Bitcoin bulls defend $23K amid warning bear market rally ‘alive and well’

Bitcoin (BTC) tested $23,000 as support on the Aug. 1 Wall Street open with key moving averages in focus.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 200-week moving average gets big attention Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as bulls and bears battled for control amid a tight trading range. Bitcoin had inspired … Read more

Bitcoin Price Hits Miner Profitability – Bitcoin Magazine

Public bitcoin mining companies have been an unusually prominent fixture of the crypto market for the past couple of years as investors, media and regulators observe their financial growth and operational expansions. While share prices for nearly all of these companies significantly outperformed bitcoin during the latest bullish market trend, the opposite effect is clearly … Read more

Block Size War Soldier Freedom – Bitcoin Magazine

This is an opinion editorial by Tomer Strolight, editor-in-chief of Swan Bitcoin and author of “Why Bitcoin.” Part 1: Introduction Words. How do you describe with words the things that we don’t have words for? Words describe things we’re familiar with. But we’ve never seen anything like Bitcoin before. That’s why it’s so hard to … Read more

Aave DAO approving overcollateralized stablecoin splits crypto community

Aave DAO, the governance body behind decentralized finance (DeFi) giant Aave, has voted practically unanimously to create an overcollateralized stablecoin called GHO. Aave Companies introduced the proposal on Thursday, and it received an overwhelming 99.9% community vote in support over three days. The vote ended on Sunday at 10:00 am UTC with 501,000 AAVE tokens … Read more

Bitwage Streamlines Bitcoin Payroll With Casa, Edge – Bitcoin Magazine

Bitwage has partnered with two Bitcoin wallet providers to streamline its onboarding process. Casa and Edge Wallet helped Bitwage develop a UI to integrate each of the wallets onto its payroll platform. These partnerships will allow Bitwage to automate the process of onboarding businesses from start to finish. Bitwage, a bitcoin payroll provider, is partnering … Read more