456 / 464 Relevant items tagged with #Bitcoin
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Nobel Prize Laureate Paul Krugman Warns of an Eternal Winter for Blockchain
[Dec 4, 2022 4:00 AM] Nobel Prize-winning economist Paul Krugman has warned about the possibility of a perennial winter for blockchain projects, including crypto. In a recent article published in the New York Times (NYT), the economist criticizes blockchain as a tech…
XRP Price Poised For A 13% Leap – If It Keeps Steady On This Route
[Dec 4, 2022 2:49 AM] XRP, the 7th largest cryptocurrency with more than $19.74 billion market capitalization, appears to be poised for a healthy surge. Unfortunately for traders, investors or prospective buyers of the crypto asset, this upward movement will be…
Russian Miners Buy More Bitcoin Mining Rigs In Q4: Report
[Dec 3, 2022 11:49 PM] Bitcoin and the entire crypto market bleed due to many challenges that have befallen the industry. From the Terra crash and continuous interest rate hikes to FTX implosion, the market hasn’t enjoyed a whole month of positive price trend. As…
Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware
[Dec 3, 2022 11:00 PM] Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price tags. Russian experts also predict an increase in the supply of used coin minting…
Applied Direct Response — ERCOT Study Shows Bitcoin Mining Is Beneficial to the Texas Grid
[Dec 3, 2022 2:30 PM] On Nov. 29, 2022, The Electric Reliability Council of Texas (ERCOT) published a report on seasonal assessment and resource adequacy for the ERCOT region. ERCOT’s study indicates that bitcoin mining operations are flexible operations that can be…
How to buy food with Bitcoin?
[Dec 3, 2022 1:03 PM] Users can pay bills with cryptocurrency directly from their crypto wallet or using a payment processor acting as an online crypto payment gateway.
An Unknown Individual Signed a Message Associated With BTC Block 1,018, Reward Was Minted 16 Days After Satoshi Launched Bitcoin
[Dec 3, 2022 12:30 PM] On Nov. 15, 2022, a post was created on the forum website bitcointalk.org and the thread’s creator asked people to share signatures tied to some of their oldest mined bitcoin blocks. 11 days later, a newly created bitcointalk.org profile…
MANA Bloats 3.5% In Last 24 Hours, And Traders Now Smell Profit
[Dec 3, 2022 8:00 AM] MANA, the cryptocurrency used as payment for goods and services in the metaverse project Decentraland, has already lost 33% of its value over the last 30 days. After going all the way up to $0.7339 on November 5, the asset was on a consistent…
Bitcoin, Ethereum Technical Analysis: BTC Consolidates to Start the Weekend
[Dec 3, 2022 6:30 AM] Bitcoin was consolidating to start the weekend, as prices once again fell below $17,000. The move comes as traders continued to digest the latest U.S. nonfarm payrolls report. Ethereum was also marginally lower in today’s session, with price…
Ethereum Price To Reclaim $1,300 Throne – What Are The Possibilities?
[Dec 2, 2022 11:09 PM] This week saw a positive recovery in some crypto assets, Ethereum included. It is gaining momentum and preparing for a bullish rally in the days to come. Although Ethereum is still below $1,300, some factors suggest a possible increase to $1,350…
This Historic Bitcoin On-Chain Support Level Is Still Not Lost
[Dec 2, 2022 6:00 PM] On-chain data shows the historical 20-Day MA Bitcoin aSOPR support level has continued to hold so far. Bitcoin 20-Day MA aSOPR Rebounds Off Historical Support Line As pointed out by an analyst in a CryptoQuant post, the BTC aSOPR recently retested…
Bitcoin Bearish Signal: MPI Records Highest Value Since April 2022
U.S. Economic Data Foils Bitcoin Bulls’ Rally Attempt To Retake $17,000
[Dec 2, 2022 2:00 PM] Bitcoin is retracing and might be at the end of the short-term bullish momentum; the macroeconomic data might have shifted once again against it. The cryptocurrency saw profits after weeks of trending to the downside, but the rally is losing…
Price analysis 12/2: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
[Dec 2, 2022 1:56 PM] Bitcoin and altcoins are beginning to flash signals of a potential trend change, but a handful of downside risks remain.
Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits
[Dec 2, 2022 12:30 PM] While bitcoin prices have been lower than the estimated cost of bitcoin production, the network’s hashrate has dropped a great deal since mid-November. Presently, the total hashrate dedicated to the Bitcoin network is coasting along at 236…
Bitcoin bulls lie in wait as US dollar strength hits 5-month lows
[Dec 2, 2022 9:02 AM] BTC price performance gains some positive tailwinds, but Bitcoin faces a potential top for U.S. stocks.
Bitcoin, Ethereum Technical Analysis: ETH, BTC Higher Following US Nonfarm Payrolls Report
[Dec 2, 2022 8:00 AM] Ethereum moved closer to the $1,300 level on Dec. 2, as prices remained near a multi-week high. This comes as the latest U.S. nonfarm payrolls report showed that 263,000 jobs were added to the U.S. economy. Markets had expected this to come in at…
ApeCoin risks 30% crash after APE staking debut in December
[Dec 2, 2022 6:55 AM] ApeCoin price has rallied 50% in the last three weeks but a sell-the-news event risks wiping out those gains.
Bitcoin miner outflow ratio hits 6-month high in new threat to BTC price
[Dec 2, 2022 5:27 AM] Bitcoin miners are upping sales, but BTC price metrics hint that a relief rally could be next.
Will Bitcoin (BTC) See A Christmas Rally? Here’s What To Watch
[Dec 2, 2022 5:01 AM] After the recent speech by US Federal Reserve chairman Jerome Powell, there was a price firework on the stock market, from which Bitcoin also benefited. As a result, the BTC price has climbed to over $17,000. At press time, Bitcoin was trading at…
SBF Was ‘Delusional,’ Will ‘Spend Time in Jail’ Says Galaxy’s Mike Novogratz — ‘He Needs to Be Prosecuted’
[Dec 2, 2022 12:30 AM] Galaxy Digital’s CEO Mike Novogratz talked to Andrew Ross Sorkin on CNBC’s Squawk Box and gave his reaction to Sam Bankman-Fried’s (SBF) recent New York Times (NYT) Dealbook Summit interview. Novogratz said that SBF was “delusional” and insisted
Bitcoin Price Starts Technical Correction, Here’s Key Support To Watch
[Dec 1, 2022 9:15 PM] Bitcoin price traded above the $17,000 resistance. BTC is correcting gains and might decline towards the $16,650 support zone in the near term. Bitcoin gained pace and cleared the $17,000 and $17,200 resistance levels. The price is trading above…
Bitcoin Hits $17,000, But Is It Too Early To Call The All Clear On The Bear Market?
[Dec 1, 2022 2:23 PM] Bitcoin is retracing its recent week losses, and it’s about to reclaim the support lost during the FTX debacle. The number one crypto by market capitalization is displaying some short-term strength as macroeconomic conditions continue to improve. …
Bitcoin Family Says They Are Moving $1M in Crypto to Decentralized Exchanges After FTX Collapse
[Dec 1, 2022 10:30 AM] In October 2017, Netherlands native Didi Taihuttu and his family sold all their valuable belongings and their house for bitcoin. The decision paid off and the Taihuttu family has traveled all around the world and recently moved to the island of…
Bitcoin Could Usher In December Near $18,000 If It Moves Past This Resistance
US Institutional Investors Flocking Back To Bitcoin – Is The Bottom In?
[Dec 1, 2022 5:59 AM] The Bitcoin price has seen a minor rally after yesterday’s speech by US Federal Reserve chairman Jerome Powell. The price rose above $17,000, driven by the statement that smaller rate hikes are likely imminent and could begin in December…
Bitcoin sees worst monthly close in 2 years as traders watch $16.7K
[Dec 1, 2022 5:08 AM] BTC price action strengthens into the November monthly candle close, but traders are already warning over getting too “cocky” on Bitcoin.
Polygon Surges 12%, Edging Bitcoin And Ethereum, In Last 24 Hours
[Dec 1, 2022 1:50 AM] Polygon (MATIC) posted the highest 24-hour gains today and surpassed Bitcoin and Ethereum in that department as the altcoin mounts a bounce back following the crashing effects of the FTX implosion. MATIC is nursing a 12% intraday increase The…
Bitcoin Price Clears $17K, Why Dips Turn Attractive In Short-Term
[Nov 30, 2022 9:15 PM] Bitcoin price was able to clear the $17,000 resistance. BTC is consolidating gains and might remain supported above the $16,750 level. Bitcoin gained pace and cleared the $16,800 and $17,000 resistance levels. The price is trading above $16,800 and…