In addition to a sharp plunge in its price, BTC saw a spike in its mining difficulty level. The number increased by almost 9% within 24 hours yesterday. Earlier this month, the Bitcoin hash rate toppe...
Tag: BTC
El Salvador buys the dip again, adds 410 BTC to its treasury, but experts raise alarm
It has been somewhat of a rollercoaster ride for Bitcoin in the past week. While Russia’s announcement of a possible crypto trading and mining ban has put pressure on the market, SEC’s rejection of tw...
BTC price falls to $34K as Bitcoin RSI reaches most ‘oversold’ since March 2020 crash
Bitcoin (BTC) refused to stem recent losses during Jan. 22 as predictions of a flight to $33,000 and lower looked increasingly likely to become a reality. BTC/USD 1-hour candle chart (Bitstamp). Sourc...
BTC On-Chain Analysis: 99% of Short-Term Holders Reporting Losses – Bullish Signal?
In today’s on-chain analysis, BeInCrypto looks at the positions of short-term holders (STH) of Bitcoin. In the current environment, 99% of new market participants are experiencing a loss. From a marke...
Falling Bitcoin, Cardano, Ether Won’t Catch A Break Until Stocks Find A Floor, Says Billionaire Who Called $38K BTC ⋆ ZyCrypto
Advertisement     A billionaire who successfully forecasted the bitcoin price aching sell-off to the $38K zone believes that the benchmark cryptocurrency will not be a...
Crypto Bloodbath Continues, with Bitcoin (BTC) Back at July 2021 Levels
It was a particularly bearish day for Bitcoin (BTC) and the broader market on Friday. Market sentiment towards FED monetary policy and a continued tech sell-off weighed on the crypto market. For Bitco...
Bitcoin Slumps to $35,600; Peter Schiff Expects Flash Crash Once BTC Breaks Below $30,000
Yuri Molchan Peter Schiff believes BTC will face a flash crash once it breaks under the $30,000 level Contents “Flash crash may start once $30,000 line is crossed” Microstrategy down 32% year-to-date;...
El Salvador Just Bought 410 Bitcoin At A Huge Discount As BTC Extends Losses Into The Weekend ⋆ ZyCrypto
Advertisement     Friday’s flash dump which saw Bitcoin plunge by over 13%, falling under $36,000 seems to have extended into the weekend. At press time, the cryptocur...
El Salvador Purchases Bitcoin Dip, Acquires 410 BTC
Nayib Bukele, the President of El Salvador, recently announced that the Central American country has acquired 410 Bitcoin for a total of $15 million. In the last 4 months, El Salvador acquired the dig...
$800 Million Liquidated As The Crypto Market Sinks Below $1.8 Trillion
Two days ago, social media platform Twitter was filled with comments from traders urging some crypto assets to stop ranging and “do something.” Events that have taken place over the past 24 hours seem...
Think You’re Down? MicroStrategy Has Lost $4B in Paper Profit to Bitcoin Crash
November 2021, now seems like a long history for crypto traders. At a certain point in that month, bitcoin, the world’s leading cryptocurrency by market cap, was sold at $69,000 per unit. However, due...
Institutional Marketing Made Solana Shine More: Polygon Co-Founder
Sandeep Nailwal, co-founder of the popular Ethereum layer-2 scaling solution, Polygon, has recently opined that the influence of large institutional investors on the high-performance blockchain, Solan...
Whales Gobble Up Bitcoin As Non-Exchange BTC Supply Surges to All-Time High: Santiment
Crypto whales are buying up Bitcoin (BTC) even as prices continue to track sideways this week, according to the market analytics firm Santiment. According to Santiment’s Twitter feed, whale addresses ...
Coinbase Shares Record Biggest Drop (Over 15%) Amid Ongoing Crypto Dump
Coinbase Global Inc., one of the largest U.S. crypto platforms, has experienced a big hit due to the ongoing crypto dump. The shares of the San Francisco-based crypto trading platform fell as much as ...
Cathie Wood: El Salvador Has Nailed BTC
Cathie Wood of Ark Invest believes El Salvador is on the right path when it comes to bitcoin innovation. She is very excited about all the fantastic progress the country has made in terms of BTC adopt...
Stable Coins Benefit As Bitcoin Falls Below $40,000
Bitcoin has fallen below $40,000 for the first time since September 2021. getty In the past 24 hours, bitcoin has fallen over 6%, now sitting below $40,000, the first time since September 2021. From a...
Eric Adams, New-York mayor to receive paycheck in Btc, Eth
TL;DR Breakdown Eric Adams set to receive his first paycheck in BTC, ETH. His paycheck in crypto comes after he promised to receive crypto payment during campaign. The City of New York confirmed the p...
BTC/USD Tests 38602 Price Objective: Sally Ho’s Technical Analysis 22 January 2022 BTC
Bitcoin (BTC/USD) experienced volatile trading activity early in today’s Asian session as the pair crashed below the psychologically-important 40000 figure again after selling pressure recently emerge...
New York City mayor to receive BTC and ETH as salary through Coinbase
The mayor of New York, Eric Adams, will be receiving his first paycheck in crypto. Adams will be receiving his first salary as mayor on January 21, which will be converted into Bitcoin and Ethereum. A...
Bitcoin Crash To Get Severe, BTC Price Going To Correct Below $35k?
The broader crypto market cap takes a turn for the worse with its improbable volatility. An abrupt crypto crash on Thursday has resulted in negative gains of over 7.37% round the clock. Thereby, plumm...
5.7 Million BTC Now Held Below Purchase Price As Charts Show No Signs Of A Big Bitcoin Rebound ⋆ ZyCrypto
Advertisement     Over 5.7 million BTCs are currently held below purchase price value. At $38k, Bitcoin is down circa 40% from its November ATH, and the entire crypto ...
Old Bitcoin (BTC) Supply Climbs Sharply
Long-term Bitcoin holders have stopped spending their digital assets. The data from crypto analytics platform, Glassnode indicates that the overall percentage of BTC supply last active almost 5 years ...
Bitcoin (BTC) Price Test Weekly Lows, Lost 16% Since January 1
Bitcoin (BTC) price continues to drop considerably, today is not an exception with 4% losses. BTC has been in a bearish outlook after the recent as it sliced through the $44k congestion zone. Bitcoin ...
NYC mayor to convert the first salary to BTC & ETH through Coinbase
The mayor of New York, Eric Adams, is fulfilling his pledge of receiving his first three paychecks in cryptocurrency. The mayor has announced that he will be converting his first salary as mayor into ...
Bitcoin fundamentals diverge from BTC price dip as difficulty hits new all-time high
Bitcoin (BTC) may have tanked to six-month lows this week, but under the hood, the network is now verifiably stronger than ever. Data from on-chain monitoring resources including Glassnode and BTC.com...
Bitcoin (BTC) Daily RSI Becomes Oversold for First Time Since May
Bitcoin (BTC) reached a new 2022 low of $38,250 on Jan 20. While it’s still trading at a considerable support area, there are no bullish reversal signs in place yet. BTC has been falling since reachin...
Bitcoin (BTC) Down 8%, Ethereum (ETH) And Altcoins Follow
Over the last three hours, the crypto market is facing yet another brutal crash and is down 7.67% eroding more than $150 billion dollars in investors’ wealth. The world’s largest cryptocurrency Bitcoi...
BTC Risks Crashing Below $35k As Russia Threatens To Completely Ban Bitcoin ⋆ ZyCrypto
Advertisement     On Friday, Bitcoin and Ethereum led other cryptocurrencies in yet another dumping frenzy that saw over $700M in liquidations after Russia’s central b...
New York City Mayor Eric Adams to Buy Bitcoin (BTC) and Ethereum (ETH) Dips Today
There’s a major bloodbath on Satoshi Street once again as Bitcoin and Ethereum corrected over 8% each. However, New York City Mayor Eric Adams Is All Set to Buy the Bitcoin Dip later today. As announc...
BTC Dump Continues, Crypto Market Loses $150 Billion
Another crypto market dump caused a sharp dip in the prices of digital assets on Thursday. BTC plunged below $39,000 yesterday for the first time in almost 4 months. Bearish traders took over the mark...
BTC, DOGE and SHIB Price Analysis for January 21
Denys Serhiichuk Have the major coins touched their support levels for a bounceback? Despite the growth yesterday, bulls cannot hold the initiative, and the market has faced a sharp dump. Top coins by...