Category: Bitcoin

The mayor of Jackson, Tennessee sees Bitcoin (BTC) as a tool that can address the declining value of the US dollar. Mayor Scott Conger says that he’s gravely concerned about the rapid rise of inflation in the country as he offers a way out of the US dollar’s deteriorating value.   “Why do we accept inflation?

Bitcoin (BTC) was on track to lose nearly $3,000 this week as a weekend of mixed price behavior came to an end. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader hopes for last-minute BTC price volatility  Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading at just above $31,500 late Sunday — a potential -$2,800

Guggenheim Partners founder Scott Minerd is offering a bleak short-term outlook on Bitcoin’s price action. Minerd says that he sees a breakdown in Bitcoin’s price, considering that BTC has tapped its immediate support multiple times.   “A technician’s rule to remember with Bitcoin: ‘Every time a support level is tested it becomes weaker.’ That would

It’s now three months since the last Bitcoin (BTC) all-time high, but one measure suggests that holders may be waiting even longer for the next. In a series of tweets on July 17, analytics service Ecoinometrics revealed that this year’s descent from all-time highs is the second-longest in Bitcoin bull market history. $30,000 may stay

Even before China finally wielded the ban hammer on crypto mining, Bitcoin (BTC) miners in North America had been building up their capacity amid efforts to gain a larger share of the global hash rate distribution. From building bigger data centers to acquiring hardware inventories, these establishments have been making concert efforts to balance the

Crypto analytics firm Santiment says deep-pocketed investors are accumulating Bitcoin amid the sustained downturn in the markets. Santiment says that a certain cohort of BTC investors has been growing in population since the crypto market crash in May.   “Bitcoin may have dropped to [$31,000] Thursday, but the BTC ‘millionaire tier’ of addresses holding between 100

If one word could be used to describe how the majority of participants in the cryptocurrency ecosystem feel about the near-term outlook for Bitcoin (BTC) it would be ‘undecided’, as mixed signals from all manner of indicators have many traders waiting for a significant move in either direction before planning their next entry point.  A

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week   New data hints why Bitcoin price action has spent

Bank of America is reportedly taking a big first step into the crypto markets. The second-largest bank in the US has launched Bitcoin (BTC) futures trading for a select group of clients, according to a report from CoinDesk.   Anonymous sources “with knowledge of the matter” say a small number of clients are already up

Bitcoin (BTC) bears should watch out for a potential blow as the number of margined short positions on the Bitfinex exchange crashes by roughly 25%. The dataset dropped to 11,066 BTC as of 12:20 GMT Saturday, compared to 14,897 BTC at the session’s open. Meanwhile, the drop came as a part of a bigger downside