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Bitcoin (BTC)

John McAfee Hit with New Crypto Fraud Charges

John McAfee – a long-time bitcoin advocate and the man behind arguably the most prominent and recognized form of antivirus software in the world – is once again facing charges from the U.S. government. McAfee Is in Hot Water Again McAfee was initially arrested last October. He is now being charged with conspiracy to commit “commodities and securities fraud,” along with several other forms of fraud relating to new digital currencies he was either developing or had already...

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Bitcoin Price Analysis: BTC Needs To Close Above This Level To Continue The Weekend Momentum

Bitcoin price is up by another 6% today, as the cryptocurrency finally reclaims $50,000. Earlier today the cryptocurrency reached over $51,300 (Bitstamp), but quickly retraced from there down to the $50K area. So far, this reflects a 2-day price gain of over $4000 since Friday’s low of $46,400.Quick recap: Bitcoin price started to scale at the beginning of March but couldn’t overcome the resistance around $52,500 at the Golden Ratio (bearish .618 Fib) earlier this week. From there, it started...

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Hong Kong-listed Meitu Bought $40M Worth of Bitcoin and Ethereum

Chinese tech company Meitu has announced a massive purchase of 380 BTC and 15,000 ETH, representing an entry of about 40M USD, as of writing these lines, into the cryptocurrency market.This came just one month after tech mogul Elon Musk, the founder of Tesla, announced that the company would be purchasing 1.5B USD worth of Bitcoin.Although a large Hong Kong-listed firm publicly buying Bitcoin is undoubtedly noteworthy in and of itself, it’s interesting to note Meitu founder Cai Wensheng’s...

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Blockchain Group to Meet With US Treasury Department Executives Over Brewing Regulations

A change in the administration of the world’s most dominant economy potentially spells a new era for nascent technologies like blockchain and cryptocurrency.Incoming regulations and policies can either accelerate growth or impede progress. Fully aware of this, America’s leading blockchain group is taking the bull by the horn. It is taking the plunge to make the Biden administration understand the value of cryptocurrencies.Crypto Trade Group Urges Treasury Secretary To Look Beyond The...

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RGB : DeFi sur Bitcoin ?

Avec : Julien Guitton, fondateur de la crypto-banque Suisse Condensat et contributeur sur le Lightning Network ainsi que le projet RGB. RGB est un protocole dit de troisième couche, car il repose à la fois sur le protocole Bitcoin mais peut également utiliser le Lightning Network pour son fonctionnement. Il s’agit d’une plateforme de contrats intelligents qui ambitionne de résoudre à la fois le problème de scalabilité lié à tout structure de données « Blockchain » et le manque...

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Le Sénat des Etats-Unis approuve un plan de relance de 1900 milliards de dollars

Le Sénat de Etats-Unis a approuvé hier le plan de relance de 1900 milliards de dollars de Joe Biden. Le texte passera la semaine prochaine à la Chambre des représentants à majorité démocrate puis sera promulgué d’ici le 14 mars. Outre 63 milliards destinés à la lutte contre la pandémie, le plan de relance prévoit des chèques de 1 400 dollars pour des millions d’Américains, ainsi que 350 milliards...

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Bitcoin Explodes Above $50,000 as Total Market Cap Adds $100B In 24 Hours (Market Watch)

After flirting with the coveted $50,000 price tag, BTC has initiated a leg up that has spiked the price above it. Will this flit be longer than the last ones? only time will tell.Meanwhile, most altcoins have also followed their leader on its way north. Ethereum, the second-largest crypto, has neared $1,700 just two days after bottoming at $1440. The total market cap has added $100 billion in a day.Bitcoin Takes Down $50K (Once Again)Ever since BTC retraced by $7,000 from the $52,500 price...

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US Senate Approves $1.9T COVID-19 Relief Package: How Could It Affect Bitcoin?

While the COVID-19 pandemic has slowed down markets worldwide, especially the US stock market, several investors and traders went after alternative assets and options that could provide them a better store of value.The United States Senate approved by a 50-49 party-line vote a $1.9 trillion coronavirus stimulus check, a plan already announced by Joe Biden at the beginning of January. This COVID-19 package relief includes the third round of stimulus checks that will be passed to president...

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Most of the New Bitcoin Buyers Didn’t Panic Sell in 2021, Glassnode Finds

The morale among bitcoin hodlers remained high during the market correction. Most of those who acquired tokens this year were unwilling to let go of them, even if Bitcoin had its worst registered price drop..A chart shared by blockchain analytics firm Glassnode revealed that most of those who bought bitcoin in 2021 have not sold them. If a strong hodl spirit in the middle of a volatile market seems odd, The SOPR (Spent Output Profit Ratio) metric could offer an explanation.HODL,...

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Neptune Digital Assets Corp. Is Ready to Mine Some Crypto

Canadian company Neptune Digital Assets Corp. is partnering up with Link Global Technologies to engage in crypto mining operations. Neptune and Link Are Hooking Up to Mine Crypto As the price of bitcoin has exploded in recent months, the prospects of mining crypto are suddenly looking rather positive. The higher the price of a certain coin, the more profitable it is to mine, so right now, one can assume that anyone extracting new coins is making a nice living for...

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