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Bitcoin whales send BTC to futures exchanges in 'classic' bottom signal
8.9.2022
Avoiding fallout from positions "putting in a local bottom" has been standard practice for prior BTC price bottoms, one analyst shows
Ethereum Trims Losses and Rallies While Bitcoin Lacks Momentum
8.9.2022
Bitcoin price extended losses and traded close to USD 18,500. BTC formed a base and started an upside correction above USD 19,000. It is currently (04:00 UTC) facing a major resistance near the USD 19,500 pivot zone.
Besides, most major altcoins managed to trim most losses and recovered....
Bitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million
7.9.2022
The bitcoin mining company Cleanspark revealed on Wednesday that the company has signed a purchase agreement for 10,000 new Bitmain Antminer S19j Pro mining rigs for $28 million. Cleanspark expects the machines to be delivered to the company’s facilities by the end of October or early...
Bitcoin is pinned below $20K as the macro climate stifles hope for a sustainable BTC bull run
7.9.2022
BTC bulls have a chance to profit from this week’s $410 million options expiry, but the factors pulling down equities markets reduce the chance of Bitcoin changing its trend
Price analysis 9/7: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
7.9.2022
Bitcoin and select altcoins have dropped to critical support levels and the strength of the rebound lacks strength, increasing the risk of further downside
Bitcoin price hits 10-week low amid 'painful' US dollar rally warning
7.9.2022
The dollar is overdue for a correction which will briefly send risk assets, including crypto, "flying," one analyst concludes
A Crypto Analyst Reckons Off-Chain Bitcoin Activity is in Bull Market Right Now
7.9.2022
Zack Voell, a prominent crypto market researcher, has opined that while the pioneer cryptocurrency may be in a bear market in terms of price, there are signs to indicate that it is seeing bullish adoption with regard to off-chain activity.
Voell, who is an analyst at the Bitcoin mining software...
Bitcoin, Ethereum Technical Analysis: BTC Slips Below $19,000 Following Yesterday’s Failed Breakout
7.9.2022
Bitcoin fell below $19,000 on Wednesday, as the token failed to break out of a key resistance level during yesterday’s session. As a result of today’s sell-off, prices are now at their lowest point since June. Ethereum also declined, as bullish sentiment surrounding The Merge faded....
Bitcoin (BTC) Below $20K; What’s Happening With the Crypto King?
7.9.2022
Market leader Bitcoin moves in a negative trend while other cryptocurrencies are at least attempting to consolidate. Despite the huge active circulation, there have been no supply constraints to increase BTC value. Last time, the experts suggested a buying rally as BTC would move towards 100%...
Short Positions on Bitcoin Are at Record Going by Fund Inflows, CoinShares Reports
7.9.2022
Capital is flowing into short bitcoin (BTC) funds at a record rate, while regular long bitcoin funds continue to see outflows, new data from the crypto research and investment firm CoinShares shows....
Read More: Short Positions on Bitcoin Are at Record Going by Fund Inflows, CoinShares Reports
Analysts Predict Massive Capitulation for Bitcoin - But How Long Before Recovery?
7.9.2022
A massive capitulation could be ahead for bitcoin (BTC) if some analysts are to be believed. But according to others, it’s just a matter of time before money printers are turned back on around the world and BTC rises in response....
Read More: Analysts Predict Massive Capitulation for Bitcoin -...
Lawyer of Alleged Crypto Launderer Vinnik Calls on Russia to Talk Prisoner Swap With US
7.9.2022
A lawyer representing Russian IT specialist Alexander Vinnik has urged the government in Moscow to discuss a potential exchange of prisoners with the United States, where he was recently extradited. The French legal expert is convinced only a return to his homeland could save Vinnik who...
Bitcoin Price Prediction: Can BTC Retake 20k as Bond Yields Tick Higher?
7.9.2022
The world's largest cryptocurrency, Bitcoin, has been trading in a bearish market as the broad-based US dollar maintains strong positive traction. Bitcoin has dropped nearly 6% in the last 24 hours and more than 8% in the previous seven days and appears to be losing value among investors...
Brazilian Tax Authority Registers Record Number of Cryptocurrency Statements
7.9.2022
The Brazilian tax authority (RFB) has revealed its numbers corresponding to the month of July regarding cryptocurrency statements. More than one million Brazilians have declared cryptocurrencies in the month, which constitutes a record in statements for the organization. Also, there was a rise...
Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge
6.9.2022
While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated to Ethereum toward “other GPU mineable coins.”...
Ethereum Implements Bellatrix — Network’s Upcoming Paris Upgrade to Trigger The Merge, Validator Block Production
6.9.2022
The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS). Bellatrix was successfully codified into the codebase at epoch 144,896 on the Beacon chain...
BTC Mining Pool Poolin Suspends Wallet Withdrawals in Bid to ‘Stabilize Liquidity’
6.9.2022
The bitcoin (BTC) mining pool Poolin’s wallet arm – PoolinWallet – has announced that it will be “temporarily” suspending all withdrawals in a bid to “preserve assets and stabilize liquidity.” The pool blamed the issue on a spike in withdrawal requests....
Read More: BTC Mining Pool Poolin Suspends...
Traders say Bitcoin price bounce is overdue after a ‘massive’ BTC long position appears
6.9.2022
A Binance futures entity has been accumulating for days, and the result could be quite the squeeze, analysts believe
Hut 8 surpasses 8,000 BTC mark as it continues to HODL
6.9.2022
The Canadian mining operator has managed to HODL through tough market conditions while other miners have sold holdings to manage operational costs
Bitcoin, Ethereum Technical Analysis: ETH Above $1,600 as ‘Bellatrix’ Hard Fork Commences
6.9.2022
Ethereum rallied on Tuesday, as founder Vitalik Buterin confirmed a part of the “Merge” event was commencing today. In a tweet he stated: “What’s happening today is the Bellatrix hard fork, which prepares the chain for the merge.” Bitcoin was also higher, as...