In May, Beijing called for a severe crackdown on bitcoin mining and trading, setting off what’s being dubbed in crypto circles as “the great mining migration.” China has long been home to more than half the world’s bitcoin miners, but now, Beijing wants them out ASAP. &n...
Tesla CEO Elon Musk has bashed bitcoin mining, claiming that it is bad for the environment. It’s not a new criticism. For years, skeptics have maligned the world’s most popular digital token for polluting the planet, while supporters have extolled the virtues of bitcoin and its role in accelerati...
BTC UPDATE:On the 1D TF, Bitcoin has been in the accumulation phase for days...And with the chart forming a symmetric triangle, we're about 80% done with this phase and finally getting an actual movement of the market. Full confirmation will be gotten once there's a Breakout. Pay close attention...
BTC/USDTAn analysis on BTC/USDT by cryptoGuru.There is a bear flag on the 4hr time frame of BTC/USDT, if this plays out, we're going straight to 30k📉.
Bitcoin (BTC/USD) remained pressured early in today’s Asian session as the pair attempted to claw back some recent losses that saw 28800 print as a multi-month low before a partial recovery. Some Stops were elected below the 32558.07 level during the recovery as traders tested technical support...
Bitcoin dropped over the weekend amid a focus on Chinese mine closures and potential regulatory scrutiny. The largest cryptocurrency fell 5.5% to $34,142 as of 10:50 a.m. Sunday in New York, dropping for the fourth time in the past five sessions. Ether, the second-biggest, declined 5.9% to...
Let's face it, Latin American leaders have faced decades of repression by the United States - it is said that Bitcoin gives them a way to fight back. El Salvador became the first nation in the world to recognize bitcoin as legal tender and mandate that all businesses in the country accept i...
Without the global retail trader base, the Bitcoin market would not be what it is today: The investment champion of 2020.Retail traders, not hotshots like MicroStrategy, made Bitcoin in 2020.The twists and turns of 2020 made it arguably the best year on record to be a trader, especially if you were...
Bitcoin Explodes Above $50,000 as Total Market Cap Adds $100B In 24 Hours (Market Watch) After flirting with the coveted $50,000 price tag, BTC has initiated a leg up that has spiked the price above it. Will this flit be longer than the last ones? only time will tell.Meanwhile, most altcoins ha...
Bitcoin Price & Technical Analysis: BTC Preserves Impulse for GrowthOn Thursday morning, BTC keeps growing, generally trading at $37,783 USD.Tech analysis of BTC/USDGoogle: the number of requests for buying the BTC beats recordsThe BTC grew by 2,000 USD overnightForecasts for the BTC become every d...
Bullish weekend momentum sees Bitcoin surpassing $40,000 as altcoins take a beating:The weekend is not a common place for Bitcoin to surge in price. However that is exactly what is happening. The price of BTC surged over $40,000 and is looking to retest the previous all-time high of $41,950. Bitcoin...
Bitcoin Developers Disclose Vulnerability That Has Been FixedA vulnerability affecting earlier versions of Bitcoin Core—the open-source software that powers Bitcoin—was disclosed by Core contributor and developer Andrew Chow on Monday. The issue, that has been fixed, is known to other Bitcoin develo...
Bitcoin Price Correction to End Very Soon, Is the Path to $50K Imminent?Bitcoin Price Expected to Rebound. The accelerated bitcoin price rally appeared to have slowed down slightly by entering an ascending triangle. Moreover, the price is trending close to the support levels at the base of the trian...
Without the global retail trader base, the Bitcoin market would not be what it is today: The investment champion of 2020.Retail traders, not hotshots like MicroStrategy, made Bitcoin in 2020.The twists and turns of 2020 made it arguably the best year on record to be a trader, especially if you were...
Five Reasons Behind Massive Bitcoin Drop to $30KBitcoin is in the middle of another ugly sell-off. At 2:24 p.m. UTC, the top cryptocurrency collapsed to an intraday low of $30,969 on the Bitstamp exchange.Almost $1 billion worth of cryptocurrencies have been liquidated over the past 24 hours, accord...
Bitcoin Continues Consolidating Above $36,000The Bitcoin (BTC) price has been increasing since Jan. 12, and is currently consolidating above $36,000 inside a symmetrical triangle.Bitcoin is expected to find resistance at $37,700. A breakout above $40,112 would suggest that BTC is still in a bullish...
Former Canadian prime minister names Bitcoin as possible reserve currencyBitcoin could be part of a basket of reserve alternatives to the U.S. dollar, according to Stephen Harper.Stephen Harper, who served as prime minister of Canada for nine years, says there may be a place for Bitcoin and central...
Total Hash Rate in the Bitcoin network at a record high.The activity of Bitcoin miners almost simultaneously correlates with the increasing price of BTC. The latest proof of this is the indicator of the total hash rate in the Bitcoin network, which is currently reaching the new ATH.The estimated num...
What's New in v0.21.0?On Jan. 14, 2021, at 1:58 p.m. UTC, the new version of Bitcoin Core came to existence. It was announced by Bitcoin Core lead maintainer Wladimir J. Van Der Laan on Linux Foundation's forum.Version v0.21.0 is the first release in 2021: when Taproot?According to the of...
Bitcoin Finds Local Bottom as Analysts Point to Signs of Strength; What’s NextBitcoin and the entire cryptocurrency market have seen mixed price action throughout the past weekIt has mainly favored bears, with the selling pressure seen when BTC broke below $40,000 being quite significantThis led the...
