Bitcoin (BTC)

Ever since the mid-year substantial sell-off, bitcoin miners’ reserves have been gradually rising, and their total holdings have reached a six-month high. Additionally, on-chain data showed that the reaccumulation levels had reached the September highs, right before BTC started to gain value rapidly. Miners Back to HODLing It was back in June this year when most bitcoin miners disposed of significant portions of their holdings in a relatively short period. This had a...

The Buffalo History Museum has agreed to accept donations in the form of cryptocurrency, a growing trend as of late. The Buffalo History Museum Is Open to Crypto There are several benefits to crypto donations which fall upon the giver and the receiver. For one thing, all crypto donations – just like those that are done through cash or a credit card – are completely tax-deductible. You can write the deduction off on your taxes and basically get money back or lessen what...

The Dogecoin Foundation, a non-profit organization dedicated to the growth of popular meme-inspired cryptocurrency Dogecoin (DOGE), has joined forces with the founder of Ethereum, Vitalik Buterin. The idea is to design a “Community Staking” system based on the Proof-of-Stake (PoS) consensus mechanism. This comes months after the foundation announced at the Bitcoin ESG conference held earlier this year that it is moving Dogecoin from Proof-of-Work to Proof-of-Stake. What is...

SPC Miner – a crypto mining rig manufacturer that has its headquarters in the United Kingdom – has announced it’s going to start mining digital currencies in Kazakhstan. As the world’s biggest landlocked country, Kazakhstan offers the company the space and resources it needs to already begin setting up its new S21 mining rigs throughout the nation. Kazakhstan Is the New Go-To Place for Mining Projects Kazakhstan has become something of a central bitcoin mining hub for...

Christmas Eve is upon us, and it’s a green one. The overwhelming majority of cryptocurrencies are trading well in the green today and, as a matter of fact – throughout the entire week. Let’s kick it off with Bitcoin. BTC’s price was trading at around $46,000 this time last week. We saw the first bullish attempt on Sunday, but the price was rejected above $48K and retraced back to $46K. Then, things started looking positive, and bitcoin started climbing towards $50K. It had...

The bitcoin price had recently reclaimed the $50K mark, topping a 16-day high. Reviewing the last year’s significant corrections, we can find an interesting pattern in the daily time frame; Breaking above the 20-day MA line and closing a candlestick above has frequently led to an upward trend. This pattern has been repeated six times but failed twice. The first failure was due to the fact that the market was already overheated. The second failed incident was due to FUDs...

Another year has passed, and we saw a number of exciting trends come and go in the cryptocurrency market. One that surely had a long-lasting impact is the trend of memecoins led by none other than Shiba Inu (SHIB). New research conducted by Global Data reveals that the social media conversations, including Shiba Inu (SHIB), have increased by a whopping 16,000% in 2021. By this metric, the meme-inspired cryptocurrency and self-proclaimed Dogecoin killer dwarfs every other coin...

« Il y a quelques jours Elon Musk relançait le débat à propos du Dogecoin en réitérant sa promesse de rendre possible l’achat de goodies Tesla avec la plus célèbre crypto à tête de chien. Attention, il n’a pas parlé de voiture … en tout cas pas encore ! Comme on pouvait s’y attendre, l’annonce a eu un effet immédiat sur le cours du Dogecoin qui a pris plus de 20% dans la journée. Ce n’est pas la première fois que le fantasque milliardaire américain fait la promotion du projet....

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Bitcoin cash price started a fresh increase above the $440 zone against the US Dollar. The price is now trading above the $450 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $435 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $460 for more gains in the near term. Bitcoin cash price is showing positive signs above $450 against the US Dollar, similar to...