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Bitcoin Transactions Surge to 21 Month High – What This Means For BTC Price
17.1.2023
The number of transactions recorded on the Bitcoin blockchain jumped to nearly 300,000 on Saturday the 14 of January, its highest level since April 2021, according to data from crypto analytics firm Glassnode. Just a few weeks ago, daily transactions had been as low as 240,000....
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Bitcoin Bull Run? Institutional Investors Look Like They Are Still on the Sidelines
17.1.2023
Though the price of bitcoin (BTC) is up 23% in a week, institutional investors are "just watching" for now, found the blockchain analytics firm CryptoQuant.
After two months of its price hovering around $16,000-$17,000, bitcoin is seeing green fields again. It went up 2% over the past 24 hours...
Skybridge Capital is Predicting Bitcoin Gets to $35k This Year But is That Hope Over Realism?
17.1.2023
Global investment firm SkyBridge Capital is betting on Bitcoin reaching the $35,000 price level by the end of 2023 on the back of a sustained turnaround in the crypto market.
While admitting this view was "overly bullish," SkyBridge Capital founder Anthony Scaramucci said the recent crypto rally...
What Bitcoin Price Models Flashing Green Reveal - Is Crypto Winter Turning to Spring
16.1.2023
Bitcoin has been pumping since the start of 2023. The world’s first and largest cryptocurrency by market capitalization was last changing hands close to $21,000, up a stunning 27% so far on the month. That means Bitcoin is on course for its best monthly gain since October 2021, despite the month...
Why Bitcoin Hash Rate and Mining Difficulty Headed Higher is Great News for Bulls
16.1.2023
The difficulty of mining a bitcoin block has increased by around 10% during the latest adjustment, suggesting that more miners are coming back online as prices continue to recover.
The adjustment at block height 772,128 is the biggest downward change since October 10, 2022, when the metric rose...
Bitcoin (BTC) registers profit booking near 200 EMA!
16.1.2023
With Bitcoin’s market capitalization still being larger than the combined value of the top 8 cryptocurrencies, the dominance of BTC can easily be threatened. Bitcoin is considered the original and most well-known cryptocurrency since it has been around since 2009. Bitcoin is a highly stable...
Why Crypto Prices Are in For A Strong Week Ahead as Bitcoin Strengthens Above $20k
16.1.2023
After over a year of bear market, with the Bitcoin price falling from the highs of $69k to lows of $15k, there finally appears to be some bullish sentiment, with the Bitcoin price appreciating once more and the rest of the market following suit.
Ethereum has also managed to reclaim $15k,...
Hive Blockchain Shares Are Up 100% YTD, Deploys Intel’s Blockscale Chip For Bitcoin Mining Machines
16.1.2023
The shares of Bitcoin (BTC) mining firm Hive Blockchain (HIVE) are up more than 100% since the year began, while it just recently deployed its first machines based on Intel's (INTC) Blockscale chips.
Between Tuesday, January 3 and Friday, January 13, 2023, HIVE shares jumped 104.6%.
On January...
Bitcoin Price Takes Breather at $21k Two Month High - Is $30k by End of Month Possible?
14.1.2023
Bitcoin price is extending the week-long rally that has seen it blast past $20,000 for the first time since early November. Bulls have $24,000 in sight, but first, they must disperse the stubborn seller congestion zone at $21,000.
Over the last two weeks, Bitcoin price has disapproved calls...
Today in Crypto: Nexo's Bulgarian Offices Raided, Samsung to List Bitcoin Futures Active ETF in Hong Kong, Trezor Saw a 300% Spike in Sales
12.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Nexo's Bulgarian Offices Raided, Samsung to List Bitcoin Futures Active ETF in Hong Kong, Trezor Saw...
El Salvador Has Just Approved Law to Allow it to Issue Bitcoin Denominated Bonds
12.1.2023
El Salvador’s congress has passed a digital securities law that would allow the nation to issue Bitcoin-backed bonds, also known as Volcano Bonds.
The Legislative Assembly of El Salvador approved the bill by 62 votes to 16 on January 11. The bill will become law after being ratified by President...
Mark Cuban Wants to Buy More Bitcoin and Thinks Gold Buyers Are Dumb
11.1.2023
Billionaire investor and TV personality Mark Cuban is looking to buy more bitcoin (BTC) despite the asset being down 75% from its peak.
“I want Bitcoin to go down a lot further so I can buy some more,” Cuban said in a recent podcast interview with talk show host Bill Maher.
Bitcoin is down...
Group One “Beneficially” Owns 13% of MicroStrategy in Big Bitcoin Bet - Is the BTC Bottom In?
11.1.2023
Chicago-based trading firm Group One Trading has taken a massive bet on bitcoin (BTC) by taking a “beneficial” position representing 13% of bitcoin bull Michael Saylor’s company MicroStrategy.
The bet on MicroStrategy’s stock included bullish options that gives the trading firm the right to...
Bitcoin retains stability: Can BTC ever begin a rally again?
6.1.2023
Bitcoin (BTC) is a decentralized virtual currency that uses cryptography for security and is not backed by a central authority. Built on a decentralized ledger technology called the blockchain, which records and verifies all transactions on the network. All the transactions are recorded in blocks...
Bitcoin Price Forecasts For 2023 Are In and Here’s What The Bulls and Bears Think
6.1.2023
The bitcoin price has remained flat in the past 24 hours, sticking to its $16,796 from yesterday while the wider market teeters downwards slightly. Its current price marks a 1% increase in a week, although the world's first cryptocurrency is down by 1.5% in a month and by 75% compared to...
Early Crypto Investor Erik Voorhees Says the Next Bitcoin Bull Market Will Start When This Happens
4.1.2023
The next bull market may be coming anytime between this year and 2026, suggested crypto veteran Erik Voorhees, but it will require some changes in the macro environment - as well as in people's minds.
Voorhees, who is the founder and CEO of crypto exchange ShapeShift, was a guest on the Bankless...
Bitcoin looks towards an uptrend in 2023
4.1.2023
Bitcoin gave out handsome returns in 2020 and 2021 when major industries were down amid the rising cases of the pandemic. The statement is important to highlight that Bitcoin cannot be underestimated despite 2022 being one of the worst years for the largest cryptocurrency in the world....
Bitcoin miners rejoice; Things are finally looking up with PEGA Pool
4.1.2023
Bitcoin (BTC) miners the world over are running out of patience with the highly anticipated launch of PEGA Pool mere weeks away. Record low BTC prices, compounded by rising hash rates, have had BTC miners and mining companies in a spin for months. Many struggle to make ends meet and certain firms...
Bitcoin (BTC) needs a strong trigger for a positive breakout!
2.1.2023
At the beginning of 2022, BTC was trading around $47K, but currently, it is trading at around $16K. That means it has lost massive value in the last 12 months. There can be plenty of reasons behind such a downfall, but the prevalent question in the market is, will Bitcoin hit 100K in the next...
Original Bitcoin Core Developer has BTC Stolen From Wallet – This is What Happened
2.1.2023
Core Bitcoin developer Luke Dashjr has revealed that he has lost almost his entire stash of BTC after his PGP (Pretty Good Privacy) key was compromised just before the new year.
In a Sunday tweet, the developer said his PGP key, a common security method that uses two keys to gain access...