Bitcoin

With the recent Russian invasion of Ukraine, multiple efforts have been made by various cryptocurrency and blockchain groups to provide aid to the Ukrainian people. From the Ukrainian DAO to anonymous donations made in bitcoin to a Ukrainian wallet address posted publicly on Twitter, the cryptocurrency community has once again shown that it is willing to combat political oppression and tyranny. These events have encouraged me to revisit Bitcoin’s connection to politics, which is a somewhat… Source link

#masthead-section-label, #masthead-bar-one { display: none } Russia-Ukraine War liveUpdates Maps Photos Key Cities Guide to the Conflict History of Tensions Advertisement Continue reading the main story Supported by Continue reading the main story The shift Bitcoin Was Made for This Moment. So Why Isn’t It Booming? Long hailed by its advocates as a safe hedge during uncertain times, Bitcoin’s value has fallen steadily in recent weeks. Credit…Photo Illustration by Studio Wout/Shutterstock March 11,… Source link

24K-Production / Getty Images On May 22, 2010, crypto miner Laszlo Hanyecz traded 10,000 of his bitcoins for two Papa John’s pizzas. It was the first real-world cryptocurrency transaction in history. Only a little more than a decade later, those same 10,000 bitcoins would be worth… Source link

There’s was no rest for weary crypto traders on March 10 as a blistering 7.9% CPI print emerged as the headline of the day, putting pressure on global financial markets and erasing the previous day’s gains in Bitcoin (BTC) as the price fell back below $40,000.  Data from Cointelegraph Markets Pro and TradingView shows that the BTC sell-off kicked off in the early trading hours on Thursday and escalated into midday with the price hitting a low of $38,562 before dip buyers bid it back above… Source link

After tapping a 24-hour high at $42,592 per unit, the price of bitcoin lost the gains it gathered on Wednesday, sliding more than 5% during Thursday morning’s trading sessions. Meanwhile, as crypto prices fluctuated, an odd bitcoin transaction from 2010 was transferred at 1:45 a.m. (UTC) moving 429 bitcoin worth $16.8 million. Large Sum of ‘Sleeping Bitcoin’ Transferred After More Than 11 Years of Slumber Crypto prices have been shaky during the last few days amid the… Source link

The capital will go toward solutions across Web 3, including the metaverse, play-to-earn games, decentralized finance (DeFi), non-fungible tokens (NFT) and decentralized autonomous organizations (DAO). Other areas of interest include CityCoins and GovTech. Source link

A potential decline below the lower line of the trendline would imply a continuation of the broader drop from record highs. On the downside, support is seen at $30,000, below which the next technical price floor is seen directly at the December 2017 high of $19,891. Source link

“At present, we already know that the Fed will raise interest rates, so no matter how the U.S. market changes, this thing will happen. The most considerable influence at the moment may be the hawkishness of the European Central Bank this week,” said Griffin Ardern, a volatility trader from crypto-asset management company Blofin. Source link

“Volatility” is the word of the month, and that is exactly what cryptocurrency investors saw today when Bitcoin (BTC) rallied after concerns over the Biden administration’s executive order on crypto turned out to be a “nothingburger.” Data from Cointelegraph Markets Pro and TradingView shows that, after trading near the $39,000 mark for the past few days, the price of Bitcoin spiked 10.42% to an intraday high of $42,606 as cautious traders flooded back into the market. BTC/USDT 1-day chart…. Source link

Bitcoin (BTC) held onto swift gains at the Wall Street open on March 9 as nerves over U.S. regulatory moves calmed.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Executive order enters with a whimper Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $42,000 into the start of trading on March 9. The pair had shrugged off the latest round of macro tensions to add over 11% in 24 hours, among the best movers in the broader crypto market. Despite mixed… Source link