Bitcoin

BTC stocks correlation ‘not what we want’ — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts the second week of April with a whimper as bulls struggle to retain support above $40,000. After a refreshingly low-volatility weekend, the latest weekly close saw market nerves return, and in classic style, BTC/USD fell in the final hours of April 10. There is a feeling of being caught between two stools for the average hodler currently — macro forces promise major trend shifts but are being slow to play out. At the same time, “serious” buyer demand is also absent… Source link

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Bitcoin Remains Intact as it Continues to Surge Above US$43,000

Bitcoin Remains Intact as it Continues to Surge Above US$43,000

Bitcoin is all-set to rise and become the crypto king again, at least for now In recent weeks, Bitcoin is marching forward towards redeeming its lost market recognition and value. For Bitcoin, the year 2021, was quite successful given the fact that single crypto drove the value of the entire crypto market to new highs. Since this feat, traders and business leaders have been quite optimistic about the prospects of BTC and its dominance in the economic and financial markets. So much so that El… Source link

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Bitcoin Beach: How a town in El Salvador became a testing ground for bitcoin

If you feel like you’ve been hearing a lot about bitcoin lately, those aren’t voices in your head.  Last month, in an attempt to skirt harsh financial sanctions, a top Russian lawmaker said Russia may start accepting bitcoin for oil and gas. If you watched the Super Bowl this year, you probably saw the ads for crypto-companies. And now, President Biden has turned his attention to digital assets, signing an executive order to examine the risks and benefits of cryptocurrencies. So we… Source link

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A New Super PAC Aims to Elect BTC Advocates and ‘Vote out Anti-Bitcoin Politicians Like Brad Sherman, Elizabeth Warren’ – Bitcoin News

A New Super PAC Aims to Elect BTC Advocates and ‘Vote out Anti-Bitcoin Politicians Like Brad Sherman, Elizabeth Warren’ – Bitcoin News

On Friday, Grant McCarty, the director of policy and public affairs at Bitcoin Magazine, announced the launch of three political efforts aimed at bolstering bitcoin public policy at the Bitcoin 22 conference in Miami. McCarty revealed the Bitcoin Advocacy Project (BAP), the Bitcoin Policy Institute (BPI) and an independent expenditure-only political committee called the Financial Freedom PAC. 3 Newly Launched Political Efforts Aim to ‘Bring About an Orange Wave Across… Source link

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Terra’s Luna Foundation Scoops up 4,130 Bitcoin Worth $176 Million – Bitcoin News

Terra’s Luna Foundation Scoops up 4,130 Bitcoin Worth $176 Million – Bitcoin News

On Sunday, April 10, 2022, the Terra (LUNA) project and Luna Foundation Gaurd (LFG) acquired 4,130 bitcoin worth $176.1 million at the time of settlement. Using today’s bitcoin exchange rates, LFG now has a total of 39,897.98 bitcoin worth $1.7 billion. Luna Foundation Gaurd Obtains $176 Million in Bitcoin for the UST Decentralized Forex Reserve Two days ago, the Luna Foundation Gaurd (LFG) announced a partnership with the Avalanche Foundation and disclosed it would be purchasing… Source link

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Bitcoin battles for weekly close above $42K as LFG buys 4,130 more BTC

Bitcoin battles for weekly close above $42K as LFG buys 4,130 more BTC

Bitcoin (BTC) prepared for its lowest weekly close of the month so far on April 10 after a week of disappointing losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: BTC “giving people a second chance” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $42,700 Sunday with a matter of hours to go until the conclusion of the weekly candle. The pair had fallen into the end of Wall Street trading Friday, while the weekend provided some nervous calm as… Source link

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Bitcoin And Ether Up As BTC Whales Get Busy Acquiring New Supply From Sellers

The majority of cryptocurrencies were trading in the green zone early Sunday. Bitcoin price increased 0.62% in the previous 24 hours to $42,679.03, while Ethereum’s price inched up 1.26% to $3,254.76. According to Coindesk data, Ether, the second most traded cryptocurrency, was trading at $3,254, up 1.21%. During the previous day’s session, Bitcoin was trading at its long-term support level, while the crypto markets continued to drop. BTC/USD spent the most of Saturday trading near its… Source link

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Kevin O’Leary Predicts Trillions of Dollars Will Flood Into Crypto — Says Bitcoin Mining Will ‘Save the World’ – Featured Bitcoin News

Kevin O’Leary Predicts Trillions of Dollars Will Flood Into Crypto — Says Bitcoin Mining Will ‘Save the World’ – Featured Bitcoin News

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has predicted that trillions of dollars will flow into cryptocurrencies, particularly bitcoin. In addition, he said bitcoin mining will “save the world.” O’Leary Says ‘Spigots of Capital’ Will Flood Into Crypto Like You’ve Never Seen Shark Tank star Kevin O’Leary gave a keynote speech at the Bitcoin 2022 conference Thursday. He said that based on his experience in the indexing business, “massive pools of capital,… Source link

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Bitcoin 2022: ‘Cash is literally useless’ – Dollars and pounds attacked at crypto conference as inflation spikes | Science & Tech News

Bitcoin 2022: ‘Cash is literally useless’ – Dollars and pounds attacked at crypto conference as inflation spikes | Science & Tech News

It’s a dramatic sight. At the heart of a bustling conference hall, steam billows from a replica volcano emblazoned with Bitcoin 2022’s logo. For attendees, it’s a symbol of the cryptocurrency’s future ambitions – and shows how far Bitcoin has come since it launched in 2009. Image: A 3,000lb statue of a bull was unveiled on the first day of the conference. Pic: AP Early conferences only attracted dozens of people, mainly… Source link

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