Bitcoin Price Analysis: BTC briefly spikes below $40,000, quick recovery to follow?

TL;DR Breakdown Bitcoin price analysis is bullish today. BTC/USD spiked below $40,000. Market has since returned above $41,000. Bitcoin price analysis is bullish today as we saw strong rejection of fu...

Top Crypto Analyst Predicts Bitcoin (BTC) Rally Above $50,000 – But There’s a Catch

A popular crypto strategist and trader is predicting that Bitcoin will ignite a rally above the $50,000 but warns that BTC may not be able to sustain its ascent. Pseudonymous crypto analyst Pentoshi t...

‘Bitcoin will untether itself from other assets,’ says exec with note for pension funds

The crypto-market mayhem has even got the first Bitcoin ETF in the red after a stellar debut. According to a Bloomberg report, BITO is now among the 10 worst performers amid the broader market weaknes...

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols – Defi Bitcoin News

On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance bl...

Crypto Market Crash Intensifies After $300 Billion Sell-Off—How Low Can Bitcoin Prices Go?

Topline The price of bitcoin fell to a three-month low Monday morning, continuing a slide that began when the Federal Reserve sparked a broad sell-off last week by cautioning it may move more quickly ...

Bitcoin Falls Below $40,000, ETH Breaks $3,000 – Trustnodes

Bitcoin has fallen below $40,000 for the first time since July with the currency continuing to pile on losses as its market cap nearly halves since November to now $760 billion. Bitcoin has been in a ...

Bitcoin drops below $40K for first time in 3 months as fear set to ‘accelerate’

Bitcoin (BTC) fell below the landmark $40,000 mark for the first time since September 2021 on Jan. 10, heightening a rout that began six weeks ago. BTC/USD 1-hour candle chart (Bitstamp). Source: Trad...

$110 Million in Bitcoin and ETH Liquidated as BTC Drops Below $40,000, ETH Goes Under $3,000

Yuri Molchan $110 million in Bitcoin and Ethereum trades have been liquidated over past 30 minutes Disclaimer: The opinion expressed here is not investment advice – it is provided for informational pu...

Bitcoin Falls Below $40K, Ethereum Below $3K as Crypto Pullback Worsens

Bitcoin (BTC) has had a difficult start to the new year, and it has now fallen below $40,000 for the first time since August 2021.  The world’s largest cryptocurrency by market cap dropped by 4....

Jitters in the crypto market as bitcoin mind still not made up

Technical analysis suggests that Bitcoin may well have reached a bottom as it fell to $40,600, and made a third touch on a trendline that has been in play since September 2020. However, the market is ...

Canada’s Bitfarms Bought $43 Million In Bitcoin During $300 Billion Crypto Crash

Topline Canadian bitcoin mining company Bitfarms announced Monday it invested $43.2 million in bitcoin as the cryptocurrency plummeted about 12% during the first week of the year, becoming the latest ...

Adds $43.2 Million Worth of BTC

The price of Bitcoin has been declining steadily as of late, and some have decided to take this opportunity and add to their positions. Toronto-based BTC miner Bitfarms becomes the latest to do so. Ac...

Italian Local Bank Unicredit to Ban Accounts Trading Bitcoin

Italian banking giant UniCredit has threatened to close the accounts of customers that are linked to crypto trading. According to the bank, their policies prohibit them from interacting with “counterp...

the World’s Most Diverse Payment Network, Bringing ‘Buy Now, Pay Later’ to the Crypto Industry – Press release Bitcoin News

press release PRESS RELEASE. XRPayNet is a cryptocurrency built on the XRP Ledger, with an upcoming global team focused on one goal: a globally adopted interface and ecosystem for payment settlements ...

BTC/USD Trades Marginally as Bitcoin Consolidates Above $40k

Bitcoin Bulls Face an Uphill Task as Bitcoin Consolidates Above $40k– January 10, 2022 On January 7 price slump, BTC/USD dropped to $40,586 as Bitcoin consolidates above $40k. The current selling pres...

Bloomberg Estimates Binance’s CEO Is Worth Almost $100 Billion As The Bitcoin Price Plummets

The following is an excerpt from the daily CryptoCodex email newsletter. Sign up now for free here Firmer footing ? Cryptocurrency prices may not be climbing but at least they’re no longer in fr...

With supply squeeze in the making, will $40K be a market bottom for Bitcoin

The new year hasn’t been very kind to the king coin as Bitcoin saw a close to 15% price fall in the first week of 2022. With the top coin still around the $40k-mark, speculations around a new BTC bott...

Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country – Mining Bitcoin News

The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an ...

Bitcoin Holds above $40,000, Takes a Breather as Bulls Contemplate Next Move

Jan 10, 2022 at 12:15 // News After the January 7 plunge, the price of Bitcoin (BTC) has fallen above the psychological price level of $40,586. The bulls have bought the dips and Bitcoin is trading at...

Bitcoin batters longs as liquidations copy May 2021 run to $30,000

Bitcoin (BTC) has dealt significant pain to bulls in recent weeks, and now, fresh data shows just how much. In a tweet on Jan. 10, on-chain analytics firm Glassnode revealed that those longing BTC had...

Binance CEO’s $96B Fortune Is Worth Double Satoshi’s Bitcoin Stash: Report

Changpeng Zhao, CEO of crypto exchange Binance, has become one of the richest men in the world, with a fortune of $96 billion, per Bloomberg’s Billionaires Index.  The near-$100 billion dollar wealth ...

Bitfarms Buys $40 Million Bitcoin – Trustnodes

Bitfarms, the stock traded bitcoin miner has announced they bought 1,000 bitcoin during the first week of January, worth $43 million. “Our guiding company strategy at Bitfarms is to accumulate the mos...

WisdomTree: Bitcoin is like gold

During a recent interview, WisdomTree’s Global Chief Investment Officer Jeremy Schwartz said that Bitcoin plays a similar role to gold.  The WisdomTree ETF WisdomTree is a $76 billion-plus asset manag...

Kosovo Police Seize Hundreds of Bitcoin Mining Machines Amid Electricity Shortages

Police in Kosovo reported the seizure of more than 300 Bitcoin mining devices since the raids against miners began last week. On January 6, police said it confiscated 67 mining devices “suspected to b...

Bitcoin (BTC) Struggles With $40,000 Level After Suffering Bearish Week

Bitcoin (BTC) is still trading above some important horizontal support levels but is not showing any decisive bullish signs. Bitcoin decreased considerably during the week of Jan 3-9, falling to a low...

5 Top Crypto to Buy this Week [BTC, ETH, SOL, BNB, ADA] January Week 2 2022

The crypto space began 2021 with a bang with record highs shown in the first half of the year. In 2022, the nascent industry has taken a more subdued form as most blockchain-based assets are currently...

Spanish Lawmaker Tables a Proposal to be Bitcoin Mining Hub after Kazakhstan Internet Shutdown

Maria Munoz, a member of the Congress of Deputies, seeks to make Spain a Bitcoin mining hub while the turmoil is still rocking Kazakhstan. Munoz pointed out: “The protests in Kazakhstan have rep...

Bitcoin Boom: Central Banks Examining How To Launch Digital Versions Of Their Own Currencies

The crypto industry witnessed an advanced surge, with Bitcoin touching all-time highs. 2021’s beginning marked Bitcoin trading at $29,000, which reached $68,000 in October, up a 130% surge. MicroStrat...

Electric Car Owner Says His Hacked Tesla Model 3 Mined up to $800 a Month Mining Ethereum – Mining Bitcoin News

According to the 2018 Tesla Model 3 owner, Siraj Raval, he mined up to $800 a month in crypto assets with his hacked-out electric car. Similarly, Chris Allessi, the owner of a Tesla Model S tethered a...

Bitcoin Struggles at $42K Ahead of New Week, AVAX Up 6% (Market Watch)

Following the latest price corrections, bitcoin attempted a quick recovery in the past 24 hours but was stopped at its tracks at nearly $43,000. Most altcoins are slightly in the green, while a few ha...

Bitcoin Approaches Death Cross as Goldman Foresees 4 Fed Rate Hikes This Year

They call it bitcoin’s “death cross” – a bearish indicator which appears when the 50-day moving average (MA) dips below the 200-day MA. The ominously-named chart pattern looks set to be confirmed this...

Bitcoin Bull Uplift the Price Above $42K, How Long Will it Sustain At These Levels?

‘$40,000’, currently is not less than a nightmare for Bitcoin and the entire crypto space as all eyes lie on these levels throughout the past week. The most dominant asset has never appeared so vulner...