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‘No Middle Class Left,’ ‘Millions Will Be Wiped Out’ — Two Market Crash Predictions, Gas Cartels, and Whales Moving Mt Gox Coins: Bitcoin.com News Week in Review
4.9.2022
In this week’s Bitcoin.com News Week in Review, one market strategist issues a dire warning about the U.S. economy and a large market crash that could cause a “50 to 60 percent haircut” in stocks. Further, the Russian government is reportedly making moves to create a global...
Bitcoin's Price May Crash After Ethereum's 'Merge,' Researcher Says
2.9.2022
Artist and independent Kyle McDonald said on CoinDesk TV’s “First Mover,” the possibility Ethereum’s Merge will reduce energy costs by 99.95% is “highly realistic.”
As 10,000 Long-Dormant Bitcoins Finally Trade, Observers Wonder What's Up
2.9.2022
Blockchain data shows some 5,000 BTC moving despite prices well off the all-time high. One analyst said the wallet might be related to the crypto exchange Kraken, but it’s not clear how
Market Wrap: Bitcoin's Price Rises Amid Uncertainty
31.8.2022
Prices appear undervalued, but range-bound as well. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Bitcoin’s Mining Difficulty Change Prints 2022’s Second Largest Increase — Metric Nears All-Time High
31.8.2022
On Wednesday, Bitcoin’s mining difficulty jumped 9.26% higher, recording the second highest difficulty rise in 2022. The latest rise is Bitcoin’s third difficulty increase since August 4, 2022, and it’s now 11.63% harder to find bitcoin block reward. Bitcoin Difficulty Jumps...
Market Wrap: Bitcoin's Price Retreats Along With Stocks
30.8.2022
Risk assets trade down as global economic fears persist. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Whale Spends 10,000 BTC Worth $203M, Bitcoins Stem From the Infamous 2011 Mt Gox Hack
30.8.2022
In two days’ time, bitcoin’s price dropped to fresh August lows as it dipped below the $20K per unit region for the first time since mid-July. During that time, two addresses created on December 19, 2013 sent 10,000 bitcoin worth $203 million to unknown wallets after sitting idle...
Bitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the Cards
26.8.2022
While bitcoin prices hover just below the $22K mark, the leading crypto asset has still shed more than 9% against the U.S. dollar during the last two weeks. Despite the lower prices, Bitcoin’s hashrate has jumped significantly in recent times and block intervals have sped up a great deal....
Crypto Derivatives Industry 'Expects' Severe Regulation, Bitcoin’s Price to Return to USD 65K - Report
25.8.2022
More than half of global crypto derivatives industry representatives say they expect to see a more severe approach by the world’s regulatory agencies as a result of the recent decreases in the prices of cryptoassets – but a decisive majority of the surveyed experts argue that bitcoin (BTC) will...
Bitcoin's Pre-Jackson Hole Decline Leaves Room for 'Buy The Fact' Bounce
25.8.2022
"No matter what Powell says or the Fed does, the market insists on reading/hearing him dovish," one observer said
Accused Bitfinex Bitcoin Money Launderer Heather ‘Razzlekhan’ Morgan Speaks for the First Time Since Her Arrest
24.8.2022
Following the federal judge’s decision to give the accused Bitfinex money launderer Heather Morgan permission to “engage in legitimate employment,” Morgan has broken her silence on social media. Morgan’s Twitter account dubbed “Heather ‘Razzlekhan’...
Trust Machines: Changing Bitcoin’s Narrative by Adding More Utility to the Legacy Chain
24.8.2022
Bitcoin (BTC) is speedily moving away from its age-old narrative of being a “store of value” as emerging solutions accelerate the network’s expansion into previously uncharted territories. While dozens of second and third-generation blockchains have aggressively expanded their use-cases, especially...
Bitcoin's Weekly Chart Shows Bear Market Likely to Worsen or Does It?
23.8.2022
The upcoming weekly chart bearish crossover has a perfect record of trapping sellers on the wrong side of the market
Bitcoin's 10% Weekly Drop Puts Bears in Control Ahead of Jackson Hole Symposium
22.8.2022
Powell will skew on the hawkish side at Jackson Hole, analysts said
BlockFi tops revenue grower list with 250,000% increase, BitGo aims to sue Galaxy Digital, and Bitcoin’s price drops: Hodler’s Digest, Aug. 14-20
20.8.2022
Market Wrap: Bitcoin’s Price Plummets on Global Inflation Concerns
19.8.2022
The decline in crypto prices appears to be linked to poor inflation data in Germany. Bitcoin (BTC) sold off sharply in Friday trading, and was recently trading below $21,500, down more than 8% over the last 24 hours. The largest cryptocurrency by market capitalization is down 13% for the week.The...
Bitcoin’s Mining Difficulty Rises for the Second Time in a Row — It’s Now 0.63% Harder to Find a BTC Block
18.8.2022
On August 18, 2022, Bitcoin’s mining difficulty increased again after the 1.74% rise two weeks ago on August 4. At block height 749,952 at 7:07 a.m. (EST) the network’s mining difficulty rose by 0.63% from 28.17 trillion to 28.35 trillion Thursday morning. Bitcoin Network Records...
Market Wrap: Bitcoin's Price Retraces Again, Breaks Below Trendline
16.8.2022
Bitcoin declines for third consecutive day, on below average volume. Bitcoin (BTC) declined 1% on Tuesday, marking the second consecutive day of declines for the largest cryptocurrency by market capitalization. Ether’s (ETH) price fell 1.1%, reversing gains made overnight. The second-largest...
Crypto Twitter Sees 'Bearish Wedge' Pattern in Bitcoin's Price Recovery
16.8.2022
The rising wedge has strengthened the case for a renewed sell-off toward $16,400, one observer said
FSInsight: Ether May Well Surpass Bitcoin’s Market Cap in Next 12 Months
16.8.2022
If the blockchain’s Merge occurs as planned, the ether issuance rate will drop and daily selling pressure will reduce, the research firm said