JPMorgan Says Bitcoin Production Cost Drops 50% to $13,000, Why This Is Negative for BTC?

Wall Street banking JPMorgan has recently published a report that suggests that the Bitcoin production cost has dropped 50% over the last month. Currently, the BTC production cost stands at $13,000 do...

Bitcoin Price Reclaims $20K, Can BTC Surpass The 100 SMA

Bitcoin extended losses and traded below $19,200 against the US Dollar. BTC found support near $19,000 and started an upside correction. Bitcoin traded as low as $18,916 and started an upside correcti...

Price analysis 7/13: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO

Bitcoin price saw a brief pull-back following July 13’s high inflation print, but the rebound seen in BTC and altcoins suggests that buyers are buying the dip. The United States Consumer Price Index s...

SEC Extends Deadline for Approving Ark Invest’s Bitcoin ETF to August

The latest development from the regulatory body reportedly comes after the commission rejected Grayscale’s attempt to convert its Bitcoin trust into an ETF in June. The United States Securities and Ex...

CoinShares CSO expects Bitcoin pump to ATH within two years

The chief strategy officer at CoinShares, Meltem Demirors, has said that Bitcoin will achieve a new all-time high within the next two years. During an interview with CNBC’s Squawk Box, Demirors said t...

Cost of Producing Bitcoin Dropped to around $13,000, says JPMorgan

The cost of producing Bitcoin has gone negative as it dropped from about $24,000 at the start of June to around $13,000 now, according to JPMorgan Chase & Co. Bloomberg reported, citing a note fro...

14% of Saudis Are Crypto Investors, 76% Have Less Than One Year of Experience in Cryptocurrency Investment – Featured Bitcoin News

About 14% of Saudi residents are either current crypto investors or have traded crypto in the past six months, the latest Kucoin study has found. The study has also found that 76% of investors have le...

Why Alex Tapscott quit his high-paying job to write a book about Bitcoin

“In 2015, I quit my job at the tender age of 29 to do something I’d never done, which is to write a book with no idea of what would come afterward.” Fast forward seven years later, A...

BTC, ADA, and BNB Price Analysis for July 13

Denys Serhiichuk Can the second part of July become bullish for the cryptocurrency market? The cryptocurrency market is slightly recovering after the correction, with some of the coins returning to th...

Inflation Surges Again in June, Bitcoin Slides, Stocks Open Lower

Annual inflation hit 9.1% in June, surpassing analysts’ expectations yet again Core CPI reached 5.9%, also coming in hotter than expected Annual inflation rose again in June, surpassing analyst expect...

Bitcoin, Ethereum, Cardano, and Tron Daily Price Analyses – 13 July Roundup

The global crypto market continues to improve as the influx of capital continues. These changes have helped it regain value as investors intend to strengthen it. The value of Bitcoin and other coins i...

3 reasons why Bitcoin is struggling to flip $20K to support

The positive gains recorded in the first ten days of July have all but disappeared on July 13 as Bitcoin (BTC) and the wider market slid back toward new yearly lows. Subdued action in the market can b...

Michael Saylor Discloses Real Value of Bitcoin Despite Record Inflation

Gamza Khanzadaev MicroStrategy’s CEO continues to endorse BTC amid bad inflation report The main subject of discussion on financial markets, and in crypto in particular, was the record U.S. inflation,...

Is Soaring US Inflation Rate Hurting Bitcoin’s Revival Chances?

Key inflation data in the United States in June was just released by the Bureau of Labor Statistics on Wednesday, highlighting among many things that consumers are paying much more for basic necessiti...

State-Owned Swiss Bank Postfinance to Offer Clients Direct Access to Crypto Market – Featured Bitcoin News

Swiss post office’s banking unit, the state-owned Postfinance, is reportedly preparing to enter the crypto market. “Our clients want direct access to this market through their house bank.” Swiss Post ...

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BTC/USD Bears in Charge Below 20000: Sally Ho’s Technical Analysis 14 July 2022 BTC

Bitcoin (BTC/USD) lengthened its ongoing depreciation early in the Asian session as the pair remained weak below the psychologically-important 20000 figure after trading as low as the 19226.47 area.  ...

Chamath Palihapitiya Says Bitcoin Has to Be Regulated Like Security

Alex Dovbnya Billionaire Chamath Palihapitiya has called for implementing more stringent regulations for Bitcoin During a recent podcast appearance, Chamath Palihapitiya, a Sri Lankan-born Canadian an...

BTC Gets Ready to Hit $22,000 Resistance

As the Bitcoin price prediction shoots above $19,500, the bulls are ready to push the king coin to cross the resistance level of $20,000. Bitcoin Prediction Statistics Data: Bitcoin price now – $19,87...

EU Regulator Warns About Crypto — Questions Whether Many Will Survive – Bitcoin News

European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question” about whet...

Negative CPI Report Causes Bitcoin Market Cap To Lose $15 Billion In 10 Minutes

For the month of June 2022, the US Bureau of Labor Statistics published its Consumer Price Index. The Negative CPI was found to be 9.1%, the largest inflation increase in the US in the previous 40 yea...

Bitcoin Can Now Be Bought at Over 175,000 ATMs as Hyosung America Adds Crypto Functionality

Tomiwabold Olajide ATM provider Hyosung America to add cryptocurrency services to 175,000 ATMs and AppStore Bitcoin can now be bought at over 175,000 ATMs as Hyosung America adds cryptocurrency servic...

Adshares Establishes Premium Partnership With Sandbox – Press release Bitcoin News

press release PRESS RELEASE. Adshares (ADS) is putting another stake in Metaverse’s advertising territory through a partnership with Sandbox (SAND). The long-awaited partnership by the Adshares commun...

How will the Grayscale SEC Lawsuit affect Bitcoin?

Recently, Grayscale company issued a lawsuit against the SEC as the latter denied them from listing their spot Bitcoin ETF. Grayscale is a well-known big crypto company that many investors look up to....

Bitcoin (BTC) Price Is Stuck Below $20K as Chronoly.io (CRNO) Token Rises 560%

Nowadays, it’s safe to assume that pretty much everyone has heard of Bitcoin (BTC), and the largest cryptocurrency by market cap has been the catalyst to the innovation of blockchain technology. But f...

While Inflation Hits 9.1%, Bitcoin & Ethereum Plummets!

The US consumer price index (CPI) data has been revealed, which stands at 9.1% from 2021. The data has made a major impact on both the traditional and crypto market. The two main drivers of the crypto...

US SEC Postpones Decision on Ark Invest’s Bitcoin ETF Application (Report)

ARK Investment Management – a company spearheaded by fund manager Cathie Wood – will reportedly have to wait longer than expected to hear the US SEC’s decision on whether it can launch a spot Bitcoin ...

Finder’s Bitcoin Prediction Report Expects BTC to Bottom at $13,676 and End the Year at $25,473 – Markets and Prices Bitcoin News

According to the latest crypto prediction report published by the product comparison platform finder.com, 77% of 53 fintech specialists polled in the report say cryptocurrency markets are officially i...

The search term ‘Bitcoin Crash’ is trending — Here’s why

Last year, the word “crypto” was trending all over the internet as the crypto market was generally flourishing.  However, now it appears that the good fortunes of digital coins havee waned as cryptos ...

Bitcoin Snaps Five-Day Losing Streak; Even Traders See More Hawkish Fed

●Bitcoin (BTC): $19,717 +1.2% ●Ether (ETH): $1,079 +3.2% ●S&P 500 daily close: 3,801.59 −0.5% ●Gold: $1,731 per troy ounce +0.5% ●Ten-year Treasury yield daily close: 2.90% −0.05 Bitcoin, ether an...

Top Crypto Analyst Warns of More Downside for Ethereum Rival Solana (SOL), Updates Forecast for Bitcoin (BTC)

A popular crypto strategist is issuing a warning to investors and traders of Ethereum (ETH) competitor Solana (SOL). Crypto analyst Justin Bennett tells his 101,900 Twitter followers that Solana has b...

Climate Change To Force Bitcoin Ban and Carbon Taxes on Crypto Transactions, Says ECB Official

A new report from the European Central Bank (ECB) finds that climate change may force carbon taxes on crypto transactions as well as a ban on mining proof-of-work assets like Bitcoin (BTC). The report...