Why is Bitcoin price down today?
Bitcoin price is down today as macroeconomic pressure, declining Bitcoin network usage, and doubts over the Fed rate decrease drive prices downward.
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BTC price strength quickly returns after a Bitcoin liquidation event like few others in history.

Bitcoin Price Retakes $9.5K as Analyst Says $12K Breakout May Be Next
Bitcoin (BTC) was testing $9,500 on June 16 after a recovery from near three-week lows stalled at classic resistance levels. Cryptocurrency market daily overview. Source: Coin360BTC price focuses on $9,500Data from Cointelegraph Markets and CoinMarketCap showed BTC/USD gaining $600 over the past 24 hours to hit highs of $9,570.On Tuesday, Bitcoin’s progress stalled, with $9,500 proving…

World Economic Forum Report: 6 Ways to Evaluate Blockchain Benefits
The World Economic Forum (WEF) announced that it released a guide for the evaluation of the benefits of blockchain applications in a press release shared with Cointelegraph on July 16.The document delves into how to apply blockchain technology, providing six recommendations for companies. The first is to take time to understand the technology, set realistic…

$1B science fund seeks blockchain projects to expand human lifespan
Longevity Science Foundation accepts crypto donations and aims to use technology to advance healthy human longevity. 372 Total views 35 Total shares Scientists are continuously pursuing ways to lengthen the human lifespan, and blockchain might have been a missing part of the puzzle. The Longevity Science Foundation, a Swiss entity launched by a consortium of…

Bitfinex donates 36 BTC to Salvadoran businesses to support economic development
El Salvador officially made Bitcoin legal tender in September 2021; since then, the Latin American country has placed BTC near the center of its economic growth strategy. 553 Total views 6 Total shares Cryptocurrency exchange Bitfinex has donated 36 Bitcoin (BTC) and $600,000 worth of Tether (USDT) to small businesses in El Salvador as part…

Just Eat adds Bitcoin payments for 15,000 restaurants in France
The price of Bitcoin will be calculated depending on its current price on Bitpay and the delivery platform. Just Eat, a major British online food order and delivery platform operating across 13 countries, has added cryptocurrency payment support for its France subsidiary.The company has partnered with the cryptocurrency payment provider Bitpay to allow its users…

The post-consortia era: How enterprises are embracing Web3 structures
Now that the initial hype surrounding blockchain applications and the prolonged blockchain “winter” that followed are left behind, we now find ourselves in the middle of a “spring” that is helping organizations reimagine how they deliver value. So much so that blockchain is expected to add $1.76 trillion to the global economy by 2030, according…

Bitcoin Price Trapped Below $8,500 as Bears Call for a Drop to $6K
Around this time last week, the situation was looking increasingly dire for Bitcoin (BTC) and murmurs of a drop to $6,000 and even $3,000 began to circulate amongst traders. Even today there are still those that consider this a real possibility and perhaps it is. For the moment, Bitcoin appears to have stabilized and traders…