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October 2020 Déjà vu? Bitcoin pullback at $38K has traders at odds over next move
27.7.2021
Bitcoin consolidates below $38,000 following yesterday’s rally above $40,000 while altcoins give back most of their gains
Bitcoin Mining Difficulty Parameter Set to Increase for the First Time in 8 Weeks
27.7.2021
Bitcoin’s hashrate has slowly crept back up between 85 exahash per second (EH/s) to 125 EH/s on July 14. The increase in hashpower has made it so the next mining difficulty change will increase for the first time in eight weeks. The four consecutive difficulty drops turned out to be...
GBTC premium matches Bitcoin price crash levels as unlocking fear fades
27.7.2021
Funds are flowing back into GBTC, data suggests, as CEO Sonnenshein reiterates plans to turn Grayscale crypto funds into ETFs
Bitcoin price seeks higher low as trader forecasts $45K breakout within weeks
27.7.2021
Bitcoin will need several attempts, but resistance should ultimately fall to bulls, but a healthy consolidation is also required, market participants explain
Institutions continue offloading BTC exposure despite price rebound
27.7.2021
Bitcoin funds are still in decline as institutional sentiment remains bearish
Bitcoin, Ethereum Correct Gains; Amazon Denies Rumor, Tesla Still Holds BTC
27.7.2021
Bitcoin price gained pace above the USD 38,000 resistance level. BTC even spiked above USD 40,000, but it faced a strong rejection. A high was formed near USD 40,500 and the price is currently (03:40 UTC) correcting gains.
Similarly, most major altcoins are correcting gains also. ETH topped near...
Tesla reports record $1B income for Q2 despite $23M impairment loss on BTC
27.7.2021
Tesla’s latest earnings report showed that the firm conducted no digital asset purchases or sales in Q2, but reported an impairment loss of $23 million on its BTC holdings
Tesla Reveals Bitcoin Holdings Worth $1.3 Billion in Q2, $23 Million BTC Impairment
27.7.2021
Elon Musk’s electric car company, Tesla, is holding bitcoin worth $1.311 billion. The company did not buy or sell any bitcoin during the second quarter but recorded bitcoin-related impairment of $23 million. Tesla’s action reaffirms Musk’s prior statement that neither he nor Tesla...
Is it Real to Earn Free BTC With Cloud Mining Apps?
27.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Over the course of the last 10 years, we have all gotten very used to Bitcoin mining that involves specialized ASIC miners, and huge warehouses full of rigs, typically located in China. Nevertheless, with...
Bitcoin price drop to $37K has analysts wary of calling a ‘trend change’
27.7.2021
Bitcoin price sold off below $37,000 shortly after topping $40,500, leading analysts to caution that bears still have a few tricks up their sleeves
Bitcoin hits $40K after a 6-week absence, but on-chain activity is 'somewhat bearish'
26.7.2021
BTC price is back above $40,000, but not every data point signals that a bullish impulse move is in the making
Price analysis 7/26: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
26.7.2021
Traders are hopeful that Bitcoin’s bounce from $29,000 to $40,000 and the strong rally seen in altcoins is a signal that the bull market has resumed
Jeff Bezos Directs Amazon to Accept Bitcoin and Other Popular Cryptocurrencies: Report
26.7.2021
Amazon is reportedly planning to accept bitcoin by the end of the year, after which the company will roll out support for other major cryptocurrencies. Furthermore, the company is exploring launching its own cryptocurrency. “The directive is coming from the very top … Jeff Bezos...
Robinhood's Crypto Plans, BTC and ETH Investment Flows + More News
26.7.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Vlad Tenev, CEO of the popular trading app Robinhood, said that crypto is vital to the app’s future and that a wallet may be...
Massive Short Squeeze Pushes Bitcoin Closer to $40K, Crypto Economy Jumps 9% Higher
26.7.2021
The price of bitcoin jumped over 15% in a matter of three hours on Sunday evening and came awfully close to the $40K handle. Since then, the crypto asset has dropped back a few percentages and currently hovers above the $38K range. The entire cryptocurrency economy has spiked 9.72% rising to $1.53...
Bitcoin ETF 'not happening in 2021,' says Wilshire Phoenix co-founder
26.7.2021
The United States SEC may not approve a Bitcoin exchange-traded fund until 2023, according to a former BTC ETF expectant
BTC price burns bears en route to $40K: 5 things to watch in Bitcoin this week
26.7.2021
A surge towards $40,000 brings hope to those who have endured months of bearish drawdowns, but is it enough to continue the bull market?
BTC gains 15% in 3 hours amid tight squeeze
26.7.2021
Bitcoin has quickly surged to test resistance at $40,000 for the first time this month
Portfolio Strategist Expects Cardano to Become Mainstream Cryptocurrency Alongside Bitcoin and Ether
26.7.2021
A portfolio strategist for American financial services firm Morningstar says that cardano could become a mainstream cryptocurrency alongside bitcoin and ether, forming a “big three” of mainstream cryptocurrencies. Strategist Believes Cardano, Ether, Bitcoin Could Become Mainstream...
Top 5 cryptocurrencies to watch this week: BTC, ETH, ICP, AAVE, LUNA
25.7.2021
ETH, ICP, AAVE and LUNA could rally higher over the coming days if BTC funds support above the 50-day moving average