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Bitcoin 'death cross' sees BTC price dip $1K erasing Uptober gains
11.10.2023
BTC price erases all its month-to-date gains with Bitcoin traders predicting that $27,000 will not stay around long
Bitcoin Price Prediction: 2% Fall; Economy Booms, Fidelity Underscores BTC Role
11.10.2023
On Wednesday, Bitcoin price experienced a minor setback, with its price declining by 1.75% to trade at $27,325. This dip comes amidst a flourishing economy, suggesting that now might be an opportune moment for investors to delve deeper into the world of Bitcoin.
Notably, the stability of Bitcoin...
Iris Energy Boosts Mining Capacity With $19.6M Acquisition of Bitmain’s S21 Antminers
11.10.2023
The Nasdaq-listed bitcoin mining company Iris Energy has announced its acquisition of 1.4 exahash per second (EH/s) of Bitmain’s latest S21 Antminers. This acquisition will increase the company’s self-mining capacity by 25%, from 5.6 EH/s to 7 EH/s. Nasdaq-Listed Iris Energy Bolsters...
Bitcoin Stands Apart in the Crypto Economy, Fidelity Digital Assets Report Says
10.10.2023
A new report from Fidelity Digital Assets argues that Bitcoin is fundamentally different from other digital assets and should be evaluated separately when constructing crypto investment portfolios. Fidelity Digital Assets Highlights Distinctive Value and Assessment of Bitcoin in Crypto Portfolios...
Bitcoin Price Prediction as BTC Holds Steady at $27,500 Support – Is a Recovery Imminent?
10.10.2023
Bitcoin (BTC), the world's oldest and most valuable digital currency, couldn't climb above $28,000 recently.
This is because investors are feeling cautious due to the ongoing conflict between Israel and Hamas, which is becoming more intense.
However, the total value of all cryptocurrencies...
Biggest Crypto Gainers Today on DEXTools – DEE, KINGDOM, LOONG
10.10.2023
Major blue-chip cryptocurrencies continue to slide, with Bitcoin (BTC) last trading in the $27,300s, down close to 1%, and Ether (ETH) last trading just to the north of $1,550 and down a little over 1%.
Bitcoin remains in a short-term uptrend, but is threatening a downside break, which would...
Bitcoin’s Hashrate Hits Record High Amid Upcoming Reward Halving and Market Challenges
10.10.2023
A week ago, at block height 810,432, Bitcoin miners dealt with a 0.35% rise in difficulty. Yet, on October 8, the Bitcoin hashrate soared to a new record. According to the seven-day simple moving average (SMA), it touched an impressive 440 exahash per second (EH/s). Notably, less than 200 days...
BTC price rally in doubt? Bitcoin young supply echoes 2022 bear market
10.10.2023
Bitcoin on-chain transaction data shows "uncertain" conditions prevailing, research says, warning that Q2 is not likely to match BTC price gains from earlier in 2023
Hut 8 boosts self-mined Bitcoin reserves to 9.4K amid USBTC merger
10.10.2023
According to Hut 8 CEO Jaime Leverton, the new merged mining business will have “highly diversified fiat revenue streams.”
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Below $28,000 Ahead of Key US Economic Reports
10.10.2023
Bitcoin consolidated recent losses on Tuesday, as focus shifts to Wednesday’s Federal Open Market Committee (FOMC) minutes. Traders will look for guidance from the report, to see the Fed’s stance on the economy, after opting to keep rates unchanged last month. Ethereum remains below...
Bitcoin (BTC) sentiments shift to long-term holders
10.10.2023
Bitcoin’s volatility has increased to 340%. While this dates back to October 2, 2023, it shows that the month will be better for BTC. The effect is such that the price is trading positively at $27,664.40, an increase of 0.25% in the last 24 hours. Most importantly, Bitcoin seems to have changed...
Ether-Bitcoin Ratio Drops to 15-Month Low as ETFs Fail to Uplift Sentiment
10.10.2023
The ratio has declined nearly 30% since Ethereum's Merge upgrade in September 2022
Bitcoin dominance hits 3-month high as 'hammered' altcoins risk dive
10.10.2023
Bitcoin price action wobbles but recovers without new lower lows, while altcoins suffer with traders eyeing potential short opportunities
The Economic Engine of War — Tracing Fiat Currency’s Role in Global Conflicts
10.10.2023
When Satoshi Nakamoto created Bitcoin, many viewed it as a solution to the drawbacks of fiat money. Historically, about 800 fiat currencies have come and gone, with many ultimately failing. Intriguingly, the fundamental reasons for establishing the fiat system remain elusive to many. Some argue...
Bitcoin analysts look to November as price action looks to mirror past cycles
10.10.2023
Bitcoin’s months of sideways action have been uncannily similar to the previous two BTC market cycles, which saw a pivot in November leading up to a halving event
Bitcoin Price Prediction as BTC Recovers Past $26,000 Resistance – Are the Bulls Taking Over?
9.10.2023
Bitcoin (BTC), the most valuable cryptocurrency in the world, could not break the $28,000 mark over the weekend, showing sluggish movement.
The ongoing Israel-Hamas conflict is largely to blame for this, as investors are exercising caution and taking a wait-and-see approach before making...
Biggest Crypto Gainers Today on DEXTools – VS, OPOE, QLINDO
9.10.2023
A risk-off tone to macro trading conditions on Monday amid jitters regarding the escalating Israel/Palestine is weighing on crypto prices.
Bitcoin (BTC) was last down just over 1% in the mid-$27,000s, while Ether (ETH) was last down over 3% at $1,580.
Ether is also suffering following...
Here’s Why Crypto Prices Are Bearish in October, Traders Divest Into These 3 New Cryptocurrencies
9.10.2023
Crypto prices are pulling lower on Monday as jitters surrounding the escalating Israel/Palestine conflict and its potential to spill over to major oil-producing regional neighbors like Iran send oil prices higher, raising inflation fears.
Bitcoin (BTC) was last trading close to $27,500, down over...
Another Set of Vintage 2012 ‘Sleeping Bitcoins’ Emerge From Dormancy With $6 Million Transfer
9.10.2023
Last month, 19 distinct bitcoin addresses from 2012 awakened, moving coins that had remained untouched for over 11 years. Fast forward to this month, and we’ve already seen four such transfers from 2012. This Sunday, at block heights 811,239 and 811,244, two addresses from that vintage year...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Edge Lower as Mideast Tensions Rattle Markets
9.10.2023
Ethereum plunged below the $1,600 level to start the week, as global markets reacted to the escalating tensions in the Middle East. Crude oil prices rallied from a six-week low, climbing by over 4% overnight. Bitcoin gave up recent gains, as traders fled to more traditional safe-haven assets....