On October 25, the bitcoin mining operation Cleanspark announced that the firm’s hashrate now exceeds 5 exahash per second (EH/s), a milestone achieved more than two months ahead of the company’s orig...
Tag: Bitcoin
Crypto Market Drops To Extreme Fear As Bitcoin Struggles To Hold $19,000
The crypto market sentiment has been on the decline over the last year and it has come in tandem with the decline in bitcoin price. Bitcoin, which moves the entirety of the crypto market most times, h...
Cathedra Bitcoin Announces Grant of RSUs
TORONTO–(BUSINESS WIRE)–$CBIT #Bitcoin–Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“Cathedra” or the “Company”), a Bitcoin company that develops and operates world-class bitcoin mining infrastr...
Crypto short liquidation cross $750M in 4 hours as Bitcoin reclaims $20k
Over $750 million in crypto shorts have been liquidated over the past 4 hours as Bitcoin reclaims $20,000. Bitcoin and Ethereum led the liquidations, with $356.14 million and $328.18 million, respecti...
Bitcoin and Ethereum Prices Display Bullish Momentum In October 25th
Bitcoin and Ethereum prices are displaying considerable positive momentum today, with BTC soaring above $20k and Ethereum rallying past $1,400, following minimal movement last week and a sluggish star...
With Bitcoin Halving, Will BTC Price Hit $100k in 2024?
The world’s largest cryptocurrency by market cap has always been a risk-on asset since its inception. The currency has lost nearly 70% from its all-time high of $69,000 in November 2021. Currently, th...
Bitcoin Surges Past $20,000, Ether Bounces As USD Weakens
Fresh data from TradingView financial visualization platform shows that the crypto market is witnessing a strong rally currently. Bitcoin finally surged above the $20,000 price level on Tuesday, Octob...
Bitcoin Marches Past $20K as Investors Regain Their Appetite for Riskier Assets
In traditional markets, U.S. stocks continued their recent winning ways, rising for a third consecutive day as investors savored the upbeat third-quarter earnings reports from the likes of Coca-Cola a...
Long-Term Bitcoin Holders Have Amassed Over 75% of BTC
The gloomy market condition has failed to deter long-term Bitcoin holders who are currently in possession of more than 75% of all existing BTC. As per an analyst at the crypto analytics platform Crypt...
Rishi Sunak Becomes UK Prime Minister — He Wants to Make Britain a Global Crypto Investment Hub – Regulation Bitcoin News
Britain’s former Chancellor of the Exchequer Rishi Sunak has become the country’s new prime minister, succeeding Liz Truss who resigned after 44 days in office. The leader of the Conservative Party pr...
Bitcoin, Ethereum, Tezos, and Aave Daily Price Analyses – 25 October Roundup
Over recent hours, the global crypto market has witnessed a speedy rise in value. The data for Bitcoin, Ethereum, and others shows a significant change in value. As there has been a speedy influx of c...
Tesla’s Bitcoin Losses Reach $170 Million Amid Bear Market
5 hours ago | 2 mins read Bitcoin News The net loss comes to $106 million at the conclusion of the third quarter. Tesla’s losses did not have a significant impact on the company’s fundamental operatio...
Embattled Markets Revive Bitcoin Inflation Hedge Argument
Growing economic instability, especially in the United Kingdom, has seen investors swarming back to Bitcoin as an inflation hedge. Britain’s former Prime Minister Liz Truss unveiled her economic agend...
Bitcoin: Making a bear and bull case for where price might go next
Volatility in the Bitcoin [BTC] market has compressed to historical lows. Taking a cue from history books, periods of low volatility for BTC usually end in the asset’s price breaking out in any direct...
British MP Lisa Cameron on Bitcoin and UK becoming international crypto hub
The United Kingdom could be warming to Bitcoin (BTC) and crypto. Taking a timeout from Scotland’s first major Bitcoin conference, Cointelegraph spoke to Lisa Cameron, a Member of Parliament who is spe...
Bitcoin Tops $20K, Ether Surges to Its Highest Point Since the Merge
Ether (ETH) was in an equally buoyant mood, sprinting past $1,500 at one point, a roughly 10% gain from Monday, same time, and its highest level since Sept. 15. Other major cryptos were also well into...
Prime Trust Crypto IRA Set To Leave Beta as Bitcoin Volatility at Historic Low
The IRA offerings include options with exposure to bitcoin, ether, solana, litecoin, cardano and avalanche tokens Prime Trust launched its beta crypto IRA in March When Prime Trust launched its beta t...
Bitcoin Skyrockets Toward $20K Leaving $100M in Daily Liquidations
Following days of inactivity, Bitcoin was struck by another wave of upward volatility on Tuesday. After nearly reaching $20,000, the asset left $100 million in liquidations in its wake. Bitcoin’s pri...
US Financial Stability Risks Could Materialize, Cites ‘Dangerous and Volatile Environment’ – Economics Bitcoin News
Treasury Secretary Janet Yellen has warned that financial stability risks could materialize in the U.S. Noting that “Inflation remains too high, and we are contending with serious global headwinds,” s...
Gold vs BTC correlation signals Bitcoin becoming safe haven: BofA
Despite the ongoing cryptocurrency bear market, investors have been increasingly looking at Bitcoin (BTC) as a safe haven, a new study suggests. The rise in the correlation between Bitcoin and gold (X...
US Charges Chinese Spies in Scheme to Bribe Government Employee With Bitcoin to Steal ‘Secret’ Documents – Regulation Bitcoin News
The U.S. has charged two Chinese intelligence officers in a scheme to bribe a U.S. government employee to steal “secret” documents relating to the prosecution of a company in China. The defendants pai...
This Bitcoin On-chain Retest Can Change Market’s Course, Here’s How
Bitcoin new address momentum is approaching a retest that could change the course of the crypto’s price, if history is anything to go by. Monthly MA Of Bitcoin New Addresses Is Currently Retesting The...
On-chain data shows Bitcoin Long term holders are selling again
Bitcoin’s failure to regain lost heights in the last few months may be forcing many long-term holders to sell their BTC holdings at a profit. On-chain Glassnode data analyzed by CryptoSlate shows that...
Kraken Analysts Unveil $356,841 Bitcoin Price Target and Potential Ethereum Moonshot As Crypto Markets Pop
Analysts at the US-based crypto exchange Kraken are detailing a massive price target for the top cryptocurrency, Bitcoin. In a new letter to traders, Kraken’s technicians use Bitcoin’s historic price ...
Apple’s New Guidelines Permit NFTs But There’s a Caveat
American multinational tech giant, Apple Inc, the owner of the App Store, one of the largest application hosting platforms in the world has updated its guidelines to include an accommodation for its h...
Bitcoin traders waiting on the next bull cycle should read this
Bitcoin’s [BTC] bull cycle mostly ends with an improved performance over the last and this time, the case might remain the same. Mr Papi, a CryptoQuant analyst opined that the coin’s holders might be ...
How Bitcoin And Other Crypto Miners Can Quickly Transfer Crypto To Fiat
Advertisement     Bitcoin mining and mining for other cryptocurrencies are cost-intensive businesses. There is regular maintenance of hardware and machinery, necessary...
Yuan Taps New Low Versus US Dollar as Investors React to Endorsement of Chinese President’s Third-Term Bid – Economics Bitcoin News
The Chinese yuan’s offshore exchange rate against the U.S. dollar fell to a new all-time low of 7.33:1 just over a day after the conclusion of the Chinese Communist Party’s congress which gave Preside...
Bitcoin Price Prediction – Possible Bitcoin Breakout when this Happens!
Bitcoin prices are still in consolidation mode since June 2022. Bitcoin currently has a market dominance of 40%, which explains why the entire crypto market is also consolidating. A lot of positive fu...
The dates of the Bitcoin halving
What have been the dates of past Bitcoin halving and when precisely is the next one expected to happen? No one actually knows, but it is possible to calculate an estimate of when it might happen. The...
Unregistered Crypto Asset Manager BPS Sued by Aussie Regulator
The Australian Securities and Investment Commission (ASIC) has brought civil penalty proceedings in the Federal Court against BPS Financial Pty Ltd, one of the asset management firms operating in the ...