Xrp rose higher in Tuesday’s session, as prices continued to move away from a long-term support point. Overall, sentiment in cryptocurrencies remained largely bearish, with the global market cap down ...
Tag: Bitcoin
Bitcoin Price Analysis: Tight 22366 Orbit
BTC/USD Orbiting 22366 Tightly: Sally Ho’s Technical Analysis – 8 March 2023 Bitcoin (BTC/USD) continued to tightly orbit significant technical levels early in the Asian session as the pair did not s...
Crypto prices whipsaw on Fed Chair Powell’s Congressional testimony
Markets • March 7, 2023, 11:21AM EST Markets sank initially on the release of U.S. Federal Reserve Chair Jerome Powell’s testimony to Congress before rebounding slightly. Bitcoin was tradi...
Crypto derivatives on the CME reach new milestones amid regulatory uncertainty
Bitcoin and ether derivatives trading volumes in dollar terms continued to climb higher in February. Futures and options trading volume for bitcoin rose by about 13%, and ether’s volumes ...
The value trend of Bitcoin and Ethereum
For some time now, the value trend of Bitcoin (BTC) and Ethereum (ETH) has been very similar. Focus on the value trend of Bitcoin and Ethereum Since November last year, the two trends have been procee...
Bitcoin ASIC manufacturer Canaan saw 82% revenue drop in Q4
According to a new filing with the U.S. Securities and Exchange Commission on Mar. 7, Canaan, a Chinese Bitcoin (BTC) miner and manufacturer of application-specific integrated circuit (ASIC) mining ma...
President Nayib Bukele credits Bitcoin for rebranding El Salvador’s legacy in new Tucker Carlson interview
Ad El Salvador’s adoption of bitcoin as a legal tender has not only fixed the country’s legacy but has also had a significant positive impact on its tourism sector. According to President Nayib Bukele...
Yuga Labs’ Bitcoin NFT Collection Fetches Top Bid of Nearly $160K
The 288 NFTs minted will be inscribed onto satoshis, the smallest denomination of bitcoin (BTC), on the Bitcoin blockchain. One token sold for as high as 7.1159 BTC, or about $159,600 at the time of w...
Bitcoin Drops Below $22K as Powell Suggests Further Interest Rate Hikes
The US Federal Reserve said it’s preparing to increase the interest rates even more if the situation requires such drastic measures, said the organization’s Chairman Jerome Powell. Bitcoin reacted wit...
Bitcoin NFT Auction by Yuga Labs Draws In $16.5 Million Despite Criticism
The Yuga Labs 12Fold Collection auction ended yesterday. The event kicked off on March 5 and based on the announcement, 288 bidders will receive 288 inscriptions from the 300 NFT-like images on Satosh...
Bitcoin Price Needs to Dip to this Level to Fuel a Bullish Potential! Analyst Ends Waiting Period for BTC Bulls
The cryptocurrency world has been buzzing with excitement as Bitcoin traders await a potential price surge after the BTC price reaches its monthly lows. Experts have been closely monitoring the market...
Alameda Research Sues Grayscale Investments Seeking to Unlock Billions in Value for Shareholders – Bitcoin News
FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin an...
Bitcoin [BTC]: Short products for the win as investors shy away from long positions
Investors are funnelling funds into Short-BTC products after fourth consecutive week of outflows With the Shanghai Upgrade coming soon, investors will be cautious with ETH In a new report, digital ass...
BTC, ETH Stall Ahead of Powell Testimony – Market Updates Bitcoin News
Bitcoin remained in consolidation earlier in Tuesday’s session, as markets prepared for this afternoon’s testimony from Fed Chair Powell. The head of the U.S. Federal Reserve will be speaking in front...
Argo daily Bitcoin production rose 7% in Feb despite increased network difficulty
Ad Bitcoin (BTC) miner Argo said it mined 162 BTC or its equivalents in February, equating to 5.7 BTC per day, according to a March 7 operational update. The firm stated that its daily BTC production ...
Shiba Inu Whale Moves 200,899,251,805 SHIB in a Single Transaction as Bitcoin and Crypto Markets Search for Support
One of the largest Shiba Inu (SHIB) whales in existence just surfaced as Bitcoin and the crypto markets at large coil up for their next big move. The whale tracking platform WhaleStats was first to id...
Analyst shows Bitcoin and crypto at the beginning of bull…
Pro analyst provides the charts that show that bitcoin and crypto are about to embark on their next bull market. Steve Courtney is the founder of CryptoCrewUniversity, an educational platform that hel...
Shellboxes, an Industry-Leading Cyber Security Firm, Declares Continuous Commitment to Protect Blockchain Projects From the Growing Threat of Cyber Attacks – Press release Bitcoin News
press release PRESS RELEASE. Shellboxes, a leading Web 3 company with top-level blockchain security and consulting services, has announced its commitment to help project owners stay protected amid ris...
Bitcoin investment platform Relai reaches $20 million valuation in new funding round
Deals • March 7, 2023, 6:57AM EST Relai, a bitcoin investment platform focused on serving Europeans, raised $4.5 million in a new funding round. Jeff Booth’s Ego Death Capital led the roun...
Bitcoin Ordinals Launch Triggers Demand for Yuga Labs NFTs
Hours after Yuga Labs launched its TwelveFold non-fungible token on the Bitcoin blockchain, other NFTs by the issuer are seeing a push. In the meantime, Yuga Labs concluded the TwelveFold auction with...
Bitcoin (BTC) Bullish for Former ARK Invest Crypto Expert, Here’s Why
Gamza Khanzadaev Chris Burniske dumps Bitcoin (BTC) bears with unusual reference Former lead crypto analyst at ARK Invest Chris Burniske gave his view on the current positioning of Bitcoin (BTC) price...
Bitcoin Price To See ATH In 2023? Here’s What Analysts Predict
Bitcoin price is still trading sideways as traders await U.S. Federal Reserve Chair Jerome Powell’s testimony before the U.S. Senate Banking Committee today and the U.S. House Financial Services Commi...
Crypto Seen as Investment Opportunity in the MENA Region Says Iceberg Capital Executive Chairman – Interview Bitcoin News
While interest in digital assets has waned in some parts of the world, in the Middle East and Northern Africa adoption of crypto has been skyrocketing according to Mustafa Kheriba, the executive chair...
BTC may need to dip to $19.3K to cool Bitcoin profit-taking — new data
Bitcoin (BTC) would need to return below $20,000 to reset a key metric which covers speculative profit-taking, data shows. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytic...
Did Bitcoin Bottom in November? These Metrics Suggest So.
Hopeful signs are emerging for the crypto industry mid-term as on-chain metrics for bitcoin suggest the world’s largest digital asset by market value may have hit its bottom in late 2022. Those includ...
Argo increases Bitcoin production despite BTC difficulty growth
Publicly-listed Bitcoin (BTC) mining firm Argo Blockchain has increased its daily BTC production despite a significant spike in network difficulty. During the month of February, Argo mined a total of ...
TeraWulf’s Nuclear-Powered Bitcoin Mining at Nautilus Facility is Online
TeraWulf – which focuses on environmentally clean mining operations – has announced starting operations of Nautilus Cryptomine, the first nuclear-powered Bitcoin mining facility in the United States. ...
Russian Court Sends 3 Crypto Robbers to Strict-Regime Prison – Bitcoin News
Three Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency from another man. In addition, the court has also ordered them to fully...
New Sweeps Cash Casino with Crypto & Bitcoin Coins
Stake.us is a popular crypto sweepstakes online casino. By creating an account, you can enjoy instant access to a range of free-to-play games, including Stake Originals. You will also be able to take ...
Crypto Market Analysis: Bitcoin, Altcoins Remain Sluggish While Dominance Continues to Surge
The Bitcoin price continues to trade below $22,500 for the fourth consecutive day after the drastic price slash in the first few days of March. While Star Crypto is trying very hard to hold the price ...