The on-chain data for the stablecoin redemptions during the recent price plunge could suggest there aren’t many Bitcoin holders selling anymore. Stablecoin Redeem Count Has Remained Low Recently As po...
Tag: Bitcoin
Bitcoin Hashrate Drop and Recovery Update After U.S. Storm Hit ‘Hard’
The prolonged U.S. winter storm this recent week has not only created power outages but relatively increased the problem for the crypto industry. Due to which most of the U.S. based Bitcoin miners swi...
Investors Grow Concerned About Grayscale’s Bitcoin Trust
Investors in Grayscale’s Bitcoin Trust worry that the company’s closed-ended product will harm clients as the discount between GBTC and the net asset value (NAV) of Grayscale’s Bitcoin holdings widens...
Bitcoin hash rate plummets 40% as US weather worsens
Bitcoin hash rate has experienced a massive decline to close to 38% as miners prepare for a drastic change in weather in the US. As part of preparations, miners have begun to shut down their mining ri...
Bitcoin Mining Pool BTC.com Suffers Cyber Attack, $700K Stolen
Cybercrimes are increasing both in numbers and sophistication. The latest to find itself on the receiving end was the Bitcoin mining pool, BTC.com, which announced suffering a cyber attack on December...
A Christmas Gift From Peter Schiff, ‘Sell Your Bitcoin’
Economist Peter Schiff has told bitcoin investors to sell off their holdings. Schiff continues to staunchly oppose the cryptocurrency which he believes holds no intrinsic value. His most recent advice...
LTC Climbs to 10-Day High on Monday – Market Updates Bitcoin News
Litecoin raced to a ten-day high to start the week, as markets returned from the Christmas holiday weekend. The token extended recent gains to start the week, and neared a key resistance point in the ...
Long-term investor Mike Alfred dismisses Solana for Bitcoin
Mike Alfred, an investor who serves as a board member of BTC miner Iris Energy and digital asset investment platform Eaglebrook Advisors, compared Solana to Santa Claus. In a tweet, Alfred compared Sa...
Bitcoin to 70K and Ripple wins SEC Lawsuit in 2023?
2022 was a bearish year for cryptocurrencies, but also for tech stocks and other investments. The macro developments are heading into a downward spiral. Now that the new year 2023 is ahead of us, inve...
Bitcoin price volatility due within days, new take says as BTC flatlines at $16.8K
Bitcoin (BTC) hodlers enjoyed another day of zero volatility on Dec. 26 as hopeful forecasts sought signs of a trend change. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Opinions diverg...
Here’s When Bitcoin Will Head Back to ATHs, According to Ben Armstrong
Yuri Molchan YouTuber Ben Armstrong opines on when exactly Bitcoin will return to hitting all-time highs, possibly hitting $120,000 Contents Here’s what will push BTC to new highs, per BitBoy &#...
Bitcoin Price Analysis: Minor Upward Traction
BTC/USD Gains Minor Traction: Sally Ho’s Technical Analysis – 27 December 2022 Bitcoin (BTC/USD) found a minor bid early in the Asian session as the pair climbed as high as the 16887.96 area after be...
Bitcoin Volatility Hits An All Time Low; BTC To Rise Soon?
The majority of assets on the cryptocurrency market have been showing unremarkable chart patterns in recent weeks after the FTX upheaval subsided, with Bitcoin (BTC), the primary representative of the...
Monthly NFT Sales Are 80% Lower Than Last Year, Digital Collectibles Interest Plummeted in 2022 – Bitcoin News
Like most crypto projects this year, non-fungible tokens (NFTs) felt the pain of 2022’s crypto winter as sales are down a great deal and blue-chip NFTs have been slashed in value. For instance, last m...
Here’s What Could Signal a Bitcoin (BTC) Turnaround Next Year, According to Analyst Benjamin Cowen
Popular crypto analyst Benjamin Cowen says that Bitcoin (BTC) holders should be on the lookout for one signal that could mark the end of the king crypto’s extended bear market. In a new video, Cowen ...
Bitcoin accumulation addresses near record 800K despite whale selling
Bitcoin (BTC) accumulation is nearing a new milestone this Christmas as redistribution of the BTC supply continues. Data from on-chain analytics firm Glassnode shows that the total BTC balance of so-c...
Bitcoin price analysis: BTC forms a sideways pattern above $16,755 support level
Bitcoin price analysis reveals the cryptocurrency is showing a bullish bias today, as the price has risen again to $16,853 after the bullish momentum returned. The BTC started to retrace downwards ear...
Bitcoin Bulls Vs Bitcoin Bears: Who Shall Prevail In 2023?
As the end of the year approaches, several experts had predicted that Bitcoin (BTC) would see a “Santa rally”. Even still, the token’s price hasn’t shown any encouraging trends. The king cryptocurren...
Bitcoin Bullish? Smaller Investors Show Rapid Accumulation
On-chain data shows small Bitcoin holders have accumulated recently while whale holdings have decreased, a sign that may be bullish in the long term. Bitcoin Investors With 0-1,000 Coins Have Increase...
Bitcoin, Binance Coin, Polkadot, and Avalanche Daily Price Analyses – 26 December Morning Forecast
The global crypto market has seen a positive trend as it continues to attract gains. The recent changes for Bitcoin show that it has been bullish, while Binance Coin has shown a negative trend. As the...
Bitcoin 7-Day Hashrate Down As US Storm Disrupts Miners
Data shows the 7-day average Bitcoin hashrate has now fallen to lows not seen since September, as blizzards temporarily disrupt miners in the US. Bitcoin Mining Hashrate Has Shown Wild Fluctuations Re...
Bitcoin mining pool BTC.com was hacked earlier this month
The Bitcoin mining pool known as BTC.com has revealed that it was the target of a cyberattack on December 3, 2022. During the incident, a number of digital assets were taken, the value of which was ro...
BTC, ETH Consolidate on Monday as Markets Remain Sluggish Following Christmas – Market Updates Bitcoin News
Cryptocurrencies were mostly consolidating on Dec. 26, as markets remained muted following the Christmas weekend. Bitcoin remained marginally above a key support point at $16,800, whilst ethereum rema...
Bitcoin Remains Above $16,000 As Traders Disagree On Market Direction
Dec 26, 2022 at 13:32 // Price Bitcoin (BTC) has held steady above the $16,000 support level. Since the price rally on December 20, price action has remained consistent below the $17,000 level and abo...
Bitcoin mining pool BTC.com reports $3M cyberattack
Major cryptocurrency mining pool BTC.com has suffered a cyberattack resulting in a significant loss of funds by the company and its customers. BTC.com experienced a cyberattack on Dec. 3, with attacke...
Bitcoin volatility stagnates but ‘New Years party’ for BTC could be in sight
After the FTX chaos died down, the majority of assets on the cryptocurrency market have been seeing uneventful chart patterns in recent weeks, with the industry’s main representative, Bitcoin (BTC), m...
Bitcoin volatility stagnates but ‘New Years party’ could be in sight
After the FTX chaos died down, the majority of assets on the cryptocurrency market have been seeing uneventful chart patterns in recent weeks, with the industry’s main representative, Bitcoin (BTC), m...
Ukrainian Steals Bitcoin From Russian Darknet Market, Donates to Charity – Bitcoin News
A Ukrainian living in the U.S. has reportedly hacked a major drug market on the Russian dark web, diverting some of its crypto proceeds. The man says he donated the digital cash stolen from the illici...
Bitget Introduces MegaSwap for a Re-Invented DeFi Experience – Press release Bitcoin News
press release PRESS RELEASE. Seychelles, December 26, 2022 – Leading global cryptocurrency exchange, Bitget launches “MegaSwap“, a new feature on its platform that enable the platform’s users to trade...
Mark Cuban Reveals What Needs to Happen Before He Buys More Bitcoin
The American billionaire and prominent TV personality – Mark Cuban – said he wants bitcoin’s price to go down “a lot further” so he could purchase more of it. He also criticized investments in gold, ...
The most important Bitcoin news of 2022
2022 has been rough year for bitcoin news as a series of industry implosions have sent the coin’s price tumbling by around 63% year-to-date. (To be fair, Bitcoin performed no worse than the broader cr...
Here’s What Bitcoin Maxis Would Love Elon Musk to Do, David Gokhshtein Believes
Yuri Molchan Gokhshtein believes Bitcoin maximalists think Elon Musk is key figure who can let BTC reach new high Contents Elon Musk’s Tesla pushed BTC to ATH once, can they do it again? Are Bit...