BITCOIN Archives - Page 121 of 127

June 17, 2021

Bitcoin Falls Amid Opposition from World Bank on El Salvador BTC Adoption

The World Bank has stated that it would not assist El Salvador in implementing Bitcoin as a recognized legal tender due to environmental and transparency concerns. In an interview with Reuters, a World Bank spokesperson noted that the institution’s commitment to assist El Salvador in implemen...

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June 16, 2021

Bitcoin (BTC/USD) Fluctuates Around $40,000 Level

Bitcoin Price Prediction – June 16It is recorded on the financial record book of Bitcoin versus the US Dollar again sees fluctuates around the $40,000 level. As of writing, price trades at the value of $38,847 at a percentage rate of about -2.92. BTC/USD Market Key Levels:Resistance levels: $45,000...

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June 15, 2021

Bitcoin Rebounds as MicroStrategy Doubles Down on BTC Investment

As Bitcoin (BTC) regains bullish momentum, MicroStrategy, led by one of Bitcoin’s most prominent supporters, Michael Saylor, has just sealed another senior secured notes offering to purchase more BTC. According to an official announcement yesterday, the investment company has completed a $500 milli...

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June 13, 2021

Bitcoin (BTC/USD) Price Holds Position at Lower Range-line

Bitcoin Price Prediction – June 13Over a couple of trading days’ sessions, the BTC/USD price holds position trading at a lower range-line until the present. At a rate of 0.18 percent, the crypto’s line is no trading around the level of $35,697. BTC/USD MarketKey Levels:Resistance levels: $40,000, $...

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June 13, 2021

Bitcoin Market Analysis: Market Stalls Following Weekend Slide

After suffering a plunge yesterday, Bitcoin (BTC) appears to have fallen into consolidation between $35k and $36k, as altcoins follow in a similar movement. The benchmark cryptocurrency began the weekend in an upbeat tone following the adoption news from El Salvador and hints from Paraguay, India, ...

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June 10, 2021

Bitcoin Rallies Amid Announcement of Mining Ban in Xinjiang

According to local reports in China, two Chinese provinces have placed a ban on Bitcoin (BTC) and crypto mining operations as the Chinese government seeks to cut down on its country’s carbon emissions. Miners in Shandong Economic and Technological Development Park, based in Changji Prefecture, Xinj...

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June 09, 2021

Bitcoin (BTC/USD) Breaks Down at Lower Range-line

Bitcoin Price Prediction – June 9The BTC/USD market operation that has been over a time, featuring between definite range-bound zones now breaks down at the lower range-line. The crypto’s valuation is currently traded around $32,750 at a minus rate of about 2.30 percent. BTC/USD Market Key Levels:R...

#BITCOIN #BTC/USD #Technical Analysis

June 08, 2021

Bitcoin Market Analysis: Market Crashes Following Consolidation

The cryptocurrency market continues to affirm its immensely volatile nature as Bitcoin (BTC) and the altcoin sector suffered a massive crash over the past 24 hours. This crash comes following a protracted period of consolidation in the market. Given that Bitcoin finds it hard to stay still for too ...

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June 06, 2021

Bitcoin Market Analysis: Square Announces Bitcoin-related Project Plans

Jack Dorsey’s Square Inc has announced that it has two Bitcoin (BTC) projects lined up on the horizon. The first involves the company investing $5 million in a solar-powered Bitcoin mining facility. To conduct this task, Square has partnered with Blockstream Mining, a Canadian blockchain-based tech...

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