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Bitcoin may fall below $60K before ‘Hate Halving Rally’: Crypto Analyst


A cryptocurrency analyst with IncomeSharks predicts that Bitcoin could soon trade for less than $60,000. Such a fundamental change may lead to a contagion effect where investors start to sell their shares leading to a further decline. According to IncomeSharks, this decline would eliminate...

Bitcoin miners troubled by fresh legislation in Norway


Bitcoin miners in Norway are seemingly extremely troubled by the fresh set of legislations being passed, which will come with more stringent rules about the data centers that are running their businesses in the country. As per the legislation, it is now mandatory to formally register all data...

GBTC Continues to Lead Outflows as Bitcoin Spot ETFs See Net Outflow of $58M


Grayscale GBTC experienced a net outflow of $79.38 million from Bitcoin spot ETFs, contributing to its historical net outflow of $16.46 billion, while BlackRock ETF IBIT saw a net inflow of approximately $25.78 million. The post GBTC Continues to Lead Outflows as Bitcoin Spot ETFs See Net Outflow...

Bitcoin Mining Stocks Plummet as Miners Face Reduced Revenue Post Halving


Bitcoin mining companies are experiencing a significant decline in their stock prices as they face reduced revenue due to an upcoming code update for the largest cryptocurrency.  The post Bitcoin Mining Stocks Plummet as Miners Face Reduced Revenue Post Halving appeared first on Cryptonews

What makes the integration of Sports and Bitcoin a mutual victory?


Bitcoin, a cryptocurrency independent of the central bank, is currently one of the major players disrupting global financial transactions. The sports sector has recently seemed more willing to use Bitcoin for transactions and sponsorships. This collaboration is a win-win: sports organizations...

After Bitcoin’s halving, will Altcoins be able to weather the storm?


A standard Bitcoin halving has the same effect on altcoins as it does on Bitcoin’s supply and demand. Fans and investors in cryptocurrencies are interested in the response of altcoins to Bitcoin. In the face of the Bitcoin halving, alternative cryptocurrencies encounter a multitude...

Bitcoin price slips as halving nears: History repeats itself


Global influences have had a huge effect on fiat currencies and cryptocurrencies, with markets resulting in a sharp decline in Bitcoin values. The present trading scenario has pushed the value of Bitcoin to decrease, suggesting that a bearish sentiment persists in the market. This trading scenario...

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