Bitcoin

Text size Crypto prices are likely to swing in step with stocks after the release of inflation data. Dreamstime … Source link

Text size Crypto prices are likely to swing in step with stocks after the release of inflation data. Dreamstime … Source link

Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 13 (Reuters) – For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be becoming more realistic. The second-biggest cryptocurrency is taking market share from bitcoin ahead of an… Source link

The world’s largest cryptocurrency reached a milestone on Monday, Sept. 12 — Bitcoin (BTC) celebrated 5,000 days of uptime. The network has functioned almost without a hiccup for 13.69 years. In Bitcoin speak, the blockchain has been online, confirming a valid block of transactions every 10 minutes, on average, for 753,782 blocks (5,000 days). Plus, 3,464 days have passed since the last downtime incident.  The first Bitcoin block was mined by Satoshi Nakamoto on Jan. 3, 2009. Bitcoin… Source link

“Capturing the historical record in one place is crucial to building awareness and accountability for not only these specific denials, but the Commission’s treatment of the industry as a whole,” she said. “A single denial may be viewed from one perspective, but when the SEC’s denials are viewed comprehensively, a pattern emerges that the agency must address or if they can’t address it, Congress should take action.” Source link

Bitcoin (BTC) starts a pivotal week on a firm footing as bulls succeed in wiping out weeks of losses. After closing the latest weekly candle at $21,800, its highest since mid-August, BTC/USD is back on the radar as a long bet. The end to an extended period of downside interspersed with sideways price action now appears firmly at an end, with volatility expected to form a major theme in the coming days. In fact, few weeks in Bitcoin’s history have been as hectic as this one is likely to be. In… Source link

A year ago, El Salvador became the first country to make Bitcoin legal tender – alongside the US dollar, which the Central American country adopted in 2001 to replace its own currency, the colón. President Nayib Bukele, a cryptocurrency enthusiast, promoted the initiative as one that would deliver multiple economic benefits. Making Bitcoin legal tender, he said, would attract foreign investment, generate jobs and help “push humanity at least a tiny bit into the right… Source link

Bitcoin (BTC) stayed higher into the Sep. 10 weekly close as optimistic forecasts favored $23,000 next. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $23,000 targets remain in place Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $21,730 on Bitstamp overnight — the most since Aug. 26. The pair managed to conserve its prior gains despite low-volume weekend trading conditions being apt to amplify any weakness. Among analysts, excitement was palpable going… Source link

The price of Bitcoin gained momentum Saturday, rapidly rising more than 10% to barrel past the $21,000 level. Market sentiment has become more bullish as a result of MicroStrategy’s U.S. Securities and Exchange Commission filing to sell $500 million worth of MSTR shares in order to purchase additional Bitcoin. As of this writing, Bitcoin is trading at $21,434, up 8.3% in the last seven days, data from Coingecko show. The publicly traded software company… Source link

Arman Shirinyan First cryptocurrency’s rally might be far from over, according to analyst The most recent unexpected Bitcoin pump launched the first cryptocurrency back in the bullish range for the market, but it was not random and there were many signs suggesting an upcoming bounce. The same signs now project a continuation of the rally. Bitcoin futures market The negative funding of open interest and Bitcoin futures backwardation were the two main reasons that caused such a volatile… Source link