Bitcoin has stuck to the $37,000 level over the past 24 hours while ether slid. Bitcoin (BTC) trading around $37,275 as of 21:00 UTC (4 p.m. ET). Gaining 2.4% over the previous 24 hours. Bitcoin’s 24-hour range: $36,010-$37,536 (CoinDesk 20) Ether (ETH) trading around $2,397 as of 21:00 UTC (4 p.m. ET). In the red 1.8% over the previous 24 hours. Ether’s 24-hour range: $2,377-$2,492 (CoinDesk 20) Bitcoin sentiment mixed Bitcoin’s hourly price chart on Bitstamp since June 8.Source:

Bitcoin’s (BTC-USD) chances of falling below $10,000 have increased significantly since mid-April, according to betting aggregators US-Bookies.com. The odds that Bitcoin drops to $10,000 in 2021 were 8/11 (57.9% implied probability), a sharp increase from mid-April, where the odds were 4/1 (20%). “The latest trends have not indicated a positive outcome for the popular cryptocurrency,” a US-Bookies spokesperson said. Bitcoin rose over $2,000 Thursday after the Basel Committee recognized… Source link

EL ZONTE, El Salvador (AP) — After El Salvador’s congress made the bitcoin legal tender this week, eyes turned to this rural fishing village on the Pacific coast. Known to surfers for its pounding waves, El Zonte has had the cryptocurrency in its economy for the past year. Some 500 fishing and farming families use bitcoin to buy groceries and pay utilities, something the government envisions for the country at large. Bitcoin already was legal to use in El Salvador but its acceptance was… Source link

The FBI’s surprise announcement Monday that it had seized some of the ransom that Colonial Pipeline paid to criminal hackers came as a double shock. On one hand, it was major news that the U.S. government had flexed its cybersecurity muscles on behalf of the owner and operator of the country’s largest fuel pipeline, taking over a bitcoin account and marking the first public recovery of funds ever from a known ransomware gang.  On the other hand, it raised a question: Why hadn’t the U.S. done… Source link

A man buys in a store that accepts bitcoins in El Zonte, El Salvador. Stanley Estrada/AFP via Getty Images hide caption toggle caption Stanley Estrada/AFP via Getty Images A man buys… Source link

Bitcoin and cryptocurrency prices have struggled over the last month, with around $1 trillion wiped from the value of the combined crypto market since it peaked at around $2.5 trillion in mid-May. The bitcoin price fell to just over $30,000 per bitcoin this week before rebounding thanks to El Salvador’s plans to adopt bitcoin as its official currency alongside the U.S. dollar. Elsewhere, the other top five cryptocurrencies by value—ethereum, Binance’s BNB, cardano, and dogecoin—have… Source link

Ethereum Ethereum fell by 5.35% on Thursday. Reversing a 4.07% gain from Wednesday, Ethereum ended the day at $2,471.59. A mixed start to the day saw Ethereum rise to an early morning intraday high $2,625.00 before hitting reverse. Falling short of the first major resistance level at $2,691, Ethereum slid to a late intraday low $2,428.16. The reversal saw Ethereum fall through the first major support level at $2,469 before ending the day at $2,471 levels. At the time of writing, Ethereum was up… Source link

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The energy used to mine cryptocurrencies is comparable to that of many developed countries and rivals the emissions from major fossil-fuel users and producers such as airlines and oil-services firms. By Vildana HajricBloomberg The Bitcoin Mining Council made its formal debut Thursday amid a growing debate over the amount of energy used in cryptocurrencies. “The Bitcoin Mining Council is a voluntary and open forum of Bitcoin miners committed to the network and its core principles,”… Source link

(Photo by Yuriko Nakao) Getty Images They say you should never trade drunk and that is true, and recently I have added to that idea by saying you should never invest or trade when you are ill. So here is an example of what you can end up thinking when you are sick, in my case after a right beating up from the Pfizer vaccine, which I’m happy to say is simply worth suffering to avoid a go-round with Covid. Been there, done that, nearly bought the t-shirt. So here is the set… Source link