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This key Bitcoin price indicator shows pro traders buying each dip

Bitcoin (BTC) might have failed to sustain the $42,000 support, and for many, this is a slightly bearish sign. Interestingly, the downward move occurred shortly after Saudi Aramco, KSA’s largest oil exporter, denied claiming to start mining Bitcoin. Top traders at exchanges seized the opportunity to add leverage-long positions, a clear bullishness indicator. Furthermore, margin …

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On-Chain Data Shows Bitcoin Daily Transaction Volumes Are Up 94%, Rally Might Not Be Over Just Yet

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Visit the original article* https://www.newsbtc.com/wp-content/uploads/2021/08/btc-460×306.jpeg Bitcoin has recently lost momentum following the rally that occurred over the past week. The digital asset had seen gains of over 20% while the entire market followed suit and showed massive gains all across the board. Bitcoin had spent 9 consecutive days closing in the green for the first …

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Investor excitement as Ethereum’s London Hard Fork looms – CoinMetro Blog

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The forthcoming London Hard Fork, which is due on Thursday August 4 under the codename EIP-1559, EIP standing for Ethereum Improvement Protocol. This is an exciting upgrade, largely because it will begin to ‘burn’ Ethereum coins, but mainly because it will change the way in which miners are remunerated, which is a very interesting point, …

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An Effort by the Government to Meet its Monetary Goals- Chainalysis Report

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The annual spring rains have brought plentiful changes in China this year. The Chinese Communist Party, CCP has declared a war on cryptocurrencies and stands in the process of banning them countrywide. While the dynamic emerges puzzling at first, evidence suggests that the CCP understands the power of cryptocurrency and blockchain technology, and wants to …

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Alchemy Pay (ACH) and Rai Reflex Index (RAI) are now available on Coinbase

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Starting today, Alchemy Pay (ACH) and Rai Reflex Index (RAI) are available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store ACH and RAI in most Coinbase-supported regions, with certain exceptions indicated in each asset page here. Trading for these assets is also supported on …

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LocalBitcoins Reduce Fees To Zero

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Bitcoin exchange LocalBitcoins has announced that deposit fees and transaction fees between wallets in the platform are now free. Launched in 2012, the platform doesn’t touch fiat currency itself; users can transact with each other leveraging the platform that only intermediates the process – introducing sellers to interested buyers. Initially, LocalBitcoins became very popular because …

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Selfish mining attack: Probability of block being mined - CS251 exam question

Did Satoshi make any kind of “farewell speech” before leaving?

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Did Satoshi make any kind of “farewell speech” before leaving? No As I understand it, Satoshi has not posted anything online for many years now. Exactly when the last time was is apparently fuzzy. Did he really just stop posting/discussing one day? It seems like such an odd behaviour if it really was like that. …

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Why this ‘Ethereum killer’ may be far from competing, let alone killing

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Justin Sun launched Tron amid much anticipation from many in the community, partly thanks to his “unusual” marketing methods. In fact, over the past few years, Tron has also been characterized as being “shilled.” Right now, however, the project that was once touted as an “Ethereum killer” remains on the periphery of the crypto-space. Ranging …

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Why Bitcoin Is Intelligent With Aleks Svetski

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Visit the original article* http://bitcoinmagazine.com/.image/c_limit,cs_srgb,h_1200,q_auto:good,w_1200/MTgyODk0MDY2ODgxNTM3NDQz/bitcoinmagazine-podcasttemp-yt-svetski.png Aleks Svetski discussed his “Intelligent Guide To Bitcoin” and the misunderstandings about BTC that are often perpetuated. Watch This Episode On YouTube Listen To This Episode: Many in the traditional financial space, government and academia have long dismissed Bitcoin as a silly toy for criminals and predicted that its price …

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Trend Line Touch Could Send Bitcoin On A Tear

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Popular Bitcoin model Stock-to-Flow (S2F) shows BTC has touched a trend line that has historically sent the crypto flying. Bitcoin Touches S2F Deflection Trend Line As pointed out by a crypto analyst on Twitter, BTC seems to have just touched a lower S2F deflection trend line. The S2F or Stock-to-flow Bitcoin model helps in predicting …

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