According to some mining experts, the Bitcoin network hashrate could face a 30% contraction just after the next halving, expected in April 2024. As miners’ rewards shrink, miners’ profitability will d...
Category: Bitcoin
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Bitcoin-focused MicroStrategy stock has 22% upside – analyst says
TD Cowen analyst sees upside in MicroStrategy to $520. Lance Vitanza explained his bullish view in a research note. MicroStrategy stock has already tripled since the start of 2023. MicroStrategy Inc h...
Bitcoin Support from Famous Billionaire Tim Draper! “The Dollar Will Pass!”
American venture capital investor, Tim Draper, remains steadfast in his belief in Bitcoin, even in the face of the challenging bear market of 2022. In a recent appearance on FOX Business’s “The Claman...
Don’t Change The Channel! Why Bitcoin Could Target $42K If Uptrend Holds
Bitcoin, the world’s largest cryptocurrency by market cap, has traded at or near $30K per coin for the better part of 2023. Throughout the year, an uptrend channel has formed that is currently still h...
XDC soars over 11% as Bitcoin continues to range
XDC Network (XDC) is up by more than 11% in the last 24 hours, representing a nearly 100% increase on the monthly timeframe. Amidst weeks of Bitcoin (BTC) fluctuating between the narrow range of $29,0...
Tim Draper Explains Why Bitcoin Will Rise Above Fiat
The American venture capital investor Tim Draper predicted that bitcoin’s price will surge in the future due to the cryptocurrency’s advantages over fiat currency. The billionaire claimed in 2020 that...
Stellar(XLM) Surpasses Bitcoin With Most Crypto Off-Ramps
Stellar leads crypto off-ramps, surpassing Bitcoin threefold. Stellar’s mission is to empower the unbanked through 475,000 cash-to-crypto stations. XLM surges 14.39% in 24h. Stellar, the decentralized...
Bitcoin Cash Miners’ Withdrawals Spell A Bearish Trend For BCH
While Bitcoin Cash saw a renewed interest from investors leading to a surge in price late last month, things seem to have cooled down at the moment. Recent data shows Bitcoin Cash miners have been wit...
Bitcoin bull run next? Bitfinex stablecoin ratio ‘blows up’ in 2023
Bitcoin (BTC) is facing the prospect of a “big bull move” as stablecoin buying power returns, on-chain data hints. Analysis courtesy of on-chain analytics platform CryptoQuant now shows stablecoin sup...
Enhancing Profitability of Wind and Solar Through Bitcoin Mining
In conclusion, the “Duck Curve” phenomenon presents a unique challenge in the renewable energy sector, but it also opens up an opportunity for innovative solutions. By absorbing the excess energy duri...
TD Cowen Publishes Bullish Report on Bitcoin And MicroStrategy
Investment banking company, TD Cowen, published a recent report on MicroStrategy and its adoption of Bitcoin, according to documents obtained by Bitcoin Magazine. “MicroStrategy represents a new kind ...
Robert F. Kennedy Jr. Reveals Significant Bitcoin Purchase and Advocates for Crypto-Friendly Policies
Robert F. Kennedy Jr., a prominent Democratic presidential candidate, has confirmed that he invested substantially in Bitcoin earlier this year. In a recent Twitter space event on July 26, Kennedy rev...
DigiToads presale’s $7M target, BTC $30K doubt, XRP $0.8 goal
Crypto markets suffered an unforeseen setback. Market updates showed first Bitcoin’s $30,000 uncertainty before it dipped below and the previous support turned resistance. Momentum still favors XRP, w...
Ethereum (ETH) Price Analysis: ETH is Dominating BTC’s Trading Volume
ETH price hovers above the $1,880 level after noting a 24-hour gain of 1.40%. The surge in Ethereum’s daily trading volume exceeds that of Bitcoin. Ethereum (ETH), the second largest cryptocurrency, s...
Bitcoin, Solana community calls out Coinbase CEO on crypto payment vision
The vision for a future where crypto payments are instant, accessible, and global has ignited a spirited debate among industry leaders on the path toward achieving this goal. As reported by Brian Arms...
Redditor’s hacked Bitcoin is a lesson on the hidden dangers of paper wallets
A Reddit user has become the latest example of why crypto users should be more careful when using wallet generators after the user lost a few thousand dollars worth of Bitcoin (BTC) from their “secure...
Bitcoin’s 60% Rally As US Banks Collapsed Proves BTC Will Usher In a ‘Money Revolution’: Cathie Wood
ARK Invest CEO Cathie Wood says that Bitcoin’s (BTC) huge rally after US regional banks collapsed is one big sign that the crypto king is the future of money. In a new interview with Barron’s, Wood sp...
Bitcoin doesn’t need to change, but…
Bitcoin is over ten years old, but you wouldn’t know it. Almost all of the changes to its inner workings over the years have been quite conservative, leaving us a Bitcoin that Satoshi would easily rec...
Robert Kennedy Jr. reveals buying 2 Bitcoin for each of his 7 children
Democratic presidential candidate Robert F. Kennedy Jr. has confirmed he purchased a significant amount of Bitcoin (BTC) earlier this year — buying two BTC for each of his seven children. Speaking in ...
Bitcoin’s resilience shines as cohort reaches new highs despite market shocks
Quick Take Roughly two years ago, Bitcoin experienced a significant disruption when China enforced a ban on Bitcoin mining. This development caused the cryptocurrency’s value to tumble from $60,000 to...
Bitcoin inverse relationship with dollar weakening
The US dollar is the global reserve currency, meaning it is a key influence on all risk assets Bitcoin has seen its negative correlation with the dollar pick up since the transition to a tight monetar...
Fed’s No Recession Claim Boosts Bitcoin And Crypto
Arguably the most important takeaway from yesterday’s FOMC meeting was that the U.S. Federal Reserve (Fed) is no longer forecasting a recession, which led to a cautious rally in Bitcoin and crypto mar...
Bitcoin Holders Stay Strong Amidst Price Fluctuations and Overvaluation Concerns
In recent price fluctuations, Bitcoin holders have demonstrated remarkable resilience, with almost 69% holding on to gains above the $30,000 mark. Data from cryptocurrency analytics firm IntoTheBlock ...
Bitcoin Is Slowly Gaining Bullish Momentum, $30,000 Price Zone Could Be Recaptured
Key Points: Bitcoin experienced a generally sluggish week but showed a bullish renewal on Thursday. Technical analysis indicates a positive outlook for Bitcoin, as it rebounded from the $29,000 suppor...
Sazmining Establishes Sustainable Bitcoin Mining Facility In Paraguay
Sazmining, a hosted Bitcoin mining provider committed to 100% renewable energy, has set its sights on South America with the establishment of a new facility in Paraguay. Slated to commence operations ...
What would you do if a hacker stole all your bitcoin?
It’s the heat of a bitcoin bull market and you’ve just been phished for all your crypto. If you’re anything like Colorado resident Andrew Schober, you’d turn to Reddit. Back in 2018, Schober unknowing...
Crypto Analyst Breaks Down Bitcoin (BTC), Chainlink (LINK) and Shiba Inu (SHIB) Rival Dogecoin (DOGE)
A widely followed crypto trader believes that today and tomorrow’s price action for Bitcoin (BTC) are of major importance. Crypto analyst Michaël van de Poppe tells his 661,300 Twitter followers that ...
Is a Crash to $27K Imminent for BTC? Key Factors to Watch in the Coming Days
Bitcoin’s price is yet to recover above the $30K level after falling below a few days ago. However, the price is currently being supported at around $29,000. Technical Analysis By: Edris The Daily Cha...
Optimistic forecasting on the price of Bitcoin
For the past few days, there has been some optimistic forecasting circulating regarding the long-term price trend of bitcoin. However, it is important to specify that these are predictions made by bi...
Bitcoin Remains Steady as Fed Raises Interest Rates to 22-Year High
Alex Dovbnya Bitcoin showed an impressive display of resilience Tuesday as the Federal Reserve announced a hike in interest rates to their highest level in over 22 years The U.S. Federal Reserve has h...
Early Bitcoin (BTC) Investors are Buying Borroe ($ROE)
The surest way to become a crypto millionaire is to invest in a high-potential token early and wait for it to gain massive adoption before selling for astronomical profit. Nobody understands this roa...
RFK Jr. Confirms $BTC Purchase
Democratic presidential candidate Robert F. Kennedy Jr. confirmed his recent purchase of a significant amount of Bitcoin earlier this year. Putting His Money Where His Mouth Is Kennedy had been previo...