As the clock turned to 2024, bitcoin’s price danced between $ 42,094 and $ 42,781 per unit. On Jan. 1, amid the holiday’s quiet, bitcoin’s current technical indicators offer a mixed bag of signals, setting a contemplative stage for the year ahead. Bitcoin Jan. 1, 2024, saw bitcoin (BTC) with a modest 24-hour …
Bitcoin Technical Analysis: A Lull in Bullish Activity as BTC Enters Consolidation
As bitcoin stabilizes near $ 43,654, its market dynamics reveal a mixture of optimism and caution. Oscillators are currently in a neutral to bearish state, and moving averages are indicating a robust buying trend, creating a complex scenario for investors. Bitcoin Presently, bitcoin’s price steadies at $ 43,654, fluctuating between $ 43,049 …
Bitcoin Technical Analysis: BTC Enters a Steady Range-Bound Consolidation Phase
As bitcoin hovers around $ 36,209, the cryptocurrency market braces for potential shifts. The day prior, BTC slid to a low of $ 35,109 per coin but has since managed to rebound back above the $ 36K range. Bitcoin’s market volatility intensified following the release of the consumer price index (CPI), a …
Digital Euro Enters ‘Preparation Phase’ — ECB Says ‘Digital Euro Would Make Data Protection a Priority’
The European Central Bank (ECB) has decided to move its digital euro project to the next phase after two years of investigation. The “preparation phase” of the digital euro will involve “finalizing the digital euro rulebook and selecting providers that could develop a digital euro platform and infrastructure.” Digital Euro Proceeds to ‘Preparation Phase’ The […]
WordPress.com Enters the Fediverse with ActivityPub Support
WordPress.com added support for ActivityPub today, a decentralized social networking protocol that is now available for across free and paid plans. This allows users to join the fediverse from their WordPress.com sites, and interact with content across federated platforms like Mastodon (and many others) with replies automatically published back to the blog as …