Journalist Posted: September 10, 2023 Bitcoin’s transfer volume was just 25% higher than the cycle low. The monthly average of new addresses was significantly lower than the yearly average. Once a bee...
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Bitcoin Price Goes up 3%, Here’s Traders’ Reaction to That
Yuri Molchan Recent mild Bitcoin price rise has caused another important metric to rise A recent report published on X app by the Santiment on-chain data aggregator says that after Bitcoin added nearl...
Bitcoin Lingers Below $26K Amidst Mixed Market Signals and Predicted ‘Mid-Cycle Lull’
Bitcoin’s price appears stuck in a bearish trend, trading below $26,000 at the time of writing. However, a medley of market metrics and historical data points to a potentially more volatile phase ahea...
Bitcoin support holds strong as whole coiners rise
Journalist Posted: September 10, 2023 Bitcoin surged in whole coiner count at its press time support range. However, bearish concerns overshadowed the king coin’s metrics. The world was waiting for Bi...
El Salvador’s Bitcoin Curriculum Will Teach Students the ‘Dark Side of Fiat’
Exactly two years after establishing Bitcoin as legal tender, El Salvador’s Ministry of Education began its pilot program on Thursday to bring Bitcoin education to the nation’s public schools. The pro...
Bitcoin Prophecy from the CEO of Marathon Digital, One of the Largest Mining Companies: “The Impact on the Market…”
Fred Thiel, CEO of Marathon Digital, one of North America’s largest Bitcoin (BTC) mining companies, recently shared his views on the Bitcoin halving, which is expected to take place in March 202...
Bitcoin Spark Dominates Old Dogecoin And ZCash Tech With Proof Of Process Mining
In the crypto industry, there have been several upcoming projects that seek to dominate Dogecoin and ZCash. Dogecoin is among the digital currencies that have promoted the development of the blockchai...
US Regulator Slaps Trading Firm With $1,700,000,000+ Penalty for Defrauding Thousands of 29,420 Bitcoin
The Commodities Trading Futures Commission (CFTC) is hitting a South African Bitcoin (BTC) trading and networking firm with a ban and a $1.7 billion penalty for defrauding investors. In a new press re...
How This African Non-Profit Is Building an Army of Bitcoin Devs
Qala, a little-known African non-profit has been quietly training developers to work at Bitcoin and Lightning Network firms across the continent. Earlier this week the group announced it’s getting the...
Steve’s 5.3 Bitcoin Theory Targets The Next Cycle Top At About $77,000
Key Points: Steve’s theory of Bitcoin returns diminishing by 5.3x questioned. To reach $100,000, Bitcoin needs to diminish by 3.84x, and $77,000 target might break Fibonacci extensions. Steve’s theory...
Bitcoin Spot ETF Anticipation: Why Isn’t the Market Reflecting Strength?
Amidst growing anticipation for the imminent launch of a Bitcoin Spot ETF, market observers have been left puzzled by what appears to be a relatively muted response. In an attempt to shed light on thi...
Calm Before the Storm? Bitcoin Consolidation Around $26K Approaching an End (BTC Price Analysis)
After experiencing a significant downward move that brought Bitcoin’s price quickly close to the $25K threshold, bearish momentum has temporarily subsided, giving way to a phase of consolidation marke...
MicroStrategy To Release Quarterly Updates on Bitcoin Holdings, Ignoring Impairment Losses
Software developer MicroStrategy is set to revamp its reporting of Bitcoin (BTC) holdings each quarter, thanks to a recent decision by the Financial Accounting Standards Board (FASB). Greater transpar...
Michael Saylor Highlights Futures ETFs Gap Vs Bitcoin Price
At a time when the spot Bitcoin ETFs appear likely to be the next big market movers in the crypto ecosystem, MicroStrategy cofounder and Bitcoin supporter Michael Saylor explained about a key gap that...
Chainalysis Denounces Bitcoin Core Contributor As “Unqualified”
If you haven’t had a good laugh at Chainalysis’ attempts to defend the use of its blockchain forensics software for law enforcement purposes in light of recent court proceedings, now may be the time. ...
Bitcoin ETF Market Will Grow Into A $100 Billion Juggernaut If Approved
Key Points: US spot Bitcoin ETF market estimated to reach $100B, if approved. Spot ETFs likely to be cheaper and more efficient than current futures ETFs. New money attracted to spot ETFs for longer-t...
US Senator Applauds Bitcoin Mining’s Role In Bolstering The Economy And Grid
In an interview with Forbes, Texas Senator Ted Cruz voiced support for Bitcoin mining and affirmed that mining operations benefit the Texas economy and grid. Cruz admired the decentralized nature of c...
Bitcoin Breaks Above US$26,000 and Astar Becomes the Biggest Earner.
Bitcoin hits US$26,000, Astar tops gainers in Cryptocurrency prices today Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, managed to climb above the US$26,000 mark early Friday....
Here Is Why a Spot Bitcoin ETF Could Trigger a 66% Bull Rally
K33 Research anticipates that spot Bitcoin exchange-traded funds (ETFs) will draw over 30,000 BTC within their first 10 trading days, worth nearly $1 billion. This capital influx could elevate the pri...
Tim Draper Still Thinks Bitcoin is the King of Crypto
Tim Draper of Draper Associates recently took part in an interview in which he commented that bitcoin is likely to outdo all other digital currency assets, and that it will maintain its position at th...
CFTC fines Bitcoin trading firm $1.7 billion for forex fraud
contributor Posted: September 9, 2023 CFTC undertook major enforcement action against MTI and its leadership. The scheme lured in nearly 30,000 Bitcoin from at least 23,000 individuals in the United S...
Attention Trades; Bitcoin to Remain Flat This Weekend-Do Not Expect Any Major Move
Crypto markets nowadays have become less interesting as they have been trading in the absence of the required liquidity. Besides, the bears also appear to remain inactive, which has compelled the pric...
Bitcoin miners cash in as network fees surge by 38%
The transaction fees paid to use the Bitcoin network increased by double digits. This has been due to a spike in daily inscriptions on the network. Bitcoin’s [BTC] network fees climbed by 38% in the l...
How Bitcoin Miners in Texas Are Making Millions Without Mining at All
A sizzling Texas has turned its power grid into overdrive recently, enforcing emergency procedures into action–affecting first and foremost, Bitcoin miners. Due to the excessive heat the lone star sta...
ChatGPT breaks down 9 factors that can end Bitcoin as we know it
Proponents of Bitcoin (BTC) argue that its decentralized nature offers protection against threats encountered by traditional financial systems. Nevertheless, like any other financial or investment pro...
The Fed could lose $100B — Does this spell catastrophe for Bitcoin?
On the latest episode of “Macro Markets,” Marcel Pechman explains the potential implications for crypto of the Federal Reserve losing $100 billion. On this week’s episode of “Macro Markets,” Coi...
Texas Bitcoin Miners Forced To Stop Operations Due To Energy Crunch
Bitcoin miners in Texas are facing a temporary setback as they power down their operations in response to the state’s ongoing energy crisis. The scorching heatwave that gripped the Lone Star State for...
Gideon Powell Thinks Highly of Bitcoin Miners
Gideon Powell – the chief executive of Texas-based petroleum company Cholla Inc. – thinks bitcoin miners are revolutionary people that are bringing new levels of innovation to the U.S. Gideon Powell o...
Bitcoin energy value metric puts BTC’s ‘fair value’ at $47K — Analyst
Bitcoin’s price is trading in a frustratingly tight range between $25,500 and $26,500, leaving traders unsure of the next direction that the asset could take. However, Charles Edwards, founder of Capr...
Bitcoin on the Brink as Death Cross Looms
Alex Dovbnya Bitcoin hovers dangerously close to a “Death Cross,” a technical indicator often signaling a bear market Bitcoin finds itself on the cusp of a concerning technical indicator: the “Death C...
Texas provides Riot $31.7m to halt Bitcoin mining amidst energy crisis
Texas Bitcoin miners have cut back 90% of their operations during the energy crisis after the state offered $31.7 million in energy credits. Amid an escalating power crisis driven by extreme weather ...
Bitcoin Spark Explodes In Transaction Volume!
Bitcoin has asserted its dominance as the largest cryptocurrency network in the world. However, blockchain technology is growing exponentially with the rise of new altcoins daily. A new blockchain net...