Bears intend to pin Bitcoin price below $42K until Friday’s $700M expiry passes
[ad_1] Bitcoin (BTC) has been trading in a descending pattern since the strong $53,000 rejection that occurred on Sept. 7, and the $3.4 billion futures contracts liquidation along with China’s ban on crypto trading appear to have severely impacted traders’ morale. Adding to the negative sentiment, major crypto exchanges...
Read More
What Uber and Bitcoin Have in Common
[ad_1] Designed Model vs. Customer Experience Products and services never wind up functioning exactly as they were planned. Every person and business has experienced many changes over the past year, and these changes have also impacted the financial industry. Society is built on the foundation of trust and civil...
Read More
El Salvador ranks third in global Bitcoin ATM installations, data finds
[ad_1] El Salvador now hosts the third-largest network of crypto ATMs after the United States and Canada, amounting to 70% of all crypto ATMs in South America. According to data from Coin ATM Radar, El Salvador has exceeded United Kingdom’s crypto ATM count after deploying 205 crypto ATMs to...
Read More
El Salvador buys the dip as Bitcoin price flash crashes to $42.9K
[ad_1] Bitcoin (BTC) holders took profits on Tuesday, just as El Salvador moved to recognize the digital currency as legal tender in a landmark move that could have significant implications for global adoption. After hitting local highs north of $52,800 on Monday, Bitcoin’s price plunged all the way to...
Read More
As Bitcoin Breaks $50k, Indicators Show A Calm Before The Storm
[ad_1] As Bitcoin retests the $50k price level, on-chain indicators seem to be aligned so that they suggest the coin might explode upwards soon. Bitcoin Indicators May Be Showing A Calm Before The Storm As pointed out by a CryptoQuant post, Bitcoin indicators seem to be showing some interesting...
Read More
Userspace, statically defined tracing support for Bitcoin Core
[ad_1] This report updates on what 0xB10C, Coinbase Crypto Community Fund grant recipient, has been working on over the first half of his year-long Bitcoin development grant. This specifically covers his work on Userspace, Statically Defined Tracing support for Bitcoin Core. By 0xB10C, Coinbase Bitcoin developer grant recipient The reference...
Read More
Jack Dorsey Plans to Build A Decentralized Exchange For Bitcoin
[ad_1] It is no secret that Twitter and Square CEO, Jack Dorsey, has been a crypto enthusiast for quite some time. The people who follow him on Twitter are no strangers to this, so it really is no surprise to hear another Dorsey-Bitcoin news. In July, Jack Dorsey announced...
Read More
Sweden Government Pays Convicted Drug Dealer $1.5 Million In Bitcoin
[ad_1] The government of Sweden has found itself in the unusual situation of paying out around $1.5 million worth of Bitcoin to a drug dealer, whom they convicted and then jailed. Authorities are being forced to pay the man 33 BTC, after his illegally obtained bitcoin appreciated while behind bars....
Read More
Here’s What Bitcoin Exchange Inventory Levels Means For The Bull Rally
[ad_1] Bitcoin exchange inventory level is a good way to gauge market sentiment towards the cryptocurrency. Inflows to exchanges in the past have usually indicated strong sell sentiment. Stemming from investors wanting to cash out the profits that they have made. This is usually the case during bull markets...
Read More
Bitcoin gains strength as Friday’s $600M BTC options expiry approaches
[ad_1] In the past 7 days, Bitcoin (BTC) failed to break through the $48,000 resistance, but the price remained flat even as Minneapolis Federal Reserve chairman Neel Kashkari bashed the industry. During an appearance at the Pacific NorthWest Economic Region annual summit on August 17, Kashkari said: “So far...
Read More