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Bitcoin (BTC)

Bitcoin Price Analysis: BTC Eyes More Upsides Above $16K

Bitcoin price started a strong increase above the $14,000 and $15,000 resistance levels against the US Dollar.The price is now trading well above the $15,000 support and the 55 SMA (H4).There is a key bullish trend line forming with support near $15,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but there are high chances of more upsides towards $16K.Bitcoin price is showing bullish signs above the $15,000 zone against the US...

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Hong Kong Seeks to Regulate All Future Crypto Activity

Hong Kong says that it is looking to regulate all crypto activity from here on out. This is a massive distancing of itself when compared with the activity occurring in mainland China, which has largely sought to ban crypto activity outright.Hong Kong Is Changing Its Attitude Towards CryptoHowever, Hong Kong is looking to be a separate entity given the amount of protests regarding Chinese government interference that has taken place over the last two years. Thus, it makes sense that whatever...

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Webinaire de l’ADAN sur les relations entre le secteur bancaire et l’industrie des actifs numériques

Quand ? – Jeudi 12 novembre 2020 de 18h00 à 19h00. Inscription : eventbrite.fr L’ADAN, Association pour le développement des actifs numériques, présentera son rapport sur les relations entre le secteur bancaire et financier et l’industrie des actifs numériques. Depuis la création du Bitcoin et les premiers projets entrepreneuriaux autour des technologies blockchain en France, l’industrie...

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Bitcoin Price Analysis: 3 Bearish Signs Suggest $14.6K Retest is Coming

Bitcoin is currently resting along the support of what appears to be an early ascending triangle. Although this pattern is typically a bullish continuation formation, there are 3 concerning factors that suggest BTC prices are about to tumble. (1) There’s substantial divergence on the 4-hour RSI that indicates the current trend is particularly weak (yellow line on indicator). (2) Prices are now pushing sideways after yesterday’s failed attempt to close above the former close...

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Square Earned a Lot of Bitcoin-Related Profit During Quarter Three

Square – a company owned and operated by Twitter mogul Jack Dorsey – says that approximately 80 percent of its quarter three Cash App revenue came from bitcoin and related crypto transactions.Square Is Making A Huge Mark on Crypto Enthusiasts EverywhereSquare has been making a serious mark in the crypto world as of late given that it recently bought as much as $50 million worth of the digital currency, continuing a trend that was originally started by the likes of enterprises like...

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Wall Street lobt den Wert von Bitcoin

Charging Bull, auch als Wall Street Bull oder Bowling Green Bull bezeichnet, ist eine Bronzestatue von Arturo Di Modica (* 1941), die im Bowling Green Park im Financial District in Manhattan, New York City steht. Sie wurde ursprünglich als Streetart aufgestellt. Bitcoin hat sich in diesem Jahr stark erholt, und dies wurde von einer Reihe renommierter Investoren an der Wall...

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Ripple CEO Criticizes Bitcoin Intensive Energy Prior to Biden’s Administration

Ripple CEO Brad Garlinghouse believes that Joe Biden will take climate change issues seriously.Brad Garlinghouse, Ripple CEO, recently asserted that his company is ready to align with the new administration policies once Joe Biden assumes the Presidency office.Since the Biden administration taking office in January would be more environmentally-conscious, Ripple CEO advises corporations not to make the costly mistake of converting cash to Bitcoin (BTC). In a Monday tweet, Garlinghouse stated...

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PayPal Says It Will Incorporate Venmo Into Its Crypto Systems

As we all know by now, PayPal has announced that it’s planning to allow users to buy digital currencies through it’s platform. In addition, people can pay for goods and services with digital currencies. However, it appears the platform is also really looking to expand its overall crypto presence.PayPal Says Venmo Is ComingThis has been established in the fact that it has acquired a conditional Bit License and that it’s looking to potentially purchase Bit Go and other crypto custodial firms,...

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Bitcoin Demand Getting Stronger, Admits Ex-Australian Senator

Cory Bernardi, an Australian politician, recently said that he became a bitcoin faithful in the last few years and he believes BTC demand is getting stronger. Bitcoin continues to find its way to the heart of mainstream politics across the world as former Australian Senator Cory Bernardi reveals today in a tweet that he has been a bitcoin convert for at least two years. Bitcoin Demand On The Rise He said this as a response to a comment on a Twitter post where he wrote about...

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Why Stablecoins Are More Popular Than Ever

Stablecoins have seen their utility climb dramatically in recent months, partially thanks to the explosion of innovation in the decentralized finance (DeFi) industry.In the last year, the market capitalization and daily trading volume for most major stablecoins have skyrocketed as demand for price-stable crypto assets increased dramatically at this time.Stablecoins are now used by several million cryptocurrency holders, and account for almost 40% of all cryptocurrency trading volume, while...

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