Introduction to the Problem Florian Grummes, Managing Director at Midas Touch Consulting, warns about the Crypto Winter’s tremendous effect on Bitcoin prices. He said that it could break below its $18...
Tag: Bitcoin
Third Quarter Report Shows Tesla Is Still Holding On To Its Bitcoin
The second quarter of 2022 had been set ablaze with speculation after automotive manufacturer Tesla reported that it had sold 3/4 of its bitcoin holdings. The value of its bitcoin holdings had decline...
DOGE, XRP Rebound Following Recent Declines – Market Updates Bitcoin News
Following two days of declines, dogecoin rebounded earlier in today’s session, moving away from a key level of support. The meme coin, which has been hovering close to a one-month low, surged, as bull...
Bitcoin Steady While US Treasury Bonds Cross Highest Since 2007 – Trustnodes
Debt in the United States has become most expensive, with US bond yields rising above 4.16% for ten year Treasuries. That’s the highest level since 2007, when the American economy was booming, while i...
Bitcoin, Binance Coin, Cardano, and Tron Daily Price Analyses – 20 October Morning Prediction
The global crypto market has seen a negative trend as it couldn’t turn bullish. The recent data for Bitcoin, Binance Coin, and others show a continuation of the decline. As there has been no positive ...
Tesla Still Holding $218M in Bitcoin — Elon Musk Expects Company to Be Worth More Than Apple and Saudi Aramco Combined – Featured Bitcoin News
Tesla’s third-quarter balance sheet shows that the electric car company is still holding $218 million in bitcoin. CEO Elon Musk claims that Tesla could be worth more than Apple and Saudi Aramco combin...
How many bitcoin miners will survive winter?
The bitcoin mining industry has shown serious signs of distress this summer, as miners were reported to have sold more bitcoin than they mined, taking huge losses in the process. Since then, bitcoin’s...
Bitcoin Miners Are Pivoting in Search of Profits—And Hedging Their Bets
Bitcoin miners and hosting companies staying afloat in this market have had to venture outside the blockchain industry. At current prices and Bitcoin network difficulty, only Bitcoin miners with the n...
MicroStrategy’s Saylor hails Bitcoin an ‘economic engine’ set to become a ‘freedom machine’
MicroStrategy executive chairman and former CEO Michael Saylor has extended his praise for Bitcoin’s (BTC) features, terming the flagship cryptocurrency as a channel towards freedom. According to Say...
BTC Back Above $19,000 as Volatility in Crypto Markets Intensifies – Market Updates Bitcoin News
Bitcoin snapped a two-day losing streak on Thursday, as prices of the cryptocurrency rebounded at a key point of support. The current price uncertainty in markets comes as global inflation continues t...
Bitcoin Trades above $19,000 as Sellers Challenge the Current Support
Oct 20, 2022 at 13:00 // Price Today, Bitcoin (BTC) price drops to the low of $18,900 as bulls buy the dips. As usual, BTC will rise but face rejection at the moving average lines. Last week, th...
Coinbase supports Bitcoin in its legal battle against the SEC
Grayscale and the Securities & Exchange Commission (SEC) are now in a legal battle after the latter refused to approve the application for the Bitcoin ETF. According to claims by Grayscale, the la...
Will Bitcoin End $21K in 2022, as Predicted by Finder Experts?
Bitcoin will end the year at $21K, according to Finder’s experts. Finder’s panelists believe Bitcoin is currently underpriced, while 19% believe it is overpriced. Finder is a comparison website and th...
Bitcoin Price At $100k, Here Is When
Since Bitcoin reached its all-time high of $69,000 in November 2021, the currency has been declining. However, now, the speculations around the currency reaching the bottom and starting a bull run are...
Here’s what could spark a ‘huge BTC rally’ as Bitcoin clings to $19K
Bitcoin (BTC) sagged with United States equities at the Oct. 19 Wall Street open as markets awaited tech earnings. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Eurozone sees fresh all-t...
BTC Might Lead Next Leg Down, Peter Schiff Says to Bitcoin Hodlers
Tomiwabold Olajide Price of Bitcoin faltered as it hovered around $19,000 until Wednesday trading Peter Schiff, a well-known critic of cryptocurrencies in general and Bitcoin in particular, thinks the...
Will Bitcoin (BTC) break the crucial support of $18K
Bitcoin is one of the most popular decentralized cryptocurrencies in the world. After its popularity, it has been facing issues with scalability and a low TPM rate, which impact the price of the BTC. ...
Bitcoin mining remained unprofitable throughout Q3
Bitcoin (BTC) miners had a rough third quarter, with the cost of mining increasing, although BTC’s price continued to fall, according to the Hashrate Index report. According to the report, the rate a...
Bitcoin Addresses Holding Up to $1,900,000,000 BTC Hit 20-Month High: Crypto Analytics Firm Santiment
The number of huge whales holding the largest crypto by market cap, Bitcoin (BTC), is on the rise, according to the crypto analytics firm Santiment. Santiment notes that the number of Bitcoin whale ad...
Bitcoin Price Discount to Hashrate Greatest Since Q2 2020
Bitcoin’s price may have been consolidating within a very narrow range over the past couple of weeks, but it’s hashrate does no such thing. It’s been on the rise for quite a while and charts new all-t...
German Crypto Bank Nuri Asks Clients to Withdraw Funds as It Goes Out of Business – Bitcoin News
Digital asset platform Nuri has told customers to withdraw their funds in the next two months, after taking a hit from the crypto winter. Formerly known as Bitwala, the Berlin-headquartered cryptocurr...
Bitcoin Price Grinds Lower But The Key Breakdown Support Is Still Intact
Bitcoin price slowly moved lower below $19,200 against the US Dollar. BTC is still trading above the main breakdown support near the $18,500 zone. Bitcoin is slowly moving lower and there was a spike ...
U.S. Global Investors CEO suggests Bitcoin mining ‘shuts down globally’ if BTC hits $12,000
Crypto mining is one of the main methods by which individuals can acquire cryptocurrencies like Bitcoin (BTC), as they earn rewards for confirming transactions and securing the network. However, if th...
Bitcoin Price to Hit $21,000 In The Next 24hrs, But Here Is A Catch
The crypto market’s lack of volatility has been one of the most discussed topics among traders and investors, especially that of Bitcoin. In the past few weeks, Bitcoin has been trading between $18,00...
P2E Arcade2Earn Raises $3.2M in Seed Funding Led by Crypto.com Capital
Arcade2Earn has earned $3.2 million in a seed funding round led by Crypto.com Capital. The play-to-earn (P2E) gaming platform – built on the Solana blockchain – also announced that other i...
U.S. Global Investors CEO reveals Bitcoin mining ‘shuts down globally’ if BTC hits $12,000
Crypto mining is one of the main methods by which individuals can acquire cryptocurrencies like Bitcoin (BTC), as they earn rewards for confirming transactions and securing the network. However, if th...
Bitcoin Cash to Lose $110 Support as It Declines to $96 Low
Oct 20, 2022 at 09:20 // Price The price of Bitcoin Cash (BCH) is in a downtrend, finding support above the $101.94 price level. The bears have undercut the $110 support, which has held since Ju...
Bitcoin Price Consolidates, Can Move To The Closest Support Line Soon
Bitcoin price has been trading sideways, struggling to break past its immediate resistance level. Over the last 24 hours, Bitcoin fell by 1%, confirming sideways trading. In the last week, BTC has bar...
Bitcoin: Fineco Bank allows green investments
A few days ago, Fineco Bank was awarded EMAS certification. This is an award given to those organizations that adopt an environmental policy that can reduce their impact in a concrete and measurable ...
Shapeshift Migrate Users to Open-Source Mobile App Boosting Decentralization
Shapeshift has now created a new open-source app to which users will have to migrate, to take additional steps into complete decentralization. On Wednesday, noncustodial crypto exchange and decentral...
Bitcoin Dipped Below $19K, TerraClassicUSD Spikes 13% (Market Watch)
Bitcoin continues to trade in a tight range, as the biggest fluctuation in the past 24 hours came when the asset slipped below $19,000 briefly. The altcoins are also untypically stable. Terra’s origin...
Technicals hint Bitcoin bull market could kick off in April 2023
As most of the cryptocurrency market has been trading without dramatic changes for weeks now, crypto traders and analysts are trying to discern whether any developments to the upside can be expected f...