$30K BTC price target stays valid as ‘boring’ Bitcoin heads into US jobs data
Bitcoin still lacks direction, traders agree, but both $25,000 and $30,000 remain as targets once conditions change. Go to Source Powered by WPeMatico
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Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase
On April 6, 2023, Bitcoin’s difficulty rose 2.23% higher at block height 784,224, touching another all-time high. It’s the fourth consecutive difficulty increase on the Bitcoin network since Feb. 24, and the protocol’s current difficulty is 47.89 trillion, which is only 2.11 trillion away from reaching the 50 trillion range. Bitcoin Difficulty Jumps 2.23% Higher … Read more
Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard
On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital … Read more
Bitcoin ‘faces headwinds’ as US money supply drops most since 1950s
Research from Bloomberg Intelligence argues that liquidity conditions still do not favor a continuation of the Bitcoin rally. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $28,000, as Markets Consolidate on Thursday
Bitcoin was once again trading below $28,000, as markets consolidated ahead of Friday’s non-farm payrolls report. Payrolls are expected to come in at 240,000 for last month, with the unemployment rate in the U.S. remaining at 3.6%. Ethereum was also lower today, following an eight-month high on Wednesday. Bitcoin Bitcoin (BTC) was once again trading … Read more
Bitcoin barely holds $28K as bulls see new rejection at key resistance
A fresh BTC price charge on liquidity around $30,000 ends in a return to a familiar Bitcoin trading range. Go to Source Powered by WPeMatico
Hidden Treasure: Every Modern Copy of macOS Contains a Copy of Bitcoin’s White Paper
On April 5, 2023, the independent blogger Andy Baio published a post on his Waxy Blog that explained every version of macOS from Mojave 10.14.0 to the current version hosts a copy of Satoshi Nakamoto’s seminal Bitcoin white paper. Mac users can type a simple command in the terminal, and all nine pages describing Nakamoto’s … Read more
Bitcoin white paper is apparently hiding in Apple’s modern macOS
Apple’s Mac devices have apparently been hiding Bitcoin’s whitepaper for up to five years. Go to Source Powered by WPeMatico
Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins
Nine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firm’s CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000 bitcoins, worth $3.97 billion. Microstrategy Buys Another Batch of Bitcoins Microstrategy has begun acquiring bitcoin (BTC) again, after purchasing 6,455 bitcoins … Read more
Bitcoin Creator Satoshi Nakamoto Turns 48 Today, Coinciding With the Anniversary of FDR’s US Gold Ban
According to the P2P Foundation forum, the mysterious creator of Bitcoin, Satoshi Nakamoto, has ostensibly turned 48 today on April 5, 2023. More than 14 years ago, Nakamoto introduced Bitcoin to the forum members, noting that the inventor “developed a new open-source P2P e-cash system called Bitcoin.” The Significance of April 5 in the History … Read more