Europe’s largest Bitcoin miner, Northern Data, is exploring the potential divestment of its mining division, Peak Mining, as part of a strategic shift to focus entirely on its rapidly growing AI Solut...
Category: Bitcoin
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Bitcoin May Be Stuck Below $70,000 Milestone, But Hash Rate Just Hit A New All-Time High ⋆ ZyCrypto
Advertisement     Bitcoin’s price action is displaying bearish momentum. After briefly touching a high of $69,431 Monday morning, BTC quickly retreated to sub-$67,000 levels, but at le...
Bitcoin miner Revolve Labs proposes $60m data center in Minnesota
Colorado-based Bitcoin mining company Revolve Labs has announced plans to build a $60 million data center in Glencoe, Minnesota, as part of its effort to expand its mining capacity. The proposed faci...
Bitcoin labeled a “useless piece of paper” as FED Bank of Minneapolis cites its lack of intrinsic value
Key Takeaways Bitcoin criticized by Federal Reserve Bank for lacking intrinsic value and destabilizing fiscal policies. Proposed solutions include taxing or banning Bitcoin to restore fiscal control. ...
Analyst Benjamin Cowen Issues Bitcoin Warning As BTC Dips To Start the Week – Here’s His End-of-Year Outlook
A widely followed crypto analyst is issuing a Bitcoin warning after BTC‘s failed breakout and dip to the $66,000 range early Monday. In a new video update, crypto strategist Benjamin Cowen tells his 8...
Cardano Founder Shares Bold Vision for How ADA Will Surpass $1.35T Bitcoin
Cardano founder Charles Hoskinson has shared his bold outlook for the Cardano network, asserting that ADA would surpass the $1.35 trillion crypto, Bitcoin. He made this assertion during his keynote pr...
Predictions for Bitcoin Price and Altcoin Season
As economic uncertainty and geopolitical changes continue, investors are looking for clarity on where the markets may be headed by year-end. Crypto expert and investor Jason Pizzino offers his insight...
Could Bitcoin Navigate Volatility and Test the $70,000 Threshold Again?
Bitcoin has encountered significant resistance as it tests the upper limits near $70,000. The leading cryptocurrency has dropped approximately 3% from its recent peak of $69,566, prompting traders to ...
$10 Million Bitcoin Price Possible
The ECB criticized Bitcoin proponents for overstating its future market capitalization and focusing primarily on its investment potential rather than its functional role as an economic asset. Despite ...
Options Traders Are On The Rise! They Are Expecting $80,000 In Bitcoin (BTC) By This Date!
Options traders are expecting more upside in Bitcoin as the US presidential election approaches. Speaking to The Block, Bitwise European Head of Research André Dragosch said that Bitcoin options trade...
Traders Rally Behind Plus Wallet for Bull Run Boosts, BTC & MetaMask Updates
Traders Rally Behind Plus Wallet for Bull Run Boosts, BTC & MetaMask Updates No Result View All Result Source: https://blockchainreporter.net/plus-wallet-a-must-have-for-next-crypto-bull-run-more-...
Bitcoin Price Dips Below $67K, Pausing Hopes for ATH Rally
Bitcoin’s price took a turn for the worse in late Monday evening in Europe. The sellers have reappeared and established control, pushing the cryptocurrency below $67,000, losing about 2.5% in the past...
ECB Urges Public To Advocate for Laws Against Bitcoin, Says BTC Rallies Impoverish Rest of Society
The European Central Bank (ECB) is asking the public to advocate for laws against Bitcoin (BTC), claiming that every time the crypto king rallies, it financially drains the rest of society. In a new r...
Could Bitcoin Approach $70,000 Amid Growing Risk-On Sentiment and Institutional Demand?
Bitcoin is approaching the $70,000 mark, fueled by investor optimism and increasing demand across various sectors. The crypto market is seeing notable gains in equities and retail participation, indic...
Bitcoin (BTC) Price Pulls Back Below $67K as Crypto Rally Cools
Checking possible catalysts for today’s action, one need look no further than the recent price movement: bitcoin had risen in near-continuous fashion since dipping to just under $60,000 eleven d...
Bitcoin NUPL Indicator Signals Potential Uptrend
In a recent analysis, crypto analyst and CryptoQuant contributor Tugbachain highlighted that the Net Unrealized Profit/Loss (NUPL) for Bitcoin (BTC) is currently at 0.52. This metric suggests a possib...
What The ECB Gets Wrong About Bitcoin
Follow Frank on X. Last week, Ulrich Bindseil and Jürgen Schaaf of the European Central Bank (ECB) published a paper entitled “The distributional consequences of Bitcoin” in which they made a host of ...
Crypto Platform Suffers Attack, BTC Falls
A recent cyber attack on a major cryptocurrency platform has led to a significant drop in Bitcoin’s price, falling nearly $2,000 to approximately $67,000. This incident, reported by ZachXBT, raises co...
Minneapolis Fed Calls for Bitcoin Ban to Control Deficits
Minneapolis Fed suggests banning or taxing Bitcoin to maintain deficits. Bitcoin is labeled as a “private-sector security” without real claims. The Federal Reserve Bank of Minneapolis has recently pro...
Optimism for Republican Win Drives $2.2 Billion in Weekly Inflows into BTC, ETH Products
As the US presidential race becomes more intense with less than a month away until Election Day, data from last week suggests that digital asset inflows have surged to $2.2 billion. This figure marked...
Bitcoin Price Consolidation at $68,000: Analyst Predicts Potential Bullish Reacceleration Ahead
According to recent insights from COINOTAG on October 21, BRN analyst Valentin Fournier pointed out that while institutional support for cryptocurrency remains robust, there is a noticeable decrease i...
European Central Bank Officials Find $10 Million Bitcoin Price Target ‘Plausible’ — But With One Big Catch ⋆ ZyCrypto
Advertisement     Two European Central Bank officials have taken the cryptoverse by storm after saying an eight-figure price target for Bitcoin is attainable. The officials recently ag...
BlackRock’s $26b Bitcoin ETF crowned fastest growing fund
Wall Street’s demand for Bitcoin products surged last week, with $1.1 billion in new cash captured by BlackRock’s spot Bitcoin exchange-traded fund. Bitcoin (BTC) has become a major focus for U.S. wea...
Bitcoin Sees Multi-Month High as 320K+ Addresses Prove Strong Support
The premier crypto asset, Bitcoin, consolidates near its past peak, as data shows over 320K active addresses engaged within the current range. Bitcoin began the week on a strong note, reaching a multi...
9 AI Chatbots Forecast Bitcoin’s Price Under Trump vs. Harris—Here’s What They See
On Oct. 20, 2024, bitcoin’s price broke past the $69,000 mark, leaving many in the market eager to see what’s next. With the 2024 U.S. elections approaching, bitcoin (BTC) prices could swing unpredict...
Bitcoin Traders Explore $80,000 Call Options Amid Key November Events, Hinting at Potential Bullish Sentiment
Bitcoin options traders are setting their sights on bullish call options with strike prices exceeding $80,000 for contracts expiring in November. This trend coincides with anticipated market-moving ev...
Litecoin Founder Makes First Comment About LTC ETF Application! “Similares It to Bitcoin!”
While the SEC marked a significant milestone by approving Bitcoin and Ethereum ETFs, spot ETF applications for Solana (SOL), XRP, and Litecoin (LTC) also followed. Canary Capital, which also applied f...
Bitcoin Consolidates Near All-Time High With 320,000 Active Addresses
Over 320,000 active Bitcoin addresses interact at current price levels. Also, 220,000 addresses have an average purchase price of $68,500. Potential support is forming around $68.5K amid strong buying...
Why is Bitcoin Price Crashing Today?
Bitcoin price today is down 2.50% and currently trades at $67,402. This downtrend comes after BTC rallied nearly 1% over the weekend to briefly sweeping the $69,000 level. Why is Bitcoin Price Down To...
Bitcoin Hashrate Hits Record High
Bitcoin hashrate has recently hit a record high, marking a significant milestone for the network. This surge in hashrate means the Bitcoin network is now more secure than ever, as higher hashrates mak...
50-Year Analyst Reveals His Bitcoin and Ethereum Prediction and Which One He Is Long In!
Things are starting to look up for Ethereum, which has been notable for its poor performance against Bitcoin lately. Analyst Peter Brandt, who has 50 years of experience, pointed out in his post today...
Exploring Bitcoin’s Prospects: Could a Surge Toward $80,000 Be on the Horizon Amid Volatile Markets?
The crypto market remains a focal point for investors amidst evolving economic dynamics. An insight from seasoned investor Jason Pizzino suggests that Bitcoin may not follow typical market correction ...