Telecom Giant and T-Mobile Parent Deutsche Telekom Plans to Mine Bitcoin
[Jun 17 11:17 AM] The company revealed that its also running Bitcoin and Lightning network nodes.
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Bitcoin Mining Cost At $86,700: Price To Surpass This Soon?
[Jun 17 10:30 AM] Data suggests the average cost of mining Bitcoin is standing around $86,700 right now. Here’s what history suggests could happen next for BTC. Bitcoin Average Mining Cost Is Currently Notably Higher Than The Price In a new post on X, analyst…
BTC price risks $62K dip as Bitcoin sellers return to exchanges
[Jun 17 9:36 AM] Bitcoin exchange inflows increase with little relief in sight for those eyeing a BTC price renaissance.
Bitcoin’s New Normal: Prices Over Five-Digits for 28% of Its Lifetime
[Jun 17 9:35 AM] Over the past week, bitcoin has declined by 4% against the U.S. dollar from June 9 to June 16, 2024, yet it has surged over 152% in the past year. This year, bitcoin has maintained a position above the $60,000 mark for a record-setting 107 days so…
Crypto Economy Shrinks, Over 3 Dozen Coins Record Double-Digit Losses
[Jun 17 8:35 AM] While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling 4.4%, roughly six crypto tokens managed to stand out over the past week. Weekly Crypto Report: Bitcoin and Ethereum Drop, Numerous Tokens See…
Metrics Signal Bitcoin Price Increase – But When Is Anyone’s Guess
[Jun 17 7:30 AM] Bitcoin has been on a bumpy ride in recent days. The world’s most popular cryptocurrency has seen its price steadily decline, raising concerns about a prolonged bear market. However, beneath the surface, some analysts are detecting faint…
Bitcoin Technical Analysis: BTC Endures Persistent Downward Trend Amid High Volatility
[Jun 17 6:42 AM] As of June 17, 2024, Bitcoin is trading at $65,805, with a 24-hour intraday range between $65,518 and $66,992. The cryptocurrency market is displaying notable volatility, as evidenced by significant trading volume and fluctuating price levels…
First Mover Americas: Crypto Majors Subdued After Fed's Hawkish Stance
[Jun 17 6:21 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
U.S.-Listed Bitcoin Miners Reached Record Total Market Cap of $22.8B in June: JPMorgan
[Jun 17 4:40 AM] Mining stocks outperformed bitcoin in the first half of the month as investors reacted positively to news of Core Scientific’s AI deal with CoreWeave, the report said.
$66K BTC price now ‘critical’ — 5 things to know in Bitcoin this week
[Jun 17 2:01 AM] Bitcoin flirts with the lower end of the stubborn BTC price trading range as traders strain to see signs of change.
Bitcoin Price Faces Crucial Test: Here’s What At Stake This Week
[Jun 17 1:30 AM] As Bitcoin enters a pivotal week, market participants are closely monitoring several key indicators and events that could determine its near-term trajectory. Renowned crypto analyst Ted (@tedtalksmacro) has provided an in-depth analysis…
Bitcoin Price Decline Continues: Lower Targets in Sight
[Jun 16 10:28 PM] Bitcoin price started another decline from the $66,850 resistance zone. BTC is again moving lower and might even decline below the $65,500 support zone. Bitcoin failed to climb above $67,000 and started another decline. The price is trading below…
ETH, TON, UNI, and XMR could rally if Bitcoin clears $68,000
[Jun 16 9:27 AM] Bitcoin price needs to rise above $68,000 to sustain buying in ETH, TON, UNI, and XMR.
Robert Kiyosaki Frustrated by ‘Lame Excuses’ to Avoid Buying Bitcoin – Foresees Significant Price Rise
Bernstein Analysts Revise Bitcoin Target, $200,000 And $1 Million Become Main Focus
[Jun 15 5:00 PM] Bernstein analysts Gautam Chhugani and Mahika Sapra recently revised their price targets for Bitcoin in their latest market report, which also initiated coverage on MicroStrategy. These analysts also outlined factors that they believe could…
LEAKED: Biden Admin to Attend Bitcoin Roundtable With Key Congressional Officials in DC
[Jun 15 2:52 PM] U.S. Congressman Ro Khanna, representing California's 17th congressional district, is set to host a Bitcoin and blockchain roundtable in Washington D.C. in early July, according to a private email sent by Khanna's Office, seen by…
Analyst Pinpoints Critical Support Zone For Bitcoin
[Jun 15 12:00 PM] According to data from CoinMarketCap, Bitcoin has had an unimpressive week with its market price falling by 4.65% over the last seven days. However, prominent crypto analyst Ali Martinez has released a price alert indicating that the market leader…
NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%
[Jun 15 9:04 AM] Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of gains. Despite a 76.7% drop in the number of buyers, blockchain-issued digital collectibles achieved $141.73 million…
Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold
[Jun 15 5:30 AM] Bitcoin has faced a significant amount of selling pressure over the past week, according to the latest on-chain data. Expectedly, this bearish pressure has had a notable impact on the price of the premier cryptocurrency. According to data from…
Bitcoin bounces at 1-month lows — Watch these BTC price levels next
[Jun 15 3:59 AM] Bitcoin hodlers’ realized price levels are the ones to watch if established support at $65,000 fails to hold, says the latest BTC price analysis.
Analysts Predict BTC Hitting $200,000 Next Year and $1 Million by 2033 — ‘We Believe Bitcoin Is in a New Bull Cycle’
Bitcoin Crashes To $65,000, Expert Unpacks Drivers Of Crypto Market Bloodbath
[Jun 14 10:00 PM] The cryptocurrency market has been experiencing a significant downturn, with Bitcoin leading the way by retracing to the $65,000 mark after failing to retest its all-time high of $73,700 reached in March. Market expert Michael van de Poppe has…
Quiet Summer Ahead For Bitcoin, But Ethereum Holds Potential for Surprise — QCP Capital
[Jun 14 9:00 PM] According to the latest report by QCP Capital, options data reveals a plunge in trading volatility, particularly for Bitcoin, meaning cryptocurrency traders could be in for a tamer summer. The research firm, which is well known for spotting new…
Bitcoin FOMO: Social Media Users Calling To Buy Sub-$66,000 Dip
[Jun 14 7:00 PM] Data shows that traders on social media have been calling to buy during the latest Bitcoin dip below $66,000, a sign that FOMO is active in the market. Bitcoin Investors Are Displaying FOMO After The Recent Decline As the analytics firm Santiment…
Legendary Trader Warns: Bitcoin Could Plunge Below $50,000 If These Key Levels Break
[Jun 14 6:00 PM] Renowned trader Peter Brandt recently provided insights on the Bitcoin price potential market movements, projecting a challenging period followed by a significant rally. This analysis comes as Bitcoin’s current trading behavior exhibits signs…
El Salvador Views Bitcoin as a Tool to Liberate the Nation From Fiat Currencies
[Jun 14 5:36 PM] Felix Ulloa, Vice-President of El Salvador, stated that the government has considered de-dollarizing the country and returning to its national currency, the colon. However, he said that it would be too costly. For Ulloa, bitcoin presents an…
Mining execs establish organization to influence US crypto voters
[Jun 14 3:54 PM] A board member of the Bitcoin Voter Project described the group as nonpartisan and planned to take a different approach than initiatives like Stand With Crypto.
Ethereum HODLers Scoop 298,000 ETH In 24 Ahead Of Spot ETF Trading
[Jun 14 3:00 PM] Ethereum is under pressure at press time, tumbling roughly 15% from March 2024. As sellers press on, reversing all gains posted from May 20, on-chain data points to a bullish picture. Ethereum HODLers Scoop 298,000 ETH In 24 Hours Taking to X, one…
Ryze Labs Weighs In: Fed’s Stance on Interest Rates and Its Impact on Market Dynamics
[Jun 14 12:36 PM] Following the release of lower-than-anticipated CPI data on June 12, U.S. equities climbed to record highs, with bitcoin exceeding $70,000. However, Ryze Labs, a venture capital firm investing in blockchain and Web3 projects worldwide, particularly…
3 reasons why Bitcoin analysts believe BTC price recovery is overdue
[Jun 14 12:30 PM] Bitcoin price data strongly suggests that the current BTC price correction is a buy-the-dip opportunity.