On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The current difficulty is approximately 34.24 ...
Tag: Bitcoins
Survey reveals anticipation of Bitcoin’s future price at low after FTX collapse
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Bitcoin’s Third Largest Wallet Changed Hands, but Onchain Data Shows It’s Likely the Same Owner – Featured Bitcoin News
Last year and during the first half of 2022, speculators assumed the third-largest bitcoin address was a ‘mysterious whale,’ even though the wallet had shown strong characteristics of being a cryptocu...
Addresses That Sat Idle for Years Transferred 1,221 Bitcoins Worth $20M Over the Last 4 Days – Coinotizia
During the last seven days, bitcoin’s price has remained above the $16K region following the aftermath of FTX’s collapse. Since then, a number of ‘sleeping bitcoins’ that sat idle for five to nine yea...
Addresses That Sat Idle for Years Transferred 1,221 Bitcoins Worth $20M Over the Last 4 Days – Bitcoin News
During the last seven days, bitcoin’s price has remained above the $16K region following the aftermath of FTX’s collapse. Since then, a number of ‘sleeping bitcoins’ that sat idle for five to nine yea...
DXY bounces at major support, reducing Bitcoin’s chance at breaking the $17.2K resistance
On Dec. 2, the United States dollar index (DXY), an index that measures the dollar’s strength against a basket of top foreign currencies, reached 104.40 which was the lowest level seen in 5 mont...
Bitcoin’s mining difficulty set for largest single drop of 2022
It’s a sign of the times: the next bitcoin mining difficulty update might be the largest drop this year. The adjustment is projected to happen in the early hours of next Tuesday and could ...
This is When Bitcoin’s (BTC) Price May Raise More Than 12% to Reach $20,000!
Bitcoin price yet again slashed below $17,000 after struggling to hold above these levels for a while. Meanwhile, the bears continue to remain moderately passive which denotes the possibility of a min...
Crypto Analyst Jason Pizzino Forecasts Bitcoin’s Likely Trajectory Through February – Here’s His Outlook
Popular crypto trader Jason Pizzino says he believes that Bitcoin (BTC), the leading digital asset by market cap, has more room to fall. In a new video update, Pizzino tells his 279,000 YouTube subscr...
Bitcoin’s price back to $17,000
After collapsing in the first decade of November, Bitcoin’s price is now back around the $17,000 mark. Truth be told, this threshold had already been crossed twice since the yearly low peak on 10 Nov...
Bitcoin’s Value Artificially Inflated and Rarely Used for Legal Transactions, Says ECB
The latest critique came from the top leadership at European Central Bank (ECB), who stated that Bitcoin’s value “is likely to be artificially induced” while adding that the crypto-asset is on a “road...
ECB reports Bitcoin’s last stand
The European Central Bank put out a blog yesterday heavily maligning Bitcoin. Rarely being used for legal transactions was one its allegations. The European Central Bank (ECB) published a blog on Wedn...
Bitcoin’s 1.7% inflation rate performs better than the Fed’s 2% target
The Bitcoin inflation rate fell from 50% in 2011 to 4% in 2020 prior to the halving and now stands at 1.7%, a figure way below the U.S. Federal Reserve’s monetary inflation rate target of 2%. While t...
ECB Blog Post Insists This Is ‘Bitcoin’s Last Stand,’ Officials Claim BTC Is Headed Toward ‘Irrelevance’ – Bitcoin News
On Wednesday, Nov. 30, 2022, a blog post published by the European Central Bank (ECB) discusses bitcoin and the authors Ulrich Bindseil and Jürgen Schaaf seem to believe its “bitcoin’s last stand.” Th...
Bitcoin’s accumulation trend score and everything latest for your next trade
Bitcoin accumulation has rallied since the collapse of FTX New BTC buyers have seen lower losses than an average existing BTC holder As the general cryptocurrency market took a bite at recovery follow...
Bitcoin, Ethereum Price Prediction- This May Break Bitcoin’s Ongoing Consolidation
Bitcoin, Ethereum price prediction: The traders’ sentiment remains uncertain and keeps the market leaders in a narrow consolidation. Therefore, the BTC and ETH are still struggling to follow a directi...
Attacker Sent 255 Bitcoins To OKX In Latest Findings
The FTX saga, an already terrible story took a turn for the worse when a few attackers hacked the FTX exchange earlier this month. Now, fresh information that has been acquired suggests that the attac...
Bitcoin’s technical indicators point to a ‘big move’ on the horizon
The cryptocurrency market is still not in the clear from the consequences of the collapse of FTX, once one of the largest crypto exchanges in the world. Still, some of its assets, like Bitcoin (BTC), ...
Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction – Mining Bitcoin News
Bitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as the next difficulty retarget is expected to see a significantly large reduction. Estimates show the next difficulty re...
Bitcoin’s [BTC] bearish pennant has some tips for its long-term holders
Bitcoin is forming a bearish pennant pattern Bitcoin’s open interest in the derivatives market dropped substantially last week Bitcoin has kicked off this week with a return of sell pressure after fai...
Bitcoin’s bottom might be below $15.5K, but data shows some traders turning bullish
Bitcoin (BTC) bears have been in control since Nov. 11, subduing BTC price below $17,000 on every 12-hour candle. On Nov. 28, a drop to $16,000 shattered bulls’ hope that the 7% gains between No...
Bitcoin Core 24, Bitcoin’s controversial upgrade is now live
Bitcoin Core 24, the long-awaited but controversial upgrade was activated on Nov. 26, opening the door for the Bitcoin memory pool that will serve as a waiting room for unconfirmed transactions. The...
Binance Leads PoR Effort, Bitcoin’s Battle Above $16K and Crypto Market’s Attempt at Recovery: This Week’s Recap
The past week was somewhat positive for the entire cryptocurrency market, both in terms of pricing and overall developments. While the meltdown of FTX looms over the industry and most market participa...
Will 10k BTC Moved By Mt. Gox Hacker Increase Bitcoin’s Selling Pressure?
– Advertisement – Mt. Gox hacker has moved 10k BTC for the first time in over seven years. 10k BTC from a BTC-e exchange wallet associated with the 2014 Mt. Gox hack is on the move, accord...
Whatever Happened to Ed Snowden’s Treasure Chest of Bitcoins?
Join Our Telegram channel to stay up to date on breaking news coverage In an interview conducted in Moscow, whistleblower Edward Snowden said he had enough Bitcoin to spend in a lifetime. At the inter...
End of Bitcoin’s Year-Long Downtrend – Here’s What Next For BTC Price
The crypto prices experienced immense bearish pressure by FTX’s Collapse and the Fed’s hawkish comments. Compared to Ethereum’s 8% drop to $1,100, Bitcoin’s ongoing decrease and breach of $16,000 was ...
Here’s How Grayscale Pushed Bitcoin’s Price to $69,000: Peter Schiff
Arman Shirinyan Crypto and Bitcoin critic believes major crypto fund was main reason behind BTC’s rally in 2021 The famous Bitcoin critic and gold advocate strikes again on his official Twitter ...
After the FTX crash, some urge for a return to bitcoin’s decentralized beginnings to safeguard financial assets
Join Our Telegram channel to stay up to date on breaking news coverage During these difficult times, as rumors fly about how much cryptocurrency will be worth following the catastrophic collapse of th...