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Price analysis 9/6: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
6.9.2023
Bitcoin and several major altcoins continue to show weakness, but a few data points do favor bulls in the short-term
Bitcoin Mining Difficulty Dips 2.65%; Network Clocks Modest Uptick in Hash Price
6.9.2023
On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. This marks the first decline since July 26, when a 2.94% slide was recorded at block height 802,368. Bitcoin Miners See Relief With 2.65%...
$21 Million in ‘Sleeping Bitcoins’ Awaken After Years of Dormancy
6.9.2023
Despite Bitcoin’s (BTC) price dipping 6.4% this week and hovering below the $26K mark, a flurry of activity was noted between September 5th and 6th as several substantial ‘sleeping bitcoins’ stirred. After a lull of slightly over six years, an individual splurged 359.92...
Bitcoin bids move to lowest since March as BTC price dips under $25.7K
6.9.2023
BTC price action reflects a tug-of-war between weak bulls and bears, but Bitcoin breaking down is firmly on the cards
Bitcoin, Ethereum Technical Analysis: BTC Consolidation Continues, as Moving Average ‘Death Cross’ Nears
6.9.2023
Bitcoin was largely unchanged on Wednesday, as moving averages closed in on a potential upward crossover. The potential for a “death cross” will likely be in the mind of would-be bulls, looking for an opportune time to reenter. Ethereum continues to hover close to a floor of $1,630....
Report: Huawei’s Kirin Chip May Have Been Accelerated by Bitcoin Mining Orders
6.9.2023
A recent report by The Miner Mag suggests bitcoin mining orders might have sped up Huawei’s development of its new Kirin smartphone chip. The chip, which powers Huawei’s new Mate 60 Pro smartphone, was produced by China’s Semiconductor Manufacturing International Corp. (SMIC)...
Colombian Bitcoiner aims to orange-pill coffee lovers one bean at a time
6.9.2023
The CEO of Lightning Koffee launched the coffee startup in October with the aim of onboarding Medellín's businesses to Bitcoin
BTC三TH Soars Nearly 450%, Leads Daily Crypto Gainers as Bitcoin BSC Enters Presale
6.9.2023
BTC三TH saw impressive gains of nearly 700% today after its highly anticipated crypto listing. The meme coin advanced to an intraday high of $0.00005066 before profit-taking pulled it back down.
Now finding support near the 50 EMA on the 5-minute chart, BTC三TH is stabilizing between key levels...
Report Reveals 88,200 Millionaires Built Wealth Through Cryptocurrency
5.9.2023
A study by Henley & Partners, an investment migration consultancy in London, reveals an interesting insight: of the world’s 56.1 million millionaires, a notable 88,200 have earned their fortunes in cryptocurrency. Crypto’s Elite: How Bitcoin and Cryptocurrency Carved Out a...
Bitcoin Price Prediction as BTC Drops 1% – Time to Buy the Dip?
5.9.2023
As Bitcoin takes the limelight once again, its live valuation stands at $25,702, experiencing a minor slump of nearly 1% over the past 24 hours.
According to the latest metrics from CoinMarketCap, Bitcoin proudly retains its #1 position with a monumental market capitalization of approximately...
Bitcoin price metric copies move that last came before -25% FTX crash
5.9.2023
Bitcoin SLRV Ratio data performs a moving average crossover absent since before the FTX implosion hit the market
Bitcoin Plumbing Six-Month Lows and Higher Oil Prices Suggest Further Pressure
5.9.2023
Saudi Arabia and Russia Monday morning agreed to extend oil production cuts, sending crude to its highest levels of 2023
Bitcoin, Ethereum Technical Analysis: BTC Slips Below Key Support Point as US Markets Reopen Following Labor Day
5.9.2023
Bitcoin moved lower on Tuesday, as U.S. traders returned from the Labor Day celebration, bringing back bearish sentiment with them. The global crypto market cap was down by 0.47% at the time of writing. Ethereum remained in the red, with price trading below a recent support point. Bitcoin Bitcoin...
BTC bull market began in March, more will realize in a year: Arthur Hayes
5.9.2023
The BitMEX co-founder says Bitcoin's been on a bull run since the Fed's $25 billion dollar program aimed at stabilizing the U.S. banking system
Bitcoin Price Prediction as BTC Approaches $26,000 Resistance – Time to Buy?
5.9.2023
Bitcoin's current trading value is $25,720, which decreased by nearly 1% on Tuesday. The cryptocurrency is facing an uncertain September due to regulatory delays and macroeconomic worries. In the past, Bitcoin has struggled during this month, experiencing six years of lackluster...
Micro $3 Bitcoin miners won’t make bank, but that’s not the point: Inventors
5.9.2023
Pocket-sized Bitcoin miners are a stand against the “secrecy and exclusivity” of the Bitcoin mining industry, according to their inventors
Bitcoin Could Follow Nikkei Path to Record High, Says Analyst
5.9.2023
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has predicted that the price of bitcoin could “follow the path of the Nikkei, which reached a 33-year high in June.” He highlighted that the largest crypto “has had a close directional relationship with the Nikkei 225.” Bitcoin’s...
Lightning Network Sees Sharp 14% Decline in Capacity After Hitting Peak
4.9.2023
Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the secondary network. From Peak to Plunge: Lightning...
Price analysis 9/4: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON
4.9.2023
Bitcoin price is range-bound but several major altcoins such as XRP are showing signs of a potential breakdown
Bitcoin futures data hints at $22K as the next logical step
4.9.2023
BTC derivatives flipped bearish after Bitcoin failed to establish bullish momentum despite the heightened spot ETF prospects