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In a Sea of Mining Giants, One Solo Miner Strikes Digital Gold by Finding Bitcoin Block 841,286
30.4.2024
While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo miner discovered block 841,286. Bitcoin’s Harsh Mining Climate Yields Treasure for One Solo Entity Mining bitcoin (BTC) has become significantly challenging...
Crypto investment funds see $435M outflow as bull market stalls amid rising inflation concerns
29.4.2024
Concerns over rising inflation and flat spot Bitcoin ETF inflows could be factors in the $435 million outflow from crypto investment funds last week
7 AI Chatbots Predict Bitcoin’s Price Post-Halving; See $80K-$100K by Year-End
29.4.2024
On April 28, 2024, the price of bitcoin was coasting along at $62,900 per unit as of 7:28 p.m. Eastern Time (ET). Since then, the price fell below the $62K mark by Monday morning ET, only to climb back above $62,000 by mid-afternoon. It has been nine days since the last halving event and...
Best Crypto to Buy Today April 29 – Wormhole, Sei, Helium
29.4.2024
Major cryptocurrencies are trading with a bearish bias on Monday as traders consider the possibility that the US economy is slipping into “stagflation”, which would typically be bearish for risk assets, and so traders hunting for the best crypto to buy today are turning to altcoin markets...
Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery
29.4.2024
As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $62,279, bitcoin has shown a 24-hour range between $61,994 and $63,929. Bitcoin Bitcoin’s (BTC) daily chart presents a stark bearish...
Worst month since 2022 bear market? 5 things to know in Bitcoin this week
29.4.2024
Bitcoin is on course for 12% losses in April, and with the monthly close just days away, it could end up sparking the weakest BTC price action in more than a year
Australian Securities Exchange Could Approve Spot-Bitcoin ETFs Before 2024-End: Bloomberg
29.4.2024
The Australian Securities Exchange (ASX), which accounts for 90% of Australia's equity market, is expected to approve the first spot-Bitcoin {BTC} exchange traded funds (ETFs) before the end of 2024, Bloomberg has reported, citing people familiar with the matter
Veteran Trader Peter Brandt Suggests BTC May Have Topped, Predicts a Decline to Mid-$30K
29.4.2024
According to veteran pro trader Peter Brandt, bitcoin may have peaked when it achieved a new all-time high of $73,835. However, there is a possibility that it could now decline to the mid-$30s or even lower, Brandt said. Interestingly, Brandt suggests that such a decline could be the “most...
Bitcoin, Ether Nurse Losses as U.S. Stagflation Fears Grip Market
29.4.2024
The crypto market is balancing the threat of stagflation against a liquidity injection from the Treasury General Account (TGA), and the launch of Hong Kong's bitcoin ETFs
South African BTC Ponzi Scheme Mastermind Succumbs to Heart Attack While Detained in Brazil
29.4.2024
Johann Steynberg, the mastermind behind a South African bitcoin Ponzi scheme, recently died of a heart attack while under house arrest on a farm in Brazil. According to his Brazilian wife, Steynberg left no will and had no assets that could be inventoried. South African Police Investigate...
Former Openbazaar Dev Chris Pacia Blasts Lightning Network: Experts Knew It Would Work ‘Like Dog Sh*t’
29.4.2024
Chris Pacia, the former lead developer of the now-defunct decentralized marketplace Openbazaar, has criticized the process that led to the proposal of Bitcoin’s lightning network (LN) as a scaling solution. Pacia stated that technical experts lied to the mainstream audience in the blocksize...
Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall
28.4.2024
On Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), but by Sunday, it had dropped to $51.66 per petahash. Over the last 100 blocks, bitcoin miners averaged about 3.55 BTC for each block they mined, indicating that bitcoin miners are receiving less than half a BTC...
Crypto trader sees best 'altseason' since 2017 as Bitcoin price cools
28.4.2024
Bitcoin and altcoins are projected to reenter bullish upside on longer timeframes, with the signs becoming clear despite consolidatory BTC price action
Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC Rigs
27.4.2024
According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. On April 25, Luxor Technologies reported a significant decline in the prices...
Bitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors
27.4.2024
While sales of non-fungible tokens (NFTs) have declined by over 38% in the past 30 days compared to the previous month, NFTs minted on the Bitcoin blockchain have dominated, accounting for more than 44% of sales. Statistics from the last 30 days reveal that four of the top five best-selling...
Bitcoin Sees Rise in Sell Calls Amid Expectations of Asian Institutional Boost
27.4.2024
Over the past week, bitcoin has exhibited a downward trend, with its price stabilizing at around $62,950 to $63,125 per unit as of April 27. Despite this dip, the Crypto Fear and Greed Index remains firmly in the “greed” sector. According to Google Trends, interest in the term...
Best Crypto to Buy Now April 26 – Litecoin, Neo, Ethereum Classic
27.4.2024
With major cryptocurrencies trading with a bearish bias on Friday, investors are scouring altcoins markets for the best crypto to buy now for quick gains.
The post Best Crypto to Buy Now April 26 – Litecoin, Neo, Ethereum Classic appeared first on Cryptonews
Bitcoin Price Chops Either Side of $64,000 Following Latest US Inflation Report – Here’s What You Need To Know
26.4.2024
The Bitcoin (BTC) price chopped either side of the $64,000 level on Friday in wake of latest US inflation data report, which showed the Core PCE index rising 0.3% MoM in March, in line with the market’s expectations.
The post Bitcoin Price Chops Either Side of $64,000 Following Latest US Inflation...
Contrary to Crypto Influencer Hype, Data Reveals ‘It is Not Altcoin Season’
26.4.2024
Over the past 90 days, while bitcoin has shown steady performance, 19 other cryptocurrencies have outpaced the leading digital asset in terms of price growth. However, the Altcoin Season Index, which measures the performance of these cryptocurrencies against bitcoin, has dropped from 59 to 39 since...
Bitcoin entering most likely 2 weeks for new BTC price dip — Analysis
26.4.2024
Bitcoin market inertia is dragging on, and a BTC price drop over the next fortnight would correspond to classic post-halving behavior