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Bitcoin’s Hashrate Soars 42% Higher Over the Last 3 Months Following Crypto Asset’s 36% Price Increase
13.11.2021
While bitcoin has been hovering above the $60K handle for a great majority of the last 28 days, the network’s hashrate has jumped considerably during that time as well. Since August 13, Bitcoin’s hashrate has climbed 42% from 110 exahash per second (EH/s) to today’s 157 EH/s....
Finiko Fugitives Suspected of Moving 750 BTC From Crypto Pyramid’s Wallet
13.11.2021
A large amount of cryptocurrency has reportedly been withdrawn from a wallet previously controlled by the Finiko Ponzi scheme in Russia. The wallet’s unknown operators have transferred coins worth $48 million this month. The digital currency was split into smaller amounts and deposited...
Moonshot to $90K — After Bitcoin Upgrade Taproot Activates, Crypto Advocates Expect the Price to Rally
13.11.2021
In mid-June, the ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot locked in at block height 687,285 and was mined by the bitcoin mining pool Slushpool. Taproot is expected to activate on the network on Saturday, November 13, 2021, and the upgrade is considered...
Price analysis 11/12: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, SHIB, LUNA
12.11.2021
Bearish pressures mount against Bitcoin price and this could lead to sharp short-term pullbacks in the prices of many altcoins
SEC Rejects Vaneck Bitcoin Spot Market ETF Over Price Manipulation Concerns
12.11.2021
On Friday, November 12, the U.S. Securities and Exchange Commission (SEC) rejected Vaneck’s bitcoin spot market exchange-traded fund (ETF). The U.S. regulator noted that the denial was due to the lack of prevention toward “fraudulent and manipulative acts and practices.”...
13,000 BTC Moved in 20 Months — 2010 Mystery Miner Transfers Another String of 20 Decade-Old Block Rewards
12.11.2021
Two days ago on November 10, a mystery whale transferred 20 block rewards from 2010, which saw the movement of 1,000 decade-old bitcoins worth $68 million at the time of transfer. Two days later on November 12, the miner from 2010 returned once again, in order to transfer another string of 20 block...
SEC rejects VanEck’s spot Bitcoin ETF as BTC price falls below $63K
12.11.2021
The SEC said any rule change in favor of approving the ETF would not be “‘designed to prevent fraudulent and manipulative acts and practices” nor “protect investors and the public interest.”
Meet the Antminer S19 XP — Bitmain Reveals ASIC Manufacturer’s Most Powerful Bitcoin Miner
12.11.2021
At the World Digital Mining Summit in Dubai, the leading application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer, Bitmain, revealed the company’s most powerful bitcoin mining device to date. The new Antminer S19 XP will boast up to 140 terahash per second (TH/s)...
Bitcoin due to hit $90K 'in coming weeks' despite pullback — latest technical analysis
12.11.2021
It's a case of "if in doubt, zoom out" this week, as Bitcoin heads for a showdown with Taproot and ETF approvals
Bitcoin hitting $59K would be ‘extremely healthy,’ says trader as BTC price retreats
12.11.2021
A correction continues for Bitcoin during Friday, but it may not be over yet, and analysts are far from worried
Bitcoin Shows Bearish Signs, Ethereum and Altcoins Lose Momentum
12.11.2021
Bitcoin price faced resistance near the USD 65,500 level. BTC started a fresh decline and traded below USD 65,000. It is currently (11:57 UTC) showing bearish signs near USD 64,000 and it might extend losses towards USD 62,000.
Besides, most major altcoins resumed a downward move. ETH failed...
Bitcoin derivatives markets 'healthier' than in Q1, says research after fresh leverage shakeout
12.11.2021
A lot has changed in half a year among derivatives, and Bitcoin price gains are more sustainable as a result, new analysis reasons
Bitcoin Consolidates While Ethereum and Altcoins Inch Higher
12.11.2021
Bitcoin price declined below the USD 65,000 support level before there was a minor recovery. It is currently (04:20 UTC) trying to recover further and facing a major hurdle near USD 65,500.
Besides, most major altcoins are moving higher. ETH is gaining momentum and it could even surge above...
Analysts say Bitcoin price ‘dips are transitory,’ suggesting BTC will soon head to $75K
11.11.2021
Rising U.S. inflation and overblown fears about Evergrande contagion might be factors behind BTC’s recent pullback, but most analysts view the drop as a “necessary retest.”
Ukrainian MP ‘Fails to Provide Evidence of Where She Got Her BTC, ETH, ETC Stash'
11.11.2021
Ukraine’s corruption watchdog has unearthed what it believes is evidence of possible irregularities on an MP’s crypto declaration – and her cache of bitcoin (BTC), ethereum (ETH), and ethereum classic (ETC).
As previously reported, Ukrainian anti-corruption laws oblige all MPs to file declarations...
Here's why Bitcoin losing $6K in hours was good for BTC price action
11.11.2021
Derivatives exchanges hosted a "shake out" of positions that quickly reset funding rates to healthy levels
Bitcoin and Ethereum Struggle to Recover Higher, Small Altcoins Rally
11.11.2021
Bitcoin price started a downside correction below USD 66,000. BTC even declined below USD 65,000 to move into a short-term bearish zone. It is currently (11:47 UTC) back above USD 65,400 but is still showing bearish signs.
Besides, most major altcoins are also trying to recover losses....
'#DropGold worked' — Grayscale 'flippens' world's largest gold fund as AUM hits $60B
11.11.2021
The cryptocurrency investment giant has also seen "massive" options volume as gold takes a fresh beating and institutions seek Bitcoin exposure
This Is Why Bitwise Withdrew BTC Futures ETF
11.11.2021
The crypto index fund provider Bitwise Asset Management says it has withdrawn its application for a bitcoin (BTC) futures-backed exchange-traded fund (ETF) in the US, and will instead focus its efforts on getting a spot-based ETF across the finish line.
According to Bitwise’s chief investment...
Bitcoin and Ethereum Correct, Altcoins Follow
11.11.2021
Bitcoin price failed to stay above the USD 66,500 support level. BTC extended decline below the USD 65,500 support level and is currently (04:20 UTC) trading below USD 65,000. There is a risk of a move towards USD 63,200.
Besides, most major altcoins are also moving lower. ETH started a downside...