The tensions of the past few days spread into the weekend as well, closing out the second-worst weekly performance since the beginning of the year for Bitcoin and the third-worst for Ethereum. The two...
Tag: Bitcoin
Bitcoin Price Prediction for Today, November 14: BTC/USD Rejects $18k Level
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction indicates bearish movement as the coin fails to cross above the 9-day and 21-day moving averages. Bi...
Bitcoin Whale Suddenly Moves 3.7k BTC Dormant Since 10 Years Ago
On-chain data shows a Bitcoin whale has moved a 3.7k BTC stack that had previously been sitting idle since 10 years ago. Bitcoin Whale Suddenly Transfers Coins Sitting Idle Since 2012 As pointed out b...
Bitcoin Moves Differently From US Stock Market, Correlation Weakening?
Data shows while Bitcoin has been correlated with the US stock market for some time now, the two haven’t moved in tandem recently. Bitcoin Correlation With US Stocks May Be Weakening As BTC Has Been M...
Edward Snowden says he feels ‘itch to scale back in’ to $16.5K Bitcoin
Bitcoin (BTC) returned to $16,500 at the Nov. 14 Wall Street open as bulls tried and failed to break higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Snowden hints BTC price echoes ...
Bitcoin Miner Cathedra Slashes Payroll Costs by Two-Thirds With Job, Salary Cuts
The Canadian company, whose stock trades on the Calgary, Alberta-based TSX Venture Exchange, is one of many bitcoin miners struggling to break even as the dollar value of their rewards declines while ...
Bitcoin Mining Firms Are Finding New Ways to Stay Afloat
Bitcoin mining firms have had to do a lot to show that they are not just about extracting units from the blockchain to be added to circulation. There is a reason for this: in showing they’re not just ...
CRO Rebounds as CEO Kris Marszalek Admits ‘Trust Was Damaged’ – Market Updates Bitcoin News
On Nov. 14, cronos rebounded, as Crypto.com CEO Kris Marszalek held an “Ask me Anything” (AMA) session, while speculation grew on the company’s level of solvency. The concerns came after it was reveal...
Binance CEO sees slight increase in withdrawals after FTX collapse
Changpeng Zhao, billionaire and chief executive officer of Binance Holdings Ltd., speaks during a session at the Web Summit in Lisbon, Portugal, on Wednesday, Nov. 2, 2022. Zed Jameson | Bloomberg | G...
What’s ahead for Bitcoin in 2023? Analysts share positive indicators
As most cryptocurrencies are slowly starting to recover from the shock caused by the FTX collapse, Bitcoin (BTC) is no exception, and its supporters refuse to stop believing in its bullish future, con...
Bitcoin, Binance Coin, Chainlink, and Cosmos Daily Price Analyses – 14 November Morning Prediction
There has been a significant change in the market after its speedy decline following FTX’s collapse. The recent changes for Bitcoin, Binance Coin, and others show that there has been a considerable ga...
What Makes Ethereum the ‘Second Bitcoin’ in Terms of Popularity?
After Bitcoin, Ethereum is the next most well-known cryptocurrency. The market cap of Ethereum currently accounts for more than 17 per cent of the $1.2 trillion worldwide digital market. Between Ether...
Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges – Exchanges Bitcoin News
During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since then, the proof-of-reserves topic has found its way to the foref...
Bitcoin Price Downtrend Far From Over, Why BTC Could Test $15K
Bitcoin price failed to clear $18,000 and started a fresh decline. BTC is showing bearish signs and it might soon decline towards the $15,000 level. Bitcoin started a fresh decline from the $18,000 an...
Crypto miner Cathedra Bitcoin (CBIT) cuts payroll by 60% as crypto winter bites
Canadian publicly listed Bitcoin (BTC) mining firm Cathedra Bitcoin (TSXV: CBIT) has announced a raft of measures it adopted to navigate the ongoing crypto bear market. The firm has since slashed its...
Cathedra Bitcoin Provides Operations Update
TORONTO–(BUSINESS WIRE)–$CBIT #Bitcoin–(Block Height: 763,073) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“Cathedra” or the “Company”), a Bitcoin company that develops and operates world-cla...
Binance Forming Crypto Industry Recovery Fund to ‘Reduce Further Cascading Negative Effects of FTX’ – Bitcoin News
Cryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng Zhao (CZ). “As an industry, we need to increase transpare...
Bitcoin, Ethereum And The FTX Collapse
Is the FTX collapse the last major event in the crypto crash? getty There is only one call right now and it is, “Where is the bottom of the crypto crash?” This can almost be condensed to, “Is the FTX ...
Bitcoin, ether move higher as Goldman Sachs see negative outlook for Coinbase
Crypto prices increased even as Wall Street banks predicted more gloom for the industry amid the FTX debacle. Bitcoin was trading at $17,060, up 3% over the past day, while ether added 4% to tr...
Bitcoin miner Canaan scales operations despite low earnings, CEO says
Chinese cryptocurrency mining firm Canaan will continue to expand operations despite the ongoing bear market and an associated drop in earnings, according to the company’s CEO. Canaan posted a 90% ove...
Correlation Between Equity Markets, Bitcoin Weakens Following FTX Collapse
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St. Kitts and Nevis to Explore Possibility of Making Bitcoin Cash Legal Tender by March 2023 – Bitcoin News
St. Kitts and Nevis will explore the possibility of making bitcoin cash legal tender by March 2023. The statement was made by St. Kitts and Nevis Prime Minister Terrance Drew as part of the Bitcoin Ca...
This Bitcoin Metric Suggests Potential Price Rally, Here’s Why
Arman Shirinyan One of most popular Bitcoin indicators is flashing possibility of long-term reversal There are plenty of market and on-chain metrics used by analysts to predict Bitcoin’s movemen...
President of El Salvador says ‘FTX is the opposite of Bitcoin’
El Salvador’s President Nayib Bukele took to Twitter to proclaim the Bitcoin protocol as the opposite of FTX and likened FTX to a Ponzi scheme in the wake of the exchange’s collapse on Nov. 14. Bukele...
PEGA Pool to Launch in 2023 to Help You Offset Your Carbon Footprint While Crypto Mining – Sponsored Bitcoin News
sponsored PEGA Pool is an eco-friendly crypto mining pool currently in private beta testing and is expected to be open to the public in the first quarter of 2023. Regarding bitcoin mining, there have ...
Fiat-to-Crypto Company Ramp Raises $70 Million to Solve the Crypto Onboarding Problem – Exchanges Bitcoin News
Ramp, a fiat-to-crypto company, has announced it has raised $70 million as part of its Series B funding round. The round was co-led by Mubadala Capital and Korelya Capital, with Balderton Capital and ...
Bitcoin Recovers Above $16,800 as It Resumes Fluctuations
Nov 14, 2022 at 11:00 // Price Bitcoin (BTC) is in a downtrend as it retested the area of support twice. Since November 9, the bitcoin price has fluctuated only within a small range between $15,500 an...
Philcoin Partners with Indacoin to Enhance Blockchain-Powered Charity
To enhance confidence and accountability in the charitable space, philanthropic blockchain ecosystem Philcoin has inked a deal with Indacoin, a British fiat-to-crypto conversion gateway. Jerry Lopez, ...
Bitcoin Will Make it Says Elon Musk – Trustnodes
The crypto industry may have taken a bit of a hit last week, but there are no signs of a significant loss of confidence from investors. Elon Musk, the CEO of Tesla, which holds tens of thousands of bi...
Canaan Q3 Net Income Drops 88% as Bitcoin Mining Declines
“The bitcoin mining market deteriorated during the third quarter, as the bitcoin price fluctuated and further dipped to around sixteen thousand dollars recently,” CEO Nangeng Zhang said in...
BTC Rebounds Following Bullish Comments From Elon Musk – Market Updates Bitcoin News
Bitcoin started the week trading below $17,000, as volatility in the cryptocurrency space continued to intensify. Following last week’s collapse of FTX, account withdrawals have increased, with severa...