Litecoin price started a fresh increase from the $125 support zone against the US Dollar.LTC price is now trading well above $140 pivot level and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $140 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct lower, but it is likely to remain stable above $145 and $142.Litecoin price is showing positive signs above $145 against the US Dollar, similar...
Read More »Miami’s Mayor Considering Paying Salaries and Accepting Taxes in Bitcoin
Miami’s Mayor Francis Xavier Suarez is ready to put his city in the spotlight of technology lovers and entrepreneurs and Bitcoin could be his new venture.Suarez recently told the press that as he sees it, Bitcoin could become the “biggest story of the next few years.” and according to a Forbes review, the use of Bitcoin as a means of payment for public employee salaries could be one of the steps to be taken on Suarez’s path to turning Miami into the next Silicon Valley.The Road to a...
Read More »Patrick Hughes, NYC Bar Owner, Looks to Retire with Bitcoin’s Help
One man in New York has become such a crypto fan that he’s looking to sell his businesses and retire with digital currency’s help. Patrick Hughes, 56 years old and living in New York, has two bars side by side within the state’s Hell’s Kitchen area. One is known as Hellcat Annie’s, while the other is called Scruffy Duffy’s. He’s selling both bars for about 25 BTC or 800 Ethereum units. That’s approximately $1.12 million at the time of writing.Patrick Hughes Is Selling His Bars for BTCLike...
Read More »Ethereum Price Tops $1600 as Grayscale Adds $38 Million in ETH
Grayscale Investments continues expanding its Ethereum Trust to accredited investors, adding over $38 million worth of the surging digital currency to its portfolio.Grayscale Investment Adds Ether Worth $38 Million Grayscale Investment has set the ball rolling to its Ethereum Trust (ETHE) after about a month of ceasing its inflows. Shortly after making the headlines for adding over $1 billion in a week to its Bitcoin position, Grayscale seems to have their eyes fixed on the next target.Recent...
Read More »Hedge Funds Are Seemingly Working Against Bitcoin
Bitcoin has been booming as of late. Since last October, the world’s number one digital currency by market cap has been surging like no other asset on planet Earth. This has been both a good and a bad thing in the sense that it has allowed a lot of crypto holders to get rich and expand their portfolios.Bitcoin May Have Some Opposition from Hedge FundsHowever, it’s also had a negative side in that several hedge funds are now attempting to short the currency and bet against it. After all, when...
Read More »Comprendre le Lightning Network – Episode 2
« Comprendre le Lightning Network est une série de courtes vidéos visant à expliquer le fonctionnement du Lightning Network de Bitcoin. Dans ce second épisode, un peu hors série, nous prenons le temps d’étudier comment fonctionnent réellement les transactions Bitcoin, ce qui nous sera bien utile pour comprendre Lightning. Nous nous attardons aussi un instant sur la notion d’adresse multi-signature, qui est capitale pour comprendre le prochain épisode, qui sera consacré à...
Read More »Elon Musk: BTC Will Soon Be Truly Loved By the Public
One of the biggest problems for crypto traders is the fact that some leading technical experts – such as Elon Musk – are seemingly unable to make up their minds about bitcoin. Is it good? Is it bad? They seem to be going back and forth all the time, which inevitably causes the currency to experience price fluctuations that can make life difficult for hardcore traders and buyers.Elon Musk: I’m a Bitcoin SupporterBut in recent days, the South African entrepreneur has been rather clear about...
Read More »Analyst: $32.4K Was The Short-Term Bottom For Bitcoin Price
The Coinbase outflows to custodial wallets, considered by CryptoQuant as an adequate price prediction tool, have caught the latest price increase that drove BTC from $32,000 to $37,000 in a few days.The CEO of the analytics company attributed this to institutional demand and said that such purchases are among the most notable bullish signals.Coinbase Outflows: Game Changer?Ki Young Ju, the CEO of CryptoQuant, has repeatedly highlighted the importance of Coinbase BTC outflows. He explained...
Read More »Bitcoin Price Climbs Above $36,000 Just after Ethereum Touches New High
Bitcoin has been the topic of conversation across the finance world as many business tycoons have voiced out their opinions on the digital coin which largely remain positive.Bitcoin price is headed up after a few days of sideways trading as is Ethereum, which saw a new high after closing above $1,500. Bitcoin has seen green for some days now and looks set to continue after bulls pushed its price to smash a key resistance level of $35,00. Bitcoin saw its price rise from $33,459 to $35,824...
Read More »Visa to Pilot Crypto API Enabling Institutions and Banks to Buy Bitcoin This Year
The world’s leading payment processor, Visa, has announced a partnership with First Boulevard – a digital neobank that is focused on building generational wealth for the Black Community.The aim of this collaboration is to pilot Visa’s new suite of cryptocurrency API’s that will enable the company’s customers to purchase, custody, and to trade digital assets held by Anchorage.Anchorage is a federally chartered digital asset bank.As CryptoPotato reported last week, the company said that it...
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