Bitcoin (BTC)

Bitcoin price started a fresh decline below the $28,500 level against the US Dollar. The price is now trading below $28,000 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $26,050 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline toward the $24,500 and $24,000 levels. Bitcoin price is declining below $28,000 against the US Dollar. BTC might extend losses...

A former Chinese government official, Xiao Yi, has been sentenced to life in prison for helping subsidize a secret, large-scale Bitcoin mining operation within the country’s borders, alongside unrelated acts of corruption. Yi pled guilty to the charges, and the government has already seized all of his bribes and profits. Illegally Helping A Bitcoin Miner On Tuesday, Yi was specifically convicted of abusing his power by providing financial and electricity subsidies to Jiumu...

La difficulté de minage de Bitcoin a battu un nouveau record, dépassant de 1,8% le précédent sommet [1]. Rappelons que la difficulté est un paramètre qui varie de façon à maintenir un temps moyen de dix minutes entre deux blocs. Ce paramètre, mis à jour automatiquement tous les 2016 blocs (environ deux semaines), peut évoluer à la hausse ou à la baisse pour s’adapter à la puissance de...

The latest edition of the Bitfinex Alpha report revealed that cryptocurrency traders are bracing themselves for “choppy waters” ahead due to bitcoin’s sudden plunge after a languid period. On-chain data analyzed by researchers at crypto exchange Bitfinex showed a surge and flatline in implied and historical volatility metrics, suggesting that traders have adjusted their strategies in preparation for impending volatility over the next month at least. Choppy Waters Ahead Last...

Former heads of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) Timothy Massad and Jay Clayton feel the U.S. is seriously falling behind when it comes to crypto regulation, and they’re calling for legislators to step up and create valid rules once and for all. Timothy Massad on the Lack of Crypto Regulation Right now, the U.S. is arguably one of the worst places for crypto activity. This largely has to do with the...

CoinspeakerBitcoin Price Falls 11% while Key Indicator States BTC Is at Most Oversold Level since Covid 2020 Crash The price of Bitcoin is struggling to maintain momentum and has succumbed to several macroeconomic factors over the last week. Bitcoin Price Falls 11% while Key Indicator States BTC Is at Most Oversold Level since Covid 2020 Crash

CoinspeakerUnknown Bitcoin Wallet Is Third-Largest BTC Holder in World after Collecting More than $3B Worth in Less than 4 Months Although unknown, many believe the Bitcoin wallet may belong to a major crypto exchange moving money around, or asset manager Blackrock Inc. Unknown Bitcoin Wallet Is Third-Largest BTC Holder in World after Collecting More than $3B Worth in Less than 4 Months

ADA price is gaining bearish momentum below the $0.280 support zone against the US Dollar. The price is now trading below $0.275 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.2750 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.275 resistance zone. Cardano price is struggling below $0.280 against the US Dollar, similar to Bitcoin. ADA...

To this day, privacy arguably remains the fatal flaw of the most popular blockchain networks. Both Bitcoin and Ethereum use fully transparent public ledgers to store their transactions. While technically anonymous, careful digging can allow external parties – including governments – to uncover the identity of any number of parties behind an address or set of transactions. For the more privacy-focused blockchains and protocols, authorities have mostly banned centralized...

Not long ago, the Securities and Exchange Commission (SEC) approved a different kind of bitcoin-based exchange-traded fund (ETF), and crypto conglomerate Grayscale isn’t happy about that. Grayscale is Seeing Red The ETF that garnered approval is called 2X Volatility Shares, and it became open for public trading on June 23. For many players out there, the move was the right one and a big step in a powerful new direction that’s likely to make crypto mainstream and...