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PortuguêsBitcoin has now broken down past $38,000 for the first time in over four months. This is a crucial point for the digital asset given that it has successfully maintained…
Continue ReadingProof-of-work bitcoin mining should be banned, according to the vice chair of the European Securities and Markets Authority. Erik Thedéen suggested that European authorities explore prohibiting proof-of-work mining in favor…
Continue ReadingBitcoin has sharply declined in the past month which has dragged it down to the $40K price point. The digital asset’s downtrend had then promptly dragged their metrics like implied…
Continue ReadingMike McGlone, senior commodity strategist at Bloomberg, is convinced that Bitcoin’s transition to digital gold will propel it to new all-time highs in 2022. Bloomberg analyst Mike McGlone is convinced…
Continue ReadingDespite last week’s institutional Bitcoin outflows of $55 million, negative sentiment could be on the wane. While key Bitcoin (BTC) metrics don’t paint a pretty picture, the bears could be running…
Continue ReadingThe realized market capitalization of bitcoin, or aggregate price paid for every coin on the network, increased by $87 billion since last August. The below is from a recent edition…
Continue ReadingBitcoin continues to struggle below $42,000 as extreme fear grips the crypto market and analysts hint at a drop to $38,000. The cryptocurrency market faced another day of weakness on…
Continue ReadingChivo, El Salvador’s official Bitcoin wallet, has managed to onboard 70% of the unbanked population in El Salvador, partner says. El Salvador, the first country to make Bitcoin (BTC) a…
Continue ReadingThe Initial Public Offering (IPO) for Texas-based Bitcoin miner Rhodium Enterprises is another feather in the cap for the Bitcoin-friendly southern State. The first IPO for the crypto industry in…
Continue ReadingThe U.S. CPI for December was released and this month could see peak dollar inflation. How will the bitcoin price reflect that? The below is from a recent edition of…
Continue ReadingIn a jampacked report on digital assets, Fidelity asset management theorizes that miner movements indicate the Bitcoin cycle has a lot more room to run. Fidelity Digital Assets — the…
Continue Reading“We believe the price is going up. Our internal valuation models put the price per BTC right now of between 50,000 to 75,000,” says Guido Buehler, CEO of Seba Bank.…
Continue Reading3 key Bitcoin price indicators suggest that the $40,000 level will hold as support throughout 2022. A painful retracement in the Bitcoin (BTC) market earlier this week sent the price…
Continue ReadingThe United States Consumer Price Index data shows that inflation hit 7% in December 2021, climbing 0.5% month over month. Bitcoin almost reached $44,000 upon the news. The latest figures…
Continue ReadingPublicly-traded bitcoin miner Marathon Digital has seen its share price tumble along with bitcoin. So, does that make it a good buy? Bitcoin’s price has come down from all-time highs…
Continue ReadingBTC bulls seem to believe the bounce off $39,650 marked the bottom, but bears warn that a looming death cross on the daily chart is a sign of further downside.…
Continue ReadingThe price of bitcoin continues to struggle and investors look towards various indicators to know when the price of the digital asset would begin to correct once again. While some…
Continue ReadingJPMorgan and Chase call for calm in the crypto market. In a recent client survey, just 5% believe Bitcoin will hit $100,000 by year-end. One of the world’s largest investment…
Continue ReadingBTC’s abrupt drop to $39,650 came after the Federal Reserve floated the prospect of a fourth rate hike in 2022. Global financial markets, stocks and cryptocurrencies took a knock on…
Continue ReadingAccording to Nayib Bukele, should the power consumption of the country’s planned Bitcoin City exceed the volcano’s capacity, geothermal energy can be sourced from other sites. El Salvador President Nayib…
Continue ReadingBitcoin has been on a downward streak since the last quarter of 2021, and this has spilled into the new year. As January goes into full bloom, it has come…
Continue Reading“Our guiding company strategy at Bitfarms is to accumulate the most Bitcoin for the lowest cost and in the fastest amount of time for the benefit of our shareholders,” said…
Continue ReadingInvestor Bill Miller is betting big on Bitcoin, allocating 50% of his personal net worth to BTC and related equity. Investor Bill Miller is bullish on Bitcoin (BTC) despite the…
Continue ReadingBitcoin‘s drop in the first ten days of 2022 is still less disappointing than some of its top crypto rivals that have fallen much harder. The cost to purchase one…
Continue ReadingThe warning appears against the U.S. Federal Reserve’s intention to tighten its asset purchasing program rapidly, followed by three rate hikes in 2022. Bitcoin (BTC) may end up falling to…
Continue ReadingWhile recent bearish crossovers between Bitcoin‘s 50-day and 200-day exponential moving averages failed to push prices lower, this time could be different. Bitcoin (BTC) formed a trading pattern on Jan.…
Continue ReadingIn a dramatic week for Bitcoin price action, traders are keen to capitalize, hitting a new all-time high for the leverage ratio. The estimated leverage ratio for Bitcoin (BTC) hit…
Continue ReadingPanic sellers, hold your horses because dips are still for buying, according to data from Santiment behavior analysis. Over the past seven days, the top trending words on cryptocurrency social…
Continue ReadingThe FOMC minutes on Wednesday revealed that policymakers intend to step up their fight against inflation in 2022. The Federal Reserve’s signaling for tighter monetary policy in 2022 could provide…
Continue ReadingPrices of $42,000 per Bitcoin were more than enough ammunition for well-known Bitcoin bears to reload. As the Bitcoin (BTC) price slides to 2022 lows, the Bitcoin bears have come…
Continue Reading“I think there’s a reasonable chance of this being a $250 trillion asset class, which is 100x from here,” said Raoul Pal. Former Goldman Sachs hedge fund manager and Real…
Continue ReadingBitcoin price slipped below $44,000 shortly after notes from the Federal Reserve’s December FOMC session re-confirmed plans to get the balance sheet under control. Bitcoin (BTC) and the wider cryptocurrency…
Continue ReadingThe co-founder and managing partner of Nexo, a major cryptocurrency lender, has predicted that the price of bitcoin will be $100K by mid-2022. He highlighted “two simple reasons” why he…
Continue ReadingDon’t write off Bitcoin, says Nexo co-founder Antoni Trenhcev. Every time you do, it significantly outperforms. Another promising price prediction has appeared for Bitcoin bulls in 2022. Antoni Trenchev, co-founder…
Continue ReadingA look back at 2021’s most important events and on-chain trends for bitcoin’s price action, as well as a brief look forward into 2022. Cycling On-Chain is a monthly column…
Continue ReadingBitcoin is not a bubble. It’s the monetary escape hatch we need now that the COVID-19 cat is out of the bag. I trained as a financial historian. My academic…
Continue ReadingBTC price retests the recent lows at $46,000 as institutions appear to be “selling for tax reasons” while $52,000 remains a major hurdle in the path higher. 2021 has been…
Continue ReadingData from Cointelegraph Markets Pro shows FXS, SXP and GNO posting double-digit gains as BTC bulls look to recover support at $47,500. Volatility is once again the major theme across…
Continue ReadingThe two cryptocurrencies look poised to end 2021 in double-digit percentage losses against Bitcoin. Bitcoin (BTC) looks set to beat its forked versions Bitcoin Cash (BCH) and Bitcoin SV (BSV)…
Continue ReadingThe company’s holdings are valued at roughly $5.9 billion, representing more than $2.1 billion in gains since its initial purchase in August 2020. Business intelligence firm MicroStrategy has added $94…
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