BTC News

As banks begin to restrict how customers can withdraw their cash, Bitcoin provides the solution for sovereign money Keeping cash in the bank is branded as the safest way to store money, but banks across the globe are persistently increasing limits and roadblocks for cash withdrawals, in what seems to be an effort to forcibly prevent customers from withdrawing their …

The recent discovery of 83 tons of counterfeit gold brings into perspective Bitcoin’s advantage in that it cannot be falsified Bitcoin is often called ‘Digital Gold’ since it has similar properties to gold such as being a safe haven asset and being a scarce and highly coveted commodity. However, Bitcoin is perhaps even better than gold, since it cannot be …

Could Hong Kong’s new security law giving China full control over the territory’s judicial system lead to fresh demand for Bitcoin? Hong Kong’s worst nightmares have become a reality with the passage of the new Hong Kong ‘security law’, which gives China full authority over the territory’s judicial system, effectively ending its sovereignty. This is terrible news for the Special …

The Bitcoin halving has not yet led to major market movements, and indeed the digital asset has been steadily traded between USD 8,700 and USD 10,000 since the halving happened. However, the halving did cause major movements in the mining sector, starting with an epic crash in hash rate which raised speculation that the mining sector would be stuck in …

Satoshi Nakamoto is the pseudonymous creator of Bitcoin, and they mysteriously disappeared soon after launching Bitcoin. Due to the popularity of Bitcoin, and the fact that Satoshi mined over one million Bitcoins before disappearing, the crypto space has long been trying to figure out the true identity of Satoshi. Now Escobar Inc. is saying that they know exactly who Satoshi …

Sellers failed to fix below $9600 and continue to fall to $9000. The price is traded above the upper trend line of the triangle. The basic scenario of the growth continuation to $10,500-11,000 remains in force. Yesterday, sellers made an attempt to push the price lower on Bitcoin market, fixing it under the mark $9600. However, Bitcoin price closed above …

Sellers managed to close the daily candle below $9700. The critical point of buyers remains at $9400. Fixing above $9700-9800, we will expect a new attempt to break $10,500 with a probable continuation of growth to $11,000. During yesterday’s trading on Bitcoin market, sellers managed to remind again for their presence, lowering the price to $9620. The daily candle closed …

Buyers closed yesterday’s daily candle above $9700. Closing today’s candle above $ 9800, we expect a test of $10,300-10500 by the end of the week. The critical point for buyers continues to be in the mark $9400. Yesterday the price in Bitcoin market continued to move in the local growth channel. Buyers continue to recover their positions after a sharp …

The growth of Bitcoin price during 3 June was 2%. The decrease of volumes and volatility indicates the formation of consolidation in the range $9440-9700. Fixed below $9400, sellers will continue the price fall to $9000. Yesterday on Bitcoin market, buyers tried to regain their positions after a sharp price fall from the mark $10,400. During the day Bitcoin price …

Sellers sharply responded to the growth to $10,400 with a local low $9150. The critical point for buyers is the mark $9000. Fixed below $9000, sellers will have the prospect of the fall continuation to $6900-7000. Yesterday’s trading in Bitcoin market quite sharply reminded us that we should not forget about sellers. During the day, Bitcoin price fell by almost …