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Bitcoin and Ethereum Still Bearish, ADA Corrects Gains
18.1.2022
Bitcoin price failed to start a recovery above USD 43,000. BTC extended decline below the USD 42,000 and USD 41,900 levels. It is currently (11:59 UTC) consolidating, with a major hurdle near USD 43,000.
Similarly, most major altcoins are showing bearish signs. ETH extended losses below the...
Bitcoin hodlers 'under siege' at $42K as 30% of BTC supply flips from profit to loss
18.1.2022
A historically significant 30% of the Bitcoin supply is now held at a loss — and that has ended in a bullish rebound twice since March 2020
What bear market? Current BTC price dip still matches previous Bitcoin cycles, says analyst
18.1.2022
It's a case of "same, same but different" when it comes to Bitcoin price action this year, but historically, nothing has fallen outside the norm
Bitcoin and Ethereum Extend Decline, ADA Rallies Further
18.1.2022
Bitcoin price remained in a bearish zone below the USD 43,000 level. BTC extended decline below the USD 42,500 and USD 42,000 support levels. It is currently (04:14 UTC) recovering near USD 42,100, but upsides might be limited.
Similarly, most major altcoins are also corrected lower. ETH traded...
Bitcoin price can’t find its footing, but BTC fundamentals inspire confidence in traders
18.1.2022
Data shows traders still feel confident about BTC price because the futures premium and other fundamentals show no signs of stress
Bitcoin price drops below $42K, but analysts still expect ‘one more impulse’ move
17.1.2022
BTC price is back in a free fall as the price drops to $41,600, but analysts are still holding out for “one more upward impulse” move
Bitcoin, Ethereum, Monero Hashrates Tap Lifetime Highs — Dash, ETC, LTC Hashpower Lower Than Prior ATHs
17.1.2022
During the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower surged to over 200 exahash per second (EH/s), Ethereum’s hashpower jumped to over 1 petahash per second (PH/s). A few mineable digital asset...
Price analysis 1/17: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE
17.1.2022
Bitcoin and most major altcoins took a turn for the worse after BTC price dipped below $42,000
Bitcoin and Ethereum Trend Lower, ADA Inches Higher
17.1.2022
Bitcoin price failed to stay above the USD 43,000 level and extended decline. BTC traded below the USD 42,800 support level. It is currently (13:40 UTC) showing bearish signs and there is a risk of a move below USD 42,000.
Similarly, most major altcoins are struggling. ETH declined below...
Bitcoin stays in tight range as analyst eyes potential 'interesting week' in BTC
17.1.2022
It may be all quiet on Monday in the absence of Wall Street, but Bitcoin markets might not stay that way for long
BTC 'likely' to repeat Q4 2020 move — 5 things to watch in Bitcoin this week
17.1.2022
Bitcoin price action has yet to impress in 2022, but bets are stacking up that things will soon get interesting again
Bitcoin and Ethereum Struggle, ADA and AXS Surge
17.1.2022
Bitcoin price failed to settle above USD 43,500 and started a downside correction. It traded below USD 43,000 and is currently (04:24 UTC) consolidating near USD 42,800. If there is a downside break below USD 42,500, the bears might take control.
Similarly, most major altcoins are stuck in...
Jack Dorsey’s Payments Company Is ‘Officially Building an Open Bitcoin Mining System’
16.1.2022
In mid-October 2021, Twitter founder Jack Dorsey revealed the payments firm Block Inc. (formally Square) was considering joining the bitcoin mining industry. Three months later, Dorsey tweeted that his firm was “officially building an open bitcoin mining system.” The Block’s...
Top 5 cryptocurrencies to watch this week: BTC, NEAR, ATOM, FTM, FTT
16.1.2022
If Bitcoin breaks above $45,500, select altcoins like NEAR, ATOM, FTM and FTT could turn bullish in the short-term
Binance CEO’s net worth hits $96B, Jack Dorsey launches BTC defense fund, Bill Miller apes into Bitcoin: Hodler’s Digest, Jan. 9-15
15.1.2022
Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH
15.1.2022
Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching 219.68 exahash per second (EH/s). The new record follows the previous all-time high (ATH) on the first day of the year, when the network’s hashrate tapped...
Bitcoin miners can take fresh 20% BTC price hit before capitulating, data shows
15.1.2022
Production costs for miners are around $34,000, and together with transaction fees, miners need not worry about another $40,000 support challenge on BTC/USD
Price analysis 1/14: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE
14.1.2022
Right now, bulls are buying each dip and bears are selling the top of each rally, suggesting that BTC and altcoins will remain range-bound for some time
Kingdom of Tonga May Adopt Bitcoin as Legal Tender, Says Former Member of Parliament
14.1.2022
The Kingdom of Tonga may adopt bitcoin as legal tender, according to a former member of Tonga’s parliament, Lord Fusitu’a, who tweeted about a possible timeline for this event to occur. Fusitu’a believes that by next fall a bill will be passed by Tonga’s parliament...
Rio’s Treasury Reserves to Be Made up of 1% Crypto, City May Enable BTC Tax Payments
14.1.2022
Brazil’s former capital city, Rio de Janeiro, might start holding crypto in its treasury, its Mayor has revealed.
According to the newspaper O Globo, Mayor Eduardo Paes made the announcement during an event also attended by another pro-crypto mayor, Miami’s Francis Suarez. The duo were speaking...