Yesterday, there was a significant rally in bitcoin above USD 8,500 and USD 9,000. BTC/USD surged around 20% and tested the USD 9,500 zone before starting a downside correction. It declined below USD 9,000 and currently (08:30 UTC) consolidating above USD 8,550 (the previous key resistance). Similarly, there was a downside correction in most major…
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Ten days were not enough for blockchain developers to win a new Bitcoin (BTC) contest, launched by Paul Sztorc, an independent BTC researcher, and tap into a BTC 6.1 (USD 53,600) prize fund. However, contestants still have at least 12 days to go. The contest started last week and includes potential total rewards of up…
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Compared to the previous two Bitcoin (BTC) halvings that were marked by major jumps in the coin’s price around the time of the event, this halving may be different and BTC may not see a bull in the months following the event, according to CryptoCompare, a provider of the crypto market data. The third Bitcoin…
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The sentiment among investors in several major cryptoassets is on the rise, as a growing number of hodlers are seeing positive numbers on their account balance, on-chain analysis shows. According to data from on-chain analytics firm IntoTheBlock, more holders of bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), bitcoin SV (BSV), and litecoin (LTC) are now…
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Both bitcoin (BTC) and the broader crypto market saw another strong day today that brought the price of bitcoin past the USD 9,000 level, after also recording gains across the board yesterday. The gains came as sentiment in the market improved even more after bitcoin recovered all of its losses from March, and established itself…
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Fabio Panetta. While global regulators are warning about the risks of cryptocurrencies and private money initiatives such as Facebook’s Libra, a member of the Executive Board of the European Central Bank (ECB) made a somewhat surprising statement in support of "market-led initiatives." In a recent blog post, Fabio Panetta emphasized that the ECB is looking…
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The price of bitcoin (BTC) is once again seeing strong gains in the crypto market today, after soaring to levels not seen since before crypto’s “Black Thursday” on March 12, and again positioning the asset above a key technical level in the chart. (Updated at 14:50 UTC, when BTC trades at USD 8,338: updates in…
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A number of Chinese media outlets have published reports outlining the central bank’s plans for the digital yuan, which is set to make its debut at testbed sites next month, with some keen to point out that the new token “is not bitcoin (BTC) or ethereum (ETH)” and will not lead to a rise in…
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The front cover of the first edition. The cryptocurrency-manga bond is growing stronger. While manga-flavored token monacoin (MONA) was arguably the first major crypto-manga crossover, a new series of bitcoin (BTC)-themed comics is now the talk of the town in Japan. The new title is named Genesis Code, and is being serialized in manga magazine…
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Confidence that cryptocurrencies will still exist in 2030 is slightly increasing in Europe, with two-thirds of surveyed Europeans believing this to be the case, finds a new study by crypto exchange bitFlyer Europe. Italians believe in the crypto survival the most, and British the least. The exchange has just published the results of its yearly…
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