Crypto news

Bitcoin price started a strong increase above the $17,000 and $18,000 resistance levels against the US Dollar.The price traded as high as $18,493 and it settled nicely above the 55 SMA (H4).There is a key bullish trend line forming with support near $16,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but the bulls are likely to remain active near $17,200 and $17,000.Bitcoin price is showing bullish signs above the $17,000 zone...

Despite receiving nearly 500,000 answers telling her not to “go long on Bitcoin,” the actress portraying Arya Stark in the legendary Game of Thrones TV series, Maisie Williams, has gone against their advice and actually purchased bitcoins. Williams Defies The Critics And Buys Bitcoin As reported yesterday, the 23-year old actress took it to Twitter to ask her nearly 3 million followers whether or not she should “go long on Bitcoin.” The community didn’t disappoint, and over...

SpaceX’s Crew-1 spaceship flew 4 astronauts to space yesterday. But it seems the shuttle also dragged the bitcoin and cryptocurrency market along with it. As in what happens to be a revisit of 2017, BTC smashed past the $18,000 price mark pushing the total digital asset market cap north of $500 billion. The excitement was short-lived, however, as the cryptocurrency took a u-turn and decreased by more than $1,000 moments after touching its intraday high. Bitcoin Price Blasts...

The maiden halving event will cut the Zcash inflation rate from 25% to 12.5%, which is significant because the privacy-focused altcoin has been hampered by high inflation since its inception in 2016. A series of halvings every four years beginning with today’s one in around six hours’ time which will decrease inflation substantially. Zcash block rewards will also be cut from 6.25 to 3.125 ZEC per block. Messari crypto noted that it will also undergo its fourth network...

If you have some Bitcoin in your wallet – and you live in Brazil – you can attack your country’s electoral infrastructure and bring the public institutions to their knees while people express their anguish as they wait for the results of a critical election to measure the leadership of the current president, deemed the Donald Trump of South America. Last weekend, Brazil had its municipal elections. More than 57,000 new council members were elected (the exact number has not...

Bitcoin is all the rage as of late, and it looks like more companies are looking for ways to reward their customers with the world’s number one digital currency by market cap. We all require groceries each month, and thus one of the largest grocery retailers in America – Kroger – has stepped forward and is offering its customers regular bitcoin rewards just for making normal, everyday purchases at their outlets and stores.Kroger Is Offering BTC Rewards to ShoppersOver the past week or so,...

One of the big stories centering on bitcoin during the latter half of 2020 was the fact that Square – a company operated and owned by Twitter founder Jack Dorsey – has purchased a large sum of it.Square Has Bought Bitcoin – So What Have We Learned?Last month, the company announced that it had made a $50 million investment in the world’s number one cryptocurrency by market cap, and that it had also earned quite a bit of bitcoin-related revenue during its final quarters of 2020. This is a...

Bitcoin shows absolutely no signs of slowing down. After taking over $16,000 a few days back, the cryptocurrency is now trading well over $17,000 on its way to the former all-time high. The last time the price was this high, it only took six days to reach its ATH value. This happened back in December 2017. Bitcoin Price Blasts Through $17K It’s safe to say that bitcoin’s price has been on fire throughout the past couple of weeks. The cryptocurrency is up an astonishing 53% in...

Bitcoin has stumbled over the past 24 hours, falling back below the $16,000 line. At the time of writing, the currency is selling for just over $15,800, about $500 less than where it stood in its recent prime.Bitcoin Has Backed Off a BitAnd yet, analysts don’t seem bothered by this. In fact, they claim that the currency is likely to encounter “minimal resistance” as it continues to reach towards $20,000. This is the sentiment of industry experts such as Jason Lau, the chief operating officer...

Bitcoin price has erupted through the psychological $17,000 level today. It is now breaking through the first high set way back in January 2018, after the primary cryptocurrency crashed from its all-time high level of nearly $20K. This is the first time Bitcoin has been above the $17,200 mark in 1,066 days. Over the last 40 hours, $32 billion has flooded back into the crypto markets – according to data by CoinGecko. It’s been speculated that one of the main catalysts for this...