The cryptosphere has been yearning for a flight to the stratosphere, while the ongoing market trends have been nerve racking. Which have slashed the valuation of the business and the digital asset to ...
Tag: Bitcoins
Will Ethereum (ETH) Price Run To $7000 Dethrone Bitcoin’s Dominance?
The crypto sphere amidst the economic turbulence has been skittish over the future prospects of the industry. Which in turn has led folks from the business to contemplate the future of legacy cryptos....
Bitcoin’s Drop Below $33K, FOMC Meeting and Russia’s Crypto Ban Debacle: This Week’s Recap
To say that the last seven days were rough on the cryptocurrency market would be a wild understatement. A lot happened, and the volatility jumped through the roof, so let’s start with Bitcoin. BTC’s p...
Bitcoin’s Market Dominance Increases, Price Struggles around $36,000
In the latest crypto sell-off, BTC holders suffered huge losses. However, there was one bright spot for the holders of Bitcoin. The overall market dominance of the most valuable digital currency spike...
Whales Buy 60K Bitcoins Over Past 2 Months, Adding 1.7 Million BTC in Last 5 Years: Report
Yuri Molchan Large crypto holders continue to accumulate Bitcoin, grabbing almost 2 million BTC since 2017, a report says Contents 60K BTC added in past two months, 1.7 million BTC bought since 2017 B...
How Bitcoin’s recent sensitivity to interest rate hikes could be bullish
Bitcoin has so far been very sensitive to any decisions coming from the Federal Reserve, experiencing massive sell-offs in an aggressive reaction to inflation. This has prompted many to worry about ho...
Derivatives data suggests that Bitcoin’s $39K bounce was a mere blip
Bitcoin (BTC) bulls are probably quite disappointed with how the start of 2022 has shaped up, especially since the cryptocurrency plunged over 20% in the first 25 days of the year. Even more shocking ...
$2.9 Billion Worth of Bitcoin Moved from Exchanges Following Bitcoin’s Spike to $39,000
Arman Shirinyan Almost $3 billion moved away from exchanges, but there is still enough selling pressure Almost $3 billion worth of Bitcoins had been removed by traders from various centralized exchang...
Finding Bitcoin’s True Point of Pain, Why Sub $30K Seems Likely
Bitcoin maintains its bullish short-term trajectory into the U.S. Federal Reserve FOMC meeting, suggesting the downtrend might be losing strength. BTC investors have feel the pain in the last weeks, a...
UK Researcher Claims Bitcoin’s Algorithm Can Be Cracked In a Decade
A graduate student’s research in the field of quantum computing has revealed that Bitcoin’s SHA-256 algorithm can be cracked within a decade by a quantum computer that’s about a mill...
Want your salary in Bitcoins? Here’s why you should think twice
The cryptocurrency boom reached new levels by touching on salaries in some countries. The millennial generation preferred to receive payments in cryptos. Fair to say, Cryptos are part of the new finan...
Bitcoin’s Price Could Surpass $1 Million in the Next Decade, Says ARK Invest
A research team of the American investment management firm ARK Invest envisioned a highly optimistic future for bitcoin. According to them, the price of a single coin could surpass $1,000,000, and the...
Can Bitcoin’s Price Hit $1 Million? Ark Invest Is Confident It Can Happen In 2030
Cathie Wood’s ARK Invest has made a mind-blowing prediction for the price of Bitcoin and Ethereum. According to their Big Ideas Summit 2022 (BIS 2022) report, Bitcoin may exceed a value of $1 million ...
Bitcoin’s Positive Correlation With The Stock Market Index Records A Mild Increase
Bitcoin has often been touted to be a non-correlated asset that can be used to diversify risk in an investment portfolio. This may however be changing according to new data. Reuters reports that since...
These Ten Crypto Billionaires Have Lost $27 Billion Since Bitcoin’s Peak In November
The fortunes of the wealthiest Bitcoin, XRP and other crypto investors and entrepreneurs have imploded along with the value of digital assets. The worst may not be over. Bitcoin has fallen nearly 50%...
IMF Urges El Salvador to Discontinue Bitcoin’s Legal Tender Status
The executive board of the International Monetary Fund recommended that El Salvador discontinue the use of bitcoin (BTC) as legal tender in in the country due to the financial risks and liabilities cr...
Bitcoin’s Correction Continues for Now, but Eventually It Could Go ‘Parabolic,’ Says Peter Brandt
The recent crypto sell-off could be a mere dip within a long-term uptrend. That’s according to chartist Peter Brandt, CEO of Factor LLC, a research and trading firm. When asked what it would take for ...
Bitcoin’s correlation to the stock market continues to increase
The cryptocurrency market has recorded major price dips caused by ongoing market selloffs. While the crash has led most coins to move towards yearly lows, the correlation between Bitcoin price and the...
Was $33k Bitcoin’s Bottom? On-Chain Analyst Reveals ‘Classic Indicator’ To Catch The Cyclic Bottom As Bullish Sentiments Linger ⋆ ZyCrypto
Advertisement     Key Takeaways Bitcoin has not yet reached a cyclic bottom according to Ki Young Ju, CEO of CryptoQuant. He draws his judgment from Bitcoin’s MVRV rat...
IMF urges El Salvador to remove Bitcoin’s status as legal tender
Members of the executive board at the International Monetary Fund are urging lawmakers in El Salvador to no longer recognize Bitcoin as legal tender. The IMF reported on Tuesday that though digital pa...
Cash App will integrate with Bitcoin’s Lightning Network for US Based Customers
Block (previously Square), Jack Dorsey’s company, has announced the integration of Lightning Network into its famous Cash App. Off-chain payments are possible using the Lightning Network, which reduce...
Perianne Boring says Bitcoin’s fundamentals are still strong
Founder and President of the Chamber of Digital Commerce Perianne Boring believes Bitcoin’s (BTC/USD) fundamentals are strong as ever despite last week’s crash. She aired her opinions during an interv...
El Salvador Buys 410 More Bitcoins In Recent Dip
El Salvador President Nayib Bukele announced that the Central American country purchased 410 more Bitcoins in a recent market dip. The announcement came days after his administration revealed its inte...
Why the Floor for Bitcoin’s Price Is Zero
Text size What matters for Bitcoin is price momentum. Dreamstime A few thoughts early in the trading week: Recent crypto buyers who are sitting on deep losses surely don’t need me reminding them that ...
Raoul Pal has sold all but one of his Bitcoins
Raoul Pal has sold almost all of his Bitcoin. By his own admission, he only has one left. The confession came during a heated Twitter discussion with Greg Foss. Raoul Pal and Bitcoin Raoul Pal qualif...
Analysts say Bitcoin’s bounce at $36K means ‘it’s time to start thinking about a bottom’
Bears remain in full control of the cryptocurrency market on Jan. 24 and to the shock of many, they managed to pound the price of Bitcoin (BTC) to a multi-month low at $32,967 during early trading hou...
British Soldier Faces Charges for Stealing Bitcoins and Assaulting Owners
A male British soldier has recently been charged in court on counts of kidnapping and robbery for allegedly stealing a couple’s bitcoins worth thousands of dollars. The 36-year-old soldier identified ...
Is it really wrong to say Bitcoiners ‘do not care’ about Bitcoin’s price drop
Bitcoin’s price crash has set many investors panicking as they perhaps question their investment strategies and the health of their portfolios. For his part, investment analyst Anthony Pompliano claim...
Turkey’s President Expected To Swallow Bitcoin’s Red Pill After Meeting With El Salvador’s Bukele ⋆ ZyCrypto
Advertisement     El Salvador’s leader recently met with the Turkish President. Amid talks of cooperation and investment, it is likely that the issue of Bitcoin might...
Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits – Mining Bitcoin News
After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price. This weekend, Bitcoin’s...
Bitcoin’s RSI Reaches Lowest Point in Two Years, Here’s Why It Is Possibly Good for Market
Arman Shirinyan Indicator that predicted a reversal that led to ATH run is now sharing another reversal sign Contents Why this might be first sign of reversal Can the indicator predict a full reversal...
Bitcoin’s spiral pulls down Grayscale’s AUM with NAV at record discount
Bitcoin has been on a downward spiral since the beginning of the year, but now it is recording steep corrections. The coin has already lost over 17% of its value over the past week, trading at around ...