The Taker Buy/Sell Ratio shows that the recent rebound from $33K to $43K has created some positive momentum in the market. On the other side, technical analysis is signaling a correction in the short ...
Tag: Bitcoin
This Mysterious Bitcoin Whale Just Moved BTC Worth $1.9 Billion As Exchange Balances Fall ⋆ ZyCrypto
Advertisement     There is never a dull day in crypto or so they say. This manifested on Saturday after a mysterious Bitcoin whale created a wallet and deposited a who...
Bandana Wearing Cryptopunk NFT Smashes Records Selling for $23 Million in Ethereum – Markets and Prices Bitcoin News
The Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapli...
4 factors to consider when choosing an industrial-scale Bitcoin mining location
Large-scale miners are the dominant players in Bitcoin (BTC) mining — we should know because we are one. Having scaled up from a set of mining rigs in my dorm room, our team at Genesis Digital Assets ...
Bitcoin Hashrate Explodes 30% in a Day to a New All-Time High
Despite the ongoing geopolitical uncertainty and economic turmoil throughout the world, Bitcoin’s network continues to get more robust. Following a recent spike, its hashrate reached yet another all-t...
Bitcoin, Ethereum, TERRA, Cardano Price Analysis — 13 February Morning Prediction
TL;DR Breakdown Bitcoin is cautiously navigating the $40-42K range. The crypto market is flouncing to get stability TERRA is up by more than 3% Terra and Cardano gains 3 percent and 2 percent, respec...
Indian Parliament Member Clarifies Legal Status of Cryptocurrency – Regulation Bitcoin News
Cryptocurrency is currently a gray area in India. It is neither legal nor illegal. A parliament member, India’s finance secretary, and the minister of finance have recently clarified the legal status ...
Bitcoin Mining Hash Rate Spikes by 30% in 24 Hours
Over the last 24-hours, Bitcoin’s network hash rate rose by 31.69% to reach 248.11 EH/s, further ascertaining the resilience of the network against possible exploitation during the mining process. The...
The 120,000 Bitcoin Bitfinex Heist to be Turned into a Netflix Documentary
The world of cryptocurrencies, especially in its earlier years, had a reputation of being the playing ground of hackers and various malicious entities. And while this has changed to a huge degree in t...
Cardano Outpaces Bitcoin, Ethereum in Transaction Volume; Here Is the Distinction
Tomiwabold Olajide Cardano surpasses Bitcoin, Ethereum in transaction volume, here is the difference this time According to data provided by Messari, Cardano is ahead of Bitcoin and Ethereum in terms ...
Russian Regulators Find Common Ground — Bitcoin Can’t Be Used for Payments – Regulation Bitcoin News
Russian authorities are yet to reach full consensus on the future of cryptocurrencies but government institutions are on the same side of the fence in their intention to ban bitcoin payments. Other op...
It’s Not Too Late to Invest in Bitcoin, Say Wells Fargo Analysts
Analysts at Wells Fargo Investment Institute (WFII), the advisor and subsidiary of Wells Fargo Bank, have asserted that cryptocurrency adoption is still in its early stages. It’s Not Too Late to Buy C...
Bitcoin inches towards higher weekly close with CME futures gap in focus
Bitcoin (BTC) was on the cusp of making a new higher weekly close on Feb. 13 as bulls kept the market above $42,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin: Potential CME ...
Bitcoin dethroned on CoinGecko for the second time in history
Bitcoin was yet again dethroned as the single largest digital currency following a glitch on CoinGecko Earlier a CoinMarketCap glitch had led to Wrapped Bitcoin (wBTC) leading the numbers chart BTC’...
‘Financial Catastrophe’—A Legendary Investor Revealed A Shock 2022 Bitcoin Prediction Amid Wild Crypto Price Swings
Bitcoin and cryptocurrencies have had a tough start to 2022—with some predicting more pain could be on the way—after rocketing last year. Subscribe now to Forbes’ CryptoAsset & Blockchain Ad...
Cardano Beats Bitcoin, Ethereum To Become Network With The Most Transaction Activity ⋆ ZyCrypto
Advertisement     On Sunday, crypto data aggregator Messari.io showed that Cardano had beaten Bitcoin and Ethereum, rising to rank first for most transaction activity ...
FTC Warns of Romance Scams Luring People Into Bogus Cryptocurrency Investments – Regulation Bitcoin News
The U.S. Federal Trade Commission (FTC) has warned about romance scams using cryptocurrency. Scammers use romance as a hook to lure people into bogus investments, especially crypto, the federal agency...
Cardano Surpasses Bitcoin by Transaction Activity as ADA Price Remains in Limbo
Alex Dovbnya Cardano has once again surpassed Bitcoin in terms of daily transaction volume Cardano has trumped Bitcoin when it comes to adjusted transaction volume over the past 24 hours ($17.15 billi...
XRP and One Low-Cap Altcoin Gearing Up for Rallies As Bitcoin (BTC) Pulls Back: Top Crypto Analyst
A popular crypto strategist is predicting rallies for XRP and one decentralized finance (DeFi) altcoin and says that Bitcoin (BTC) will likely take a breather. Pseudonymous analyst Credible tells his ...
Ripple Soars 8%, Bitcoin Maintains Crucial $42K
Bitcoin’s correction stopped for now at a crucial level around $42,000, which was the January 2021 all-time high. Most altcoins have also stalled or displayed minor gains, excluding Ripple, which went...
Spain Modifies Tax Model 720, Used to Declare Cryptocurrency Holdings Abroad – Regulation Bitcoin News
The Spanish parliament has introduced an amendment to the tax model 720 used to declare cryptocurrency and other holdings abroad, softening some of the penalties associated with it. The modification, ...
Bitcoin network hash rate explodes to a new all-time high of 248.11 EH/s
The Bitcoin (BTC) network has recorded a new hash rate all-time high of 248.11M TH/s as of Feb. 12, 2022, further securing the decentralized ecosystem through a growing network of global BTC miners. ...
South Korea Jails Seven Masterminds of Country’s ‘Largest Crypto Fraud Scheme’ – Regulation Bitcoin News
Seven executives of the collapsed South Korean scam cryptocurrency exchange, V Global, were recently handed lengthy jail sentences as punishment for their role in running one of the country’s biggest ...
Bitcoin, Ethereum, Ripple, Tezos Daily Price Analyses – 12 February Roundup
TL;DR Breakdown The global crypto market cap drops to $1.90 trillion. Bitcoin stays sluggish around the $42,200 mark. Ethereum drops below $3,000 after bleeding on daily and weekly price candles. Rip...
Cydia Dev Discloses Ethereum L2 Bug — Optimism Attacker Could Have ‘Printed an Arbitrary Quantity of Tokens’ – Bitcoin News
On February 10, the well-known developer of Cydia and iOS Jailbreak, Jay Freeman, otherwise known as Saurik, published a Twitter thread about a bug he found in the Layer-2 (L2) scaling protocol known ...
Hungary’s Central Bank Governor Calls for EU-Wide Ban on Cryptocurrency Trading and Mining – Bitcoin News
The governor of Hungary’s central bank has called for a ban on cryptocurrency trading and mining in the European Union. “It is clear-cut that cryptocurrencies could service illegal activities and tend...
“Bitcoin Is Insurance Against Financial Catastrophe,” Asserts Billionaire Investor Bill Miller ⋆ ZyCrypto
Advertisement     In a Wednesday interview with CNBC, Bill Miller once again laid out his cards on why he had fallen in love with Bitcoin, stating that the cryptocurre...
Uber Will Accept Bitcoin When It “Becomes More Environmental Friendly” – CEO Khosrowshahi ⋆ ZyCrypto
Advertisement     Uber, the largest ride-hailing company globally has confirmed that the firm is open to accepting Bitcoin payments in the future. In a Friday intervie...
Cryptocurrency Has Entered ‘Hyper-Adoption Phase’ – Featured Bitcoin News
Financial services firm Wells Fargo says that cryptocurrencies are viable investments that have entered the “hyper-adoption” phase. “Cryptocurrencies have been following an adoption pattern similar to...
While Bitcoin drops, NFTs soar: Footprint Analytics Monthly Report
December’s crypto market slowdown became a full downturn in January. DeFi activity shrunk while the prices of BTC and ETH dropped. However, one asset grew faster than ever. According to Footprint Anal...
Bloomberg Outlines Bullish Catalysts For US Spot Bitcoin ETF Approval And Crypto Regulation ⋆ ZyCrypto
Advertisement     Key Takeaways Despite the SEC delaying ETFs, Bloomberg analysts see room for more adoption in the coming months. More Crypto adoption is also expect...
Got Bitcoin? Uber CEO Says Ride-Sharing App Could Accept Crypto in Future if These Conditions Are Met
The head of the world’s leading rideshare company says it’s likely they’ll accept cryptocurrencies as payments down the road. In a new Bloomberg interview, Uber CEO Dara Khosrowshahi tells host Emily ...