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Bitcoin (BTC)

Cardano (ADA) Price Analysis: Downtrend Intact Below $0.8

ADA price started a steady decline from the $0.80 resistance against the US Dollar. The price is now trading below $0.70 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.655 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to recover above the $0.655 resistance zone. Cardano price is declining below $0.70 against the US Dollar, similar to bitcoin. ADA price...

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Near Foundation Establishes Blockchain Hub in Kenya: Report

Near Foundation – the Swiss non-profit that oversees the development of Near Protocol – reportedly teamed up with the Kenyan blockchain community Sankore to launch a regional hub in the African country. The unit will focus on crypto innovations, education, and talent development throughout the continent. Africa’s Latest Crypto Project Several recent studies estimated that emerging economies and developing countries are particularly thriving areas for the crypto industry....

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Following El Salvador, the Central African Republic Declares BTC Legal Tender

The Central African Republic (CAR) has become the second country after El Salvador to declare bitcoin legal tender. Customers can walk into any store or company and purchase goods and services with bitcoin and owners and managers must be accepting of the digital currency. The Central African Republic Says “Yes” to Bitcoin In a statement, Obed Namsio – the chief of staff of Faustin Archange Touadera, the President of the Central African Republic – said that a bill had...

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El Salvador Buys Another 500 Bitcoin Amid Market Pullback

El Salvador president Nayib Bukele has announced another Bitcoin purchase amid the current crypto market turmoil. Over Twitter, Bukele claimed to have bought exactly 500 Bitcoin for an average of $30,744 dollars each on Monday. The president, who has admitted to making Bitcoin buys from his phone using the country’s money, referred to the purchase as “buying the dip”. As of today, Bitcoin has closed its 6th consecutive red weekly candle for the first time since 2014. It’s...

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Yuga Labs’ NFTs Trading Volumes Slump Amid Crypto Selloffs

The Otherdeed NFTs drop caught massive attention from the industry last week as high demand triggered unprecedented Ethereum fees. Otherdeeds are the NFT collection for claiming virtual land in Otherside, the metaverse space created by Yuga Labs – the parent company behind Bored Apes Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) However, as the crypto bloodbath continues with Bitcoin dumping to the lowest point since last July, the transaction volume for blue-chips NFT...

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Fort Worth, Texas Is the First Official US City to Mine Crypto

Fort Worth, Texas has become the first city government in all the United States to mine bitcoin. The city is employing three Antminer S9 rigs that will run all day, every day in a technology wing of the region’s city hall. Fort Worth, Texas Is at the Heart of BTC Mining Per city estimates, each rig will require about as much energy as a standard vacuum cleaner. Officials assure residents that the process will be clean. In addition, all three machines will be run on a...

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Over $300 Million Liquidated in an Hour as Bitcoin Plunged to $31K

More carnage swept through the crypto markets today, with another $300 million worth of trades liquidated within an hour. This happened as Bitcoin’s price plunged as low as $31,000 – its lowest level since July 2021. According to Glassnode, exactly $314.3 million in trades have been cleared within the last hour and $724.99 million within the last 24 hours. Interestingly, about half of the lost positions were on ETH trades ($154 million) while significantly less were lost on...

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Le bitcoin à moins de 30 000 euros

En baisse de plus de 7% en une journée et de plus de 12% en deux jours, le bitcoin s’affiche actuellement à un peu moins de 30 000 euros (31 500 dollars) sur le principales plateformes d’échange, son plus bas niveau depuis juillet 2021. A son sommet, le 10 novembre 2021, bitcoin avait atteint les 59 600 euros (68 950 dollars). Evolution du cours du Bitcoin à l’échelle logarithmique (en dollars)...

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Apéro crypto Landes #2

Venez échanger autour de l’actualité de Bitcoin et des cryptomonnaies au restaurant La Fabrique à Moliets-et-Maa dans le département des Landes. Evénement organisé par l’atelier Fantaisie Noire Où ? – Restaurant La Fabrique, 2655 Av. de l’Océan à Moliets-et-Maa Quand ? – Mercredi 11 mai 2022 à partir de 18h En savoir plus : https://www.instagram.com/p/CdIMMTHKYO3/ ...

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Stellar Lumen (XLM) Price At Risk of More Downsides Below $0.15

Stellar lumen price started a fresh decline from the $0.1880 resistance zone against the US Dollar. XLM price is now trading below $0.1700 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $0.1610 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a move below the $0.1500 support. Stellar lumen price is trading in a bearish zone below $0.1700 against the US Dollar,...

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