Bitcoin (BTC)

The latest buzz in the crypto world revolves around the newly introduced Bitcoin token standard (BRC-20), which has garnered considerable attention and favor owing to the recent memecoin craze. Despite the ongoing hype, the token standard is still subject to certain constraints concerning the broader crypto landscape. A recent report by leading crypto exchange Bitfinex has emphasized the token standard’s potential and the significance of identifying more use cases to expedite...

Bitcoin’s price has been dropping continuously over the last week, and there may still be more. However, the bearish momentum is much lower than expected, and multiple support levels are available for the market to rely on. Technical Analysis By: Edris The Daily Chart Looking at the daily timeframe, the price has been declining since getting rejected from the $30K resistance level in April, and it has also broken below the 50-day moving average, located around the $29K mark....

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Assets like bitcoin and Ethereum continue to show signs of recovering from the bearish market conditions traders and investors witnessed last year. The Many Bitcoin Developments Set to Occur Not long ago, the U.S. government seized more than $215 million in bitcoin taken from the Silk Road dark web market,...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The banking crisis in America and Europe – which appears to be drawing back somewhat at the time of writing – truly vindicated several BTC and Ethereum believers according to many analysts in the industry. BTC Fanatics Have Been Proven Right The banking crisis saw at least three separate institutions in the...

Bitcoin tried its hand at taking down $27,000 yesterday but failed amid low weekend trading volumes and has remained relatively still. The altcoins are also lacking any substantial price moves, with ETH reclaiming $1,800 and BNB pumping above $310. Bitcoin Stays Flat The past several days didn’t go well for the primary cryptocurrency. It all started on Wednesday when the asset jumped from $27,500 to $28,400 in minutes after the US CPI numbers came out for April. Although BTC...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The U.S. Department of Justice (DOJ) has seized as much as $112 million in digital currency from addresses tied to pig butchering scams. Pig Butchering Is a Huge Problem Judges in several states – including Arizona, Idaho, and California – have issued at least six separate warrants for the seizure of digital...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Andy Baio – the former CTO of Kickstarter – has discovered something unusual about Apple’s Mac computers. They all seem to come with copies of the bitcoin whitepaper. The Whitepaper for Bitcoin is a Regular Mac Resident The whitepaper for bitcoin was first introduced on Halloween of 2008. During that time,...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Police in North Kingston are warning residents about a whole new array of crypto-based scams that have made themselves prominent in the area. Crypto Scams: Will They Ever Stop? Crypto scams are nothing new. In fact, they’ve practically been around since the industry was first developed nearly 15 years ago, but...

The Presidential elections in Turkey (May 14) could have a pivotal role in the country’s future financial condition. They could also affect the local cryptocurrency industry since the two leading candidates – Recep Erdogan (the current political leader) and Kemal Kilicdaroglu – share entirely different views.  The former declared “war” on bitcoin in 2021 and supported the central bank’s efforts to launch digital lira. Kilicdaroglu stands on the opposite corner as a proponent...

Bitcoin’s troubles continued in the past 24 hours, and the asset charted a new two-month low before recovering over a grand. The altcoins are in the green today, with LDO taking the main stage with a massive double-digit price surge. BTC’s Pump and Dump Keeps Rolling The major news from the past week came when the US CPI numbers for April informed that the inflation rates had slowed down and were actually lower than the expectations. Bitcoin reacted positively to the news at...