Bitcoin

Cash used to be king for Carolina Reyes. She would only hand over hearty snacks from her grill on the Pacific coast of El Salvador in exchange for green US dollar bills or rusty old dimes. But now she is selling her pupusas — the country’s signature stuffed cornbreads — for cryptocurrency. “It was hard to get used to at first, but I’m getting pretty good at using the app,” she says with a grin, proudly flashing the Bitcoin Beach wallet she uses to receive payments. Like many Salvadorans,… Source link

Bitcoin (BTC) bulls had everything to play for on April 3 as the first weekly close of the month looked set to be above the all-important $46,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Anything could happen in final hours of Sunday Data from Cointelegraph Markets Pro and TradingView painted an interesting picture Sunday, as commentators waited for some classic end-of-week volatility. BTC/USD had delivered few surprises over the weekend, with an overnight dip to near… Source link

The head of Defiance ETFs says she is “completely bullish on bitcoin.” Noting that it is a “good time” to get into the cryptocurrency, she explained why she believes the price of bitcoin will reach $100K. CEO of Defiance ETFs Bullish on Bitcoin Sylvia Jablonski, chief executive officer, chief investment officer, and co-founder of Defiance ETFs, explained her bullishness on bitcoin despite recent price declines in an interview with CNBC Thursday. Defiance ETFs is an… Source link

Bitcoin price fell from the $48,000 to the $44,000 value area, ending March on a lower note but still positive for the month. Strong dip-buying continues for Bitcoin. Downside risks remain a concern but are limited. Bitcoin price action shows continued support against the daily Tenkan-Sen, but repeated resistance against the $48,000 value area. A bullish breakout becomes more likely as BTC inches closer to the $48,000 resistance. Bitcoin price is positioned to… Source link

(Source) Some of Bitcoin’s properties sound abstract. Properties like digital ownership, censorship resistance, decentralization and more. But the deeper you dig into the Bitcoin rabbit hole, the more you realize that Satoshi Nakamoto even implemented some mutually exclusive properties simultaneously: freedom of privacy and property rights. In fact, Bitcoin reconciles an uncensorable pseudonymous system and an extreme form of property rights. I would like to show why this combination was… Source link

Despite being up about 5% on the day, BTC’s price took a beating in the past couple of days. It appears that the bulls are attempting to retake control, although the shot at $47K from earlier today has so far been unsuccessful. Technical Analysis By: Edris Daily timeframe: Chart by TradingView Bitcoin’s price is struggling to recover, and it is still trading below the 200-day moving average. This level is one of the most common indicators to determine whether an asset is… Source link

Bitcoin is undoubtedly the favourite cryptocurrency investment. From corporate investors to retail ones, all have a soft corner for it. With the highest market capitalization, Bitcoin holds importance like no other. Over the years, Bitcoin has seen a lot of ups and downs. Despite the volatility, investors continue to invest in it for they know the returns are promising when held for a significant period. Now, the real question that arises is – Does Bitcoin price hitting US$100k make any… Source link

Just when the Bitcoin (BTC) miners helped release the 19th millionth BTC in circulation on Friday, the BTC network’s mining difficulty reciprocated by reaching an all-time high of 28.587 trillion.  Bitcoin’s network difficulty correlates to the computational power required to mine BTC blocks, which currently demands an estimated hash rate of 201.84 exahash per second (EH/s), according to data from Blockchain.com. Bitcoin network difficulty. Source: Blockchain.com Supporting the spike in… Source link

After dropping below $45,000 on March 31, Bitcoin (BTC) surprised investors with a quicker-than-expected recovery to the $46,500 level. Data from Cointelegraph Markets Pro and TradingView shows that bears managed to drop BTC to an overnight low of $44,210 before bulls showed up in force to lift the price back above $46,500 by midday. BTC/USDT 1-day chart. Source: TradingView Here’s what several analysts are saying about the short-term outlook for Bitcoin moving forward and what developments… Source link

Bitcoin (BTC) dived $3,000 into the morning of April 1 as a widely-predicted pullback seemed to accompany fresh moves by major investors.  As revealed by the Whale Shadows indicator, over 11,000 BTC suddenly left its wallet on March 29, having previously sat there for most of a decade. Dormant coins echo December 2017 Whale Shadows, coined by analyst Philip Swift, tracks coins that become active again after spending a considerable amount of time out of circulation. Tuned to only record when 100… Source link