Fx
Is the correction in bitcoin over? Watch out for the 'hammer' and bullish divergences
We do not have a return figure as such yet, but there are small details that invite optimism in bitcoin after a crash from the annual and all-time highs ($ 65,520).
Could bitcoin dip below 12,000? Bearish investors speculate
Everything that goes up has to go down. And bitcoin is proof of this. The leader of cryptocurrencies is suffering from the law of gravity and the million dollar question is whether or not it has hit bottom. If you are a bearish investor and you think it can fall more, for example, to $12,000, this is where you should invest.
Bitcoin rises eagerly despite UK ban on Binance
Bitcoin rose strongly this Monday (+ 5. 33%. $ 34,565), as did Ethereum (+ 8. 9%. $ 1,984), despite the fact that the UK financial regulator has announced that Binance, one of the world's largest cryptocurrency platforms, will not be able to conduct any regulated activity and has issued a warning to consumers about the platform, which is coming under increasing scrutiny globally.
Bitcoin's 'hammer' suggests market bottom
Since the important falls of the session on May 19, the dominance of bitcoin, or what is the same, its specific weight compared to the rest of the 'cryptos' continues to increase without making much noise. In other words, the falls in the rest of the 'cryptos' are even greater than in bitcoin.
Investors on the wagon: bitcoin can be worth up to $112,800 by 2022
Cryptocurrencies are a relatively new phenomenon, but it has consolidated its position in the market, with various phases of ups and downs. At the same time that new cryptocurrencies have been created, new currents have emerged in blockchain technology and, today, more and more people use cryptocurrencies as a form of payment or a trading instrument, despite its high volatility.
How much is bitcoin worth? This is what one of the largest investment banks says
It's the million dollar question: How much is bitcoin worth? The cryptocurrencies' leader has lost $1trn in market capitalization from 2. 5 trillion in early May, recalls the JP Morgan analyst team led by Nikolaos Panigirtzoglou.
New virus Crackonosh mines bitcoin from victims' computers
At this rate, bitcoin mining is on its way to becoming an Olympic sport. The cryptocurrency craze has sparked the imaginations of hackers, who have invented a virus called Crackonosh to use the power of an infected users's PC for crypto mining.
SEC approval of bitcoin and ETFs to be major catalysts in second semester
Since the big correction in May, investors in the cryptocurrency market have decided to hold on to any negative bitcoin news to unleash a new wave of sales in the world's largest digital currency. It is of little use that the support of institutional investors and governments such as El Salvador is increasing, which predicts a promising future for the creation of Satoshi Nakamoto, according to many analysts. On the other hand, vetos, regulations or if Elon Musk wakes up with the wrong foot, are reasons for panic.
'Bitcoin worth nothing', says analyst who predicted 2008 financial crisis
Nassim Taleb has once again charged against bitcoin. Author of 'Black Swan' and one of the men who predicted the 2008 global financial crisis, Taleb claims that the leader of the cryptos is worth nothing and there is no evidence to support the usefulness of blockchain.
Mining bitcoin easier and more profitable thanks to China's snub
China has been one of the great detractors of bitcoin, but what many do not know is that its snub can make its mining easier and even more profitable.
Bitcoin for 'the buy'? Volatility and transaction confirmations call it into question
Since El Salvador took the first step towards what in the crypto community is called 'bitcoinization' of the economy, thousands of experts and institutions have raised their eyebrows regarding the suitability of the creation of Satoshi Nakamoto to be used for such simple gestures as buying a loaf of bread or paying for breakfast. Many are the doubts that arise about the usefulness of bitcoin in shops of all kinds, from the supermarket to the hairdresser, despite the fact that since the decision of the Salvadoran Parliament of June 9 they are obliged to accept the cryptocurrency in any type of exchange of goods and services.
ECB insists digital euro will be 'an easy, cheap and risk-free complement'
Despite the fact that the decision on whether the eurozone will develop and launch a digital euro is still on a very distant horizon - three or four years ahead, according to the president of the European Central Bank (ECB), Christine Lagarde -, the supervisor European monetary policy is developing a theoretical and technological model on which the future currency could be based. And it must be "a complement and not a substitute" for the euro as we know it, said Mayte Arráez, deputy of the market infrastructure support division of the European Central Bank (ECB).
China’s ongoing crusade against bitcoin: ‘Negative in the short term’, but positive in the future?
The cryptocurrency market is stuck in a conflict between the seller panic caused by the latest news from China, where the country's government tightens restrictions on cryptocurrency businesses, from mining to buying and selling, and greater support of Wall Street investors. Digital currencies have suffered a new blow in the heat of the steps taken by the People's Bank of China to continue encouraging the exile of companies related to the crypto sector, but prominent members of the market remain upbeat and assure that it will be positive in the future.
Relief for bitcoin in Wednesday's rally after falling below $30,000
Bitcoin rebounds with joy this Wednesday, after on Tuesday, June 22, the creation of Satoshi Nakamoto experienced strong downward pressure that led the cryptocurrency to pierce the level of $30,000, for many considered a market floor. With the comeback, the popular crypto is up almost 6% and on its way to $ 35,000, far from the six-month low of $28,900 hit yesterday. However, volatility does not disappear in the crypto asset and experts warn that "the downward trends are still in control.
Bitcoin tumbles as China intensifies crackdown
Cryptocurrency prices tumbled on Monday after China intensified its crackdown on Bitcoin mining.
Musk suggests Tesla could accept Bitcoin again
Bitcoin firmed on Monday after Elon Musk indicated that Tesla could start accepting the cryptocurrency for purchases again if he can be sure that crypto miners are using more clean energy.