Bullish Bitcoin traders switch sides and target new BTC lows under $60K

Bitcoin (BTC) meandered into the weekly close on July 3 after weekend trading produced a brief wick below $18,800.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBollinger bands signal volatility dueData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it stuck to $19,000 rigidly for a third day running.The pair had gone light on volatility overall…

Bitcoin's 51.4% crash in March 2020 was the most horrific 24-hour black swan event in the digital asset's history. The recent price activity of the past week has probably resurrected similar emotions for investors who experienced the Black Thursday crash. Over the past week, Bitcoin's (BTC) price dropped 29% to reach a three-month low at $42,150.…

BitcoinIRA has partnered with digital asset lending firm Genesis Capital to offer investors the opportunity to earn interest on cryptocurrency and cash holdings. As an Oct. 21 press release notes, Los Angeles-based Bitcoin IRA has provided digital asset individual retirement account (IRA) solutions since 2016 and processed over $350 million in investments, onboarding 4,000 clients. Genesis Capital…

Interlay’s mission is to bring its interBTC product to all major blockchains, including Polkadot, Ethereum and Cosmos, according to founder and CEO Alexei Zamyatin. 616 Total views 6 Total shares Interlay, a Bitcoin (BTC) interoperability project that first launched on Polkadot, has concluded a $3 million seed round to further develop its flagship decentralized finance…

Lending has been around in some form for thousands of years — dating back to ancient civilizations where farmers would borrow seeds and use crops as repayment.The arrival of fiat currencies transformed the way economies were run back then. Indeed, you could argue that we’re seeing such a seismic shift now as cryptocurrencies become a…

Web server security service firm Cloudflare announced the launch of its Ethereum gateway in a blog post on June 19.Per the announcement, the gateway — which is part of the company's broader Distributed Web Gateway toolset — lets users “interact with the Ethereum network without installing any additional software.”The system purportedly allows one to access…

Bitcoiners have been using the excess heat produced by their mining rigs to stay warm this season. 1650 Total views 8 Total shares Bitcoiners mining cryptocurrency at home this winter have been staving off freezing temperatures by putting them to good use as heaters. According to the Wall Street Journal, crypto miners in France and…

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekThree reasons for the Bitcoin “halving dump” from $10,000 to $8,100We’re less…

Bitcoin holds its latest advances over the weekend, but there are plenty of arguments calling for a snap BTC price retracement.