Next Drop May Be Last Time to Get Bitcoin Below $10K

The price of Bitcoin (BTC) is consolidating below $9,200, which has acted as a key support level since late May. According to Cole Garner, if BTC breaks down to the $7,000s, it may be the last dip below $10,000 in the long-term. Bitcoin is vulnerable to drop to the $6,000 to $7,000 range below the green line. Source: Cole Garner On-chain data analyst Garner said: “Technically we’re still in bull market territory. A break below the VWAP [the green level] is a juicy buy the dip opportunity. Could be the…

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Kraken Announces Largest-Ever Grant to BTCPay Server – Bitcoin Magazine

The Summer of 2020 will forever go down as the “Summer of Giving” within the Bitcoin community as yet another significant grant is being given to support open-source development. Cryptocurrency exchange Kraken has announced it has sent $150,000 worth of bitcoin to help support the further development of open-source bitcoin payment processor BTCPay Server. This gesture from Kraken marks the largest-ever donation to BTCPay and coincides with their recognition of Micro-, Small and Medium-sized Enterprises Day. “A recognition from a big enterprise like Kraken makes us feel energized. At the…

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