Bitcoin miners in the Lone Star State are back in action after halting operations over power cuts at the start of the month. Texas power grid operator, the Electric Reliability Council of Texas (ERCOT...
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BTC/USD Builds Gains Above 22974: Sally Ho’s Technical Analysis 21 July 2022 BTC
Bitcoin (BTC/USD) attempted to extend recent upside progress early in the Asian session as the pair escalated higher to the 24223.46 level after recent buying pressure emerged around the 22899 area du...
Bitcoin Holders in ‘Accumulation Mode’ Suggest Speedy Recovery: Glassnode
As Bitcoin spiked through the resistant level of $23,000 after dipping below $19,000 recently, many expected that the breakout signaled a short-term relief rally. Glassnode’s weekly report predicts th...
Consensys to Tokenize Smart Contract and Blockchain Audits via TURN Token Launch – Altcoins Bitcoin News
The Ethereum-centric and decentralized protocols software firm Consensys has announced the launch of TURN token, or “Time-Unit Representative NFTs.” Consensys details that TURN tokens will create a ne...
Short Positions Over $165 Million Get Liquidated Following The Bitcoin And Ethereum Uptrend
No one can say that the crypto winter is over yet, But the good news is that Bitcoin and ETH seem to have gained significant momentum in the past 24 hours. This greenish price movement has caused many...
Tesla sold $936 million worth of bitcoin in the second quarter
Electric car maker Tesla (TSLA) sold $936 million worth of bitcoin during the second quarter, the company said Wednesday, citing uncertainties related to COVID-19 shutdowns in China. Tesla’s rem...
Anonymous BTC Whale Transfers 46,000 BTC, But No One Knows Why
Arman Shirinyan One of biggest Bitcoin addresses in world makes enormous move One of the biggest nonexchange transactions worth 46,000 BTC, or $1 billion, appeared on the chain, causing a slight contr...
Bitcoin mining difficulty expected to see largest drop since China ban
Bitcoin (BTC) mining difficulty is expected to adjust downwards by about 4.5% during the next adjustment window, on July 21 at around 7 p.m. BST, according to an analysis conducted by CryptoSlate usin...
Tesla Sold 75% of Its Bitcoin in the Last Quarter
Key Takeaways Tesla has revealed that it sold 75% of its Bitcoin holdings during the last quarter. The electric vehicle company stated it had raised $936 million in cash from slashing its holdings, bu...
Bitcoin mining is increasingly sustainable
The latest report released recently by the Bitcoin Mining Council (BMC) reveals that now 59.5% of Bitcoin mining activity globally is powered by a mix of sustainable energy sources. The energy source...
Crypto Exchange Zipmex Halts Withdrawals Citing Market Conditions, Financial Difficulties of Business Partners – Exchanges Bitcoin News
Cryptocurrency exchange Zipmex has halted withdrawals due to “volatile market conditions, and the resulting financial difficulties of our key business partners.” The exchange operates in Singapore, Au...
Sustainable Bitcoin mining power mix hits 59.5% –
60% of the electricity used to power Bitcoin mining machines comes from sustainable sources BTC Price at the time of writing – $23,787.77 It’s Market Cap is up by 7% over the past 24 hours Almost 60% ...
Bitcoin holds 5-week high as trader suggests ‘parabolic’ bear trend is over
Bitcoin (BTC) took aim at $24,000 on July 20 after a night of solid gains put bulls in the driving seat. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Parabolas violated Data from Cointe...
14,000 BTC Transferred as Record High since 2021 due to ‘Miner Capitulation’
According to data from blockchain analytics firm CryptoQuant, bitcoin miners have transferred 14,000 bitcoins over the past few weeks. Bitcoin was trading around $23,448.55, up about 7.5% over the pas...
Bitcoin Miners In Texas Back Online After Shutdown To Ease Stressed Power Grid
An industry body announced on Wednesday that major bitcoin mining facilities in Texas have resumed operations following power outages earlier in the month caused by hot temperatures that triggered a r...
Why Tesla May Have To Resume Bitcoin Payments Again?
The Bitcoin Mining Council has announced the result of its second-quarter survey. The survey reveals that the global bitcoin mining industry’s sustainability electricity mix is 59.5%. A sustainabilit...
Explore the Value Behind KCC Through KCC Validator Election – Sponsored Bitcoin News
sponsored With the development of the public chain and the growing adoption of blockchain technology, public chains initiated by crypto exchanges are getting more attention. Relying on the advantages ...
Public Bitcoin Miners Dump 25% of BTC Holdings Last Month
Data shows public Bitcoin miners dumped around 14.6k BTC during the month of June, which is about 25% of their total holdings. Bitcoin Public Miners Capitulate As Mining Revenues Stay Quite Low As per...
Developer Predicted: Bitcoin Using 100X of Energy Will Make BTC Trading at $20mn
Using the overall wasted energy could make bitcoin an absurd $420 trillion entity, says a bitcoin developer. The long-running debate about bitcoin mining’s energy consumption has added an absurd...
Bitcoin Bull Trap laid Down, A Massive Rejection May Be Fast Approaching!
Bitcoin price over the past couple of days has displayed immense strength that enabled the price to surge beyond $23,000 during the early trading hours. The asset broke out from the bearish pattern an...
Bitcoin is ‘back’ after 73 days and here’s what’s coming next
With significant resistance levels being broken by cryptocurrencies like Bitcoin and Ethereum, the market has only soared higher. ETH, for instance, was leading the market recovery with a 40% increase...
Analysts Suspect the Fed Will Bump Federal Funds Rate by 75 bps Next Week, Others Predict the ‘Biggest Hike in Decades’ – Economics Bitcoin News
Following the recent U.S. consumer price index report that indicated inflation in America has reached a 40-year high, many expect the Federal Reserve to hike the benchmark interest rate by 75 to 100 b...
Bitcoin price holds $23.5K, leading bulls to say ‘it’s different this time’
Similar to Stockholm syndrome, where captives develop a psychological bond with their captors, crypto winters have a way of flipping even the most bullish cryptocurrency supporters bearish in a short ...
Crypto Researcher Who First Called Bitcoin $50K Says The Current BTC Rally Is Fake
– Advertisement – The founder of a popular market research firm thinks BTC is on a dead cat bounce. Since the beginning of 2022, the crypto market and the stock market have experienced...
Final Fantasy Maker Square Enix Backs Bitcoin Gaming Startup Zebedee in $35M Round
In brief Bitcoin gaming startup Zebedee has raised a $35 million Series B funding round. Final Fantasy publisher Square Enix is one of the startup’s new backers. While a lot of crypto gaming activity ...
Bitcoin: What Wikipedia won’t tell you about BTC’s recovery to May levels
Bitcoin [BTC] is back above $23,000 for the first time since 13 June, thanks to a strong bullish performance in the last seven days. Eagle-eyed BTC enthusiasts may have noticed that the latest rally p...
Crypto Market Cap Maintains $1T Level as BTC Fear Index Draws Back to Fear – crypto.news
The Bitcoin ‘Fear and Greed’ index is back at ‘fear’ from ‘extreme fear’ for the first time in 73 days according to recent analysis. The data shows that the long-term trend is still up and that taking...
Bit Farms Sells Nearly Half Its Bitcoin Stash
Bit Farms – a bitcoin mining firm – is reducing its hodling strategy and has sold roughly half the bitcoin stash it owns as a means of reducing its debt. Bit Farms Parts with Nearly 50% of Its Bitcoin...
DOGE, ADA Move to Multi-Week Highs on Wednesday – Market Updates Bitcoin News
Dogecoin rose by over 10% in today’s session, as the meme coin closed in on its highest point in almost one month. The token was higher for an eighth consecutive session, while cardano was also in the...
Why Bitcoin Must Beat $25,500 To Establish A Bull Rally
Bitcoin has recovered above $23,000 off the back of a rally that had started during the last leg of the weekend. This recovery has brought more money into the market, which has helped push the price e...
Crypto May Become ‘Outlawed’—Billionaire Investor Issues Stark Crypto Prediction As Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Luna, And Dogecoin Rebound
After a rollercoaster-y start to July, crypto casts another glimmer of hope. The price of bitcoin jumped 11.3% while the ethereum price skyrocketed a mind-boggling 45.1% over the past week. Meanwhile,...
With Upcoming Interest Rate Hike from Fed, Is BTC’s Current Rally Short-Lived?
Bitcoin (BTC) has regained momentum and reclaimed the $23K level, but this begs the question if this uptick is short-lived, given that the Federal Reserve (Fed) has adopted the strategy of continuousl...