Thursday , October 6 2022
Home / Tag Archives: Bitcoin (page 30)

Tag Archives: Bitcoin

Bitcoin Price Analysis: BTC Remains at Risk of Major Decline

Bitcoin price started a fresh decline from the $66,000 resistance against the US Dollar. The price is now trading below $62,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $62,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could accelerate lower if there is a break below the $58,500 support zone. Bitcoin price is gaining pace below $60,000 against the US Dollar. BTC might...

Read More »

Bitcoin at $68,000 – It’s Highest Peak to Date!

Bitcoin – the world’s number one digital currency by market cap – has hit a new all-time high of roughly $68,000 per unit. Bitcoin Hits a New Peak While the currency is back down in the $67,000 range at the time of writing, we are clearly seeing a strong pattern. 2021 has been the year of all-time highs for bitcoin, as the currency first rose to about $64,000 per unit before stepping back and rescinding some of its gains. The bearish period that came soon after lasted...

Read More »

Landry’s Paves the Way for Restaurant Fans to Earn BTC Rewards

If you like steak, shrimp, and beer, you might be able to garner cryptocurrency rewards for purchasing them. Restaurants such as Bubba Gump Shrimp, Morton’s Steakhouse, and the Rainforest Café – all owned by a corporation called Landry’s – are giving customers a chance to earn digital currency rewards whenever they dine in depending on what meals or products they buy. Landry’s Permits BTC Rewards for Buying Shrimp and Steak Landry’s has partnered with the NYDIG to...

Read More »

Rahul Rai: Ethereum Will Almost Certainly Outdo BTC

Ethereum, over the past few months, has had a habit of garnering more praise and attention than bitcoin, the world’s largest and most popular digital currency by market cap. The currency is now getting even more praise from the likes of Rahul Rai, a digital currency hedge fund manager who believes that the asset will overtake bitcoin as the number one virtual asset before 2023. Ethereum Is Going to Flip BTC, Says Rai Rai thinks Ethereum will potentially hit the number...

Read More »

Will Zimbabwe Be the Next Nation to Declare BTC Legal Tender?

The African country of Zimbabwe is allegedly the next nation looking to make crypto legal tender. Regulators have released a statement claiming that they are examining the prospects of allowing bitcoin and its altcoin cousins to be used as forms of payment for goods and services. Zimbabwe Is Looking at BTC as a Currency Clearly, the nation is taking a page out of El Salvador’s book. The Central American region became the first country in the world two months ago to...

Read More »

Eric Adams Wants Crypto Taught in NYC Schools

Eric Adams – the mayor-elect of New York City – wants cryptocurrency to be taught in schools. He says that digital currencies are the financial tools of the future, and he wants children and younger generations to be financially prepared for what’s likely to come their way. Eric Adams: Crypto Should Be Taught in Schools At this stage, anyone who doubted cryptocurrency is likely kicking themselves in the rear. Bitcoin, for example, is the world’s largest digital currency...

Read More »

Bitcoin Price Analysis: BTC Could Correct Lower Towards $64K

Bitcoin price started a fresh increase above the $65,000 zone against the US Dollar. The price is now trading above $65,000 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $61,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could correct lower towards the $64,000 support zone in the near term. Bitcoin price traded to a new all-time high near $68,560 against the US...

Read More »

JPMorgan Report Insists Ethereum May Be a Stronger Fit Than BTC

Just a few days ago, JPMorgan announced that it felt bitcoin was in line to reach a whopping price of roughly $146,000 per unit. Despite this big news, the financial giant is now claiming that its primary competitor Ethereum is still the better bet for crypto fans. JPMorgan Report Says Ethereum May Be Stronger Than BTC This statement came out in a recent report published by JPMorgan, in which analysts talk about rising interest rates and ongoing inflation. The company...

Read More »

Mayors Eric Adams and Francis Suarez Are Eager for BTC-Based Salaries

Several mayors are warming up to bitcoin, showing not only that bitcoin is becoming more mainstream and legitimate, but also that the currency is a staple product of political campaigns. Miami mayor Francis Suarez and mayor-elect Eric Adams of New York City say that they are looking to accept their next few paychecks in bitcoin as a means of pushing the crypto agenda further. Adams and Suarez Are at the Center of a BTC Battle Eric Adams was elected mayor of the Big Apple...

Read More »

El Salvador Is Building More Schools With Bitcoin’s Help

El Salvador says it is looking to utilize some of the profits it’s made from holding and trading bitcoin to build roughly 20 schools throughout the country. El Salvador Will Rebuild Its Education System The announcement came by way of Nayib Bukele, the nation’s president. Not long ago, the nation of El Salvador took advantage of a bitcoin dip that saw the world’s number one digital currency by market cap fall to roughly $59,000 per unit. From there, the currency rose...

Read More »