Bitcoin (BTC)

EOS price is eyeing a fresh increase from the $0.550 support against the US Dollar. The price is now trading above $0.60 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.580 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise toward the $0.68 and $0.70 resistance levels. EOS price is recovering above $0.60 against the US Dollar, like Bitcoin. The...

Litecoin is slowly moving higher from the $60 support against the US Dollar. LTC price is now trading above $65 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $68.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $68 and $70 resistance levels. Litecoin price is recovering from the $60 zone against the US Dollar, similar to Bitcoin....

Grayscale CEO Michael Sonnhenshein spoke to CNBC’s Squawk Box on Wednesday on his company’s latest victory in its lawsuit against the Securities and Exchange Commission (SEC). While discussing next steps and the possibility of appeal, Sonnhenshein promised that Grayscale’s fees are prepared to drop should its Bitcoin trust successfully convert into an ETF. What’s Next For Grayscale? During the interview, Sonnhenshein explained that the SEC now has 45 days to request a...

Leading cryptocurrency exchange OKX has released its tenth proof-of-reserves (PoR) report, becoming the first digital asset platform to release ten consecutive monthly PoR reports. According to a press release, the latest numbers show balances of $10.4 billion in primary crypto assets like bitcoin (BTC), ether (ETH), and Tether (USDT). OKX Publishes 10th PoR Report The Seychelles-based exchange covered 22 digital assets, including USD Coin (USDC), Ripple (XRP), Dogecoin...

Meetup organisé par @BitcoinBordeaux dans le cadre des rencontres proposées par Découvre Bitcoin. « Rendez-vous au Frog & Rosbif. N’hésitez pas à apporter des livres et goodies à partager. Vous pouvez aussi rejoindre notre groupe Telegram »  Quand ? – Jeudi 31 août 2023 à partir de 18h30 Où ? – Au Frog & Rosbif, 23 Rue Ausone à Bordeaux En savoir plus :...

Bloomberg Intelligence analyst Mike McGlone believes Bitcoin spot ETF approval is “inevitable” – but one bearish influence still remains: the Federal Reserve. Given the ongoing hawkishness of most central banks worldwide, the analyst believes further downside pressure for both Bitcoin and stocks could lie ahead. The Fed’s Looming Influence As tweeted by McGlone, while the “inevitable approval” of the first Bitcoin spot ETF in the United States is “moving closer,” the Federal...

The Securities and Exchange Commission (SEC) has announced that it has taken on six more bitcoin-based exchange-traded fund (ETF) applications for review. It appears the hype and hoopla surrounding the present BlackRock application has got everyone in a big, powerful huff, and they want to take part in the action. The SEC Accepts Six More BTC ETF Applications for Review The move is relatively contradictory to the comments made by a string of analysts, recently....

Miami’s mayor – Francis Suarez – announced his withdrawal from the US Presidential race without providing an exact reason for his decision. He is known as an outspoken proponent of bitcoin who has invested some of his wealth in the primary digital asset. Suarez also became the first American politician to receive his salary in BTC instead of fiat currency. One of the Pro-Crypto Republicans Calls it Quits Suarez disclosed on X (Twitter) that he will no longer pursue the goal...

Bitcoin’s price surged yesterday, bouncing from a critical support level. The surge came following the Grayscale news. However, a bearish continuation is still possible if the price remains below the 200-day moving average. Technical Analysis By Edris The Daily Chart On the daily chart, the price has finally demonstrated some bullish price action after finding support at the $25K level. The 200-day moving average, located around the $27,500 mark, is currently being tested. A...

Robert F. Kennedy Jr. – a democrat hopeful who’s thrown his hat into the 2024 presidential ring and who’s hoping to take the nomination from Joe Biden – has stated he wants to get rid of crypto capital gains taxes should he win the White House next November. Robert Kennedy Providing More Support for Crypto Kennedy has come out many times over the past several months and shared his ongoing thoughts regarding crypto, which he seems to greatly respect, but there is...