El Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran government has bought a ...
Tag: Bitcoins
Bitcoin’s RSI is Now at the Most Oversold Level Since the March 2020 COVID Crash
The cryptocurrency market lost over $400 billion worth of its capitalization in the past few days alone. The total market cap currently sits below $1.7 trillion. This came as most of the coins are dow...
3 Reasons for Bitcoin’s Drop Below $40,000
Arman Shirinyan Here are three causes that may be dragging first cryptocurrency down The correction on the cryptocurrency has, unfortunately for the majority of investors, aggravated further, with Bit...
Bitcoin’s $100K Dream is Now Long Dead, Major Crash to $30K is On its Way
The crypto market cap slashed heavily, recording a plunge of more than 11% compared to the previous day’s close. While the market is within the bearish trend many factors may still drive the BTC price...
El Salvador Purchases 410 More Bitcoins Amid Market Drop, President Bukele Says
El Salvadaor bought 410 bitcoin for $15 million Friday, the country’s President Nayib Bukele said on Twitter. “Some guys are selling really cheap,” he added in his tweet. Bitcoin was down about 12% la...
Crypto-Exposed Stocks Sink Amid Bitcoin’s Decline, Broader Market Rout
Cryptocurrency stocks were also falling amid a broader stock market rout, with technology shares bearing a brunt of the recent downtrend. The tech-heavy equity index Nasdaq has fallen 5% this week and...
Bitcoin’s price hits a six-month low near $38,500
advertisement The price of bitcoin (BTC), the world’s largest cryptocurrency, continues to reel as it faces pressure from macroeconomic conditions, such as concerns around the tightening of US m...
Top 5 Reasons Why Bitcoin Crashed Today! Will $36k Be The Threshold To Bitcoin’s Fall?
The world of cryptocurrencies has fallen to another major crash, which has wiped out significant monetary numbers. The crash has resulted in novices falling prey to FUD and has left veterans in a dile...
Bitcoin’s Real Price Is $30,000 Now and Tether’s $0.72: Peter Schiff Explains Why
Yuri Molchan Vocal Bitcoin critic Peter Schiff is having fun attacking Bitcoin by naming its “real,” lower than present, price Prominent Bitcoin opponent, CEO of Euro Pacific Capital and f...
Bitcoin’s Plan To Fix The Crowdfunding Problem?
Crowdfunding has been around for some time now, and although it has been a hard time for some projects to gain funds, bitcoin could be the answer. Let’s look at the root of the troubles and how crypto...
In states of extreme fear, Bitcoin’s “Buy the dip” crowd shrivels
“Buy the dip” slogan fades away as the majority of investors have either already bought the dip or left the markets The velocity of BTC has dropped and stayed below 0.035 Amount of Hodled coins hit ...
Bitcoin’s ‘Unique Phase’ Will Send Its Price To $100,000 In 2022—Meanwhile Ethereum, BNB, Cardano, Solana Prices Tumble
Cryptocurrency prices keep chugging downhill. This week the bitcoin price dipped 2.3%. The price of ethereum is down 6.2%. Meanwhile, the BNB price sank 7.1%, cardano 4.2%, XRP 5.1%, and solana 6.8%....
Shiba Inu, Ether, and DOGE Are Slowly Eating Into Bitcoin’s Multi-Billion Dollar Payments Sphere ⋆ ZyCrypto
Advertisement     Altcoins and stablecoins have downsized Bitcoin’s dominance as a means for paying for goods and services online by 27%. This is according to a new re...
Bitcoin’s transition to a risk-off asset will propel it to $100K in 2022, says Bloomberg analyst
Bloomberg analyst Mike McGlone is convinced Bitcoin is on track to reach $100K in 2022, as it completes its transition from a risk-on to risk-off asset. While the Fed is planning to raise interest ra...
What is Bitcoin’s Lightning Network?
Despite significant growth in recent years, the Lightning Network still faces challenges to overcome if it wants to solve bitcoin’s scalability issues. The most demanding issue is security. Because no...
Could Bitcoin’s security be weakening? Let’s talk about it
Bitcoin proponents claim that Bitcoin’s security is unquestionable and fears surrounding halving events are blown out of proportion. Critics, however, argue that transaction fees might not have the ca...
Ethereum, Dogecoin and Shiba Inu Chipping Away at Bitcoin’s Crypto Payment Market Share
Alex Dovbnya Bitcoin’s share of crypto payment volume continues to decline, according to BitPay Alternative cryptocurrencies are becoming popular with shoppers, according to leading crypto payment pro...
Altcoins Are Encroaching On Bitcoin’s Dominance On Digital Payments
Bitcoin has dominated the digital payments space for the longest time and continues to do so. However, this dominance is on the decline as more altcoins are being chosen as the preferred digital curre...
Bitcoin’s Hashrate Rises to All Time High – Trustnodes
Bitcoin’s hashrate has risen to a new all time high on Thursday, crossing 216 exahashes a second (Ex/s) as pictured above, up from its previous all time high of 207 Ex/s. Despite an internet blackout ...
Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH – Mining Bitcoin News
Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching 219.68 exahash per second (EH/s). The new record follows the previous a...
‘We absolutely believe Ether’ surpassing bitcoin’s total market value ‘can happen this year,’ says ETF expert: ‘The bull case is an Etherum ETF in 2022’
Hello there! The Invesco QQQ Trust QQQ is up over 2% so far this week. That is not where many investors would have bet that the popular exchange-traded fund would be trading now based on the wild acti...
After Bitcoin’s Weak Start to the Year, Analysts Now Predict Price Increase
After a rocky start to the year, bitcoin (BTC) appears to have stabilized this week, and some analysts are predicting that prices could be set to rise. Bitcoin has added 1% since Sunday after dropping...
Strike Shakes Up Bitcoin’s Future in Latin America with its Argentina Release
Globe’s top virtual wallet developed on the Lightning Network of Bitcoin, Strike, was released in Argentina. Argentina is one of the nations containing a high user base of Bitcoin, making it the natio...
Bitcoins’ Circulation and Address Remain Underwhelming
In 2022, Bitcoin (BTC) is experiencing a period of calm because of decreased utility on its network. Market insight provider Santiment explained: “Bitcoin isn’t getting a ton of utility to...
Mark Cuban Doesn’t Believe in Bitcoin’s Role as a Hedge Against Inflation
Some cryptocurrency investors believe Bitcoin is a hedge against inflation, but American billionaire Mark Cuban doesn’t think the narrative is true. Bitcoin Will Never Be a Hedge Against Inflation The...
Cash App Integrates Bitcoin’s Lightning Network
Key Takeaways Cash App, the payments app from Jack Dorsey’s Block Inc., has integrated the Lightning Network for Bitcoin payments. The Lightning Network allows for off-chain payments, thereby re...
Novogratz: Bitcoin’s bottom at $ 38,000
A few days ago, the CEO of Galaxy Digital, Mike Novogratz, told CNBC that he believes that $38,000 is the bottom of this phase of decline for the price of Bitcoin. “I know big institutions who ...
Bitcoin’s Correlation With S&P 500, Nasdaq Hits Highest Level Since July 2020
Historically, Bitcoin has maintained a relatively low correlation to traditional asset classes, including equity indices and commodities like gold. However, in recent weeks, the leading cryptocurrency...
95% of JP Morgan Clients Doubt Bitcoin’s Price can Break $100,000 by the end of 2022
Bitcoin bullish sentiments seem to be growing cold among market observers. According to JPMorgan’s survey, 95% of its clients expect that Bitcoin’s price will not hit $100,000 while only 5% think it w...
Bitcoin price fluctuating below and over $40k
Bitcoin price Analysis Bitcoin’s price dropped below the $40k level briefly during Monday’s session but managed to rally before its daily close and finished only $-11. Today we start our bitcoin ana...
Bitcoin’s Long Liquidation Dominance Hits an 8-Month High at 69%
Having traded below $45,000 for seven days now, Bitcoin (BTC) has been in the red based on significant liquidation. As a result, long liquidation dominance is at levels last seen in May 2021 as trade...