The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an ...
Category: Bitcoin
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Bitcoin Holds above $40,000, Takes a Breather as Bulls Contemplate Next Move
Jan 10, 2022 at 12:15 // News After the January 7 plunge, the price of Bitcoin (BTC) has fallen above the psychological price level of $40,586. The bulls have bought the dips and Bitcoin is trading at...
Bitcoin batters longs as liquidations copy May 2021 run to $30,000
Bitcoin (BTC) has dealt significant pain to bulls in recent weeks, and now, fresh data shows just how much. In a tweet on Jan. 10, on-chain analytics firm Glassnode revealed that those longing BTC had...
Binance CEO’s $96B Fortune Is Worth Double Satoshi’s Bitcoin Stash: Report
Changpeng Zhao, CEO of crypto exchange Binance, has become one of the richest men in the world, with a fortune of $96 billion, per Bloomberg’s Billionaires Index. The near-$100 billion dollar wealth ...
Bitfarms Buys $40 Million Bitcoin – Trustnodes
Bitfarms, the stock traded bitcoin miner has announced they bought 1,000 bitcoin during the first week of January, worth $43 million. “Our guiding company strategy at Bitfarms is to accumulate the mos...
WisdomTree: Bitcoin is like gold
During a recent interview, WisdomTree’s Global Chief Investment Officer Jeremy Schwartz said that Bitcoin plays a similar role to gold. The WisdomTree ETF WisdomTree is a $76 billion-plus asset manag...
Kosovo Police Seize Hundreds of Bitcoin Mining Machines Amid Electricity Shortages
Police in Kosovo reported the seizure of more than 300 Bitcoin mining devices since the raids against miners began last week. On January 6, police said it confiscated 67 mining devices “suspected to b...
Bitcoin (BTC) Struggles With $40,000 Level After Suffering Bearish Week
Bitcoin (BTC) is still trading above some important horizontal support levels but is not showing any decisive bullish signs. Bitcoin decreased considerably during the week of Jan 3-9, falling to a low...
5 Top Crypto to Buy this Week [BTC, ETH, SOL, BNB, ADA] January Week 2 2022
The crypto space began 2021 with a bang with record highs shown in the first half of the year. In 2022, the nascent industry has taken a more subdued form as most blockchain-based assets are currently...
Spanish Lawmaker Tables a Proposal to be Bitcoin Mining Hub after Kazakhstan Internet Shutdown
Maria Munoz, a member of the Congress of Deputies, seeks to make Spain a Bitcoin mining hub while the turmoil is still rocking Kazakhstan. Munoz pointed out: “The protests in Kazakhstan have rep...
Bitcoin Boom: Central Banks Examining How To Launch Digital Versions Of Their Own Currencies
The crypto industry witnessed an advanced surge, with Bitcoin touching all-time highs. 2021’s beginning marked Bitcoin trading at $29,000, which reached $68,000 in October, up a 130% surge. MicroStrat...
Electric Car Owner Says His Hacked Tesla Model 3 Mined up to $800 a Month Mining Ethereum – Mining Bitcoin News
According to the 2018 Tesla Model 3 owner, Siraj Raval, he mined up to $800 a month in crypto assets with his hacked-out electric car. Similarly, Chris Allessi, the owner of a Tesla Model S tethered a...
Bitcoin Struggles at $42K Ahead of New Week, AVAX Up 6% (Market Watch)
Following the latest price corrections, bitcoin attempted a quick recovery in the past 24 hours but was stopped at its tracks at nearly $43,000. Most altcoins are slightly in the green, while a few ha...
Bitcoin Approaches Death Cross as Goldman Foresees 4 Fed Rate Hikes This Year
They call it bitcoin’s “death cross” – a bearish indicator which appears when the 50-day moving average (MA) dips below the 200-day MA. The ominously-named chart pattern looks set to be confirmed this...
Bitcoin Bull Uplift the Price Above $42K, How Long Will it Sustain At These Levels?
‘$40,000’, currently is not less than a nightmare for Bitcoin and the entire crypto space as all eyes lie on these levels throughout the past week. The most dominant asset has never appeared so vulner...
Spanish Deputy Suggests Spain Might Attract Kazakhstan Miners – Bitcoin News
Maria Muñoz, a Spanish deputy from the country’s Congress, wants to position its country as a reliable alternative to miners that are facing a dire situation in Kazakhstan, after their internet servic...
‘Most bullish macro backdrop in 75 years’ — 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week in a strange place — one which is eerily similar to where it was this time last year. After what various sources have described as an entire twelve months of “consolida...
Is the Bottom In? Bitcoin’s RSI at Lowest Point Since May 2021 Crash
The past weeks have been quite challenging throughout the entire cryptocurrency market, to say the least. The total capitalization is down over $300 billion in the last seven days alone. Bitcoin, alon...
Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022 – Emerging Markets Bitcoin News
In his Africa crypto market predictions for 2022, Marius Reitz, the general manager for Luno in Africa, has predicted that Kenya will scale up the adoption of cryptocurrencies. To support this asserti...
Bitcoin Price Consolidates Below $43k! Traders Should Buy the Dip or Wait for More? – Coinpedia – Fintech & Cryptocurreny News Media
As fear grips the crypto market, the Bitcoin price has seen a significant increase in selling pressure. With an 18 percent drop in the last two weeks from the resistance trendline, the price action pr...
Forget Bitcoin on-chain, the U.S. Inflation Data Will Determine the Next Move in BTC
On Sunday, January 9, the Bitcoin price bounced back, breaking its six-days of sideways move from last week. As of press time, Bitcoin is trading at $42,198 levels with a market cap of $798 billion. S...
Moviecoin․com to Transform Movie Financing on Blockchain – Press release Bitcoin News
press release PRESS RELEASE. London, England, January 10, 2022: Moviecoin.com brings movie funding and decentralized finance (defi) to both independent movie-makers and larger budget movies. Moviecoin...
Bitcoin Struggles near $800 Billion Market Cap
Since the start of 2022, the crypto market cap has been shrinking. Bitcoin is leading the latest market dump. The crypto asset lost nearly 20% of its value in the last 10 days as its market cap dipped...
The Rich Get Richer: Rethinking Bitcoin’s Power as an Inflation Hedge
The mounting inflation rates are shattering purchase & expenditure plans globally. Owing to this inflationary conflagration, consumers and firms possessing devaluing fiat currency have already shi...
Bitcoin, Ethereum, Avalanche, Polygon MATIC Daily Price Analyses – 9 January Roundup
TL;DR Breakdown Global market changes mood to bullish, adds 0.13% in 24 hours. Bitcoin is trying to steady its position as losses grow smaller to 0.28% in 24 hours. Ethereum gradually turns its mood b...
Top 3 Coins to Watch this Week: BTC, LUNA, and MANA
The digital currency ecosystem has been experiencing a bullish plunge for the better part of the year, with the global crypto market capitalization plunging well below the $2 trillion benchmarks. Whil...
Bitcoin (BTC) Bounces Back from the Support of $40,000, Here Are Key Levels to Watch
The world’s largest cryptocurrency Bitcoin (BTC) witnessed a healthy bounce on Sunday from $40,000 levels after six days of moving sideways. The $40,000 level serves as a key psychological level for B...
Indian Crypto Industry Seeks Tax Clarity in Union Budget 2022-23 – Taxes Bitcoin News
An Indian industry association has written to the country’s finance minister seeking clarity on cryptocurrency taxation in Union Budget 2022-23. “The budget should ideally offer coherent rules on dire...
Bitcoin’s Long-Term Fundamentals Remain Strong
Despite the bearish momentum in the Bitcoin market, long-term fundamentals are in the green because coins are moving from weak hands to strong ones. Market analyst Nick Mancini confirmed: “Addre...
Bitcoin Key Indicators Suggest A Strengthening Case For More Downsides
Bitcoin extended decline below the $42,000 level against the US Dollar. BTC remains at a risk of more downsides if it stays below the $43,000 pivot zone. Bitcoin extended decline and traded below the ...
Critical Levels For Bitcoin (BTC) Price! What’s next $50K or $30K? – Coinpedia – Fintech & Cryptocurreny News Media
The crypto market is in a strange state of confusion as a result of the BTCs trajectory during the last few months. After reaching an all-time high of $69,000 in early November, Bitcoin has generally ...
Mike Novogratz Says Bitcoin Should Bottom Around $40K, Sees ‘Tremendous’ Demand From Institutional Investors – Bitcoin News
Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to bottom at around $38K-$40K. “I know big institutions who are going through their process to put positions on. They’re going to see tho...