While Wallet of Satoshi has exited the US market for now, the company expressed hope for a potential return. Wallet of Satoshi (WoS), a popular Bitcoin (BTC) Lightning payments app, has mysteriously disappeared from both Apple Inc‘s (NASDAQ: AAPL) App Store and Google’s Play Store in the United States. This development comes at a time when the app is on the brink of processing over 1 million transactions for the month of November. The Disappearance Wallet of Satoshi Early today, users and...
Read More »Un Repas du Coin à Lille
Véritable institution dans la communauté Bitcoin francophone, les Repas du Coin réunissent chaque mois (sur invitation) tous ceux qui s’intéressent de près ou de loin à Bitcoin et autres protocoles d’échanges décentralisés : entrepreneurs, chercheurs, développeurs, blogueurs, journalistes, économistes… Le 76e déjeuner se déroulera à Lille mercredi 6 décembre à midi. Si vous souhaitez y...
Read More »Bitcoin Soars to 18-Month High Above $38K Despite Changpeng Zhao’s Departure From Binance: This Week’s Recap
A lot can happen in seven days in a volatile industry like the crypto sector, and it indeed did over the past week. Arguably, the most significant piece of news came a few days ago when the US Department of Justice announced a massive settlement deal with the world’s largest crypto exchange – Binance – that had severe consequences. On the one hand, the company had to depart with $4.3 billion in the form of a fine without admitting any guilt. On the other hand, though, the...
Read More »JPMorgan Says Grayscale Bitcoin Trust (GBTC) Can Expect Significant Outflows on ETH Approval
If the entire $2.7 billion exits the bitcoin market, it would exert significant downward pressure on bitcoin prices, the authors stated. However, if most of this $2.7 billion transitions into other bitcoin instruments, such as the newly established spot bitcoin ETFs post SEC approval, the negative market impact would be more moderate. Nevertheless, the bank indicated that Bitcoin continues to face downside risks, as some of the $2.7 billion is likely to exit the Bitcoin space completely. The...
Read More »Jim Cramer Admits He Was Wrong with Premature Call to Sell Bitcoin
Jim Cramer gave a sell call on Bitcoin last December when it was trading at $17,500. Cramer admits that he was wrong on his predictions as the BTC price surged 100% since then. Market commentator Jim Cramer has implicitly acknowledged his earlier misjudgment regarding Bitcoin, stating that he was premature in advising investors to sell the cryptocurrency. On a November 22 segment of his CNBC Mad Money show, Cramer addressed a caller’s inquiry about purchasing shares in the Bitcoin miner...
Read More »Bitcoin Price 2024 Predictions: Potential Impact of Spot ETF
Popular trader Bitcoin Jack expressed doubt about BTC hitting $42,000, pointing out that the Binance and ETF news failed to significantly alter market dynamics Bitcoin (BTC), the world’s largest digital asset currently trading at $37,704 has experienced significant volatility since its inception. As we look ahead to 2024, investors, enthusiasts, and analysts are beginning to unveil their predictions for the future price of Bitcoin. Binance Woes and BTC ETF Optimism on Bitcoin’s Price The...
Read More »Ethereum (ETH) at $2100: Price on Cusp of Bullish Breakout Similar to Bitcoin Following US Regulatory Clarity
Ethereum (ETH) price is currently retesting a crucial support/resistance zone around $2,130 with the bulls rejuvenated for a robust bullish breakout. The second largest digital asset by market capitalization Ethereum (ETH) has attracted notable attention amid the ongoing Web3 mainstream adoption fueled by institutional investors. The recent Ethereum spot exchange-traded fund (ETH) filed by the well-funded BlackRock Inc (NYSE: BLK), has sparked high interest for the undisputed smart...
Read More »Bitcoin Cash Analysis: Downtrend Resistance Sits at $230
Bitcoin cash is attempting a recovery wave from the $213 zone against the US Dollar. The price is now trading below the $230 zone and the 55 simple moving average (4 hours). There is a key declining channel forming with resistance near $229 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $229 and $230 to start a steady upward movement in the near term. Bitcoin cash price is rising from $213 against the US Dollar, like...
Read More »Bitcoiner Overpays $3.1 Million In Largest Ever Transaction Fee
An unknown Bitcoin (BTC) user paid an 83.6 BTC ($3,136,058) transaction fee while moving his coins on Thursday, marking the largest transaction fee the network has ever recorded in dollar terms. The total size of the transaction was 139 BTC ($5,198,720.84), meaning less than half of the transfer (55.7 BTC) actually reached the recipient. Another Costly Transaction Mistake The costly transaction was sent from wallet address bc1qn3d…wekrnl to address bc1qyf…km36t4 on November...
Read More »Will a Bitcoin ETF Approval Attract Billions Into the Market? Coinbase Says So
The prospect of a regulated spot Bitcoin ETF has roused cryptocurrency investors into a frenzied bull run. They expect an ETF product to on-ramp millions of investors in structured broker-dealer accounts. Since March, Bitcoin (BTC) has traded in a range bound by support at $25,000 and resistance at the $30,000 level. As spot ETF rumors spread in October, the price surged from below $27,000 to above $37,000 by Nov 10. Meanwhile, investors added $366 billion to the overall...
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