Bitcoin (BTC)

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Solana price gained bearish momentum below the $28.00 level against the US Dollar. The price is now trading below $25 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $25.00 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $25 resistance. Solana price is trading in a bearish zone below $25 against the US Dollar, similar to...

Bitcoin price started a fresh decline below the $30,000 pivot level against the US Dollar. The price is now trading below $29,500 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $29,600 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline toward the $28,500 and $28,000 levels. Bitcoin price is declining below $29,500 against the US Dollar. BTC might...

The world’s largest cryptocurrency exchange – Binance – will purportedly launch services on its new platform in Japan next month.  The firm pulled out of the Land of the Rising Sun in 2018 after having a major dispute with the local regulators.  Binance’s CEO – Changpeng Zhao (CZ) – has supposedly confirmed the news in a video conference in Tokyo on July 25 (as seen by Bloomberg). The exchange previously announced that it will start operating on the Japanese market after June...

Bitcoin (BTC)’s supply and demand dynamics suggest that the asset could surge as high as $180,000 by April 2024, according to a research note from Fundstrat on Monday. The forecast – which precedes the U.S. central bank’s next meeting – largely rests on a Bitcoin spot ETF being approved in the United States, which the markets research firm suspects will blow apart BTC’s current price equilibrium. The Impact Of A Bitcoin ETF At present, Fundstrat finds that Bitcoin experiences...

Bitcoin’s price has recently fallen below the key $30K support level. Despite this, investors still have hope that the market will rebound. Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has been consolidating above the $30K level before dropping below it. The 50-day moving average, located around the $29K mark, is currently providing support for the price. If this level holds, the market will be more likely to rally toward the $38K resistance...

Several federal and state government entities, as of late, have worked hard to better understand the crypto industry and implement appropriate regulation to ensure safety amongst traders, though not all these attempts have been successful, and in Illinois, a new crypto bill has come to a dead standstill and is now facing the possibility of being vetoed later in the year. New Illinois Crypto Bill Appears to Be Stuck in the Mud Known as House Bill 3479, the document...

The latest weekly publication of Bitfinex revealed that bitcoin (BTC) balances on centralized exchanges have retraced to levels last seen in January/February 2018. Bitfinex found that the balances have plunged by 32% from the 3.1 million BTC peak in March 2020 to 2.1 million now. At writing time, only 11% of BTC’ circulating supply was found on exchanges, indicating a significant decrease from the 17% recorded in March 2020. Bitcoin Balances on Exchanges Plummet The leading...

Nouvel ajout à la liste des établissements qui acceptent le bitcoin (on-chain et Lightning) : L’Amuse-Bar, bar ludique situé à la Chaux-de-Fonds dans le canton de Neuchâtel en Suisse. « L’Amuse-Bar est un lieu de partage et de rencontre autour du jeu de société. Nous avons à coeur de vous offrir un espace particulier, original, à la décoration soignée, qui vous fera voyager dans une bulle...