EOS price is gaining momentum above the $2.550 and $2.600 resistance levels against the US Dollar.The price is now trading well below the $2.550 pivot level and the 55 simple moving average (4-hours).There is a major ascending channel forming with support near $2.620 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move higher above $2.700 as long as it is above the $2.550 pivot level.EOS price is trading in a positive zone above $2.550 against the...
Read More »Bitcoin Price Analysis: BTC Signaling Uptrend Continuation
Bitcoin price is currently gaining traction above the $9,400 and $9,440 resistance levels.A new monthly high is formed near $9,567 and the price is now above the 55 simple moving average (4-hours).There was a break above two key bearish trend lines near $9,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair might correct lower in the short-term, but dips remain well supported near $9,420.Bitcoin price is trading in a decent uptrend above $9,400 against the US...
Read More »Using Cryptocurrency for Online Casinos the Pros and Cons
Online casinos that are serious about their trade typically offer a wide range of payment options to accommodate gamblers’ different needs and preferences. The use of cryptocurrency is one of the options, and it is increasingly becoming popular in the gambling industry.As more and more internet casinos are moving towards accepting Bitcoin and other cryptocurrencies as a payment option, it is recommended that casino players do some research and understand if cryptos fit their gambling needs.If...
Read More »Les Bâtons, confiseries artisanales
Nouvel ajout à la liste des établissements français qui acceptent les paiements en bitcoins : Les Bâtons, confiseries artisanales made in France à base de caramel et de pâtes de fruits. « Tous nos produits et saveurs viennent d’agriculture raisonnée et nous produisons sur demande pour éviter toutes formes de gâchis mais surtout avoir des caramels bien frais et fondants. Nos emballages sont...
Read More »Coinbase May Have Lessened the Twitter BTC Hack
It’s been about a week since the incident occurred, and yet news outlets still can’t seem to get enough of the Twitter bitcoin hack that took place last Wednesday.The Twitter BTC Hack Just Gets Bigger and BiggerThe incident is one of the most profound and notorious in bitcoin’s short, yet significant history. Several high-profile Twitter accounts belonging to politicians, celebrities and musicians such as Bill Gates, Barack Obama, Joe Biden, Kanye West and Elon Musk were hijacked by cyber...
Read More »Breakthrough? US Banks Can Now Provide Crypto Custody Services
National banks and federal saving associations can now offer crypto custody services to customers following approval from regulators in the country.OCC Okays Crypto Custody Operations for US Federal BanksAccording to a letter issued by the Office of the Comptroller of the Currency (OCC) on Wednesday, U.S. Federal banks can now offer crypto custody services. The decision follows last month’s request by the OCC for public input on the matter.As part of the letter, the OCC explained the...
Read More »Bitcoin Futures Open Interest on BitMEX is Over $1 Billion, Data Shows
Open interest for Bitcoin Futures on major derivatives crypto exchange BitMEX reached an all-time-high (ATH) as it crossed the $1 billion milestone. The record high happened for the first time since the crypto market crashed back in March 2020.Bitcoin Futures Open Interest on BitMEX at 4-Month HighAccording to data from crypto derivatives market data provider Skew, the open interest on Bitcoin Futures on BitMEX crossed the $1B landmark for the first time since Black Thursday. Across the...
Read More »Changpeng Zhao: BTC Could Experience Another Drop
There is a lot of worry and concern surrounding bitcoin’s price as of late. While the asset has done well these past two months and maintained its position above the $9,000 mark, some analysts and industry leaders – such as Changpeng Zhao, the chief executive of Binance, the world’s largest and most popular cryptocurrency exchange by daily volume trading – are warning that BTC’s price is in a shaky position, and in danger of enduring another crash like the one it experienced in March of this...
Read More »Bitcoin is Fulfilling its Objective by Becoming a Valuable Payment Channel
The latest data from on-chain analytics firm, Glassnode shows that the dollar value of transactions on the Bitcoin blockchain has been steadily increasing. Also, crypto research firm Messari has dispelled misconceptions regarding the failure of public blockchains like Bitcoin and Ethereum as payment channels.Median BTC Transfer Volume up 100 Percent Since 2020 BeginningAs per a tweet on Glassnode’s official handle, the median Bitcoin transfer is standing at around $195. This marks a 100...
Read More »Europe Agrees to Stimulus Plan, BTC Spikes $200
The European Union (EU) is taking a page out of America’s book. The collection of nations has agreed to a stimulus program that will potentially pump nearly $1 trillion back into the economy. The announcement was met with another bitcoin price rally. The currency is up roughly $200 more at the time of writing.Another Stimulus, Another Rise for BTCBitcoin has experienced some solid surges since the introduction of the coronavirus. While at first, things looked glum and negative (the currency...
Read More »