Bitcoin (BTC)

The cryptocurrency market has remained mostly flat for the past 24 hours, and Bitcoin has been unable to make a move throughout the period. However, this might as well be a stepping stone and a preparation for an attempt at $27K. Most of the altcoins have remained flat with certain exceptions, so let’s dive in. Bitcoin Preparing for $27K? Bitcoin’s price has failed to produce anything of substance throughout the past 24 hours and remains largely situated around where it was...

Bitcoin’s price has been consolidating above the $25K support level following the recent drop from the key $30K zone. However, for the price to reach a new high and break past $30K, there is still much work to do. Technical Analysis By Edris The Daily Chart On the daily chart, the price has been rejected from the $25K support level and is trending higher. Yet, the 50-day and 200-day moving averages around the $28K mark are two significant resistance levels that the market...

In October 2020, PayPal, the world-renowned digital payment platform, announced its foray into the cryptocurrency market. This landmark decision meant that the platform’s vast user base, consisting of hundreds of millions of individual consumers and millions of merchants, could now buy, hold, and sell cryptocurrencies directly from their PayPal account. In addition, transactions can be conducted using these digital currencies. This article will delve into PayPal’s journey...

Ripple’s XRP has been one of the most popular cryptocurrencies for the past three years, and most of it probably came from the importance of the company’s case against the US Securities and Exchange Commission. In fact, as CryptoPotato recently reported, the cryptocurrency ranked very high in a list that tracks the performance of various coins in terms of social engagements. XRP ranked third, following only Bitcoin and Ethereum. And while a lot of the attention goes toward...

The past few days have been relatively positive for Bitcoin’s price, which has been increasing since Tuesday, September 12th. At the time of this writing, BTC is trading at around $26,500, but the co-founder of Glassnode has a bullish prognosis. Consumer Price Index Important for Bitcoin’s Price In his prediction, the co-founder of the popular cryptocurrency analytics resource, Glassnode, outlined that the US Consumer Price Index (CPI) jumped by 0.6%, which led to some...

Darewise Entertainment, a subsidiary of Animoca Brands, has partnered with Horizen Labs to launch the first-ever metaverse ecosystem token on the Bitcoin blockchain. This partnership aims to usher in a new era of possibilities for gaming, brands, and real-life experiences within the Bitcoin ecosystem. Bitcoin’s First Metaverse Ecosystem Token Darewise Entertainment, known for its visionary work on the Life Beyond Gaming Metaverse, has announced that it is working closely with...

It’s been a challenging few weeks for Bitcoin (BTC) holders, with the coin’s value plummeting since the end of August. However, with BTC having posted a bullish close in the past three days, ChatGPT has weighed in with its thoughts on whether this rebound can last for the entirety of Q4 2023. ChatGPT has also highlighted the new Bitcoin derivative, Bitcoin BSC (BTCBSC), as another coin that could experience significant growth this quarter. Bitcoin’s Bullish Rebound Prompts...

Retour d’expérience sur les événements Bitcoin de l’année. Où ? – 80 avenue Edmund Halley à Saint-Etienne-du-Rouvray (Métropole Rouen Normandie) Quand ? – Mardi 19 septembre de 18h30 à 19h30 En savoir plus : https://normandiebitcoin.com/https://www.addevent.com/calendar/TI508628https://twitter.com/NormandieBTC ...

Delio, a South Korea-based Bitcoin lender, is reportedly planning to launch an administrative lawsuit against local financial regulators, citing poor and incorrect interpretation of the law. This new lawsuit comes after an investigation and fine imposed on the Bitcoin lending firm by the South Korean watchdog. Delio to Sue South Korean Watchdogs Earlier this month, The Financial Intelligence Unit (FIU) of South Korea recommended the dismissal of Delio CEO Jeong Sang-ho...

Ron DeSantis – the republican governor of Florida who recently threw his hat into the 2024 presidential ring – said that the present commander-in-chief Joe Biden has started a crypto war that will end once he, DeSantis, becomes the next leader of the free world. Ron DeSantis Vows to Open the Crypto Door as President During a recent campaign event in New Hampshire, DeSantis pledged his love and loyalty to bitcoin, continuing a string of pro-crypto statements that...