Bitcoin 30% correction in play ahead of $100K BTC rally — Analysts

A new bill set to be introduced in Congress aims to formalize President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve, a move that could further integrate Bitcoin into the nation’s financial strategy. Trump signed an executive order on March 7 to use Bitcoin (BTC) seized in government criminal cases to establish a

Buyer support and macro headwinds are in Bitcoin's favor as a giant sell wall is all that stops BTC/USD from reclaiming $50,000. 2186 Total views 141 Total shares Bitcoin (BTC) challenged $46,800 on Aug. 11 as a weakening U.S. dollar added to bullish momentum.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Aiming for $50,000"?Data from Cointelegraph Markets…

The Australian mining firm has had to unplug hardware that was producing "insufficient cash flow" to service its "debt financing obligations." 524 Total views 4 Total shares Australian Bitcoin mining firm Iris Energy is the latest to suffer from the squeeze of the crypto bear market, losing a significant chunk of its mining power after…

After Bitcoin Magazine’s YouTube channel was temporarily shut down without prior warning, the livestream’s hosts suggested that mentions of “Kazakhstan” may have been flagged by the platform’s algorithm. 1015 Total views 16 Total shares Bitcoin Magazine’s YouTube channel was restored around three hours after being shut down, with the publication attributing the short ban to…

Authorities in Iran have confiscated about 1,000 units of bitcoin (BTC) mining machines from two now-defunct factories, BBC reported on June 28As reported, local authorities noticed a surge in electricity consumption by 7% earlier in June and linked it to cryptocurrency mining activities. Officials subsequently discovered and removed the mining hardware from two former factories. Arash…

Integration with payment processor Simplex means Opera browser users now have another route from fiat into crypto. 1766 Total views 17 Total shares Users of the Opera browser will now be able to purchase cryptocurrencies from directly within the web application following a partnership with Simplex. Founded in 2014, Simplex is an European Union-licensed fintech…

The cryptocurrency space has no shortage of skeptics. While many people criticize the environmental impact of proof-of-work blockchains or the proliferation of scams, one particular argument against crypto often stands out: Blockchain has no real use cases. Every two weeks, Cointelegraph’s The Agenda podcast breaks down this critique and explores the various ways blockchain and crypto…

The bullish outlook appears as the Russian central bank imposes stricter capital controls on its citizens, including a ban on using rubles to buy the U.S. dollar. Bitcoin (BTC) has declined by around 30% after topping out at 5.8 million rubles a token on March 9. Nonetheless, the said drop could be an excuse for…

The Japanese joint venture will focus on ETFs and other “emerging asset classes,” including digital assets and cryptocurrency.