Bloomberg Intelligence’s senior macro strategist Mike McGlone is outlining his bearish outlook on Bitcoin (BTC) after the crypto king’s strong performance in the first half of the year. McGlone tells ...
Category: Bitcoin
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Technicals Suggest BTC’s Price Likely To Drop In Next 24-48 Hours
Glassnode revealed on Twitter that the number of BTC addresses holding 1K+ coins has reached a new 1-month low. In addition to this, the BTC supply last active for 5+ years reached a new ATH. At press...
Bitcoin Whales Buy 57K BTC Amid Crypto Market Downturn
The price of bitcoin has dropped ten percent since April 9. But in that same time, whales holding between 100 and 10,000 BTC have accumulated an additional 57,578 BTC, analysis by Santiment reveals. T...
Over 50% of BTC on Exchanges Have Moved Outside the US Due to Regulatory Uncertainty: Data
Due to unclear regulations in the United States, more than half of the bitcoin (BTC) that crypto firms hold for their customers has moved to offshore and international exchanges. According to a Crypto...
Bitcoin: HODLers unperturbed despite market volatility
BTC holders grabbed the chance to top up portfolios amid recent discounts. Ancient coins increased spending, but whales may have filled the gap. Over the last few days, Bitcoin’s [BTC] price has been ...
Solo bitcoin miner beats odds to mine BTC despite record high difficulty
On June 9, at block height 793,607, a solo bitcoin (BTC) miner successfully mined a block through a mining service provider, solo.ckpool. Solo bitcoin miner wins The feat meant that the bitcoin mine...
Hut 8 Mining mined 147 BTC in May, Bitcoin hash rate slumping
In May 2023, Hut 8 Mining, a crypto miner based in Toronto, Canada, and one of North America’s largest publicly traded mining firms, mined 147 bitcoin (BTC). This news comes when the Bitcoin hash rate...
Don’t Sell Your Bags Yet: Bitcoin’s Track Record Proves It Will Always Bounce Back
Bitcoin has been around for over a decade now, and it has faced its fair share of criticism and FUD (fear, uncertainty, and doubt) along the way. However, Bitcoin has always managed to come back stron...
Mysterious Bitcoin Whale Moves Over $36,000,000 in BTC After Sitting Dormant for 10 Years: On-Chain Data
A mysterious Bitcoin (BTC) whale is on the move, abruptly relocating tens of millions of dollars worth of the crypto king after holding the trove for over a decade. Citing new on-chain data, CryptoQua...
The Journey Of Bitcoin Legalization In El Salvador: A Two-Year Review And Future Prospects
Two years have passed since El Salvador became the first nation in the world to recognize Bitcoin as legal tender. It’s unclear how the decision will ultimately affect the nation, which was received w...
SHIB up +10.66%, BTC +1.24%, Shiba Inu is The Coin of The Day – Daily Market Update for Jun 11, 2023 | CoinCodex
Key highlights: The total cryptocurrency market cap increased from $ 1.05T to $ 1.06T in the past 24 hours, representing a 0.82% change The Bitcoin price at press time is $ 25,817 after growing by 1.2...
Sparklo (SPRK) Ahead of the Curve as Monero (XMR), Bitcoin Cash (BCH) see Price Twists
As market prices swing from one end to the other, Sparklo is increasingly becoming a pacesetter and ahead of other cryptocurrencies in a highly volatile crypto market. The Sparklo project has garnered...
What’s Next for Bitcoin (BTC), Ethereum (ETH), & Ripple (XRP) Prices in the Coming Week?
Bitcoin (BTC) Price Analysis The Bitcoin price witnessed a massive dump of over 3.38% in the past 24 hours, dragging the global market cap by nearly 6%, which is approaching the $1 trillion mark. The ...
Bitcoin: Will bearish sentiment let up next week?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. A shorting opportunity could present itself amids...
‘Black Swan’ author Nassim Taleb lashes out at Bitcoin and says it’s ‘transformed into a cult’
Bitcoin is an ineffective cult that not even “bad guys” want to join anymore, said the author of The Black Swan, a bestselling book on the extreme impact of outlier events. Cryptocurrency falls short ...
SEC Seeks To Take Satoshi Nakamoto To Court With Lawsuit Against Bitcoin
Key Points: According to a source from famous cryptocurrency trader Ash Crypto, the SEC has just filed a lawsuit against Bitcoin and wants Satoshi Nakamoto to appear in court. The Sec once asserted th...
Trader Claims Bitcoin Price Will ‘Sprint’ Toward $40,000 In The Near Future
Table of contents Mikybull – $30,000 could signal 60% gain for Bitcoin Mikybull Crypto sees ‘inverse head-and-shoulders’ for Bitcoin Bitcoin cost has been a subject of extraordinary ...
Bitcoin: Traders bet on sideways momentum for BTC as…
Bitcoin’s Implied Volatility begins to decline. Options market expects sideways momentum for BTC in the future. Price and velocity declined, indicating low transaction activity around BTC. Bitcoin’s p...
Will $BTC Price Sustain $25000 Under Current Market Sell-off?
Published 4 seconds ago Bitcoin Price Analysis: On June 11th, the crypto market witnessed a sharp sell-off and tumbled several cryptocurrencies to lower price analysis. Earlier today, the leading cryp...
Bitcoin trades at a discount on Binance.US after major announcement
The latest blow by Binance.US triggered a BTC selling wave. The week’s events led to a steep decline in BTC exchange supply. Bitcoin [BTC] traded at a slight discount on Binance.US during 9 June tradi...
Bitcoin Price Analysis: Sharply Lower to 25474
BTC/USD Races Lower to 25474: Sally Ho’s Technical Analysis – 11 June 2023 Bitcoin (BTC/USD) extended its recent depreciation early in the Asian session as the pair was pressured back below the 26000...
Bitcoin and Tether Dominance Surge as Investors Seek Shelter
Bitcoin, the top cryptocurrency by market cap, and Tether, the most popular stablecoin, have boosted their share of the total crypto market. Measured as a percentage of the total crypto market capital...
Bitcoin Price Set To ‘Sprint’ Toward $40,000, This Prominent Trader Claims
Bitcoin’s price has captivated the financial world, attracting investors and enthusiasts’ attention. In an exciting development, renowned trader Mikybull Crypto has identified a long-term chart featur...
Bitcoin (BTC) Price Analysis for 10 June 2023: ‘A Strong Sell Signal’
Bitcoin (BTC), the leading cryptocurrency, is experiencing a bearish sentiment, as indicated by various technical analysis indicators. While these indicators provide valuable insights into potential p...
Jack Dorsey Is Defending Several BTC Developers Against Craig Wright
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Jack Dorsey is creating what he’s calling the “Bitcoin Legal Defense Fund” that will, according to a recent statem...
How the U.S. Debt Ceiling News May Impact Bitcoin, Ethereum, and Altcoins: Avorak’s Survival Strategy
The United States debt ceiling has been a hot topic of debate as the country’s debt keeps rising. Congress is responsible for setting this debt ceiling, and they set the limit of the amount of debt th...
EU needs further efforts to implement crypto regulations: Btc. x CEO
Christian Anders, the CEO of Btc. x has said that despite the Markets in Crypto Assets (MiCA) being signed into law, the European Union (EU) might need to do a lot of more lobbying of different regula...
Bitcoin Exchange Outflow Hits 1-Month High, BTC Price Pump Incoming?
Crypto News: The regulatory crackdown on cryptocurrencies by the US Securities and Exchange Commission (SEC) has sent shockwaves through the broader crypto market, leading to a significant downturn. M...
Bitcoin Crash to $25,600! Downward Trend Continues, where to next?
In a recent move that sent shockwaves through the cryptocurrency market, the US Securities and Exchange Commission (SEC) labeled several tokens as securities, prompting investors to rapidly offload th...
Bitcoin price avoids 3-month lows as crypto dive liquidates $390M
Bitcoin (BTC) challenged three-month lows into June 10 as altcoins in particular felt the heat from United States regulatory pressure. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Altc...
How I Missed The Early Days Of Bitcoin
This is an opinion editorial by Enza Coin, a Bitcoin-focused investor and content creator. The other day I was looking through my closet and found a pair of my old FitFlops. Does anyone remember these...
Bitcoin, Ethereum, Tether dominance rises as cybersecurity & fan tokens defy markets
Bitcoin dominance is rising as crypto investors attempt to decipher the impact of the recent SEC lawsuits against Coinbase and Binance. Investors appear to be converting tokens proposed as securities ...