The Next Bitcoin Break Will Set The Stage For Weeks To Come

Bitcoin is exhibiting confusing price action currently, reeling from the slew of negative news but withstanding a fall back to retest lows. Eventually, the stalemate between bulls and bears will break, and an enormous decision-making move will result. Whichever way Bitcoin breaks next, one crypto analyst says, will set the trend and grand stage for …

Troubles for Bitcoin Grow as Analyst Spots “Potential Death Cross”

Bitcoin is on the verge of painting a Death Cross. The technical chart pattern–which forms after an asset’s short-term moving average closes below its long-term moving average–holds credibility for predicting bearish markets. In the stock market crash of 2008, for instance, many investors credited Death Cross for limiting their losses. The same scenario is now …

Announcing Carrot, A Platform For Earning Sats – Bitcoin Magazine

Of its many potential applications, bitcoin as a medium for rewarding microtasks is one of its most exciting. This implementation takes advantage of the technology’s natively digital qualities, its relative freedom from borders and its high divisibility. Now, with its public beta phase announced today, the sats-earning platform Carrot wants to realize this potential on …

The Great Plague Of Shitcoinery – Bitcoin Magazine

And the inescapable ravage of modern seigniorage… Originally, seigniorage, also spelled “seigneurage,” came from the Old French language, stemming from the right of the lord (seigneur) to mint money — profiting tremendously from money creation. It was a bygone prerogative of lords and the crown to extract a fee, the “brassage,” from the bullion brought …

Bitcoin and Crypto Market Analysis for the Week Gone By

Good afternoon, the S&P 500 rose steadily through the week to 3,348 by Friday evening as it recovered the ground lost last week. By contrast, the STOXX 600 and FTSE All-Share showed very little signs of life, ending the week much as they started it at 362 and 3,294, respectively. In crypto, bitcoin has continued to …