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Tag: BTC

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November 14, 2022 No Comments

Elon Musk says BTC ‘will make it’ — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week on shaky ground after its lowest weekly close in two years. The largest cryptocurrency, considerably weakened after last week’s implosion of exchange FTX, continues to grapple with the fallout. In what is becoming an

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November 11, 2022 No Comments

Wake up call? Bitcoin wallets move 3,500 BTC dormant since 2011

Amid the ongoing market turbulence for Bitcoin (BTC) and other cryptocurrencies, some big investors are waking up to move their BTC holdings that were untouched for about a decade.  According to on-chain data, seven dormant Bitcoin wallets awakened on Nov.

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November 11, 2022 No Comments

Bitcoin options data shows sub-$17K BTC price gives bears a $200M payday on Friday

Bitcoin (BTC) crashed below $16,000 on Nov. 9, driving the price to its lowest level in two years. The two-day correction totaled a 27% downtrend and wiped out $352 million worth of leverage long (buy) futures contracts. To date, Bitcoin

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November 8, 2022 No Comments

Bitcoin price hits 2-week lows as FTX ‘bank run’ drains BTC reserves

Bitcoin (BTC) and crypto markets fell heavily into Nov. 8 as contagion from the FTX debacle spilled over. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Analysts dismiss FTX insolvency fears Data from Valideapp Markets Pro and TradingView showed BTC/USD falling

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November 5, 2022 No Comments

Is Bitcoin bullish or nah? Here is what is really going on with BTC price

Since March 2022, traders and so-called analysts have been forecasting a policy change or pivot from the United States Federal Reserve.  Apparently, such a move would prove that the Fed’s only available option is to print into oblivion, further diminishing

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November 2, 2022 No Comments

Record hash rates may see Big Oil become a major BTC mining player

Surging Bitcoin (BTC) network hash rates are causing problems for mining companies but might be rolling out the red carpet for energy giants. The Bitcoin hash rate, the amount of computing power given to the blockchain through mining, has reached

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October 30, 2022 No Comments

BTC price struggles at $21K as trader says ‘top is in’ for Bitcoin, Ethereum

Bitcoin (BTC) continued consolidating into the Oct. 30 weekly close as concerns over a deeper retracement became vocal. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader avoids new longs below $21,000 Data from Valideapp Markets Pro and TradingView showed BTC/USD

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October 29, 2022 No Comments

Bitcoin metric warns of $21K profit-taking as decade-old BTC wakes up

Bitcoin (BTC) asleep for up to a decade is waking up this week as BTC price action sees six-week highs. Data from on-chain analytics firm Glassnode shows some of the oldest “dormant” Bitcoin returning to circulation. BTC trends out of

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October 27, 2022 No Comments

Bitcoin is cooling its rally — Here are the BTC price levels to watch next

Bitcoin (BTC) consolidated gains on Oct. 27 as the highest levels in six weeks gave way to sideways action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin impresses with stability on GDP print Data from Valideapp Markets Pro and TradingView

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October 27, 2022 No Comments

Asset management firm launches BTC Lightning Network startup accelerator

Asset management firm Stone Ridge, the parent company of Bitcoin company NYDIG, has launched the first startup accelerator that focuses on the Bitcoin Lightning Network and the Taro protocol, called In Wolf’s Clothing (Wolf).  The accelerator consists of 8-week programs

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October 25, 2022 No Comments

Sub-$20K Bitcoin price puts BTC miner profits under pressure as hash rate soars

October witnessed a surge in Bitcoin’s hash rate, which is pushing the metric to a new high of 245 exahashes per second. These changes led to a sharp decrease in the hashprice, resulting in a drop in the profit margins for

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October 23, 2022 No Comments

Mastercard and Paxos help banks offer crypto, Jack Dorsey details new social platform and Tesla hodls BTC: Hodler’s Digest, Oct. 16-22

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Valideapp in one

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October 22, 2022 No Comments

SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, MATIC

The 10-year Treasury yield in the United States rose to its highest level since 2008. Although this type of rally is usually negative for risky assets, the U.S. stock markets recovered ground after the Wall Street Journal reported that some

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October 20, 2022 No Comments

Bitcoin faces tough daily resistance as BTC price matches UK pound volatility

Bitcoin (BTC) showed no signs of a breakout on Oct. 20 as tantalizing sideways action dragged on. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Bitcoin range “congested and critical” Data from Valideapp Markets Pro and TradingView showed BTC/USD firmly

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