Premier League’s Watford F.C. Adds Bitcoin Logo to Uniforms

A U.K. Premier League football club (sorry, U.S. readers — the original football) will now be sporting the Bitcoin logo out on the pitch. Watford F.C., a professional football team from Watford, Hertfordshire, announced today, September 12, 2019, that it has added the Bitcoin logo to the left sleeves of its players’ uniforms. According to …

Bitcoin Price Analysis: Falling Wedge Spotted At $10,000

Bitcoin price levels quickly bounced off the triangle support at $9,400 back up to just below $11,000 at the beginning of September. Since then BTC has formed a falling wedge and looks poised for another move up. Bitcoin Price 1-Hour Analysis On the 1 hour chart for XBT/USD, we can see the falling wedge that …

Leading Crypto Altcoin May Drop 40% If Support Fails

Although Bitcoin has had a stellar year thus far, 2019 has not been a strong year for the altcoin market. Only two out of the thousands of altcoins on the crypto market were able to outperform Bitcoin over the first half of the year. However, one of those top performers is in trouble of retracing …

Bitfarms Expands Bitcoin Mining Operations in Québec

With a cool climate and endless supplies of renewable hydropower left over from a time when forestry, pulp and paper, and traditional mining drove the economy, Québec, Canada, has the potential to be a thriving bitcoin mining hub. Québec’s energy agency Hydro-Québec told Bitcoin Magazine that it now provides 668 megawatts (MW) of power to …

Tether (USDT) Launches Digital Yuan Before PBoC

Controversial firm Tether Limited has announced that it is expanding its list of stablecoins by launching an offshore yuan-backed digital currency.  Tether Continues its March The Hong Kong company said in a short blog post that the new stablecoin, known as CNHT, would be pegged one-to-one to the offshore Chinese yuan. Like its popular stablecoin …

Bitcoin Price (BTC) At Risk Of Downside Break Below $10,200

Bitcoin price is under pressure and it recently declined below the $10,500 support against the US Dollar. The price is struggling to climb higher and is approaching the $10,200 support area. There is a key bearish trend line forming with resistance near $10,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). …