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Here's why Bitcoin bears aim to pin BTC under $39K ahead of Friday's $1.9B options expiry
27.4.2022
Holding BTC price below $39,000 will give bears a $350 million profit in this week’s $1.9 billion options expiry
Trader flags BTC price levels to watch as Bitcoin still risks $30K 'ultimate bottom'
27.4.2022
A lot rests on the U.S. dollar cooling its bull run and fast, Michaël van de Poppe says, with Bitcoin's upside potential still impressive
Bitcoin Mining Difficulty Nears Another All-Time High while BTC Trends Lower
27.4.2022
Bitcoin (BTC) mining difficulty is set to hit yet another all-time high (ATH) today, less than a month after the previous one, cutting into the decreasing profit margins of miners. ...
Read More: Bitcoin Mining Difficulty Nears Another All-Time High while BTC Trends Lower
Working Study Says Despite Legal Tender Status, Bitcoin Is Not a Widely Accepted Medium of Exchange in El Salvador
27.4.2022
According to a working study published by the U.S. National Bureau of Economic Research (NBER), most Salvadorans stopped using the Chivo wallet after getting their $30 bitcoin bonus. The report shows that the median Chivo wallet user made no deposits or withdrawals in a given month. NBER Study:...
Bitcoin, Ethereum Technical Analysis: BTC Slips Below $40,000 yet Again, Following Brief Rebound on Tuesday
27.4.2022
Following a brief rally on Tuesday, BTC once again dropped below the $40,000 level during today’s session. Wednesday’s selloff has seen prices fall by as much as 4%, whilst ETH also declined by the same amount. Bitcoin The world’s largest cryptocurrency moved lower...
Ex-BitMEX CEO explains how Bitcoin will hit $1 million by 2030
27.4.2022
The European Union "is finished," Arthur Hayes says, while yield curve control will put the U.S. in a "doom loop."
Bitcoin and Ethereum Struggle to Recover Higher, DOGE Dives, APE Gains
27.4.2022
Bitcoin price formed a base above the USD 38,000 level and recovered above the USD 38,700 level. It is currently (12:03 PM UTC) trading around USD 39,000 and is facing a strong resistance near USD 39,200. BTC is down almost 4% in a day and 6% in a week.
Similarly, most major altcoins are facing...
Purpose Bitcoin ETF adds 1.1K BTC as data hints investors want to 'buy the dip'
27.4.2022
The world's flagship Bitcoin spot ETF is back buying Bitcoin after spending four weeks reducing its holdings
As Bitcoin Keeps Tanking, Arthur Hayes Joins Chorus of USD 1m BTC Predictors and Warns of 'The Doom Loop'
27.4.2022
With the price of bitcoin (BTC) falling lower, former BitMEX CEO Arthur Hayes is joining the ranks of the most bullish bitcoin proponents, with a USD 1m price prediction as part of what he calls “the doom loop” that started with sanctioning Russia over its invasion of Ukraine.
“The shock...
Bitcoin (BTC) Tanks After News of Musk’s Twitter Acquisition!
27.4.2022
Despite maintaining its position as the top blockchain contender for 2022, Bitcoin has a lot of upcoming challenges on its way. Elon Musk is a popular name that can disrupt or create a shortage of tokens based on his perception of cryptocurrencies and their technologies. The day news broke out...
Bitcoin rebounds off 6-week lows amid warning of 'brutal' BTC price bull trap
27.4.2022
As the U.S. dollar challenges March 2020 highs, all bets are off when it comes to fresh Bitcoin price strength
New York State Assembly passes ban on new BTC mines that don't use green power
27.4.2022
The bill will now be carried with support to the Senate for passing before a final sign-off into law by Governor Hochul
Bitcoin Tests USD 38K, Ethereum Struggles, Altcoins in Red
27.4.2022
Bitcoin price struggled to extend gains above the USD 40,500 level and started a sharp decline below the USD 39,000 level. It even spiked below USD 38,000 and is currently (04:09 UTC) consolidating losses near USD 38,400. BTC is down 5% in a day and almost 8% in a week....
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Failure to launch: Australia’s first 3 crypto ETFs all miss launch day
27.4.2022
Three cryptocurrency exchange-traded funds (ETFs) scheduled to launch on the Cboe Australia exchange today were delayed due to “checks” still being undertaken
Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022
27.4.2022
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report that discusses the bitcoin mining...
Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City
26.4.2022
On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the announcement, the city of Fort Worth has partnered with the Texas Blockchain Council to embark on the crypto mining endeavor....
Altcoins sell-off as Bitcoin price drops to its ‘macro level support’ at $38K
26.4.2022
BTC price fell below $38,000 as tech stocks sold off and traders cautiously watched to see if Bitcoin can hold its “macro level support” zone
Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital
26.4.2022
On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims to leverage the funds for growth capital expenditures. Cleanspark to Bolster Growth Expenditures...
Fidelity’s New 401(k) Product Lets Workers Add Up to 20% in Bitcoin to Their Retirement Plans
26.4.2022
The multinational financial services corporation based in Boston, Fidelity Investments, has revealed the firm is allowing people to add bitcoin into their 401(k) plan as long as the employer allows it. According to Fidelity’s head of workplace retirement offerings, the company has seen...
Bitcoin fails to hold $40K with traders still hoping for a BTC price relief bounce
26.4.2022
The latest relief rally which began Monday fizzles less than a day later, while Dogecoin continues its bullish vibe