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With Over 90% of BTC’s Supply Issued, Bitcoin’s Mining Difficulty Reaches a Lifetime High
2.4.2022
Bitcoin’s mining difficulty increased this week on March 31, 2022, at block height 729,792 for the first time since February 17. The network’s difficulty jumped 4.31% higher bringing the metric to a lifetime high at 28.59 trillion. Since the increase, the network’s hashrate...
Vaneck Report Calculates Bitcoin Price Could Tap $4.8M if BTC Becomes the Global Reserve Currency
2.4.2022
On Thursday, the investment firm Vaneck published a blog post that calculates how much gold or bitcoin would be worth if the two assets became global reserve assets. Vaneck’s report explained that the investment team “attempted to quantify the emergence of new gold or bitcoin-backed...
Bitcoin, Ethereum Technical Analysis: ETH Climbs to $3,500 to Start the Weekend
2.4.2022
ETH rose to its highest level since the start of January to begin the weekend, as prices rose following yesterday’s consolidation. BTC also rallied, however remains below this week’s high of over $48,000. Bitcoin Although BTC started the weekend trading below this week’s high...
Mt. Gox wallet transfers 6,800 BTC as ex-CEO plans to redistribute $6B
2.4.2022
Former CEO Mark Karpeles disclosed that the exchange had roughly 200,000 BTC in possession during the company’s closure, out of which the trustee sold 50,000 BTC for $600 million in the past
Bitcoin regains yearly open as trader says $50K next week 'might be likely'
2.4.2022
All that keeps Bitcoin price action from its next milestone is a fresh dip below $45,000
Bitcoin network difficulty reaches all-time high as miners pursue 2M BTC
2.4.2022
Bitcoin’s hash rate maintained a stronghold throughout the year as it compliments the new ATH for BTC network difficulty
19 Million Bitcoin Have Been Mined Into Circulation, 2 Million Left to Be Found
2.4.2022
On April 1, 2022, records show that 19 million bitcoin have been mined into circulation. With the max supply set at 21 million, there’s only two million bitcoins left to be found by mining participants. Satoshi’s Mathematical and Predictable Design — 19 Million Bitcoins Have...
Bitcoin recovers the $46K level, but several factors could prevent a stronger breakout
1.4.2022
Traders say BTC is following the expected trajectory, but several macroeconomic factors and geopolitical tensions remain a threat to Bitcoin hitting a new all-time high
Price analysis 4/1: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE
1.4.2022
Bulls set their targets on new highs now that the brief consolidation phase in BTC and altcoins appears to have ended
Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Day Low, as Nonfarm Payrolls Are Marginally Lower
1.4.2022
Bitcoin fell to its lowest level this week, following Friday’s nonfarm payrolls report, which came in marginally below expectations. 431,000 jobs were added to the U.S. economy versus forecasts for an addition of 490,000. ETH also reacted to the news, finally moving below $3,400. Bitcoin...
Bitcoin fights for support as BTC price loses $46K yearly open
1.4.2022
BTC price breaking out of its established trading range is proving harder than expected
Bitcoin and Ethereum Try to Recover Losses, WAVES and ZIL Trim Gains
1.4.2022
After bitcoin started a fresh decline from the USD 48,000 resistance zone and spiked below the USD 45,000 support zone, it managed to return above this level and is currently (11:31 UTC) trading near USD 45,200 again. BTC is down 4% in a day.
Similarly, most major altcoins are trying to recover...
Bitcoin 'dormant' for 7+ years moved right before BTC price dropped 5%
1.4.2022
More long-dead BTC moved this week than at any time since just before the $20,000 all-time high in December 2017
Bitcoin and Ethereum U-Turned, Altcoins Slide
1.4.2022
Bitcoin price failed to clear the USD 48,000 resistance zone and traded below USD 45,000. It is currently (04:29 UTC) down 5% and trading near USD 44,700.
Similarly, most major altcoins are gaining bearish momentum. ETH is down 4% and there was a move below the USD 3,250 support. XRP...
Analysts debate Bitcoin’s next step after today’s $45.5K retest
1.4.2022
BTC finally hit the projected $45,000 support zone, but analysts have mixed views on whether continuation or consolidation will be the next step
Cleanspark Reveals Texas Expansion — Bitcoin Miner Plans to Add 500 MW of Mining Power
31.3.2022
Bitcoin miner Cleanspark has revealed the company is expanding operations in Texas with up to 500 megawatts (MW) of renewable power. The firm has inked a deal with the Houston-based Lancium to initially secure 200 MW of Lancium’s renewable power and has the option to obtain 300 MW more going...
Luna Foundation Bitcoin Wallet Nears Tesla’s Stash, BTC Address Is the 29th Largest Wallet Today
31.3.2022
On March 26, the Luna Foundation Guard (LFG) held 24,954.95 bitcoin and during the last five days, LFG’s bitcoin wallet accumulated 5,773.02 bitcoin. At the time of writing, LFG’s wallet now holds 30,727.97 bitcoin worth more than $1.4 billion using today’s exchange rates. In...
Bitcoin suddenly dives to $46K as attention focuses on large CME futures gaps
31.3.2022
There are forces at work which could take BTC price action back to $44,500 in the short term, analysts reveal
Bitcoin, Ethereum Technical Analysis: ETH Remains Above $3,400 Despite Bullish Momentum Slowing
31.3.2022
Ethereum was trading above the $3,400 level for a third consecutive session, however bullish momentum has somewhat eased, as market uncertainty has gradually risen. With prices trading near resistance levels, bulls have pulled back, giving way to bears looking at re-entering the market. Bitcoin...
Bitcoin and Ethereum Still Range-Bound, SOL Inches Higher, ZIL Trims Gains
31.3.2022
Bitcoin price is still consolidating above the USD 47,000 level and is currently (11:48 UTC) trading near USD 47,100. It’s almost unchanged in a day.
Meanwhile, ETH is stuck near USD 3,400, while XRP is still below the USD 0.90 resistance. ADA is trying to reach the USD 1.245 resistance.
Total...