A climate tech investor has painted a bright view of the Bitcoin network, suggesting its environmental positives outweigh its negatives by a whopping 31:1 ratio. On Jan. 12, self-proclaimed philanthro...
Tag: Bitcoins
Liquidations Cross $200 Million Following Bitcoin’s Rise Above $19,000
The last 24 hours have been filled with twists and turn for the crypto market but one thing that is important is that bitcoin crossed $19,000. This would be the first time that the digital asset would...
I asked ChatGPT Bitcoin’s price prediction and it gave me an accurate answer
On the morning of 12 January, the markets patiently awaited U.S. CPI data for the month of December. Investors, across the board, expected inflation to go south of 7% – Well, for the very first time s...
What’s moving bitcoin’s price right now?
Bitcoin is currently rallying after a brutal 2022 that saw 65% slashed from its price. But how long can the upturn last? Is it even a real rally? And why do bitcoin’s ups and downs over the past 12 mo...
Bitcoin’s energy efficiency will increase with adoption – proponent says
Popular BTC proponent Lyn Alden took to Twitter to explain how the Bitcoin (BTC) network will become more efficient with increasing adoption. Alden shared data sourced from Glassnode to indicate that ...
Bitcoin’s large-sized transactions crumble
Bitcoin’s hefty $10 million plus-sized transactions have experienced a dramatic drawdown since the collapse of FTX. Earlier, such transactions held around 42.8% of the total volumes. FTX collapse lead...
Brother of Criminal Bitcoin Mixing CEO Pleads Guilty to Stealing 712 Bitcoins From IRS
He also “spent bitcoin extravagantly” at strip clubs and on private jet flights. Photos recovered from his cell phone show a lavish evening out at a club: Gary bathing in a tub full of cash, a blissfu...
Bitcoin’s Price Has Some Technical Challenges to Overcome
The price of BTC has hardly moved over the last 24 hours. BTC’s price has retraced slightly after reaching a daily high of $16,961.79. Technical indicators suggest that BTC’s price will fall in the ne...
Bitcoin’s annualized 3-month futures basis show a calm before the storm
Out of all the crypto derivative products, perpetual futures have emerged as a preferred instrument for market speculation. Bitcoin traders use the instrument en masse for risk hedging and capturing f...
Bitcoin’s $16,920 hurdle tips the scales in favor of the bears, but…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion BTC was bullish on the three-hour chart despite in...
Bitcoin’s Two-Year Downward Trend Shall End Soon, Claims Analyst
The overall cryptocurrency market is showing signs of growth, even as the global cryptocurrency market struggles to regain its $1 trillion market capitalization. Currently, the global crypto market c...
Bitcoin’s 2022 settlements volume almost hits $15t despite crypto winter
Bitcoin has been consolidating in the $16,000 to $16,900 zone since Dec. 16. While the flagship crypto’s price has dropped considerably from its all-time high (ATH) of the $68,000 mark in November 202...
Bitcoin Core Developer Loses $3.6 Million Worth Of Bitcoins To Hack
– Advertisement – Bitcoin core dev Luke Dashjr has lost $3.6 million to a hack The perpetrators managed to gain access to Dashjr’s PGP key. Binance is monitoring the situation and CZ has...
Ethereum Recorded 338% More Transactions Despite Bitcoin’s Lead In Search Interest In 2022 ⋆ ZyCrypto
Advertisement     Ethereum transactions outpaced BTC over fourfold in 2022 with over 400 million trades. BTC topped the search charts as expected, with Ethereum finis...
Here’s Why MicroStrategy Sold 704 Bitcoins on December 22
Publicly-traded business intelligence company MicroStrategy revealed that it sold part of its bitcoin stash on December 22 for tax purposes. Although the firm later purchased more bitcoins, the sale d...
Taking a look at Bitcoin’s historic low volatility periods to find what 2023 holds
Volatility, or the lack of it, can serve as a tool for analyzing market trends The downtrend of Bitcoin is mostly done, but one more leg downward could be painful Bitcoin [BTC] investors have faced so...
Bitcoin’s mining industry is in survival mode. What’s in the cards for 2023?
Bitcoin miners are clinging to life. It’s a far cry from a year ago, when they were racing to keep up with incessant demand. So what’s in store for miners in 2023? Bankruptcies have...
MicroStrategy and Its Subsidiaries Together Add 2,500 Bitcoins
MicroStrategy has almost 132,500 bitcoin in its possession as of 27th December 2022. On December 22nd, for tax purposes, MacroStrategy sold about 704 bitcoins. Michael Saylor, a Bitcoin maximalist, st...
Historically January Is Not Bitcoin’s ‘Best Month’, February to Be a Game-Changer?
The price of bitcoin had already dropped significantly in 2022 before the abrupt failure of the trading site FTX last month. After a lackluster 2022, all eyes are on Bitcoin as it enters 2023 with hig...
Crypto Supporters Sift Through the Graveyard of Technical Indicators That Failed to Predict Bitcoin’s Bottom – Bitcoin News
As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin be...
Bitcoin’s [BTC] bottom is not in yet; should you go short in 2023?
Any further rally and subsequent drop in BTC’s hashrate will pull down its price. BTC market is not yet in the accumulation zone. Currently trading at its December 2020 price level, holders of the lea...
Will Bitcoin’s hashrate follow history to trigger another BTC decrease? Assessing…
Bitcoin’s hashrate hit a one-month low on Christmas day Exchange reserves continued declining but BTC excelled in neutrality The Bitcoin [BTC] hashrate went off the radar on 25 December, hitting as lo...
Understanding Bitcoin’s 64% Decline in 2022
Bitcoin (BTC) is down 64% in 2022, which is the biggest loss for the largest cryptocurrency by market capitalization since its 73% plunge back in 2018. CoinDesk’s Managing Editor of Markets Brad...
Bill Miller Says Bitcoin’s Current Price Levels Are ‘Pretty Remarkable’
Despite Thursday’s carnage on the US stock market, the price of bitcoin (BTC) remained stable. The unanticipated breakthrough of BTC last week led to a rally to almost $18,357 before a severe fall at ...
Do Kwon Encashed $120,000 Worth Bitcoins in Serbia
Market News Do Kwon cashes out $9.64 Bitcoins in Serbia. The South Korean government confirms Kwon is hiding in Serbia. As an important case in the market, the location of Do Kwon, the founder of T...
Ukranian Man Steals Bitcoins And Donates To Charity
Alex Holden, a Ukranian Cyber Intelligence expert has stolen Bitcoin worth 25,000 USD from a Russian drug market and given it to a charity based in Kyiv city, Enjoying Life. Enjoying Life is a non- pr...
Bitcoin’s new rally could start at this price, historical data hints
Bitcoin’s (BTC) price is still consolidating below $17,000, with investors monitoring the asset for a possible bottom that would likely usher in a new rally. In attempts to figure out Bitcoin’s next m...
Crypto-skeptic Peter Schiff admits gold partly lost interest due to Bitcoin’s growth
Peter Schiff, the chief global strategist of Euro Pacific Capital and vocal cryptocurrency skeptic, has suggested that Bitcoin’s (BTC) rise partly impacted investor interest in gold. According to Sch...
Terra Founder Do Kwon Cashes Out Bitcoins in Serbia
Alex Dovbnya Do Kwon cashed out 9.64 Bitcoins ($120,000) from LFG after fleeing to Serbia, according to report by local media outlet On-chain data shows that Terraform Labs founder Do Kwon cashed out ...
Did Peter Brandt Just Give His Prediction For Bitcoin’s Price Bottom?
– Advertisement – Brandt wishes his followers a merry Christmas, but his Christmas tree sketch gives investors pause for thought. In a tweet on Thursday, veteran trader Peter Brandt sent o...
3 Things to Watch to Identify Bitcoin’s Breaking Point: DataDash
DataDash founder a veteran crypto analyst Nicholas Merten predicts more pain ahead for Bitcoin’s price based on a combination of technical indicators and macroeconomic pressures. The analyst referenc...
Bitcoin’s SOPR at a three-year low means this for your investment
BTC’s SOPR fell to a three-year low. Coins remain idle on the BTC network, and whales have slowed accumulation. The leading coin Bitcoin [BTC] is set to close the trading year within the $16,500 – $1...