In light of an ongoing debate over the impact that Bitcoin (BTC) mining has on the environment, the Bitcoin Mining Council (BMC) has presented new facts that assert how negligible this effect is. Inde...
Tag: Bitcoin
More Blood Incoming? Bitcoin Charts Similar Crash Pattern as in 2018’s Bear Market
Bitcoin’s price is once again found in limbo, unable to make a decisive move in either direction. This happens as volatility thins out while volume declines across the board. The most recent price act...
Bitcoin Price Rises, Polygon Biggest Gainer Across Top 10 Cryptocurrencies
Bitcoin Price Rises, Polygon Biggest Gainer Across Top 10 CryptocurrenciesBitcoin Price Rises, Polygon Biggest Gainer Across Top 10 CryptocurrenciesOctober 18,2022Bitcoin rose up to $19,661 and Ether ...
Bitcoin Braces for Deeper Bear Market as Fed Eyeing Another Big Rate Hike
The US Federal Reserve is considering a higher-than-expected interest rate hike next month as inflation persists, according to the New York Times. “Federal Reserve officials have coalesced aroun...
Ethiopia Orders Banks to Reject Requests for Foreign Exchange to Buy ‘Non-Priority Products’ – Africa Bitcoin News
The Ethiopian government has instructed banks to reject requests for foreign currency to buy so-called non-priority products. The Ethiopian Minister of Industry Melaku Alebel Addis has defended the mo...
Apples and oranges? How the Ethereum Merge could affect Bitcoin
It’s been a month since Ethereum said goodbye to an essential feature its blockchain shared with Bitcoin (BTC). Called the Ethereum Merge, the long-hyped upgrade was widely celebrated, with the blockc...
Bloomberg Analyst Details $100,000 Bitcoin Price Prediction, Calls BTC the Fastest Horse in the Crypto Race
A senior Bloomberg analyst says that Bitcoin (BTC) skyrocketing to a six figure price tag is only a matter of time. In a new interview with Daniela Cambone of Stansberry Research, Bloomberg commodity ...
Chamber of Digital Commerce And Blockchain Association Now Legally Support Grayscale Bitcoin Lawsuit Against SEC
– Advertisement – Four Crypto Groups, including the Chamber of Digital Commerce and Blockchain association, Legally Support Grayscale in Its Spot Bitcoin ETF Lawsuit Against the SEC. Gra...
Bitcoin Beats 3 Of America’s Biggest Banks In Terms Of Market Cap
Bitcoin, the largest cryptocurrency in terms of market capitalization, will most likely enter next month having a trading price that is significantly lower than its $69,044 all-time high attained on N...
Here’s Why Polygon Coin May Outperform Bitcoin In Near Term
Published 16 hours ago Several major cryptocurrencies continue to gain more ground as the overall market witnessed a relief rally. However, the polygon coin seems ahead of the market as it has gained ...
Bitcoin Price Stuck In Key Range, Why The Bulls Are Comfortable
Bitcoin price corrected lower below the $19,500 level against the US Dollar. BTC remains in a key range and trading above the $19,000 support zone. Bitcoin failed to gain strength above $19,600 and co...
Bitcoin Price Analysis: BTC Bears Ramp Up
BTC/USD Extends Bearishness: Sally Ho’s Technical Analysis – 19 October 2022 Bitcoin (BTC/USD) remained weak early in the Asian session as the pair remained fueled by technical pessimism that has s...
EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’ – Regulation Bitcoin News
The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislat...
$740M in Bitcoin exits exchanges, the biggest outflow since June’s BTC price crash
The amount of Bitcoin (BTC) flowing out of cryptocurrency exchanges picked up momentum on Oct. 18, hinting at weakening sell-pressure, which could help BTC price avoid a deeper correction below $18,00...
Peter Schiff expects Bitcoin to lead the next leg down, Here’s why
The Economist and Bitcoin skeptic Peter Schiff has slammed the largest cryptocurrency for showing less momentum in price compared to other risk assets. Schiff mentioned that other risk assets are cur...
Chainsafe Raises $18.75m to Advance Adoption & Sustainable Growth in Web 3
Canadian-based Blockchain research and development firm Chainsafe has raised $18.75 million in oversubscribed Series A funding backed by prominent industry venture firms, including a Canadian venture ...
Bitcoin Price Analysis: BTC Could Rally If It Clears This Resistance
Bitcoin price started a fresh increase above the $19,000 zone against the US Dollar. The price is now trading above $19,100 and the 55 simple moving average (4-hours). There is a key bearish trend lin...
Bank of America and JPMorgan Say US Economy Is Doing Well, Consumers Are in Good Shape Despite Inflation – Economics Bitcoin News
Bank of America CEO Brian Moynihan and JPMorgan & Chase CEO Jamie Dimon both agree that the U.S. economy is doing well and consumers are in good shape. “The consumers basically have more money in ...
Bitcoin, Ethereum, Avalanche, and Chainlink Daily Price Analyses – 18 October Roundup
The global crypto market has seen a reversal in the pattern of gains as the influx of capital lowered. The recent data shows that Bitcoin, Ethereum, and others couldn’t continue the positive trend. Th...
$8.4m Exploit Breached from DeFi Lending Protocol Moola Markets
Another exploit hits the crypto industry with roughly $8.4 million stolen from Moola Markets, a non-custodial liquidity and lending protocol built on the mobile-first Celo blockchain. According to Res...
Biden Says US Economy Is ‘Strong as Hell’ — White House Claims the President ‘Has Done the Work’ to Fix Inflation – Economics Bitcoin News
U.S. President Joe Biden has been criticized for stating that the U.S. economy is “strong as hell” as inflation rises to a 40-year high. Meanwhile, the White House claims that Biden understands and “h...
Bulls and Bears Currently Have Low Interest in Bitcoin (BTC)
– Advertisement – Investors’ interest in cryptos has been low since last month. CryptoQuant, a cryptocurrency data analytics platform, has stated that spot and derivative cryptocurrency m...
Bitcoin Price’s $20,000 Is New $4000, Here Is Why
It’s been a week that the lead cryptocurrency, Bitcoin, is maintaining its price trend above $19,000 area and bulls are striving to regain its long lost $20,000 level. At the moment, Bitcoin is tradin...
Japanese Firms to Launch New Web3 Game CAPTAIN TSUBASA RIVALS
Japanese game developers Thirdverse Group and BLOCKSMITH&Co. announced Tuesday for their collaboration to release a new Web3 game called “CAPTAIN TSUBASA RIVALS” by the end of this yea...
Crypto Market Update for October 18th: Bitcoin and Ethereum Continue to Trade Sideways
Although the prices of Bitcoin and Ethereum have barely changed this week, cryptocurrency markets have continued to move sideways. Despite the trading volume and momentum in the cryptocurrency market ...
France’s 3rd Largest Bank Societe Generale’s Subsidiary Obtains Registration as Digital Asset Service Provider – Regulation Bitcoin News
Societe Generale-Forge, a subsidiary of France’s third-largest bank, has obtained registration with the Autorité des marchés financiers (AMF), the French financial markets regulator, as a digital asse...
Exchange Outflows Shows Bitcoin, Ethereum Accumulation Trend Continues
Bitcoin and Ethereum outflows from centralized exchanges have been pointing toward a growing accumulation trend among investors. This saw billions of dollars worth of coins leaving exchanges weekly as...
Bitcoin held on exchanges plummets as 50K BTC leaves Coinbase; Aptos blockchain criticized on scalability
The biggest news in the cryptoverse for Oct. 18 includes Do Kwon claiming charges against him are illegitimate, Aptos blockchain criticized for processing only four transactions on launch day, and Roo...
Bitcoin Miners Will Go Broke If BTC Price Falls Below This Level
According to an indicator called Production Cost Floor, the $17,000 level should serve Bitcoin as support in the event of a price breakdown. Moreover, historical data shows that the BTC price has almo...
Bitcoin Price Prediction—Is BTC On The Road To Reach The $1M Mark by 2030?
Join Our Telegram channel to stay up to date on breaking news coverage When it comes to Bitcoin, everyone has an opinion. Two major examples of the many predictions that have been made for the future ...