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Bitcoin (BTC)

Markt wieder oberhalb von einer Billion US-Dollar

Gestern überstieg der Wert des Gesamtmarktes wieder die Marke von einer Billion US-Dollar. Damit hat der Markt ein neues Monatshoch erzielt – vor 6 Wochen erreichte er zuletzt diese Marke. Die meisten der größeren Cryptocoins schalteten im Wochenvergleich auf Grün, viele konnten sogar im zweistelligen Prozentbereich zulegen. Crypto News: Markt wieder oberhalb von einer Billion US-DollarEthereum und DOGE waren die großen Gewinner der letzten 7 Tage. Der ETH gewann fast 20 Prozent, DOGE sogar...

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Analysts: Bitcoin Could Spike in 2023 if the Dollar Falls

The first week of October saw bitcoin moving much higher than where it had been. Previously, the asset was struggling to maintain a position in the $19K range, though things turned around somewhat during the early portions of the tenth month of the year to see BTC shoot up into the low $20K range. It’s not much, but it’s something, and analysts and traders everywhere chose to celebrate the hike rather than focus on how small it was. Bitcoin Could Be in for a Series of...

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EOS Price Analysis: Key Upside Break Could Trigger Rally

EOS price rallied and was able to clear the $1.10 resistance against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.080 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $1.15 and $1.18 resistance levels. EOS price is rising above $1.10 against the US Dollar, similar to bitcoin. The price...

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Bitcoin Optech – Bulletin #222

Bulletin d’information hebdomadaire Bitcoin Optech du 19 octobre 2022. Traducteur : @copinmalin. La newsletter de cette semaine décrit le bug d’analyse de blocs affectant BTCD et LND la semaine dernière, résume la discussion sur un changement de fonctionnalité prévu sur Bitcoin Core lié au replace-by-fee, décrit la recherche sur les validity rollups avec Bitcoin, partage une annonce sur une...

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Bitcoin Touches $21k as Bank of Canada Flashes Signs of Pivot

Bitcoin reached past $21,000 on Wednesday for the first time since mid-September, following a lower-than-expected rate hike at the Bank of Canada.  Economists say the move may signal a reversal from the central bank’s tight monetary policy stance. The Effect of Rate Hikes Canada’s central bank, which announced a 50 basis point increase to its policy rate on Wednesday, said its recent rate hikes are showing evident effects in “interest sensitive” economic areas. “Housing...

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Zen Ledger Says “Yes” to Crypto Payments

Zen Ledger – a leader in digital currency tax software – has announced it is partnering with crypto payment processor Bit Pay so it can accept crypto payments for goods and services. Zen Ledger and Bit Pay… A Perfect Match! The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative or even hedge-like statuses in recent...

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The Treasury Wants to Regulate Crypto… And Fast

The U.S. Treasury has warned that unregulated cryptocurrencies could come back to haunt the United States and its financial workings. The Treasury Is Terrified of Crypto The Treasury has been engaged in digital currency research for some time given that back in March, Joe Biden issued a crypto executive order calling for all financial agencies within the United States to examine and explore the risks and alleged advantages associated with digital currency assets. The...

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‘Ill-Timed” ProShares Bitcoin ETF Plunges Over 70%

As per the data compiled from Morningstar Direct for FT, the Bitcoin Strategy fund (BITO) launched in October 2021 by ProShares lost money on an “unprecedented scale.” The ETF has attracted consistent inflows throughout the past year, with only two withdrawals. However, data suggested net inflows of $1.8 billion in its debut year, while its current assets were recorded at $624 million, meaning a 70% drop in the fund’s equity price. Down 70% Jeffrey Ptak, chief rating officer...

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