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Bitcoin (BTC)

Chinese Region Sichuan To Ban Cryptocurrency Mining Or Not Exactly?

New information suggests that local government authorities in the Chinese province Sichuan are seeking to ban cryptocurrency mining operations in the region.Contrary, sources familiar with the matter claim that these notices are misunderstood, and crypto mining will not suffer major negative consequences.A Region In China Clamps Down On Crypto Mining?The story began with the local media outlet PANews posting on Twitter the notice, which reads:“The Financial Administrative of the Sichuan...

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#888 Naomi Brockwell interview about Decentralization, Privacy, YouTube, Content Creation and more

Hey Crypto Fans, welcome to Bitcoin-Informant Show No. 888. Today i speak with Naomi Brockwell about crypto, bitcoin, decentralized content platforms like LBRY, privacy and other related topics. [embedded content] More about Naomi Brockwell here: https://cointr.ee/naomibrockwell Find all my links here: https://cointr.ee/bitcoininformant Telegram Kanal: https://t.me/bitcoininformantLBRY.tv: https://lbry.tv/$/invite/@bitcoininformant:eSteemit: https://steemit.com/@denniskorayHIVE:...

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Bitcoin Price Analysis: The Critical March-12 Support Saved BTC, But Now Facing Huge Resistance

Following our Thursday price analysis, Bitcoin had lost almost $1000 in one and a half days. This came straight after 3-4 failed attempts to break the $10,000 mark over the past two weeks.When you’re not breaking, and the attempts are losing strength, you will dump hard. This was the bad news; however, the good news is that a long-term ascending trendline saved Bitcoin, as of now.The ascending trendline, marked blue on the following daily chart, was started forming on March 12, 2020, when...

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Bitcoin Zap n°9

« Les informations contenues dans cette vidéo ne représentent pas nécessairement les vues ou opinions de la communauté Bitcoin dans sa totalité et ne représentent pas l’état complet de Bitcoin. Il s’agit d’un montage d’images provenant de divers médias sociaux (Youtube, Twitter, Periscope et Reddit) […] publié à des fins de divertissement et d’éducation. Le principe de cette émission est de sélectionner et de diffuser les séquences jugées les plus brillantes, les plus drôles, les...

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Square Allows Users to Purchase Bitcoin

Bitcoin’s newfound popularity is taking it to new heights. Square – a mobile payments company developed by Jack Dorsey of Twitter fame – has released a new cash app that allows users to instantly purchase bitcoin units.Square Puts Financial Power in Your HandsBitcoin has surged during recent weeks as people have sought new methods of hedging their wealth against inflation and other potential financial issues. There is great fear that the U.S. dollar and fiat in general is weakening following...

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Bitcoin Says Goodbye to $10K? The Weekly Crypto Market Update

Bitcoin kissed the $10K mark goodbye this week as the cryptocurrency dropped to as low as $8,800 on Thursday, reaching the trend-line that was forming since the massive drop in March. As expected, BTC received strong support in that area, and its price quickly recovered to around $9,200, where it’s currently trading.The dump started suddenly as Bitcoin’s price flash crashed on Bitstamp and reached $9,100 in less than a minute. Even though it recovered after that, it turned out to be an...

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Simon Peters Predicts $100,000 for BTC Following Halving

It has been nearly two weeks since the halving, and yet analysts are still speculating about what could happen in the future for bitcoin’s price.The Halving Still Has People TalkingOverall, halving events in the past have been quite bullish for the currency. This time, however, there seems to have been a lot of activity during the lead up, while the event itself turned out to be a real bore. Not much has happened since Tuesday, May 12. In fact, the currency is down since then, having recently...

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Maker DAO Receives 2,500 BTC in 2 Days as Wrapped Bitcoin Lock-In Jumps 1,921%

Maker DAO just received an influx of almost 2,500 Bitcoin in the past 48 hours, as the number of Wrapped Bitcoin (WBTC) locked in the decentralized finance app increased by 1,921%.Maker DAO is a decentralized lending protocol on Ethereum, which issues the stablecoin Dai (DAI) in return for ETH-based collateral. Since BTC can be represented on Ethereum in the form of Wrapped Bitcoin, that means Bitcoin, too, can be used as ETH-based collateral on Maker DAO.On May 20, just over 130 Bitcoin were...

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Did Satoshi Nakamoto Move Bitcoin?

Bitcoin is clearly still suffering from the volatility everybody has come to associate it with. About 48 hours ago, after trading above the $9,700 mark for several days, the currency experienced a sudden and unexpected drop that took it down to about $9,300 for a brief period.Bitcoin Has Taken Another FallFrom there, the world’s number one digital asset by market cap rose back into the $9,500 range but has since lost an extra $200 to fall back to $9,300. Thus, the currency has lost about $400...

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