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Bitcoin Price Prediction as BTC Drops 4.6% – Time to Buy the Dip?
1.9.2023
In recent developments, the ever-volatile Bitcoin price has witnessed a 4.6% dip, prompting investors and market enthusiasts to question: Is this the opportune moment to buy the dip?
As of now, Bitcoin is priced at $25,619, with an impressive 24-hour trading volume of $18.8 billion.
Retaining...
Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use
1.9.2023
Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption. Cambridge Centre Revises Bitcoin Energy Estimates...
Price analysis 9/1: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
1.9.2023
Bitcoin and most altcoins gave back the entirety of their gains shortly after the SEC decided to delay issuing a decision on all of the recently filed spot Bitcoin ETF applications
Bitcoin lines up RSI showdown as BTC price slips toward new 2-week low
1.9.2023
Bitcoin erases all trace of "Grayscale hype" with September offering a trip below $26,000 and limited chance of upside, BTC price analysis warns
Bitcoin Miners Anticipate Relief: Upcoming Difficulty Reduction Projected After August’s Challenges
1.9.2023
While Bitcoin experienced two difficulty adjustments upward last month, the next one, expected around September 6, 2023, is estimated to be a reduction. Currently, the network’s hashrate is about 367.58 exahash per second (EH/s), with an average of 380.90 EH/s over the past ten days. After...
Bitcoin, Ethereum Technical Analysis: BTC Hovers Near $26,000 Following US Nonfarm Payrolls
1.9.2023
Bitcoin plummeted below $26,000 to start the month of September, as markets waited for the latest non-farm payrolls (NFP) report. Payrolls in the United States were expected to fall to 170,000 for August, however came in at 187,000. Ethereum was also down on the news, falling below $1,700. Bitcoin...
U.S. August Job Adds of 187K Vs Estimates for 170K; Unemployment Rate Rises to 3.8%
1.9.2023
With spot bitcoin ETF aspirations sidelined after the SEC yesterday pushed off decisions on a raft of new applications, crypto bulls are hoping an employment slowdown and lower interest rates could provide a positive catalyst
Bitcoin risks 'swift' $23K dive after BTC price loses 11% in August
1.9.2023
BTC price performance disappoints bulls as Bitcoin comes full circle to finish a grim August for bulls
HashKey's New $100M Fund to Focus on Altcoins, With Less Than 50% Allocation for BTC and ETH
1.9.2023
HashKey Capital, the investment arm of Hong Kong-based crypto giant HashKey Group, has allocated a significant portion of its newly launched to major altcoins.
The fund aims to invest less than 50% of its allocation in Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies, Jupiter...
Bitcoin traders wipe Grayscale gains after SEC delays spot ETF decisions
1.9.2023
The price of BTC rose sharply and fell almost as fast over the past three days amid two recent events impacting pending applications for spot Bitcoin ETFs
Bitcoin Price Prediction as BTC Dips 4% – More Sell-Off Ahead?
31.8.2023
In the world of cryptocurrencies, Bitcoin's unpredictable price movements are always under the microscope.
Today, with Bitcoin's price hovering at $26,164 and a 24-hour trading volume reaching a staggering $18 billion, the cryptocurrency has seen a dip of nearly 4% in the last day.
Despite...
CME Bitcoin trading volume surpasses Bybit, but is it impacting BTC price?
31.8.2023
BTC trading volume at CME recently eclipsed Bybit but what does this mean for Bitcoin price?
Bitcoin Miner Iris Energy Dives into Generative AI, Investing $10M in Nvidia GPUs Amidst Soaring Demand
31.8.2023
On August 29, the publicly traded bitcoin mining entity, Iris Energy, revealed its acquisition of 248 Nvidia H100 graphics processing units (GPUs) at a cost of $10 million. While the company emphasized that its primary focus remains on BTC mining, it views generative artificial intelligence (AI)...
Bitcoin, Ethereum Technical Analysis: BTC Erases Recent Gains as US GDP Disappoints
31.8.2023
Bitcoin edged lower once again on Thursday, as traders continued to capture profits following gains on Tuesday. The latest drop followed data revealing U.S. gross domestic product growth in the second quarter that undershot expectations. Ethereum likewise declined, dipping under $1,700. Bitcoin...
Bitcoin Cash Price Prediction as BCH Rockets Up 15% – Are Whales Choosing BCH Over BTC?
31.8.2023
The Bitcoin Cash price has moved to $218.93 today, marking a 1% gain in 24 hours and a 15% rise in a week.
BCH's increases have come after Grayscale won an appeal against the SEC, which had previously refused the asset manager's application to open a spot Bitcoin ETF....
Read More: Bitcoin Cash...
Web3 Lawyer Predicts US Crypto Upturn After Key Industry Wins This Year
31.8.2023
Digital asset lawyer Jeremy McLaughlin has expressed optimism on a re-ignition of the United States cryptocurrency market following landmark wins recorded by Ripple and Grayscale over the Securities and Exchange Commission (SEC).
Speaking on Aug. 31 at an Intersekt23 panel in Melbourne...
GoMining: A New Way to Mine Bitcoin
31.8.2023
An Analysis Into GoMining’s New NFT, and their Tokenomics Bitcoin mining company, GoMining, has changed the way we think about bitcoin mining with their GoMining NFTs, giving holders a share of ownership in their mining operations. With over 2,000 BTC paid out over the last two years...
Bitcoin price holds 200-day trend line as trader predicts low is in
31.8.2023
BTC price action is all about the 200-day moving average into the monthly close, and opinions on the outlook are increasingly polarized
Bitcoin Price Prediction: ETF Likelihood Rises; Robinhood Integration Curbs BTC Losses
31.8.2023
Bitcoin maintained a trading level of $27,280 on Thursday, experiencing a slight decrease of less than 1%. The market's momentum shifted due to a favorable judgment in Grayscale Investments' Bitcoin ETF lawsuit against the US Securities and Exchange Commission (SEC). ...
Read More: Bitcoin Price...
Bloomberg Analysts Boost Spot Bitcoin ETF Approval Odds After Grayscale’s Court Victory
31.8.2023
In early August 2023, Bloomberg ETF specialists Eric Balchunas and James Seyffart estimated a 65% probability for the approval of a spot bitcoin ETF. However, as August draws to its conclusion, and in light of a U.S. court siding with Grayscale over a legal tussle against the U.S. Securities...