Bitcoin (BTC)

ADA price gained bearish momentum below the $0.35 support zone against the US Dollar. The price is now trading below $0.350 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.312 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to clear the $0.320 resistance zone. Cardano price is struggling below $0.35 against the US Dollar, similar to bitcoin. ADA price could gain...

As bad news regarding FTX’s bankruptcy keep appearing in crypto (and mainstream) media, investors have rushed to bet against bitcoin and the crypto market, with bear positions hitting two-year highs. According to the “Digital Asset Fund Flows Weekly Report” from European cryptocurrency investment firm CoinShares, a bearish sentiment took hold of the crypto market during the last week to such an extent that short positions accounted for 75% of all trades in the market. This...

On November 21, U.S. Patent and Trademark Attorney Michael Kondoudis announced that JP Morgan & Chase Co, the largest bank in the United States— and one of the largest financial companies in the world— registered a patent to venture into the Web3 with a digital crypto wallet. According to Kondoudis, the U.S. Patent and Trademark Office (USPTO) approved the application by JP Morgan & Chase Co.on November 15. The wallet will offer services like virtual currency transfer...

Shares for Coinbase, America’s largest cryptocurrency exchange, are trading at another all-time low as Bitcoin and the crypto market log some of the lowest digital asset prices in over two years. COIN stock fell 8.9% on Monday, from $44 at 14:20 UDT to $41.23 when the day closed.  The current price is down 37% over the past month, and 87% from its all-time high of $342 in November of last year.  Meanwhile, Coinbase 2028 bonds are trading for only $0.51 on the dollar,...

The American billionaire investor and hedge fund manager – Bill Ackman – reiterated his support for crypto, maintaining that the sector is “here to stay.” He also endorsed the blockchain-based network Helium, saying the project’s token HNT could “build intrinsic value over time.” Helium’s Merits In a recent series of tweets, the Founder and CEO of Pershing Square Capital – Bill Ackman – argued that Helium is one of the “interesting crypto projects” with numerous benefits. For...

Bitcoin crashed back beneath $16,000 on Monday, marking another 2-year low of $15,588.  Bitcoin began to show weakness at $16,000 at roughly 16:30 UDT, when the price briefly wicked down to $15,917. The asset then recovered to roughly $16,000, before crashing again to $15,588 at 19:45 UDT.  Ethereum also collapsed below $1,100 to just $1,084 at the time. The last time Bitcoin’s price touched these lows was in early November 2020, prior to Bitcoin’s bull market run that took...

Bitcoin miners are selling their coins at a record pace after the top cryptocurrency by market cap fell to its lowest price in 2022 this month.  According to Charles Edwards – founder of Capriole fund – Bitcoin miner sell pressure has skyrocketed by 400% within 3 weeks alone.  His data is backed up by a similar finding from Glassnode, which showed total miner balances plummeting to a 10-month low this week. Their holdings are now worth roughly $30.4 billion, representing...

Pro Shares became famous last summer when it announced it would be unveiling the United States’ first bitcoin-based exchange-traded fund (ETF). Pro Shares Has Gone from Hero to Zero Many analysts and traders had mixed feelings about the product. On one hand, traders in the U.S. would now be gaining access to a product they had long wished for. Many people were hoping that a bitcoin-based ETF would come along soon, though there were those who doubted the product as it was...

Press Release: The 2022 World Cup is just around the corner; it is a breath of fresh air for every nook and cranny of the world. November 16 2022, Limassol, Cyprus — 1xBit, an online crypto betting site, has decided to let the cat out of the bag and let everyone join the Ticket Rush tournament. The Ticket Rush tournament is a rare chance to get a piece of the prize pool set at 3 BTC. What You Need to Know About Ticket Rush Now is the appropriate time if you have been...

Après plusieurs semaines de préparation, Bitstack annonce le lancement de Comprendre Bitcoin. Un projet pédagogique pour découvrir Bitcoin dans un langage simple, clair et accessible à tous. Et je vais personnellement participer à cette belle initiative ! Le Blog Découvrez chaque semaine un nouvel article 100 % Bitcoin que je publierai sur le blog de Bitstack. Au programme : les essentiels de Bitcoin, des articles techniques, des...