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Crypto Mining Investments in Cuba Have Been Severely Impacted by Constant Power Blackouts
12.12.2022
Repeated blackouts in several parts of Cuba have reportedly made operating cryptocurrency mining rigs impossible - and mining unsustainable.
Many Cubans have lost thousands of dollars that they had invested in crypto mining equipment and graphics cards, according to a report by CubaNet....
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Bitcoin Price and Ethereum Down 4%; Market Braces for US CPI & FOMC Rate Decision This Week
12.12.2022
On December 12, Bitcoin broke through the upward channel at $17,000, allowing for more selling on the downside. Similarly, Ethereum has followed suit, emerging from an ascending triangle pattern on the downside to close below the $1,260 support level....
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Bitcoin Price Prediction as $15 Billion Trading Volume Shoots BTC Above $17,000 – New Rally Starting?
11.12.2022
On December 11, the Bitcoin price prediction remains mixed as BTC consolidates in a narrow range of $17,000 to 17,350 despite trading volume shooting to $15 billion. New Jersey has set a goal of becoming the most crypto-friendly state in the United States. ...
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Bitcoin Price and Ethereum Prediction; Economic Downturn Concerns for 2023
11.12.2022
On Sunday, Bitcoin is trading sideways, maintaining a narrow range of $17,000 to $17,350 level. Similarly, Ethereum has risen above the $1,250 level, a support level that's extended by an ascending triangle pattern.
Major cryptocurrencies were trading in the red early on December 11 as the global...
Bitcoin Price Prediction as BTC Volume Surges to $22 Billion – Here’s Where BTC is Headed Next
10.12.2022
On December 10, the BTC/USD pair continued to consolidate in a narrow range of $16,000 to 17,350. Stronger-than-expected US PPI figures from the Bureau of Labor Statistics have kept Bitcoin's uptrend limited....
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Bitcoin Price Prediction $20 Billion Trading Volume Pushes BTC Back Above $17,000 – Here’s Where It’s Headed Next
9.12.2022
On Friday, the BTC/USD pair traded strongly bullish, rising above the $16,750 level to $17,350. However, the stronger-than-expected US PPI figures from the Bureau of Labor Statistics have triggered a minor bearish correction, causing BTC to lose nearly 1.50% in the last few hours....
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600 Crypto-related Crimes Reported in Ukraine This Year, Say Police
9.12.2022
Ukrainian police officers say they have investigated 600 suspected crimes involving crypto since the start of the year.
Forklog reported that the claim was made by Evgeny Panchenko, the head of the analytics team at the police force’s cyber division.
Panchenko claimed that most of the cases...
Bitcoin is short-term bullish: What should you do now?
9.12.2022
Bitcoin is the leading crypto coin in the world, which has slipped almost 75% from its all-time high. At the time of writing this post, Bitcoin is trading around $17,222, which is just above the 52-week low of $15,500. After the news of the FTX liquidity crisis in November, Bitcoin broke...
Billionaire Tim Draper Says El Salvador Will Become One of the Richest Countries on Earth For This One Reason
9.12.2022
American venture capitalist and billionaire Tim Draper argues that bitcoin (BTC) will lead El Salvador to become one of the richest countries in the world.
In an interview with investor Anthony Pompliano, published on Monday, Draper discussed governments turning to bitcoin and adopting 'the...
Bitcoin Price and Ethereum Prediction; US PPI Figures to Drive Market Sentiment
9.12.2022
The upward channel triggered a rebound in Bitcoin price above the $16,740 level on December 09, and it is now trading above the $17,200 level. Similarly, Ethereum has risen above the $1,280 level ahead of the US PPI figures, which are regarded as the most important economic event....
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Bitcoin Infrastructure Firm Blockstream Seeks Fresh Funds at 70% Lower Valuation Than in 2021
8.12.2022
The Bitcoin-focused development and infrastructure firm Blockstream is seeking fresh funds at a valuation that “may be below $1 billion,” or about 70% lower than its most recent funding round in 2021, according to a Bloomberg report.
Blockstream’s valuation has likely been impacted by the collapse...
Today in Crypto: PayPal to Expand its Crypto Service to Luxembourg, ByBit Integrates ApeX Pro DEX, Nomad Preparing Relaunch
8.12.2022
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: PayPal to Expand its Crypto Service to Luxembourg, ByBit Integrates ApeX Pro DEX, Nomad Preparing Relaunch
Bitcoin Price Prediction as BTC Falls Below $17,000 – How Low Can it Go?
8.12.2022
The BTC/USD pair is trading sideways, maintaining a narrow range of $16,750 to $16,900 on December 8, but Bitcoin price prediction remains bearish following the breakout of an upward channel.
Bitcoin has dropped 75% this year from its previous high of $69,000. However, the cause of these massive...
Bitcoin Price and Ethereum Prediction; Celsius Customers to Get $44M in Crypto From Bankruptcy
8.12.2022
Bitcoin, the leading cryptocurrency, has failed to hold above the $16,900 support level, which has now become a major resistance. While Ethereum, the second-most valuable cryptocurrency, has also breached a major support level of $1,240, extended by an upward channel.
Given this, BTC and ETH...
Today in Crypto: Noteworthy Announced 5 mBTC Note Sale, Fir Tree Sued Grayscale, Blockstream Rais(ing/ed) Funds
7.12.2022
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: Noteworthy Announced 5 mBTC Note Sale, Fir Tree Sued Grayscale, Blockstream Rais(ing/ed) Funds
Bitcoin Price Prediction – When Will the Next Bull Market Start?
7.12.2022
Bitcoin price prediction turned bearish on November 7, following the bearish breakout of a major support level of $16,900. The breach of the upward trendline has increased selling pressure on Bitcoin, potentially leading to a drop to $16,500.
Let's take a quick look at the market's...
North Korea Running ‘Trojan-infested Fake Crypto Exchange,’ Say Experts
7.12.2022
A security firm says North Korean hackers created a bogus crypto exchange that infects users’ internet-connected devices with malware – which allows them to access sensitive networks so they can steal cryptoassets.
The claims were made by the security provider Volexity, and backed by the likes...
Is It Too Late to Buy Bitcoin Before 2023? 5 Traders Give Their Predictions
7.12.2022
The bitcoin price has fallen by 1% in the past 24 hours, slightly below a drop of around 1.5% for the cryptocurrency market as a whole. Its current price of $16,806 represents a 2% increase in the past week and a 20% decline in the last 30 days, with the FTX collapse largely to blame for this...
Ukrainian Tailor’s Shop a Front for Illegal Crypto Mining Farm
7.12.2022
A tailor’s shop in Kovel, Ukraine, has been exposed as a front for an illegal crypto mining operation. Its masterminds connected their rigs to the local power grid – and stole electricity to power their efforts....
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Bitcoin Price and Ethereum Halt Downtrend; Can BTC Rally to $17,500 Today?
7.12.2022
Bitcoin, the leading cryptocurrency, finally found support near the $16,900 level on December 7, which is being extended by an upward trendline. The second-most valuable cryptocurrency, Ethereum, is also supported above $1,240, a level that is extended by a double-bottom pattern visible in...