Yesterday, Fed Chairman Jerome Powell’s words upset the markets and eventually also sent Bitcoin’s value down. The words of Fed chief Jerome Powell affect Bitcoin Two of the most critical points of hi...
Tag: Bitcoin
Top Crypto Trader Says One Ethereum-Based Altcoin Primed for Reversal, Updates Outlook on Bitcoin
A crypto strategist who continues to build a following with timely altcoin calls believes that one token based on Ethereum (ETH) is likely poised for a reversal. Pseudonymous crypto analyst Kaleo tell...
Jack Dorsey’s Block Reveals Plans for Bitcoin ‘Mining Development Kit’
Block, Inc. thinks it and developers can build better Bitcoin mining rigs. That’s why it’s considering building a “Mining Development Kit,” or MDK, it said on Tuesday. The company hopes it...
Bitcoin Dips Below $22K as Altcoins Take a Beating (Market Watch)
The past 24 hours saw the entirety of the cryptocurrency market trade in the red with very few exceptions. Bitcoin’s price even plunged below $22K following the speech of the US Federal Reserve Chairm...
Bitcoin Price Retreats as Rejection at $23.5K Continues
Bitcoin enthusiasts come into this week with uncertain prospects as the crypto struggles to break through psychologically significant realized price levels. The market continues to reject bitcoin’s as...
TeraWulf Kickstarts Bitcoin Mining at Nautilus Cryptomine Facility with 8,000 Rigs
TeraWulf is currently on an aggressive expansion and is planning to have a total operational capacity of 50,000 miners (5.5 EH/s) in early Q2 2023, which is nearly 160MW of power demand. US-based Bitc...
Bitcoin Live News: A Massive BTC Price Move is Imminent This Quarter – A Bullish Upswing on the Cards?
The bitcoin price, after consolidating within a very narrow range for a few days, plunged below the crucial support level of $22,000. The bearish volume has accumulated heavily, which may keep the ral...
Silk Road Bitcoin for sale? US government-linked addresses transfer $1B in BTC
50,000 Bitcoin (BTC) worth $1 billion United States dollars were moved from multiple wallets related to U.S. Government law enforcement seizures and were transferred to new addresses, and a few were m...
US Government’s 40,000 Bitcoin Holdings on the Move – Cryptopolitan
The world of cryptocurrency has been abuzz with news that nearly 40,000 Bitcoins belonging to the US government are on the move. This is equivalent to approximately $1.8 billion in today’s market. The...
BIS Releases Report On ‘Project Icebreaker’ — Develops Cross-Border Retail CBDC Payment Model – Bitcoin News
The Bank for International Settlements (BIS) has released a report summarizing the “Project Icebreaker” trial, which explored the potential advantages and difficulties of utilizing a retail central ba...
Bitcoin Slips to 3-Week Low as Market Sees Federal Reserve Lifting Rates to 5.65%
If that’s not enough, the market now sees a 70% probability of the Fed raising rates by 50 basis points later this month, a reacceleration of tightening after a brief step down 25 bps in Februar...
Analyst Benjamin Cowen Updates Bitcoin (BTC) Outlook, Says 2023 Getting Market Participants Wrecked
Widely followed crypto analyst Benjamin Cowen is updating his 2013 outlook for Bitcoin (BTC), warning both bears and bulls are likely to get wrecked. In a new strategy session, Cowen tells his 784,000...
Bitcoin Mining Green Energy Properties Continue to Improve
The environmental, social, and governance (ESG) properties of Bitcoin mining continue to get better, according to recent findings. However, that doesn’t stop mainstream media from telling people that ...
Analyst Issues Bitcoin Alert, Says Traders Should Take Caution As BTC Hovers Below Immensely Significant Level
A closely followed crypto analyst is warning Bitcoin (BTC) traders that bears likely have the upper hand as long as the king crypto trades below a crucial resistance area. In a new blog post, crypto s...
What Drake’s Bitcoin bet loss means for the crypto sector
While Drake – real name Aubrey Drake Graham – might be best-known for his musical talent and his ability to release chart-topping hits, he has also been gaining a reputation for a few other activities...
Bitcoin Miner Canaan Reports 82.1% Revenue Decline in Q4 2022
6 seconds ago | 2 mins read Bitcoin News Canaan saw a 368.2% increase in mining income, to the tune of $10.46 million. The firm’s net income shifted to a loss of $63.6 million in Q4 2022. Canaan, a Ch...
Argo Blockchain Records High Bitcoin Production and Revenue in February 2023
World-leading cryptocurrency miner Argo Blockchain recorded increased Bitcoin production despite the rise in network difficulty. On March 7, the company released its operations update for February 202...
Ethereum Set to Surpass Bitcoin as the World’s Leading Cryptocurrency, According to Raoul Pal
Raoul Pal, CEO of Real Vision, believes that rather than seeing cryptocurrencies as assets, investors should see them as digital nations. In a recent blog post, the former Goldman Sachs executive clai...
US Court Questions SEC’s Rejection Of Grayscale’s Bitcoin Fund
The judges at the US Federal Appellate Court questioned the Securities and Exchange Commission’s stance regarding the decision to reject Grayscale Investment’s application for a spot bitcoin exchange-...
Bitcoin Price Analysis: BTC Could Dive Further
Bitcoin price started a fresh decline from the $24,000 zone against the US Dollar. The price is now trading below $23,000 and the 55 simple moving average (4-hours). There is a major bearish trend lie...
US Govt Moves 9,861 Bitcoin Seized from Silk Road to Coinbase
Over the last week, the world’s largest cryptocurrency Bitcoin (BTC) has been under selling pressure. As of press time, Bitcoin is trading 1.59% down at a price of $22,118 and a market cap of $23 bill...
Compass Mining Alerts Bitcoin Miners of Changes in Bitmain’s ASIC Design – Mining Bitcoin News
Compass Mining, a bitcoin mining firm, published a blog post stating that Bitmain, the company behind the application-specific integrated circuit (ASIC) mining rig, has made changes to its design. The...
Bitcoin (BTC) Price To Crash More Ahead of Interest Rate Hikes
The well-known cryptocurrency trader Michael van de Poppe posted his most recent technical analysis for the Bitcoin market today in the wake of remarks made by the U.S. Federal Reserve Chairman Jerome...
Russian Crypto Industry Association Asks Putin to Help With Regulations – Regulation Bitcoin News
The organization representing Russia’s crypto and blockchain sector has urged Vladimir Putin to spur regulatory efforts. The association fears the Russian Federation may lag behind other nations if it...
Silk Road Bitcoin Stash on the Move, Is Uncle Sam About to Sell?
Wallets connected to the United States government law enforcement seizures, including those from the Silk Road marketplace, have started moving Bitcoin. Concerns are mounting over whether the stash is...
Grayscale Bitcoin Fund Soars as Judges Sound Skeptical of SEC’s Arguments on ETF
Grayscale Investments for years has fruitlessly sought to convert its flagship product—the world’s largest Bitcoin fund at $14 billion—into an exchange-traded fund, most recently suing the Securities ...
North Macedonia Says Bomb Threats Come From Russia, Crypto Used to Hide Origin – Bitcoin News
The government of North Macedonia believes that an ongoing wave of false bomb threats against public targets in the country is coming from Russia and Iran. The authorities in Skopje also say that paym...
Block solicits feedback for bitcoin ‘mining development kit’
Jack Dorsey’s Block is soliciting developer feedback for what it calls a bitcoin “mining development kit,” which it says could unleash further innovation in the Bitcoin mining space ...
Crypto Twitter’s Mixed Reactions to a New Rollup Solution for Bitcoin
A scalability solution unique to Ethereum is now compatible with Bitcoin. Rollkit allows for the storage of rollup information developed for Ethereum but on the Bitcoin network. According to an offici...
We See Turmoil, Fraud, Lack of Transparency, Run Risk – Regulation Bitcoin News
Federal Reserve Chairman Jerome Powell has outlined several risks related to crypto activities during a hearing before the Senate Committee on Banking, Housing, and Urban Affairs. While stating that t...
Yuga Lab’s Embrace of Bitcoin NFTs Is a Big Deal
Yuga’s embrace of Ordinals is just a catalyst for embers that were already burning. Last year, for instance, Trust Machines, a startup looking to build the bitcoin ecosystem, raised $150 million...
Bitcoin [BTC], Gold, S&P 500 and a case of the widening correlation
Gold and S&P 500 showed signs of improvement as BTC’s price continues to struggle Correlation gap at its highest since the FTX crash, with the same contributed to by the Silvergate news Over time,...