Bitcoin

The top 10 are recognized for outstanding contributions across development, business building, regulation, gaming, art and investing. CoinDesk commissioned 10 artists to create portraits of these influencers, with NFTs of the works available at platforms like SuperRare and Foundation. Up to 20% of the sales will go to charities of the artists’ choice. Source link

This is the tech analysis for Bitcoin (BTC). We will be looking at movements from the day prior and today’s support, resistance, pivot levels, and Fibonacci’s. Additionally, we will look at the broader market moves on the day prior and any key market drivers. Bitcoin’s Day Prior Moves Bitcoin, BTC to USD, rose by 4.73% on Saturday. Reversing a 0.82% loss from Friday, Bitcoin ended the day at $49,426. A mixed start to the day saw Bitcoin fall to an early morning intraday low $46,872 before… Source link

This is the tech analysis for Bitcoin (BTC). We will be looking at movements from the day prior and today’s support, resistance, pivot levels, and Fibonacci’s. Additionally, we will look at the broader market moves on the day prior and any key market drivers. Bitcoin’s (BTC) Day Prior Moves Bitcoin, BTC to USD, fell by 0.82% on Friday. Following a 5.73% slide on Thursday, Bitcoin ended the day at $47,208. After a mixed start to the day, Bitcoin rose to an early afternoon intraday high… Source link

In Budapest, there is a bust by the Danube River. The face is bronze, and blank, so people can see their own faces reflected back at them. It is wearing a hoodie, with the bitcoin logo on the chest. It is a statue of the mysterious Satoshi Nakamoto. Nakamoto is the person or persons who developed bitcoin. They are anonymous and pseudonymous. They created a decentralised, digital commodity which is now worth more than a trillion dollars globally. It is a peer-to-peer way of transferring money,… Source link

Bitcoin (BTC) could be forming a so-called “double top” pattern after falling by over 30% from its record high of $69,000, suggests Peter Brandt, a veteran trader known for correctly calling the crypto market top in December 2017.  The bubble has been popped. Bull market in $BTC over for some time. For analog look at Gold chart from 2011 on wards pic.twitter.com/AUSiGH0eCg — Peter Brandt (@PeterLBrandt) December 22, 2017 The Factor LLC CEO recalled Bitcoin’s inability to extend its price… Source link

Bitcoin extended gains after data showed US consumer prices increased at the fastest pace in nearly four decades. By Vildana HajricBloomberg Published On 10 Dec 202110 Dec 2021 Bitcoin extended gains after a report showed U.S. consumer prices increased at the fastest pace in nearly four decades. The largest cryptocurrency by market value has long been touted as an inflation hedge, in part because of its fixed supply. Bitcoin rose as much as 4.4% to $50,101 in New York trading on Friday. The… Source link

Bitcoin (BTC) recovered above $48,000 on Dec. 10 after another fall took BTC/USD to lows of $47,350 overnight. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Taper tantrums Data from Cointelegraph Markets Pro and TradingView showed the pair orbiting $48,300 at the time of writing as markets braced for November’s Consumer Price Index (CPI) readout. As Cointelegraph reported, economists tip this month’s year-on-year inflation data to beat October at 6.7%. While last month’s… Source link

Text size Dreamstime Investors are punishing Bitcoin mining stocks as prices for the… Source link

Analysts pointed to several factors to explain the upward trajectory, one of them being the Ethereum blockchain’s EIP-1559 upgrade implemented in August. That change has effectively reduced the net new supply of ether from the Ethereum blockchain, and it appeared to help ETH/BTC make gains in a risk-off environment. Source link

You probably understand how Bitcoin is bought and sold on a marketplace, but it’s more complicated when we talk about how digital coins are created. This is where Bitcoin mining comes in, the process by which new units of the currency are made, or “minted,” and introduced into the market. But how does the process work, and why is it so bad for the environment? Here’s everything you need to know. How Does Bitcoin Mining Work? Awesome Miner Unlike a centralized physical bank, Bitcoin… Source link