When El Salvador adopted Bitcoin as legal tender two years ago, the IMF was scathing of the move, and warned of dire consequences. Two years later and El Salvador is flourishing. IMF against decentral...
Category: Bitcoin
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Nodal Power raises $13M to power bitcoin mining centers with flared methane
Nodal Power is looking to ramp up its practice of converting methane gas from landfills to electricity to power bitcoin mining data centers. The company closed on a $13 million raise this week to cont...
Things Are About to Get Worse for Bitcoin and Ethereum, Says Crypto Analyst Nicholas Merten – Here’s His Outlook
A widely followed crypto analyst says things are not looking good for the top two crypto assets by market cap. Crypto analyst Nicholas Mertens tells his 511,000 DataDash subscribers that Bitcoin (BTC)...
Bitcoin Cash (BCH) Price Dips Below $200: Recovery Ahead?
The Bitcoin Cash (BCH) price has fallen since its yearly high in June. It has nearly reached the $150 horizontal support area. Despite the decline, the daily timeframe offers hope for the possibility ...
Why Dollar-Cost Averaging isn’t an optimal investing strategy for Bitcoin
This is an op-ed article (opposite the editorial page), which means it is an opinion piece written by the author and is intended to provoke thought and discussion. The views expressed in this content ...
Bitcoin Mining News: Jackpot with minimum hashrate
The latest Bitcoin news is about a very curious jackpot in the world of cryptocurrency mining: a single miner, without relying on any collective pool, managed to win the entire sum of 6.25 BTC as bloc...
Bitcoin Hashprice Plummets to Historic Lows: What’s Next?
Alex Dovbnya Checkmate, the lead on-chain analyst at Glassnode, recently shed light on Bitcoin’s hashprice hitting an unprecedented low The Bitcoin hashprice has plunged to an all-time low, acco...
Is It Time To Rise For Bitcoin? Santiment Evaluated!
Last week, the cryptocurrency market suffered a massive crash and Bitcoin fell sharply to $25,000. While the $25,000 level was referred to as the bottom among investors, Santiment shared about investo...
Scorpion Casino Token: Exploring Its Interaction With Stablecoins & Comparing It To Bitcoin Alongside Litecoin For The Crypto Community
Cryptocurrency enthusiasts and members of the crypto community are always on the lookout for well-informed information and insights. In this regard, it is crucial to delve into the Scorpion Casino Tok...
Unknown Bitcoin Wallet Is Third-Largest BTC Holder in World after Collecting More than $3B Worth in Less than 4 Months
Although unknown, many believe the Bitcoin wallet may belong to a major crypto exchange moving money around, or asset manager Blackrock Inc. An unknown Bitcoin wallet has become the world’s third-larg...
Bitcoin’s battle at $26,000 dampens ‘buy the dip’ calls
After Bitcoin (BTC) lost its psychologically important level at $30,000, it has continued to stagnate at around $26,000, leading to the deflation of the initial optimism among the cryptocurrency crowd...
Bitcoin Consolidates Above $26,000 Support As Decline Ends
Aug 22, 2023 at 12:40 // Price The latest price analysis by Coinidol.com report, the Bitcoin (BTC) price is holding above the $26,000 support level after the drop on August 17. Bitcoin price long-term...
3rd Biggest Bitcoin Stash Now Belongs To Unknown Wallet
An unknown Bitcoin wallet has emerged as the global third-largest BTC holder. The wallet used three months to accumulate BTC to climb to its present position in the ranking of holders. Following the r...
Bitcoin (BTC) Price Consolidates as Further Decline Looms
Bitcoin News The 14-day RSI for Bitcoin has touched the 20 level, indicating that the price is oversold. Bitcoin is trading at $26,045 as per data from CMC and is down 11.33% in the last 7 days. The c...
Trigger For Bitcoin And Ethereum Amid Crypto Market Uncertainty
Bitcoin and Ethereum prices tumbled amid a growing uncertainty among traders, which saw more than $1 billion in longs liquidated. The broader crypto market is since under pressure of falling further a...
Bitcoin Dip Worth Buying? What Market Sentiment Suggests
The current sentiment among Bitcoin investors may hold the key to understanding whether the current drop is a buying opportunity or not. “Buy The Dip” Optimism Is Fading In The Bitcoin Market In a new...
Dwindling optimism for Bitcoin ETF approval to blame as weekly crypto outflows hit $55M
Digital asset investment products saw $55 million in outflows for the week of Sept. 13, according to a report from CoinShares. Optimism surrounding what was previously thought to be the impending app...
Bitcoin Price: Oversold Indicators Offer Hope
Alex Dovbnya Amid the backdrop of a recent 10% dip, Bitcoin appears to be showing signs of recovery, rising from a key support level of $24.8K Bitcoin, the world’s foremost cryptocurrency, seems...
Unchained Surges With 170% Growth in Bitcoin Loan Activity During The First Half of 2023
Unchained, a leader in financial services tailored for bitcoin holders, has seen a 170% upsurge in loans backed by bitcoin from the first quarter to the second quarter of 2023, according to a press re...
Critical Indicator For Bitcoin: RSI Drops Below Covid Era Levels!
The world’s leading cryptocurrency, Bitcoin, has shown remarkable signs of being oversold, according to a key technical analysis indicator. Bitcoin Shows Strong Oversold Signals Similar to Covid...
Bitcoin devs rebuff Craig Wright lawsuit over $2.5B lost coins, cite history of forgery
Bitcoin (BTC) developers sued by the self-proclaimed inventor of the flagship digital asset, Craig Wright, have filed preliminary objections against claims that they failed in their fiduciary duty to ...
Could Binance’s Actions Lead to a Bitcoin Crash? Here’s What’s Happening
The leading cryptocurrency exchange by daily traded volume and global registered users, Binance, has seen one of its recent biggest Bitcoin outflows in the past 24 hours amounting to roughly $125 mill...
Jim Cramer: Gold is better than Bitcoin
Jim Cramer, well-known host of the TV show “Squawk on the Street” as well as one of Bitcoin’s biggest detractors, has suggested that investors should ignore the main cryptocurrency and prefer gold ins...
Altcoin Season In Limbo As Bitcoin Dominance Holds Key Support
Market observers are closely eyeing the tussle between Bitcoin and its altcoin counterparts. Bitcoin’s dominance, a critical indicator of its market influence relative to the entire crypto market, has...
Bitcoin Core developer reignites sidechain debate in latest proposal
After a long hiatus, Bitcoin Core developer Luke Dashjr has submitted a rough draft for implementing drivechains, a complex but promising addition to the Bitcoin ecosystem. Drivechains allow the creat...
Less Is More For Driving Bitcoin Adoption: Come For The Curiosity, Stay For The Revolution
This is an opinion editorial by Dave Birnbaum, the product director at bitcoin investing platform Coinbits. Bitcoin is becoming increasingly relevant to everyday people as financial crises prompt disc...
Accumulated 118,000 Bitcoins in 3 Months, Becomes the World’s Third Largest BTC Wallet! Who is the Mysterious Whale?
Investors who know the effect of the halving event, which will take place in 2024 in Bitcoin, on the price, accumulate BTC from the bottom prices before the halving. At this point, according to the da...
Will 2023 be the third ‘green’ year for September in Bitcoin’s history?
September is well-known as a negative month for Bitcoin’s (BTC) price performance, having only shown monthly gains in September 2015 and 2016. For all other years, the coming month was marked as histo...
Bitcoin Ordinals’ volume impresses despite these hurdles. Assessing…
Bitcoin Ordinals Inscriptions recently spiked to one of its highest volumes. Ordinals’ impact on Bitcoin fees has, however, decreased over time. Bitcoin Ordinals initially gained significant attention...
BTC Price Holds $26k As Investors Shun Buying The Dip
Bitcoin’s recent drop to $25,000, although expected by many, has left traders and investors afraid of taking new positions. Sentiment across the crypto market remains negative, made worse by projectio...
Days of ‘Big Bitcoin Pumps’ Are Over, According to Bloomberg Macro Strategist – Here’s Why
Bloomberg Intelligence senior macro strategist Mike McGlone thinks the time of large Bitcoin (BTC) pumps is over. McGlone tells his 59,400 followers on the social media platform X that Bitcoin’s volat...
Bitcoin is undervalued as price consolidated around $26k
Bitcoin (BTC) has been consolidating between $25,800 and $26,100 since Aug. 18. However, market intelligence data suggests that the flagship cryptocurrency is undervalued. According to Santiment, Bitc...