Bitcoin Price Looks to Defend $6K as Sell-Off Slows

news Federal Bureau of Investigation Director Christopher Wray says cryptocurrency is a “significant issue” that is likely to become a “bigger and bigger” problem for the law enforcement agency. Speaking in front of the U.S. Senate Homeland Security and Governmental Affairs Committee on Tuesday, Wray responded to questions from U.S. Senator Mitt Romney (R-UT) about…

news Telecommunications giant Huawei’s chief executive has said that the time is ripe for China’s government to preempt Facebook’s Libra. Speaking in an interview with Italian media outlet L’economia, CEO Ren Zhengfei remarked that China has the capability to pursue such an undertaking. He was asked a question about U.S. global hegemony and Facebook’s issuance…

ETH's price drops to lowest since January. A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain. Ether's (ETH) price cratered as a prominent crypto trading firm moved large amounts of ETH to centralized exchanges in preparation for potential liquidation. Ethereum's native token, the second-largest cryptocurrency by

Macron selected Barnier, who represented the European Union in negotiations over the U.K.'s exit from the trading bloc. Barnier replaces Gabriel Attal, whose centrist party lost the country's snap election in July. French President Emmanuel Macron named Michel Barnier as prime minister to replace Gabriel Attal after the country's snap election in July left no

That bitcoin (BTC) has likely found a bottom around $6,000 is now generally accepted, so the challenge for investors and traders is to spot the early signs of a long-awaited bullish reversal. Basic technical theory suggests that a bearish-to-bullish trend change is confirmed after the price invalidates a "lower highs" pattern – a series of…

Volcano Energy announced $1 billion in commitments to build a 241 megawatt (MW) bitcoin mine in the Metapán region of El Salvador, according to a Monday press release on Twitter. One of the investors is Tether, the issuer of stablecoin USDT, according to a separate press release shared with CoinDesk.The mining site will be powered…

Aug 15, 2020 at 12:00 UTCUpdated Aug 15, 2020 at 12:42 UTC(Stefan Steinbauer/Unsplash)Enterprises Would Use DeFi, if It Weren’t so PublicPaul Brody is a Principal and Global Blockchain Leader at EY. Decentralized finance (DeFi) services are booming, but there’s indication it’s recycling the same money around and around. To grow this market, enterprises need to…

Dec 11, 2019 at 12:22 UTCUpdated Dec 11, 2019 at 12:22 UTCBitcoin may soon see solid support from the 21-month exponential moving average (currently at $7,097). Repeated defense of the EMA could attract technical buying. The average had acted as strong support in the five months to October 2018.A UTC close above $7,870 is needed…

24H Low$131.4424H High$138.29PriceMarket Stats24H Average Transaction Feen/aReturnsNumber of TransactionsPrice PerformanceAverage Time Token is HeldTwitter SentimentSearch TrendsBitcoin CalculatorCrypto to FIATCrypto to CryptoLast Updated on 10/16/21 1:45 PM CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN…