The adverse price developments continued in the past 24 hours, and bitcoin dropped below $40,000 for the second time this week. It was just a few days ago when the primary cryptocurrency spiked to almost $43,000, which became its highest price level in over ten days. However, BTC was violently rejected at its local peak […]
Henry Hon, Head of Research at CryptoCom, asserted that the research conducted by the team had repeatedly depicted that high-security standards are one of the top criteria for choosing crypto products from Brazil to Australia. With this, the platform joined the list of prominent players such as Visa, PWC, Ledger, Algorand, Tezos that focuses on […]
A few years ago, Media Markt started exploring whether and how to install bitcoin ATMs at one of its stores in Vienna. To buy BTC, local clients will use Kurant vending machines. Founded in 1979, it has over 1,000 stores and is an attractive shopping venue for millions of customers in Germany, Austria, Switzerland, Italy, […]
This week saw the cryptocurrency market go through some serious turbulence, as the prices for the largest coins by means of total capitalization went on a rollercoaster. On April 18th, we saw BTC crashing below $39K to a monthly low, but the bulls were quick to recover. The rest of the market followed suit, and […]
Bitcoin tried its hand at $43,000 yesterday but was violently rejected at that point and dropped by almost $3,000 in hours. The cryptocurrency recovered all losses almost immediately and even spiked above $41,000 on Tuesday. As such, BTC kept climbing, and yesterday it tapped an 11-day high at just under $43,000. Instead of heading further […]
Following yesterday’s recovery, bitcoin kept climbing in the next 24 hours and touched a 9-day high at just over $41,500. Ethereum found itself trading at $2,900 during the correction earlier this week but reclaimed $3,000 yesterday and now sits around $3,100. As a result, SOL trades at $107, LUNA at $95, and DOT at $19. […]
The Switzerland-based investment product issuer – 21Shares – joined forces with ETF Securities to launch the first two exchange-traded funds in Australia that will provide customers with direct access to cryptocurrencies. While the American financial regulators keep rejecting cryptocurrency spot ETF applications by major firms, such products started emerging in other countries. According to a […]
CryptoPotato reported yesterday the recent spike in whale activity towards the primary cryptocurrency. The number of queries on the world’s largest search engine typically shows the behavior of smaller investors, which tend to arrive at the scene amid the most substantial bull runs. As the asset went into a year-long bear market, the searches disappeared. […]
Despite being more than $3,000 up in the past two days, bitcoin’s price trajectory has been on the downfall on a more macro scale. As the hype dispersed in the following months and other macro-political events took center stage – such as the US raising interest rates, the rumored end of the COVID-19 pandemic, and […]
The case pertains to two private cryptocurrency detectives allegedly transferring 1,137 bitcoins while investigating a fraud where they were assisting the Pune police. The case in which Ghode and Patil were assisting the police relates to a cryptocurrency scam registered in 2018 involving 87,000 bitcoins and at least 8,000 investors. CryptoPotato reported this case as […]
As bitcoin dropped to a monthly low at $39,000 after a few days of consolidating above the $40,000 mark, there was a growing bearish sentiment regarding its immediate price action. Woo saw the price range of BTC between 37K ~ 40K as a critical accumulation phase which has been ongoing since Mar 2022 and urged […]
“For now, you’ll have a really hard time spending it! Go to a pet store, a bodega, or a hot dog cart, and you’ll find it very hard to buy something with a cryptocurrency. …Read the full story
In a letter addressed to MicroStrategy’s stockholders on Thursday, the company’s CEO Micheal Saylor doubled down on his conviction of continuing its years-long bitcoin buying spree. In the letter, Saylor outlined the company’s bitcoin strategy as “complementary to our analytics software and services business,” a way that will enhance the growth of the enterprise customer […]
In the bigger picture, the $37K demand zone remains the next significant level of support for Bitcoin. …Read the full story
According to Kuantyrov’s statement, first reported by ForkLog, this will help the country financially in tax collection, as it translates into an improvement for the state budget. However, this decision could cause many miners to explore other countries like El Salvador, where the mining tax will be a flat 10% to finance the construction and […]
PlanB, the creator of the bitcoin Stock-to-Flow model, implied that only a black-swan incident could drag the price of Bitcoin down to $24,500. …Read the full story
Despite some green movements, the first half of April has not been gentle to the crypto markets. Yesterday was a relatively positive day for the leading digital asset as it maintained $41K and even crossed $42K at some point. However, a handful of large caps are in the green corner as those that recorded the […]
Bitcoin has been dropping impulsively in the past couple of weeks after being rejected from the 200-day moving average. The price has also broken below the 50-day and 100-day moving averages and is currently retesting them from below. If the price fails to break back above them, a retest of the $36K area in the […]
