Press Release: Bitcasino will use the Estonian satellite organization ESTCube-2 to send one Bitcoin into Space in 2023 29th August 2022, TALLINN, Estonia – The world’s first licensed Bitcoin-led casino operator, Bitcasino, has partnered with ESTCube-2 to send one bitcoin to space in 2023, giving all its players the chance to be a part of this groundbreaking experience. By playing all of their favorite games on the platform, Bitcasino is giving its players the chance of a lifetime to send their crypto assets to Earth’s outer orbit, becoming part of the satellite’s mission. Everyone can join Bitcasino on this adventure, with the cryptocurrency set to orbit the Earth until the end of the satellite’s lifetime, when it will then help fund the next ESTCube science project. The ESTCube Project … [Read More...]
On-Chain Data: Bitcoin Whales With 10k+ BTC Have Been Growing
On-chain data shows the number of Bitcoin holders with 10k+ BTC have grown recently, a sign of accumulation from whales. Number Of Bitcoin Whales Holding 10k Or More BTC Has Gone Up Recently As pointed out by an analyst in a CryptoQuant post, both the 1k+ and 10k+ BTC holders have observed some growth in recent weeks. Holders with 1k or more BTC are considered whales, and movement from them can have noticeable impacts on the Bitcoin market. The relevant indicator here looks at all wallets on the network to see how many own between 1k and 10k BTC and how many are holding more than 10k BTC. Now, here is a chart that shows how the holder count of these two Bitcoin whale groups have … [Read More...]
What Edward Snowden Thinks “Dragon Level” Wealth Will Do To Bitcoin
Former Central Intelligence Agency (CIA) computer consultant Edward Snowden talked in the Ethereal Virtual Summit 2021. The main subject, Privacy Coins, NFTs, decentralization and its relationship with freedom. A clip of the Summit was shared by Alex Gladstein, Chief Strategy Officer (CSO) for the Human Rights Foundation and Oslo Freedom Forum, via his Twitter account. The video sparked a debate around Bitcoin’s privacy failures. Snowden said that Bitcoin has failed in this category and its potential upgrade, Taproot, could even make it worse, contrary to popular belief. Gladstein called the clip “a disaster”, he was particularly against Snowden’s comments on Taproot and his classification of BTC’s Lightning Network as “shenanigans”. Gladstein said: Taproot is a privacy upgrade currently being activated which lays the … [Read More...]
Brazil approves Bitcoin ETF – SkyBridge files for its own
Brazil Securities and Exchange Commission (CVM) approved Latin America’s first Bitcoin Exchange Traded Fund (ETF). Requested by firm QR Asset Management, their Bitcoin ETF will trade under the ticker QBTC11 on exchange B3. This platform is the world second to launch a ETF backed by the cryptocurrency, after Canada greenlighted one in February. The QBTC11 will track Bitcoin’s price performance and will use Chicago Mercantile Exchange’s Bitcoin futures index and CF Benchmarks price as a reference. Upon the approval, QR Capital stated: QBTC11 places Brazil at the epicenter of state-of-the-art financial regulation. In addition to being the first 100% Bitcoin ETF in Latin America, QBTC11 is the fourth in the world and comes a few weeks after the launch of the … [Read More...]
Why Bitcoin Price Rally Could Extend To $60K, Uptrend Seems Intact
Bitcoin price gained bullish momentum above $50K and traded to a new all-time high at $57,500 against the US Dollar. BTC remains supported and it is likely eyeing a test of $60,000. Bitcoin climbed above the $50,000 resistance and traded to a new all-time high near USD 57,500. The price is trading nicely above the $55,000 level and the 100 simple moving average (4-hours). There is a key bullish trend line forming with support near $54,000 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is showing a lot of positive signs and the bulls seems to eyeing a test of $60,000. Bitcoin Price is Gaining Traction This past week, bitcoin price extended its rise above the key $50,000 … [Read More...]
Bitcoin Key Indicators Suggest A Strengthening Case For Rally To $25K
Bitcoin price extended its rise and traded above $24,000 against the US Dollar. BTC is currently correcting lower and it could find a strong support near $23,000 or $22,780. Bitcoin rallied further and it traded to a new all-time high above the $24,000 level. The price is now correcting below $23,500, but it is well above the 100 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $23,100 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely to find a strong buying interest near $23,000 or $22,780. Bitcoin Price Sets New ATH In the past few days, there was a steady rise in bitcoin price above the $20,000 resistance against the … [Read More...]
Why Bitcoin Price Looks Ready For Another Leg Over $19,500
Bitcoin price started a steady upward move from the $17,500 support zone against the US Dollar. BTC is currently attempting an upside break and it could rally above $19,000. Bitcoin is trading in a positive zone above the $18,500 and $18,200 support levels. The price is now facing hurdles near the $19,000 level, but it is above the 100 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $18,900 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could start a strong rally if there is a close above $18,900 and $19,000. Bitcoin Price is Attempting Upside Break After a steady decline, bitcoin price found support near the $17,500 zone against the US Dollar. The BTC/… [Read More...]
How Bitcoin Price Could Setup A Strong Surge Above $19.5K
Bitcoin price started a steady recovery from the $18,580 swing low against the US Dollar. BTC is currently attempting an upside break and it could rally above $19,500. Bitcoin is rising steadily above the $18,800 and $19,000 resistance levels. The price is now trading nicely above the $19,000 resistance and the 100 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $19,200 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could start a strong surge if there is a close above $19,200 and $19,300. Bitcoin Price is Attempting Upside Break This past week, bitcoin saw a couple of swing moves from the $19,500 resistance against the US Dollar. The BTC/USD pair even broke the … [Read More...]
Bitcoin Climbs 5%, Why $18.2K Holds The Key For More Upsides
Bitcoin price started a fresh increase from the $16,200 support zone against the US Dollar. BTC is up 5% and it is trading above $17,500, but facing a major resistance at $18k and $18.2k. Bitcoin started a fresh upward move above the $17,000 and $17,200 levels. The price is now trading nicely above the $17,500 resistance and the 100 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $17,200 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could revisit the $18,200 resistance, where the bears might put a strong fight. Bitcoin Price is Rising Steadily This past week, bitcoin saw a sharp downside correction below $18,000 and $17,200 against the US … [Read More...]
MoneyNext Summit Goes Virtual, Live Discussion Panel Starts August 18th, 2020
MoneyNext Summit Online is the leading virtual event to address the current financial landscape and offer insight and opinion into the future of money. MoneyNext Summit Online is a bigger and more complex version of Fintech Friday panel discussion, and is taking place from 18th to 21st August 2020. The event will assist fintech and tech professionals shape the future of money. MoneyNext Summit Online gives users access to over 30 hours of exceptional content across 4 days and a line-up of 180 speakers – fintechs and disruptors, technology decision makers to discuss, debate and challenge the latest industry trends and future innovations alongside an audience of 5000 people from tech giants and latest startups. The conference themes that will be in spotlight include Banking Transformation, Payments and Transfers, Blockchain, Open … [Read More...]
EzyStayz Joins Forces with DexOne to Launch New Tokens on Korean Exchange Foblgate
Bitcoin Press Release: The only Australian owned global holiday rental website “EzyStayz” has released their own cryptocurrency “EZY” which will be launching on the Korean exchange Foblgate on the 20th April at an introductory price of 0.005 USD. April 20th, 2020, Sydney, Australia – EzyStayz has 1 million listings in 205 countries around the globe, which include a whopping 80,000+ destinations worldwide and 1982+ hotel chains & boutique resorts. EzyStayz has enhanced its travel experience by introducing gaming elements to its product, offering a different marketing approach to customers, allowing them to play and win their accommodation booking for free. Listing on Foblgate The decision to launch on Foblgate was based on several factors. Foblgate is one of the largest exchanges in South Korea, a country that is responsible … [Read More...]
Bitcoin Restarts Uptrend But Hers’s Why 100 SMA Holds Key For Fresh Highs
Bitcoin found a strong support near $9,330 and started a fresh increase against the US Dollar. However, BTC must settle above the 100 SMA (4-hours) for a sustained upward move. After trading to a new weekly low at $9,336, bitcoin price started a fresh increase above $9,500. The price is now trading nicely above the $9,600 and $9,700 levels. There is a major bearish trend line forming with resistance near $10,080 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must climb above the 100 simple moving average (4-hours) and $10,080 to continue higher. Bitcoin is Still Facing Hurdles This past week, bitcoin failed once again to gain momentum above $10,300 and $10,500 against the US Dollar. As a result, BTC … [Read More...]
Bitcoin (BTC) Price Weekly Forecast: Decline Far From Over
There was a strong drop in bitcoin price below the $10,500 support against the US Dollar. The price is currently correcting losses, but it remains below key hurdles near $10,500. There is a bearish continuation pattern forming with support near $10,080 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely to resume its decline below the $10,000 and $9,800 support levels. Bitcoin price is trading in a downtrend below $10,500 and $10,800 against the US Dollar. BTC price remains at a risk of more losses below the $9,800 support area. Bitcoin Price Weekly Analysis (BTC) In the last weekly forecast, we discussed the chances of a strong decline in bitcoin price to $10,500 against the US Dollar. The BTC… [Read More...]
Bitcoin (BTC) Price Weekly Forecast: Approaching Next Crucial Break
There was a solid upside correction initiated from the $9,100 swing low against the US Dollar. The price gained traction after it broke the key $10,000 resistance area and traded towards $11,250. There was a break above a major bearish trend line with resistance at $10,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair tested a crucial resistance near $11,250 and it is currently correcting lower. Bitcoin price is showing positive signs above the $10,250 support against the US Dollar. However, BTC must break the $11,250 resistance zone to continue higher in the near term. Bitcoin Price Weekly Analysis (BTC) This past week, bitcoin price extended its decline below the $10,000 support against the US Dollar. The BTC/USD pair… [Read More...]
Bitcoin (BTC) Price Weekly Analysis: Trend Overwhelmingly Bullish To $4,200
Bitcoin price slowly moved higher and dips remained supported above $3,800 against the US Dollar. The price fell significantly recently, but buyers protected the $3,800 support area. There is a crucial ascending channel is in place with support at $3,830 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair remains in an uptrend and it is likely to accelerate above $4,000 and $4,100 in the near term. Bitcoin price is grinding higher with a positive bias above $3,800 against the US Dollar. BTC/USD buyers are in control and they seem to eye a test of the $4,200 resistance level. Bitcoin Price Analysis This past week, there was a steady rise from the $3,700 support area in bitcoin price against the… [Read More...]
Bitcoin Price Weekly Analysis: Cautiously Bullish BTC, $3,900 Presents Resistance
Bitcoin price corrected lower sharply after trading towards the $4,200 resistance against the US Dollar. The price declined below the $3,860 support area and tested the $3,620 support zone. There is a short term ascending channel or bear flag formed with resistance at $3,900 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could slowly move higher as long as it is above the $3,760 and $3,720 supports. Bitcoin price started consolidating losses below $3,860 against the US Dollar. BTC/USD could rise again as long as there is no daily close below the $3,720 support level in the near term. Bitcoin Price Analysis After a sharp rally above the $4,000 level, bitcoin price faced sellers near the $4,190-4,200 zone against… [Read More...]
Bitcoin Price Weekly Analysis: BTC’s Bullish Break Looks Real Towards $4,500
Bitcoin price extended gains and broke the $3,950 and $4,000 resistance levels against the US Dollar. The price traded to a new 2019 high above $4,100 and it could continue to rise in the near term. There was a break above a major triangle pattern with resistance near $3,950 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair traded above the $4,150 resistance and it could accelerate towards $4,250 and $4,400. Bitcoin price climbed higher sharply above the $4,000 barrier against the US Dollar. BTC/USD could correct a few points, but dips remain supported above $4,000 in the short term. Bitcoin Price Analysis This past week, we saw a lot of bullish moves above the $3,600 support in bitcoin price against… [Read More...]
Bitcoin Price Weekly Analysis: BTC Rebound Approaching Crucial Resistance
Bitcoin price formed a support base near $3,370 and recovered higher above $3,450 against the US Dollar. There was a break above a major contracting triangle with resistance at $3,440 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair seems to be approaching a couple of important resistances near $3,500 and $3,510. Bitcoin price is slowly moving higher with positive signs against the US Dollar. However, BTC/USD is now approaching a significant hurdle near the $3,500 resistance zone. Bitcoin Price Analysis This past week, bitcoin price remained in a bearish zone below the $3,500 resistance against the US Dollar. The BTC/USD pair tested the $3,375 support area on the couple of occasions and later bounced back. The pair moved… [Read More...]
Bitcoin Price Weekly Analysis: BTC Could Accelerate Gains Above $3,850
Bitcoin price formed a solid support near the $3,560 level and moved higher against the US Dollar. There is a crucial bearish trend line in place with resistance near $3,850 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move higher towards the $3,850 and $4,000 levels in the near term. Bitcoin price is showing positive signs above the $3,600 support against the US Dollar. BTC/USD could accelerate gains once there is a break above $3,800 and $3,850. Bitcoin Price Analysis This past week, bitcoin price dived below the $3,560 support level against the US Dollar. However, the BTC/USD pair found a strong buying interest near the $3,480 and $3,500 support levels. As a result, there… [Read More...]
Bitcoin Price Weekly Analysis: BTC Sellers In Control Below $3,600
Key Points Bitcoin price extended losses below the $4,000 and $3,600 supports against the US Dollar. There is a significant bearish trend line formed with resistance at $3,630 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is currently consolidating losses above $3,200, with resistances near $3,500 and $3,600. Bitcoin price is in a major downtrend below $4,000 against the US Dollar. BTC/USD may continue to struggle to recover above the $3,600-3,700 resistance zone. Bitcoin Price Analysis This past week, bitcoin price declined below the $4,000 support level against the US Dollar. The BTC/USD pair gained bearish momentum and traded below the $3,700 and $3,600 support levels. The decline was such that the price traded close to the $3,200 … [Read More...]