bought Up Among many analysts is an attitude of gloom and doom. Some consider the end of bitcoin to be near, while other largescale investors – such as Michael Saylor of MicroStrategy fame – think that this is...
Read More »Anthony Scaramucci: BTC Is Still the Crypto to Own
Bitcoin just keeps falling into oblivion. At the time of writing, the world’s number one digital currency by market cap has dropped into the $47,000 range, which is lower than it has been in quite a long time – especially considering at around this time last month, the asset was trading for well over $64,000. However, it was expected that BTC would undergo a hard correction considering how fast it moved up, and Anthony Scaramucci of Sky Bridge Capital believes the asset...
Read More »Elon Musk on Bitcoin Decentralization: from Hero to Villain
In response to the energy use claims by Elon Musk, crypto investor and advocate Peter McCormack shared a Twitter thread explaininyg wh he considers that Elon Musk is uninformed in many Bitcoin-related aspects.Events in the blockchain and cryptocurrency ecosystem are as volatile as the prices of the underlying assets that make up the space. Elon Musk, the Chief Executive Officer of electric vehicle maker, Tesla Inc (NASDAQ: TSLA), who became a crypto hero and advocate back in February when the...
Read More »Bullish for Bitcoin? 39 Million US Households to Receive up to $3.6K Monthly Stimulus Starting July 15th
A new rule under the hat of the COVID-19 relief bill will see 39 million US households receive up to $3,600 monthly starting from mid-July. Given the history between BTC’s price appreciation since the first-ever stimulus bill, the narrative rises now if this latest endeavor will push bitcoin higher again. 39M American Families to Receive up to $3.6K Per Month The COVID-19 pandemic pushed the US government (and many others) to undertake extreme measures to help alleviate the...
Read More »