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Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market Downturn
29.9.2022
While bitcoin is down more than 72% from the crypto asset’s all-time high, bitcoin mining operations are expanding at a rapid pace during the downturn. On Tuesday, the bitcoin miner Cleanspark said its hashrate has surpassed 4 exahash per second (EH/s), and the Texas mining company Rhodium...
Bitcoin price slips under $19K as official data confirms US recession
29.9.2022
Politicians continue to argue about whether the U.S. economy is in recession, even as data highlights two consecutive quarters of negative growth. Meanwhile, BTC holds $19,000, for now
Bitcoin, Ethereum Technical Analysis: Market Volatility Remains High, as BTC Climbs Above $19,000
29.9.2022
Volatility in cryptocurrency markets remained high on Thursday, as markets began to consolidate following a recent red wave. Bitcoin was back above $19,000 in today’s session, with ethereum also rebounding following recent losses. As of writing, the global crypto market cap is up 2.43%...
Bitcoin Price and Ethereum Eye Crucial Bullish Break
29.9.2022
Bitcoin price recovered above the $19,000 and $19,200 level. BTC is currently (10:30 UTC) eyeing an upside break above the $19,650 resistance. If the bulls succeed, the price could rally 5%-8%.
Similarly, most major altcoins might start a fresh increase. ETH is consolidating above $1,300 and might...
Bitcoin price skirts $19.3K amid fear over 'mother of all rug pulls'
29.9.2022
Volatility has yet to make an appearance on hourly timeframes as the clock ticks down to the September close
Bitcoin Price and Ethereum Hold Strong, HNT and SNX Rally
29.9.2022
Bitcoin price remained strong above the $18,500 support zone. BTC formed a base and started a fresh increase above $19,000. It is currently (03:10 UTC) consolidating above the $19,200 level and eyes more upsides.
Similarly, most major altcoins recovered losses. ETH found support near $1,255...
Price analysis 9/28: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
28.9.2022
BTC price caught a bid, leading to a similar-sized boost in select altcoins, but on a macro level, $20,000 remains a strong overhead resistance
Bitcoin price charges higher, but whales line up to sell BTC at $20K
28.9.2022
Analysts claim "mega whales" will make it very difficult for BTC traders to flip $20,000 to support
Bitcoin holds $19K, but volatility expected as Friday's $2.2B BTC options expiry approaches
28.9.2022
Traders expect an uptick in volatility due to the possibility of September’s $2.2 billion options expiry putting pressure on BTC price near a critical support level
Bitcoin 'great detox' could trigger a BTC price drop to $12K — Research
28.9.2022
A lack of interest below the June macro lows could spell serious problems for Bitcoin, Glassnode warns
Bitcoin Network’s Mining Difficulty Drops for the First Time in 2 Months
28.9.2022
Following four consecutive Bitcoin mining difficulty increases, the network’s difficulty dropped for the first time in 68 days, sliding 2.14% at block height 756,000 on Tuesday. The change means it’s currently 2.14% easier to find a bitcoin block reward following the mining...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower as Powell Claims There Are ‘Structural Issues’ With Cryptocurrency
28.9.2022
Bitcoin was back in the red on Wednesday, as U.S. Federal Reserve Chair Jerome Powell called for more regulation in decentralized finance (defi), citing “structural issues” as a key reason. The token fell below $19,000 on the comments, moving closer to a key support point as a result....
Bitcoin Price and Ethereum Hold Crucial Support, RSR Gains 50% In A Week
28.9.2022
Bitcoin price declined sharply below the $19,500 support zone. BTC found support near the key $18,500 zone. It is currently (11:00 UTC) correcting losses and facing resistance near the $19,300 level.
Similarly, most major altcoins are slowly correcting losses. ETH tested the main $1,255 support...
BTC price stays under $19K amid hopes Q4 will end Bitcoin bear market
28.9.2022
Fresh losses are contained only after $2,000 gets wiped from the BTC spot price, with a recovery yet to make an appearance
Bitdeer Sets Up $250M Fund to Acquire Assets From Financially Distressed Bitcoin Miners
28.9.2022
According to a representative from the bitcoin mining company backed by the Chinese crypto billionaire Jihan Wu, Bitdeer is crafting a $250 million fund to buy distressed assets from embattled bitcoin miners. Bitdeer’s chief executive officer Matt Kong details that...
Bitcoin think tank: Reject CBDCs and look to BTC and stablecoins instead
28.9.2022
The paper's authors say Central Bank Digital Currencies are problematic for the future of individual and economic freedom but crypto is a viable alternative
Bitcoin Price and Ethereum Reverse Sharply, Key Support Nearby
28.9.2022
Bitcoin price attempted a strong increase above the $20,000 resistance zone. BTC failed and declined sharply below $19,000. It is currently (03:10 UTC) showing bearish signs, but it is testing a major support at $18,500.
Similarly, most major altcoins started a steady decline. ETH broke the $1,300...
South Korea Seeks to Freeze 3,313 Bitcoin Allegedly Linked to Luna Founder Do Kwon
28.9.2022
South Korean prosecutors are seeking to freeze 3,313 bitcoins at two cryptocurrency exchanges allegedly tied to luna founder Do Kwon. The coins were moved soon after a South Korean court issued an arrest warrant for the Terraform Labs co-founder. Luna Foundation Guard has denied transferring...
Research Finds Bitcoin Mining Equates to 0.10% of Global Greenhouse Gas Emissions
27.9.2022
According to a recent report published by the Cambridge Centre for Alternative Finance (CCAF), bitcoin mining worldwide accounts for around 0.10% of global greenhouse gas (GHG) emissions or 48.35 million tons of carbon dioxide per annum. Moreover, CCAF’s report details that...
Bitcoin price loses $20K as trader warns US dollar 'not quite topped out'
27.9.2022
Bitcoin fails to avoid returning back under $20,000 after local highs prove too much to sustain