Bitcoin miner claims judge, prosecutor, targeted firm with noise laws
Bitcoin mining firm NewRays alleges that Judge Allen Dodson, prosecuting attorney Phil Murphy, selectively enforced noise legislation to target its business.
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Bitcoin whale clusters show these are the strong support levels
Since topping out at $19,484, Bitcoin price has struggled to reclaim the $17,000–$18,000 level. As the price continues to decline, traders are targeting key underlying support levels to determine where traders will buy if Bitcoin (BTC) price continues to fall. The immediate support levels based on whale clusters are $16,694, $16,411 and $16,064. Below the…
Bitcoin traders pinpoint support levels as BTC price taps $26.2K
It's all about the 200-week EMA and the area just below $26,000 if Bitcoin bulls are to stand a chance, BTC price analysis says. 299 Total views 2 Total shares Bitcoin (BTC) recovered its weekly close losses on Aug. 28 as risk assets rose on China tax cuts.BTC/USD 1-hour chart. Source: TradingViewBTC price 200-week EMA…
Bitcoin Hash Rate to Hit a Milestone 100 Quintillion for the First Time
Bitcoin (BTC) is aiming for a new network record as its hash rate is just inches away from hitting three figures.Bitcoin hash rate nearing 100 quintillionData from statistics and wallet provider Blockchain published on Sept. 8 shows that as of that date, Bitcoin’s hash rate has topped 94 quintillion hashes per second. Bitcoin network hash rate.…
Ethereum hits 8-month highs in BTC as money heads for ‘riskier’ altcoins
Ether (ETH) is worth more in Bitcoin (BTC) than at any time since the start of the year amid renewed appetite for altcoins.ETH/BTC 1-day candle chart (Binance). Source: TradingViewAltcoin market cap returns to $700 billioData from Cointelegraph Markets Pro and TradingView confirms that ETH/BTC has cleared key resistance to pass 0.08 BTC on Aug. 13.The move…
PayPal expanding crypto services to U.K. residents
CEO Dan Schulman said last week the company would add crypto buying, selling, and custody features to "Venmo and select international markets" in 2021. 2256 Total views 21 Total shares Residents of the United Kingdom will be the first people outside of the U.S. who are able to use PayPal for buying and selling crypto. According…
Bitcoin Price Slides to $8.5K as 200MA Resistance Keeps Bulls in Check
Bitcoin (BTC) dipped below $8,500 on Jan. 23 as traders’ expectations of a slow downtrend from recent highs appeared to slowly come true.Cryptocurrency market daily overview. Source: Coin360BTC returns to $8,400sData from Coin360 and Cointelegraph Markets showed BTC/USD reach lows of $8,480 overnight on Wednesday. At press time, Bitcoin hovered at around $8,505.The former level…
China’s Central Bank Wants to Speed Up Blockchain Adoption
Officials from the People’s Bank of China push to accelerate adoption of the country’s Fintech Development Plan. 777 Total views 26 Total shares The People’s Bank of China, or PBoC, Financial Technology Committee held its first meeting of the year this week. During the meeting, the central bank’s deputy governor, Fan Yifei, urged that the…
OlympusDAO developer launches protocol enabling one-to-one stablecoin swaps
Developer 'Ohmzeus' has launched a new protocol allowing stablecoins to swapped at fixed price of exactly one-to-one. 556 Total views 5 Total shares A developer working on DeFi darling OlympusDAO has launched a new protocol that seeks to facilitate stablecoin swaps without price curves.On Oct. 26, OlympusDAO developer “Ohmzeus” announced they had launched an experimental…