For more than 50 days or since Nov. 5, 2022, bitcoin, ethereum, and stablecoin owners removed roughly $19.19 billion in crypto assets from centralized exchanges. Between Nov. 5 to Dec. 26, roughly 356...
Tag: Bitcoin
Bitcoin poised near $17K as miner outflow hits 11-month low
Bitcoin (BTC/USD) continues to struggle around $17,000 since it traded sharply lower at the start of November amid the FTX implosion. The benchmark cryptocurrency is currently positioned near $16,826 ...
Prominent Billionaire Investor Bill Miller Remains Bullish on Bitcoin
42 mins ago | 2 mins read Bitcoin News Recent retirement didn’t stop him from making Bitcoin one of his hallmark bets. Miller likens cryptocurrencies to digital gold because of potential as a store of...
BTC price movement after El Salvador introduces Bitcoin education program for students
Bitcoin (BTC/USD) accumulation is nearing a new milestone as the supply redistribution is carrying on. The BTC balance of accumulation addresses is reaching all-time highs. Billionaire tech entreprene...
Bitcoin about to celebrate 14th birthday
On the third of January 2023 Bitcoin will celebrate its 14th birthday. What is in store for the freedom currency? The man, woman, or group of people that went by the name of Satoshi Nakamoto minted th...
Can Bitcoin Break Above $17K This Year?
Bitcoin price is holding strongly above the $16.8K level and slowly moving upwards to reclaim $17,000. The positive sentiment is also slowly rising as altcoins show upside momentum and traders expect ...
Bitcoin hodlers sit on record 8M BTC in unrealized loss, data shows
Bitcoin (BTC) is beating records this Christmas as sub-$17,000 price action sparks unrivaled pain for hodlers. Data from on-chain analytics firm Glassnode shows that both short-term and long-term inve...
Economist and Entrepreneur Peter Schiff Advises Investors To Sell Bitcoin
2 hours ago | 2 mins read Bitcoin News Peter has always been skeptical about bitcoin and has instead advocated for gold. Schiff’s warning was seen by some as proof that we’ve reached rock bottom. Pete...
The bullish case for Bitcoin as 2022 comes to an end
The price of Bitcoin (BTC) saw drastic falls throughout 2022 and is trading at $16,877.39 as of press time — down more than 66% from its all-time high price of over $68,000 in November 2021. Most inv...
Bitcoin Worth Hundreds of Millions of Dollars Keeps Outflowing from Exchanges
Gamza Khanzadaev Bitcoin keeps outflowing from exchanges by hundreds of millions of dollars According to Glassnode, the equivalent of $265.6 million worth of Bitcoin has been withdrawn from centralize...
Terra Luna Classic Skyrockets 15% Daily, Bitcoin Aimed at $17K (Market Watch)
Over the past 24 hours, the cryptocurrency market remained relatively calm – perhaps somewhat expectedly, given the Christmas holidays. This is also reflected in the diminishing daily trading volume. ...
Billionaire Entrepreneur Mark Cuban Backs Bitcoin Over Gold
13 seconds ago | 2 mins read Bitcoin News Cuban expressed a desire for the price of Bitcoin to decrease. Mark has long been an advocate of cryptocurrencies. Mark Cuban, a billionaire tech entrepreneur...
Thousands of students in El Salvador benefit from bitcoin (BTC) education
Students in El Salvador are now getting enlightened about the workings of bitcoin (BTC), including how to receive BTC via the Lightning Network. President Nayib Bukele’s government remains bullish on ...
Billionaire Mark Cuban Says He’s Looking To Buy Bitcoin (BTC) – But There’s a Catch
Shark Tank investor and Dallas Mavericks owner Mark Cuban says he’s looking to buy more Bitcoin (BTC) but not at current prices. In a new interview with Club Random podcast host Bill Maher, the billio...
Bitcoin Hashrate Recovers After Big Chill Cripples Mining
After falling nearly 40% to 170.60 EH/s, Bitcoin’s network hash rate has recovered, rising to 241.29 EH/s. The hash rate had fallen from a weekly peak of 276.40 EH/s. The drop was attributed to bone-...
Bitcoin ASIC miner prices hovering at lows not seen in years
Bitcoin ASIC miners — machines optimized for the sole purpose of mining Bitcoin — are currently selling at bottom-of-the-barrel prices not seen since 2020 and 2021, in what is being viewed as another ...
R&B Artist Akon Denies Claims His Crypto City Dream Is Crumbling – Africa Bitcoin News
Senegalese-American artist, Akon, reportedly reassured participants in his so-called token of appreciation (TOA) that they will be reimbursed for donations. To back this promise, the singer reportedly...
Bitcoin, Ethereum, Quant, and Hedera Daily Price Analyses – 26 December Roundup
The global crypto market has seen a positive trend over recent hours. The performance of Bitcoin has shown regression while the rest of the market shows gains. As the market continues to improve, ther...
Indian Crypto Market Suffers Significantly — Experts Say Trading Volumes Unlikely to Recover Anytime Soon – Markets and Prices Bitcoin News
Crypto trading volumes in India have plunged significantly this year. The FTX meltdown has exacerbated the problem, hurting “the sentiment across crypto tokens.” Local crypto experts are not expecting...
El Salvador Bitcoin Adoption Push Focused on Educating Students
El Salvador is taking further steps at pushing Bitcoin mass adoption through educating students. But the country’s portfolio is down by 60%. Even during the extreme of the crypto winters, El Salvador ...
Bitcoin Price Keeps Fighting Near $17K, What Could Spark Upside Break
Bitcoin price is still attempting an upside break above $17,000. BTC could gain bullish momentum if there is a daily close above the $17,000 and $17,200 resistance levels. Bitcoin is again attempting ...
Bitcoin Crypto Miners Back on Track; Hashrate on Recovery
Bitcoin’s hashrate shrunk on December 25 and set a new record for the lowest hashrate in the last three months, Although while writing this article, the hashrate is back to its earlier position. O...
Bitcoin and Four Analysts’ Predictions About Cryptocurrency Price That Went Wrong in 2022
A new year is almost upon us, making it a good time to delve into the predictions made for the price of Bitcoin (BTC) in 2022. Many predictions have been made, as the primary cryptocurrency is the one...
Bitcoin Ho Ho Holds Near $16.9K
Ether was recently changing hands at slightly over $1,200, mirroring bitcoin’s changelessness of the past three days. The second largest crypto by market cap was up 0.5% from Sunday, same time. ...
Bitcoin Volatility Hits All-Time Low
Bitcoin volatility has been on a decline since the start of December. This has been a culmination of both low interest from investors, as well as the declining prices of digital assets in the market. ...
2 NFT Projects Plan to Transition From Solana to Alternative Blockchains – Bitcoin News
Two prominent Solana projects have announced they are transitioning over to new blockchains. The non-fungible token (NFT) venture Degods detailed it will be moving to the Ethereum chain and the Y00ts ...
Bitcoin Hashrate Recovers After Winter Storm Sparked Chaos
Bitcoin hashrate recovered at full speed after a 35% drop, while the miners are in deep water with over $4 billion in liabilities. During the weekend, American Bitcoin miners had to shut down their op...
Bitcoin (BTC) Price Analysis for December 26
By the end of the day, most of the coins are trading in the green zone. BTC/USD Bitcoin (BTC) is looking worse than most of the altcoins, rising by only 0.34%. The bearish impulse is clearly outlined ...
Bitcoin Exchange Outflow Volume Plunges to 7-Month Lows
Glassnode data shows a decrease in the 7-Day MA of bitcoin leaving centralized exchanges with only 986.237 BTC getting withdrawn in the past week or so. The declining outflow could signal that investo...