Are Bitcoin Holders Exiting US Exchanges? What Data Says

On-chain data shows the Bitcoin exchange reserve ratio for US versus offshore platforms has continued to decline recently. Here’s what this tells us. Bitcoin Exchange Reserve Ratio Has Been Falling Fo...

Bitcoin Faces Potential Drop To $25K, Data Signals Bearish Trend

Bitcoin (BTC) has been experiencing a volatile price action since late April, with significant fluctuations in its value. At the time of writing, the cryptocurrency has experienced a 3% decline in the...

Bitcoin (BTC) Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout

“Our government invited us and others to step up, and we did,” JPMorgan CEO Jamie Dimon said. Crypto fans may know Dimon as one of the highest-profile advocates of “blockchain” and long-time bitcoin c...

Bitcoin sets new record for daily transactions

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin sets new transaction record with more than 568,300 processed in a single day, surpassing the previous peak duri...

Bitcoin FAILS to breach 30K higher…Will Bitcoin crash to 20K?

The crypto market has been on an upward trend since the beginning of the year 2023, attracting a lot of attention from investors and traders alike. However, the month of April 2023 saw the market expe...

Paysenger Launches IDO as the Platform Looks to Solve the Challenges of AI-Generated Art – Press release Bitcoin News

press release PRESS RELEASE. The rise of AI-generated art has created ethical concerns and challenges within the art community, as many artists perceive these tools as undermining their skills and exp...

Bitcoin Mining Firm Bitfarm Regains Nasdaq Listing Requirements

11 mins ago | 2 mins read Bitcoin News Nasdaq threatened to delist Bitfarms after its stock price did not meet listing standards. The stock price had been below $1 per share for 30 consecutive trading...

Bhutan Embraces Bitcoin Mining with Green Energy

Bhutan, the small Himalayan kingdom, has been quietly accumulating and mining Bitcoin since April 2019. The country of less than 800,000 people is leveraging its abundant hydroelectric power to power ...

Bitcoin price threatens $28K support as pre-FOMC mood boosts US dollar

Bitcoin (BTC) headed toward $28,000 support after the May 1 Wall Street open as markets digested fresh United States banking jitters. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Suspic...

Inside Bhutan’s secretive Bitcoin mining operation

The tiny Himalayan nation of Bhutan has never been a stranger to Bitcoin. Still, the latest bombshell report from Forbes shed light on the scope of the Kingdom’s secretive mining operation. The Kingdo...

Price analysis 5/1: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL

Bitcoin and most major altcoins are witnessing aggressive selling at higher levels, indicating that the bears are trying to make a comeback. JPMorgan Chase emerged as the winner in the auction to acqu...

Peter Brandt Says Bitcoin Will Be “The Only King Of Hill” If This Happens

Bitcoin’s price must breach a monthly range to make a decisive run. Veteran markets analyst and trader Peter Brandt sees Bitcoin getting ahead and becoming the “King of the Hill” amidst the ongoing fi...

Sharpe Ratio indicates Bitcoin is the best horse in the race

Quick Take The Sharpe Ratio measures risk-adjusted return, which considers each asset’s volatility. We looked at the Sharpe Ratio of assets over time; we’ll calculate the rolling Sharpe Ra...

Will $28K Bitcoin price hold? Two indicators remain solid despite 5% pullback

Bitcoin (BTC) saw considerable volatility between April 25 and May 1, ranging between $27,200 and $30,000. From a trading perspective, the 10.5% move sounds alarming, resulting in $340 million in leve...

BTC, ETH, XRP, DOGE and ADA Price Analysis for May 1

The new week has started with ongoing bearish pressure as most of the coins keep trading in the red zone. Top coins by CoinMarketCap BTC/USD The rate of Bitcoin (BTC) has fallen by 2.32% over the last...

Bitcoin (BTC) Continues Downtrend Despite Daily Transactions Nearing All-Time High

While Bitcoin (BTC) has continued a downtrend, the asset has recently recorded a high volume in daily transactions nearing its all-time high. According to a report by on-chain analytics provider Glass...

LTC Back Under $90.00, as SOL Extends Declines – Market Updates Bitcoin News

Litecoin fell below the $90.00 level on Monday, as sentiment in cryptocurrency markets remained mostly bearish. The global market cap is down 1.87% at the time of writing, which seems to be a result o...

Bitfarms Bitcoin production declined 10% in April despite hashrate growth

Bitcoin (BTC) mining firm Bitfarms said its production decreased 10.6% to 379 BTC in April despite its corporate hashrate growing by 4% to 5.0 EH/s. Of the mined BTC, the miner sold 349 units of the a...

Market slumps as bitcoin and ethereum prices continue falling, digitoads attracting new investors

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied At prevailing market conditions, top cryptocurrencies are struggling against a deluge of bear selling pressure. Crypto ...

Are we on the verge of another Bitcoin miner capitulation?

Definition The Hash Ribbon is a market indicator that assumes that Bitcoin tends to reach a bottom when miners capitulate, i.e., when Bitcoin becomes too expensive to mine relative to the cost of mini...

Bitcoin’s total supply held by LTHs go up high, but here’s the issue

Bitcoin’s Total Supply held by Long-Term Holders continued to push toward new all-time highs. A significant number of HODLers remained confident in the BTC’s long-term potential. Earlier this month, a...

Bhutan Has Mined Bitcoin Since It Was Worth $5K: Report

The investment arm of Bhutan has been mining bitcoin for a “few years” to diversify the landlocked nation’s portfolio. Druk Holding and Investments (DHI) CEO Ujjwal Deep Dahal told local media outlet ...

Charlie Munger Raises Concerns Over Troubled Commercial Property Loans at US Banks – Bitcoin News

Charlie Munger, the vice chairman of Berkshire Hathaway, stated in a recent interview that American banks are burdened with poor-quality commercial real estate loans. His comments arrive amid the coll...

Historic Bitcoin (BTC) Bull Run Underway, Says Popular Crypto Analyst – Here’s His Forecast

A popular crypto analyst is doubling down on a contrarian prediction that Bitcoin (BTC) is only weeks away from a massive parabolic surge well into the six-figure price range. Aurelien Ohayon tells hi...

Which US State Is Best for Mining Bitcoin in 2023?

The rising electricity rates in the United States have increased Bitcoin mining costs. As the electricity demand grows and expenses increase, Bitcoin miners face higher operating costs, reducing their...

Bitcoin Stalls Above 28,500 Level As It Enters Overbought Zone

May 01, 2023 at 10:10 // Price Bitcoin (BTC) price fell after three failed attempts to cross the psychological price barrier of $30,000. Bitcoin price long-term forecast: bearish The cryptocurre...

Bhutan mines Bitcoin with hydropower since BTC price was $5,000

The Kingdom of Bhutan is bullish on Bitcoin (BTC). Following the revelation that the small Himalayan Kingdom has been quietly accumulating crypto, the country is also mining Bitcoin. Moreover, the cou...

Avorak AI reports a 72% average hit rate on spot leverage Bitcoin trades this April 

Traders are constantly seeking ways to increase their returns and mitigate risks, especially in the highly volatile crypto market. Avorak AI recently reported a 72% average hit rate on spot leverage B...

JPMorgan Chase Assumes Control of First Republic Bank Following Seizure by California Regulators – Bitcoin News

On May 1, 2023, the California Department of Financial Protection and Innovation (DFPI) seized First Republic Bank, placing it into Federal Deposit Insurance Corporation (FDIC) receivership. According...

Bhutan is Now One of Few Countries with State-owned BTC Mining Grid

Bhutan operates a state-owned Bitcoin mine utilizing its hydroelectric resources. The earnings are to subsidize power and hardware costs. Bhutan is in talks with Bitdeer to secure 100 MW of power acce...

BTC Breaks Below $29,000 After a Bearish Strike – Cryptopolitan

The Bitcoin price analysis reveals that the token has been on a downward trajectory after breaching the resistance level of $29,952. The token has been facing rejection at this level for some time now...

BTC, ETH Start Week Lower, Ahead of Key Economic Events – Market Updates Bitcoin News

Bitcoin started the week trading in the red, as markets prepared for an important week of U.S. economic events. On Wednesday, the Federal Reserve is expected to increase rates by 25 basis points, with...