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Category Archives: Bitcoin

Five Businesses That Bitcoin Facilitates – Android Headlines

Posted: August 8, 2022 at 12:36 pm

Are you thinking about starting a business around Bitcoin? If so, here are five businesses that Bitcoin facilitates that you should know.

Bitcoin has sparked the creation of several businesses over the last decade its been around. Thats because cryptocurrency represents an innovation. Many experts tout Bitcoins underlying technology as having the potential to revolutionize how different sectors operate.

Bitcoins most prominent use case is as a digital currency. You can buy, sell, and trade Bitcoin on exchanges. But thats just the tip of the iceberg. The cryptocurrency also facilitates other businesses like remittances, lending, and investments.

Today, some people earn their living by directly providing goods and services related to Bitcoin, while others work in more traditional jobs but receive payments in Bitcoin. Here are five businesses that Bitcoin has made possible.

The most obvious way to make money with Bitcoin is through Bitcoin trading or mining. Trading refers to the act of buying and selling Bitcoins on an exchange, while mining is the process of verifying and adding transaction records to the public ledger (blockchain).

Mining is how new Bitcoins enter circulation. The Bitcoin system rewards miners with new Bitcoins and transaction fees for each block they successfully mine.

Bitcoin trading can be highly profitable, but it also comes with risks. Prices of Bitcoin can be incredibly volatile, and investors or traders need to be careful when buying or selling Bitcoin. Nevertheless, platforms like Bitcoin Prime allow individuals to register and start trading cryptocurrencies quickly and efficiently.

Another way to earn money from Bitcoin is to provide services that are related to this cryptocurrency. For example, you could start a Bitcoin-based website or blog and make money through advertising revenue. Or you could provide consulting services to businesses considering integrating Bitcoin into their operations.

You could also develop and sell software related to Bitcoin or cryptocurrencies, such as wallets, exchanges, or analytics tools. Developers have already created and sold many software products, but there is still room for more innovation in this space.

You can also start a business that accepts Bitcoin as payment. And his could be anything from a coffee shop to an online store. By accepting Bitcoin, you can tap into a new customer base that may be interested in using this cryptocurrency.Some businesses that accept Bitcoin are still hesitant to do so because of the volatility of Bitcoin prices. However, there are ways such companies can mitigate this risk, such as by immediately converting Bitcoin payments to fiat currency or by using a hedging strategy.

Another business that has sprung up around Bitcoin is the Bitcoin ATM. These ATMs allow users to buy and sell Bitcoin and other cryptocurrencies. They typically charge a small fee for their services, but they can be a convenient way for people to get started with cryptocurrencies.

Last, Bitcoin exchanges are another business made possible by this cryptocurrency. Crypto exchanges are websites that allow people to buy and sell Bitcoin and other cryptocurrencies. They usually charge a small fee for their services.

Bitcoin exchanges are a convenient way for people to buy and sell cryptocurrencies. However, they can also be risky, as the Mt. Gox exchange hack demonstrated. And this highlights the need for exchanges to implement strong security measures to protect against hacking.

These are just a few of the businesses that Bitcoin has made possible. This cryptocurrency has sparked a lot of innovation and continues to do so. As Bitcoin adoption grows, we expect to see more businesses that will operate based on this technology spring up.

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The Current State of Bitcoin Mining with Harry Sudock – What Bitcoin Did

Posted: at 12:36 pm

There is a growing a powerful backlash against Bitcoin mining. In the past 2 months: New Yorks legislative assembly established a moratorium on mining based on PoW; Dick Durbin, the second highest ranked Democrat in the Senate, tweeted that Bitcoin mining uses obscene amounts of energy; the European Central Bank indicated that a ban on PoW is likely by 2025.

The problem is that the growing movement against Bitcoin mining, specifically its use of energy to satisfy PoW consensus protocol, defies logic. The FUD and the facts dont align. The reality is Bitcoin mining is providing unprecedented utility to society. It is helping to mitigate methane emissions at landfill and oil fields, whilst also providing a unique demand that stabilizes energy grids.

The concern is that the FUD is orientated along political lines. The movement against Bitcoin mining is more heavily resourced by democratic and left-leaning groups. Therefore, is the growing progressive support for Bitcoin more than just beneficial to its wider adoption? Could it be vital to dispel the disinformation? Is Bitcoins future dependent upon a de-polarisation of the ecosystem?

Whatever the trajectory of the discussion, one thing is clear: Harry Sudock is one of the most clear-eyed, passionate and articulate voices within our industry. With people of such uncompromising yet pragmatic vision, we have the resources to win the battle of ideas. The Bitcoin communitys role is to help circulate the facts amongst the groups spreading the FUD.

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Nayib Bukele Attributes Tourism Recovery in El Salvador to Bitcoin, Surf, and Crime Reduction Bitcoin News – Bitcoin News

Posted: at 12:36 pm

Nayib Bukele, the president of El Salvador, declared that the speedy recovery of tourism in the country had to do with three elements, including surfing, bitcoin, and overall crime reduction. El Salvador was one of the 15 countries that managed to take their tourism incomes to pre-pandemic numbers according to data from the World Tourism Organization.

Nayib Bukele, the president of El Salvador and promoter of the adoption of bitcoin (BTC) as legal tender in the country, shared his thoughts about the growth of the tourism income in the Salvadoran country. Bukele stated that this growth was the consequence of three key factors: bitcoin, the promotion of surf, and the reduction of crime.

In a tweet, the president stated:

Only a handful of countries have been able to recover its tourism to pre-pandemic levels. And thats international tourism, so the reasons behind it are mostly bitcoin and surf.

El Salvador was recently included in a list of countries whose tourism income has returned to pre-pandemic levels. According to the World Tourism Organization, El Salvador has managed to grow its tourism income by 6% when compared to 2019.

This report is consistent with what the authorities have been reporting about the effect that the inclusion of bitcoin in the country since it was declared legal tender. In February, Morena Valdez, minister of tourism in the country stated that the tourism industry had risen 30% since this event.

Statistics further show that El Salvadors crime and homicide rate has dropped significantly since 2020. Moreover, in terms of surf, the El Salvador is home to some of the top rated waves in the world.

However, the president also made reference to the growth in national tourism, stating:

But internal tourism is growing even more, mainly because of our crackdown on gangs.

Bukeles government was criticized heavily due to the measure sit has taken to stop gang-related crime, declaring a state of emergency that resulted in more than 9,000 individuals being detained last April. However, Bukele claims this has pushed the growth of the national tourism industry.

To support his arguments, Bukele also linked the Google Mobility Report, a compendium of data that shows the change in the number of visits that are happening to certain places. The report shows that the visits to retail and recreation places, grocery stores and pharmacies, and parks have all grown in the last three months.

The government is also expecting new bitcoin investments that will bring more bitcoin supporters to the country. Milena Mayorga, ambassador of El Salvador in the US, recently announced that Bank Of The Future, a cryptocurrency investment platform, was going to invest $6 billion in the country.

What do you think about Nayib Bukeles view of the influence of Bitcoin on the growth of the tourism industry in El Salvador? Tell us in the comments section below.

Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved.

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Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Renowned Investor Jim Rogers Warns Governments Want to Control Crypto ‘They Want to Regulate Everything’ Regulation Bitcoin News – Bitcoin News

Posted: at 12:36 pm

Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned about cryptocurrency, stating that if and when all our money is on our computer, its going to be government money. Nonetheless, he noted that his wife invests in crypto.

Famed investor Jim Rogers shared his view about cryptocurrency in an interview with Bloomberg, published last week. Rogers is George Soros former business partner who co-founded the Quantum Fund and Soros Fund Management.

A lot of people I know are investing in crypto and having fun and making money. Many have already disappeared and have gone to zero, he began, elaborating:

My wife invests in crypto of all things, but I dont invest in them because the bulls say theyre going to be money, and my answer to that is, if and when all our money is on our computer, its going to be government money.

Rogers proceeded to explain that governments will not allow other currencies to compete with their currencies.

Pointing to his phone as an example of electronic money, the veteran investor opined: When the U.S. government says, okay, this is money now, and every government is working on crypto money, theyre not going to say: This is money, but if you want to use that [other] money, you can use that money.'

He stressed:

Thats not the way bureaucrats think. Thats not the way politicians think. They want control. They want to regulate everything.

In my view, if they [cryptocurrencies] are just trading vehicles, fine, have at it. [But] Im not going to trade, Im not doing it, he concluded.

Rogers was asked if anything would change his mind about investing in crypto. He admitted that if things change then he will also have to change. For example, If suddenly the euro is all denominated in crypto, well then I have to change, he said. However, Rogers noted that he doesnt see it happening.

This was not the first time that the Quantum Fund co-founder warned about governments coming after cryptocurrency. In April last year, he said governments could ban cryptocurrencies. If cryptocurrencies become successful, most governments will outlaw them, because they dont want to lose their monopoly, Rogers stressed. He also previously said, virtual currencies beyond the influence of the government will be eliminated.

In addition, he warned last month that more bear markets are coming and the next one will be the worst in his lifetime. Noting that many stocks will go down 90%, he cautioned that investors will lose a lot of money. He also predicted the end of the U.S. dollar, fueled by the Russia-Ukraine war.

Do you agree with Jim Rogers? Let us know in the comments section below.

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Renowned Investor Jim Rogers Warns Governments Want to Control Crypto 'They Want to Regulate Everything' Regulation Bitcoin News - Bitcoin News

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The Rise and Fall of a Bitcoin Mining Sensation – WIRED

Posted: at 12:36 pm

It was 8:45 in the morning of June 13 when Bill Stewart, the CEO of Maine-based bitcoin mining business Dynamics Mining, received a call from one of his employees. He's like, Every machine inside of our facility in Brunswick [in Cumberland County, Maine] has been taken, Stewart says. That's crazy. I couldn't believe it.

He alerted personnel manning another mining facility, in nearby Lewiston [in Androscoggin County, Maine], and told them to be on their toes. He thought a burglar was at large. Stewart had a theory on who might have taken the machines: In those days he had been wrangling with a customer, Compass Mininga Delaware company that allowed people to buy mining machines and have them hosted in third-party facilities like Stewartsdue to a dispute over energy bills. Stewart thought Compass had to pay for them; Compass believed their contract said otherwise.

A few days earlier, Dynamics had sent Compass a termination letter demanding payment, and shortly thereafter had switched the companys machines off. Then, Compass Mining staffers had taken their equipment away from Brunswick, and they were about to enter the Lewiston plant to recover more machines. They're trying to get inside the building, Stewart says. And I'm telling my brother, who runs our security, Do not let them into the building. We're not ripping miners out of the wall. Do not let them inside.

In a lawsuit filed against Dynamics in the Delaware Court of Chancery on June 21, Compass Mining alleged that Stewart, having refused to foot the energy bill he was supposed to pay, had been holding this valuable equipment hostage to gain leverage in negotiations. The way Stewart tells it, he simply wanted the removal to happen in an orderly fashion as opposed to hastily and under cover of darkness. Whats more, he says, for a while he had considered continuing to host the machines on behalf of Compass customers, cutting out the middleman. Their customers were reaching out, saying, Hey, can we just mine directly with you? Stewart says. The reason that couldnt happen, Stewart says, is that Compass had not given its customers the identifying serial numbers of the machines they had bought, and there was no way for Stewart to know who owned what.

On July 5 the Court granted Compass request to get its machines back, but underlined that that should happen following a formal request to unmount and relocate the machines. Stewart says that during the removal, Compass team also grabbed one of Dynamics own serversthat is confirmed in an email by one of Compass lawyers to Stewart, mentioning how the server had been inadvertently scooped up and asking how to return it.

Our team is laser-focused on serving our clients, and will do so in accordance with the contracts we have in place with our service providers, and by resolving any disputes arising from a fundamental misunderstanding of these contracts in a court of law, Compass interim co-CEO Thomas Heller said in an email interview.

Even if Compass had prevailed, the optics of the row was terrible. Stewart had chronicled the dispute on Twitter as it played outaccusing Compass of owing him hundreds of thousands of dollars in energy bills, and of having essentially broken into Dynamics facilityand thundered at length against Compass in Twitter Spaces. After a vertiginous rise, Compass had spent the last few months in constant crisis mode, untilmere hours after Stewart had started tweeting about his early-morning showdown with the companyit decided to do away with its CEO. At the center of that crisis was Russias war with Ukraine, and a bespectacled, curly-haired cybersecurity entrepreneur called Omar Todd.

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Man who threw away 150m in bitcoin hopes AI and robot dogs will get it back – The Guardian

Posted: at 12:36 pm

A computer engineer who accidentally threw away a hard drive containing approximately 150m worth of bitcoin plans to use artificial intelligence to search through thousands of tonnes of landfill.

James Howells discarded the hardware from an old laptop containing 8,000 bitcoins in 2013 during an office clearout and now believes it is sitting in a rubbish dump in Newport, south Wales.

The council has previously denied the 37-year-olds repeated requests to search the site due to environmental concerns but he has hatched a 10m hi-tech scheme backed by hedge fund money to find the digital assets.

His new proposal would utilise AI technology to operate a mechanical arm that would filter the rubbish, before then being picked by hand at a pop-up facility near the landfill site.

Under the plans he will hire a number of environmental and data recovery experts, and while the search is ongoing employ robot dogs as security so no one else can try to steal the elusive hard drive.

Howells said: Digging up a landfill is a huge operation in itself. The funding has been secured. Weve brought on an AI specialist. Their technology can easily be retrained to search for a hard drive.

Weve also got an environmental team on board. Weve basically got a well-rounded team of various experts, with various expertise, which, when we all come together, are capable of completing this task to a very high standard.

Howells believes the search will take about nine to 12 months, however, even if he does get permission from the council, there is no guarantee the hunt will be successful or that the bitcoins he mined all those years ago will be recoverable from the hard drive.

But if they are he has pledged to use the money to help the community of Newport and invest in a number of cryptocurrency-based projects, such as a community-owned data mining facility.

Howells said: Weve got a whole list of incentives, of good cases wed like to do for the community.

One of the things wed like to do on the actual landfill site, once weve cleaned it up and recovered that land, is put a power generation facility, maybe a couple of wind turbines.

Wed like to set up a community-owned mining facility which is using that clean electricity to create bitcoin for the people of Newport.

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However the major issue Howells still has to overcome is getting permission from the council, who will not meet him to discuss his plans or entertain his ideas.

A spokesperson for Newport city council said: We have statutory duties which we must carry out in managing the landfill site.

Part of this is managing the ecological risk to the site and the wider area. Mr Howells proposals pose significant ecological risk which we cannot accept, and indeed are prevented from considering by the terms of our permit.

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Heres why Bitcoin is closer to the greatest bull market of all time – FXStreet

Posted: July 31, 2022 at 8:05 pm

Bloomberg Intelligence strategists are eyeing a potential Bitcoin bull run in the second half of 2022, according to Mike McGlone. Several indicators that predicted previous Bitcoin price rallies had hit similar levels as seen before a bull run begins.

Also read: This bullish chart pattern signals Bitcoin price rally to $48,000 is imminent

As analysts eye the potential performance of Bitcoin over the next six months of 2022, strategists at Bloomberg Intelligence do not doubt that BTC is ready for a price rally. Irrespective of short-term price action, Mike McGlone is bullish on Bitcoin price. Bitcoin is still on track to deliver nearly 20% gains in July 2022. This is a stark contrast throughout 2022.

Analysts note that Bitcoins breakout to six-week highs on July 21 is the precursor and predict a breakout in the asset. In its monthly close, analysts identified theBart Simpson formation, a short-term chart pattern that indicates a sharp price rally in Bitcoin.

Based on on-chain data, Bitcoin is currently in the accumulation phase, and indicators like market value to realized value (MVRV) and long-term moving average crossovers signals are positive signs for a rally in the asset.

Analysts consider the Puell Multiple a signal that Bitcoin is currently undervalued. Puell Multiple is an indicator that tracks the number of Bitcoins sold by miners in relation to the assets fair valuation.

Puell Multiple dropped below 0.5 and entered the green zone, an indicator of previous Bitcoin price rallies. Analysts at Blockware Intelligence commented,

entering the green zone is a good time to average in.

Analysts at FXStreet evaluated the Bitcoin price trend and predicted a rally in the asset. For key price levels and information, check the video below:

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This Week in Coins: Bitcoin and Ethereum See Continued Growth as Merge Looms – Decrypt

Posted: at 8:05 pm

This week in coins. Illustration by Mitchell Preffer for Decrypt

Last weeks market-wide positive price action was sustained this week as leading cryptocurrencies continued making significant gains.

Bitcoin, as of this writing, had added 8.5% to its market value to sell for $24,214, and Ethereum fans enjoyed an even greater rally, with their favorite coin blowing up 12.5% to $1,714.

Much of the buzz around Ethereum is down to the fact the network is laying the groundwork for a major overhaulaka the mergewhen Ethereum will cut its energy consumption by 99.95% transitioning from a proof-of-work blockchain to a proof-of-stake model. A final testnet deployment called Goerli is expected to take place in early August before the network is ready to fully transition.

While Ethereum prepares for the big changes, Ethereum Classic is also blowing up. ETC is based on Ethereums original ledger, which includes an infamous $55 million DAO hack that was wiped from Ethereum by vote. The coin surged 52% this week to $40.

Ethereum Classics rally comes after crypto mining pool Antpool announced a $10 million investment to back projects built on Ethereum Classic, which will remain a proof-of-work blockchain after the Merge.

Other notable performances this week among the top 20 cryptocurrencies by market capitalization include Cardano (up 11% to $.53), Polkadot (up 20% to $8.64), Polygon (up 14% to $.94), and Uniswap (up 30% to $8.73).

On Monday, electric vehicle manufacturer Tesla reported holding $222 million in digital assets at the end of June in the companys Q2 filing with the U.S. Securities and Exchange Commission. Back in February 2021, the company invested $1.5 billion in Bitcoin. Last week, news broke that the company had sold 75% of its BTC, worth approximately $936 million. CEO Elon Musk said the sale was prompted by uncertainty over when China would lift COVID restrictions. Tesla currently has one factory in Shanghai.

The U.S. Commodity Futures Trading Commission is beefing up its technology team in preparation for a potential role as a leading overseer of crypto. Nothing is set in stone, but a bipartisan House bill, called the Responsible Financial Innovation Act, which is cosponsored by Senator Kirsten Gillibrand (D-NY) and Senator Cynthia Lummis (R-WY), would give the CFTC the reins on fungible digital assets which are not securities if passed.

On Tuesday, a bipartisan bill introduced by Senators Patrick Toomey (R-PA) and Kyrsten Sinema (D-AZ), called the Cryptocurrency Tax Fairness Act, would exempt tax reporting for crypto transactions of less than $50, or trades in which a person earns less than $50.

Over in Europe on Wednesday, the chair of the European Banking Authority, Jos Manuel Campa, said in an interview with the Financial Times that it wont be until at least 2025 when the regulator will know exactly which cryptocurrencies it will be charged with supervising.

One of the main difficulties the EBA is facing, said Campa, is a lack of crypto experts due to high demand across society. He ruled out the possibility of baiting them with lucrative salaries, saying it was not within the range of possible discussions between the EBA and the European Commission.

That same day, the U.S. Federal Reserve announced another interest rate hike of 75 basis points aimed at stemming rampant inflation.

Last month, in response to inflation readings from May, the Federal Reserve raised interest rates by 0.75%, the steepest hike since 1994. Crypto prices crashed heavily that week as investors dumped riskier assets, although this new hike seems to have had an adverse effect on Bitcoin: An hour after the announcement, Bitcoin had grown 3% while Ethereum had sunk 5%.

Finally, it appears the industry is still not completely clear of crypto winter. On Wednesday, Singaporean exchange Zipmex filed for bankruptcy protection against legal action from creditors. The news came just a week after the exchange announced it was pausing withdrawals.

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What happens when 21 million Bitcoin are fully mined? Expert answers – Cointelegraph

Posted: at 8:05 pm

When the last Bitcoin (BTC) is finally mined, the livelihood of miners who rely on block rewards as a source of income will be affected. Despite this, the future of mining stays promising, according to an expert in the space.

In a Cointelegraph interview, Mohamed El Masri, the founder of mining solutions provider PermianChain, talked about new players jumping into mining, the future of mining and what happens to mine profitability after the 21 millionth BTC is minted.

El Masri highlighted that efficiency is a very important focus that new players in the space must take into consideration. Because mining profit depends on how efficient a mining operation is, the executive noted that efficiency brings the cost of energy down to a minimum.

When asked about the future of the mining space, the executive shared that its not always about profit. El Masri said that the future of the mining sector relies on what he described as the real Bitcoin miners who value solving blocks more than how much BTC they can convert into fiat currency. The executive noted that these types of miners will be the leading operators in the space. He explained that:

The executive also shared his predictions on what the industry will look like once the last BTC is mined. According to El Masri, when the time comes, a BTC mining business can still be profitable because transaction fees will replace block rewards as a source of revenue for miners. By then, the mining executive predicted that BTC would be worth $430,500 each.

Related: BTC mining costs reach 10-month lows as miners use more efficient rigs

El Masri explained that transaction fees will generate almost $3 billion in a year at this price point. He noted that there are also other growth drivers to consider, including layer2 improvements and energy efficiency enhancements.

In a panel hosted by Cointelegraph Research,Bitcoin mining experts shared how they prepare for the next Bitcoin halving. According to the panel, several possible moves exist, including planning for survival during the bear market and capitalizing on the bull market.

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Weekend Market Updates Bitcoin News – Bitcoin News

Posted: at 8:05 pm

Following strong gains on Friday, bitcoin was consolidating under a key resistance level to start the weekend. Bulls opted to secure gains as price uncertainty heightened in crypto markets, which as of writing are down 1% on the day. Ethereum was also marginally lower in the session.

After strong gains on Friday, bitcoin (BTC) was trading marginally lower on Saturday, as prices fell below a key resistance point.

Following yesterdays high of $24,294.79, which saw prices briefly breakout of the ceiling at $24,200, BTC/USD dropped to a low of $23,481.17 earlier in the day.

This low comes as traders seemingly opted to take profits at this point of uncertainty, opposed to attempting to send prices even higher.

Looking at the chart, the resistance level of $24,200 came as another ceiling was hit, this time in the form of the 62 mark on the 14-day RSI (relative strength index).

Relative strength recently rose to its highest point since April 4, when BTC was trading above $43,000, however price momentum in this instance stalled, due to current market conditions.

Prior to todays price decline, bitcoin bulls were somewhat targeting the $25,000 mark, however in order to reach this, the RSI would need to move beyond 62.

Ethereum (ETH) was also lower in todays session, as recent bullish sentiment shifted slightly to the bearish side to start the weekend.

The worlds second-largest cryptocurrency was consolidating on Saturday, as prices fell to a low of $1,662.79.

Saturdays drop comes a day after ETH/USD failed to move beyond its long-term price ceiling of $1,780, which has been held since June 10.

This failure then led to a reentry from bears that smelled blood, and moved to pressure out earlier bulls from their positions.

As of writing, ETH is trading at $1,689.70, with the 14-day relative strength index tracking at 64.75, which is marginally below its own resistance level at 66.

Should bearish pressure persist in todays session, the next landing spot for prices could be a floor of $1,620.

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Will ethereum drop below $1,600 this weekend? Leave your thoughts in the comments below.

Eliman brings a eclectic point of view to market analysis, having worked as a brokerage director, retail trading educator, and market commentator in Crypto, Stocks and FX.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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