Bitcoin miner Bitfarms mined 534 BTC in August — a 6.8% increase from the previous month — while increasing its hashrate by 1% to 3.9 exahashes per second (EH/s). The company is close to completing th...
Tag: Bitcoin
Brazilian Cryptocurrency Exchange Mercado Bitcoin Lays Off 15% of Workforce Due to Global Economy Woes – Exchanges Bitcoin News
Mercado Bitcoin, one of the biggest Brazilian cryptocurrency exchanges, has announced a new wave of layoffs amidst a worsening global economic situation for fintech startups, which the exchange states...
A Date For The Mt. Gox Repayment Is Set, How Will This Affect Bitcoin?
The Mt. Gox Bitcoin payments have been long anticipated. The process has lasted several years, and finally, in 2021, there is now recourse in sight for all who were affected. Attorney-at-law Nobuaki K...
62% of wallets did not sell Bitcoin for a year amid the bear market: Data
Despite the uncertainties brought about by the bear market, on-chain metrics show that the majority of Bitcoin (BTC) traders have been using a very simple trading strategy for more than a year: hodlin...
Bitcoin Price Analysis: Rangebound Near 20103
BTC/USD Rangebound Around 20103: Sally Ho’s Technical Analysis – 3 September 2022 Bitcoin (BTC/USD) remained in a tight range early in the Asian session as the pair continued to orbit the 20103.7...
Bitcoin Gets Overtaken by Ethereum as ETH Exceeds $1,600 While BTC Remains at $20K
Bitcoin found support again this Friday after yesterday’s drop into the $20k area. On the other side, Ethereum has continued to beat Bitcoin in terms of price movement; it increased by 4% over the las...
Bitcoin Hodlers Struggle To Get Money Back As Prices Tumble ⋆ ZyCrypto
Advertisement     Bitcoin investors are taking home hefty losses, currently at about $220 million/day in total, as prices tumbled further to a multi-week low of $19,86...
Bitcoin, Ethereum Jump As Jobs Report Ease Labor Market
The job numbers for the month of August were released. Bitcoin and Ethereum prices jumped as a result of this report. The labor department reported that the United States added 315,000 jobs in August....
Bitcoin, Ethereum Funding Rates Remain Negative Amid Market Volatility
The funding rates for Bitcoin and Ethereum, the leading cryptocurrencies by market cap, remain negative for derivative traders, suggesting a potential short-term bull signal. The Federal Reserve’s re...
On-Chain Data Hints Bearish Scenario For Bitcoin, Will BTC Price Drop Below $18K? – Coinpedia – Fintech & Cryptocurreny News Media
Bitcoin (BTC) is a hot news sensation, and it seems that things have gone awry once again. According to Glassnode’s report, Bitcoin experienced turmoil in the network activity, leading to a series of ...
Crypto Market Remains Extremely Fearful As Bitcoin Struggles At $20,000
The crypto market has found itself at odds since the price of bitcoin had fallen to $20,000. This remains an important technical level for the digital asset because it is right above its previous cycl...
Whales Suddenly Interested in Bitcoin’s Fork, Bitcoin Cash: Details
According to WhaleStats, the Bitcoin fork, Bitcoin Cash (BCH), is seeing sudden whale interest. This comes as it ranks among the top 10 assets in terms of trading volume among the 100 biggest BSC whal...
BlackRock Taps Kraken Subsidiary for Bitcoin Price Indexing
BlackRock – the world’s largest asset manager – has partnered with Kraken’s subsidiary CF Benchmarks to assist with its newly established Bitcoin Trust. According to a report from The Block, BlackRoc...
Tether Asks Court to Remove Crypto Boutique Law Firm Roche Freedman From Class-Action Lawsuit – Bitcoin News
Kyle Roche, an attorney and founding partner of the crypto boutique litigation firm Roche Freedman LLP, recently withdrew from a number of class-action lawsuits initiated by the law firm. The attorney...
Bitcoin Whales Increase Selling, BTC Rejected From $20,000
Bitcoin has been experiencing some volatility over today’s trading session as the price of BTC touches critical resistance levels. The number one crypto by market cap positively reacted to macroeconom...
CryptoQuant: Bitcoin Could Still Plummet By 28% To Find A Bottom
– Advertisement – How Low Will The Bitcoin Bottom Be? CryptoQuant gives investors key price metrics to help guide their prediction of the price bottom. In its Bitcoin weekly highlight Qu...
Bitcoin Price May Recover Marginally as The US Un-Employment Rate Surges High!
The crypto space has been largely captivated which compels the price to remain consolidated at around $20,000. While the BTC price manages to make it towards the upper resistance, an external factor s...
On-Chain Price Models Predict Possible Bitcoin (BTC) Bottom
Bitcoin (BTC) continues to struggle near the $20,000 level amid rising volatility and market-wide pressure. Moreover, the U.S. Fed rate hike on September 21 will decide the market direction in the com...
Bitcoin mining revenues rose by 10% in August
Bitcoin mining revenues jumped 10% in August — the first month-over-month increase since March. Last month, miners brought in about $657 million in revenue, according to data compiled by The Block Res...
Bankrupt Crypto Lender Celsius Seeks to Reopen Withdrawals for Specific Customers – Bitcoin News
Celsius Network Ltd., the crypto lender that filed for Chapter 11 bankruptcy protection on July 13, is looking to release roughly $50 million worth of crypto assets to Celsius custody account holders....
Will Bitcoin Make A Weekend Comeback? BTCUSD September 2, 2022
In this episode of NewsBTC’s daily technical analysis videos, we are going to look at the weekly timeframe on Bitcoin BTCUSD in anticipation of the weekend and weekly close. Take a look at the video b...
Bitcoin Bearish Signal: Miners Move 4.4k BTC to Binance
On-chain data shows Bitcoin miners have moved around 4.4k BTC to Binance, something that may prove to be bearish for the price of the crypto. Bitcoin Miner To Exchange Flow Has Spiked Up Over The Past...
GAIMIN Gladiators Extends Team Roster Moving Into APEX Legends – Press release Bitcoin News
press release PRESS RELEASE. Zug, Switzerland, 2nd September 2022: With a roster currently comprising DOTA2, Rocket League, Rainbow 6 Siege, GAIMIN is delighted to announce that GAIMIN Gladiators have...
‘Pharma Bro’ Shkreli Plots Post-Jail NYC Return—Seeks Home In ‘Dope Building With Sick Views’
Topline ‘Pharma Bro’ Martin Shkreli, a former hedge fund manager who was convicted of securities fraud in 2017 and released from prison this past May, has made a big re-emergence on social media in re...
How Low Can Bitcoin Go? Here’s What The Different Price Models Say
The bitcoin bear market has continued on recently as the crypto has failed to keep up any upwards momentum. How low can the price go before a bottom is in? Bitcoin Price Models Put Different Targets F...
Here’s When Bitcoin Will Start Growing Again: Billionaire Sam Bankman-Fried
Yuri Molchan FTX boss believes that “crypto will back a comeback” and shared his vision of how soon it would happen Crypto billionaire Sam Bankman-Fried, who founded and is running the top...
Bitcoin Price Remains Stable As US Unemployment Rate Rises To 3.7%
– Advertisement – Bitcoin absorbing the pressure; the price has not moved as US Unemployment Rate Rises to 3.7%. Bitcoin remains in the consolidation phase despite several forecasts of a...
On-chain metrics suggest more pain ahead for long-term Bitcoin holders
It has been nine months since the market top and in that time, about $2 trillion in capital has left the space hitting token prices hard. However, the question of whether the market bottom is in yet r...
Bitcoin (BTC) Triple-Bottom Formation Could Be the Catalyst for a Big Move Up
Despite moving outside the confines of a short-term resistance level, Bitcoin (BTC) has yet to validate the breakout with a significant upward move. Bitcoin had been decreasing beneath a descending re...
El Salvador Bitcoin Bond will still be delayed
The long-awaited El Salvador Bitcoin Bonds look like they will be further delayed, according to Paolo Ardoino, CTO of Bitfinex, the exchange where these bonds will be offered. El Salvador: Paolo Ardo...
Bitcoin Bottom Is Just Around The Corner
Bitcoin has been incessantly fluctuating between the $19,000-$20,000 price levels, which has kept the entire crypto market under bearish control. Meanwhile, a well-known crypto analyst and trader, ano...