37 seconds ago | 2 mins read Bitcoin News BTC price surged up to $24,200 but decreased after that limit. At the time of writing, the coin was trading at $23,886. Bitcoin (BTC) broke the $24K overhead ...
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Nigerian Anti-Graft Body Identifies Individuals Fueling the Naira’s Rapid Depreciation – Emerging Markets Bitcoin News
Nigeria’s Economic and Financial Crimes Commission (EFCC) recently claimed it had identified individuals and organizations whose rapid accumulation of U.S. dollars recently accelerated the depreciatio...
How To Take BTC From Reserve Asset To World Reserve Currency
Is the Lightning Network bitcoin’s killer app? It might be, but it still has a long road ahead. One of the stops on that road is the possible inclusion of stablecoins. Does bitcoin need them? Aren’t t...
3 Altcoins That Will Outperform Bitcoin (BTC) In 2022: GNOX (GNOX), Uniswap (UNI), And Axie Infinity (AXS)
Bitcoin, the granddaddy of cryptocurrency, has had a good run this year. But there are three other digital tokens that have outperformed Bitcoin since the beginning of 2022, and they show no signs of ...
Marathon Digital Says Generated 707 BTC with YoY Increase of 8% in 2022 Q2
Marathon Digital Holdings, Inc. announced its July 2022 operational update on Aug 8, revealing that the cryptocurrency mining firm had mined 707 bitcoins, an increase of 8% year-over-year in the secon...
Here’s Why It’s a Crucial Week For Crypto Market, What Bitcoin (BTC) Traders Can Expect? – Coinpedia – Fintech & Cryptocurreny News Media
Bitcoin bulls are trying hard to set their foot above the $24,000, although on the other hand financial analyst Justin Bennett said that this week’s release of inflation data will be the biggest test ...
Crypto Casinos Are ‘Impossible to Rig Because the Game Is Hosted on a Blockchain’ — Online Casino Reviewer – Interview Bitcoin News
According to an igaming expert, Keane Ecclestone, crypto casinos are increasingly popular with bettors that value their privacy and security. While some perceive crypto casinos to be riskier than trad...
Texas miner earned $9.5M in power credits while mining 318 BTC
Riot Blockchain, one of Texas’s largest Bitcoin mining operations, earned around $9.5 million in power credits last month by turning off its miners. According to the company’s monthly report, Riot vol...
Price Prediction for Bitcoin: $773,000. But What is it Based on?
Price Prediction for Bitcoin: The InvestAnswers channel predicts that the price of Bitcoin will go gangbusters. But what is the thinking behind this figure? The analyst’s prediction has been one of th...
Bitcoin (BTC) Price Still in Course To Hit $100k Says Bloomberg Strategist Mike McGlone
Mike McGlone, the senior commodity strategist at Bloomberg, believes that Bitcoin, the most popular cryptocurrency, is still on course to reach $100,000. In the second half of 2022, oil prices will co...
BTC, AVAX, and LINK Price Poised For Short-Term Rally Soon! Analyst Michal van de Poppe Maps The Levels
On Tuesday morning, the two biggest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) were trading higher. The total value of the cryptocurrency market increased by 1.77 percent to $1.12 trillion. On...
Bitcoin Price Holds Support, Why BTC Might Attempt Fresh Increase
Bitcoin price gained pace above the $23,500 resistance against the US Dollar. BTC could start a fresh increase if it stays above the $23,500 pivot level. Bitcoin started a decent increase above the $2...
Bitcoin Reaching $100,000 Is “Matter of Time,” Says Bloomberg’s Mike McGlone
Alex Dovbnya Bloomberg’s Mike McGlone continues to stand by his $100,000 Bitcoin price prediction Bitcoin, the top cryptocurrency, is still on track to reach $100,000, according to Mike McGlone, the s...
Sphere 3D Bitcoin production remains flat in July amid US customs problems, crypto winter
Carbon-free mining company Sphere 3D‘s July 2022 report showed that it managed to keep up with its usual performance in July even though the 4,000 new mining rigs were held back in the U.S. customs du...
Bitcoin Mining Now Uses 10.9% More Renewables, Goes Unreported
Bitcoin mining might not be the great evil we have been led to believe it is, says Daniel Batten. Since the China-ban, the Bitcoin Mining council reports a significant rise in the use of renewable ene...
Bitcoin Not Going to $30,000 Anytime Soon, Says Galaxy Digital CEO Mike Novogratz
Founder of Galaxy Digital and billionaire cryptocurrency investor Mike Novogratz expects Bitcoin to remain range bound for a while after the recent price pump. He believes that Bitcoin is not going pa...
Colombians Make Up 20% of the Customers of New Gen Crypto-Powered Accounts According to BBVA – News Bitcoin News
BBVA, a private bank based in Spain, released an article that states Latam users are very interested in their crypto-powered solutions. The institution informed that close to 20% of the users of their...
BTC Price Suffers a Setback as It Faces Rejection at $24.2K
Bitcoin Is Repelled Thrice as It Faces Rejection at $24.2K – August 8, 2022 Bitcoin has revisited the $24,000 overhead resistance as it faces rejection at $24.2K. This will be the third time, the bull...
Bitcoin And Ethereum Derivatives Regain Traction Despite The Crypto Winter: Glassnode
Although the bitcoin price has been trading sideways with a slight recovery and little volatility over the past week, Glassnode’s new report shows that there is quite a bit of investor interest in tra...
Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst
Bitcoin is likely to transition from a risk-on to a risk-off asset in the second half of 2022, as the macroeconomic environment is rapidly shifting towards a recession, said Mike McGlone, senior commo...
Bitcoin, Ethereum, Polygon, and Ethereum Classic Daily Price Analyses – 8 August Roundup
The global crypto market has continued to see bullishness from investors. The value of Bitcoin, Ethereum, and others has shown a positive trend. In comparison to the previous day, there have been fluc...
Cardano, Shiba Inu, Avalanche Post Modest Gains as Bitcoin Retests $24K
Cardano, Shiba Inu and Avalanche were recording gains at press time, posting a 24-hour positive change of 3.71%, 4.14% and 4.73%, respectively. A slight recovery in the price of Bitcoin on Aug. 8 spar...
Bitcoin Rising Due To External Push Amid Downtrend In Active Wallets?
The Bitcoin (BTC) price on Monday rose sharply despite a downtrend in the number of active addresses. At one point, the cryptocurrency touched the $24,200 level. It appears that it is not much because...
Elon Musk Challenges Twitter’s CEO to Public Debate on Fake Accounts and Spam Bots – Featured Bitcoin News
Tesla and Spacex CEO Elon Musk has challenged Twitter’s CEO to a public debate over the platform’s fake accounts and spam bots. A recent poll conducted by Musk showed that nearly 65% of respondents do...
Distressed Crypto Platform Zipmex to Resume Some BTC and ETH Withdrawals (Report)
The Thai-based cryptocurrency exchange – Zipmex – will reportedly enable its customers to partially withdraw some of their Bitcoin and Ether holdings, starting from August 11. The company was one of t...
Tourism Spike is Thanks to Bitcoin
Nayib Bukele, the president of El Salvador, recently spoke about the spike in tourists visiting the country, despite the Bear Market. El Salvador has been included in the ranking of the World Tourism ...
Why Bitcoin At $100K Is Just A “Matter Of Time”: Bloomberg Intelligence
Bitcoin follows what Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone, calls an “enduring trajectory”. The benchmark crypto is one of the best-performing assets in history, as the ...
Market Wrap: Bitcoin Climbs Above $24K
Bitcoin’s gains have for the most part dovetailed with traditional markets. On Monday, the Dow Jones Industrial Average rose 0.09%. The tech-heavy Nasdaq Composite Index, meanwhile, fell 0.10% a...
Coinbase Deal with BlackRock Could Lead To An Explosion In The Bitcoin Price, Claims Analyst – Coinpedia – Fintech & Cryptocurreny News Media
Popular crypto Analyst, anonymously known as InvestAnswers, took to his Youtube Channel to break down the possibility of a Bitcoin explosion to $773,000 with the recent partnership between Coinbase an...
Early BTC Core Developer Has Some Advice for Bitcoin Maximalists
Matt Corallo – a long-time Bitcoin developer and one of Blockstream’s Co-Founders – thinks BTC maximalists are not helping their favorite cryptocurrency by calling all other digital asset protocols “s...
Federal Reserve Governor Supports More 75bps Rate Hikes Citing ‘Significant Risk of High Inflation Into Next Year’ – Economics Bitcoin News
Federal Reserve Governor Michelle Bowman says she supports ongoing 75 basis point interest rate hikes “until inflation is on a consistent path to significantly decline,” citing “a significant risk of ...
Bitcoin Long-Term Holders Have Shifted To Distribution Recently
Data released by Glassnode suggests Bitcoin long-term holder behavior has shifted from accumulation to distribution recently. Bitcoin Long-Term Holders Have Shed 222k Coins Off Their Stack Since May A...