The effect of the cryptocurrency sector’s ongoing volatility has been highlighted by Bitcoin’s monthly Relative Strength Index (RSI), which has hit its lowest point on record. As of June 13, Bitcoin h...
Tag: Bitcoins
PLCU Coin: A Crypto Ecosystem Outside Bitcoins Orbit
The last few weeks have witnessed some of the most turbulent times in recent memory for the cryptocurrency industry. Stable coins have been looking, well… not so stable recently, and coin values acros...
Bitcoin’s Price to Skyrocket by the Year’s End, Predicts deVere Group CEO
According to Nigel Green – CEO and Founder of deVere Group – investors should expect a “significant bounce” of bitcoin’s USD valuation in Q4, 2022. In his view, the primary cryptocurrency is highly co...
Bitcoin’s real energy use questioned as Ethereum founder criticizes BTC
The ever-raging debate around Bitcoin’s energy consumption has been re-ignited, with founding member of Ethereum Anthony Donofrio claiming that Bitcoin is using “way too much” energy. According to fi...
3 Reasons Why Bitcoin’s Downtrend Is Extremely Weak Right Now
Arman Shirinyan While bears were dominating the market back in April and May, we may see different picture in June Bitcoin’s nine-week streak of losses was something the cryptocurrency market ha...
Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per Second – Mining Bitcoin News
While Bitcoin’s mining difficulty was expected to decrease two days ago on June 8, instead the difficulty increased by 1.29% on Wednesday. On the same day, at block height 739,928, Bitcoin’s hashrate ...
Saylor says bitcoin’s near-term volatility largely irrelevant
Michael Saylor examines the new decrease in bitcoin costs and how it affects MicroStrategy BTC Price at the time of writing – $31,230.82 Saylor says bitcoin is misjudged by a great many people and tha...
What Happens When All Bitcoins Are Mined?
The cryptocurrency, Bitcoin, has a limited supply of 21 million units. What happens when all bitcoins are mined is that miners will only be rewarded in the form of transaction fees paid by users. The...
Yeonmi Park Co-Signs Letter to Congress Explaining Bitcoin’s Importance for Human Rights
Famous North Korean defector and activist Yeonmi Park has petitioned U.S. congress to remain open-minded when legislating Bitcoin and stablecoins. Together with another 19 human rights activists from ...
Michael Saylor takes debt to buy more Bitcoins
MicroStrategy has purchased over 129,000 bitcoins since creating its 1st move to feature the flagship cryptocurrency to its record in August 2020. The company, co-founded by chief operating officer Mi...
Bitcoin’s CME Gap Filled Around 29K – Is A Rebound Coming?
– Advertisement – Analysts decode Bitcoin’s market movement and predict a possible short breakout to $35k. Bitcoin is still undecided on whether to invite bears or bulls if the current c...
Bitcoin’s market dominance nears a year-high as Ethereum’s share sharply declines
The majority of the cryptocurrency market is currently back to trading bearishly, while the global crypto market capitalization stands at $1.22 trillion, losing 5.75% on the day. However, the market ...
Now Decoupled From Terra, “Bitcoin’s Selling Pressure Should Subside”
The Terra / Luna / UST collapse keeps on generating headlines. This time, we’ll use the data in ARK’s “The Bitcoin Monthly” report to establish its impact on the bitcoin ecosystem. Remember that the n...
New Research Unearths Insights Into Satoshi and Bitcoin’s Early Days
On one hand, their takeaway clashes with the stereotype (and perhaps, in some cases, self-image) of Bitcoin users, particularly early adopters, as cold-blooded individualists: “Rather than relying exc...
With Bitcoin’s Growing Dominance Major Altcoins Are At Risk
It is a known fact that Bitcoin is the most dominant crypto in the market, sharing nearly 50% of the global market capitalization. The asset surged more than 6% in the past 24 hours, regaining the los...
Bitcoin’s weekly chart turns green after a long bearish streak
Bitcoin the giant of all the crypto coins has finally seen an end to its longest bearish steak in more than a year after its weekly chart turned green an indication of bullish momentum. image 126 In t...
Bitcoin’s Short-Term Volatility Is Irrelevant Once Investors Understand Its Fundamentals, Says MicroStrategy CEO
As the recent crypto sell-off continues to elicit mixed reactions and concerns, Michael Saylor, MicroStrategy CEO, has told investors that they should not be discouraged by Bitcoin’s short-term volati...
MicroStrategy CEO Saylor says bitcoin’s near-term volatility largely irrelevant
Bitcoin’s near-term volatility is largely irrelevant once you understand the fundamentals of the leading cryptocurrency and how difficult it would be to create something better, according to MicroStra...
Bitcoin’s Bear Market Long-Term Holders Capitulation Started: Reason for Optimism?
Bitcoin is headed for the weekly close, and all eyes are on its price. The past nine weekly candles have been negative, and the question is if it will break this trend today or put in the 10th red wee...
Inside the Environmentalist Campaign to Change Bitcoin’s Code
Rolf Skar is a special projects manager at Greenpeace USA, an environmental protection organization that is part of the campaign. According to Skar, there are two key questions as to whether the netwo...
Despite The 9 Red Candles, “Bitcoin’s Fundamentals Remain Strong”
The inaugural edition of ARK ’s “The Bitcoin Monthly” report contains some gems. It also contains a simple compilation of facts that paint a clear picture of the bitcoin market as it currently stands....
Bitcoin’s move to $32.4K was a fakeout — Here’s the price level most BTC traders are waiting for
The end of the first week in June brought more pain to global financial markets as the tech-heavy Nasdaq composite closed the day on June 3 down 2.3%, while the S&P 500 shed 1.4% of its value. Th...
How close are we to the end of Bitcoin’s [BTC] sluggish consolidation phase
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Bitcoin for almost the past month has been c...
Bitcoin’s Hashrate Unmoved as New York Considers Ban – Trustnodes
The New York senate and assembly has passed a bill to ban bitcoin mining unless it uses 100% renewable energy, with it now up to the Governor Kathy Hochul whether to sign or veto. Making this the firs...
White House Zeroes In on Bitcoin’s Climate Impact
Alex Dovbnya Bitcoin’s climate impact comes under scrutiny in Washington, D.C. Bitcoin’s energy needs have attracted scrutiny from the Biden administration, which is currently working on p...
Bitcoin’s (BTC) Latest Tumble Below $30K Driven By This
Bitcoin (BTC) slumped over 5% on Thursday, erasing all of its recent gains as investors braced for more policy tightening by the Federal Reserve. The token slumped over 5% in the past 24 hours to $29,...
250,000 Bitcoins Bought by Long-Term Holders Since LUNA Crash on May 7: Details
Yuri Molchan Bitcoin holders have substantially increased their holdings over the past three weeks Data shared by IntoTheBlock shows that the BTC balance of a certain category of Bitcoin addresses has...
Whale BTC Shifts 800 Bitcoins From Binance To Gemini
2 hours ago | 2 mins read Bitcoin News Whales transfer 800 BTC from Binance to Gemini. The activities of whales have surged in recent times. The two major cryptocurrencies that whales target are BTC a...
Bitcoin’s Price Paints Fourth Straight Green Candle- The Cryptonomist
Bitcoin Analysis Bitcoin’s price continued its recent ascent on Tuesday and bullish market participants sent BTC’s price higher for a fourth consecutive day. BTC’s price closed Tuesday’s daily sessio...
Is Bitcoin’s [BTC] price recovery being supported by Lightning Network’s growth
Bitcoin, the largest crypto recovered a respectable $60 billion in a day as the price reclaimed $30K. Indeed a relief after recording nine consecutive weeks of losses, extending its record-breaking lo...