Bitcoin (BTC)

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Solana price started a fresh decline from the $32.00 resistance zone against the US Dollar. The price is now trading below $31 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $30.60 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear move below the $29.50 support zone. Solana price is trading below $32 against the US Dollar, similar to bitcoin. SOL...

Bitcoin price started a fresh increase above the $19,000 zone against the US Dollar. The price is now trading above $19,100 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $19,520 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if there is a clear move above $19,550 level. Bitcoin price is rising above $19,000 against the US Dollar. BTC might gain bullish...

After getting the axe from America’s largest bank, the infamous rapper Kanye West may be gravitating towards Bitcoin.  The rapper has been spotted in multiple recent photos sporting a hat labeled “Satoshi Nakamoto” – the name of Bitcoin’s pseudonymous creator. Is Kanye a Bitcoiner? One of the photos was shared over social media on Sunday by Twitter user Quinten Francois. It shows West wearing a green jacket, rain boots, and the Satoshi hat, with a phone held to his face. Ye...

Curtis Warren – a British drug lord who was found guilty of smuggling cannabis – is due to be released from prison next month. The authorities, though, will supposedly put him back behind bars for five years if he uses WhatsApp, Facebook Messenger, or interacts with cryptocurrencies, including bitcoin. Strict Measures to Stay on the Loose Warren (also known as “Britain’s Pablo Escobar”) has been a problematic figure for the European authorities for the past decades. In 1996,...

Dans un document adressé aujourd’hui au Conseil, au Parlement Européen, au Comité économique et social européen et au Comité européen des régions, la Commission Européenne invite les Etats à mettre en œuvre des mesures pour réduire la consommation d’électricité des mineurs de « crypto-actifs » pour faire face aux prix élevés de l’énergie, et à mettre fin aux allégements fiscaux bénéficiant aux mineurs dans certains États membres. Elle...

Bitcoin has made its first appearance in the Guinness World Records, now officially honored as the “first decentralized cryptocurrency.” Its inclusion was part of a larger category labeled “cryptomania”, under which many other blockchain-related phenomena were mentioned.  Famous Crypto Records According to the latest edition of the reference book, Bitcoin is the “oldest,” “most valuable,” and “first-decentralized” cryptocurrency.  Since its first-of-a-kind creation in 2009,...

Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, believes Bitcoin is at its most discounted price on a 100-week and 200-week moving average. He also predicted that the crypto asset would trade 5x its current price in five to ten years. During a recent interview with Stansberry Research, McGlone opined that Bitcoin is getting pounded by the Federal Reserve and so is at its most discounted price.  Bitcoin Will Trade at $100k  The Bloomberg strategist is...

It seems that with the bitcoin and crypto markets doing so poorly as of late, crypto fanatics and traders are doing all they can to potentially make themselves feel better about the situation(s). Thus, the new narrative for bitcoin is not that it’s a hedge against inflation or that it’s digital gold. Rather, most crypto traders are telling themselves that “a bitcoin is a bitcoin.” Bitcoin Is What It Is What does that mean, exactly? Well, it seems to mean exactly what it...