Is excessive bullish optimism behind Bitcoin’s drop below $60K?

Bitcoin (BTC) has a long history of forming local tops when events that are anticipated by the market occur. The recent Bitcoin exchange-traded fund (ETF) launch on Oct. 19 was no different and led to a 53% monthly rally to an all-time high at $67,000. Now that the price has briefly fallen below $60,000, investors …

Bitcoin Price Prediction: Crucial Pattern Spells Doom, $56K Vital For BTC

Bitcoin price action looks scary as it spells out a double-top pattern on the daily chart. The largest cryptocurrency is now exposed to a downside target of $56, 000. IntoTheBlock’s IOMAP model suggests that the BTC is sitting on strong support around the $56,000 support zone. Bitcoin price is currently exchanging hands 9% lower than …

Bitcoin Price Prediction: BTC/USD May Cross Above $62,000 Level

Bitcoin Price Prediction – October 23 The Bitcoin price prediction shows BTC bulls moving against the USD at numerous levels which almost touched $62,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $68,000, $70,000, $72,000 Support Levels: $54,000, $52,000, $50,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD may be resuming its upward …

Bitcoin (BTC) Price Prediction: BTC/USD Resumes Uptrend as Bitcoin Recovers Above $60k

BTC/USD Declines as Bitcoin Recovers Above $60k- October 23, 2021 On October 20,BTC/USD – Daily Chart Buy Bitcoin Now Following the retracement on October 20, the selling pressure has subsided as Bitcoin makes the upward correction. The recent downtrend lasted for three days as BTC price was making a series of lower highs and lower …

Google Report Exposes Russian Hackers using YouTube to Promote Crypto Scams

Google Threat Analysis Group has discovered a series of phishing campaigns that target YouTubers using Cookie Theft Malware. The report states that this group was able to halt these phishing campaigns successfully. According to the report, the threat actors who launched this campaign are affiliated with a Russian-speaking forum. The threat actors lured victims into …

Survey shows the Elderly Population in the US is the Least Interested in Crypto

Cryptocurrency investments continue to be popular among the young population. A recent survey by Bakkt showed that 40% of young Americans are confident about cryptocurrency investments. The survey also showed that 32% of the respondents who were yet to make any cryptocurrency investment were interested, showing that the number of young people investing in crypto …

3 Million User Email Addresses on CoinMarketCap Leaked on Hacking Forums

CoinMarketCap was reportedly breached, and around 3.1 million user email addresses were exposed online. The price-tracking website has confirmed this breach but has stated that it is looking at the origin of the breach. Details of this breach were exposed after the hacked email addresses were located on multiple hacking forums, where the data was …

Shiba Inu Price at $0.00003940 after 40.6% Gains – How to Buy SHIB

Shiba Inu is among the trending coins during the past 24 hours. The meme coin has defied all odds and has been performing well despite consolidation in the broader market. Following its gains, Shiba Inu has reached new all-time highs, and the uptrend is not showing any signs of exhaustion. Shiba Inu is trading at …

Report: Almost half of all crypto wallets are connected to games

Naturally, when our worlds closed off to the outside during the pandemic many people turned to the world of gaming and there has been a huge surge in public interest. The BGA Blockchain Gaming Report notes that almost half of all crypto wallets are connected to games. According to the report, the blockchain industry registered …

An African Blockchain Enthusiast Launches Expedition That Seeks to Highlight East Africa’s Potential

While the African continent is generally viewed as one of the most ideally placed to embrace and fully exploit the blockchain, the reality on the ground suggests otherwise. The East Africa Blockchain Expedition As Adedayo Adebajo, the managing director of Jelurida Africa and a blockchain enthusiast told Bitcoin.com News, much of the focus in terms …

Adshares.net web3 Marketing Protocol Aims for Metaverse Ads

press release PRESS RELEASE. Adshares ($ADS) decentralized network working since 2017, created the possibility to connect Publishers and Advertisers directly with the use of blockchain and allows them to sign advertising contracts without intermediaries. The Adshares team is constantly putting in a lot of effort to grow their ecosystem which shows that Adshares is considered …

Bitcoin Hashrate Increases 32% in 3 Months, Stealth Miners Command 12% of BTC’s Hashpower

Bitcoin’s hashrate has been increasing a great deal during the last three months, as it’s increased more than 32% from 103 exahash per second (EH/s) on July 25 to today’s 137 EH/s, with a few highs in between around the 189 EH/s mark. Bitcoin’s price spike has pushed the hashrate higher and in a week’s …

Beijing Presses Fast-Food Chain McDonald’s to Support Digital Yuan — China’s CBDC Expected to Launch in February

According to a recent report, Beijing is pressing the fast-food retail chain McDonald’s to support the digital yuan before the Winter Olympics in China scheduled for February 2022. The report notes that China is also pushing companies like Visa and Nike to join in on the central bank digital currency (CBDC) rollout. Chinese Government Pushes …

The Real Opportunity for Bitcoin and Crypto Will Come From This Group of Investors, Says Shark Tank Star Kevin O’Leary

Shark Tank investor Kevin O’Leary says that a group of investors could transform Bitcoin (BTC) and the crypto markets when they decide to allocate capital to the space. In a new interview with Bitcoin bull Anthony Pompliano on The Best Business Show, the celebrity investor says that there will be a massive opportunity for crypto …

Hedge Fund Billionaire Paul Tudor Jones Says Gold Losing the Race Against Crypto As Inflation Hedge

Hedge fund billionaire Paul Tudor Jones says that crypto is currently his preferred way of hedging against inflation. In a new interview with CNBC, Jones says that crypto has acted as a great hedge as of late and is winning the race against gold. ADVERTISEMENT   “Crypto has been a great hedge… I said then, …

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