Here’s Why The Stablecoin And Binance FUD Might Be Overblown
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Bitcoin Large Transactions Explode, Whales Buying The Dip?
[Feb 13, 2023 6:30 AM] On-chain data shows Bitcoin whale transactions have exploded recently, suggesting that these investors may be looking to buy the dip in the price. Bitcoin Whale Transaction Count Has Shot Up In Recent Days According to data from the on-chain…
Bitcoin Death Cross Forms In The Weekly Chart, More Losses Expected?
First weekly death cross ever — 5 things to know in Bitcoin this week
[Feb 13, 2023 2:48 AM] Bitcoin price action is making history this week, but for all the wrong reasons, as the 2022 bear market still haunts the charts.
Bitcoin Price Holds Key Support But 100 SMA Is The Key To Recovery
[Feb 12, 2023 9:15 PM] Bitcoin price is consolidating above the $21,500 support. BTC could start a decent recovery if it clears the $22,000 resistance and the 100 hourly SMA. Bitcoin is struggling to start a recovery wave above the $22,000 resistance. The price is…
Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises
[Feb 12, 2023 3:00 PM] Since Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have been larger than they were prior to that block height in the past 12 days. Statistics show that blocks larger than 3 MB…
MATIC, HBAR, LDO and BIT gather strength as Bitcoin price rebounds
[Feb 12, 2023 2:25 PM] BTC price could remain range-bound in the near term, but MATIC, HBAR, LDO and BIT could continue higher.
Bitcoin Network Experiences Slight Dip in Difficulty After Record High
[Feb 12, 2023 9:00 AM] Bitcoin’s difficulty decreased 0.49% on Feb. 12, 2023, following a sustained all-time high of 39.35 trillion over the previous two weeks (2,016 blocks). The decrease in difficulty offers a brief respite for bitcoin miners, after the network…
IMF Says El Salvador Should Avoid Trading Bitcoin Bonds – Here’s Why
[Feb 12, 2023 8:05 AM] The International Monetary Fund (IMF) has warned El Salvador to avoid trading Bitcoin bonds due to the risks it poses for the economy. This latest development comes after increased regulations from the Central American country that promotes the…
Bitcoin price eyes $22K rebound with BTC market structure 'not yet broken'
[Feb 12, 2023 4:50 AM] Crypto sentiment is "hysterical" with Bitcoin under $22,000, but no major trend lines have been lost yet, one analyst argues.
IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed
[Feb 12, 2023 3:00 AM] According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use of…
Ordinal Inscriptions Take the NFT World by Storm: Over 50,000 Added to the Bitcoin Blockchain in 2023
[Feb 11, 2023 11:30 AM] As of Friday, Feb. 10, 2023, the Bitcoin blockchain had seen the addition of more than 50,000 Ordinal inscriptions as the trend has continued to increase daily. People are inscribing text, images, videos, audio, and software applications onto the…
Bitcoin miners as energy buyers, explained
[Feb 11, 2023 11:18 AM] Bitcoin miners as energy buyers utilize renewable energy sources and excess electricity offered by utility companies to fuel their mining operations.
Bitcoin is already in its ‘next bull market cycle’ — Pantera Capital
[Feb 11, 2023 7:17 AM] This cycle’s Bitcoin and altcoin lows are behind us, Pantera CEO Dan Morehead says as he looks to a “year of rebuilding trust.“
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500 Level to Start the Weekend
[Feb 11, 2023 7:06 AM] Ethereum neared a breakout below $1,500 to start the weekend, pushing prices closer to a one-month low. Overall sentiment remained mostly bearish, with the global cryptocurrency market cap trading 0.96% lower, as of writing. Bitcoin also edged…
Bitcoin NFT Ordinals Boosts Taproot Adoption By 1,000% In Q1 2023
[Feb 11, 2023 3:51 AM] The rise of Bitcoin NFT Ordinals is one of the fascinating developments on the leading blockchain in 2023. This has correlated with an increase in the adoption of Taproot to process transactions. Driving Taproot Adoption On The Bitcoin Network…
SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool
[Feb 10, 2023 2:13 PM] Kraken has put an end to staking as a service, and Coinbase could eventually be forced to follow suit. Will this create opportunities for LDO, FXS and RPL?
Bitcoin Price Outlook for February
[Feb 10, 2023 12:30 PM] February has been a rollercoaster ride for cryptocurrency traders, with market volatility leading to high levels of price uncertainty. Following a strong start to the month, bitcoin prices have since plunged, resulting in a current bear run…
Price analysis 2/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
[Feb 10, 2023 12:30 PM] The SEC’s crackdown on Kraken has sent a shockwave through the crypto sector. Is this week’s correction a buy the dip opportunity or a sign of worse things to come?
What is a coinbase transaction?
[Feb 10, 2023 9:50 AM] A coinbase transaction is the first transaction created in each new block, and it has key features that differentiate it from other transactions.
Bitcoin price faces key moving average showdown 3 weeks after breakout
[Feb 10, 2023 9:42 AM] The 200-day moving average is coming back to haunt BTC bulls after staying as resistance for over a year.
Bitcoin Bear Market Back Or Slight Correction? Here’s What’s Going On
[Feb 10, 2023 8:16 AM] Yesterday’s news that one of the largest US exchanges Kraken will have to pay a $30 million fine to the US Securities and Exchange Commission and shut down its crypto-staking product for US customers has caused a lot of uncertainty, including…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Sell-off Worsens
[Feb 10, 2023 7:30 AM] Bitcoin moved below $22,000 on Friday’s session, as sentiment in cryptocurrency markets remained bearish. Volatility in markets has risen in recent days, following comments from U.S. Fed Chair Jerome Powell, who hinted at ongoing rate hikes…
Bitcoin Declines Below $22,000 As Coinbase Deposits Rise
[Feb 10, 2023 7:30 AM] Bitcoin has declined below $22,000 in the past day as on-chain data shows deposits have risen on the crypto exchange Coinbase. Bitcoin Coinbase Exchange Reserve Has Risen Recently As pointed out by an analyst in a CryptoQuant post, the exchange…
Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs
[Feb 10, 2023 4:15 AM] Panic over regulatory enforcement sees Bitcoin and altcoins give up recent gains, costing long traders over a quarter of a billion dollars in a single day.
BTC miner CleanSpark on the hunt for further crypto miner fire sales
[Feb 9, 2023 9:50 PM] The mining firm is not fearful of the bear market and plans to “pick off infrastructure and assets at good deals” this year.
Bitcoin Price Prints Bearish Technical Pattern, Upsides Attractive To Bears
[Feb 9, 2023 9:19 PM] Bitcoin price declined over 5% and traded below $22,000. BTC is trading below $22,000 and remains at a risk of more losses towards the $21,200 support. Bitcoin is moving lower and trading below $22,200. The price is trading below $22,500 and the…
Bears Beware: Bitcoin To Enter “Bucking Bull” Phase
[Feb 9, 2023 5:46 PM] Bitcoin formed a historically bullish pattern when its 50-day moving average crossed above its 200-day moving average. According to an analyst from on-chain analytics firm Jarvis Labs, this pattern is known in the market as a golden cross and…
Coinkite Launches ‘Higher-End’ Coldcard Bitcoin Wallet With QR Code Scanner
[Feb 9, 2023 5:30 PM] The bitcoin hardware wallet manufacturer Coinkite has announced the launch of a new product, the Coldcard Q1, which features a QWERTY keyboard and QR code scanner. Coinkite details that the battery-powered device utilizes the same security model as…
Bitcoin price hits 2-week low amid warning $22.5K loss means fresh dip
[Feb 9, 2023 9:17 AM] Bitcoin may go “hard lower” if it fails to preserve the area around $22,500, market participants say.