Category «Bitcoin news»

All latest news about Bitcoin | The main cryptocurrency. Financial technologies, startups, forecasts, cryptocurrencies exchange rates.

Bitcoin Price Continues To Drop With Seven Daily Red Candles

bitcoinmagazine.com The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Bitcoin And The S&P 500 In our latest monthly report, which focused extensively on the …

Which Developed Country Will Be The First To Adopt Bitcoin?

bitcoinmagazine.com Q: China has so much of our debt and we’ve seen now what the playbook is if you do something that the U.S. doesn’t agree with. As Iran has seen for the last 50 years, as Russia has now quickly seen, what happens when China enters some sort of a sanctioned period of time, …

The Great Wall: Why China’s Central Planners Can’t Handle Bitcoin

bitcoinmagazine.com This is an opinion editorial by Andrew A, a Bitcoin educator and contributor to Bitcoin Magazine Much like the tragic figures of Greek mythology, China has a long and storied history of snatching defeat from the jaws of victory. Its ruling class, in particular, has always had an insatiable appetite for self-flagellation. Banning bitcoin …

Bitcoin Whales Turn Bearish?, What’s In Store For BTC Over The Weekend

www.newsbtc.com Bitcoin has been moving back and forth along the line between $22,500 and $23,500 with bears increasing their efforts over today’s trading session. The cryptocurrency has seen an increase in selling pressure from BTC whales. Related Reading: This On-Chain Indicator Suggests Bitcoin Still Only 1/3rd Into Bear Market At the time of writing, Bitcoin …

Data Shows Bitcoin Still Highly Correlated With Stock Market

bitcoinist.com Data shows the Bitcoin correlation with the stock market has been high in recent months as the crypto has been closely following S&P 500 and NASDAQ. Bitcoin Has Continued To Mimic Movements Of The US Stock Market In 2022 As per the latest weekly report from Arcane Research, while BTC has been more volatile …

Bitcoin (BTC) Price Analysis for August 5

u.today Bulls keep setting coins to new local peaks, according to CoinMarketCap rankings. BTC/USD The rate of Bitcoin (BTC) has risen by 1.32% over the last 24 hours. On the local chart, Bitcoin (BTC) is stuck between the support level at $22,928 and the resistance at $23,427. The volume has declined, which means that one should …

Bitcoin Sends Mixed Signals At $23,000, Capped Upside Potential?

www.newsbtc.com Bitcoin keeps on moving sideways as the weekend approaches and, with less trading volume on exchange platforms, the cryptocurrency hints at potential losses. BTC’s price has surrendered the gains from the past week but has been able to hold to its current levels as critical support. Related Reading: TA – Polkadot Price Shows Strength, …

Bitcoin sees minor sell off after US payroll data beats expectations

cryptoslate.com The U.S Bureau of Labor Statistics (BLS) released its nonfarm payroll showing employment had increased by 528,000 in July. This was more than twice Wall Street’s expectations of a 258,000 increase. According to the figures, U.S unemployment now stands at 3.5%, beating analysts’ expectations of a 3.6% unemployment rate. Stocks and Bitcoin initially reacted …