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Category: Bitcoin
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Ethereum Instead of Bitcoin, says Marc Andreessen
Marc Andreessen – founding partner of the tech-focused VC giant Andreessen Horowitz (a16z) – is now more bullish on Ethereum and Web 3 than he is on Bitcoin, contrary to his outlook in 2014. During an...
Ordinal NFTs fuel Bitcoin network activity but derivatives’ metrics reveal…
BTC receives the spotlight after the reveal of the Ordinal NFTs. The derivatives market sends mixed signs as volatility slows. We recently looked at how a JPEG NFT constituted the largest block on the...
Coinkite Launches ‘Higher-End’ Coldcard Bitcoin Wallet With QR Code Scanner – Bitcoin News
The bitcoin hardware wallet manufacturer Coinkite has announced the launch of a new product, the Coldcard Q1, which features a QWERTY keyboard and QR code scanner. Coinkite details that the battery-po...
Arthur Hayes bets on Bitcoin, altcoin surge in H1 2023 as he buys BTC
Bitcoin (BTC), Ether (ETH) and even nascent altcoins are a solid “buy,” a previously risk-off investor says. In a blog post released on Feb. 8, industry stalwart Arthur Hayes announced a u-turn on his...
Analyst Urges People To Look At BTC Through A Macro Minded Lens
A Tweet by Michael Burry in January of 2023 left people concerned about the BTC price. Dan Gambardello does not see this tweet as a bearish sign for BTC. BTC is currently trading hands at $22,698.21 a...
Exchanges could run out of bitcoin in two years
Bitcoin amounting to 1 million has been withdrawn from exchanges from its March 2020 peak. The amount came down from 3.2 million to 2.2 million, about 11.7% of the circulating supply. Exchanges may so...
Bitcoin Price Dollars Away From First Ever Weekly ‘Death Cross’
Bitcoin (BTC) is painfully close to recording an ominous first in its 14-year history: its premiere “death cross” on the weekly price chart. Two major moving averages (MA) are about to converge: its 2...
Bitcoin slumps in broad sell off amid SEC charges against Kraken, regulation worries
Bitcoin sank below US$22,000 in Friday morning trading in Asia after the U.S. Securities and Exchange Commission slapped a fine on the Kraken exchange, sparking concerns that regulators are set to tak...
Bitcoin Loses $23K, but is Another Surge Coming? (BTC Price Analysis)
The market has struggled to push above the significant resistance level of $25K, and now the price is slowly declining. Therefore, the possibility of a correction before the next rally has increased. ...
Aave Launches Stablecoin GHO on Ethereum Goerli Testnet with Open Source Codebase and Audits – Altcoins Bitcoin News
Aave Companies, the firm behind the decentralized finance (defi) project Aave, has announced the launch of a stablecoin called GHO on the Ethereum testnet network Goerli. The codebase is available on ...
Bitcoin, Major Altcoins Explode Double-Digit as Market Reclaims $1 Trillion Cap ⋆ ZyCrypto
Advertisement     The flagship crypto has surged to levels last seen in September last year. Amid a changing sentiment, altcoins are also showing positive momentum. Bi...
Kraken Winds Down Staking Program, Pays $30 Million to Settle Unregistered Offering of Staking Services Case With SEC – Regulation Bitcoin News
Kraken, a U.S.-based cryptocurrency exchange, has agreed to wind down its cryptocurrency staking program as part of an arrangement with the U.S. Securities and Exchange Commission (SEC) to settle for ...
Bitcoin Bears is Dire Strait-This is What You Can Expect from the BTC Price Rally
Bitcoin has been playing out well at the pre-determined levels that it was hovering at for quite a long time. Although the preset trade set-up appears to be quite bearish carrying the possibilities of...
Bears Capture BTC Market; Indicators Foretell Adverse Mood Persistence
According to recent research, the Bitcoin (BTC) market is on a downward trend. BTC price ranges between $22,458.26 and $23,229.80 on the last day. Bearish momentum is gaining, based on indicators. The...
Whales Move Over $475,000,000 in Bitcoin (BTC), Polygon (MATIC) and XRP – Here’s Where the Crypto’s Headed
Crypto whales are abruptly shifting hundreds of millions of dollars of prominent crypto assets including Bitcoin (BTC), Polygon (MATIC), and XRP. New data from whale-watching platform Whale Alert, dee...
Hut 8 Mining Company to Merge with US Bitcoin
Hut 8 Mining, a Canadian company that mines cryptocurrencies, has announced publicly their desire to merge with US Bitcoin to become Hut 8 Corp., often referred to as “New Hut.” Hut 8 Mini...
Bitcoin Price Fails To Price-In “Golden Cross”, Is $20K Next?
Bitcoin price completed a bullish “golden cross” pattern on Tuesday, causing the prices to jump higher. However, the BTC price failed to hold momentum and fell below the $23K level. The BTC price fell...
Major Crypto ATM Operator Coin Cloud Files for Bankruptcy – Featured Bitcoin News
One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy in the U.S. The company’s largest creditor is Genesis Global ...
Bitcoin miner CleanSpark beats estimates, posts $29 million loss
Bitcoin miner CleanSpark reported a net loss of $29 million for the quarter ending in December, beating analyst estimates of a $31.3 million loss. It narrowly missed revenue estimates, posting $...
Mawson Infrastructure Group Inc. Breaks Ground on Sharon, PA 120 MW Bitcoin Mining Facility
Mawson has broken ground on the 120 MW Bitcoin mining facility in Sharon, PA. First 12 MW available in early Q2, 2023. SHARON, Pa.–(BUSINESS WIRE)–Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Maws...
Trader Warns Bitcoin Uptrend Will Be Lost if Top Crypto Closes Below This Number
A widely-followed crypto analyst says Bitcoin (BTC) is on the verge of losing a key support level as the king crypto stumbles. With BTC trading for $22,517 at time of writing, down 2% on the day, pseu...
BTC Price Rises To Hit $23.4K After a Recent Downturn
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Recovers above Existing Support as BTC Price Rises To Hit $23.4K – February 8, 2023 Bitcoin’s price is regaining ground a...
Bitcoin (BTC) Slips Below $23,000 As Crypto Regulation Rumors Spread
In the early hours of Thursday, Bitcoin (BTC) the largest cryptocurrency by market cap, sank to a four-week low. The crypto asset slipped below its hovering $23,000 price range to as low as $22,408 b...
Ordinals Project Surpasses 11,000 NFT Mints In Weeks Amid Criticisms From Bitcoin Maxis ⋆ ZyCrypto
Advertisement     Ordinals project has recorded 11,000 NFTs Mints on the Bitcoin Network within weeks of launch. Despite criticisms of a cross-section of Bitcoin faith...
LBank Secures Virtual Asset Provider Registration to Operate in Italy – Press release Bitcoin News
press release PRESS RELEASE. Global crypto exchange LBank has registered as a Virtual Asset Provider with Italian regulator Organismo degli Agenti e dei Mediatori (OAM). The regulatory approval allows...
As Bitcoin nears $25K, questions about rally’s sustainability remain
It is no secret that the global economy has continued to weaken over the course of the past year. To this point, on Jan. 19, the United States government hit its “debt ceiling,” i.e. the total sum of ...
Bitcoin Fixes the Asymmetry of Information Problem in Markets
Information symmetry also matters a lot for market structure. Take lending, for example. In traditional finance, borrowers have a more detailed idea of what they plan to do with the solicited funds, a...
Bitcoin Investors Hold BTC for an Average of 3.8 Years
The metric underscores the high level of confidence that most Bitcoin investors have. The average time that Bitcoin (BTC) stays in an address before being transferred is reported to be 3.8 years, indi...
BTC, ETH address momentum shows significant divergence
Ad Glassnode data analyzed by CryptoSlate shows that new address momentum metrics of Bitcoin (BTC) and Ethereum (ETH) reflect that the BTC network is growing while the sentiment on the ETH network is ...