Bitcoin

Text size (Photo by Dan Kitwood/Getty Images) Bitcoin tumbled below $39,000, hitting one-month lows, and … Source link

DEC Commissioner Basil Seggos says he still has concerns over Greenidge Generation’s permit application. (Vaughn Golden/WSKG) https://wskg.org/wp-content/uploads/2022/04/Seggos-Crypto-WEB.mp3 VESTAL, NY (WSKG) — The head of the New York State Department of Environmental Conservation continues to cast doubt whether a controversial cryptocurrency mining operation and power plant in the Finger Lakes will meet the regulator’s standards to renew its permits. DEC Commissioner Basil… Source link

Bitcoin is a money technology, the first drastic change since the creation of banking over 900 years ago with radical advances in money transfer, control, safekeeping, and money supply and issuance. In Short Bitcoin improves money as a whole: both for its use and creation. It is as easy to use as a bank account or digital banking application. Bitcoin allows users to move their money 24/7/365, in minutes. It gives users control over their money, adding enhancements to digital… Source link

The OG cryptocurrency, Bitcoin, has been a source of sorrow for many in 2022. Since the beginning of the year, it has been stuck in a range, peaking at around $48,000. Back in November 2021 – cryptos were on a roll and it seemed like nothing could stop them. Then came the crash that wiped out 50% of Bitcoin’s value in under three months. This has led investors to become extremely wary of cryptocurrencies in general. Is a further fall likely or can it recover from hereon? There was some… Source link

Jordan Belfort attends the premiere party for “The Wolf of Wall Street” at the Roseland Ballroom in New York.Evan Agostini/Invision/AP Jordan Belfort, the real-life “Wolf of Wall Street,” is now marketing himself as a crypto mastermind. Last week, he hosted a $40,000 cryptocurrency workshop at his Miami estate, NYT reported Friday. Three years ago, the former stockbroker and convicted felon said Bitcoin was a “mass delusion.” Jordan Belfort, the real-life inspiration behind “The Wolf of Wall… Source link

Text size Dreamstime Bitcoin edged higher Friday but remained below $41,000 as an… Source link

“A formal signal to break the support will be considered a failure under the previous lows in the $38,000 area,” Alex Kuptsikevich, senior financial analyst at FxPro, wrote in an email to CoinDesk. “The ability to develop a reversal to the offensive from these levels, on the contrary, will reinforce the importance of this moderate uptrend line.” Source link

Bitcoin (BTC) may be heading under $40,000 but fresh data shows that demand from major investors is anything but decreasing. For Ki Young Ju, CEO of on-chain analytics platform CryptoQuant, institutional BTC buying “could be the big narrative” in the crypto space once more. Coinbase Pro shifts serious amounts of BTC Ki highlighted figures from Coinbase Pro, the professional trading offshoot of United States exchange Coinbase, which confirm that large tranches of BTC continue to leave its… Source link

Over the past three months, Bitcoin’s (BTC) daily closing price fluctuated between $35,050 and $47,550, which is a 35.7% range. Although it might seem excessive, this is not unusual, especially considering BTC’s 68% historical annualized volatility.  Bitcoin/USD 1-day chart at Coinbase. Source: TradingView The relief rally that came after the April 11 dip below $40,000 followed the U.S. Consumer Price Index (CPI) report that announced 8.5% for March, the highest since 1981. Meanwhile, in… Source link

Online casino gambling in the U.S. is illegal in all but six states, kept in check by strict rules that make it hard for users to move money in and out of regulated internet casinos. But those rules don’t hold up so well when it comes to bitcoin. Internet casinos that offer users a way to gamble using cryptocurrencies are booming, sidestepping regulations while operating and advertising with near impunity. Dozens of websites operating outside the U.S. now offer a way to quickly begin… Source link