Digital currency ecosystem company BTCS, a pioneer in the blockchain and digital currency ecosystem, announced the addition of blockchain-based game Axie Infinity to its blockchain infrastructure oper...
Tag: BTCs
Bitcoin Needs to Reclaim $36K to Invalidate the Bearish Thesis, BTC’s Correlation with S&P 500 Hits ATH
Bitcoin (BTC) recently hit a 10-month low of $29K as more liquidation engulfed the market. Market analyst Ali Martinez believes a bearish picture is being painted in the BTC market because it has brok...
Bitcoin: How BTC’s recent crash has aggravated its chances of touching $20k
Bitcoin price has continued its descent after breaching an extremely bearish continuation pattern. The recent sell-off seems to be happening after the FOMC meeting and suggests that is mainly driven b...
Riot Blockchain Mined 508 BTCs, Increased 150% in April
Riot Blockchain, Inc, a Colorado-based Bitcoin mining company, announced Tuesday that its Bitcoin production and mining operations have surged in April. Riot said that it produced 508 Bitcoins last mo...
Is BTC’s Price Even Predictable?
Cryptocurrencies have been in the spotlight long enough for people to understand that their prices are highly volatile. All digital coins, whether major or marginal, have been subjected to wild price ...
Bullish on Bitcoin – Glassnode Pointed To Positive Changes in BTC’s Fundamental Metrics » NullTX
With the decline in activity in the bitcoin derivatives market, there is a formation of constructive medium- and long-term trends. These are the conclusions made by analysts of Glassnode. Over the pas...
Digital Currency Ecosystems Company BTCS Inc. Adds Ethereum Layer 2 Sidechain Polygon
An early mover in the blockchain and digital currency ecosystems BTCS Inc. announced the addition of Layer 2 Proof-of-Stake (PoS) sidechain Polygon (“MATIC”) to its blockchain infrastructure operation...
Decoding BTC’s value zone concentrated between the $35k to $42k range
After three consecutive weeks of a downtrend, Bitcoin began this week on a positive note with intraday prices testing the $40k mark. Indeed, BTC was able to surpass this level successfully as it trade...
Bitcoin: A new kind of ‘low’ after BTC’s correlation with tech stock hits fever pitch
After days of clinging to the $40k mark for dear life, it appears that Bitcoin is finally making a recovery. As if on cue, most of the top 30 cryptos also found their way into greener pastures. At pre...
With Bitcoin under $40k, indications seem to say this about BTC’s future
In the last 24 hours, the cryptocurrency market has recorded a liquidation of over $200m. Likewise, Bitcoin has breached the critical support level of $40,000 and has now embarked on a downward trend ...
Bitcoin: Is there a case for ‘speculating’ on BTC’s fundamentals
The OG cryptocurrency, Bitcoin, has been a source of sorrow for many in 2022. Since the beginning of the year, it has been stuck in a range, peaking at around $48,000. Back in November 2021 – cryptos ...
Will the US Dollar Decide Bitcoin’s Next Move? Analyst Benjamin Cowen Looks at BTC’s Connection to USD
Popular crypto analyst Benjamin Cowen says Bitcoin (BTC) traders should pay close attention to the US dollar index (DXY). In a new YouTube update, Cowen tells his 725,000 subscribers that bullishness ...
BNB holds above $415 amid BTC’s retreat to $40,140
TL;DR Breakdown Binance Coin price analysis shows a positive market sentiment BNB is facing resistance at the $420.34 level The key support level lies at $406.64 Cryptocurrencies prices heatmap, sourc...
Bitcoin: Assessing the true soundness of BTC’s market structure
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin has recorded losses of 16% in sixteen days. The market app...
Bitcoin taking a breather: Here’s why BTC’s recent dip isn’t ominous
The cryptocurrency market’s flagship coin, Bitcoin has definitely seen better days. Its tragic fall from the beginning of November 2021, after hitting its all-time-high just above $69k to the beginnin...
Peter Thiel calls out BTC’s “enemies” at Bitcoin 2022 in Miami
Paypal co-founder and billionaire venture capitalist Peter Thiel launched a scathing attack on the enemies of Bitcoin at the Bitcoin 2022 Conference. He used his keynote address at Bitcoin Miami to ch...
Riot Blockchain mined 511 BTCs in March –
Riot currently holds 6,062 bitcoins Riot also sold 200 bitcoin during March at an average price of $47,090 Riot’s stock price fell 7% during the regular session Bitcoin digger Riot Blockchain (RIOT) ...
Bitcoin price drops to $43.5K, but data and BTC’s market structure project strength
Bitcoin (BTC) has been struggling to break the $47,000 resistance and even with April 6’s drop below $44,000, there is still mounting evidence that the market structure is healthy. On Dec. 3, 2021, B...
Signs of Bitcoin accumulation suggest BTC’s dip to $45K will be short-lived
The cryptocurrency market rally that began on April 1 ran into tough resistance on April 4, sparking a market-wide pullback during the afternoon session after exhausted bulls were overwhelmed by bears...
BitNile Mines 31.7 BTCs in March as Miner Count Doubles
BitNile Holdings, a diversified holding company, says it mined 31.7 bitcoins last month and has self-mined a total of 132.6 bitcoins (BTC), the world’s largest cryptocurrency by market capitaliz...
With Over 90% of BTC’s Supply Issued, Bitcoin’s Mining Difficulty Reaches a Lifetime High – Mining Bitcoin News
Bitcoin’s mining difficulty increased this week on March 31, 2022, at block height 729,792 for the first time since February 17. The network’s difficulty jumped 4.31% higher bringing the metric to a l...
As Bitcoin’s Hashrate Remains Elevated, BTC’s Mining Difficulty Expected to Reach a Lifetime High – Mining Bitcoin News
During the last month, Bitcoin’s hashrate has been coasting along above the 200 exahash per second (EH/s) zone, minus a number of drops here and there above and below that range. Following two difficu...
Analyzing the Bitcoin mining industry panorama following BTC’s price drop
Crypto markets have experienced highly volatile months, even by crypto’s standards. The year began with rising inflation shortly followed by the Russian and Ukraine war, causing Bitcoin’s price to ret...
No Reason Why BTC’s Price Momentum Should Flaten, BTC Price Can Hit $50,000 By March’s End Says deVere’s Green
The CEO of deVere Group, Nigel Green, predicted the price of the flagship cryptocurrency, Bitcoin, could hit the mark of $50,000 by this month’s end. The CEO says he sees no reason why Bitcoin’s pric...
Mark Mobius: Russia Is Causing BTC’s Price Spike
Mark Mobius, a veteran investor, claimed in a recent interview that traders can thank Russia for the sudden bitcoin price booms they’ve been witnessing. Mark Mobius On Russia and Bitcoin Mobius explai...
Analyzing BTC’s bearish and bullish price action for the week ahead
Earlier this week, the Bitcoin (BTC) price rallied to $44,000 levels amid sanctions reports. But, the cryptocurrency market slumped again as new development from the Ukrainian conflict came in. At pre...
Here’s What’s Next for Bitcoin After BTC’s Rally Past $40,000, According to Crypto Strategist
A closely followed crypto analyst is mapping out what’s ahead for Bitcoin (BTC) after the leading cryptocurrency skyrocketed past the $40,000 price level. In a new strategy session, pseudonymous analy...
El Salvador’s Tourism Sector Up 30% Since BTC’s Adoption
El Salvador’s decision to make bitcoin an official payment method inside the nation’s borders has positively affected the local tourism industry, said the country’s Minister of Tourism. Since then, th...
Fidelity’s Macro Analyst Plots Path Forward for Bitcoin, Says BTC’s Choppy Movements Are Mostly ‘Noise’
The global macro director of Fidelity Investments, Jurrien Timmer, is optimistic about Bitcoin’s (BTC) price growth over the long term. The executive of the financial services titan tells his 99,100 T...
Following BTC’s Surge Above $41K, What’s the Next Target?
The recent unexpected price action in the market has led to some positive changes in the sentiment. However, there are many analysts that remained skeptical because of the uncertainty at the macro lev...