Bitcoin News
Bitcoin’s Hourly Chart Signals Possible Bull Run Ahead
Bitcoin’s recovery has taken the shape of a bull flag on the hourly chart. A breakout could accelerate the recovery, perhaps bringing a re-test of $60,000. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitcoin Returns Above $58K as Momentum Improves
Bitcoin recovered some of its losses from the “Black Friday” shopping day when it declined by more than 8%, following news of a novel COVID-19 strain called Omicron. 3iQ Digital Assets President Chris Matta discusses the potential drivers moving prices higher as the cryptocurrency is trading over $58,000, up nearly 6% on the day.
Bitcoin Returns Above $58K as Momentum Improves
Buyers will need to clear $60K resistance to maintain an uptrend.
Expanding the Use Cases of NFTs, Bitcoin’s Blockchain
Hundreds of developers from around the world are building on Stacks, a network of decentralized apps (dapps) and smart contracts atop Bitcoin. But is it a good idea to expand the use of the Bitcoin network, such as minting NFTs?
Buying the Dip? Microstrategy, El Salvador Acquire More Bitcoin
While bitcoin’s price fell about 8% Friday around $54,237, MicroStrategy said it bought 7,002 bitcoins for about $414 million in cash during its fiscal fourth quarter. Similarly, El Salvador’s President Nayib Bukele said he bought 100 more bitcoins at “a discount” as broader markets tumbled on new COVID-19 variant fear.
Bitcoin and Prison Reform
BitcoinVegan CEO and "From Bars to Bitcoin" author Justin Rhedrick discusses how he personally overcame the economic setbacks of incarceration by discovering bitcoin as an opportunity for financial freedom and generational wealth. Galaxy Digital CEO and The Bail Project Board Chair Mike Novogratz also shares insights into the role of bitcoin in the U.S. criminal justice system.
What Is Cryptocurrency?
When Satoshi Nakamoto launched the Bitcoin protocol in January 2009, the first globally viable cryptocurrency had arrived.
The World Bitcoin Will Build
Fix the money, fix the world. The world’s first and largest decentralized monetary network could usher in a more vibrant and just society.
Bitcoin's Price Trajectory Ahead of Thanksgiving Weekend
CoinDesk's Galen Moore discusses what to make of bitcoin's price trajectory as the cryptocurrency is holding support above its 100-day moving average of $53,700. Plus, potential headwinds out of India amid talks of a bill banning cryptocurrencies in the country, and reactions to Salvadoran Ambassador to U.S. saying bitcoin challenges the U.S.' monetary authority.
