Bitcoin price started a downside correction from the $30,000 zone against the US Dollar. The price is now trading above $28,000 and the 55 simple moving average (4 hours). There is a short-term contracting triangle with support near $28,250 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $27,750 support zone. Bitcoin price is correcting lower below $28,750 against the US Dollar. BTC...
Read More »EY Announces First Corporate Client for EY Blockchain Analyzer: Reconciler
The tool will use analytical dashboards to identify transaction errors, wallet address balances and digital signatures. Ernst & Young (EY) Global has announced the first corporate client for its EY Blockchain Analyzer: Reconciler. Per the announcement, Fidelity Digital Assets, a subsidiary of Fidelity Investments, became the first enterprise to use the tool after its launch in February. EY Global Blockchain Leader Paul Brody believes that a robust internal risk management process and...
Read More »US Government Holds $5.3 Billion in Seized Bitcoin
It is important to note that when a government agency seizes a crypto asset, it does not immediately own the assets. Ownership transfers only after a court ruling in favor of forfeiture. The United States government is among the largest Bitcoin (BTC) holders in the industry, with over 200,000 of the crypto assets stashed away in a hardware wallet controlled by the Department of Justice (DOJ), International Revenue Services (IRS), and other agencies in the country. According to a public...
Read More »Bitcoin-Preis: Kehrt heute der Uptober zurück?
Während die Landschaft der Kryptowährungen sich ständig ändert und Entwicklungen oft schwer vorherzusagen sind, hat sich ein interessantes Phänomen um den Monat Oktober und Bitcoin entwickelt. In Krypto-Kreisen wird der Oktober gelegentlich als „Uptober“ bezeichnet, da er in der Vergangenheit oft positive Trends für Bitcoin gezeigt hat. Hier sind einige der Gründe, warum der Oktober als günstiger Monat für Bitcoin-Investoren gilt: Uptober is BACK...
Read More »Unlocking Potentials of Grayscale’s Bitcoin ETF as Court Ruling Stands
The progress on the Grayscale conversion front offers a welcome degree of clarity to the ETF approval process, which had been somewhat murky. The crypto community has witnessed a significant milestone as recent reports indicate that the Securities and Exchange Commission (SEC) decided not to appeal a court ruling that could potentially pave the way for Grayscale Investments to convert its Bitcoin Trust into an Exchange-Traded Fund (ETF). This development has left analysts and investors...
Read More »Bitcoin Price Shoots to $28,000 amid High Whale Activity, Altcoins Join Party
The developments between US SEC and Grayscale over the past weekend led to whales accumulating Bitcoin in huge numbers. Over the last week, the world’s largest cryptocurrency Bitcoin (BTC) gave a strong breakout moving all the way to the $28,000 level. As of press time, the BTC price is up 3.8% trading at $27,904 with a market cap of $544 billion. The recent price rally comes as the US Securities and Exchange Commission (SEC) decided not to challenge the court ruling that allowed...
Read More »Bitcoin-Preis: Alle 4 Jahre ein Bullrun?
Bitcoin-Preis Prognosen generieren immer ein grosses Echo auf Sozialen Netzwerken wie X. Der Twitter User Crypto_NB1 hat eine interessantge Grafik erstellt: Damit visualisiert er die Bullruns, die alle 4 Jahre stattfinden. Falls sich die Geschichte reimt, sehen wir im nächsten Jahr 2024 den nächsten grossen Preisanstieg. #Bitcoin #BTC Next Bulletin incoming 🔥👀 pic.twitter.com/Z8y3uxdbig — 𝕮𝖗𝖞𝖕𝖙𝖔𝕹𝕭 (@CryptoNB_1) October 14, 2023 Stimmen diese...
Read More »Bitstamp to Exit Canadian Market in January 2024
The reason behind the decision to leave the Canadian market was not revealed by Bitstamp. Notably, the exchange follows Binance, OKX, and Bybit which announced their exit from Canada earlier. Luxembourg-based crypto exchange Bitstamp is planning to stop providing services in the Canadian market in January 2024. The deadline for withdrawing customers’ funds is January 8. Afterward, Bitstamp will deactivate Canadian users’ accounts. The announcement was shared by Bobby Zagotta, Bitstamp’s US...
Read More »Bitcoin Price Analysis: BTC At Risk If This Support Fails To Hold
Bitcoin price started a fresh decline from the $28,500 zone against the US Dollar. The price is now trading below $27,700 and the 55 simple moving average (4 hours). There was a break below a key contracting triangle with support near $27,750 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $26,500 support zone. Bitcoin price is declining below $28,500 against the US Dollar. BTC might...
Read More »Eine vielversprechende Zukunft: Das Potenzial von Ripple (XRP) entschlüsselt
Ripple (XRP) hat sich in der Krypto-Welt fest etabliert und zieht weiterhin die Aufmerksamkeit von Investoren und Enthusiasten auf sich. Mit seiner einzigartigen Technologie und den Partnerschaften, die das Unternehmen knüpft, ist die Zukunft von Ripple durchaus vielversprechend. Hier sind einige Gründe, warum: 1. Schnelle und kostengünstige Transaktionen Ripple bietet schnelle, zuverlässige und kostengünstige Transaktionsmöglichkeiten. Im...
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