Bitcoin Addresses in Profit Slip to 5-Month Low, Consolidation Continues

Stepping into 2022, Bitcoin (BTC) falls below the psychological price of $50K, and the leading cryptocurrency has been consolidating between $46,000 and $49,000 ever since. As a result, profitability ...

Bitcoin Cash price prediction after the hawkish Fed minutes

The Bitcoin Cash (BCH/USD) price retreated to the lowest level in a month after the warning from the Federal Reserve. It is trading at $396, which is about 75% below the highest level in 2021. Federal...

Bitcoin Plunges Below Key Support, Turn Sell On Rallies

Bitcoin declined sharply below the $45,500 support against the US Dollar. BTC could recover, but upsides might be limited above $45,000. Bitcoin gained pace below the key $45,500 support zone. The pri...

Why Kevin O’Leary thinks NFTs could become bigger than Bitcoin

Millionaire investor and crypto proponent Kevin O’Leary thinks that the NFT sector could be worth more than Bitcoin in the future. Speaking with CNBC’s Capital Connection on Jan. 5, O’Lear...

Bitcoin’s Sideways Action Continues, But Bearish Signs Pop (BTC Price Analysis)

Bitcoin’s sideways action continues. Since 2022 began, the bitcoin price has been trading inside a tight range of roughly $2K. This is very untypical for Bitcoin and usually ends with a massive move i...

Bitcoin Slumps to Its Three-Month Low, Key Metrics to Watch

In another major flash crash of the broader cryptocurrency market, the Bitcoin (BTC) price has dropped to a three-month low! As of press time, the world’s largest cryptocurrency is trading 6.21% down ...

El Salvador Drafts 20 Bills for Legal Structure of Bitcoin Bonds — Funds to Be Used to Build Bitcoin City, Buy BTC – Regulation Bitcoin News

El Salvador is preparing to introduce 20 bills to provide a legal framework for its upcoming bitcoin bonds. The funds raised will be used to build infrastructure for Bitcoin City and buy more bitcoin,...

Bitcoin Tanked After the Fed Minutes Were Released. Here’s Why.

Text size Proponents of Bitcoin argue that its limited supply should make it an inflation-proof asset akin to gold. Dreamstime Bitcoin slid sharply after the Federal Reserve released minutes of its De...

Bitcoin Falls 5% as Fed Confirms Interest Rate Hikes

Key Takeaways BTC fell by roughly 5% today, while ETH and the remainder of the crypto market saw losses of upward of 6%. Those losses coincide with similar but more moderate losses in the stock market...

Bitcoin Falls of 2021 – What We Can Learn Going into 2022

Bitcoin falls: Despite ending the year with an appreciation of more than 60%, Bitcoin (BTC) underwent major corrections and price drops in 2021. What goes up, must come down. And in bitcoin’s case, th...

Where Are Bitcoin Prices Heading Next After Today’s Move Toward $42,000?

Bitcoin prices may be headed for short-term gains, said several analysts. (Photo by Dan … [+] Kitwood/Getty Images) Getty Images Bitcoin prices suffered a modest pullback today, falling roughly ...

SEC Delays NYDIG’s Spot Bitcoin ETF Proposal by Two Months

The United States regulatory watchdog – Securities and Exchange Commission (SEC) – has delayed the ruling on NYDIG’s proposal for a spot bitcoin exchange-traded fund by 60 days. The original deadline ...

Iran Orders Shutdown Of Authorised Bitcoin Mining Centres ⋆ ZyCrypto

Advertisement &nbsp &nbsp Key Takeaways Iran places a three-month ban on Bitcoin mining. The move will see up to 206 megawatts of electricity freed up to meet household energy...

Defi Lending Startup Aave Launches Permissioned Platform to Entice Financial Institutions – Defi Bitcoin News

On January 5, the open-source non-custodial decentralized finance (defi) lending platform Aave launched a permissioned version of the protocol aimed at institutions. The platform dubbed Aave Arc will ...

Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%

On Wednesday, Kazakhstan, the second-largest country in the world when it comes to Bitcoin (BTC) mining hash rate, experienced unprecedented political unrest due to a sharp rise in fuel prices. As a r...

BTC/USD Loses Support at $45k as Bitcoin Slumps to $42.5k Low

BTC/USD Declines Sharply as Bitcoin Slumps to $42.5k Low– January 5, 2022 Bitcoin’s (BTC) price has continued to trade in a narrow range as Bitcoin slumps to $42.5k low. Since December 29, BTC/USD has...

‘Interesting future’ ahead for crypto, as Goldman Sachs backs $100k prediction for Bitcoin

The year 2021 might go down in history as being one of the most significant for the growth of cryptocurrencies, as the industry finally broke out into the mainstream with skyrocketing adoption and acc...

New On-chain data reveals Bitcoin is well positioned for a bullish takeoff

Bitcoin’s price has been trading between a high of around $51,600 to a low of around $46,000 in the last week. On-chain data has also been showing a “general lack of activity” since entering 2022. Des...

Kevin O’Leary on why he thinks NFTs will become bigger than bitcoin

“Shark Tank” investor Kevin O’Leary is a big believer in non-fungible tokens — he even thinks they have a shot at becoming bigger than bitcoin. O’Leary, the chairman of O’...

Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests – Mining Bitcoin News

Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has already deployed over 10,000 pieces of ...

Fuel price protests escalate in Kazakhstan causing internet blackout for its Bitcoin miners

Spurred by a sharp rise in fuel prices, raging protests in Kazakhstan brought about a nationwide internet blackout. Following the US, Kazakhstan counts as the second-largest country when it comes to m...

Bitcoin, Ethereum and Stock Prices Fall as Fed Readies Interest Rate Hike

“Buy the dip!” Bitcoin proponents will tell you. But how do you know when BTC is done dipping? The price of Bitcoin is down again, shedding over 6% of its price tag in 24 hours. Since Dece...

Congress is preparing an oversight hearing on Bitcoin mining’s environmental impact: sources

advertisement A Congressional subcommittee is preparing a hearing to examine the environmental impact of cryptocurrencies, especially bitcoin mining, three sources with knowledge of the matter have to...

Bitcoin Plunges Below $43K As Wall Street Tumbles

The crypto market is tanking following a negative day on Wall Street, taking Bitcoin’s price to lows it hasn’t seen in 3 months.  Hours ago, the primary cryptocurrency was trading in the upper $46k ra...

Kazakhstan’s Internet Shutdown Drops Bitcoin Hashrate by 12%, will it impact BTC price?

Bitcoin could see some price volatility in the near term resulting from civil unrest going on in Kazakhstan. Following prolonged protests in the Central Asian country, the president declared a shutdow...

Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates

Bitcoin (BTC) and the wider cryptocurrency market fell under as equities markets pulled back at the closing bell after minutes from the Federal Reserve’s December FOMC meeting showed that the re...

“Bitcoin Is In The Early Stages Of A Brutal Bear Market”, Says Critic As BTC Risks Plunging Below $40k ⋆ ZyCrypto

Advertisement &nbsp &nbsp Bitcoin has been getting a lot of criticism from skeptics, who in the usual fashion point out the possible pushback that the benchmark cryptocurrency...

Kazakhstan Government Shuts Down Internet As Bitcoin Hashrate Dips By 13%

Following the political unrest in the country that saw the sitting cabinet resigning, the Kazakhstan government has now shut down the nation’s internet with immediate effect. And while there is no tim...

Bitcoin Dips Below $44K, Crypto Economy Drops 4.5%, Traders Rush to Stablecoins – Market Updates Bitcoin News

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...

Bitcoin’s price hits 1-month low as US stock prices fall

advertisement Bitcoin’s price fell to a one-month low on Wednesday amid a broader decline across stock markets. The macro picture was a cloudy one as US stock markets closed Wednesday. The Feder...

Billionaire Hedge Fund Manager Warns Bitcoin Can Be Bought at Cheaper Prices, Says BTC ‘for Speculators’

Jeffrey Gundlach, billionaire and founder of investment firm DoubleLine Capital, is issuing a warning to investors about Bitcoin (BTC). In a new interview with Yahoo Finance, Gundlach says even though...

Bitcoin Market Dominance Hits Lowest Level Since 2018

In brief Bitcoin’s market dominance continues to sink as investors look to other cryptos. Right now it stands at 37.28%—the lowest since 2018. Bitcoin’s market dominance has continued to sink—an...