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Bitcoin (BTC)

Bulletin hebdomadaire Bitcoin Optech #267

Bulletin d’information hebdomadaire Bitcoin Optech du 6 septembre 2023 traduit par @copinmalin. Cette semaine, la newsletter s’intéresse à une nouvelle technique de compression des transactions Bitcoin et à une proposition de co-signature améliorée pour la confidentialité des transactions. Elle inclut également nos sections régulières annonçant les nouvelles versions de logiciels et les versions...

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New Bitcoin Ordinals Non-Profit is Underway

The team behind Bitcoin Ordinals (a new string of non-fungible tokens or NFTs) said in a recent interview they have created a new non-profit organization designed to support further inscriptions and NFT developments on the bitcoin blockchain. Thus far, the team has created roughly 21 million inscriptions. Bitcoin Ordinals Non-Profit Group is Coming While NFTs may not be anything new at this stage, the idea of NFTs being on the bitcoin blockchain is. Up to this...

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Why Did Bitcoin Drop in Early August? Analysts Weigh In

The digital currency arena gave traders a bit of a scare in early August this year when for the first time in several weeks, the prices of many major assets – bitcoin among them – fell to new lows. BTC, for example, dropped below $29,000 for the first time in a while, sending all investors into a whirlwind of fear and concern. Bitcoin Fell for the First Time in Weeks Ethereum was the other major digital currency to dip alongside bitcoin. The second largest crypto...

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EOS Price Analysis: Bears In Control Below $0.60

EOS price started a fresh decline below the $0.580 zone against the US Dollar. The price is now trading below $0.580 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.5600 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.585 and $0.600 resistance levels. EOS price is struggling below $0.580 against the US Dollar, unlike Bitcoin....

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Litecoin (LTC) Price Analysis: Bulls Aim Rally Above This Hurdle

Litecoin is slowly moving higher from the $57.50 support against the US Dollar. LTC price is now trading above $60 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $60.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $64.20 and $65.80 resistance levels. Litecoin price is recovering from the $57.50 zone against the US Dollar,...

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Bitcoin’s (BTC) Quiet Streak May Spell Heightened Volatility Down the Road: Glassnode

Following a period of substantial capital inflows at the beginning of the year, the recent months have witnessed a shift towards either neutral or negative inflows, suggesting a period of stagnation as uncertainty took over the asset class. According to blockchain intelligence platform Glassnode, the market has been hovering on a relatively neutral level since April this year. This aligned with the slow-down in Bitcoin and Ethereum capital inflows and reflects a growing sense...

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Arthur Hayes Weighs in on Why Bitcoin Failed to Reach $70,000

BitMEX co-founder Arthur Hayes said that the recent decision by the United States Federal Reserve (Fed) to lower interest rates is expected to trigger a rapid surge in Bitcoin’s price, potentially propelling it toward the $70,000 mark. Hayes had previously predicted that Bitcoin would reach this level after March, but the Fed had increased interest rates three times between March and the current period. Bitcoin’s failure to reach the previously predicted $70,000 level is due...

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It Seems Cathie Wood Will Never Give Up on BTC

Cathie Wood – a major bitcoin fan and the woman behind ARK Invest – recently discussed her past and what it was (and who it was) that taught her the most about investing. Where Does Cathie Wood Get Her Inspiration From? In the interview, she said her mother was a big influence on her, and that she got a lot of ideas and words of advice from her. Wood commented: This is the first time I’ll be able to say my mother. My father prided himself that she never had to...

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Mike Novogratz: BlackRock Can Exponentially Change BTC and Crypto

Mike Novogratz – the man behind the Galaxy Digital hedge fund and one of the biggest bitcoin fans you’ll ever find – says the most important crypto event this year has come in the form of Larry Fink and his company’s (BlackRock) bitcoin-based exchange-traded fund (ETF) application. BlackRock and Its Sudden Crypto Agenda In a recent interview, Novogratz commented that the application has the potential to push bitcoin to a new high and make it larger than it’s ever...

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