Tag: BTC

‘Save Your Skin’ From Inflation With BTC, The Great Monetary Shift, and SHIB Burns — Bitcoin.com News Week in Review

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Another spicy week of crypto news heads into the weekend, with Mexico’s third-richest billionaire advising “save your skin” from hyperinflation by buying bitcoin, Shark Tank star Kevin O’Leary predicting that bitcoin mining will “save the world,” Bitcoin.com News noting eerie similarities between the current great monetary shift and the creation of the U.S. Federal Reserve, and SHIB achieving some notable burn statistics. Without further ado, this is your bite-sized digest of the week’s hottest crypto news, the Bitcoin.com News Week in Review. Buy Bitcoin, ‘Save Your Skin’ — Mexico’s Third…

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Mainly Unchanged to Start the Weekend

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Prices of ETH and BTC were mainly unchanged to start the weekend, as market activity slowed, mainly due to the Easter holiday. Price consolidation comes after a week of bearish pressure that sent the world’s two largest cryptocurrencies towards key support levels. Bitcoin Bitcoin was once again trading marginally above the $40,000 level on Saturday, as markets remained quiet as a result of the Easter break. BTC/USD rose to an intraday peak of $40,618.84 to start the weekend, following a low of $40,009.09 earlier in the session. Recent price consolidation…

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Biggest future BTC whale explains why Bitcoin was chosen for ‘decentralized Forex reserve’

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Bitcoin (BTC) is the collateral asset of choice for the world’s biggest decentralized stablecoin, and one of its top executives says there was no other. Speaking to Bloomberg on April 4, Do Kwon, co-founder of Blockchain protocol Terra, pledged to continue buying BTC to back the firm’s stablecoin, TerraUSD (UST). Kwon: BTC buys will continue “in perpetuity” Terra has made waves inside and outside the crypto community in recent weeks thanks to its massive Bitcoin buys. Currently at just over 30,000 BTC, the reserves of Terra nonprofit the Luna Foundation…

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An In-Depth Look at Satoshi Island — A Crypto-Centric Residential Community in Vanuatu Where Land Titles Are NFTs

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According to reports, there’s a 32 million square-foot island located in Vanuatu that’s in the midst of being constructed into a crypto-centric residential community by the island’s owners: Satoshi Island Holdings Limited. So far, more than 50,000 individuals have applied to live on Satoshi Island, and land rights will be minted in the form of non-fungible token (NFT) assets. After Construction Completes, Satoshi Island Aims to Be the ‘Crypto Capital of the World’ There’s an island located in Vanuatu, between Australia and Fiji, that’s currently being transformed into an island…

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81.79 ‘Sleeping Bitcoin’ From 2011 Worth $3.6M Moved for the First Time in Over a Decade

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As bitcoin has increased more than 5% in value against the U.S. dollar during the last week, in less than seven days, the 19,000,000th bitcoin will be mined into existence. Meanwhile, on Sunday morning, 81.79 bitcoin worth $3.65 million today and created in 2011, moved for the first time since sitting idle for more than 11 years. ‘Sleeping Bitcoin’ That Sat for Over a Decade Moved on Sunday, Data Shows 14 Spends from 2011 Occurred This Year On Sunday, March 27, 2022, the price of bitcoin (BTC) has increased 5.8%…

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Bitcoin, Ethereum Technical Analysis: ETH Reaches 1-Month High Above $3,000, as BTC Hits $43,000

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Ethereum rose to a one-month high above $3,000 on Tuesday, as the global cryptocurrency market place rose by nearly 4%. Bitcoin was also higher during today’s session, moving to its highest point in over three weeks. Bitcoin Bitcoin rose to its highest level in three weeks on Tuesday, as the world’s largest cryptocurrency climbed beyond the $43,000 level. Following a low of $40,850.91 during Monday’s session, BTC/USD rose to an intraday high of $43,389 during today’s session. This is the highest level BTC has traded since March 3, when prices…

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Bitcoin drifts into weekly close while Fed rate hike looms as next major BTC price trigger

[ad_1] Bitcoin (BTC) upped the volatility into the weekly close on March 13 as markets braced for geopolitical and macro economic cues. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Long-awaited Fed action set to come this week Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it again came close to testing $38,000 support during Sunday. The pair had seen a quiet end to the week on Wall Street, the weekend proving similarly calm as the status quo both within and outside crypto continued without surprises. Now, attention was already…

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Trader gives $44K BTC price target as Bitcoin shrugs off executive order ‘nothingburger’

[ad_1] Bitcoin (BTC) held onto swift gains at the Wall Street open on March 9 as nerves over U.S. regulatory moves calmed.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Executive order enters with a whimper Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $42,000 into the start of trading Wednesday. The pair had shrugged off the latest round of macro tensions to add over 11% in 24 hours, among the best movers in the broader crypto market. Despite mixed feelings over the real significance of the move among traders…

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BTC Consolidates, Following Turbulent Weekend of Trading – Market Updates Bitcoin News

[ad_1] Recent declines in the world’s two largest cryptocurrencies eased to start the week, as both seemed to have found their respective floors. Bitcoin consolidated losses during Monday’s session, while ETH continued to trade sideways. Bitcoin Following a drop to a one-week low below $38,000 on Sunday, the price of bitcoin rebounded to start the week, as a support point seems to have finally been found. BTC/USD fell to an intraday low of $37,577 earlier in today’s session, which was its lowest point since February 28, however prices have since…

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