Bitcoin (BTC)

Bitcoin’s price has been consolidating above $60K over the last few months. Yet, the price has broken below the level today, and investors are in a state of panic, wondering if the bull market is over. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has created a large descending channel pattern since March. Yet, it has broken it to the downside, and the cryptocurrency is aggressively dropping toward the $52K support level. The 200-day moving...

The crypto market has faced a massive correction over the past month – and new investors are proving incapable of stomaching the volatility. Blockchain data show that 2024 Bitcoin buyers, who entered a raging early-year bull market in which Bitcoin (BTC) surged to a new all-time high, are now panic selling at a loss as the asset’s price reverses course. Paper Hands Bitcoin Buyers According to Glassnode, on-chain “realized losses” have surged over the past two months during...

The Federal Reserve decided to maintain its benchmark interest rate of 5.25%% to 5.5% at the highly anticipated Federal Open Market Committee Meeting (FOMC) on Wednesday, following a fearsome 6% drawdown in Bitcoin’s price earlier that day. Within five minutes of the announcement, Bitcoin’s price rose from $57,300 to $57,700 Per a press release, the central bank said it also plans to slow down the rate at which it sells US Treasury securities starting in June, reducing its...

In the world of online gambling, transparency and fairness have long been critical concerns among players. However, with the integration of blockchain technology in the iGaming industry, a new era of trust has emerged. Provably fair Bitcoin casinos like Crypto.Games leverage this technology to offer a new level of transparency. By using cryptographic algorithms, these casinos allow players to verify the fairness of each game outcome through seeds and hashes. This...

As the crypto market remains favorable and Bitcoin reaches new heights, altcoins and memecoins are also gaining popularity. In this situation, investors are always opting for fresh chances and possible treasures that might provide larger profits. PEPE and SHIBA INU, two major memecoins that have drawn interest from traders, are gradually falling. In the middle of the chaos, one new currency is popping up: BEFE. BEFE is a strong choice for investors looking for...

As Chainlink (LINK) faces selling pressures following a brief surge and Cardano sees an increase in volume that stirs investor optimism and sustainability concerns, BlockDAG emerges as a formidable player in the cryptocurrency realm. With its innovative X1 mobile mining app, BlockDAG transforms everyday smartphones into effective mining tools, enabling users to mine up to 20 BDAG coins daily. Chainlink’s Price Dynamics: 20% Surge and Its Implications Chainlink...

Solana price gained bearish momentum below the $140 level against the US Dollar. The price is now trading below $132 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $130 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but the upsides might be limited above the $145 resistance. Solana price is trading in a bearish zone below $140 against the US Dollar, like...

Roger Ver, fondateur de Bitcoin​.com, a été arrêté le week-end dernier en Espagne. Il serait actuellement en attente d’une extradition vers les États-unis où il est accusé d’évasion fiscale par l’IRS. Roger Ver est connu pour avoir acquis dès 2011 de grandes quantités de bitcoins alors qu’il était propriétaire de MemoryDealers.com Inc. et Agilestar.com Inc., deux sociétés qui vendaient du matériel...

A griefing attack on the Bitcoin testnet recently caused a surge in network activity, resulting in the generation of over 165,000 blocks, equivalent to three years’ worth of blocks in just one week. The attacker, Jameson Lopp, co-founder and Chief Security Officer of Casa, publicly took credit for the incident, facing backlash from other Bitcoin developers. Lopp Defends Attack as ‘Trivial Exploit’ Speaking on the decentralized social media platform Nostr, Lopp described the...

The trading day continues in an even more painful manner for bitcoin as the primary cryptocurrency took another hit and slumped to its lowest price position in over two months of under $59,300. The altcoins’ situation is worse, with ETH dropping below $3,000, SOL dumping by 8%, and a few double-digit price declines. Bitcoin/Price/Chart. Source: TradingViewIt was just earlier today when the bitcoin bulls had taken charge and initiated an impressive leg up that resulted in the...