Bitcoin took a break from trading during the month of September, with relatively low volatility. As shown on the following 4-hour chart, the marked symmetrical triangle was basically the story of September: Started with a massive dump and a slow consolidation, since then, around $10,600. As can be seen below, Thursday signaled a breakout – in favor of the Bulls. Since breaking the triangle at $10.8K, we saw a healthy consolidation and finally a breakout of the $11-11.2K area,...
Read More »Bitcoin Completes $1K 3-Day Increase to $11,500 (Saturday Market Watch)
After trading below $11,000 for weeks, Bitcoin finally broke above that psychological level with a 5% increase in the past 24 hours. The altcoins have come along for the ride, and the market cap has jumped by nearly $20 billion since yesterday.Bitcoin Breaks Above $11,000Bitcoin was steadily increasing in the past few days and neared the coveted $11,000 yesterday. Unlike the previous attempts to conquer that level, though, BTC smashed above it rather decisively this time.The primary...
Read More »Bill Barhydt: The Bitcoin Price Is About to Explode
Over the past month, bitcoin has entered something of a bearish state, and has been struggling heavily. The currency initially reached the $12,000 line in August and had most traders excited for the future. Sadly, it looks like the currency has hit something of a snag ever since, and ultimately lost more than $2,000 from that price. While the currency has recovered somewhat and is now trading for about $10,700, this figure isn’t quite what traders had in mind, and we all know bitcoin could be...
Read More »Bitcoin in Spanish Parliament: All 350 ‘Deputies of Congress’ Are Now BTC Holders
As a part of an active Bitcoin and cryptocurrency education/awareness campaign, 350 members of the Spanish parliament (read deputies of Congress) have received a euro worth of BTC. This move mirrors the ‘Crypto for Congress Educational Initiative’ launched by the Washington-based Chamber of Digital Commerce to acquaint Members of the United States Congress with blockchain technology.350 Spanish Lawmakers Now Hold One Euro Worth Of BitcoinAs per reports from ABC, Spain’s third-largest national...
Read More »Goldman Sachs Could Be Edging Closer to BTC
Goldman Sachs has hinted that it’s looking to boost its bitcoin holdings and potentially move forward when it comes to understanding, learning about and holding BTC in the future.Goldman Sachs Has Had a Mixed Relationship with BTCRegarding cryptocurrencies, Goldman Sachs has been a very hit-and-miss company, often going back and forth between appreciating it and loathing it. Things took a particularly nasty and mixed turn last May when the company announced that it was going to offer a...
Read More »Aussie Millionaire Threatens To Sue The Guardian Over False Bitcoin Investment Ads
Australian multi-millionaire and electronics entrepreneur Dick Smith has threatened to sue The Guardian Australia. Smith has alleged that the trustworthy media outlet has hosted fraudulent ads with fake interviews of him promoting a phony Bitcoin scheme.Aussie Entrepreneur Threatens The GuardianImpersonation scams are among the most perilous threats within the cryptocurrency community. Typically, the fraudsters impersonate a famous person and run false ads claiming that he or she has invested...
Read More »Pourquoi Bitcoin ? Qu’est-ce que Bitcoin ?
« Nous sommes en octobre 2020 et, malgré les pronostics des meilleurs experts, Bitcoin n’est toujours pas mort. Il tend même à se renforcer, à la fois en termes techniques et en termes d’usage et d’adoption. Mais il reste difficile à comprendre. Il est “tout ce que vous ne comprenez pas à l’informatique, combiné à tout ce que vous ne comprenez pas à la monnaie” (John Oliver). Cet article présente...
Read More »Square Just Bought a Whole Lot of Bitcoin
Square – which is owned and run by Jack Dorsey of Twitter fame – has announced it just purchased as much as $50 million in bitcoin. The company says that bitcoin represents what it’s all about, and that it’s looking to assure bitcoin always has a place on the world’s financial ladder.Square Just Added BTC To Its PortfolioThus far, the amount of bitcoin that was purchases represents roughly one percent of the total assets owned by Square as of the end of the second quarter this year. The...
Read More »Une vulnérabilité dans les versions 0.10.x et inférieures de LND
Conner Fromknecht, responsable de l’ingénierie cryptographique de Lightning Labs, a signalé tôt ce matin la découverte d’une vulnérabilité dans les versions 0.10.x et inférieures de LND, l’implémentation du Lightning Network de Lightning Labs. Si vous utilisez cette implémentation nous vous recommandons fortement de passer sans délai à la version 0.11.0. « Nous informons la communauté Lightning de...
Read More »Bitcoin Back Above $11K For The First Time In 18 Days: The Crypto Weekly Market Update
Another week has passed, and it’s safe to say it was an intense one. First things first, the major headline is that the US Commodity and Futures Trading Commission (CFTC) charged the owner-operators of 100x Group, the parent company of BitMEX, with illegally running a derivatives exchange.Needless to say, BitMEX is one of the leading Bitcoin derivatives trading platforms, and one would think that something of the kind would cause a big blow. Arthur Hayes and the rest of the executive team...
Read More »