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Bitcoin (BTC)

Why Bitcoin Is Once Again Considered a “Safe Haven”

Bitcoin – the world’s number one cryptocurrency by market cap – has had a couple of solid months. So solid, in fact, that it looks like many people are once again viewing the digital currency as a “safe haven,” something that clearly wasn’t occurring in 2022. Bitcoin Is a “Safe Haven” Once Again Last year was arguably the worst period on record for bitcoin and crypto. The digital asset wound up losing more than 70 percent of its overall value after hitting a new all-time...

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Did Bitcoin Mark a Local Top? Here’s the Level to Watch: BTC Price Analysis

Bitcoin’s impulsive rally seems to have temporarily halted, and the price will likely enter a correction phase before the next leg up. Overall, Bitcoin is facing significant resistance at the $30K level, which hasn’t been tested yet. Technical Analysis By Shayan The Daily Chart After forming a pullback to the 61.8% level of the Fibonacci entrancement level at $19.6K, the price initiated a massive rally with a current high above $28K. However, the bulls couldn’t reach the...

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Bitcoin Currently Outperforms 97% of S&P 500 Companies and Gold in 2023, Analyst Expects Crypto Supercycle 

Mike McGlone anticipates a Bitcoin Supercycle due to the asset’s raving performance despite economic circumstances. Commodity strategist Mike McGlone believes that a Bitcoin (BTC) Supercycle is on the horizon amid the leading crypto’s 2023 price upswing. According to the Bloomberg Intelligence senior commodity strategist, BTC’s recent performance compared to gold proves his claim. The prominent digital currency has outperformed gold almost tenfold this year and appears set to continue...

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Space Kek #22 – Mining et de Stratum v2

« Après une semaine de pause, c’est le retour tant attendu du Space Kek, pour discuter de mining et de Stratum v2. Stratum est le protocole utilisé par les mineurs et les pools de minage pour communiquer. La première version se fait vieille et ne répond plus aux besoins actuels. C’est pour cela que la version 2 est dans les tuyaux depuis quelques temps, et ça avance ! » – Lounès Ksouri. Pour...

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Bitcoin (BTC) Could Touch New All-Time High of $100,000 This Year

Some crypto industry insiders believe that BTC price can surge to its previous all-time high of $69,000 and even beyond to $100,000. The world’s largest cryptocurrency Bitcoin (BTC) has already delivered a solid performance this year so far outperforming all other asset classes by a considerable margin. Currently, Bitcoin is trading at $27,708 with a market cap of $535 billion. At this current price, the BTC price is up already 70% from January 1, 2023. The fact that this Bitcoin...

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EOS Price Analysis: Key Hurdle Could Spark Fresh Increase

EOS price started a downside correction from the $1.200 resistance against the US Dollar. The price is now trading below $1.15 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.150 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $1.150 and $1.20 resistance levels. EOS price is declining from $1.200 against the US Dollar, similar...

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Litecoin (LTC) Price Analysis: Bulls Aim Upside Break To $95

Litecoin started a steady increase above $78 against the US Dollar. LTC price is now trading above $85 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance at $85 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $88 and $90 resistance levels. Litecoin price is showing positive signs above $85 against the US Dollar, similar to bitcoin. LTC...

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Lorient : Bitcoin expliqué par des experts

Qu’est-ce que Bitcoin ? A quoi sert-il ? Comment peut-il vous protéger de l’inflation ? Vous avez des doutes sur le système bancaire actuel ? Vous êtes un commerce et vous souhaitez accepter les paiements en bitcoin ? Lorient Bitcoin organise une conférence gratuite le samedi 22 avril afin de répondre à toutes vos questions. Loin des » gourous » de la crypto, vous y trouvez des informations...

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White House Blasts Bitcoin for Having “No Fundamental Value,” Praises CBDCs

The Council fo Economic Advisors showed outright disregard for the purported benefits of Bitcoin and other cryptocurrencies in the President’s Economic Report released on Tuesday.  The report claimed that cryptocurrencies lack fundamental value, and also do not “act as effective alternatives to money.” Crypto: Expectations VS Reality The White House report included two dedicated sections pertaining to digital assets: one titled “The Perceived Appeal of Crypto Assets,” and the...

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Fed Hikes Interest Rates By 25 Points, Prompting Bitcoin Volatility

Despite fears surrounding the US banking sector, the Fed has followed through on its plans to quell inflation with an interest rate hike of 25 basis points on Wednesday. The decision notably affected the price of Bitcoin, which pumped $300 within 5 minutes of the announcement. Bitcoin started the day trading at $28,216, before rising to $28,417 ahead of FOMC.  The asset then broke upwards to $28,752 following the interest rate decision. It trades for $28,480 at writing...

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