In a strategic pivot towards artificial intelligence (AI), Northern Data, one of Europe’s largest cryptocurrency mining companies, is contemplating the sale of its Bitcoin mining subsidiary, Peak Mini...
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Northern Data Mulls considering winding down Bitcoin mining operation to focus on AI
Northern Data has announced that it is exploring the divestment of its heritage crypto mining business, Peak Mining. The provider of AI and high-performance computing (HPC) solutions aims to strengthe...
Bitcoin Price Stabilizes Around $68,000 And Approaches Its Recent High
Oct 21, 2024 at 13:30 // Price The Bitcoin (BTC) price peaked at $69,402 on October 20. The upward momentum was rejected at the psychological price barrier of $70,000. Bitcoin price long-term forecast...
Bitcoin Approaches Old Highs with Robust Support and Rising Dominance
As Bitcoin edges closer to revisiting its previous all-time high, a significant activity level has been observed in the cryptocurrency market. Current data shows over 320,000 active Bitcoin addresses ...
This Move From Holders Could Push Bitcoin Price Beyond $70,000
Bitcoin price has surged close to $68,260 in recent days, with bullish momentum bringing it tantalizingly close to the key psychological level of $70,000. This upward price action has sparked renewed ...
New all-time high for Bitcoin’s hashrate: bull run incoming
During the last week, along with the prices, the Bitcoin hashrate also moved positively upwards, highlighting the positive moment of the crypto. The metric of the computational strength of the crypto ...
Bitcoin (BTC) positive weekly close – up from here?
The Bitcoin (BTC) weekly candle closed at a price of $69,000, which is above the top of its bull flag, and on par with the all-time high of the previous bull market in November 2021. This excellent cl...
Minneapolis Fed Suggests Banning/Taxing Bitcoin to Maintain Deficits
Critics, including VanEck’s Matthew Sigel, argue that the Fed’s proposal was only made in an attempt to suppress Bitcoin in favor of government-controlled securities. Meanwhile, Japan’s De...
Bitcoin Eyes $70,000: Potential Breakout Amidst Election Influences and Market Sentiment
According to recent insights from COINOTAG, as of October 21, Bitcoin has exhibited robust upward momentum, achieving a notable peak of $69,586 during early trading. The cryptocurrency now approaches ...
Bitcoin at risk of a dip? Decade-old whale reemerges as BTC hits $69K!
Dormant Bitcoin whales have awakened, with decade-old addresses reactivating. Now, FOMO could spark a push to $73K, but there’s a catch! A perfect storm of macro factors – ranging from the post-halvin...
A New Fed Working Paper Aims to Rein in Bitcoin With Taxes or Prohibition—Here’s Why It’s Flawed
In a working paper, Amol Amol and Erzo G.J. Luttmer from the Federal Reserve Bank of Minneapolis argue that prohibiting bitcoin or imposing specific taxes could help governments implement permanent pr...
3 Altcoins to Purchase as Bitcoin ($BTC) Soars During “Uptober”
The crypto market is having a whale of a time in “Uptober” with Bitcoin ($BTC) trading around the $69,000 level. Historically, “Uptober” has been a month of significant gains, and this year, it looks ...
UK Money Laundering Case: Arrest of Bitcoin Suspect Qian Zhimin Sparks Controversy
COINOTAG reported on October 21 that Qian Zhimin, also known as Zhang Yadi, has emerged as a central figure in a significant **cryptocurrency money laundering** case in the UK, involving approximately...
Interview: NoOnes visionary mission for Bitcoin adoption and empowerment in the Global South
Since its founding two years ago, NoOnes, a peer-to-peer (P2P) platform, has achieved a lot in a short space of time. As a visionary entrepreneur, Ray Youssef, NoOnes CEO, is helping lead the way in t...
Bitcoin Offers a Lifeline Against Inflation
Naira’s decline drives Nigerians to Bitcoin to protect their wealth. High taxes, borrowing costs, and capital flight increase Nigeria’s economic challenges. Bitcoin’s value and decentralization of...
Bitcoin Holders Refuse To Sell As Data Shows Record BTC Stash
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wiel...
Bernstein Analysts Said “Risk On Mode Is Back in Bitcoin”, Explained the Reason for the Rise!
After a long period of decline, Bitcoin has started to rise shortly before the US presidential elections. At this point, analysts state that the BTC price is associated with the increasing probability...
BlackRock’s Bitcoin fund IBIT hits top 3 US ETFs by inflow for 2024
iShares Bitcoin Trust ETF (IBIT) recorded over $1.1 billion in new cash inflows last week, marking its strongest performance since March 2024. Eric Balchunas, Senior ETF Analyst at Bloomberg Intellige...
Exploring Potential Opportunities as Apecoin and Meme Coins Surge Amidst Bitcoin’s Fluctuation Below $70K
The cryptocurrency market is witnessing a notable upward trend as recent price movements captivate traders and investors alike. Significant inflows into ETFs have spurred excitement, although Bitcoin’...
Bitcoin (BTC) Warning from Minneapolis FED!
Although the leading cryptocurrency Bitcoin started the week on the rise, it has approached the $ 68,000 level again in recent hours. While BTC is facing a decline from its high of $69,500, it also fa...
BlackRock’s Bitcoin Spot ETF IBIT Achieves Record $1.1 Billion Weekly Inflows, Ranking Among Top ETFs
In a recent development reported by COINOTAG, Eric Balchunas, a premier ETF analyst at Bloomberg, highlighted significant milestones achieved by BlackRock’s Bitcoin spot ETF, IBIT. According to Balchu...
Price Performance BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin remains dominant, with steady price growth and high trading volume. Ethereum and Solana lead altcoins with strong gains, driven by DeFi and NFTs. Altcoins like Cardano, Avalanche, and Dogecoin...
Why Bitcoin? Michael Saylor breaks down BTC’s edge over gold, stocks!
MicroStrategy CEO explains why Bitcoin is better. Saylor expresses long-term belief in the king coin. Bitcoin’s [BTC] impressive rise last week has renewed investor optimism, especially after exchange...
Bitcoin Technical Analysis: BTC Faces Critical Resistance Above $69.5K
On Oct. 21, 2024, bitcoin is trading at $68,322, supported by a market cap of $1.35 trillion. The cryptocurrency saw a 24-hour trading range between $68,145 and $69,431, with a trading volume reaching...
Could Bitcoin Break Above Crucial Resistance? Exploring Potential Price Rally Scenarios
Bitcoin is once again capturing attention as it approaches a significant resistance line established since its all-time high in March. This resistance has been tested on multiple occasions, presenting...
Bitcoin Pushes $70K as US Elections Approach! Will It Succeed? Analysts Evaluate!
Bitcoin (BTC), which is correlated with the US presidential election, continues to rise in price as former President Donald Trump’s chances of winning increase. At this point, Bitcoin is pushing...
Is Bitcoin poised for a pre-election rally? Analysts predict…
BTC’s momentum has turned bullish for the first time in H2 2024. Will the uptrend continue and follow historical US pre-election trends? Last week was a great and bullish one for Bitcoin [BTC]. It p...
7 Reasons To Be Bullish On Bitcoin This Week
Este artículo también está disponible en español. In an analysis shared on X, crypto analyst Patric H. from CryptelligenceX outlines seven reasons why investors should be bullish about the Bitcoin pri...
Could Bitcoin Approach $70,000 as Election Dynamics Unfold?
As the 2024 U.S. presidential election draws near, Bitcoin is showing significant price movement in the cryptocurrency market. Recent data indicates that Bitcoin reached a peak of $69,227, highlightin...
Crypto funds see $2.2 billion inflows, with Bitcoin leading
Crypto investment products have seen a surge in inflows, reaching $2.2 billion throughout last week, according to a report by CoinShares. This marks the largest weekly increase since July 2024. As per...
Bitcoin Hashrate Hits All-Time High as Publicly-Listed Miners’ Share of the Network Peaks
Bitcoin mining is one of the hardest industries to stay profitable, due to it’s capital intensive nature, on top of block rewards getting cut in half every four years. As a result, the weaker mi...
A Kamala Presidency Could Be Just as Bullish for Bitcoin
Yes, I know, you’re here to let the hate flow. You’ve bought all the rhetoric. Donald Trump likes crypto. He is embracing DeFi. He has his own shoes, and coins. He’s going to fire Gary! Like Polymarke...