After dropping over $4K in just a day, the bitcoin price now faces a critical support level. Technical Analysis After failing to close a daily candle above $48K on January 4 (Tuesday), and following the global markets plunge, the BTC price dropped to $42.5K on Bitstamp. Over the past hours, bitcoin has been trading in the range of $42-43.5K. The $40-42K zone has been a reliable support level for the recent weeks, and so far, BTC has maintained this range. All in all, the low...
Read More »Thomas Peterffy Has Become a BTC Fan in Just 5 Years
Thomas Peterffy was once a bitcoin skeptic. Now, he has changed his mind, suggesting the cryptocurrency has come much farther than he – and several others – ever could have imagined. Thomas Peterffy Seems to Like BTC Bitcoin began its financial journey about 13 or 14 years ago. The asset was first brought to our attention through a 2008 whitepaper and the currency was first mined in early 2009. Since then, while it had something of a slow start, the currency has risen in...
Read More »Manuel de survie dans la jungle des poncifs anti-Bitcoin
Le 17 décembre dernier, j’ai été invité à débattre avec Nicolas Dufrêne sur France Culture quant au rôle de Bitcoin comme monnaie. M. Dufrêne venait en effet de publier une tribune dans Le Monde réitérant les poncifs classiques à l’égard de la première des cryptomonnaies. Cependant, le format initial étant fortement limitant, je vais essayer de déconstruire plus longuement ces arguments par l’écrit. Ce papier s’adresse plus généralement...
Read More »Abu Dhabi Wants to Be the World’s Biggest BTC Haven
Abu Dhabi – the capital of the United Arab Emirates (UAE) – has stated that it is looking to become one of the biggest crypto hubs in the world. The region is looking to reduce its reliance on standard gas and oil while boosting its investments in the crypto space. Abu Dhabi and Crypto… A Solid Match? The UAE was one of the first nations to establish regulation for the growing crypto space, having done so in 2018. Since then, many new digital currency trading platforms...
Read More »Bitcoin mit schwachem Start ins neue Jahr
Die erste Woche des neuen Jahres nähert sich dem Ende. Und für den BTC lief der Start ins Jahr 2022 nicht zufriedenstellend. Zu Beginn der Woche stieg die Hashrate deutlich an, so dass viele Experten ein Kursplus erwarteten, doch letztlich ging es um weitere 10 Prozent im Wochenvergleich runter. Bitcoin News: Bitcoin mit schwachem Start ins neue JahrArcane Research sah einen Anstieg der Hashrate zum Jahresbeginn, der sogar das Allzeithoch aus Mai 2021 überstieg. Dieser Indikator ist...
Read More »Bitcoin Proponent Raoul Pal Sees Crypto Market Cap Hitting $250M by 2030
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Read More »Bitcoin Price Below $43K as BTC Hashrate Down due to Protests in Kazakhstan
Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...
Read More »EOS Price Analysis: Bears In Control Below $3
EOS price started a fresh decline from the $3.30 zone against the US Dollar. The price is now trading below $3.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $3.10 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear break below the $2.75 support. EOS price is showing bearish signs below $3.00 against the US Dollar, similar to bitcoin. The price...
Read More »Litecoin (LTC) Price Analysis: Bearish Below $150
Litecoin price declined sharply below the $150 zone against the US Dollar. LTC price is now trading below $150 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $145 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below the $130 support. Litecoin price is gaining bearish momentum below $140 against the US Dollar, similar to bitcoin. LTC...
Read More »Bitcoin Plunges Below $43K As Wall Street Tumbles
The crypto market is tanking following a negative day on Wall Street, taking Bitcoin’s price to lows it hasn’t seen in 3 months. Hours ago, the primary cryptocurrency was trading in the upper $46k range. Beginning at around 19:40 UTC, its price collapsed down to $45k. Prices continued to fall over the next two hours, with prices now below $43k at the time of writing. The event hasn’t been kind to bulls. Coinglass data shows $500 million in crypto liquidations having taken...
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