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Bitcoin (BTC)

Bitcoin Price Analysis: BTC Signaling Sharp Downside Correction

Bitcoin price is struggling to clear the $37,800 and $38,000 resistance levels against the US Dollar.The price is now trading well below $36,000 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with support near $35,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could decline sharply if it clears the $35,200 and $35,000 support levels.Bitcoin price is slowly moving lower below $36,000 against the US Dollar. BTC could...

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Over 31% of People in Latin America Want to Invest in Bitcoin

Despite being an underdeveloped region, Latin America sets an example for the whole world in terms of adoption, trading, and interest in cryptocurrencies.A recent survey revealed that more than 30% of Latinos are interested in investing in crypto, either to increase their wealth or at least to maintain its value in times of economic instability.The study, commissioned by Sherlock Communications, includes a survey of more than 2,200 people in Argentina, Brazil, Colombia, and Mexico to...

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Analysts: 2021 May Not Be the Year for a Bitcoin ETF

Various analysts are warning traders that they shouldn’t expect a bitcoin exchange-traded fund (ETF) this year. Despite bitcoin doing better than ever – it’s now trading in the high $30,000 range – such a product is still likely to carry several red flags wherever it goes.A Bitcoin ETF May Not Happen This YearTodd Rosenbluth – head of ETF and mutual fund research at CFRA Research – explained in a recent interview that the Securities and Exchange Commission (SEC) is becoming even pickier when...

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UK’s National Health Service to Monitor COVID-19 Vaccines with Hedera DLT

UK’s National Health Service is planning the implementation of an Internet of Things project to build and manage COVID-19 vaccine provisions. The solution will use a pubic distributed ledger network – Hedera Hashgraph.Monitoring COVID-19 Vaccines Supplies Using DLTAccording to an official announcement, the UK’s National Health Service (NHS) will aim to digitally monitor its supplies of COVID-19 vaccines in the months to come. Using the public DLT network Hedera Hashgraph, a digital asset...

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Jack Dorsey Is Sticking with BTC Despite Recent Dip

Bitcoin has recently fallen from its $40,000 high and is now trading for about $4,000 less at $36,000. Despite this little setback, Jack Dorsey – the bearded CEO of both Square and social media giant Twitter – says he’s sticking with the coin and is refusing to rescind his support.Jack Dorsey Still Has “Passion” for BTCIn a recent tweet, Dorsey comments that he’s maintaining his “passion” for the world’s largest and most popular digital currency by market cap, claiming that it’s likely to...

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Starlink: Schnelles Internet in abgelegenen Regionen?

Bitcoin aus dem Weltall: Ein alternativer Kanal für Transaktionen Dank Starlink soll schneller Internet-Zugang bald auch in abgelegenen Regionen Tatsache werden. Fotoquelle (c) Starlink Der Gründer von PayPal, Tesla und SpaceX Elon Musk hat bereits 500 – 1’000 Starlink-Satelliten ins All geschossen. Mit der Satelliten-Technik wird schnelles Internet bald auch in abgelegenen Regionen wie auf dem Land möglich. Wobei schnelles Internet nicht...

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e-Toro Is Looking to Possibly Limit How Much BTC You Can Buy

e-Toro – one of the world’s largest cryptocurrency trading platforms – has put out a notice to its customers warning them that the company may be instilling various limits on purchase orders in the coming weeks.e-Toro: We May Have to Implement Buying LimitsThe announcement came in response to what the company calls an unprecedented demand for bitcoin and cryptocurrencies. With the recent spikes experienced by bitcoin (the asset is currently up to $36,000, about 300 percent higher than where...

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Table ronde : l’utilisation des cryptos au quotidien

« Pour démarrer cette année en beauté, nous parlerons cryptos en ce mois de janvier : Quelles sont leurs utilisations possibles au quotidien. Quels progrès ont été faits (carte de paiement en crypto…) ? Quel est leur avenir ? » Table ronde en ligne organisée par Blockchain & Société Nantes et animée par Damien Lecan Avec :– Laure Merlin, de PlayMyTech– Pierre Seznec, de Unik Name– Konohime,...

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Bitcoin Price Analysis: BTC’s Triangle Formation Is Likely To End With a Huge Move

While the crypto market is celebrating a new all-time high to the second-largest crypto, Ethereum, Bitcoin saw a minor 3% price spike over the past 24 hours as it trades slightly below $38K. On a larger scale, BTC has been trading sideways for the past 12 days after nailing its ATH level at $42,000 On January 8, 2020.From there, Bitcoin started to consolidate as it forms a giant symmetrical triangle pattern, as can be seen on the following 4-hour chart. Over the weekend, Bitcoin fell from the...

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Long Bitcoin Unseats Tech Stocks as the Most Crowded Trade in January, BofA Reports

Trading above $35,000, Bitcoin continues to pass milestone after milestone as reports show that the cryptocurrency received the most capital inflow this month compared to tech stocks and traditional investments. Long Bitcoin Wins Most Crowded TradeA recent survey conducted by the Bank of America on fund managers with over $500 billion in AUM reveals that investors are bullish on Bitcoin’s price in the long term. The study shows that “long bitcoin” dethroned “long tech” as the most crowded...

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