Category: Bitcoin

Square CEO and tech mogul Jack Dorsey says that the payments company is establishing a new business that aims to create decentralized finance (DeFi) services focused on Bitcoin. Although most DeFi applications are built on the Ethereum blockchain, Dorsey says that Square plans to bring Bitcoin to the emerging crypto subsector.   “Square is creating

The ongoing United States-China trade war is in its fourth year. Former U.S. President Donald Trump saw different results from what he initially expected: America has taken a hit from higher tariffs and sanctions against Chinese companies and hasn’t benefited from it nearly to the same extent. It has cost the country up to 245,000

A closely followed analyst predicts a strong Dogecoin (DOGE) surge amid the prevailing bearish sentiment in the crypto markets. The pseudonymous analyst, known as Kaleo, says that he sees the meme cryptocurrency skyrocketing 200% from its current value of $0.17 to $0.51.   “Looks like a solid spot to punt a DOGE long. Bouncing off

Bitcoin (BTC) fell below $31,000 support on Monday after sideways trading gave way to downside pressure.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fresh pain for BTC price Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting local lows of $30,630 on Bitstamp on Monday. Coming a day after Bitcoin’s lowest weekly close since December

Billionaire “Bond King” Jeffrey Gundlach says that Bitcoin (BTC) has lost its steam and will likely backtrack to its pre-2021 price level. In a new CNBC interview, the CEO of investment management firm DoubleLine Capital examines the state of the Bitcoin market and says that he believes Bitcoin has topped out.   “It looks like

Amid the ongoing crackdown on cryptocurrency mining in China, mining new Bitcoin (BTC) continues getting easier as BTC has experienced another mining difficulty drop. On July 18, the Bitcoin network posted its fourth consecutive negative adjustment of mining difficulty, dropping 4.8%, according to data from Bitcoin explorer BTC.com. The latest mining difficulty adjustment occurred at

Veteran crypto analyst and trader Tone Vays says he sees Bitcoin going through a major capitulation event very soon. In a new strategy session, Vays says that he’s been more or less bearish on the world’s biggest crypto since late May, when it plunged over 50% to test $30,000.   Vays thinks Bitcoin has been

A popular on-chain analyst believes that a Bitcoin rally is in the cards as the leading cryptocurrency faces the possibility of a supply squeeze. Will Clemente says that a Bitcoin supply shock could ignite a significant BTC rise.   “Hang in there guys. This thing is going to pop soon. Supply shock still in play this

MATIC, THETA, CRO and LEO could push higher this week if Bitcoin price holds above the $30,000 level.

Prominent on-chain analyst Willy Woo says that a particular investor cohort is the driving force behind Bitcoin (BTC) bull markets. Woo claims that small holders, or entities that own less than one BTC, continue to stack Bitcoin as they outpace the selling of large entities or whales.   “Chart: Weekly net flows to small holders