bitcoin

Salvadoran President Nayib Bukele’s Broken Bitcoin Promise

Mario Garcia said it hurts to breathe. The tear gas tossed into his poorly ventilated, tin-roofed prison cell, where he was packed in with dozens of other men, took a while to disperse. He had pain in his side, broken ribs, and other internal injuries yet to be diagnosed. Garcia said he saw five men die in the 24 days he was imprisoned after an anonymous tipster accused him of being a gang member. But he’s grateful — to God, he said, and especially to his president, Nayib Bukele — that… Source link

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Short term bullish targets for Litecoin + Shiba & Bitcoin Recap – FXStreet

Short term bullish targets for Litecoin + Shiba & Bitcoin Recap – FXStreet

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not… Source link

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Bitcoin traders eye levels to hold as ‘decision time’ looms for BTC price

Bitcoin traders eye levels to hold as ‘decision time’ looms for BTC price

Bitcoin (BTC) recovered above $23,000 into July 22 as attention increasingly focused on the upcoming weekly close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price needs to preserve at least $22,400 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD finding renewed strength after briefly dipping towards $22,000. The pair traded in a critical zone for bulls on the day, with the 50-day and 200-week moving averages (MAs) still yet to flip from resistance to… Source link

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Ethereum supply to shrink after ‘Merge’ upgrade, says Buterin

Ethereum supply to shrink after ‘Merge’ upgrade, says Buterin

Ethereum co-founder Vitalik Buterin discussed the upcoming ‘Merge’ in which Ethereum will make a full transition from proof-of-work to a low energy intensive proof-of-stake mechanism for validating on-chain transactions. Photo: Michael Ciaglo/Getty Ethereum will change its monetary policy in the long-awaited ‘Merge’ upgrade, with the annual issuance of its ether (USD-ETH) cryptocurrency to be slashed by up to 90%. That sets the stage for ethereum to become deflationary, meaning that a greater… Source link

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Ethereum supply to shrink after ‘Merge’ upgrade, says Buterin

Ethereum supply to shrink after ‘Merge’ upgrade, says Buterin

Ethereum co-founder Vitalik Buterin discussed the upcoming ‘Merge’ in which Ethereum will make a full transition from proof-of-work to a low energy intensive proof-of-stake mechanism for validating on-chain transactions. Photo: Michael Ciaglo/Getty Ethereum will change its monetary policy in the long-awaited ‘Merge’ upgrade, with the annual issuance of its ether (USD-ETH) cryptocurrency to be slashed by up to 90%. That sets the stage for ethereum to become deflationary, meaning that a greater… Source link

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Should You Buy the Bitcoin Dip?

Should You Buy the Bitcoin Dip?

Nastco / Getty Images Did you miss your opportunity to buy Bitcoin when it was first released in 2009? The first cryptocurrency, which also represented the launch of blockchain technology for decentralized finance, launched at a price close to zero and didn’t hit $1 until February… Source link

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Possible Retracement In The Cards After Monero’s (MXR) Rally

Investors are looking at Monero (MXR) as a good investment option. On July 20, the crypto was trading at $152.80, but early on July 21, the price fell to $146.30. Another possible reason for Monero’s recent rally could be the strong development activity in the project. Investors are looking at Monero (MXR) as a good investment option, especially after its recent rally. The altcoin has seen a good bull run since its latest local low, but at the time of writing, MXR has been… Source link

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Ethereum Eyes Fresh Surge, Why ETH Could Surpass $1,700

Ethereum remained well bid above the $1,465 level against the US Dollar. ETH could start a fresh surge if there is a close above the $1,600 resistance. Ethereum corrected lower but the bulls were active near the $1,465 zone. The price is now trading above $1,500 and the 100 hourly simple moving average. There is a crucial bullish trend line forming with support near $1,520 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh surge if there is a clear move… Source link

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Ethereum Merge? Get Ready for the ‘Surge, Verge, Purge, and Splurge’, Says Vitalik Buterin

Vitalik Buterin wants you to know that Ethereum is just 40% complete—and there’s plenty more coming after the “merge.”  At the Ethereum Community Conference in France Thursday, the Ethereum co-founder shared his vision for future developments well beyond the network’s move to proof of stake. In fact, the move—often referred to as “the merge,” because it will combine the Ethereum mainnet with the proof-of-stake beacon chain—is just the first in a series of planned… Source link

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