Bitcoin (BTC/USD) gained ground early in today’s Asian session as the pair appreciated to the 57791.89 level after trading as low as the 57050.94 level during the North American session, with the interday high representing a test of the 23.6% retracement of the recent appreciating range from 52369.61 to 58550. Additional downside retracement levels in […]
BTC/USD Finds Technical Support at 57091: Sally Ho’s Technical Analysis 2 May 2021 BTC
Bitcoin (BTC/USD) gained ground early in today’s Asian session as the pair appreciated to the 57791.89 level after trading as low as the 57050.94 level during the North American session, with the interday high representing a test of the 23.6% retracement of the recent appreciating range from 52369.61 to 58550. Additional downside retracement levels in […]
What are Bitcoin mixers, and why do exchanges ban them?
Bitcoin transactions are easy to trace, except when the sender uses a mixer to muddle the link between their crypto address and real-life identity. One of the original allures of cryptocurrency is the narrative that using them provides the sender or recipient anonymously, but this is a common misconception within the sector. In reality, Bitcoin […]
Bitcoin’s grim close, Tesla’s crypto sell-offs, Ether’s jaw-dropping surge: Hodler’s Digest, April 25–May 1
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Bitcoin bulls attack $57,000, and altcoins rally as April comes to […]
This venture capitalist’s $2.5 million investment in Coinbase turned into $4.6 billion
Eight years ago, Fred Wilson, a co-founder of New York-based venture capital firm Union Square Ventures, invested $2.5 million in then-unknown crypto exchange Coinbase—and that recently became the company’s most profitable exit, Bloomberg pointed out yesterday. “We may be completely wrong, it may be a fantasy,” Wilson said shortly after he invested $2.5 million in […]
Bittrex Global to be First Exchange to Integrate DigitalBits Mainnet
Bittrex Global (Bermuda) Ltd. announced today that it will be the first exchange to integrate the DigitalBits blockchain mainnet, and support the DigitalBits ERC-20 token swap. Bittrex Global also recently listed both the Zytara dollar (ZUSD) and DigitalBits (XDB) token on its digital asset exchange. ZUSD is a stablecoin that allows users to transact instantly, […]
How To Maximize The Privilege Of Holding Bitcoin
Although Bitcoin appears to be infiltrating the mainstream, only those who understand it deeply will truly reap its benefits. Laurence Newman is the cofounder of Coinmama, a bitcoin exchange. Since this time last year, the number of wallets holding bitcoin has grown by a whopping 8 million, with this growth accounting for over 20% of […]
Elon Musk, DOGE market maker? Meme currency pumps as SNL skit looms
No one man should have all that Much Wow-er. DOGE is set to make its pop culture debut. As a weeklong pump carries the meme cryptocurrency up 12% on the daily to $.33 and a staggering 43.8% higher on a 7-day basis, some are now speculating the rally could be fueled perhaps in part by […]
VORTECS Report: Altseason indicator flips to Bitcoin even as Rally and Polygon surge
Timely NewsQuakes deliver market-moving events directly to Markets Pro subscribers, while a record-breaking VORTECS Score coincides with Polygon’s remarkable price action. Crypto investors are scratching their heads this week, as a key indicator suggests that Bitcoin is about to take center-stage once more — even as Cointelegraph Markets Pro subscribers had the opportunity to take […]
Bitmain Cofounder Jihan Wu Says ‘Crypto Industry May Surpass the Internet’
During the Second 421 Wet Season Festival and Mining Ecology Conference the Chairman of the Bitdeer Group and cofounder of Bitmain, Jihan Wu spoke about institutions flocking to cryptocurrency mining. During the event Bitdeer outlined the company’s computing partnerships and its plans to make digital currency mining greener. Bitmain’s Cofounder Jihan Wu Is Optimistic About […]