Bitcoin (BTC)

Bitcoin’s decline continued in the past 24 hours as the asset dumped below $30,000 for the first time since early January. Most altcoins are also covered in red, and the total market cap has plummeted to $900 billion – meaning a decrease of over $100 billion in a day.Bitcoin’s Drop Took It Below $29KJust a few days ago, BTC attempted to overcome the $38,000 price tag but to no avail. Ever since that rejection, the cryptocurrency has been gradually decreasing in value.The situation worsened in...

Bitcoin cash price declined heavily below $500 and $450 against the US Dollar.The price is holding the key $400 support, but it is well below the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support near $490 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to recover sharply as long as it is above the $400 and $385 support levels.Bitcoin cash price is down over 20% from well above $500 against the US Dollar,...

Bitcoin and crypto markets are bleeding out this Friday morning as the selloff which initiated on Thursday, January 21, has continued with fervor into the Asian trading session.Bitcoin has shed a whopping $6,500 since the same time yesterday as it dumped to $29,000. The intraday high for BTC was $35,500 according to Tradingview, and it has currently reclaimed the $30k level.Chart – Tradingview.comFirst 30% Correction In 2020-2021 Bull RunSince its all-time high of $42,000, which was recorded...

​Janet Yellen, President Joe Biden’s U.S. Treasury Secretary nominee, seems to have balanced her statements about Bitcoin and crypto, after her previous negative rhetoric about the emerging technology.Janet Yellen Acknowledges Crypto’s BenefitsIn a written response to the U.S. Senate Finance Committee on Thursday (Jan. 21, 2021), Yellen stated that cryptocurrencies had benefits that needed to be explored. Yellen added that the emerging technology had the potential to “improve the efficiency...

As of late, the bitcoin space is getting bigger than ever. While the currency’s price has sunk down a little bit from $40,000 to about $34,000 at the time of writing, the fact is that many people have now been bitten by the “bitcoin bug,” and they’re looking to take advantage of the currency’s many benefits and characteristics.FOMO Is Hurting the Bitcoin SpaceHowever, are they getting involved for the right reasons? Recently, one source put out a story regarding why so many newbies are...

Mit der neuen Bitpanda Card können Nutzer erstmals ihre Investments sofort und überall ausgeben Diese Woche verkündete Bitpanda, Europas führende Plattform für digitale Investments, dass von nun an Vorbestellungen für das erste physische Produkt des Unternehmens angenommen werden: die Bitpanda Card (*). Die Bitpanda Card ist eine Debitkarte des führenden Unternehmens in der Finanztechnologie, Visa. Nutzer können die Karte mit jedem Asset...

Recently, Live Bitcoin News put out a story talking about how strong Ethereum has been over the past few weeks. While BTC has largely been hogging the spotlight and traders and crypto fans everywhere have been talking about how strong it’s been, Ethereum – in many ways – has outdone the jumps and price swings of bitcoin, gaining roughly 300 percent in value in just the last few months alone.Ethereum Has Surged Like There’s No TomorrowNow, the currency is trading at its highest point in...

Analysts at JP Morgan have argued against Bitcoin’s (BTC) value proposition as a competitor to gold, saying the largest crypto by market capitalization is not a suitable hedge during periods of market uncertainty.Bitcoin is Least Reliable as a Hedge During Market CrunchesAccording to Bloomberg, JP Morgan strategists John Normand and Federico Manicardi have issued a report classifying Bitcoin more as a risk-on asset than as a hedge against market uncertainties. As part of their analysis, the...

Bitcoin and tech stocks like Tesla have had an extremely strong year in 2020, but according to a recent survey released by Deutsche Bank, both investing products are looking more like bubbles.Deutsche Bank Isn’t Crazy About Where BTC and Tesla Are HeadedBitcoin rose more than 300 percent since the beginning of last year, while Tesla surged even further and gained about 700 percent. Deutsche Bank and the respondents taking part in the survey – roughly 89 percent of them – believe that these...

Podcast réalisé par Grégory Rozières et Matthieu Balu pour L’enver(t) du décor, le podcast environnement du HuffPost. « Créé en 2009 après la crise financière afin de proposer une alternative aux banques et au système financier, le Bitcoin fait régulièrement parler de lui quand il atteint de nouveaux sommets. Mais en dehors de son aspect spéculatif, cette cryptomonnaie est aussi régulièrement...