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Bitcoin Price Analysis: BTC Struggles Below $48K

Bitcoin price failed to gain pace above the $49,000 resistance against the US Dollar. The price is now trading below $48,000 and the 55 simple moving average (4-hours). There are two bearish trend lines forming with resistance near $48,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must stay above the $46,500 support level to continue higher in the near term. Bitcoin price is struggling to climb above $48,000 against the US Dollar. BTC...

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Binance Brings New Manager Onboard to Head Its Singapore Office

Binance is improving Singapore’s status as a cryptocurrency and bitcoin hub through its latest hiring maneuvers. The world’s number one digital currency exchange by daily trading volume has announced that it is bringing Richard Teng onboard as the new CEO for its Singapore office. Binance Is Expanding in Singapore Teng is a previous Singapore Exchange executive who’s got the skills the company needs to ensure digital currency protocols move forward appropriately. In a...

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Premium Collection of Historical Masterpieces Launched with Binance NFT

Binance NFT will soon open a premium collection from The State Hermitage Museum to their marketplace, which includes recreations of the museum’s masterpieces. The Collection: “Your token is kept in the Hermitage” As Binance just announced, The museum’s NFT collection is titled “Your token is kept in the hermitage” and includes 5 digital reproductions of artworks by legendary artists whose physical works they own. Specifically, the collection will include virtual copies of:...

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China BTC Miners Are Stepping Back into the Spotlight

Cryptocurrency miners from China are now beginning to set up shop in neighboring countries such as Russia and Kazakhstan. As a result, they are coming back online to extract new bitcoin units, and they are again presenting serious competition to miners in the United States and other bitcoin havens. Miners in China Are Setting Up Shop Elsewhere Not long ago, Beijing ruled that all mining in China was to be banned, claiming that the hazards of bitcoin mining were simply...

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Grösster Schweizer Blockchain Hackathon in Zürich, Genf und Lugano

Swiss Blockchain Hackathon Der Swiss Blockchain Hackathon findet vom 29. bis 31. Oktober 2021 statt und wird im Rahmen des NTN Innovation Booster – Blockchain Nation Switzerland durchgeführt. Das mehrjährige Förderprogramm wurde von der Schweizerischen Agentur für Innovationsförderung (Innosuisse) initiiert. Gemeinsam mit dem Konsortiumspartner Trust Square wird der Hackathon an verschiedenen Standorten in der Schweiz gleichzeitig...

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Vitalik Buterin Tells How Jack Dorsey’s TBD Might Build the Bitcoin DEX

The success of DeFi (decentralized finance) blockchain apps has not escaped the notice of Square Payments (NYSE: SQ) CEO Jack Dorsey. The engineer, businessman, and BTC advocate recently announced that his blockchain project, TBD, will enter the space by creating a Bitcoin DEX. Vitalik Buterin “Skeptical” About Bitcoin DEX In a recent interview, Ethereum co-founder Vitalik Buterin told Bloomberg Technology he wasn’t very impressed with the new endeavor. Buterin thinks it...

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Accelerate Financial Is Planting Trees in Exchange for $$ Invested in Its BTC ETF

Accelerate Financial Technologies Inc. is planning to unveil a new bitcoin-based exchange-traded fund (ETF) soon, and in return, the company has stated that it will plant more than 3,000 young trees as a means of fighting the carbon footprint that mining bitcoin is alleged to leave behind. Accelerate Financial Technologies Is Trying to Offset Bitcoin’s Negativity Over the past several months, there have been many arguments that mining cryptocurrency is somehow hazardous...

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Andermatt: The Chedi setzt auf Bitcoin

Im Schweizer Luxus- und Lifestylehotel The Chedi Andermatt kann ab sofort mit zwei der beliebtesten Kryptowährungen bezahlt werden: Bitcoin und Ethereum. Mit Einführung der neuen Hotel-Payment-Lösung setzt das The Chedi Andermatt damit auch im Zahlungsbereich auf Innovationen, um Gästen moderne Technologien während ihres Aufenthalts anzubieten. Die Lancierung erfolgt in Partnerschaft mit dem Zahlungsdienstleister Worldline und dem Schweizer Kryptodienstleister Bitcoin Suisse....

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KSM Spikes 30% to a Two-Month High Ahead of Kusama’s Parachain Auction Start

With the anticipation building ahead of Kusama’s upcoming parachain auctions, the price of the native token has skyrocketed in the past 24 hours to a two-month high at nearly $400. CryptoPotato reported earlier this month Kusama’s announcement in regards to the new parachain auctions. This edition comes after the success of the previous six auctions, which saw massive competition between participants. They took place between June 15th, 2021, and July 20th, 2021. Some of the...

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Ethereum Price Analysis: ETH Surges 8% Daily to Paint Fresh August Highs

ETH/USD – Ether Finally Breaks August Resistance Key Support Levels: $3350, $3200, $3000.Key Resistance Levels: $3540, $3600, $3700. Ethereum has been trapped inside a consolidation period since it established resistance at $3350 during mid-August. The cryptocurrency failed to overcome the resistance provided by a bearish .618 Fib Retracement and ended up forming a symmetrical triangle from there. ETH had been trading inside this triangle pattern for the past fortnight as it...

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