BTC

Reports indicate that a Chinese crypto whale is sweating over the loss of $ 45 Million worth of BTC and BHC. A whale going by the username Zhoujianfu made frantic appeals for help in recovering the stolen funds. Through a "BTC” subreddit posting Zhoujianfu informed the community of the heist promising a huge reward for assistance in getting the funds back. An extract from the post reads: This] is my address, goddamnit. [The transactions] only [have] 3 confirmations, if any…

BTC/USD price kept above the $9,350 support. Although the price is currently recovering, it needs to push past $9,825 to initiate a substantial upside. After closing below $9.5k, the price moved further beneath the $9.4k level. However, it later stabilized over the $9,340 and $9,350 marks, forming a swing low close to $9,344 before heading into recovery. Again, studying the pair's hourly chart shows a surge over a contracting triangle whose barrier is about $9,665. Presently, the pair has settled…

Twitter and Square Crypto founder, Jack Dorsey held conversations with Africa's and Hong Kong's internet leading lights. Their deliberations centered on the adoption of Bitcoin in the two regions. Mr. Dorsey provided a snapshot of the conference call he held with Dr. Nii Quaynor and Pindar Wong. Dr. Quaynor and Mr. Wong have track records in establishing and developing internet programs in Africa and Hong Kong respectively. Push For Bitcoin Adoption Jack Dorsey has been a strong Bitcoin proponent. He…

The performance of the BTC/USD pair is thriving in a way that its price started increasing sharply over $9.8k and $10k. The ongoing consolidation could soon see the price rally over $10.2k for an immediate bullish wave. On the previous day, BTC attained a fresh weekly low at $9,483. An upside move began later over barriers at $9.7k and $9.8k. The buyers successfully built momentum over a connecting declining trend line, $10k, and the 100 hourly SMA. Hence, the price…

Bitcoin's rapid growth has indeed been something of great wonder. In recent times, the coin has gained increased usability, evidenced by increased transactions-nearly 270 000 transactions per day with an increased number of online merchants who offer the ability to pay using Bitcoin.  While Bitcoin's transactions have often been described as anonymous, the coin isn't entirely anonymous. Yes, Bitcoin transactions are recorded and made public but are linked only with an electronic address. This, therefore, means that whatever you purchase…

The price of BTC/USD is yet to surpass the $10.2k mark.  Since the pair experienced a massive decline under $9.8k,  it is debatable to say there might be a risk of retracement. On the previous day, a notation was made regarding the crucial barrier zone which currently stands at $10.2k. There were two trials to surge past barriers at $10.2k and $10.3k. However, several hurdles saw buyers fail to gain momentum over $10.2k. The pair was vaguely successful in forming…

The race to launch a CBDC among central banks worldwide is perpetually picking up as its development is ongoing in nations like Singapore, while China buckles up for its launch within 202o. However, people's focus is set on the US Federal reserve's potential to release a CBDC backed by the favored currency, USD. In recent times, reports have it that the Head of Blockchain technology said that the company would not release its JPM Coin if the Federal Reserve released…

The BTC/USD price recently fell to the weekly low at $9,483 but later increased to around $9.7k. However, this price recovery is still under immense barriers at $9,950 and $10k.  A day earlier, the price plummeted highly, even going below the 9.6k support level. It further dropped under the $9.5k(the then weekly low) but settled well under the 100 SMA.  Afterward, this price continued to drop, hitting $9,483, and surged fast to $9.5k and $9.6k levels. There was a significant…

It has been all smiles and laughs for the crypto community in the last two weeks. Bitcoin has been hovering in the $10 000 marks, a rise that has caused a domino effect to altcoins as their prices increase significantly.  However, this past week (9th-15th Feb), Crypto prices have experienced intense volatility, defying almost all prominent analysts’ predictions.  Take a look at the nitty-gritty details that have been shaping up the crypto markets in the past week. While in that…