BTC’s price fell to $27,400 following the sale of BTC holdings by the US government. Price chart readings suggest that the current price might be a good buying opportunity. Bitcoin’s [BTC] price surge...
Category: Bitcoin
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Prepare For Choppy Market, 50% Dump In Bitcoin Price: Crypto Analyst Issues Dire Warning
The Bitcoin market is currently positioned at a critical juncture that could determine its next trend in the coming weeks. With Bitcoin trading around $27.4k, investors are closely observing the retes...
Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert – Mining Bitcoin News
A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech data centers will rely on a full immersion solution to cool the pow...
Bitcoin Cash Analysis: Bears Aim Fresh Drop To $100
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash price started a fresh decline below the $120 zone against the US Dollar. The price is now trading bel...
SEC Chair Warns US Default Would Have ‘Significant’ and ‘Lasting Effects’ on Investors, Markets – Economics Bitcoin News
Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that the U.S. Treasury defaulting on its debt obligations “would have very significant, hard to predict, and likely lasting ef...
Bitcoin Price Technical Breakdown Could Take BTC Toward $25K
Bitcoin price is moving lower below the $28,000 level. BTC is at risk of a downside break toward the $25,000 support in the near term. Bitcoin struggled to recover above the $27,500 and $27,800 resist...
Bitcoin’s value swings: CPI offers hope, U.S. divestment rumors cause setback
Bitcoin experiences promising gains as the CPI index favors cryptocurrencies. Short-term holders face challenges amidst Bitcoin’s ongoing volatility. Amidst the rollercoaster ride of Bitcoin’s value, ...
Trust in Jerome Powell Erodes, Bitcoin Rises as America’s Hope
In an era of wavering faith in economic leadership, the American public’s trust in Jerome Powell, the Federal Reserve’s Chair, is declining. Is this merely a symptom of a volatile economy or a more pr...
The Untold Secret of Bitcoin 4-Year Cycle: Fortune-Making Patterns
The buzz around the Bitcoin 4-year cycle has grown louder in recent years, becoming a widely-discussed topic among crypto enthusiasts and market analysts. The cycle, marked by significant events and t...
Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates
1 Bitcoin Miner Marathon First quarter defeats the estimation. 2 SEC Extends Probe resulted in more alertness, increasing the quarterly earnings more than analysis. Bitcoin Miner Marathon Digital Hold...
Goldman Sachs, Yellen Warn of US Default’s ‘Catastrophic Consequences’ — ‘There Is Real Risk to US Dollar’ – Economics Bitcoin News
A Goldman Sachs executive who also serves as the chair of a Treasury advisory committee has warned that a U.S. default poses “real risk to the U.S. dollar.” She stressed: “Anything that moves us away ...
Bullish or Bearish? Analyzing Bitcoin Price With Elliott Wave
The application of Elliott Wave Principle may provide valuable insight into the future price action of Bitcoin, by examining and counting past wave patterns. Each wave feature unique corresponding mar...
Bitcoin And DXY Compete For Global Financial Dominance
Bitcoin (BTC) and the U.S. Dollar Index (DXY) have been battling for supremacy in the financial world, with both assets vying for dominance in a zero-sum game. The recent volatility seen in the market...
Bitcoin Bearish Pattern Looms, Legendary Trader Sounds Warning
Bitcoin, the largest cryptocurrency by market capitalization, has shown significant weakness in today’s trading session after failing to continue on its instant price rally following yesterday’s relea...
Donald Trump Urges Republicans to Let US Default on Debt if Democrats Don’t Agree to Spending Cuts – Economics Bitcoin News
Former U.S. President Donald Trump has urged Republican lawmakers to let the U.S. default on its debt obligations if the Democrats do not agree on “massive” spending cuts. Trump, who is also running f...
The White House’s Bitcoin Mining Tax Undermines Itself
In fact, many miners who were using abundant hydro power in the Yunnan or Sichuan provinces moved to Kazakhstan, which has a highly fossil-fueled power grid. Today, the U.S. composes roughly 30-40% of...
Deloitte unveils guidelines for institutional bitcoin investors
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Deloitte’s digital assets team has released some essential guidance for institutional investors looking to join the bit...
Is The Bitcoin Ordinals Catalyst For A BTC Bull Market? – MicroStrategy’s Saylor Believes So ⋆ ZyCrypto
Advertisement     The ongoing banking crisis and hyperinflation are the other catalysts Saylor believes could boost the adoption of Bitcoin. Ordinals have caused a sur...
Bitcoin Rebounds From $27,100 After Spike In Bearish Sentiment
Data shows the Bitcoin sentiment had turned quite bearish just before the asset’s price had rebounded up from the $27,100 level. Bitcoin Recovers Shortly After FUD Takes Over Market According to data ...
BTC price risks $27K loss as Bitcoin trend lines brew ‘bullish cross’
Bitcoin (BTC) headed toward $27,000 after the May 11 Wall Street open as bulls failed to show strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price “rolls over” after brief r...
Bitcoin (BTC) Miner Marathon Digital (MARA) Shares Underperform Peers on New SEC Subpoena
Despite disappointing earnings and its fair share of operational difficulties, the CEO of Canadian Hut 8 Mining (HUT) Jaime Leverton reassured investors. The miner’s gigantic stack of bitcoin, a...
Analyst Predicts Bitcoin (BTC) Price Could Break out in Late 2023
Crypto microblogger Inmortal recently tweeted his three potential Bitcoin (BTC) price scenarios over the next one to two years. The first scenario assumes that BTC be range-bound until this fall. Pric...
Will The Lightning Network Save the Day for Bitcoin’s Mempool Pileup?
While Bitcoin had whittled down waitlisted transaction orders by Wednesday, network congestion remains high. Median confirmation time hovered markedly above ten minutes. The on-chain metric for Bitcoi...
Bitcoin Miners Earning $40M Daily Revenue as Ordinals Debate Splits Devs
Even though Bitcoin’s fees have recently been through the roof and some developers are vexed over Ordinals, one part of the community is doing well: miners. Daily revenue for those mining the largest...
Trader Who Called 2022 Bitcoin Bottom Says One Dogecoin and Shiba Inu Rival Headed to Zero – Here’s the Timeline
A widely followed trader who called the November 2022 Bitcoin (BTC) bottom is warning one memecoin is going to implode after putting up huge gains. Pseudonymous trader DonAlt tells his 484,600 Twitter...
PacWest Bank joined by bitcoin on the way down. Which…
PacWest Bancorp price is on the receiving end of a 24% loss today. Bitcoin is down 2%. Which of these is most likely to make a comeback? PacWest – dead man walking For PacWest Bancorp the writin...
Bitcoin Miner Marathon Receives Second SEC Subpoena in Connection to Montana Mining Facility Investigation – Bitcoin News
Marathon Digital Holdings, a publicly-listed bitcoin mining company, has recently revealed that it was served with a subpoena by the U.S. Securities and Exchange Commission (SEC) in relation to an inv...
Take this Bitcoin technical pattern seriously, veteran trader says
With Bitcoin price failing to hold key support at $28,000 once again after Wednesday’s uptick, bears have taken advantage to push prices below $27k. BTC is trading near $26,830 as bulls look to return...
Bitcoin and Ethereum Down 3%, Top Altcoins Fall as Market Sees Red
Bitcoin (BTC) is down 2.8% over the past 24 hours, falling from a high of $28,280 to its recent low of $27,058, and settling on $27,368 at the time of writing, according to data from Coingecko. The pa...
Shaky US Treasury Could Push Buyers Back to Bitcoin
The cascade of bank failures over recent weeks seems to be spurring investors to find new ways to hedge against a weakening system. And the biggest bank of all — the US Treasury — is looking a little ...
Top Crypto Analyst Says Altcoins Are ‘Getting Close,’ Breaks Down Bitcoin As BTC Consolidates
A widely followed crypto analyst says altcoin traders should keep an eye on the market as king crypto Bitcoin (BTC) consolidates. Looking at BTC, top analyst Michaël van de Poppe predicts Bitcoin must...
The Role of the US Government in Bitcoin Price Drop
We investigate Bitcoin’s (BTC) price fall below the $27,000 support area and whether the largest cryptocurrency can recover. The Bitcoin (BTC) price fell below $27,000 following a daily bounce amid co...