As the government of Kazakhstan claims the country’s power services are stabilizing, thus the Bitcoin hashrate could be on its way to recovery. However, is the situation stable enough for Bitcoin mini...
Category: Bitcoin
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Smart Contracts May Soon Arrive on Bitcoin Blockchain Through This Integration: Details
A recent integration may soon usher in smart contracts on the Bitcoin blockchain. In a three-phase process, Internet Computer (ICP) is working on direct integration with the Bitcoin blockchain. 1/ #BT...
Bitfarms buys $43.2 million in BTC
TL;DR Breakdown • Canadian crypto-mining awaits the rebound of the leading cryptocurrency.• Bitfarms discloses that over 70 percent of its funds are in Bitcoin. Recently the Canadian crypto-mining com...
1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High – Mining Bitcoin News
Global bitcoin mining company Bitfarms has bought the dip and added 1,000 bitcoins to its balance sheet while the prices of mining hardware remain high. The company’s corporate treasury now holds more...
Crypto Markets, Bitcoin (BTC) Kickoff 2022 on a Bear Note
The start of 2022 has not been so kind to cryptocurrencies and Bitcoin. The flagship crypto’s prices have plunged, and it could be attributed to social fears and a spike in traders’ interest in other ...
Bitcoin Discount? Peter Brandt On Why You Shouldn’t Buy The Dip
Bitcoin has been dropping consistently for the past week and the crypto market has lost over $500 billion following this dip. Like with any crash, there have been the expected calls of ‘buy the dip’ f...
Bitcoin price bounces to $41.5K, but derivatives data shows traders lack confidence
Bitcoin (BTC) briefly reached its lowest level in five months this Monday at $39,650, marking a 42.6% drawdown from the all-time high present on Nov 22, 2022. Some argue that a “crypto winter” has alr...
UniCredit against Bitcoin: protest on Twitter
On Friday, Italian bank Unicredit posted a tweet on its official profile in which it says it is prohibiting its account holders from interacting with counterparties that issue virtual currencies or ac...
Bitcoin makes up half of billionaire Bill Miller’s investment portfolio
advertisement In a recently released interview from December with WealthTrack, the billionaire Bill Miller says that over half of his personal wealth is in bitcoin and other cryptocurrency-related inv...
Bitcoin Cash price analysis: Bearish setback pulls BCH price down to a yearly low of $359
TL;DR Breakdown Bitcoin Cash price analysis is bearish today. Support for BCH/USD is present at $354. Resistance is present at $384. The Bitcoin Cash price analysis shows the coin crashed hard as the ...
Here’s How Much El Salvador’s Bitcoin is Currently Worth
The Central American nation of El Salvador entered into the pages of history as the first country to officially adopt bitcoin as a legal tender on June 9, 2021. Subsequently, the country went on a bit...
Trader Who Called Bitcoin Top and Subsequent Crash to $40,000 Details What’s Next for BTC
Late last year, a crypto trader managed to accurately predict Bitcoin topping out above $60,000 for the second time, and then crashing down to the $40,000 level. Now, traders are waiting to see if the...
Bitcoin and Other Assets Expected to Hit New Lows in Coming Weeks
2022 has not started off well for most cryptocurrency traders. At the time of writing, bitcoin – the world’s number one digital currency by market cap – as well as many of its altcoin cousins are expe...
Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom
Bitcoin has been on a downward streak since the last quarter of 2021, and this has spilled into the new year. As January goes into full bloom, it has come with discouraging movements for investors as ...
As Bitcoin Dips, Seasoned Trader Tone Vays Says BTC Just Flashed Mega Bullish Signal
Veteran trader Tone Vays says one Bitcoin (BTC) indicator that historically leads to crypto rallies just started flashing bullish signals. In a recent YouTube update, Vays tells his 118,000 subscriber...
Five Things To Watch Out In Bitcoin, Ethereum, And Cardano This Week!
The new week has begun on a strange note as the market leaders BTC, ETH, and ADA are trading at the same position that they were this time last year. There are heated predictions running around the ma...
Why Billionaire Investor Bill Miller Is Betting Big on Bitcoin In 2022
Popular value investor Bill Miller has revealed why he is betting big on Bitcoin (BTC) in 2022. The Founder and Chief Investment Officer (CIO) of Miller Value Partners revealed this during a recent in...
Arbitrum Network Stalled Due to Sequencer Downtime – Bitcoin News
The Arbitrum network, an Ethereum L2 (Layer 2) rollup, experienced some difficulties that caused a complete stop in the production of blocks and the confirmation of transactions. According to reports ...
Bitcoin Keeps Bleeding And Nears $40K, 4 Scenarios For Q1 2022
Bitcoin starts yet another 2022 week in the red with a 2% loss in 24 hours and a 13.5% loss in 7 days. The benchmark crypto has been on a downtrend since the end of 2021 and could potentially dip furt...
Single inactive volcano has 90% chance of powering El Salvador’s Bitcoin City, according to president
El Salvador President Nayib Bukele has claimed officials will be able to use geothermal energy from one of the country’s inactive volcanoes to power its Bitcoin City project. In a Sunday notice, Bukel...
Bitcoin, Ethereum Dip Below Key Psychological Footholds
Key Takeaways Bitcoin and Ethereum both tumbled below key technical and psychological levels earlier today. While the two largest digital assets have since recovered some of their losses, most of the ...
Bitcoin Prices Plunge Below $40,000 To Reach Lowest Since September
Analysts shed some light on what pushed bitcoin below $40,000. (Photo by Chesnot/Getty Images) Getty Images Bitcoin prices fell to less than $40,000 today, trading at their lowest in more than three m...
Bitcoin Price Plunges below $40,000, as Global Crypto Market Sell-Off
On Monday January 10, Bitcoin plunged its price below $40,000 for the first time since September 2021. The negative record therefore heightened a bear trend that began six weeks ago. Today, the lowest...
This Billionaire Just Put Half Of His Entire Net Worth In Bitcoin, Justifies Position With Compelling Reasons ⋆ ZyCrypto
Advertisement     Bill Miller says 50% of his net worth is now in Bitcoin while the other half is tied to Amazon stock. The legendary investor thinks that Bitcoin is l...
Mining Giant Bitfarms Increase BTC Holdings to 4,300, now worth over $175 million
Bitcoin mining firm, Bitfarms Limited (BITF), bought 1000 Bitcoins in the first week of January. The purchase which cost $43.2 million brings the firm’s Bitcoin holdings to over 4300 Bitcoins. Bitfarm...
Bitcoin Open Interest Continues To Rise, Short Squeeze Incoming?
On-chain data shows Bitcoin open interest and estimated leverage ratio metrics have continued to rise recently. This could mean that a short squeeze may be coming soon. Bitcoin Open Interest Rises Des...
Bitfarms purchased more than $43M in Bitcoin to start the new year
Canadian crypto mining firm Bitfarms has already bought 1,000 Bitcoin in 2022, making its total holdings of the crypto asset more than $177 million. In a Monday announcement, Bitfarms said it purchase...
“Yes to my wages in Bitcoin”- The Cryptonomist
New York’s new mayor, Eric Adams, has said he is looking forward to receiving his salary in Bitcoin. NYC Mayor Eric Adams says he hasn’t received his first check yet, but he still plans to take his f...
BTC/USD Tests Major Technical Support at 39684: Sally Ho’s Technical Analysis 11 January 2022 BTC
Bitcoin (BTC/USD) continued to endure weak technical sentiment early in today’s Asian session as the pair eyed a significant amount of upside technical resistance related to selling pressure that emer...
BTC Could Rapidly Drop to $37K If $40K Doesn’t Hold
For the first time since September, Bitcoin dipped below the $40K mark. From the bullish side, the dip was quickly bought, but on the other hand, Bitcoin is still shaky and still at risk of losing the...