Category: Bitcoin

Crypto analyst and trader Michaël van de Poppe is outlining the crucial price levels for Bitcoin, Ethereum and Cardano as the broader crypto markets begin to flash signs of strength. Van de Poppe tells his 348,100 Twitter followers that he wants BTC to flip former resistance at $35,000 into support in order to sustain its

Bitcoin’s reliance on large-scale mining infrastructure and geographic concentration has been thrown into sharp relief by China’s recent mining crackdown. In May, China announced that it would be getting tough on crypto mining and trading as a response to financial risks. The nation’s crackdown on crypto is not new, rather it’s a reiteration of previous

Mexico’s third-richest person has revealed that he is a supporter of Bitcoin and that his bank is working on plans to support the flagship crypto asset. Ricardo Salinas Pliego, the billionaire owner of Grupo Salinas which owns a myriad of different companies, says in a tweet that his bank, Banco Azteca, is looking to be

A closely-followed trader and analyst who twice pinpointed local tops in Bitcoin is outlining when we may see a second collapse in the world’s biggest crypto asset. The pseudonymous analyst known as Dave the Wave tells his 67,500 followers that Bitcoin is lacking strength as it trades within the range between $30,000 and $40,000. According

Analytics firm Santiment is weighing in on the state of Bitcoin and Ethereum as investors wait for the crypto markets to make their next move after a modest bounce in recent days. Santiment highlights two metrics that suggest Ethereum could be at a better-than-average spot for long trades.   The first one is the market

Popular crypto trader and analyst Cantering Clark believes Bitcoin is due for an extended cooldown period before continuing its historic bull run. After a powerful rally to a high of $64,804, Bitcoin took a sharp 50% correction in May following a wave of bad news, including fears of China crackdowns on miners and Tesla restricting

Small-scale hydroelectric plants in China are reportedly looking for new customers as crypto miners go abroad amid a nationwide crackdown on mining activity. According to the South China Morning Post (SCMP), advertisements for small-scale hydro plants with 50-megawatt capacity have surged on Chinese secondhand e-commerce platforms such as Xianyu.  According to the SCMP, some sellers

Often a figure of ridicule within the crypto community thanks to his outlandish predictions as well as being a larger-than-life personality, John McAfee has ceased to be in the spotlight of the crypto community. However, following his alleged “suicide” that occurred in a Spanish prison cell on June 23, tributes have been flowing en masse

Seven-time Super Bowl champion Tom Brady and Brazilian supermodel Gisele Bündchen are the latest celebrities to reaffirm the growing adoption of the cryptocurrency industry. West Realm Shires Services, FTX Trading Limited and Blockfolio, three companies behind major global cryptocurrency exchange business FTX, announced Tuesday a long-term partnership with Brady and Bündchen. As part of the

Bitcoin (BTC) tackled resistance at $35,000 on June 29 as upward momentum began to resurface throughout cryptocurrency. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price targets range high Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting 24-hour highs of $35,780 on Bitstamp on Tuesday. The pair put in 4.5% gains on the day,