Bitcoin (BTC) use in Guatemala is on the up. The Latin American country that borders El Salvador boasts Guatemalan-grown Bitcoin companies such as Ibex and Osmo, several Bitcoin Beach-inspired projects including Bitcoin Lake, and now, free BTC tattoos. A Bitcoin merchant adoption competition hosted by Osmo Wallet in 2022, a Guatemala-based Bitcoin company, led to the free ink promotion. Cointelegraph spoke to Piero Coen, the co-founder of Osmo Wallet, and Steven Marroquin, the owner of… Source link

An analyst closely followed in the crypto space says that one altcoin operating on the Ethereum (ETH) blockchain is ready to run, and has updates on three other digital assets. Michaël van de Poppe tells his 647,000 Twitter followers that Ethereum scaling solution Polygon (MATIC) is likely presenting an opportunity for a 60% gain if it provides the right entry at around $1. “This looks ready to break upwards significantly. Would be interested in buying around $1 for a retest… Source link

As Bitcoin (BTC) shows a minor bull run, the connected sub-ecosystems’ year-long struggle for survival has started to pay off. For starters, the Bitcoin mining community experienced a 50% increase in revenue — through mining rewards and transaction fees — in the first month of 2023. On Dec. 28, 2022, Bitcoin mining revenue dipped to $13.6 million for the first time since October 2020. This, coupled with rising energy prices amid geopolitical tensions, imposed tremendous financial… Source link

Bitcoin and Ethereum prices have been on the rise for the past few months, and even today. This has resulted in many investors wondering if another 5% rise is possible for BTC and ETH today.  To answer this question, we need to look at the current market conditions and analyze whether or not there is enough momentum in the market to push Bitcoin and Ethereum prices higher.  Risk-On Crypto Mood: What You Need To Know About The… Source link

A crypto strategist who nailed Bitcoin’s (BTC) 2018 bottom believes we’re in for a rough few weeks after this year’s bullish start. Pseudonymous analyst Smart Contracter tells his 219,300 Twitter followers that many altcoins have already completed their five-wave rallies. The analyst is referring to the core principle of the Elliott Wave theory, a technical analysis approach that tries to predict future price action by following crowd psychology that tends to manifest in… Source link

In recent years, there has been a surge in interest and investment in cryptocurrencies, as more people become aware of their potential benefits. Litecoin (LTC) and Ripple (XRP) are two of the most popular cryptocurrencies currently available. Both have a large market capitalization, and are well-established coins with a strong user base. However, Snowfall Protocol (SNW) is a newer coin that is quickly gaining popularity over Litecoin (LTC) and Ripple (XRP). But, what makes Snowfall Protocol… Source link

Bitcoin (BTC) starts a key week with a familiar cocktail of price spikes mixed with fear that the bear market will return. After sealing its highest weekly close in almost six months, BTC/USD remains over 40% up year-to-date with the monthly close just 48 hours away — can the gains hold? Against all odds, Bitcoin has rallied beyond expectations this month, making January 2023 so far its best in a decade. Throughout, concerns have called for an imminent comedown and even new macro BTC price… Source link

Bitcoin’s mining difficulty level rose 4.68% on Sunday, hitting an all-time high, as the networks’ hashrate also continued to increase. See related article: Blockstream says it raised US$125 million to expand Bitcoin mining operations Fast facts The mining difficulty reading came in at 39.35 trillion at block height 774,144 in Sunday’s biweekly adjustment, following a 10.26% rise in the previous adjustment on Jan. 16, according to data from BTC.com. The latest Bitcoin mining difficulty… Source link

The recent launch of a nonfungible token (NFT) protocol on the Bitcoin mainnet has the crypto community divided over whether it’ll be good for the Bitcoin ecosystem.  The protocol, referred to as “Ordinals,” was created by software engineer Casey Rodarmor, who officially launched the program on the Bitcoin mainnet following a Jan. 21 blog post. The protocol essentially allows for the Bitcoin version of NFTs — described as “digital artifacts” on the Bitcoin network. These… Source link

The recent launch of a nonfungible token (NFT) protocol on the Bitcoin mainnet has the crypto community divided over whether it’ll be good for the Bitcoin ecosystem.  The protocol, referred to as “Ordinals,” was created by software engineer Casey Rodarmor, who officially launched the program on the Bitcoin mainnet following a Jan. 21 blog post. The protocol essentially allows for the Bitcoin version of NFTs — described as “digital artifacts” on the Bitcoin network. These… Source link