Bitcoin turned higher this week, recording a modest 2% gain. While the largest crypto asset continues to languish below several key levels, the holders’ accumulation over the past several weeks sugges...
Category: Bitcoin
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The Bitcoin Mining Debate Is Ignoring the People Most Affected
New York, along with Texas, has become a hotspot for that debate, and Greenidge has become an unlikely poster child. Though other mining facilities, such as Riot Platforms’ center outside of Austin, T...
These Are the Critical Levels for BTC in the Immediate Term (Bitcoin Price Analysis)
For the past two weeks, Bitcoin has maintained its range-bound price movement. However, there are several indicators pointing toward an imminent breakout. Technical Analysis By Edris The Daily Chart T...
Over $2.2B worth of options for Bitcoin set to expire on May 26
Quick Take Bitcoin has approximately 85,000 options awaiting expiry on May 26, according to Deribit data as of May 23. The leading crypto currently has a 0.38 Put Call Ratio, whereas the maximum pain ...
Bitcoin Price Analysis: 27500 Tested
BTC/USD Tests 27500 Level: Sally Ho’s Technical Analysis – 24 May 2023 Bitcoin (BTC/USD) worked to maintain positive momentum early in the Asian session as the pair reached the 27500 level after buyi...
Bitcoin Could Dip to $7k, Bursting the Bubble
In 2023, Bitcoin surged around 90%, reaching $31k, but a Bloomberg analyst fears BTC could drop to $7,000. Mike McGlone, senior commodity strategist at Bloomberg, argues that Bitcoin is prone to follo...
Bitcoin community reacts to former hedge fund manager Greg Foss’ criticism of Ordinals
Greg Foss blasted Bitcoin Magazine for giving the stage to Udi Wertheimer and Eric Wall during the recent Bitcoin Conference. The former hedge fund manager, now executive director at energy company Va...
PEPE Social Mentions Surpass BTC & ETH But Top Trader Identifies Shorting Opportunity
Pepe Token generates 6.09M social mentions, surpassing Bitcoin and Ethereum combined, while traders caution resistance levels as shorting opportunities. The recently launched meme crypto Pepe Token (P...
Bitcoin Price (BTC) Jumps to Key Price Resistance as Hong Kong Opens Crypto Trading For Retail Investors
“This looks like a non-macro-related spot-based move, and the timing coincides with the news that Hong Kong will allow retail trading of BTC and ETH on licensed digital asset platforms as of Jun...
Bitcoin Network Rolls out BRC-20 Tokens, Learn How Avorak AI Looks to Take Advantage
Non Fungible Tokens (NFTs) are a great subject in the digital currency sphere. They entail a unique tool or digital aspect that only belongs to an owner. The NFT can also be utilized to earn income fo...
Bitcoin’s Looking Less Lively These Days — and That’s Bullish
Converging metrics of decreasing levels of activity and movement of coins by long-term holders, as well as evolving bitcoin ownership, are offering a nuanced view of market directional bias. Livelines...
Bitcoin miner netflows hit monthly lows amid recovery campaign
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The bitcoin (BTC) miner netflows volume has plummeted to -$75,270, marking the lowest point in the past month. This dec...
Human rights activist Alex Gladstein on Bitcoin’s role in the global south
People • May 23, 2023, 10:00AM EDT Episode 49 of Season 5 of The Scoop was recorded with The Block’s Frank Chaparro and Human Rights Foundation Chief Strategy Officer Alex Gladstein. Liste...
XRP Community Reacts to Bitcoin Fan Max Keiser’s Statement: Details
Max Keiser, a proponent of Bitcoin (BTC), tweeted a comment regarding XRP, the sixth largest cryptocurrency by market value, which sparked a response from the XRP community. Keiser replied to a Twitte...
Would the Bitcoin Standard make war unaffordable?
“Make War Expensive Again” is a Bitcoin slogan proposed in a recent tweet by Adam Ortolf from Upstream Data. He maintained that war has become “100% free (+ insanely profitable)” due to governments’ a...
Bitcoin Price Heading To Danger Level; What’s Next $30k Or $25k?
The price of the leading cryptocurrency bitcoin is currently swaying between $27,000 and mid $26,000. At the time of writing, BTC is trading at just above $27,300, nearly 2% up during the day. With to...
Bitcoin reclaims $27,000 amid flat market
In the last 24 hours, the cryptocurrency market saw net inflows of $20 billion and currently stands at $1.14 trillion — up 1.16% from $1.12 trillion. During the period, Bitcoin (BTC) and Ethereum (ETH...
CoinShares Says, Crypto Witness Negative BTC Sentiment in the Week of Outflows
The post CoinShares Says, Crypto Witness Negative BTC Sentiment in the Week of Outflows appeared first on Coinpedia Fintech News Investor sentiment towards digital assets plummeted last week, resultin...
How To Figure Out If You Should Start Mining Bitcoin
This is an opinion editorial by Keaton Reckard, the community engineer at Hiveon, a mining ecosystem that includes an operating system for Bitcoin mining hardware. Bitcoin mining refers to the process...
Bitcoin & Altcoin Trading Volumes Plunge, What Does It Mean?
Data shows the combined trading volume of Bitcoin and the altcoins have hit the lowest value in more than a year. Here’s what this may mean. 7-Day Volumes Across The Cryptocurrency Market Have Dropped...
1 million USDT in prizes, 100 BTC and limited edition NFT rewards on the 5 years of BingX
BingX, one of the most important exchanges worldwide, is celebrating its fifth anniversary with great news and prizes for its users. To commemorate this milestone, the platform has launched an excitin...
Bitcoin of America shuts ATMs in Connecticut following scam concerns
Bitcoin of America has agreed with the Connecticut Department of Banking to cease operations due to lack of licensing. During September 2022- March 2023, net crypto ATM installations fell for four mon...
BTC Price Fails To Bounce Back, Crypto Daily TV 23/5/2023
In Todays Headline TV CryptoDaily News: Dash blockchain stopped processing transactions Dash, a blockchain powering the namesake privacy-focused coin, stopped processing transactions and producing new...
Machine learning algorithm sets Bitcoin price for June 1, 2023
After dropping below $27,000, the price of Bitcoin (BTC) has successfully recovered and surpassed the significant price level once again. However, Bitcoin is encountering resistance in the vicinity o...
US crisis: better Bitcoin or gold as a refuge?
The macroeconomic scenario is getting more and more complicated: following the latest revelations about the US debt ceiling crisis and a possible default of the world’s first superpower, there are alr...
Bitcoin (BTC) Close to Bullish Breakout as Bottom Is in: Glassnode Co-founder
The “poor sentiment” surrounding Bitcoin dominated the trend over several weeks as its price mostly remained trapped below the $28,000 level. However, more recent data is flashing bullish for the worl...
Bitcoiner Sets New Guinness World Record on Bitcoin Pizza Day 2023
Romanian Bitcoiner makes Guinness World Records history on Bitcoin Pizza Day 2023. Daniel Nita bought 10,000 pizzas with only a single Bitcoin in Romania. 13 years ago, Laszlo Hanyecz paid 10,000 BTC ...
New funding for Bitcoin Core
Bitcoin, the world’s leading cryptocurrency, owes much of its success to the efforts of Bitcoin Core developers. These people work tirelessly to maintain and improve the Bitcoin protocol, ensuring it...
Bitcoin of America Shuts Down Unlicensed Crypto ATMs In Connecticut
Key Points: ATM provider Bitcoin of America halts unlicensed operations in Connecticut. Four CT customers lost tens of thousands of dollars in a Bitcoin ATM kiosk scam. State agencies issue scam alert...
Bitcoin and Crypto Under Threat as JPMorgan Warns of Debt Talks Going Wrong
All eyes are on whether the US government manages to increase the debt ceiling further. Any failure to do so will put significant pressure on risk assets. Since the beginning of the year 2023, Bitcoin...
USA Bitcoin mining pools surge to over 50% of hash rate
Quick Take Looking at the hash rate share of the mining pools, we are starting to see a clear divergence between the top two. Combined, Foundry USA and Antpool have over 50% of the hash rate share; Fo...
Michael Saylor says ‘all big banks’ will one day custody Bitcoin
As Bitcoin (BTC) becomes increasingly popular among investors around the world, MicroStrategy co-founder and executive chairman Michael Saylor has pointed out the problems with self-custody and expres...