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Bitcoin price hits 10-week low amid 'painful' US dollar rally warning
7.9.2022
The dollar is overdue for a correction which will briefly send risk assets, including crypto, "flying," one analyst concludes
A Crypto Analyst Reckons Off-Chain Bitcoin Activity is in Bull Market Right Now
7.9.2022
Zack Voell, a prominent crypto market researcher, has opined that while the pioneer cryptocurrency may be in a bear market in terms of price, there are signs to indicate that it is seeing bullish adoption with regard to off-chain activity.
Voell, who is an analyst at the Bitcoin mining software...
Bitcoin, Ethereum Technical Analysis: BTC Slips Below $19,000 Following Yesterday’s Failed Breakout
7.9.2022
Bitcoin fell below $19,000 on Wednesday, as the token failed to break out of a key resistance level during yesterday’s session. As a result of today’s sell-off, prices are now at their lowest point since June. Ethereum also declined, as bullish sentiment surrounding The Merge faded....
Bitcoin (BTC) Below $20K; What’s Happening With the Crypto King?
7.9.2022
Market leader Bitcoin moves in a negative trend while other cryptocurrencies are at least attempting to consolidate. Despite the huge active circulation, there have been no supply constraints to increase BTC value. Last time, the experts suggested a buying rally as BTC would move towards 100%...
Short Positions on Bitcoin Are at Record Going by Fund Inflows, CoinShares Reports
7.9.2022
Capital is flowing into short bitcoin (BTC) funds at a record rate, while regular long bitcoin funds continue to see outflows, new data from the crypto research and investment firm CoinShares shows....
Read More: Short Positions on Bitcoin Are at Record Going by Fund Inflows, CoinShares Reports
Analysts Predict Massive Capitulation for Bitcoin - But How Long Before Recovery?
7.9.2022
A massive capitulation could be ahead for bitcoin (BTC) if some analysts are to be believed. But according to others, it’s just a matter of time before money printers are turned back on around the world and BTC rises in response....
Read More: Analysts Predict Massive Capitulation for Bitcoin -...
Lawyer of Alleged Crypto Launderer Vinnik Calls on Russia to Talk Prisoner Swap With US
7.9.2022
A lawyer representing Russian IT specialist Alexander Vinnik has urged the government in Moscow to discuss a potential exchange of prisoners with the United States, where he was recently extradited. The French legal expert is convinced only a return to his homeland could save Vinnik who...
Bitcoin Price Prediction: Can BTC Retake 20k as Bond Yields Tick Higher?
7.9.2022
The world's largest cryptocurrency, Bitcoin, has been trading in a bearish market as the broad-based US dollar maintains strong positive traction. Bitcoin has dropped nearly 6% in the last 24 hours and more than 8% in the previous seven days and appears to be losing value among investors...
Brazilian Tax Authority Registers Record Number of Cryptocurrency Statements
7.9.2022
The Brazilian tax authority (RFB) has revealed its numbers corresponding to the month of July regarding cryptocurrency statements. More than one million Brazilians have declared cryptocurrencies in the month, which constitutes a record in statements for the organization. Also, there was a rise...
Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge
6.9.2022
While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated to Ethereum toward “other GPU mineable coins.”...
Ethereum Implements Bellatrix — Network’s Upcoming Paris Upgrade to Trigger The Merge, Validator Block Production
6.9.2022
The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS). Bellatrix was successfully codified into the codebase at epoch 144,896 on the Beacon chain...
BTC Mining Pool Poolin Suspends Wallet Withdrawals in Bid to ‘Stabilize Liquidity’
6.9.2022
The bitcoin (BTC) mining pool Poolin’s wallet arm – PoolinWallet – has announced that it will be “temporarily” suspending all withdrawals in a bid to “preserve assets and stabilize liquidity.” The pool blamed the issue on a spike in withdrawal requests....
Read More: BTC Mining Pool Poolin Suspends...
Traders say Bitcoin price bounce is overdue after a ‘massive’ BTC long position appears
6.9.2022
A Binance futures entity has been accumulating for days, and the result could be quite the squeeze, analysts believe
Hut 8 surpasses 8,000 BTC mark as it continues to HODL
6.9.2022
The Canadian mining operator has managed to HODL through tough market conditions while other miners have sold holdings to manage operational costs
Bitcoin, Ethereum Technical Analysis: ETH Above $1,600 as ‘Bellatrix’ Hard Fork Commences
6.9.2022
Ethereum rallied on Tuesday, as founder Vitalik Buterin confirmed a part of the “Merge” event was commencing today. In a tweet he stated: “What’s happening today is the Bellatrix hard fork, which prepares the chain for the merge.” Bitcoin was also higher, as...
What New UK Prime Minister Liz Truss Says About Cryptocurrencies
6.9.2022
Liz Truss, Britain’s new prime minister, previously said: “We should welcome cryptocurrencies in a way that doesn’t constrain their potential.” Truss beat former Chancellor of the Exchequer Rishi Sunak, who had a plan to make the U.K. a crypto-friendly nation. Liz Truss...
Crypto miner Poolin pauses BTC and ETH withdrawals, citing 'liquidity problems'
5.9.2022
“We will make a snapshot of the remaining BTC and ETH balances on pool on September 6th to work out the balances," said Poolin
Price analysis 9/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
5.9.2022
Bitcoin and altcoins are holding their immediate support levels, but traders are searching for a trigger to push the market higher
Another 5,000 Bitcoin Sourced From Mt Gox Wake up After Close to 9 Years of Dormancy
5.9.2022
Last week Bitcoin.com News reported on two old bitcoin addresses created in 2013 sending 10,001 bitcoin to a myriad of wallets. Heuristics and clustering techniques indicate that the bitcoins were associated with Mt Gox, roughly around the same time the exchange was hacked in June 2011. Five days...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Week
5.9.2022
Volatility in crypto markets remained high on Monday, as bitcoin was mostly in the red to start the week. The token has once again moved below $20,000, as prices appear to be consolidating. Ethereum was also trading sideways, with prices falling marginally below a key support level earlier in...