TL;DR Breakdown On JAN. 11, 2022, BTC mining firm Luxor announced the launch of its ASIC trading desk. The mining firm plans to use this desk to provide BTC miners with ASIC mining equipment at afford...
Tag: BTC
Tonga Could Adopt Bitcoin (BTC) as Legal Tender By November, Says Former MP
Former member of parliament of Tonga, Lord Fusitu’a, revealed that the country’s legal tender bill for Bitcoin is “modeled on” and is “almost identical” to that of El Salvador. Bitcoin and Tonga Accor...
Bitcoin (BTC) Breaks Out From Descending Channel, Targeting Previous Support
Bitcoin (BTC) has increased considerably since its Jan 10 lows and is showing several signs that indicate the corrective phase is complete. BTC had been trading inside a descending parallel channel si...
BTC Manages to Outperform Stocks and Gold for 3rd Year – What’s Next?
Although the price of bitcoin fell recently, it has still managed to be one of the best performing financial assets of the year. The cryptocurrency has managed to have an amazing year in general, reac...
Another Small Miner Pockets $270K BTC Block Reward Against All Odds
Another miner using measurably less hashrate compared to big mining operations defied astronomical odds and managed to mine a block on Bitcoin’s network, pocketing the 6.25 BTC reward, currently worth...
Cryptocurrency Exchanges See Massive Bitcoin (BTC) Outflows
The market cap of Bitcoin has been shrinking since the start of 2022. A sharp decline in retail and institutional interest, weak network activity, and huge selling pressure are not helping BTC bulls. ...
Buy or Sell Bitcoin (BTC)? These Charts and On-Chain Metrics Will Help You Decide
The U.S. released its inflation data on Wednesday, January 12, but this doesn’t seem to dampen the sentiment for Bitcoin investors as of now. Bitcoin is trading in the green zone as of press time at p...
U.S. Inflation Numbers In Line With Expectations, Bitcoin (BTC) Continues to Trade Above $43,500
On Wednesday, January 12, the United States has reported the highest inflation at 7% in over four decades since 1982. Well, this doesn’t seem to have a greater impact on the Bitcoin price as it contin...
Looking to move? Arkansas will give you $10,000 in BTC to relocate there
The Northwest Arkansas Council announced that it will begin offering $10,000 in BTC to tech professionals and entrepreneurs looking to relocate to the region. This is part of the non-profit’s wider in...
Jack Dorsey creates a fund supporting BTC developers in legal battles
Jack Dorsey, the Former Twitter boss, announced a fund to support BTC developers. Support includes paying legal bills, developing trial strategies, and finding and retaining a lawyer. In response to t...
Jack Dorsey proposes the creation of a legal defense fund for BTC developers
Jack Dorsey, the CEO of Block, has announced plans to form Bitcoin Legal Defense Fund, a non-profit organization that would offer Bitcoin developers legal protection. Dorsey suggested this idea throug...
Here’s a Pair of Altcoins That Rallied Over 100% in Less Than Two Days While BTC and ETH Traded Sideways
Two altcoins have quietly pulled off massive rallies, doubling in price while Bitcoin and the broader crypto markets traded sideways over the last week. Ion is the utility token for Osmosis, a cross-c...
SEBA Bank CEO says BTC could surpass its ATH and peak at $75K this year
Guido Buehler, the CEO of Swiss-based SEBA Bank AG, believes Bitcoin (BTC/USD) could surge to a new all-time high (ATH) this year. He shared his prediction with a CNBC journalist during the Crypto Fin...
Bitcoin Aims For $48K? BTC Reacts Upward To U.S. Inflation Report
Bitcoin has seen some relief in the past couple of days with a 4.5% profit in 24-hours. The first crypto by market cap trades at $42,947, after climbing back from the lows at around $39,000. BTC trend...
BTC, ETH and XRP Price Analysis for January 12
Denys Serhiichuk Have the main coins accumulated enough power for continued mid-term growth? Bulls might have seized the initiative as all coins from the top 10 list have come back to the green zone. ...
BTC/USD Extends Recent Comeback Higher: Sally Ho’s Technical Analysis 13 January 2021 BTC
Bitcoin (BTC/USD) extended its recent comeback higher early in today’s Asian session as the pair appreciated to the 44147.63 level, representing a test of the 50% retracement of the depreciating range...
Did BTC Find a Local Bottom Following Today’s Bounce?
Following a bloody start to the new year of 2022, including a dip below $40K, Bitcoin finally sees some green. This analysis will determine if a local bottom was found and some relief to the bulls. Op...
Bitcoin Price Analysis: BTC spikes to $44,000, reversal incoming?
TL;DR Breakdown Bitcoin price analysis is bearish today. Previous resistance at $42,500 was broken yesterday. BTC/USD has reached $44,000 resistance. Bitcoin price analysis is bearish today as we expe...
Jack Dorsey launches the Bitcoin Legal Defense Fund for BTC developers
Jack Dorsey, the former CEO of Twitter, has been one of the most vocal advocates for Bitcoin. After leaving Twitter, Dorsey is now focused on a wide range of initiatives surrounding Bitcoin, with the ...
Companies in Iran can now use Bitcoin (BTC) for International Trade
The Central Bank of Iran (CBI) plans to allow cryptocurrencies to be used for international trade in the Middle Eastern country. According to a local report, the CBI has reached an agreement with the ...
Crypto Strategist Justin Bennett Says Bitcoin (BTC) Bounce Imminent – Here Are His Targets
A popular crypto strategist and trader is predicting a sizeable rally for Bitcoin (BTC) as bulls try to maintain support around the $40,000 area. Justin Bennett tells his 96,800 Twitter followers that...
Here Are Potential Bottoms for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), And Cardano (ADA)
While bitcoin Price hit a six-day high at $43,000, most altcoins showed impressive gains on a daily scale. ETH gained a pace above $3,150 and briefly spiked above $3,250. XRP was able to gain strength...
Cash App integrates Bitcoin Lightning Network for faster BTC transfers
Popular mobile payment service Cash App has integrated the Bitcoin (BTC) Lightning Network as a part of an update, allowing faster and cheaper BTC transfers using the Layer 2 (L2) payment protocol. C...
Will Bitcoin Bulls Bypass the Death-Cross? Know Whether BTC Price Will Hit $47k First or $38k!
Bitcoin price reveals that it wants to build up shorts, to confirm an upward move. But on-chain metrics ascertain that its path does harbor some hindrances. The flagship asset could be headed to local...
Bitcoin (BTC) Reclaims Dec 4 Lows and Approaches Descending Channel Resistance
Bitcoin (BTC) has nearly reached the resistance line of its short-term pattern. Whether it breaks out or gets rejected will likely determine the direction of the short-term trend. Bitcoin has been fal...
Small Bitcoin Miner Beats the Odds and Gets 6.25 BTC Reward
In what can be described as an uncommon scenario, a small bitcoin miner got the block reward of 6.25 BTC. An individual with computing power of just 126 terahashes per second (TH/s). The solo miner, e...
Bitcoin Price Analysis: BTC Eyes Fresh Rally above $44K
Bitcoin price started a fresh decline from the $45,000 zone against the US Dollar. The price is now trading below $44,000 and the 55 simple moving average (4-hours). There is a major bearish trend lin...
Bitcoin Death Cross Haunting Investors, Will BTC Make or Break?
It has been a pretty rough start this year for Bitcoin 2022 as the BTC price corrected more than 10% in the first 12 days of January. On the technical chart, Bitcoin is approaching the death cross pat...
The 500 BTC Blind Trust to Foster Bitcoin Adoption, Btrust, Announces First Steps
It’s time for the Btrust to start making moves. And they did so by announcing their “to-do list” and “high level goals.” A month ago, Block CEO Jack Dorsey and rapper and entrepreneur Jay-Z announced ...
Bitcoin Miners Resolve to Heavy Accumulation, Here’s Why $40K Is Strong Support for BTC
After a poor start to 2022, the world’s largest cryptocurrency Bitcoin is finally showing some green shoots over the last two days. Well, thanks to the heavy miner accumulation that has taken place ov...
Key on-chain metric shows Bitcoin miners in ‘massive’ BTC accumulation mode
New data shows that Bitcoin (BTC) miners are hoarding more coins than at any time in the past five months, which could be a fresh signal that the current prices are not for selling. Analyzing its mine...