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Bitcoin (BTC)

Keith Johnson: BTC Has Failed as a Payment Coin, and That’s Good for Competing Assets

Bitcoin has never lived up as a payment coin. The asset – which was initially designed to replace fiat currencies and be used to purchase goods and services – has become so volatile and so vulnerable to price swings, that the very idea of using it as a method of payment has become ludicrous to even the most diehard fans, but according to Keith Johnson of Ternio fame, this paves the way for competing altcoins to step up and serve as payment coins in the future.Johnson Says Competing Altcoins...

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Comment Bitcoin pourrait devenir un vecteur de transition énergétique

« En 2018, Grégory Raymond m’invitait à participer à son podcast, 21 Millions. Il me demandait alors comment le Bitcoin pourrait devenir un vecteur de transition énergétique, en référence à une affirmation de notre site internet. Celle-ci, qui pouvait passer à l’époque pour une pure provocation, méritait une explication. Cette explication fut laborieuse, j’y reviens aujourd’hui. Cette formule...

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Bitcoin Price Dips Below $30K as Wall Street Opens in Red

It’s a bloody day on the markets across the board. Cryptocurrencies experienced substantial losses, while traditional markets also opened in the red, highlighting the current correlation.Bitcoin dipped below $30,000 while the entire capitalization dropped below $900 billion.Cryptocurrency Markets SufferAs CryptoPotato reported earlier today, Bitcoin continued its regress today, sliding by almost 7% at one point. The cryptocurrency dipped to as low as $29,150 on Bitstamp, and even though it...

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Nasdaq CEO Says They May Halt Trading in Case of ‘Increased Social Media Chatter’ Following GME Stock Fiasco

The parabolic increase of GME stocks prompted by retail investors and a Reddit group has caught everyone’s attention, including Nasdaq’s CEO Adena Friedman.She mentioned that the giant exchange could look into potentially halting certain stocks from trading if there’s an increased social media chatter.Nasdaq To Halt Stock Trading On Certain Occasions?CryptoPotato reported earlier that retail investors participating in a Reddit group with over two million subscribers worked against Wall Street...

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Bitcoin Facing Critical Support At $30K, Breakdown Can Lead To $26,000 (Price Analysis)

Bitcoin continues its downtrend movement. Today, the BTC is down almost 7% from the opening price of $32,500, according to Bitstamp. The cryptocurrency failed to close a 4-hour candle above that level yesterday and since then, saw only one direction – down.It eventually plummeted beneath the short-term rising trend line we were tracking over the past few days, which can also be seen as a Head and Shoulders pattern (where the line is served as the neckline). In this case, the target of the...

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Bitcoin is Dead Narrative Weakens as BTC Obituaries Decline 70% in 2020

The “Bitcoin is dead” narrative has received the support of many naysayers and doubters over the years, especially in times when the cryptocurrency’s price has fallen sharply. So far, the hundreds of such assumptions have turned out to be wrong, and recent statistics showed that the number of doubters dropped significantly in 2020, as the asset price exploded to new highs.Bitcoin Obituaries Plummeted In 2020With the emergence of an entirely new investment opportunity called Bitcoin over a...

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BTCPay Server lance un serveur Signet (réseau test de Bitcoin)

BTCPay Server a annoncé aujourd’hui le lancement de son serveur Signet. Plus stable que le testnet, Signet (BIP 0325) est un réseau de test de Bitcoin qui permet notamment (depuis la dernière mise à jour de Bitcoin Core) de concevoir et d’expérimenter des logiciels et des applications autour de Taproot sans avoir à attendre son activation sur le réseau principal [1]. Source :...

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Cathie Wood: Crypto Market Cap Must Reach $2T for Bitcoin ETF to Be Approved

Catherine Wood also praised the newly nominated head of SEC Gary Gensler is “very pro Bitcoin”.The CEO of Ark Investment Management Cathie Wood has said that financial regulators in the United States will not assent to a Bitcoin exchange-traded fund unless the overall market capitalization of the crypto industry hits $2 trillion. This was made known in an ETF Trends Big Ideas event.According to Wood, she doubts if the US Securities and Exchange Commission (SEC) would feel comfortable with the...

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Tron (TRX) Price Analysis: Range Moves Below Key $0.033

Tron price is still facing a strong resistance near the $0.0325 and $0.0330 levels against the US Dollar.TRX price is now trading well below $0.0300 and the 55 simple moving average (4-hours).There was a break below a connecting bullish trend line with support near $0.0302 on the 4-hours chart (data feed via Bitfinex).The pair could revisit the $0.0280 support or even $0.0265 in the near term.TRON price is struggling to gain bullish momentum above $0.0320 against the US Dollar, similar to...

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A DeFi Future or Bust

The start of 2021 has seen a revival of Bitcoin – the major cryptocurrency that acts as a tug for the rest of the crypto market. And though the surge in its price marks an important milestone in its history, a major question remains about the viability of the rest of the market and the phenomenon of DeFi that has led to the popularization of cryptocurrencies as means of payment in 2020.There is no doubt that cryptocurrencies are shrouded in more doubt than opportunity as most participants in...

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