Bitcoin and most major altcoins are witnessing aggressive selling at higher levels, indicating that the bears are trying to make a comeback. JPMorgan Chase emerged as the winner in the auction to acqu...
Category: Bitcoin
Live Bitcoin News Updates.
Peter Brandt Says Bitcoin Will Be “The Only King Of Hill” If This Happens
Bitcoin’s price must breach a monthly range to make a decisive run. Veteran markets analyst and trader Peter Brandt sees Bitcoin getting ahead and becoming the “King of the Hill” amidst the ongoing fi...
Sharpe Ratio indicates Bitcoin is the best horse in the race
Quick Take The Sharpe Ratio measures risk-adjusted return, which considers each asset’s volatility. We looked at the Sharpe Ratio of assets over time; we’ll calculate the rolling Sharpe Ra...
Will $28K Bitcoin price hold? Two indicators remain solid despite 5% pullback
Bitcoin (BTC) saw considerable volatility between April 25 and May 1, ranging between $27,200 and $30,000. From a trading perspective, the 10.5% move sounds alarming, resulting in $340 million in leve...
BTC, ETH, XRP, DOGE and ADA Price Analysis for May 1
The new week has started with ongoing bearish pressure as most of the coins keep trading in the red zone. Top coins by CoinMarketCap BTC/USD The rate of Bitcoin (BTC) has fallen by 2.32% over the last...
Bitcoin (BTC) Continues Downtrend Despite Daily Transactions Nearing All-Time High
While Bitcoin (BTC) has continued a downtrend, the asset has recently recorded a high volume in daily transactions nearing its all-time high. According to a report by on-chain analytics provider Glass...
LTC Back Under $90.00, as SOL Extends Declines – Market Updates Bitcoin News
Litecoin fell below the $90.00 level on Monday, as sentiment in cryptocurrency markets remained mostly bearish. The global market cap is down 1.87% at the time of writing, which seems to be a result o...
Bitfarms Bitcoin production declined 10% in April despite hashrate growth
Bitcoin (BTC) mining firm Bitfarms said its production decreased 10.6% to 379 BTC in April despite its corporate hashrate growing by 4% to 5.0 EH/s. Of the mined BTC, the miner sold 349 units of the a...
Market slumps as bitcoin and ethereum prices continue falling, digitoads attracting new investors
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied At prevailing market conditions, top cryptocurrencies are struggling against a deluge of bear selling pressure. Crypto ...
Are we on the verge of another Bitcoin miner capitulation?
Definition The Hash Ribbon is a market indicator that assumes that Bitcoin tends to reach a bottom when miners capitulate, i.e., when Bitcoin becomes too expensive to mine relative to the cost of mini...
Bitcoin’s total supply held by LTHs go up high, but here’s the issue
Bitcoin’s Total Supply held by Long-Term Holders continued to push toward new all-time highs. A significant number of HODLers remained confident in the BTC’s long-term potential. Earlier this month, a...
Bhutan Has Mined Bitcoin Since It Was Worth $5K: Report
The investment arm of Bhutan has been mining bitcoin for a “few years” to diversify the landlocked nation’s portfolio. Druk Holding and Investments (DHI) CEO Ujjwal Deep Dahal told local media outlet ...
Charlie Munger Raises Concerns Over Troubled Commercial Property Loans at US Banks – Bitcoin News
Charlie Munger, the vice chairman of Berkshire Hathaway, stated in a recent interview that American banks are burdened with poor-quality commercial real estate loans. His comments arrive amid the coll...
Historic Bitcoin (BTC) Bull Run Underway, Says Popular Crypto Analyst – Here’s His Forecast
A popular crypto analyst is doubling down on a contrarian prediction that Bitcoin (BTC) is only weeks away from a massive parabolic surge well into the six-figure price range. Aurelien Ohayon tells hi...
Which US State Is Best for Mining Bitcoin in 2023?
The rising electricity rates in the United States have increased Bitcoin mining costs. As the electricity demand grows and expenses increase, Bitcoin miners face higher operating costs, reducing their...
Bitcoin Stalls Above 28,500 Level As It Enters Overbought Zone
May 01, 2023 at 10:10 // Price Bitcoin (BTC) price fell after three failed attempts to cross the psychological price barrier of $30,000. Bitcoin price long-term forecast: bearish The cryptocurre...
Bhutan mines Bitcoin with hydropower since BTC price was $5,000
The Kingdom of Bhutan is bullish on Bitcoin (BTC). Following the revelation that the small Himalayan Kingdom has been quietly accumulating crypto, the country is also mining Bitcoin. Moreover, the cou...
Avorak AI reports a 72% average hit rate on spot leverage Bitcoin trades this April
Traders are constantly seeking ways to increase their returns and mitigate risks, especially in the highly volatile crypto market. Avorak AI recently reported a 72% average hit rate on spot leverage B...
JPMorgan Chase Assumes Control of First Republic Bank Following Seizure by California Regulators – Bitcoin News
On May 1, 2023, the California Department of Financial Protection and Innovation (DFPI) seized First Republic Bank, placing it into Federal Deposit Insurance Corporation (FDIC) receivership. According...
Bhutan is Now One of Few Countries with State-owned BTC Mining Grid
Bhutan operates a state-owned Bitcoin mine utilizing its hydroelectric resources. The earnings are to subsidize power and hardware costs. Bhutan is in talks with Bitdeer to secure 100 MW of power acce...
BTC Breaks Below $29,000 After a Bearish Strike – Cryptopolitan
The Bitcoin price analysis reveals that the token has been on a downward trajectory after breaching the resistance level of $29,952. The token has been facing rejection at this level for some time now...
BTC, ETH Start Week Lower, Ahead of Key Economic Events – Market Updates Bitcoin News
Bitcoin started the week trading in the red, as markets prepared for an important week of U.S. economic events. On Wednesday, the Federal Reserve is expected to increase rates by 25 basis points, with...
Bitcoin Whales Have Bought $1.8 Billion Since Recent High
On-chain data from Santiment shows that Bitcoin whales have bought around $1.8 billion in BTC since the recent high above the $30,000 level. Bitcoin Whales Have Accumulated 64,000 BTC In The Last Two ...
2 key levels that will decide Bitcoin’s future price
The price of Bitcoin (BTC) experienced significant volatility in the last 7 days. After a sharp increase on April 25 and 26, BTC saw several days of relative stability, only to drop by over 4% as the ...
Jack Dorsey’s Block Looks to Disrupt Bitcoin Mining
Jack Dorsey’s Block is on a mission to shake things up in the bitcoin mining world by creating its own custom silicon for mining hardware. With only a few companies dominating the supply of bitcoin mi...
Cost To Mine BTC Rises, Crypto Daily TV 1/5/2023
In Todays Headline TV CryptoDaily News: FDIC pins SB’s failure on poor management The United States Federal Deposit Insurance Corporation’s post-mortem assessment of Signature Bank revealed poor...
Rising Supply Pressure Threatens Bitcoin Price for 6% Drop this Week; Time to Reaccumulate?
Published 15 seconds ago Bitcoin-the largest cryptocurrency started the May month on a bearish note, registering an intraday loss of 2.36% at 6:50 am ET. This decline formed a new lower high in the da...
Bitcoin Mining Firm Meets Nasdaq Listing Requirements
Canada-based Bitcoin mining firm Bitfarms has regained compliance with Nasdaq listing requirements, the company disclosed on Monday. It will help recover the share prices of the Toronto Stock Exchange...
Block Making Headway With Custom Bitcoin Mining ASIC Progress
Block Inc (formerly Square), the payments company founded by former Twitter CEO Jack Dorsey, has updated its progress in developing its own Bitcoin mining hardware. In a recent announcement, the busin...
Top Indian Banker Says US Dollar Has ‘Disproportionate Power’ as Reserve Currency; Retracts ‘Biggest Financial Terrorist’ Remark – Economics Bitcoin News
Uday Kotak, the CEO of Kotak Mahindra Bank, a financial institution based in India, recently expressed his view on the dominance of the U.S. dollar in global financial markets. Kotak stated that the U...
Cathedra Bitcoin Announces Fourth Quarter and Full-Year 2022 Financial Results
TORONTO–(BUSINESS WIRE)–$CBIT #Bitcoin–(Block Height: 787,600) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“Cathedra” or the “Company”), a Bitcoin company that develops and operates world-cla...
ChatGPT Predicts Bitcoin Will Hit $100K in 2030
Conor Grogan, the Director of Product Strategy at Coinbase, has discovered a ChatGPT jailbreak that can predict the Bitcoin (BTC) price and future events. ChatGPT, an artificial intelligence (AI) lang...