Bitcoin price analysis shows BTC is trading in a bullish bias trend BTC dipped to lows of $26,883.67 but has recovered and is currently trading at $27,882.13 The MACD on the daily chart shows a bullis...
Category: Bitcoin
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Arkham says US government not moving Bitcoin; labeling issues continue
Arkham Intelligence said that it has not observed funds moving from wallets connected to the U.S. government in a series of tweets on May 10. In a now-protected account, Twitter user beetle (@1kbeetle...
BTC and ETH Prices Plummet After CPI Report Release- Here’s What Traders Can Expect Next
Despite a recent period of volatility in the crypto market, the release of the latest CPI news has sparked renewed optimism among investors in major cryptocurrencies. The announcement from the US Bure...
Bitcoin SV Price Prediction: BSV Jumps 45%, Is BSV Winning The Block War?
1 Bitcoin SV and Bitcoin Cash have seen a surge as BTC transaction fees see a surge 2 The technical indicator of BSV is favoring a bullish momentum in price.BSV/BTC pair has also seen a surge of 31% B...
Bitget Introduces the BRC20 Zone and Lists Ordinals (ORDI) – Press release Bitcoin News
press release PRESS RELEASE. May 10 2023 Victoria, Seychelles – Bitget, the top derivatives and copy trading platform, has announced the listing of the ORDI token in the newly launched BRC-20 zone and...
What Grayscale’s ETF Bid Signals — or Doesn’t — About Spot Bitcoin Fund Prospects
Grayscale’s latest plan for an ETF that invests in bitcoin ETPs trading outside the US has grabbed the industry’s attention. Bloomberg Intelligence Analyst James Seyffart called it “an almost ou...
Crypto Ban Ignites Pro-Bitcoin Revolution in Argentina’s Elections
As Argentina grapples with economic turmoil and a recent crypto ban, a new pro-Bitcoin presidential candidate, Javier Milei, gains momentum in the polls. Milei’s Bitcoin stance and radical policies co...
Bitcoin Market Shaken As US Government Sells 9,8k BTC?
The cryptocurrency market has experienced a significant dip as the United States government allegedly sold 9,800 Bitcoin (BTC) worth $277 million, per certain reports. The US government seized the Bit...
Bitcoin Miner Marathon Digital in JV for Immersion Cooled Bitcoin Mining in Abu Dhabi
The new project – named Abu Dhabi Global Markets JV Entity (ADGM) – will first develop two mining sites with a combined capacity of 250 megawatts (MW) of mining power, according to a press release. Th...
Bitcoin Developer Calls to Block Ordinals, BRC-20 Tokens From Network
The meme coin and NFT trading phenomena on Bitcoin caused by Ordinals have led to a massive spike in transaction fees and blockchain congestion. Now, at least one developer has offered a solution. Luk...
Bitcoin [BTC]: Silver lining for miners as fees exceed 2021 levels, more inside
The divergence between daily miner revenue and 365-day SMA has broadened since the start of 2023. There were instances of transaction fees exceeding the block rewards given to miners. While the growin...
Bitcoin Short-Term Holder Cost Basis Rises To $25.3k
On-chain data shows the Bitcoin short-term holder cost basis has now risen to $25,300; here’s what this tells us about the market. Bitcoin Short-Term Holder Cost Basis Has Gone Up Recently According t...
$1 Billion in Crypto Assets, Holdings Are Predominantly BTC and ETH – Bitcoin News
Payments behemoth Paypal has disclosed in a Form 10-Q financial report filed with the U.S. Securities and Exchange Commission (SEC) that it is holding nearly $1 billion in cryptocurrency assets. This ...
Litecoin LTC Transactions Hit All-Time High as Bitcoin BTC Fees Surge Amic BRC-20 Meme Coin Frenzy
On May 8, Litecoin executed more than 525,000 transactions in a day, coming close to Bitcoin’s 575,000 daily transactions, according to blockchain data from BitInfoCharts. It is five times the average...
Bitcoin, Ethereum Push Higher As Inflation Slows to 4.9% in April
Cryptocurrency prices rose on Wednesday after a widely-watched inflation gauge in the U.S. suggested the Federal Reserve’s fight against soaring prices is making progress. The Consumer Price Index ros...
Research: Ordinals, BRC-20 drive financial boon for Bitcoin miners
The Ordinals Protocol has enabled NFTs and BRC-20 tokens on the Bitcoin network – whereas previously, it was a single-asset network. However, the issue has sparked debate, with critics pointing ...
Bitcoin Price Analysis: 28309 Target Tested
BTC/USD Tests 28309 Target: Sally Ho’s Technical Analysis – 11 May 2023 Bitcoin (BTC/USD) encountered additional volatility early in the Asian session as the pair moved back above the 28000 figure an...
In Bitcoin BRC-20 Debate, There’s no Such Thing as ‘High Fees’
Lightning is not a panacea, and it is best suited for high frequency, small granularity payments – which certainly doesn’t satisfy all types of Bitcoin transactional demand. There’s more than just one...
Bitcoin and Crypto Markets Rise on Inflation Data As Countdown to US Debt Default Looms
Bitcoin (BTC) and the crypto markets are on the rise after the latest Consumer Price Index (CPI) reveals cooling inflation. New data from the U.S. Bureau of Labor Statistics, the CPI – which measures ...
Bitcoin is not dead: what does it mean?
Bitcoin’s potential is not dead yet: the world’s most popular digital currency has managed to endure and defy the sceptics. In recent months, bitcoin has seen a resurgence in popularity, with both re...
Bitcoin (BTC) Price to Hit New ATH Before 2024- Here’s When and Why
Bitcoin’s remarkable surge of 76% so far this year had brought it to a crucial technical point that could provide insights into the future direction of the cryptocurrency. However, after gaining momen...
Bitcoin Held on Exchanges Drops to 5-Year Lows: Santiment
The crypto analytics platform – Santiment – indicated that the amount of bitcoin held on digital asset exchanges has recently plummeted below 6%. The last time the figures were that low was in Decembe...
Bitcoin Supply Is Moving From American Holders To Asian Wallets: Glassnode
Data from Glassnode reveals the Bitcoin supply has been observing a shift from wallets based in America to those in Asia recently. Bitcoin Supplies Held By Asian And US Investors Have Gone Opposite Wa...
Bitcoin dives below $27k; almost $100M liquidated
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...
Multiple Resistances Put BTC Price Under 10% Downside Risk
Published 2 hours ago Bitcoin Price Analysis: On May 8th, the Bitcoin price gave a bearish breakdown from the support trendline of a symmetrical triangle pattern. This pattern created a consolidation ...
Court Documents Allegedly Thrown at NBA Star’s Car – Bitcoin News
In a recent court submission, legal representatives for basketball icon Shaquille O’Neal, commonly referred to as Shaq, claim he was not duly served in the FTX class-action lawsuit. As per the documen...
Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar
Users of the Muun wallet, which utilizes both the bitcoin and lightning layers to process transactions, have been charged high fees, particularly those employing it for payments at South African retai...
Michael Saylor: Bitcoin Ordinals Are a ‘Catalyst’ for Adoption
Bitcoin bull and Microstrategy co-founder Michael Saylor said the latest Ordinals craze has been a catalyst for Bitcoin adoption “Every time someone builds an application that’s cool on Bitcoin, like ...
Key Reason Behind Recent Bitcoin Spike
Alex Dovbnya Bitcoin’s price spike is largely tied to latest inflation data, suggesting potential easing of inflation rate Bitcoin, the flagship cryptocurrency, experienced a significant spike i...
Yachtify (YCHT) Rising in Relevance as Bitcoin (BTC) Faces Issues
Price fluctuations and predictions are critical indications for cryptocurrency traders, whales, and investors. Due to several recent incidents in the cryptocurrency market, current price fluctuations,...
Could a Bitcoin Rally Help ApeCoin Price Prediction for 2023? Is AltSignals’ Presale a Better Investment Option? – Cryptopolitan
Bitcoin has had a solid start to 2023, but the rest of the crypto market has found it challenging to keep up with the world’s first and most popular crypto asset. While the ApeCoin price prediction ha...
Asia Sees Rising Bitcoin Supply As US Intensifies War On Crypto
Bitcoin supply is gradually shifting concentration from America to Asia and the increasing regulatory pressure on the crypto industry from United States regulators might be sparking the change. Crypt...