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Bitcoin price dip may end Wednesday as Bitfinex bids hint at Fed 'buy the news' plans
14.12.2021
Bitfinex traders are betting on some upside following Wednesday's Federal Reserve comments on inflation and asset purchases
Bitcoin, Ethereum, and Altcoins Break Key Supports
14.12.2021
Bitcoin price failed to gain pace above the USD 49,200 resistance zone. BTC started a fresh decline and traded below the USD 48,000 support. It even broke the USD 47,200 support and is currently (04:18 UTC) keeps showing bearish signs.
Similarly, most major altcoins are gaining bearish...
Elon Musk Says Bitcoin Suitable for Store of Value, Dogecoin for Transactions as Time Names Him Person of the Year
14.12.2021
Tesla CEO Elon Musk, who has been named Time Magazine’s Person of the Year, says bitcoin is suitable as a store of value while the meme cryptocurrency dogecoin is more suitable for transactions. “Even though it’s created as a silly joke, dogecoin is better suited...
90% of Bitcoin’s Supply Cap Has Been Issued, Miners Have 119 Years Left to Mine BTC
13.12.2021
On December 12, crypto advocates celebrated the fact that 90% of the 21 million bitcoins that will ever exist have been mined into circulation. Currently, Bitcoin’s inflation rate per annum is around 1.88%, which is lower than the central banks’ traditional 2% target reference....
Bitcoin price slips below $47K as stocks, crypto prepare for this week’s FOMC meeting
13.12.2021
BTC, altcoins and stocks sharply sold-off as pressure builds ahead of this week’s FOMC meeting and the possibility that the Fed will taper its easy-money policies
5 Crypto Exchanges Custody 1.6 Million Bitcoin or Close to 8% of the Capped Supply
13.12.2021
As of December 12, around 90% of all the bitcoin that will ever exist is in circulation today, and the top five exchanges hold 1.6 million bitcoin. The bitcoin holdings on Coinbase, Binance, Huobi, Kraken, and Okex combined represent 7.96% of the 21 million bitcoin supply cap. The bitcoin held...
Bitcoin loses $48K on Wall Street open as trader warns altcoins look 'REKT' against BTC
13.12.2021
Bitcoin dominance holds firm despite fresh USD losses as traditional finance trading gets underway
‘Monster bull move’ means whales could secure the next Bitcoin price surge
13.12.2021
A classic bull run forecasting metric goes “full bull,” while whales look to hedge exposure to the Federal Reserve this week
Bitcoin and Ethereum Bears Remain In Control, OHM and SUSHI Rally
13.12.2021
Bitcoin price settled below the USD 50,000 pivot level. BTC could extend losses below USD 47,200 if it stays below USD 50,000. It is currently (11:54 UTC) showing bearish signs below USD 48,900, and only a close above USD 52,000 might start a steady increase.
Similarly, most major altcoins...
‘I think BTC is ready' — 5 things to watch in Bitcoin this week
13.12.2021
Evidence is mounting to support a BTC price breakout, but so far, resistance remains in control at $50,000
Bitcoin and Ethereum Consolidate Losses, DOT, LUNA, and AVAX Gain Momentum
13.12.2021
Bitcoin price attempted a recovery wave above USD 50,800 zone but failed to continue. It is currently (04:27 UTC) trading near USD 48,800, with a key support at USD 48,500.
Similarly, most major altcoins are struggling to recover. ETH could extend losses if there is a close below USD 3,880. XRP...
2 key Bitcoin trading metrics suggest BTC price has bottomed
12.12.2021
Bitcoin price has yet to reclaim the $50,000 level, but the actions of options market makers and margin traders at Bitfinex suggest the most recent correction is over
Bitcoin Hashrate Hits an All-Time High Suggesting Thousands of Next-Gen Machines Have Joined the Race
12.12.2021
While bitcoin prices have consolidated around the $50K zone, the network’s hashrate has reached an all-time high (ATH) on December 8, 2021, tapping 194.95 exahash per second. Bitcoin miners have increased their processing power a great deal despite the fact that mining bitcoin is 8.33%...
‘There’s More Work to Do’ — 11 Years Ago, Satoshi Nakamoto Sent a Final Message to the Bitcoin Community
12.12.2021
To this day, Satoshi Nakamoto is one of Bitcoin’s biggest mysteries as people have searched far and wide to uncover the creator’s identity. 11 years ago, on December 12, 2010, the pseudonymous blockchain programmer (or programmers) left a final message to the crypto community...
Prime Minister Modi’s Twitter Account Hacked — Tweets Bitcoin Legal Tender in India, Government Giving Away BTC
12.12.2021
The Twitter account of Indian Prime Minister Narendra Modi was compromised and a tweet was posted claiming that the government of India has adopted bitcoin as legal tender and purchased 500 coins to distribute to all residents in the country. This hack came at a critical time in India as...
Indian prime minister Modi's hacked Twitter account attempts BTC scam
12.12.2021
Soon after Modi's Twitter account with over 73.4 million followers got hacked, attackers shared misleading information about the mainstream adoption of Bitcoin and a 500 BTC giveaway
Florida Governor Ron DeSantis Proposes Creating a Cryptocurrency Payment System for State Fees
11.12.2021
The American politician and attorney serving as the 46th governor of Florida, Ron DeSantis, announced the state’s 2022-23 budget proposal last week and proposed an idea to let businesses pay state fees with crypto assets. The governor’s “Freedom First Budget” suggests...
Chainalysis to Offer Lightning Network Monitoring Service to VASPs in 2022
11.12.2021
On December 10, the blockchain intelligence firm Chainalysis revealed that the company has added support for Bitcoin’s second-layer protocol the Lightning Network (LN). According to Chainalysis, firms like exchanges and virtual asset service providers (VASPs) can leverage...
Trader who called 2017 Bitcoin price crash raises concerns over 'double top'
10.12.2021
The bearish setup sees Bitcoin price crashing to as low as $25,000
Bitcoin jumps past $50K as US CPI data shows highest inflation in nearly 40 years
10.12.2021
CPI data is in line with forecasts but still shows a huge spike, while the long-term consequences for Bitcoin are far from universally positive