Bitcoin Halts at $41K as Traders Eye Fed Rate Decision; AVAX Flips Dogecoin as Altcoins Jump
[Dec 12, 2023 3:43 PM] Bitcoin remained steady around $41,000 after Monday's dramatic flush.
216 / 390 Relevant items tagged with #BITCOIN
Posts: 11,674
Posts
Bitcoin Rushes To Exchanges, But This Sign Remains Positive For The Bulls
[Dec 12, 2023 1:30 PM] On-chain data shows an increasing trend of Bitcoin moving to exchanges, a typical bearish sign, but another signal still remains optimistic for the bulls. Bitcoin Exchange Inflows Are Up, But So Are USDT Deposits According to data from the on-chain…
Inscriptions: The Cure Is Worse Than The Disease
[Dec 12, 2023 12:00 PM] Ever since the infamous Taproot Wizard 4mb block bitcoiners have been alight, fighting to try and stop inscriptions. Inscriptions are definitely not good for bitcoin, but how bitcoiners are trying to stop them will be far worse than any damage…
Bitcoin Speed Bump: A Week’s Surge Crumbles In Just 20 Minutes
[Dec 12, 2023 10:30 AM] After hitting $43,000 last week, Bitcoin traded just below it over the weekend. But the price of the cryptocurrency dropped significantly on Tuesday, reaching $41,800. Following Bitcoin’s December surge, investors chose to take profits, which…
Bitcoin’s Difficulty Drops for First Time Since September
[Dec 12, 2023 10:30 AM] The latest figures reveal that on Dec. 9, 2023, at block height 820,512, Bitcoin experienced a 0.96% decrease in its difficulty rating. This decline marks the first since Sept. 19, 2023, interrupting a streak of six successive difficulty hikes…
Cardano (ADA) 50% Rally Sets Stage For A Merry Christmas – Details
[Dec 12, 2023 9:00 AM] Cardano saw a sharp increase in market value, shooting up to a high of $0.61 today, to the delight of traders and investors, in light of the cryptocurrency’s past price fluctuations. People in the trading community are talking more about…
Bit Origin Secures $6.74 Million for New Bitcoin Mining Facility in Wyoming
[Dec 12, 2023 8:30 AM] Bitcoin mining firm Bit Origin has announced that the company has secured a $6.74 million investment to build a new mining facility in Cheyenne, Wyoming. The data center will be a new 25-megawatt (MW) site that aims to accommodate between 4,480 to…
The Volatility Of Nigerian Real Estate, And Why Bitcoin Makes More Sense
[Dec 12, 2023 8:30 AM] I’ll start by making a statement that is probably already known to many, especially bitcoiners: money is a form of energy. We expend energy to do work. Then, an agreed-upon form of remuneration that is commensurate with the amount of work put in is…
'Take some rest and GO' — Bitcoin price copies 2020 bull run fractal
[Dec 12, 2023 8:26 AM] Bitcoin is nowhere near done with its bull market, should a chart fractal from several years ago continue to play out.
U.S. CPI Inflation Trended Lower in November, Rising 3.1% From a Year Ago
[Dec 12, 2023 7:41 AM] This morning's inflation data
First Mover Americas: Binance’s Waning Market Share
[Dec 12, 2023 7:12 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto Expert Explains Why The Bitcoin Price Crash To $40,000 Is Not A Bad Thing
[Dec 12, 2023 3:45 AM] A crypto expert has explained why a Bitcoin pullback (possibly to around $40,000) isn’t a bad thing. This comes as there is a growing concern that the flagship cryptocurrency could soon lose all the gains it has achieved in recent times. A Bitcoin…
Buy the dip, sell the rip? BTC price levels to watch as Bitcoin taps $42K
[Dec 12, 2023 2:55 AM] Bitcoin preserves $40,000 as support and bounces higher as traders eye the impact of “institutional sized” moves on BTC price.
Jailed Mastermind of South African Bitcoin Scam Reportedly Getting Preferential Treatment in Brazilian Prison
[Dec 12, 2023 2:00 AM] Johann Steynberg, the imprisoned CEO of Mirror Trading International, a South African Bitcoin scam entity, is allegedly receiving preferential treatment in a Brazilian prison. The General Directorate of Penitentiary Administration (DGAP) has…
Bitcoin Price Holds Key Support, Can Bulls Overcome This Key Hurdle?
[Dec 11, 2023 9:46 PM] Bitcoin price dived again and retested the $40,000 support zone. BTC is rising, but it must clear $42,350 to move into a positive zone. Bitcoin is attempting a fresh increase from the $40,000 support zone. The price is trading below $43,600 and the…
World’s First Bitcoin Bonds Receive Regulatory Approval in El Salvador
[Dec 11, 2023 9:36 PM] The bonds are expected to launch in Q1 of 2024, several posts amplified on social platform X by President Nayib Bukele suggest.
Bitcoin “Washout” Completed, BTC Ready For $48,000—And Higher
Bitcoin, Ether Drop Spurs $500M in Liquidations, But BTC Entering “Never Seen Before” Era
[Dec 11, 2023 8:22 PM] “Due to the rise of Ordinals and Bitcoin L2s, there are reasons to be bullish on the Bitcoin ecosystem. We are entering an era of Bitcoin that we have never seen before,” one market watcher told CoinDesk.
Crypto Market Crashes: Traders React With “Buy The Dip” Calls
Market Jolt: Bitcoin Falls Below $42,000 As Short Term Holders Rush To Cash In
[Dec 11, 2023 7:00 PM] Bitcoin is currently witnessing a decline in price, with its value dropping below the $42,000 mark. This movement comes on the heels of a significant uptick in the circulating supply of profitable Bitcoin, prompting a wave of profit-taking among…
Crypto Sentiment Index Stays Bullish Despite Corrections, Report Reveals Positive Outlook
Bitcoin Vulnerability Discovered By A Developer Has Been Flagged By The US Government
[Dec 11, 2023 5:00 PM] Last week, a Bitcoin developer Luke Dashjr raised alarm about a possible vulnerability in the network in relation to the Bitcoin Ordinals that could lead to a code exploit. After posting his findings to social media, Dashjr’s warnings were…
Galaxy Digital CEO Expresses Bullish Sentiment On XRP
[Dec 11, 2023 4:00 PM] Galaxy Digital Chief Executive Officer Mike Novogratz has shared his recent optimistic view on XRP, its army, and Ripple, asserting that he was wrong about his earlier skepticism towards them. Related Reading: Analyst Places XRP As The Top Coin For…
Bitcoin price sell-off continues, but data highlights need for healthy correction
[Dec 11, 2023 3:56 PM] Bitcoin price opened the week with a sharp sell-off, but on-chain and technical data points to a much-needed cooling-off period.
Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts
[Dec 11, 2023 3:40 PM] Bitcoin endured its worst daily drawdowns in 4 months, dipping over 7% to nearly $40,000. $XRP, $LINK, $ADA declined 8%-10%.
Explaining Bitcoin’s ‘Flash Crash’
[Dec 11, 2023 3:03 PM] The cryptocurrency's volatility cuts both ways.
Bitcoin Price In Turmoil: Major Events That Could Affect Price This Week
[Dec 11, 2023 2:00 PM] The flagship cryptocurrency, Bitcoin, is currently flying high on the back of potential approval of the pending Spot Bitcoin ETF applications in January. However, this upward trend could cool off as this prominent crypto analysis platform outlined…
US Senator Elizabeth Warren Introduces Bill To "Crack Down" on Bitcoin And Crypto
[Dec 11, 2023 1:00 PM] Today, US Senator Elizabeth Warren introduced legislation to address her concerns surrounding the alleged misuse of digital currencies in illicit activities, citing money laundering, drug trafficking, sanctions evasion, and more.The bill, supported…
Price analysis 12/11: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX
[Dec 11, 2023 1:00 PM] Bitcoin’s sharp correction surprised investors, but is it a sign that further downside is in store?
It’s Not Just Electricity And Water — Bitcoin Mines Use A Lot Of Air, Too
[Dec 11, 2023 11:30 AM] This piece is an entirely and deeply serious parody. Bitcoin mines aren’t just thirsty, it turns out they’re starving for air, too. The air consumption tied to a single Bitcoin transaction, on average, could be enough for a DINK couple to…