Bitcoin News

After joining Ripple’s board of directors in May, Rosa Rios is bashing Bitcoin for being a supposed speculative tool.

Things will get exciting in quarter four, but not before a convincing floor is put in across crypto, analysts say this week.

Banking mogul Jamie Dimon has been a notorious detractor of Bitcoin since 2017, in contrast to his firm’s overt desire to capitalize from the ecosystem’s growth.

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Launched in China in 2018, SparkPool controls over 22% of Ether’s hash rate as of Monday, second only to Ethermine.

Before, it was all about crypto prices. But now, the media is “starting to explore the benefits of public blockchains and decentralization.”

The flagship cryptocurrency closed the previous week below its 21-week exponential moving average for the 19th time in history, triggering additional selloff risks.

Bitcoin needs to hold $42,000 or it risks sliding as low as $32,000, according to crypto trader Eric Krown.

Bitcoin and most major altcoins have recovered from last week’s sell-off, but they are still facing selling at higher levels, suggesting that the market could remain range-bound for a few days.

If the United States is still not ready for central bank digital currency, it will stay on the sidelines of tech and financial innovations.