In what appears to be a market of mixed signals, the majority of investors believe that Bitcoin is showing long-term bullish signs. Following a detailed analysis of the digital asset, 72 percent of a ...
Tag: Bitcoins
Mercado Bitcoin’s Holder Plans to Roll Out Quantitative Trading Service
Brazil’s largest cryptocurrency exchange Mercado’s holding firm has made the mind to launch a Quantitative Trading service. 2TM is to partner with a local player Giant Steps who might own a minority ...
This Is Bitcoin’s Biggest Threat In The U.S., Ted Cruz Says
U.S. Senator Ted Cruz is public about his positive stand on Bitcoin. On several occasions, the Senator has defended the cryptocurrency from the actions and statements of his colleagues in the U.S. ins...
Determining Bitcoin’s (BTC) Correlation to the Dollar Index
In this article, Be[in]Crypto takes a look at the price movement of Bitcoin (BTC), the dollar index (DXY), and the S&P 500 (SPX) to determine if they correlate with each other. S&P 500 SPX ha...
Will the US Dollar Decide Bitcoin’s Next Move? Analyst Benjamin Cowen Looks at BTC’s Connection to USD
Popular crypto analyst Benjamin Cowen says Bitcoin (BTC) traders should pay close attention to the US dollar index (DXY). In a new YouTube update, Cowen tells his 725,000 subscribers that bullishness ...
6,800 Bitcoins Shifted to Cold Storage from Coinbase As Price Drops Below $40,000
Yuri Molchan Anonymous whales have withdrawn a close to $280 million in Bitcoin from Coinbase exchange as the price briefly plunged under $40,000 Contents $278.2 million in Bitcoin withdrawn $428 mill...
Bitcoin’s 5-year returns outperform world’s major indices –
The digital currency’s returns are higher by 1,978% Bitcoin’s ROI has outperformed Nasdaq by 1,221% Bitcoin has suffered the impact of regulatory uncertainty The development of Bitcoin as of late is ...
Arthur Hayes Says Short-Term Correlation with Wall Street Could Take Bitcoin’s Price to $30K
Arthur Hayes also believes that Ethereum’s price could fall to $2,500. The gradual uptick in the price of prominent cryptocurrencies from last month appears to have cooled amid the development of new ...
Will Lighting Lab’s dream to make dollar backed by Bitcoin’s liquidity come true
Lightning Labs’ Taro has caught the attention of many Bitcoin enthusiasts for the potential it has and what Lightning Labs are selling, stating Taro will help in Bitcoin-izing the dollar since Bitcoin...
Bitcoin’s $45,000 Milestone Has Been Dubbed The Major Turnaround By John Bollinger
The risk-off mentality has dominated the crypto market’s price behavior, with the top cryptocurrency down 11% against Bitcoin in 2022. In 2021, Ethereum had massive growth, with the ETH/BTC pair incre...
UFC The World’s Largest Mixed Martial Arts Organization Will Award Athletes Bitcoins Incentives
Fan voting will be used to determine the top three best competitors from each UFC pay-per-view (PPV) event. According to the crypto exchange’s release, Bitcoin bonuses include $30,000 for First Place,...
Is It Possible For Bitcoin’s Hashrate To Hit 300 EH/s Before The Conclusion Of 2022
The block production rate was cut to 5.93 blocks per hour due to a 4% difficulty modification. The daily transaction volume climbed by 10%, while the average transaction value increased by 7%. With a ...
Nope for Bonds Yeah for Bitcoins Claims Mexico’s Third Wealthiest Man
That’s the finest possible outcome. With a net worth of roughly $13 billion, Ricardo Salinas Pliego is the third richest man in Mexico. He is the owner of Grupo Elektra, a retail grocery chain t...
Waiting for $40K? Bitcoin’s critical level is already here, says new research
Bitcoin (BTC) is at a “pivotal” point and faces macro forces that could influence it for “months to come,” fresh research says. In its latest market update on April 8, trading suite Decentrader called...
Bitcoin’s DeFiChain adds tokens for Disney, Intel, MicroStrategy
DeFiChain announced on April 7 that four new decentralized assets, so-called dTokens, have been added to its ecosystem following a community vote. The four new decentralized tokens will give users pri...
Does Bitcoin’s stock-to-flow model apply to Ethereum?
A couple of issues advise against using the stock-to-flow model to make price predictions for Ethereum, which is widely used for Bitcoin instead. The stock-to-flow model: could it be accurate for Eth...
Interlay introduces new protocol for Bitcoin’s reciprocal relationship with DeFi
Interoperability network Interlay has released a 21-page technical whitepaper, titled XCC: Theft-Resilient and Collateral-Optimized Cryptocurrency-Backed Assets, advocating for the imminent developmen...
Bitcoin’s Progress in Europe » NullTX
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries....
Strike joins Shopify in massive push for Bitcoin’s Lightning Network adoption
At the Bitcoin 2022 conference in Miami today, Jack Mallers, the CEO of peer-to-peer payments app Strike, announced an integration with e-commerce giant Shopify that would allow merchants to receive f...
Bitcoin’s Significant Support Stands at $42.2K, Illiquid Supply Soars for 214 Days
Based on Bitcoin’s transaction history, outstanding support stands at around $42.2K as many addresses bought coins at this level. Market analyst Ali Martinez explained: “Bitcoin transaction hist...
Miners utilizing Norway’s renewable energy to reduce Bitcoin’s carbon footprint
Bitcoin miners in Norway run their operations solely on renewable energy thanks to the country’s climate-conscious industry, according to a report by Arcane Research. Miners in the country also benef...
This Historic Move Could Send Bitcoin’s Price To $1 Million—Meanwhile, Ethereum, BNB, Terra, XRP, Solana, Cardano, Dogecoin Are Sinking
Bitcoin and cryptocurrency prices pulled back this week. The bitcoin price dropped below $44,000, losing about 7.7% of its value. Other major cryptos are also in a downtrend. Ethereum’s price dropped ...
Blockchain.com: Bitcoin’s whitepaper in a sculpture
Blockchain.com announced it will install the largest piece of crypto art in its new Miami office: the Bitcoin whitepaper in a 100-foot-tall sculpture. Blockchain.com and Bitcoin’s whitepaper as the l...
Taro, Issue & Send Any Asset Through Bitcoin’s Lightning Network. Do We Need It?
The Taro protocol is the first big announcement to come out of the Bitcoin 2022 conference. With “bitcoinizing the dollar” as its target and Lightning Labs behind it, the news blew up in Bitcoin-Twitt...
MicroStrategy purchased $191m Bitcoin; now holds 129,218 Bitcoins –
MicroStrategy (MSTR), said it purchased another 4,167 BTC for around $190.5 million The purchases occurred between Feb. 15 and Monday as per MicroStrategy The Tysons Corner, Va.- based organization fo...
US, Germany Sanction Russian Darknet Marketplace Hydra, Seize Bitcoins
The authorities in the United States and Germany have imposed sanctions on Russia-based Hydra Market (Hydra), which has been labeled as the world’s largest and most prominent darknet market. The annua...
Lightning Labs secures $70M funding to integrate stablecoins on Bitcoin’s network
Lightning Labs, the software firm for the Bitcoin (BTC/USD) network, has secured $70M funding to develop the Lightning Network. The funds will boost speeds and lower costs for transactions done on the...
Why has Bitcoin’s Stock-to-Flow ratio doubled in around a day
Bitcoin’s price may be recovering as the king coin turned the 45k resistance into a support level, but now it’s time to get serious again, and set our gaze a little higher. What do the metrics want to...