Auto Added by WPeMatico

Bitcoin Faces Sharp Rejection at $40K, Here’s the Level to Watch (BTC Price Analysis)

BTC’s price was unable to reclaim the significant psychological level of $40K and was rejected rather convincingly by the bears. Here are the next important levels to consider. Technical Analysis…

Continue ReadingBitcoin Faces Sharp Rejection at $40K, Here’s the Level to Watch (BTC Price Analysis)

Finland Intends to Donate Confiscated Bitcoin to Aid Ukraine (Report)

The Finish government will reportedly donate some of its seized bitcoin holdings to support Ukraine’s efforts in its war with Russia. Over the years, the Scandinavian country has confiscated nearly…

Continue ReadingFinland Intends to Donate Confiscated Bitcoin to Aid Ukraine (Report)

Bitcoin Eyes $40K, BAYC’s ApeCoin Soars 8% to New ATH (Market Watch)

After charting a new six-week low beneath $38,000, bitcoin reacted well and added almost $2,000 in 24 hours. A few altcoins have also recovered some ground following the latest correction,…

Continue ReadingBitcoin Eyes $40K, BAYC’s ApeCoin Soars 8% to New ATH (Market Watch)

Riot Blockchain To Build a Private Electricity Station For its Bitcoin Miners

Bitcoin mining is a very energy-intensive activity, but that won’t be a problem for Riot Blockchain Inc. This U.S. mining company decided to create its own electrical substation in Texas…

Continue ReadingRiot Blockchain To Build a Private Electricity Station For its Bitcoin Miners

El Salvador’s Bitcoin Adoption Is Yet to Capture the Local’s Interest (Study)

According to the American non-profit organization – the National Bureau of Economic Research (NBER) – the majority of El Salvadorans (60%) have not downloaded the Chivo Wallet (a feature that…

Continue ReadingEl Salvador’s Bitcoin Adoption Is Yet to Capture the Local’s Interest (Study)

Bitcoin is the Perfect Asset for Retirement, Says Michael Saylor

Following Fidelity’s move to offer Bitcoin as part of its retirement 401(k) accounts, MicroStrategy CEO Michael Saylor opined that the digital asset is a perfect fit for retirement, even better…

Continue ReadingBitcoin is the Perfect Asset for Retirement, Says Michael Saylor

Rollercoaster: Bitcoin Dumped to 6-Week Low, Dogecoin Plunges 12% (Market Watch)

Just a day after it soared above $40,000, bitcoin reversed its trajectory and dumped to a six-week low beneath $38,000. The altcoins are also deep in the red, with Dogecoin…

Continue ReadingRollercoaster: Bitcoin Dumped to 6-Week Low, Dogecoin Plunges 12% (Market Watch)

Texas’ Fort Worth Becomes the First US City that Mines Bitcoin

Fort Worth, in crypto-friendly Texas, will start mining bitcoin by using three Bitmain Antminer S9 mining rigs donated by the Texas Blockchain Council. The mayor believes the operational cost could…

Continue ReadingTexas’ Fort Worth Becomes the First US City that Mines Bitcoin

Bitcoin Less Volatile Than Tesla and Apple for the Past 2 Years, Claims Binance CEO

Changpeng Zhao – Chief Executive Officer of Binance – believes that bitcoin is less volatile than many stocks of tech giants, including Tesla and Apple. He also said the exchange…

Continue ReadingBitcoin Less Volatile Than Tesla and Apple for the Past 2 Years, Claims Binance CEO