Category «Bitcoin news»

Bitcoin fails to beat $23.4K sellers as US payrolls upend inflation debate

cointelegraph.com Bitcoin (BTC) saw fresh rejection at $23,500 resistance on Aug. 5 as United States equities failed to embrace surprisingly strong payroll data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Collapsing real wages” poke fun at payroll print Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as bears kept the market in its intraday …

Core Scientific Sold More Bitcoin in July Than It Mined

www.coindesk.com Core Scientific (CORZ), one of the largest bitcoin miners by hashrate produced 1,221 bitcoins in July while selling 1,975 to pay for capital and growth expenses. The miner received a total of $44 million, or $22,000 each, according to a statement published Friday. Core used the cash from the sale for capital investments related …

F1 Racing Team Aston Martin Adds Bitcoin Payments For Its Online Store

thecryptobasic.com F1 Racing Team Aston Martin Adds Support For Crypto Payments To Enable Crypto Users To Shop On Its Online Store. It’s a big win for the crypto industry as one of the biggest Formula One teams starts accepting crypto payments. Crypto’s have been winning huge support from various economic sectors over the last few …

Three fundamental drivers for Bitcoin’s potentially bright future

finbold.com Bitcoin (BTC) is trading back above the $23,000 mark but the flagship digital asset is still far cry from its all-time high of $67,000 it reached in November 2021.  Nevertheless, the maiden cryptocurrency may have a bright future if three fundamental forces, namely inflation, halving, and adoption – continue to exert their strong influence. …

Crypto Analyst Lark Davis Says “Don’t Sell” Your Bitcoins to BlackRock

www.cryptoglobe.com Highly popular New Zealand based crypto analyst said earlier today (August 5) talked about the strategic partnership between Coinbase and BlackRock (the world’s top asset management firm by total AUM) that was announced yesterday. BlackRock, which was founded in 1988, started with just eight people working in one room. It made its Initial Public …

Bitcoin (BTC) Reclaims $23,000 After Short-Term Deviation

beincrypto.com Bitcoin (BTC) has reclaimed a minor horizontal support level at $22,700 and could soon make another attempt at breaking out from a longer-term pattern. BTC has been increasing inside an ascending parallel channel since June 19. More recently, it reached the resistance line of the channel on July 30, was rejected and has been …

Legendary Trader Peter Brandt Says Bitcoin Is His Own Largest Position

u.today According to the trader’s own post, one of Brandt’s largest owned positions is Bitcoin. But in the thread in which he mentioned this fact, Brandt promoted a clip from “Real Time with Bill Maher” where the host makes fun of the cryptocurrency industry and certain coins, including Dogecoin. Brandt added that it was funny that only …

Bitcoin price reaches $23.4K on 4.6% gains amid ‘very mixed’ outlook

cointelegraph.com Bitcoin (BTC) rebounded overnight into Aug. 5 as a fresh trendline reclaim opened the door to further gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Daily BTC pricechart sets up “tentative” long signal Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing off a local bottom at $22,400 to add around 4.6%. The …