Bitcoin tried its hand at taking down $20,000 yesterday once again, but, just like it happened earlier this week, it was stopped and dropped by almost $1,000. Most larger-cap altcoins are slightly in the red now, while there are some gains from the mid-cap ones. Bitcoin Rejected at $20K Once More Bitcoin had a significantly less volatile week than the previous one when the US Federal Reserve’s actions pushed it south to a three-month low at $18,100. The asset recovered some...
Read More »Spanish Telecom Giant Telefonica Embraces Bitcoin Payments
One of the largest telephone operators and mobile network providers in Spain – Telefonica – partnered with the crypto exchange Bit2Me to allow clients to pay for services in digital assets. Cryptocurrency adoption seems to be on a high level in the Iberian country. A few months ago, the leading airline company – Vueling – said travelers will be able to purchase flight tickets in bitcoin and other assets from January 2023. Telefonica Says ‘Yes’ to Crypto The Madrid-based...
Read More »Bitcoin Mining Company Rhodium Looking to Go Public Via SilverSun Merger
The Texas-based bitcoin mining giant is entering a merger agreement with SilverSun Technologies, a publicly-traded business technology solutions provider, as Rhodium is planning to list on Nasdaq after an initial delay. Meanwhile, the fall in the price of BTC and the ongoing crypto winter has caused bitcoin mining companies to struggle to stay afloat. Rhodium Makes Another Shot to go Public In an announcement on Thursday (September 29, 2022), the merger between SilverSun and...
Read More »Despite Bear Market, Billionaire David Rubenstein Remains a Crypto Proponent
The American billionaire and former White House official – David Rubenstein – reiterated his pro-crypto stance, predicting that the industry is “not going away.” His comments come in the midst of a market decline that has affected numerous digital assets. Bitcoin, for one, is currently 70% down compared to its all-time high valuation from November 2021. Crypto Provides Financial Freedom In a recent interview for Bloomberg, the Co-Founder of The Carlyle Group – David...
Read More »Forge (filiale de la Société Générale) et Crypto.com enregistrés en tant que PSAN
Forge, filiale de la Société Générale, figure désormais sur la liste des Prestataire de Services sur Actifs Numériques (PSAN) enregistrés auprès de l’AMF. La startup est désormais autorisée à acheter, vendre, échanger ou conserver des actifs numériques. Cet enregistrement n’est sans doute pas sans lien avec l’annonce, la semaine dernière, d’une nouvelle offre de la société mère qui, à travers sa...
Read More »LUNC Spikes 25% Weekly on Do Kwon’s Claims, BTC Rejected at $20K: This Week’s Recap
Unlike the previous week, which was full of volatility, the past seven days were quite more stagnant in the cryptocurrency space. Bitcoin, for one, had calmed around $19,000 after the most recent price drops and spent the weekend as well as Monday at that level. The situation changed on Tuesday when it initiated an impressive leg up, resulting in a price surge to over $20,000 for the first time in 12 days. However, the bears tightened their grip on the market and pushed the...
Read More »Another Hack Involving the Face of Crypto’s Elon Musk Has Occurred
A hacker has used an old video of Elon Musk talking about cryptocurrency to potentially infiltrate the South Korean government. Elon Musk Is Constantly “Loved” By Hackers The incident was reported during the early morning hours of a day in mid-September. A YouTube channel hosted by South Korean regulators that often features videos and commentary discussing incoming policies and government-based events was overtaken by the hacker. The channel presently has about 263,000...
Read More »Bitcoin Price Analysis: High Probability of Bullish Correction, According to this Indicator
Bitcoin’s bearish period still seems far from over as the price has been trapped in a consolidation region between $18K and $25K for the past four months. However, BTC is closer to breaking down the lower boundary, as it seems recently. Technical Analysis By Shayan The Daily Chart The 100-day moving average line, currently at $21.2K, has been acting as significant resistance to the price. In comparison, the $18K substantial support level remains the most critical price point...
Read More »MicroStrategy Looking to Hire Bitcoin Lightning Software Engineer
Prominent business intelligence and software company MicroStrategy is looking to hire a software engineer to develop a Lightning Network-based SaaS platform. This comes shortly after the firm’s former CEO – Michael Saylor – stepped down. According to its job listing, the company has advertised for a position that seeks an experienced software developer for a new platform that will be developed to offer enterprises “innovative solutions to cyber-security challenges and...
Read More »Jake Paul Bashes Biden Over Falling Crypto Prices
YouTuber and boxer Jake Paul has some harsh words for Joe Biden. Like many Americans, the social media star has grown disillusioned with the acting president, and a lot of it has to do with cryptocurrency. Jake Paul Is Not Happy with Biden, and Can You Blame Him? As many of his fans know, Paul is a mega crypto fan, having invested millions of dollars into the market before losing much of it in recent months like several traders. The digital currency scene is taking a...
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