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Bitcoin (BTC)

Will Blockchain Survive? Analysts Weigh In

Are bitcoin and blockchain considered practical technologies, or are they more based in fantasy? Recently, a group of analysts sat around and discussed the matter to see whether blockchain and the crypto aboard it have legitimate futures in the United States and other developed countries. What Will Happen with Blockchain? Up until this point, there have been discussions about blockchain and how it could potentially serve purposes in other industries that have...

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Bitcoin Cash Analysis: Risk of Downside Thrust Below $230

Bitcoin cash price started a fresh decline below the $255 zone against the US Dollar. The price is now trading below the $250 zone and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $248 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $254 resistance zone. Bitcoin cash price is declining below the $250 zone against the US...

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US Presidential Candidate Robert Kennedy Purchased 14 BTC for his Children

Robert F. Kennedy Jr. – nephew of former US President John F. Kennedy and one of the presidential candidates for the elections in 2024 – reiterated his support for bitcoin, saying he had bought two BTC for each of his seven kids.  The leading digital asset stands at the center of his political campaign, with Kennedy promising to exempt its conversion to the US dollar from capital gains taxes. He also vowed to back America’s national currency with “real finite assets,” such as...

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What’s Better Than Bitcoin? Jack Dorsey to Coinbase CEO

Twitter co-founder Jack Dorsey pressed Coinbase CEO Brian Armstrong on Wednesday over his alleged refusal to acknowledge the power of Bitcoin’s lightning network – a layer-2 scaling solution designed to make BTC easier to spend. His question sparked an online debate about the benefits and limitations of lightning in the payments realm, compared to other cryptocurrencies such as stablecoins. Why Not Bitcoin? In a tweet on Wednesday, Armstrong claimed that crypto’s next step...

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Bitcoin Meetup à Dakar (Sénégal)

« Ce meetup sera l’occasion d’aborder des sujets d’ordre généraux, liés au Bitcoin, et des sujets un peu plus techniques. Nous parlerons des full nodes, ces noeuds qui composent le réseau bitcoin, qui le sécurisent et qui jouent un rôle essentiel dans la création des wallets et des adresses, mais aussi dans les transactions bitcoin. Nous ferons une démonstration d’installation d’un le client...

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Tim Draper Explains Why Bitcoin Will Rise Above Fiat

The American venture capital investor Tim Draper predicted that bitcoin’s price will surge in the future due to the cryptocurrency’s advantages over fiat currency. The billionaire claimed in 2020 that the COVID-19 pandemic will have a disastrous consequence on the global economy, but it will be a flourishing factor for BTC. The primary digital asset climbed to an all-time high of almost $70,000 the following year, whereas a financial crisis and record inflation rates...

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Bitcoin Price Analysis: Is a Crash to $27K Imminent for BTC? Key Factors to Watch in the Coming Days

Bitcoin’s price is yet to recover above the $30K level after falling below a few days ago. However, the price is currently being supported at around $29,000. Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has been consolidating in a very tight range below the $30K level. The 50-day moving average is around the $29K mark at the moment. If it gets broken to the downside, the 200-day moving average located around the $27K level would be the next...

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Gary Gensler, at One Time, Thought Differently About Crypto as Video Footage Shows

Some interesting video footage from several years back has resurfaced that’s making people see Gary Gensler and the Securities and Exchange Commission (SEC) a tad differently. Gary Gensler and His Original Feelings Towards Crypto In the video, Gensler – not yet in charge of the financial agency – told his audience of investors he thinks four cryptocurrencies – bitcoin, bitcoin cash, Ethereum, and Litecoin – are not securities, but things didn’t quite stop there....

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EOS Price Analysis: Risk of More Losses Below $0.73

EOS price started a fresh decline from the $0.80 zone against the US Dollar. The price is now trading below $0.765 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.767 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 $0.760 and $0.780 resistance levels. EOS price is struggling below $0.760 against the US Dollar, like Bitcoin....

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