Bitcoin (BTC) stayed lower into the July 30 Asia trading session after a swift rejection at resistance sparked a $4,000 BTC price drop. BTC/USD 1-hour chart. Source: TradingView BTC price fails to clinch key support … Bitcoin trader eyes $60K next as bears force fresh BTC price rejectionRead more
Month: July 2024
Coinbase provides custody for DigitalX’s new Australian Bitcoin ETF
Cryptocurrency exchange Coinbase is doubling down on its support of global spot Bitcoin exchange-traded funds (ETF), becoming a custody partner for a Bitcoin ETF in Australia. Australia’s DigitalX, the issuer of the spot Bitcoin ETF … Coinbase provides custody for DigitalX’s new Australian Bitcoin ETFRead more
Hong Kong legislator eyes Bitcoin for fiscal reserves
Hong Kong Legislative Council Member Johnny Ng has announced plans to collaborate with various stakeholders to assess the feasibility and potential benefits of incorporating Bitcoin into the special administrative region’s financial reserves. In a recent … Hong Kong legislator eyes Bitcoin for fiscal reservesRead more
Bitcoin Beach co-founder claims Bitcoiners want to move families to El Salvador
Roman Martinez, one of the co-founders of the Bitcoin Beach zone in El Salvador, claimed that “a lot of Bitcoiners” are considering the country as a place to resettle in response to international regulatory crackdowns … Bitcoin Beach co-founder claims Bitcoiners want to move families to El SalvadorRead more
RFK Jr. promises BTC strategic reserve, dollar backed by hard assets
Independent presidential candidate Robert F. Kennedy Jr. praised the role Bitcoin could play in improving the US economy and the American way of life as he spoke to an audience at the Bitcoin2024 event on … RFK Jr. promises BTC strategic reserve, dollar backed by hard assetsRead more
Jimmy Song criticizes BTC 2024 speakers—'Not what makes Bitcoin great'
Author and Bitcoin expert Jimmy Song recently took the stage at the 2024 Bitcoin event in Nashville to denounce the topics presented on the first day of the event, including the encroaching banking sector, institutional … Jimmy Song criticizes BTC 2024 speakers—'Not what makes Bitcoin great'Read more
Why Biden’s exit from the elections briefly pushed Bitcoin price to $68K
United States President Joe Biden’s exit from the presidential elections helped Bitcoin’s price stage a brief recovery despite creating additional market uncertainty. On July 21, Biden announced that he was dropping out of the United States … Why Biden’s exit from the elections briefly pushed Bitcoin price to $68KRead more
Europol anticipates rise in AI-driven cybercrime: Report
The European Union Agency for Law Enforcement Cooperation (Europol) expects a rise in the number of artificial intelligence-assisted cybercrimes, as revealed in its yearly analysis of the latest cyber threats in the EU. In its … Europol anticipates rise in AI-driven cybercrime: ReportRead more
Bitcoin trader sees 2 months to all-time high as China cuts key rates
Bitcoin aimed for $68,000 at the July 22 Wall Street open as a Chinese interest rate cut added to bullish crypto catalysts. BTC/USD 1-hour chart. Source: TradingView China enacts “unexpected” rate cuts Data showed Bitcoin (BTC) price … Bitcoin trader sees 2 months to all-time high as China cuts key ratesRead more
Bitcoin large sellers 'exhausted' as $67K price holds
Bitcoin whales are easing off their selling pressure as Bitcoin continues to gain strength over the past seven days, holding above $67,000. “Bitcoin large sellers are exhausted and valuation metrics suggest positive momentum,” CryptoQuant head … Bitcoin large sellers 'exhausted' as $67K price holdsRead more
New zero energy storage tech could lead to immortal blockchains
Recent advances in the field of long-term storage could form the basis for the development of immutable digital ledgers capable of storing data for millions of years without power. In other words: immortal blockchains. At … New zero energy storage tech could lead to immortal blockchainsRead more
Crypto market faces structural weakness: Binance report
The cryptocurrency market has experienced considerable turbulence over the past few months. Despite a recent upturn, the market capitalization is still down 14% from its peak in March. According to a Binance Research report, June … Crypto market faces structural weakness: Binance reportRead more
Bitcoin’s next leg could hit $110K, despite ‘lower highs and lower lows’
Bitcoin could jump to $110,000 on its next major rally, despite concerns of “lower highs and lower lows” forming as a pattern on the BTC price chart, according to crypto traders. “The next leg is … Bitcoin’s next leg could hit $110K, despite ‘lower highs and lower lows’Read more