Bitcoin

A job posting for a digital currency lead had pushed Bitcoin past $40,000 on Monday, its highest since June 15. Amazon.com Inc is denying a media report saying the e-commerce giant is looking to accept Bitcoin payments by the end of the year. The report from London’s City AM newspaper, citing an unnamed “insider”, sent the world’s biggest cryptocurrency up as much as 14.5 percent before it trimmed gains to last trade 6 percent higher at $37,684.04. “Notwithstanding our interest in… Source link

<!– (function(w, l){ w[l]=w[l]||[]; w[l].push({ ‘gtm.start’: new Date().getTime(), … Source link

A rally by bitcoin on Monday wasn’t all about a help-wanted ad from Amazon.com Inc., crypto analysts said. The ad, seeking a “digital currency and blockchain product lead” got credit for getting the ball rolling as it stoked expectations the e-commerce and cloud computing giant could soon begin accepting bitcoin for payment. That theme was reinforced after City A.M., a London-based financial news organization, cited an unnamed Amazon AMZN,

Names like bitcoin (BTC-USD), dogecoin (DOGE-USD), ethereum (ETH-USD), and litecoin (LITE-USD) are entrenching themselves in the financial and cultural lexicon.  But most people are not ready to take the cryptocurrency plunge, a new poll suggests. A YouGov survey of 1,715 U.S. adults, conducted exclusively for Yahoo, found that 89% of respondents had heard of bitcoin and a clear majority (57%) of those who were aware would not invest in any cryptocurrency. (The poll, conducted July 13-15,… Source link

Source link

Bitcoin’s quick rebound above the psychologically important $30,000 mark last week has emboldened bulls, who pushed prices through key resistance of $36,500 on Monday. This move has confirmed a classic double-bottom pattern, which points to a potential rally to $44,000 where the pattern’s objective and Bitcoin’s 200-day moving average are converging. Recent price action indicates that near-term resistance may lie in the $41,000 to $42,000 area. Follow @crypto Twitter for the latest news. Source link

The surge came on the heels of positive comments from Elon Musk as well as on news of potential use by Amazon, Twitter. Cryptocurrencies popped to the top of recent ranges as short-sellers bailed out in the wake of a strong week and traders hoped a handful of positive comments from influential investors might signal a turnaround in fragile sentiment. Bitcoin rose Monday as far as 12.5 percent to hit $39,850 – its highest since mid-June – during the Asia session, while ether hit a… Source link

<!– (function(w, l){ w[l]=w[l]||[]; w[l].push({ ‘gtm.start’: new Date().getTime(), … Source link

Twitter CEO Jack Dorsey says that bitcoin will be a big part of the company’s future. “If the Internet has a native currency, a global currency, we are able to move so much faster with products such as Super Follows, Commerce, Subscriptions, Tip Jar, and we can reach every single person on the planet,” he said. Bitcoin Set to Be a Big Part of Twitter Twitter announced its quarterly earnings Thursday that beat analysts’ forecasts. During the… Source link

What happened: Following four days of upward momentum traders are now looking to see how the price of Bitcoin (CRYPTO: BTC) will react as it nears a test of the 50-day exponential moving average. The price of the cryptocurrency dropped below the key average in May of this year and the level (currently $35,115) has now become resistance. Previous attempts to reclaim the 50-day EMA as support have failed since the price of BTC plunged from an all-time high of almost $65,000 in mid-April. Why… Source link