Bitcoin (BTC)

After flirting with and above the $17K level for a few days, Bitcoin’s price has been unsuccessful in charting any significant gains above it. Finally, the bears seem to have taken over and pushed the cryptocurrency below it. This happens as the entire market capitalization lost around $20 billion in the past 24 hours, and altcoins are predominantly trading in the red. Bitcoin’s Price Losing $17K The past 24 hours haven’t been particularly favorable throughout the entire...

Jordan Belfort – the infamous stock broker whose story inspired Martin Scorsese’s film “The Wolf of Wall Street” – thinks the only two cryptocurrencies investors should deal with at the moment are bitcoin (BTC) and ether (ETH). He cautioned people should invest only a small amount of their total portfolio in crypto due to the volatility and risks in the field. Don’t Disregard Bitcoin Belfort uploaded a video called “My Current Crypto Update” to give his two cents on hot...

Tron price started a downside correction from the $0.0550 level against the US Dollar. TRX price is now trading below $0.0535 and the 55 simple moving average (4-hours). There was a break above a declining channel with resistance near $0.0532 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.055 resistance zone. TRON price started a fresh increase above $0.052 against the US Dollar, similar bitcoin. TRX price could rise further if it clears...

Bitcoin price started a recovery wave above the $16,500 support against the US Dollar. The price is now trading above $16,600 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $16,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could recover further if it clears the $17,420 resistance zone. Bitcoin price is recovering above $16,600 against the US Dollar. BTC might extend its recovery if it stays above the...

Gridless – a Kenyan-based Bitcoin mining company – has announced raising a $2 million seed investment round led by venture capital investor Stillmark and digital payments firm Block, Inc. According to the official press release, Gridless harnesses small-scale renewable energy grids in rural Africa. The company has participated in five different project contract pilots in rural Kenya alongside an African hydroelectric company – HydroBox. Currently, three of these pilots are...

The Financial Times (FT) published a document on Tuesday exposing where Alameda’s venture investments went days before the FTX Group filed for bankruptcy.  Its hundreds of investments included high-profile companies like SpaceX, and a variety of crypto tokens like Polygon (MATIC), and NEAR.  The spreadsheet, dated early November, included Alameda’s private equity portfolio, alongside “some FTX bets mixed in.” According to the document provided, Alameda had over $5.4 billion...

Bitcoin payments platform Strike has now expanded to Africa, enabling instant and low-cost remittances to the continent by leveraging its new “Send Globally” feature. The tool, available to all American Strike users, will offer initial coverage to Nigeria, Kenya, and Ghana.  Bringing Bitcoin to Africa As announced by Strike on Tuesday, the feature was launched in partnership with the African Bitcoin company Bitnob. Within the app, U.S.-based Strike users can immediately send...

Présenté aujourd’hui lors de la conférence Ledger Op3n qui se déroule actuellement à Paris, Stax est un hardware wallet pourvu d’un écran tactile conçu par Ledger en partenariat avec l’ingénieur américain Tony Fadell, concepteur du design du premier iPod. Stax se propose de répondre à deux problématiques d’actualité : Permettre aux utilisateurs de ne pas dépendre de tiers de confiance pour la...

The host of CNBC’s Mad Money show – Jim Cramer – said cryptocurrency investors still have time to sell their “awful” positions. His previous advice has often been inaccurate, prompting numerous participants to anticipate a market surge after the latest comments. Cramer’s on the Spotlight Again During his most recent show, Mad Money’s host urged investors to cash out their cryptocurrency at all costs. He thinks “it’s never too late” to exit the market, hinting the crypto...

A rumor was swirling around online that the nation of El Salvador in Central America had tons of bitcoin locked away in the FTX exchange, which has now filed for chapter 11 bankruptcy. However, many industry heads – including Changpeng Zhao of Binance, the company that at one point was likely to purchase FTX and save it from its present string of problems – are saying this is not true, and that the country is not in any danger. El Salvador Says It’s Not Tied to the Failed Exchange El...