Bitcoin (BTC)

Bitcoin price started a fresh increase above the $52,000 resistance zone against the US Dollar. The price is now trading well above $52,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $51,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue higher above the $55,000 and $56,000 levels in the near term. Bitcoin price started a fresh rally from $43,000 against the...

Since the latter half of 2020, we have seen several largescale businesses pledge their support for bitcoin. Between MicroStrategy, Square and others, the world is filled to the brim with companies that see the world’s number one digital currency as much more than just a standard, speculative asset, and now Aker ASA, a billion-dollar industrial holding company, is the latest enterprise to suggest that the currency is something special. Aker ASA Is the Latest...

Two of the largest cryptocurrency exchanges in the world – Binance and Coinbase – appear to be duking it out over cryptocurrency. The Coinbase Premium Has Got Some People Worried Binance is based in Asia, while Coinbase is in North America. The two territories are arguably fighting over the status of bitcoin and where it goes in the future, and analysts are warning about which platform to work with depending on what the asset’s price will be. Industry heads are...

Jack Dorsey, the CEO of one of the largest social media platforms, Twitter, will be converting the proceeds of the sale of the genesis tweet in Bitcoin and donate it to the GiveDirectly’s Africa Response Campaign.Earlier during the weekend, CryptoPotato reported that Jack Dorsey has put up the genesis tweet for sale.This became possible through a platform that allows individuals to tokenize and sell their tweets in the form of a non-fungible token (NFT).At the time, Justin Sun, the founder of...

We keep hearing about companies that are accepting bitcoin and cryptocurrencies as forms of payment. Now, another firm – Gaucho Group Holdings, Inc. – is being added to the list of enterprises that see BTC in the same light that they would cash or credit cards. Gaucho Paves the Way for BTC Payments From the very beginning of their creation, cryptocurrencies were designed to one day replace fiat and other standard forms of payment. It was originally thought that a person...

It’s been approximately one year since the COVID-19 threat infiltrated the Western World and caused massive disruptions. Consequently, it has been a little less than twelve months since the US government initiated considerable relief packages and sent $1,200 to every adult earning less than $75,000 per year.While highly unlikely, this particular amount could have resulted in mindboggling returns if the US citizens had decided to allocate the funds in some assets. One stands out the most as...

Le groupe industriel norvégien Aker ASA, particulièrement actif dans l’industrie du pétrole et du gaz, a annoncé hier la création de Seetee AS, une société dédiée à l’investissement dans des projets et des entreprises de tout l’écosystème Bitcoin. Initialement capitalisée à hauteur de 500 millions de couronnes norvégiennes (58 millions de dollars) la société « conservera tous ses actifs liquides en Bitcoin ». Seetee a d’ores et déjà établi...

To say that Bitcoin steals the spotlight of stocks and most other assets would be an understatement. The biggest cryptocurrency by market cap reached its all-time high price of $58,012 and valued at $1 trillion in February. Although its price tumbled to $43,000, following the footsteps of the stock market, Bitcoin has gained over 1200% from its in the past years. Still, market sentiments are divided on whether Bitcoin is a scam or the very tool to transform our payment...

The cryptocurrency market started the week on a good note with Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization breaking past the $50,000 psychological level, a great rebellion from the bear forces that has kept it down for days.The market has received renewed energy, and the appropriate palliatives to chart a new course evident in the current price movements today. At the time of writing and according to the price feeds obtained from CEX.IO, Bitcoin is trading at...

Bitcoin saw a 7.5% price increase today as the cryptocurrency raised by a total of $1,640 to climb back above $54,000, for the first time since February 22.Looking at the past trading days, BTC had bounced from support at $47,200 (.382 Fib) over the weekend as it closed the daily candles above the critical 20-day EMA. On Sunday, it managed to break above $50,000 once again, which allowed it to push higher and close yesterday’s candle at $52,480 (bearish .618 Fib Retracement and crucial...