After sustaining above $19,000 for a couple of weeks, the Bitcoin price is closer to achieving $20,000 levels any time now. The asset is attempting very hard to break above the bearish pattern, aiming...
Category: Bitcoin
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Bitcoin Price Analysis: 19701 Resistance Tested
BTC/USD Tests 19701 Resistance: Sally Ho’s Technical Analysis – 5 October 2022 Bitcoin (BTC/USD) maintained some upward momentum early in the Asian session as the pair recently traded above the 197...
Bitcoin Beats Stock Performance, Return Of Digital Gold?
Ever since losing around 80% of its value from its all-time high, Bitcoin has been questioned as a store of value and a digital equal to gold. The digital currency still records the best performance f...
Mastercard Debuts Blockchain Surveillance Tool for Banks and Crypto-Centric Card Issuers – Bitcoin News
On Tuesday, the multinational financial services corporation Mastercard revealed that it is launching a new crypto monitoring product called Crypto Secure. The Crypto Secure software aims to leverage ...
Bitcoin price sees first October spike above $20K as daily gains hit 5%
Bitcoin (BTC) saw its first trip above $20,000 on Oct. 4 as traders expected familiar resistance to cap gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Multi-week dollar lows fuel B...
Bitcoin’s Hashrate Has Hit a New High. What Does That Mean for BTC?
Key Takeaways Bitcoin’s hashrate made a new all-time high of 242 exahashes per second this week. The network’s hashrate fell to 193 exahash per second in July. Price and hashrate have historically bee...
Bitcoin, Binance Coin, Quant, and ApeCoin Daily Price Analyses – 4 October Morning Prediction
The global crypto market has seen a continuation of gains as the influx of capital has continued. The value of Bitcoin, Binance Coin, and others has increased in gains. The last 24 hours showed the ad...
Ripple Bullish Against Bitcoin as 10-Day Long Correction Wearing Out (XRP Price Analysis)
Ripple is on the verge of breaking the 5-month consolidation range. Doing so could cause the bullish rally we saw last month to resume. Technical Analysis By Grizzly The Daily Chart Although XRP concl...
Bitcoin Hash Rate Hits New ATH Despite Current Bearish Price Trends
The increased hash rate indicates maximum security on the Bitcoin network. The Bitcoin (BTC) blockchain is arguably more secure than ever as the network mining hash rate has continued to grow and hit ...
MATIC Hits 3-Week High, LINK up Almost 10% – Market Updates Bitcoin News
Polygon raced to a three-week high during today’s session, as bullish sentiment returned to cryptocurrency markets. Chainlink was also in the green, as the token surged for a second straight day, risi...
McDonald’s starts to accept Bitcoin and Tether in Swiss town
Multinational fast food chain McDonald’s started to accept Bitcoin (BTC) as a payment method in the 63,000-populated city of Lugano in the Italian-speaking region of Switzerland, which is becoming a h...
Cardano Founder Makes Staggering Prediction About Bitcoin
Alex Dovbnya Input Output CEO Charles Hoskinson is convinced that Bitcoin’s proof-of-stake algorithm is useless and wasteful During a recent YouTube livestream, Input Output CEO Charles Hoskinso...
UN Report Urges Fed to Suspend Interest Rate Hikes, Presses for ‘Public Spending’ Increases – Economics Bitcoin News
The United Nations Conference on Trade and Development (UNCTAD) has warned that the U.S. Federal Reserve’s interest rate hikes and the slew of other central banks raising rates, could pose harm to the...
Shares in Grayscale’s Bitcoin Trust (GBTC) Trade at 36% Discount to Fund’s NAV
Data tracked by Delphi Digital has disclosed that GBTC shares relative to the underlying cryptocurrency held in the fund have had their discount widened to 36.2% on September 30. Grayscale Investment...
Bitcoin price plummets while miner hash rate soars to all-time highs
Bitcoin miners can’t stop, won’t stop. The Bitcoin (BTC) hash rate continues to surge to new all-time highs, despite a heavy price drawdown. The Bitcoin mining hash rate peaked at 258 exahashes per s...
Bitcoin, Ethereum, Axie Infinity, and OKB Daily Price Analyses – 3 October Roundup
The global crypto market has continued to grow in value as it has retained its positive momentum. The recent changes for Bitcoin, Ethereum, and others show that the bullish pattern has remained unchan...
Bitcoin Lightening Network Capacity hits 5,000 Bitcoin
Bearish markets are for developing out capacity on the layer-2 Lighting Network. Even though macroeconomic headwinds and slow price action, the Lighting Network, the layer-2 payments answer for Bitco...
4 On-Chain Metrics Show the Bitcoin Price Is Primed for Bullish Explosion
Amid recent macroeconomic extremes, Bitcoin has maintained a quiet stance, almost eerie for its HODLers. Nonetheless, its hashrate and accumulation are soaring — what could this mean for its price? Bi...
Gold and Bitcoin are back on the radar
Despite skyrocketing inflation and a macroeconomic situation that is not at all reassuring, digital gold is not assimilated to its role as a safe haven asset and in 2022 was almost always decorrelated...
BTC Testing $20K as Buyers Attempt to Build Momentum But is This Another Bull Trap? (Bitcoin Price Analysis)
Bitcoin’s price is showing signs of recovery as it holds well above the significant $18K support level. The mid-term future of the cryptocurrency- price-wise – could be decided in the next few days, ...
BTC Fell in Mid-September Due to Higher Inflation
A report published in mid-September showed inflation was (what a surprise) higher than expected, and bitcoin took serious heat for it. The world’s number one digital currency by market cap fell into t...
BTC Back Above $20,000, USD Hits 2-Week Low – Market Updates Bitcoin News
Bitcoin was back above $20,000 on Tuesday, as the U.S. dollar fell to its lowest point in two weeks versus several G7 currencies. The stronger dollar has impacted purchasing power in cryptocurrencies,...
US Senator Concerned Over Growing National Debt; Applauds Bitcoin
Cynthia Lummis, a US senator, discussed her concerns in an interview with Hard Money’s Natalie Brunell. She praised that cryptocurrency is an asset among people for which the government is not liable....
Quant Analyst PlanB Says He’s Loading Up on Bitcoin As BTC Makes Once-in-a-Decade Signal
Popular quantitative analyst PlanB says he is buying Bitcoin (BTC) again and highlights data trends suggesting the king crypto may be gearing up for a surge. PlanB tells his 1.8 million Twitter follow...
Cardano founder Charles Hoskinson calls for an end to Bitcoin mining
Cardano founder Charles Hoskinson explained why he thinks Bitcoin mining should be stopped and all existing units of the assets should be converted into wrapped Bitcoin (wBTC) in an Oct. 3 Twitter bro...
NYDIG, Under New Management, Bets Another $720M on Bitcoin
NYDIG (New York Digital Investment Group) has raised $720 million for its Institutional Bitcoin Fund, as revealed in an SEC filing published last week. A total of 59 unnamed investors have contributed...
NYDIG has Raised $720 Million for its Institutional Bitcoin Fund
As of Oct. 3, New York-based digital investment group NYDIG said it has raised $720 million for its institutional bitcoin fund, according to filings with the U.S. Securities and Exchange Commission. O...
NYDIG Raises $720M For Its BTC Fund, Crypto Daily TV…
In Todays Headline TV CryptoDaily News: NYDIG raises $720 million for its Bitcoin fund from 59 investors The New York Digital Investment Group has successfully raised $720 million for its new Institut...
Bitcoin Pushes $20K as BTC Supply on Exchanges Lowest Since November 2018
A bullish revival was observed in Bitcoin’s price as the third quarter drew to a close, as data suggests a significant uptick in the outflows of tokens from crypto exchanges and into personal wallets....
Bitcoin mining revenues down 16.2% in September
Bitcoin mining revenue fell 16.2% in September to about $550.5 million, marking its fifth decline in the last six months and the lowest total since November 2020, according to data compiled by The Blo...
Bitcoin Crosses $20,000 as Fed Pivot Speculation Intensifies – Trustnodes
Bitcoin is finally moving a little bit, just about crossing $20,000 and currently trading at about that level, while Europe’s STOXX has seen a 3.34% gain. The dollar strength index is down as well, as...
Cryptocurrency Is Losing Popularity as Investment Vehicle in US, According to Bankrate Survey – Bitcoin News
The popularity of cryptocurrency as an investment vehicle is dwindling in the U.S., according to a survey made by Bankrate. The survey found that trust in crypto has diminished across several groups, ...