Ethereum neared a breakout below $1,500 to start the weekend, pushing prices closer to a one-month low. Overall sentiment remained mostly bearish, with the global cryptocurrency market cap trading 0.9...
Category: Bitcoin
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Bitcoin Weekly Death Cross is Happening-Here’s What Can You Expect From the BTC Price Over the Weekend!
The crypto markets are trying to recover offering a tough fight to the bears. The bulls, however, are unable to restrain the descending trend as the bears are extracting profits after petty jumps. The...
Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons – Bitcoin News
Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing date...
Bitcoin price faces key moving average showdown 3 weeks after breakout
Bitcoin (BTC) saw no relief at the Feb. 10 Wall Street open as United States equities dipped further. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “All eyes” on 200-day moving averages ...
IMF: El Salvador’s Bitcoin Adoption Risks Are Yet To Materialize
IMF believes El Salvador’s bitcoin risks need attention. El Salvador has invested $103M in BTC with over $51 million in losses. Last year, the country sought $500 from legislators million to buy Bitco...
We asked ChatGPT to explain Bitcoin in a rap song and it’s dope
The ChatGPT chatbot continues to gain prominence over its ability to handle different tasks by providing detailed responses and clear answers across various fields of expertise. Some of the emerging r...
Bitcoin Dumps to 3-Week Low, LDO Plummets 14% (Weekend Watch)
The past 24 hours brought some more pain for the bulls as BTC slipped to another three-week low at under $21,500. Most altcoins are in no better shape, including the ETH liquid staking coins, many of ...
El Salvador’s bitcoin risks ‘have not materialized,’ IMF says
The International Monetary Fund said the risks of El Salvador’s bitcoin adoption “have not materialized” — primarily thanks to its “limited” use — but caution is warrante...
Kenyan AI and Blockchain Startup Receives Investment From Swiss VC Firm – Africa Bitcoin News
Fastagger Inc, an artificial intelligence and blockchain startup from Kenya, recently revealed that it had received an investment from the Swizterland-based blockchain investor CVVC. Mutembei Kariuki,...
LocalBitcoins Is Gone—But These P2P Bitcoin Exchanges Are the Next Best Thing
LocalBitcoins, one of the oldest and best-known Bitcoin exchanges, is closing after a decade of service, with the peer-to-peer platform citing the “ongoing very cold crypto-winter” as the reason for s...
Bitcoin, Cardano, & Orbeon Protocol
2023 could be the year of explosive growth for cryptocurrencies, and the top analysts are pointing to Bitcoin (BTC), Cardano (ADA), and Orbeon Protocol (ORBN) as the best potential movers. But what ma...
Marc Andreessen: Ethereum and Web3 Lead Bitcoin on Tech Innovation
Marc Andreessen, best known for co-founding web browser Netscape and Silicon Valley venture capital fund a16z, is still invested in the crypto industry, even though his expectations around Bitcoin did...
Analyst Predicts Major Pain for Investors Expecting Bitcoin (BTC) To Crash to $10,000 – Here’s His Outlook
Crypto analyst and trader Jason Pizzino says that king crypto Bitcoin (BTC) is unlikely to revisit the 2022 lows. In a new video, Pizzino tells his 281,000 YouTube subscribers that while Bitcoin could...
JPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol – News Bitcoin News
JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in the pro...
PayPal held $604M in Bitcoin and other crypto at the end of 2022
Global payment giant PayPal holds a significant part of its financial liabilities in cryptocurrencies such as Bitcoin (BTC) offered to its customers. As of Dec. 31, PayPal held a total of $604 million...
Decoding Ordinals NFT project on Bitcoin- Can it compete with ETH NFTs?
Bitcoin-native NFTs recorded a 25% growth in network fees. Bitcoin mining revenue rose sharply, powered by an increase in transactions. The new Ordinals NFT platform on Bitcoin [BTC] recorded exponen...
State-backed Crypto Mining Farm under Construction in Russia’s Buryatia – Mining Bitcoin News
A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is alr...
Mysterious Bitcoin Whale Quiet For Over 9 Years Suddenly Awakens, Realizing Over $9.6M In BTC Holdings ⋆ ZyCrypto
Advertisement     A Satoshi-era bitcoin address that had not transacted for over a decade suddenly came back to life this week, resulting in a remarkable yield. The de...
Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force – Mining Bitcoin News
A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensi...
PayPal Held Over $500M in Bitcoin, Ethereum Last Quarter
Payments giant Paypal held over half a billion dollars worth of the two largest cryptocurrencies as of December 31, 2021, according to its year-end report to the Securities and Exchange Commission (SE...
Bitcoin and Ethereum market analysis
Traders are reminded of a major development in the cryptocurrency world. Coinbase CEO Brian Armstrong expressed concerns about the possible elimination of cryptocurrency staking for retail clients by ...
Bitcoin Price To Regain Its Bull Run Above This Level
Today the Crypto market has turned into a bloodbath after most of the cryptocurrencies have extended their loss. After Bitcoin price started the year on a much positive note, it gave traders a hope fo...
Bitcoin Hash Rate Taps New High, But It’s Nowhere Near Bullish This Time ⋆ ZyCrypto
Advertisement     For many Bitcoin investors, an increase in Bitcoin’s hashrate is a positive sign for the network. Analysts also attach the metrics to a bullish signa...
‘Clients Are Absolutely Interested in Digital Assets’ – Featured Bitcoin News
Bank of New York Mellon (BNY Mellon) has revealed that its clients “are absolutely interested in digital assets.” Emphasizing the need for clear crypto regulation, the bank’s head of digital assets no...
Bitcoin’s Death Cross Looms on Weekly Chart as BTC Price Falls Below $23K
Bitcoin is set to see a very rare occurrence on its price chart as the cryptocurrency’s weekly moving average (MA) 50 has converged with the weekly MA 200. The weekly MA 50 looks set to cross be...
Bitcoin breaks below key resistance level at $22,264; long-term holders on aggregate now underwater
Definition This chart presents Long-Term Holder variants of two classic on-chain metrics: LTH Realized Price is the average price of the Long-Term Holder BTC supply, valued at the day each coin last t...
Who’s Stuffing Bitcoin Under Their Mattresses?
Join Our Telegram channel to stay up to date on breaking news coverage Blockchain analytical firm Santiment has revealed that since the value of Bitcoin (BTC) crossed the $23K mark, its existing suppl...
SEC Cracks Down on Crypto Staking, BTC Loses $23K Mark but Bitcoin NFTs Soar: This Week’s Recap
The past seven days saw the cryptocurrency market decline considerably and lose around $60 billion of its total capitalization. This came on the back of a regulatory crackdown on behalf of the United ...
New Demand Expected To Change Bitcoin’s Market Structure Significantly ⋆ ZyCrypto
Advertisement     Bitcoin has been witnessing a renewed short-term market recovery characterized by new demand from a category of new investors expecting to make some ...
Ground Handling Firm to Use a Blockchain Document Solution at 28 Saudi Airports – Blockchain Bitcoin News
The Kingdom of Saudi Arabia-based airport ground handling services firm, Saudi Ground Services, has said it plans to implement a blockchain-based document solution that allows it “to issue over 10,000...
Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs
Bitcoin (BTC) fell to bearish target zones on Feb. 10 as bulls failed to hold important support above $22,000. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Crypto wipeout mounts as BTC p...
Celsius Looking to Raise $14.4M Selling Bitcoin Mining Coupons and Credits
In another attempt to collect funds to repay creditors, the now-bankrupt crypto lender Celsius is now looking to sell $14.4 million in coupons and credits for Bitcoin mining company Bitmain. The propo...