TL;DR Breakdown Bitcoin price analysis is bearish today. BTC/USD retested $42,500 resistance earlier. Closest support at $41,000. Bitcoin price analysis is bearish today as another rejection for upsid...
Category: Bitcoin
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What the BMC’s findings on ‘sustainable’ Bitcoin mining industry tell us
There’s no denying that over the past couple of years, the narrative that Bitcoin consumes too much power has continued to garner mainstream traction. However, in recent months, an increasing number o...
EU Securities Watchdog Urges Regulators To Ban Proof-of-Work Mining Used By Bitcoin ⋆ ZyCrypto
Advertisement     One key official in the European Securities and Markets Authority (ESMA) is calling for a prohibition of proof-of-work mining, a computationally inte...
US Senator’s Inflation Report Says ‘Its Only Going to Get Worse,’ Truflation Oracle Reveals True Inflation Rate – Economics Bitcoin News
America’s media, central bankers, and bureaucrats continue to debate the rising inflation in the U.S. that has raised the cost of living and increased the prices of goods and services nationwide. Sena...
Bitcoin’s transition to a risk-off asset will propel it to $100K in 2022, says Bloomberg analyst
Bloomberg analyst Mike McGlone is convinced Bitcoin is on track to reach $100K in 2022, as it completes its transition from a risk-on to risk-off asset. While the Fed is planning to raise interest ra...
An overview of techniques for boosting Bitcoin miner hashing power
January 19, 2022, 11:46AM EST • 10 min read Quick Take Bitcoin mining has entered a stage where the margin can reach 80% while the lead-time for new machines takes more than a year. That makes it more...
Bitcoin ‘Mega Whales’ Make Reappearance As BTC Struggles To Stay Above $40,000: Crypto Intelligence Firm Santiment
As the price of Bitcoin (BTC) continues to track sideways in early 2022, BTC “mega whales” appear to be buying back into the space. According to crypto analytics firm Santiment, in the past three mont...
Crypto Market To Plunge Harder In Coming Days? Bitcoin Price (BTC) to Bottom Out at $38k – Coinpedia – Fintech & Cryptocurreny News Media
On Wednesday, cryptocurrency prices fell as the overall market fell by more than 2%, bringing the total market capitalization below $2 trillion. According to CoinMarketCap, the global crypto market is...
Intel is already active in the bitcoin mining chip business, filing shows
advertisement Bitcoin mining company Griid quietly made a significant disclosure last month: a deal with tech conglomerate Intel to provide it with hardware. The deal, first reported Tuesday by Fox Bu...
Cryptocurrency ATMs Close Down in Singapore Following Central Bank’s Announcement – Regulation Bitcoin News
Cryptocurrency ATMs have closed down in Singapore following the guidelines issued by the central bank, the Monetary Authority of Singapore (MAS). “To comply with the sudden announcement, we have cease...
Op-Ed: The fallacies of the Bitcoin energy debate
If all your information about Bitcoin came only from the mainstream media, you’d be forgiven for thinking that it (along with everything crypto) was spawned directly from the pits of hell. According t...
Bitcoin Outperforms Nasdaq – Trustnodes
Bitcoin has been performing better than Nasdaq for the past week in a first since quite some time according to our observation. Nasdaq fell by 2.6% yesterday. Bitcoin dropped by only 1%. Bitcoin is up...
BTC/USD in a Narrow Range, Risks Further Decline below $41k
Bitcoin Is Stuck in a Range as It Risks Further Decline below $41k– January 19, 2022 BTC/USD has fallen to $41,552 low as it risks further decline below $41K. In the previous days, buyers were attempt...
Cardano, Bitcoin, Polkadot, and Dogecoin Poised For Huge Rebound
Advertisement     Markets are showing signs of recovering from last week’s lows. BTC, ADA, DOT, and DOGE started the week well. Discussions on the environmental impac...
Georgia Binds Its Residents in Holy Oath Against Bitcoin Mining
Bitcoin mining consumes enormous amounts of electricity. As a result, Bitcoin miners have often caused power outages earning the wrath of the nations. The story has been oft-repeated first in China, I...
Bitmex Acquiring German Bank to Create ‘Regulated Crypto Powerhouse’ in Europe – Exchanges Bitcoin News
Crypto exchange Bitmex is acquiring a German bank to create “a regulated crypto powerhouse.” The company plans to establish “a one-stop shop for regulated crypto products in Germany, Austria, and Swit...
Bitcoin ATMs Shut Down In Singapore After MAS Curbs Crypto Advertising
Financial service regulator – Monetary Authority of Singapore has issued fresh guidelines to limit crypto trading by the public. It has also taken a firm stance and asked cryptocurrency companies to e...
Bitcoin bounces at $41K as optimism increases over stocks correlation
Bitcoin (BTC) rebounded strongly from $41,000 during Jan. 20 as bears hoping for a step into lower territory stayed disappointed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from ...
New York’s pro-Bitcoin mayor have a concerning attitude toward progressives
According to Politico, New York City’s new pro-Bitcoin mayor Eric Adams has been accused of having a “concerning” attitude toward progressives just weeks after taking office. Since entering office on ...
What might Intel’s low-voltage Bitcoin mining chip mean for the future?
Intel may soon enter the Bitcoin mining business with its new “Bonanza Mine” chip, described as an “ultra-low-voltage energy-efficient Bitcoin mining ASIC.” At present, little is known about the chip ...
4Chan Bitcoin Prophecy Coming True – Trustnodes
There was once in ancient time, 2019, a bitcoin prophecy that grabbed everyone’s imagination because it appeared to have called bitcoin movements pretty much to the dot. The world famous hacker known ...
EU Regulator Calls for Ban on Proof-of-Work Mining Used by Bitcoin, Ethereum
Erik Thedéen, vice chair of the European Securities and Markets Authority (ESMA), has called for a ban on proof-of-work crypto mining based on the industry’s high energy demands, per the Financi...
Here’s What’s Next for Bitcoin (BTC), Ethereum (ETH) and Solana (SOL), According to Crypto Analyst Pentoshi
A closely followed crypto strategist is predicting what’s in store for Bitcoin (BTC) and smart contract platforms Ethereum (ETH) and Solana (SOL). Pseudonymous crypto analyst Pentoshi tells his 475,50...
Bitcoin (BTC) RSI and MACD Generate Bullish Divergences Near $40,000 Support
Bitcoin (BTC) indicators are showing several short-term bullish signals above a strong support level, making a breakout above resistance a likely scenario. Since Jan 8, BTC has been trading slightly a...
Gold Miner Says Investors Prefer Hedging Against Inflation With Gold, Not Crypto – Economics Bitcoin News
The CEO of a Canada-headquartered gold mining company, Mark Bristow, has insisted that gold currently has little downside risk. He also highlighted the precious nature of the metal and how it is a bet...
Cardano’s ADA Token Leads Crypto Majors Lower, Bitcoin Nears $41K as Bond Yields Rise
At press time, ADA was trading near $1.36, a 10.6% fall in the last 24-hour. Scaling solution Polygon’s MATIC token fell 6% even as the network implemented Ethereum’s fee-burning mechanism...
Long in the Tooth Hydroelectric Plant Rescued by Bitcoin Mining
As per Albany Engineering Corp CEO Jim Besha Sr, it is the oldest renewable power facility globally. More money can be generated through mining bitcoins instead of selling electrical power to national...
Bividend, dividends are now also paid in Bitcoin
On 16 March, the world’s first Bitcoin dividends, “bividends”, will be paid. The initiative comes from the listed company BTCS, based in Silver Spring, Maryland (USA), which has proposed to pay $0.05 ...
More Than $40,000 in Bitcoin Donations Towards Tonga, after Catastrophic Volcanic Eruption
The Bitcoin (BTC) community is taking part in a noble cause of helping Tonga recover from a disastrous volcanic eruption that hit the nation on January 15. Within just three days of going live, the ...
Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins – Mining Bitcoin News
A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare to address the lack of prop...
Bitcoin Mining Ban Proposed by Top EU Financial Regulator
Alex Dovbnya A leading EU financial regulator is calling for prohibiting Bitcoin mining Contents “A national issue” The U.S. is catching up Erik Thedeen, the newly appointed vice chair of ...