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Bitcoin price threatens lowest weekly close since 2020 as inflation spooks markets
11.6.2022
BTC price action needs to reclaim the $29,500 mark to avoid resuming its pattern of lower lows on the weekly chart
Bitcoin, Ethereum Technical Analysis: ETH Falls to 15-Month Low to Start the Weekend
11.6.2022
Crypto prices plunged as the weekend commenced, following yesterday’s U.S. inflation report, which came in at a 40-year high of 8.6%. ETH fell to its lowest point in fifteen months, while BTC dropped below $29,000. Bitcoin Following days of consolidation, BTC finally moved late on Friday...
Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per Second
11.6.2022
While Bitcoin’s mining difficulty was expected to decrease two days ago on June 8, instead the difficulty increased by 1.29% on Wednesday. On the same day, at block height 739,928, Bitcoin’s hashrate tapped an all-time high (ATH) reaching 292.02 exahash per second (EH/s)....
Report: Luxury Fashion Retailer Farfetch to Accept Crypto Assets for Payments
10.6.2022
The British-Portuguese luxury fashion retailer Farfetch said it will accept crypto assets soon thanks to a partnership with the German crypto platform Lunu. Farfetch will accept seven different crypto assets including bitcoin, ethereum, and binance coin, and the feature will be rolled out to select...
Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate
10.6.2022
Global financial markets and crypto sold off after June 10’s 8.6% CPI print showed inflation remains a persistent challenge
Price analysis 6/10: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB
10.6.2022
BTC and altcoins are on the verge of falling below critical support levels, and today’s higher than expected CPI report isn’t helping
Bitcoin Price Outlook for June — Market Conditions Show Uncertainty
10.6.2022
Ten days into June, bitcoin continues to trade lower, with prices hovering close to a twelve-month low. Despite this, there continues to be optimism around potential rallies in price over the next few weeks. Overall, there is still a lot of uncertainty in the market, with the potential for either...
Ethereum eyes fresh yearly lows vs. Bitcoin as bulls snub successful 'Merge' rehearsal
10.6.2022
ETH price could drop by another 25% this month, a mix of technical and fundamental indicators suggest
Bitcoin price falls under $29.5K after 'unexpected' 40-year high US inflation
10.6.2022
The ghost of the highest inflation since 1981 gets traders pricing in three more 0.5% rate hikes by October
Bitcoin, Ethereum Technical Analysis: BTC Prices Stall, Heading Into Weekend
10.6.2022
Bitcoin prices were mainly unchanged early in Friday’s session, as traders prepared for the weekend. Following a strong start to the week, crypto prices have mostly consolidated in recent days. ETH was once again trading close to support at $1,750. Bitcoin Following a strong start to...
Bitcoin Fails to Retrace; Will BTC Return Profits?
10.6.2022
Being the largest cryptocurrency surely calls for some impact. BTC’s consolidation has already shaken the altcoin valuations, and it will be tough to expect any magical retracements without Bitcoin improving its stance. The steep decline from $48000 to $28000 came as a shock. However, this provided...
Bitcoin Lightning Network Capacity charges through 4,000 BTC
10.6.2022
The layer-2 technology built on Bitcoin now has 4,000 Bitcoin or $120 million locked up allowing for near-instant payments around the world
Bitcoin and Ethereum Could End The Week Lower
10.6.2022
Bitcoin price failed to stay above the USD 30,500 support zone. BTC even declined below the USD 30,000 level. It is currently (11:10 UTC) showing a few bearish signs and remains at a risk of a move below USD 29,500.
Similarly, most major altcoins are showing bearish signs. ETH is now trading well...
Bitcoin's real energy use questioned as Ethereum founder criticizes BTC
10.6.2022
A founding member of Ethereum has claimed that Bitcoin uses nearly 1% of the world’s electricity, but different sources put it substantially lower
$30K BTC price has 'severe impact' on Bitcoin miner profits — analysis
10.6.2022
Miners are facing an increasingly problematic climate for participating in the Bitcoin blockchain, and only higher BTC prices can help
Tim Draper Still Sees Bitcoin (BTC) Surpassing $250k By Year End. Can Gnox (GNOX) Redefine the DeFi Space?
10.6.2022
Legendary venture capitalist Tim Draper made waves in the crypto community when he predicted Bitcoin would fly to $250,000 by the end of 2022 during a CNBC interview in June 2021. With Bitcoin currently trading at around $30,000, moving in a band between $28,000 and $31,000, the end of Q2 is...
Bitcoin and Ethereum Fluctuate in a Range, LINK and XTZ Outperform
10.6.2022
Bitcoin price remained below the USD 31,200 resistance and moved towards USD 30,000 again. BTC is currently (03:52 UTC) trading below USD 30,200 and is unchanged in a day and down 1% in a week. A clear move below USD 29,500 could start a stronger decline.
Similarly, most major altcoins...
‘Education Is Power’— Jack Dorsey and Jay-Z Launch a Bitcoin Academy in Brooklyn
9.6.2022
The founder of financial tech company Block Inc., Jack Dorsey announced he is collaborating with the rapper Jay-Z by launching a Bitcoin Academy in Brooklyn. The Bitcoin Academy’s mission aims to empower and provide education to the region. The project’s website further details that...
Bitcoin derivatives data forecasts sub-$30K BTC price heading into Friday’s $800M options expiry
9.6.2022
Bulls placed too much hope on $32,000 flipping to support, an error that is bound to show by Friday’s $800 million BTC options expiry
LUNA2 traders are increasingly short despite 67.5% rally, $4 million liquidated
9.6.2022
Downside pressure for Terraform Labs' LUNA2 mounts amid investigations and rumors from a "Terra insider."