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Bitcoin (BTC)

Bitcoin Price Analysis: BTC Correcting Gains, Key Support Nearby

Bitcoin price started a downside correction after it topped near the $12,489 level.The price is declining and it is trading below the $12,000 level and the 55 SMA (H4).There is a crucial bullish trend line forming with support near $11,640 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must stay above the $11,640 and $11,400 support levels to start a fresh increase.Bitcoin price is currently correcting lower from the $12,500 barrier against the US Dollar. However,...

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George Ball of Prudential Fame on the Safety of BTC

George Ball – a former chief executive of Prudential Securities and present CEO of Sanders Morris Harris – has referred to bitcoin as a “safe haven” in his latest interview, referring to its many properties and qualities that can ultimately assist investors in remaining strong during unprecedented economic times.George Ball: Bitcoin Is Stronger Than We ThinkGeorge Ball isn’t necessarily saying anything that a lot of other people in the crypto space haven’t already thought. However, it’s...

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As Bitcoin Struggles At $12,000, Here Are The Next Targets On a Breakdown: BTC Price Analysis

Bitcoin’s exciting bull run might be over as quickly as it started after prices failed to close above the $12,400 daily resistance yesterday. Any hopes of a parabolic continuation will now have to be put on hold as bulls recover from the sharp decline.In the last 24 hours, the global crypto market capital has lost $13 billion from its peak at $387 billion.It’s still unclear what caused the sudden reversal. However, shortly after BTC prices catapulted to $12,400, the leading crypto broke into...

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Buffett Looks to Mine Gold; How This Can Help BTC

There’s just no pleasing some people. Despite how well bitcoin is doing as of late – the currency just swung past the $12,000 mark – Warren Buffett, the CEO of Berkshire Hathaway, is still turning his back on the world’s number one digital currency by market cap and investing in gold.Warren Buffett Invests in Gold Mining FirmNot that there’s really anything wrong with this. After all, the asset has been doing quite well as of late. It’s trading for a high of nearly $2,000 per ounce at press...

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Bitcoin Finally Strikes $12,000

Bitcoin has done it. After days… Nay, weeks of waiting, the world’s number one cryptocurrency by market cap has finally broken further resistance and has shot well beyond the $12K position.Bitcoin Has Broken Present ResistanceTo be fair, this isn’t the first moment bitcoin has hit such a mark this year. The currency briefly struck $12K earlier this month, though the price didn’t last long at all. After a few hours, the new level for bitcoin proved too strong for where the currency was...

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In DeFi eingeschlossene Vermögenswerte erreichen Rekordhöhe: 6 Milliarden Dollar

Bitcoin und DeFi sind auf dem Vormarsch! Der DeFi-Markt wächst in einem unglaublichen Tempo. Laut der Datenanalyse-Website DeFi Pulse ist ein Rekordhoch von Kryptowährungen im Wert von 6 Milliarden Dollar in DeFi smart contracts eingeschlossen. Noch vor zwei Monaten betrug der Gesamtwert der DeFi smart contracts weniger als eine Milliarde Dollar, wie Sie in der Grafik unten...

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Staking on Kraken: Earn Up to 12% Returns Staking Polkadot and Cosmos

Earn Up to 12% Returns Staking Polkadot and Cosmos Starting August 18 Kraken is expanding its on-chain staking services to include support for Polkadot (DOT) and Cosmos (ATOM). Starting August 18, this means clients can earn an annual return of 12% staking Polkadot and 7% staking Cosmos directly through their Kraken accounts. Kraken launched its best-in-class staking service...

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Bitcoin Plunges Below $12,000 As The Crypto Market Loses $10B In Hours

There’s never a boring day in the cryptocurrency field and things tend to change in the blink of an eye.Just earlier today, the total market capitalization was sitting comfortably at a 14-month high, and it took less than a few minutes for upwards of $10 billion to be wiped off its sheet. This happened as Bitcoin and other cryptocurrencies took a sudden dive.Bitcoin Dives Below $12,000In two violent red candles, the primary cryptocurrency lost about 3.6% of its value as it plunged to a low of...

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SpaceChain Completes First Bitcoin Multisignature Transaction in Space Using GomSpace Hardware

On August 18, SpaceChain announced the successful completion of the first multisignature blockchain transaction in space through the International Space Station’s Bitcoin wallet.On August 18, SpaceChain UK Limited (SpaceChain) announced the successful completion of the first multisignature blockchain transaction in space. SpaceChain Bitcoin wallet confirmed the signing of a multi-signature transaction on the International Space Station (ISS). That transaction marked the completion of a major...

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Chainlink Analysis: Party Over? LINK Price Tumbles 20% After The Huge Rally

Chainlink dropped by almost 20% today as it fell into the $15.00 support.Against Bitcoin, LINK decreased from the 0.0017 BTC level to reach the support at 0.00127 BTC.LINK/USD: LINK Bullish Momentum Dies Out At $19.50Key Support Levels: $15.10, $14, $13.35.Key Resistance Levels: $17.20, $18, $19.51.Over the weekend, LINK surged higher from the $17 level to reach the resistance at $19.50 (1.618 Fib Extension). LINK managed to spike above $20 yesterday but has since dropped below $17 to reach...

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