Bitcoin Declines; Approaching Lower Support at $42K
Bitcoin will need to remain above $40,000-$42,000 in order to resume the uptrend towards $50,000-$55,000.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/6IZNQ6VXTBE6JFBOEDJZML7D4M.png)
Sponsored
Aug 19, 2021 at 11:28 a.m. UTC
Aug 19, 2021
Bitcoin
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/HSYKTQNC7FFKDIDTSZAHQVCBUQ.jpg)
Bitcoin Little Changed Above $44K Despite Hack of Japan's Liquid Exchange
"We still have support at $44,000 and $42,000, which is the line in the sand for short-term momentum," one investment officer said.
Sponsored
Aug 19, 2021 at 8:06 a.m. UTC
Aug 19, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/CD6T7OY63VB27GAHF3EY5TJWWE.jpg)
Bitcoin Use Will Be 'Totally Optional' in El Salvador, Finance Minister Says
According to Alejandro Zelaya, businesses will not be penalized if they do not accept bitcoin.
Sponsored
Aug 18, 2021 at 9:22 p.m. UTC
Aug 18, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/4GRJSMAEEVGCTBHKXU3HDVK3KY.png)
Market Wrap: Bitcoin Trades Sideways as Institutional Demand Expected to Rise
Bitcoin and other cryptocurrencies are consolidating near recent highs.
Sponsored
Aug 18, 2021 at 8:36 p.m. UTC
Aug 18, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/KKVPN4LF5JDYFPS53AGXVMV67M.jpg)
Bitcoin Lightning Network Growth Passes New Milestones
However, only about 58% of nodes are operating channels and earning yield.
Sponsored
Aug 18, 2021 at 5:06 p.m. UTC
Aug 18, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/TYL6YFNSFREVBLAN4JPYQBUV5Q.jpg)
How Much Energy Does Bitcoin Use?
Bitcoin uses less than half the energy the banking system consumes, according to recent data.
Sponsored
Aug 18, 2021 at 2:34 p.m. UTC
Aug 18, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/7LDBZ3A3B5AORBTO7L5OEIKG5Y.png)
Bitcoin Holds Support Near $43K as Rally Pauses
The cryptocurrency is down 3% in the last 24 hours.
Sponsored
Aug 18, 2021 at 11:20 a.m. UTC
Aug 18, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/KAI4PZQRYZCJTNT3DBHAVXAYGU.jpg)
Bitcoin Price Rebounds After Testing Lower Support Near $44K as Ether Booms
Bitcoin continues to cool on multiple attempts at $50,000, though that may be less of a concern given demand from bigger players.
Sponsored
Aug 18, 2021 at 5:18 a.m. UTC
Aug 18, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/65GCYP2GPNCC3OHCJCTCEVZ7TM.png)
Market Wrap: Bitcoin Buyers Could Take Profits as Volume Declines
Some analysts are optimistic about the long-term recovery in crypto prices, although the pace of the upside will likely slow over the short term.
Sponsored
Aug 17, 2021 at 8:25 p.m. UTC
Aug 17, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/2BEUCDM2JRDMXEWINC5PJ6UA3U.png)
Bitcoin Rangebound Near $50K Resistance; Support at $40K
BTC is trading around the 200-day moving average and will need to break out of a short-term range to resume the uptrend.
Sponsored
Aug 17, 2021 at 11:11 a.m. UTC
Aug 17, 2021