At the start of the week, Bitcoin presented a bearish signal getting into the track below $30,000. Finally, it has begun to recover, reaching $32,000 after the depressing start of the week. As BTC dropped below the crucial support line of $30,000, it was expected that Bitcoin would fall to
Elon Musk’s interest in the cryptocurrency space has been viral and continued through a conference. At the ‘B Word’ conference held on Wednesday, Musk discloses SpaceX’s Bitcoin Holdings. He shared details about his and his company holdings on cryptocurrencies. SpaceX, an aerospace company, one of his private firms, holds BTC
Bitcoin fell below $30,000 for the first time since June 22, causing other coins to follow suit. According to CoinMarketCap data, the entire cryptocurrency market has lost nearly $100 billion in 24 hours as of Tuesday. Most virtual coins have been struggling to bull for more than a week due
Crypto experts expect “hyperbitcoinization” takes place in 2040 50% of the suspectors believe Bitcoin will surpass fiat money. Bitcoin couldn’t even move to Proof-of-Stake. Several cryptocurrency and fintech professionals expected a “hyperbitcoinization” that means, see the moment that Bitcoin overtakes global finance, to take place by 2040, this was found
Bitcoin (BTC) is at high risk as it remains bearish showing downtrend signals. However, BTC is the first digital asset in the crypto market. BTC is a peer-to-peer online currency, which indicates that all transactions happen directly between equal, independent network participants, without the help of any middlemen to permit
The famously known meme-coin (DOGE) trading volumes shot up 1250% close to $1 billion in the Q2, 2021. This remarkable score is recorded in the world’s top cryptocurrency exchange, Coinbase. Dogecoin is so popular in the crypto industry with numerous investors and as an additional asset it is the favorite
Following the largest Bitcoin difficulty drop in history, BTC.com has posted its difficulty drop for the fourth time in a row. Despite China’s ongoing crackdown on cryptocurrency mining, mining new Bitcoin (BTC) is becoming easier, with BTC experiencing another mining difficulty drop. According to the data from Bitcoin Explorer BTC.com,
Many beauty industries have shown recent interest in Bitcoin. Ann McFerran said that her company now accepts BTC, ETH, and DOGE. More brands began to understand the benefits of accepting cryptos as a payment method. Many beauty industries have shown recent interest in Bitcoin. CEO and founder of Glamnetic Ann
Bitcoin (BTC) price is expected to drop to $20k. BTC shows an Ascending Channel chart pattern. Bitcoin (BTC) price is expected to drop to $20k, however, BTC shows a bearish trending signal. According to CoinMarketcap, the BTC price is at $31,655.83 with a 24-hour trading volume of $19,666,506,654, at the
As simple as it seems, Bitcoin (BTC) is considered a store of value. But the price of BTC over the week has dropped closer to $30,000. While the same bearish signal does not apply to all other altcoins. On Friday, a number of smaller-cap altcoins were able to fight the
