Bitcoin (BTC)

Despite a promising start to the week, the bullish Bitcoin traders have struggled to maintain momentum. In the last few hours, bears have successfully overcome the intra-week support (white line), which was helping to keep BTC in an uptrend, and are now threatening to drive prices back towards the 0.5 Fibonacci level at $11,150. Looking at the 4-hour chart, we can see that the decline was foreshadowed by a significant divergence between the RSI and the price action (yellow...

Elon Musk – the CEO of both Tesla and SpaceX – is denying that he houses a bitcoin ATM near his Gigafactory in Nevada.Could Elon Musk Just Be in Denial?Things started out last Sunday when Will Reeves – the CEO of crypto payments firm Fold – announced on Twitter that a Liberty X bitcoin ATM had been spotted near Tesla’s Nevada-based operations. The tweet also contained a Google Maps image. Liberty X is a manufacturer and distributor of bitcoin and crypto-based ATMs.However, Musk was quick to...

Brainwallets, especially those generated with passphrases from popular culture references, might not be as safe as previously imagined. Pop Culture References Make for Vulnerable Keys According to a report published by BitMEX Research on Oct. 13, brainwallets might be easy to crack with hackers purportedly setting up servers to crawl the blockchain in search of victims. A brainwallet or “mind wallet,” as the name implies, refers to storing Bitcoin (BTC) in a user’s own brain...

Ledger a annoncé hier une nouvelle fonctionnalité de son application Ledger Live, disponible pour le Ledger Nano S et le Ledger Nano X : le « swap » (l’échange) de cryptomonnaies. Ledger Swap repose sur l’API de la plateforme Changelly et permet l’échange de 50 cryptomonnaies. « Avec Ledger Swap, vous pouvez échanger des cryptomonnaies sur Ledger Live, facilement et en toute sécurité. C’est aussi...

We continue to see many institutions investing in crypto. Bitcoin has become the new “safe haven” for many of these companies. MicroStrategy has invested more than $400 million in bitcoin. Square has purchased $50 million worth of the asset, and now Stone Ridge Asset Management has announced an investment in bitcoin worth approximately $115 million at the time of writing.Stone Ridge Gets Its Hands on BTCMany analysts have claimed that without institutional investors, bitcoin and crypto are...

SheeldMarket, plateforme française de négociation d’actifs numériques dédiée aux traders institutionnels, est désormais enregistré auprès de l’AMF en tant que Prestataire de Service sur Actifs Numérique pour la conservation d’actifs numériques et l’achat/vente d’actifs numériques contre monnaie ayant cours légal. « SheeldMarket permet aux traders institutionnels d’acheter et vendre des blocs de...

The leading digital asset manager, Grayscale Investments, continues with its growth after registering its third consecutive record-breaking quarter with over $1 billion of inflows. Somewhat expectedly, the Bitcoin Trust remained the most widely chosen company product. $1 Billion Entered Grayscale In Q3 2020 Grayscale released its Q3 2020 report earlier, noting that the total investments into company products in those three months alone accounted for $1.05 billion. Adding the...

[Featured content] The parent company of the Bitcoin smart contract platform RSK has entered into a collaboration with Grupo Sabra to create Extrimian. Announcing Extrimian According to an official release dated September 30th, 2020, IOVlabs and Grupo Sabra have entered into a partnership to create a new joint venture called Extrimian, a new joint venture aimed at providing blockchain solutions for businesses and governments. IOVlabs is the parent company behind the Bitcoin...

Financial strategists at JP Morgan have projected a bleak outlook for bitcoin prices in the short term. According to them, the cryptocurrency has a higher price and is trending at 13 percent over its ‘intrinsic value.’ They based their analysis on ‘positioning indicators’ derived from bets made by traders in the futures markets. But does the argument hold true? The Weather in Bitcoin Land Will Consist Of ‘Modest Headwinds’ According to the latest reports from mainstream media...

Stone Ridge’s recent announcement is a work in progress that started in 2017 when it came up with New York Digital Investment Group (NYDIG), its first independent subsidiary.As a surprise to many in the cryptocurrency space, Stone Ridge Asset Management has become the latest firm to reveal huge Bitcoin investments. The firm announced that it has been able to accumulate BTC worth $115 million.On October 13th, Forbes confirmed this news about Asset Management’s purchase of these coins but...