BTC price 'breakdown confirmed?' 5 Things to know in Bitcoin this week

JP Morgan says that El Salvador's decision to adopt Bitcoin as legal tender is of little economic benefit. 1142 Total views 2 Total shares JPMorgan is the latest source to respond to El Salvador’s decision to adopt Bitcoin (BTC) as legal currency within the country.In a client note tweeted by @DocumentingBTC, the United States banking…

While Bitcoin (BTC) is showing strength through new higher highs and making a new yearly high, Ethereum's Ether (ETH) shows weakness, particularly the ETH/BTC pair.ETH weakness is also a clear indication that most altcoins are not showing strength either since they tend to reflect Ether's performance. The 0.03 sats level is a crucial barrier to hold…

The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin.Closely tied to the drop in the BTC price, Bitcoin mining profitability has been tanking since late 2021 and reached its lowest multi-month levels in early July 2022.According to data from crypto…

“We want to become the country of choice for those looking to create, innovate and build in the crypto space," said MP Richard Fuller. 233 Total views 11 Total shares Richard Fuller, the Economic Secretary to the Treasury, said the government wants the United Kingdom to be the “dominant global hub for crypto technologies.”In a…

When people began communicating with one another over a wired communication system, the internet, not long ago, it ushered in a revolution in the rate of user acceptance of the technology involved. Users could converse more readily anywhere and anytime when wired technology gave way to mobile technology. For example, smartphones are now bringing a flood…

London-based crypto-financial technology startup denied Sixgill’s claims that its database was stolen by hackers. 577 Total views 12 Total shares Plutus, a crypto finance app founded in 2015, denied social media reports that its database was compromised by a hacking attack launched by alleged threat actors.On July 9, Israel-based threat intelligence firm, Sixgill, published an…

A large Bitcoin (BTC) whale holding 68,000 BTC ($523 million), has not moved the funds for more than five years and on-chain data shows other whales have similarly held onto their BTC for 4.7 years on average.Although Bitcoin is the top ranked cryptocurrency on CoinMarketCap,  whales holding on to the digital asset without selling for…

Bitcoin (BTC) lingered around $8,400 on Sept. 26 as relative stability returned to markets after their tumultuous fall earlier in the week. Cryptocurrency market daily overview. Source: Coin360Bitcoin price ponders resistance at $8.5KData from Coin360 showed sideways behavior for BTC/USD on Thursday, with only a brief move to $8,600 disrupting the trend. 24-hour lows for the pair…

The solution recently joined forces with Etherscan to provide blockchain statistics to its native developers. 1380 Total views 27 Total shares Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApp) built on the Near protocol, has announced a $12-million debut funding round.The round included over 100 venture capital investors, including Pantera Capital…