Category: Bitcoin

Maybe Amazon really isn’t preparing to accept Bitcoin (BTC) as payment for its goods and services before year’s end, and perhaps Apple isn’t in fact adding $2.5 billion of Bitcoin to its balance sheet — although both events were reported recently, they are still unconfirmed. The question still remains: If and when the tech giants

A crossover between two Bitcoin (BTC) moving averages that appeared before the 2020 price boom hints at returning in 2021, just as the flagship cryptocurrency eyes a bullish breakout from its current $30,000-$40,000 trading range. The indicators in focus are MACD Line and Signal Line. MACD is an acronym for Moving Average Convergence Divergence, and

Bitcoin (BTC) and Ether (ETH) are due a “huge” move but short-term signals suggest a correction, an analyst warned Aug. 6. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Buy into resistance? “Not interested” Data from Cointelegraph Markets Pro and TradingView showed both BTC/USD and ETH/USD acting near critical range resistance as the week drew to a

Following Beijing’s crackdown on energy-sapping Bitcoin (BTC) mining, Guizhou province has become the country’s first to make use of its freed-up power capacity to advance a climate-conscious agenda.  The hydroelectric-rich southern province has recently announced a plan to build at least 4,500 electric vehicles (EV) charging stations in 2021. This will ramp up to 5,000

Prominent YouTube star KSI belongs to the group of crypto investors who have made and lost a lot of money during the last Bitcoin (BTC) crash. However, the United Kingdom-based influencer’s latest interview showed his continued support and belief in the Bitcoin ecosystem.  Answering the hypothetical question of “if you were prime minister,” KSI, a.k.a.

The crypto community is pushing back against amendments to the crypto provisions of the White House’s infrastructure plan — which seeks to raise $28 billion for infrastructure funding through expanded taxation on crypto transactions and impose new reporting requirements for crypto “brokers.” On August 6, Senators Mark Warner and Rob Portman proposed a “last-minute amendment”

Despite the recent breakouts to the $40,000 level, Bitcoin (BTC) price could still face downward pressure in August. The 42% rally in late July effectively inspired some optimistic short-term options bets but the initial data largely favors the neutral-to-bullish call options, and failure to sustain $40,000 has significantly reduced this advantage. A good deal of

On-chain analyst Willy Woo says that Bitcoin (BTC) has entered a period of “maximum noobishness.” Woo tells Scott Melker in a new interview that BTC is now in a zone where the “smart money” has essentially stopped selling.   The coins that are currently moving among investors are “young” assets that were recently acquired, says

A popular crypto trader and market analyst is calling for Ethereum (ETH) to drastically outperform Bitcoin (BTC) over the next several months. The pseudonymous crypto trader Pentoshi tells his 207,500 Twitter followers that he’s looking for Ethereum to form a higher low to build support for a further rally now that the token has broken

An independent investment firm with more than 86 years of experience providing exchange-traded funds (ETFs) just filed for a Bitcoin ETF in the US. Founded in 1935, Atlanta-based Invesco is an independent investment firm that currently oversees more than $1.5 trillion in assets under management and provides 233 different ETFs in the US for investors