Bitcoin (BTC)

ADA price failed to surpass the $0.400 resistance and declined against the US Dollar. The price is now trading below $0.400 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.320 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.315 support zone. Cardano price is struggling below $0.40 against the US Dollar, similar to bitcoin. ADA price...

Net exchange outflows have soared in the wake of FTX’s bankruptcy, inciting crypto holders everywhere to look after their own digital assets.  Data from on-chain analysis firm CryptoQuant shows that over $8 billion in crypto has flowed off of centralized exchanges since November 6th – when worries about FTX’s solvency began to propagate. Since Binance CEO Changpeng Zhao’s worrying statements about FTX last week, $3.7 billion worth of Bitcoin has been withdrawn from...

With Bitcoin having recently touched its lowest price point in 2022, some Bitcoin enthusiasts feel that now is a good time to buy.  One of them is Edward Snowden. The ex-NSA contractor said on Monday that he is feeling the urge to “scale back in” to Bitcoin for “the first time in a while.”  In his statement over Twitter, Snowden attached a Bitcoin price chart marking the last time he had released a similar statement.  At the time, Snowden said he “felt like buying Bitcoin”...

« Cette semaine, épisode un peu différent de d’habitude : pas de sujet en particulier, nous répondrons à toutes les questions que vous avez, sur les sujets déjà abordés ou pas. S’il y a quoi que ce soit que vous n’avez pas bien compris sur les précédents sujets ou sur n’importe quel pan de Bitcoin, posez vos questions sous ce tweet ou en live, et nous tacherons d’y répondre ! Les questions sont une...

The European Union (EU) is working on a new program that will label the type of energy utilized for bitcoin mining projects. The program is set to determine the level of efficiency behind the module utilized by a specific project. In other words, we’ll know if it is proof of work (PoW), proof of stake (PoS), or something else entirely. Crypto Mining Will Be Labeled in the EU The goal is to ensure that electricity is not wasted and put to the best use possible. This has...

Per data from Crypto Quant, people continue to take their bitcoin and digital currency funds out of exchanges. In October alone, more than $750 million in BTC was moved out of digital currency trading platforms in a single day. Why Are People No Longer Using Exchanges? This likely suggests that people continue to lose faith in crypto. The space has been crashing like crazy for the past several months, and the price of bitcoin is the real clincher. Just last year, bitcoin...

The five-star hotel W Dubai – The Palm allowed guests to pay for accommodation in Shiba Inu (SHIB). Another luxurious venue in the city where travelers can settle bills in digital currencies, such as BTC and ETH, is Palazzo Versace Dubai. The American multinational fast food restaurant franchise – Subway – also jumped on the bandwagon. Three of its outlets situated in Berlin started accepting bitcoin as a means of payment. The Palm Embraced SHIB W Dubai – The Palm – one of...

The prominent bitcoin bull – Michael Saylor – opined that the FTX crisis will have certain benefits on bitcoin. In his view, the turbulence will eliminate thousands of useless digital assets while the primary cryptocurrency and a “handful” of other coins will be the only survivors. ‘Bitcoin Will be the Winner’ In a recent interview for CNBC, MicroStrategy’s Executive Chairman – Michael Saylor – argued that bitcoiners (like himself) are “trapped in a dysfunctional...

Table ronde autour de Bitcoin organisée par PyratzLabs. Où ? – PyratzLabs, 7 rue Pablo Neruda, 92300 Levallois-Perret Quand ? – Mercredi 16 novembre 2022 de 18h30 à 22h30 Avec : Yorik De Monbynes : Commissaire aux comptes à la Cour des comptes, il est intervenant expert sur les sujets relatifs au bitcoin et à l’histoire des monnaies.Nathalie Janson : Economiste spécialisée dans la banque...

Bitcoin experienced a significant drop in mid-October of this year after roughly 48,000 units were moved out of Coinbase, one of the world’s leading and most popular digital currency trading platforms. Coinbase Loses a Lot of BTC Business The transaction was first reported on by Crypto Quant, which claims the outflow of bitcoin from Coinbase was the second largest in the history of the digital currency arena. The company claims this is proof that virtually everyone –...