Bitcoin, Ethereum Technical Analysis: BTC Slips Below $40,000 yet Again, Following Brief Rebound on Tuesday 

Following a brief rally on Tuesday, BTC once again dropped below the $40,000 level during today's session. Wednesday's selloff has seen prices fall by as much as 4%, whilst ETH also declined by the same amount. Bitcoin The world's largest cryptocurrency moved lower on Wednesday, following a brief rally during yesterday's trading session. Following a

Timeline of Bitcoin, Ethereum

The landlocked African nation joins El Salvador as the second country to adopt bitcoin as a legal currency. The post Central African Republic adds bitcoin as legal currency: AFP appeared first on The Block.

Around USD 70bn is traded in the bitcoin (BTC) market every day, meaning that the market is too large for any single actor to manipulate, crypto hedge fund Pantera Capital's CEO Dan Morehead said, explaining his firm's strategy of focusing on altcoin investing.

Bitcoin price again dropped off $39,000 a couple of times when it attempted a ‘V-shaped' recovery from the recent losses. The bulls here are not attempting to push the price beyond $40,000 nor allowing it to drop below $38,500 for a long time. And hence it can be speculated that the BTC price may eventually …

The two New York-based companies previously worked together to launch Foundry's staking business. The post Bitcoin miner Foundry acquires web3 firm Upstate Interactive appeared first on The Block.

Fort Worth, Texas, has become the first US city to mine Bitcoin after three mining machines were donated to the city by the Texas Blockchain Council.  Fort Worth Starts BTC Mining The Bitcoin mining program was unanimously approved by the city councilors of Fort Worth on Tuesday.

With Bitcoin trading at $38,487.33 at press time, you'd think that investors would be sick of the king coin's seeming refusal to climb above the $40k mark – and stay there. However, a look at the data suggests this might not be the case.

Bitcoin price formed a base above the USD 38,000 level and recovered above the USD 38,700 level. It is currently (12:03 PM UTC) trading around USD 39,000 and is facing a strong resistance near USD 39,200. BTC is down almost 4% in a day and 6% in a week.

The crypto space just witnessed a sigh of relief as Bitcoin attempted to range beyond $39,000, but very quickly, the gains were slashed which dragged the price below again. This impacted the entire market and Ethereum is also facing tough times with the bears. They are trying to restrict the ETH price below $3900 but …

For the second quarter of 2012, the Human Rights Foundation's Bitcoin Development Fund distributed 500 million satoshis in grants. The receiving projects came from “Cuba, Turkey, Pakistan, Ghana, Venezuela, Burma, and beyond,” according to Chief Strategy Officer Alex Gladstein.

Bitcoin mining difficulty is expected to jump 4.51% to hit a record high of 29.50 T in the next few hours as adoption increases. The current difficulty on the entire Bitcoin network is 28.23 T and the hashrate is 219.65 EH/s.