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Bitcoin News
Bitcoinist
6d
169
Image Credit: Bitcoinist
Scottish School Lomond Pioneers Bitcoin Tuition Payment In The UK – Details
- The Lomond School in Scotland has become the first UK academic institution to accept tuition payments in Bitcoin (BTC).
- Lomond School cites Bitcoin's alignment with independent thinking and innovation as reasons for accepting BTC.
- The school will receive BTC payments through regulated partners and convert them to British Pounds (GBP) to avoid crypto market volatility.
- Other academic institutions, including those in the United States and El Salvador, have also explored the use of Bitcoin for various purposes.
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10 Likes
TheNewsCrypto
6d
264
Image Credit: TheNewsCrypto
Bitcoin (BTC) Consolidates After Hitting $86K as States Eye Strategic Reserves
- Bitcoin (BTC) consolidated around $84,457.07 after reaching $86,015.19.
- The RSI and CMF indicators suggest a neutral to bullish market structure.
- Several U.S. states are considering declaring Bitcoin a national strategic asset.
- Bitcoin faces resistance at $86,000 and support at $81,000, while institutional interest remains high.
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15 Likes
Hackernoon
6d
215
Image Credit: Hackernoon
Bitcoin Promised to Help Tonga After Disaster—But the Blockchain Tells a Murkier Story
- In January 2022, Tonga faced a devastating event when an underwater volcano eruption triggered a tsunami, causing severe damage and disconnecting the nation from the world due to submarine cable network failure.
- Lord Fusitu'a, a Bitcoin advocate, created a Bitcoin wallet to collect donations for Tonga's relief efforts amidst the crisis.
- Blockchain data confirms that the wallet received 0.55640009 BTC (approx. $47,380.32 USD) through 421 transactions, with all funds eventually moved out.
- Further investigation traced the funds to a secondary wallet that accumulated additional deposits before transferring a substantial amount to another destination.
- Questions arise regarding whether the Bitcoin donations reached the Tongan Government Treasury for tsunami relief, highlighting transparency concerns.
- The investigation reveals a lack of official documentation on the utilization of funds, creating a gap between blockchain transparency and real-world accountability.
- The balance of the donation wallet and intermediaries is now at zero, with the mystery surrounding the final destination of the funds remaining unsolved.
- Despite the detailed blockchain tracking, uncertainties remain about the actual impact of the donations and their distribution post-transfer to subsequent wallets.
- The ongoing investigation highlights the potential of blockchain for transparent disaster relief efforts, emphasizing the need to connect digital transactions with tangible outcomes.
- Records indicate donations of 0.55640009 BTC were received, leading to a significant transfer of funds totaling approximately $2.3 million to a specified wallet address.
- The investigation aims to bridge the gap between blockchain transactions and their real-world implications, continuing to monitor the movement of funds for transparency.
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12 Likes
Newsbtc
6d
78
Image Credit: Newsbtc
Ethereum Stays Below Realized Price: Once-In-A-Cycle Opportunity?
- Ethereum experienced a powerful bounce, surging over 21% from its recent low of $1,380.
- Despite the relief rally, Ethereum still trades below critical technical levels, raising caution among analysts.
- On-chain data suggests that Ethereum's current price is below its realized price, signaling a potential buying opportunity for contrarian investors.
- For Ethereum to regain control and initiate a stronger recovery, it needs to push above the $1,850 resistance level.
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4 Likes
TronWeekly
6d
33
Image Credit: TronWeekly
Bitcoin Holds Above $74K Support, Testing $85K Resistance Levels
- Bitcoin reached the $85K resistance level, bouncing back from the dip to $74,000 on April 9.
- The resistance zone between $84K-$85K may trigger short liquidations, fuelling upside momentum.
- Bitcoin faces significant resistance between $84,000 and $85,000, aligning with the upper trendline of a descending channel.
- The next few sessions will be pivotal in determining Bitcoin's direction, with a move past the $85,000 level potentially setting new record highs.
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Cryptopotato
6d
91
Image Credit: Cryptopotato
PI and XRP Extend Gains, BTC Reaches 10-Day High (Weekend Watch)
- Bitcoin (BTC) reached $86,000 for the first time since April 2.
- Altcoins, including XRP and SOL, also saw notable gains.
- Bitcoin's recent climb was influenced by factors such as US-China tensions and the pause of tariffs on other nations by the US.
- The total crypto market cap increased by over $40 billion to reach $2.79 trillion.
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5 Likes
Cryptopotato
6d
158
Image Credit: Cryptopotato
3 Bullish Signs for Bitcoin as BTC Hits $85K, Says Analyst
- Bitcoin has recovered from its weekly low and is aiming for $95,000, but it faces a crucial resistance.
- Binance traders have shown a spike in buying pressure for bitcoin, indicating potential bullish activity.
- Futures traders on the largest exchange have mostly opened short positions, but historical data suggests bitcoin tends to defy expectations.
- Bitcoin has sliced through the 50-day Simple Moving Average (SMA), with the next major obstacle being the 200-day SMA and a potential surge towards $94,000.
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9 Likes
Cryptopotato
6d
356
Image Credit: Cryptopotato
Bitcoin Isn’t Digital Gold Yet — But There’s a Silver Lining, Says CryptoQuant Founder
- Bitcoin's reputation as digital gold is being questioned due to investors' reaction to trade tensions.
- Bitcoin is not yet considered digital gold, according to CryptoQuant Founder Ki Young Ju.
- Safe-haven demand for BTC has not materialized, as gold surges by 11% while BTC is down more than 25%.
- Despite the current bearish phase, Ju believes BTC will eventually surpass gold's market cap.
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21 Likes
Livebitcoinnews
6d
136
Image Credit: Livebitcoinnews
Did Binance’s CZ Rat Out Justin Sun to Strike a Deal with the US DOJ?
- Binance's founder, Changpeng 'CZ' Zhao, is speculated to have made an undisclosed agreement with US officials.
- There is no direct proof, but CZ entered into a plea deal with regulators related to Binance's legal issues.
- Some believe that CZ provided evidence against Justin Sun, the Tron founder, to receive lighter treatment.
- While there is speculation, there is a lack of credible evidence to validate the claims of CZ cooperating with the authorities.
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8 Likes
Coindoo
6d
71
Image Credit: Coindoo
Bitcoin vs. Gold: 2025 Price Gap Widens as Metal Outshines Crypto
- Gold has gained 23% since the start of the year, while Bitcoin has fallen by 12%.
- Gold's market value is estimated at $21 trillion, compared to Bitcoin's market value of $1.6 trillion.
- It takes significantly more capital to push gold's price compared to Bitcoin, due to its size and stability.
- Gold has taken the lead over Bitcoin in terms of performance, with the weight of history and size on its side.
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3 Likes
Coindoo
6d
285
Image Credit: Coindoo
Bitcoin Whales Didn’t Flee During the Dip, Says CryptoQuant
- Major holders of BTC, known as whales, are holding steady, indicating the broader uptrend remains intact.
- CryptoQuant's research shows a pattern of reaccumulation, similar to the consolidation observed in the past.
- Whale activity tracked excludes wallets tied to mining pools, exchanges, or custodians.
- The current pullback is seen as a natural retracement rather than the start of a market breakdown.
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17 Likes
Livebitcoinnews
6d
210
Image Credit: Livebitcoinnews
Crypto Goes to Class: Lomond School Becomes First in UK to Accept Bitcoin Payments
- Lomond School in Scotland becomes the first educational institution in the UK to accept Bitcoin payments for tuition.
- The school aims to integrate financial technology with academic instruction and train students in sound money principles.
- Lomond School's adoption of Bitcoin represents the global trend of educational institutions embracing cryptocurrencies.
- The acceptance of Bitcoin by Lomond School may encourage other institutions to use cryptocurrency as a valid financial method.
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12 Likes
Medium
6d
91
Image Credit: Medium
The education system in Pakistan faces numerous challenges but also holds significant potential for…
- Role of technology in education includes utilizing e-learning platforms, providing teacher support, and enhancing student engagement.
- Long-term vision for education in Pakistan encompasses universal access, equity, and inclusion, and sustainable development.
- The education system in Pakistan faces challenges, but also holds potential for improvement through addressing issues of access, quality, and equity.
- Technology and community engagement can play a crucial role in transforming the education system in Pakistan.
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5 Likes
Bitcoinist
7d
281
Image Credit: Bitcoinist
Bitcoin Whales Haven’t Made Their Exit Yet – Is The Bull Cycle Still Intact?
- Bitcoin whales, large holders excluding exchanges and mining pools, have not exited their positions despite the recent volatility and price correction.
- This accumulation activity by whales is similar to the pattern observed during the August-September 2023 sideways market phase, indicating long-term conviction and potential for major rallies.
- Bitcoin has shown resilience and is approaching a critical daily resistance near $88,700, as it recovers from the recent correction.
- Reclaiming key moving averages, such as the 200-day MA and 200-day EMA, is crucial for Bitcoin to confirm a reversal and establish a long-term uptrend.
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16 Likes
Newsbtc
7d
377
Image Credit: Newsbtc
Bitcoin Hidden Bullish Signal: Analyst Predicts Breakout After Holding Key Level
- Crypto analyst BTCEarth suggests that Bitcoin may be setting the stage for a major reversal.
- The price has respected a long-standing blue support line, indicating a possible bottom formation near this zone.
- The structure, backed by volume and historical price behavior, suggests early signs of a bullish turnaround for Bitcoin.
- The key resistance levels to watch are at $80,000, $86,000 - $88,000, and the psychological milestone of $100,000.
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