Tag Archives: Bitcoin

The run-up in bitcoin‘s price witnessed during the final days of July is facing pressure from sellers looking to cash in their profit amid tensions over a proposed U.S. infrastructure bill’s language. The pullback from Saturday’s top of around $42,400 to current prices of around $39,500 is likely associated with uncertainty surrounding the bill, according to Daniel Kim, head of capital markets at Australia-based decentralized lending company Maple Finance. An earlier version of the bill… Source link

BeInCrypto – The fear and greed index has been updated to “greed” as bitcoin hits $42,600.  Bitcoin has seen a resurgence in price following twelve consecutive days of bullish momentum. Bitcoin has seen twelve days of green for the first time since February as it headed towards its previous all-time high.  However, following a dramatic decline to $29,000 in July, bitcoin has managed to climb nearly 45% in less than two weeks. Currently priced at $41,600 on Sunday, the fear and greed… Source link

(Bloomberg) — Bitcoin hit its highest level since mid-May and continues to build momentum. The largest cryptocurrency gained Sunday for an 11th day in the past 12 and traded up to $42,606, its highest since May 18. Market watchers have pointed to $40,000 as an important inflection point. It was up about 0.5% at $41,739 as of 6:13 a.m. New York time on Sunday. “A run like this certainly suggests some flow backing,” said Jonathan Cheesman, head of over-the-counter and institutional sales at… Source link

What happened: New data shows the difficulty of Bitcoin (CRYPTO: BTC) mining is on the upswing. According to data from BTC.com the level of difficulty to mine the cryptocurrency increased by 6% on Saturday. It’s the first increase in difficulty for Bitcoin miners since the digital currency began to crash in May, according to a report from Decrypt. Why it’s important: The rate of difficulty has plunged since peaking at a record high in mid-May. The level continued to decrease in June and… Source link

Variety What’s Coming to Disney Plus in August 2021 In August, Disney Plus is bringing new episodes of freshman series such as “Chip ‘n’ Dale,” “Monsters at Work” and “Turner & Hooch” to the streaming service. The streamer will also have some throwback movies like “Beverly Hills Chihuahua” series, “Mrs. Doubtfire,” “Aquamarine” and “Eragon.” The first-ever animated Marvel Cinematic Universe series, “What If?,” will […] Source link

Investopedia 6 Social Security Changes for 2021 Every October, the Social Security Administration (SSA) announces its annual changes to the Social Security program for the coming year. Below is our analysis of the Social Security changes that were announced in Oct. 2020 to take effect on Jan. 1, 2021, according to the SSA’s annual fact sheet. Keep them in mind when you update your Social Security information. For 2021, nearly 70 million Social Security recipients are seeing a 1.3%… Source link

Soon after bitcoin (BTC-USD) startled investors with a rare drop below $30,000 last week, the cryptocurrency has rebounded dramatically in recent days, rising well above $40,000.  The sudden bounce back has cheered bitcoin bulls but also underscored a concern among critics that the volatility of the most popular cryptocurrency makes it useless for the buying and selling of goods.  Pavan Sukhdev, the president of environmental advocacy group WWF International and a former managing director at… Source link

(Bloomberg) — A continuing recovery in Bitcoin has put the largest cryptocurrency on course for its longest winning streak this year. The virtual coin rose as much as 6.1% to top $40,000 and was trading at about $39,700 as of 8:15 a.m. in London on Wednesday. It’s advanced for eight straight days. Other coins including second-ranked Ether climbed, boosting the Bloomberg Galaxy Crypto Index. “The current momentum is strong” and $45,000 is in sight but a conclusive break above $50,000… Source link

Amazon founder Jeff Bezos. The e-commerce giant denied it was poised to accept bitcoin and other cryptocurencies. Photo: AP Photo/John Locher, File Bitcoin (BTC-USD) has fallen away from recent highs after Amazon (AMZN) denied a report that it was considering accepting cryptocurrencies as payment. Bitcoin and other cryptos rallied on Monday amid speculation that the e-commerce giant was poised to accept digital money. Amazon recently posted a job listing for a “Digital Currency and Blockchain… Source link

(Reuters) – Amazon.com Inc on Monday denied a media report saying the e-commerce giant was looking to accept bitcoin payments by the end of the year. The report https://bit.ly/3xb6orM from London’s City A.M. newspaper, citing an unnamed “insider”, sent the world’s biggest cryptocurrency up as much as 14.5% before it trimmed gains to last trade 6% higher at $37,684.04. “Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is… Source link