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BTC Price Down 2%, Triggering Liquidation of Over $34M in Bitcoin Longs in Derivatives Shake-Up
9.5.2024
On May 9, 2024, bitcoin’s value faced a decline, hitting an intraday low of $60,634 at approximately 7 a.m. EDT. The latest downturn has led to the liquidation of about $34.79 million in bitcoin long positions across various derivatives markets. As Bitcoin’s Value Declines, Heavy...
Bitcoin price buys time at $61K as US jobless claims hit 9-month highs
9.5.2024
Bitcoin refuses to budge after the latest U.S. macro data, but a six-figure BTC price is waiting the wings, analysis claims
Post-Halving, Bitcoin Difficulty Drops Significantly; Hashrate Dips Below 600 EH/s
9.5.2024
The Bitcoin network experienced its second difficulty adjustment post-halving and the most significant reduction this year. Additionally, the network’s total hashrate fell below the 600 exahash per second (EH/s) mark for the first time since late March. Bitcoin Network Sees Significant...
Genesis Digital Assets to Launch Flare Gas Powered Bitcoin Mining Site in Argentina
9.5.2024
Genesis Digital Assets, a leading digital miner, has partnered with YPF Luz, an Argentine power company, to receive power from a flare gas installation to operate a bitcoin mining site in Argentina. The data center facility, in the Bajo del Toro thermoelectric plant, will host 1,200 bitcoin miners....
Bitcoin mining difficulty risks biggest dip since 2022 as BTC price eyes $60K
9.5.2024
Bitcoin may still be trading above $60,000, but network fundamentals are already showing the strain as BTC price gains fail to materialize
Argentina Energy Provider Seals New Bitcoin Mining Deal
9.5.2024
Argentina’s state-run energy provider has completed a new Bitcoin (BTC) mining deal that will see the firm use associated gas to power 1,200 ASIC mining rigs in Patagonia.
The post Argentina Energy Provider Seals New Bitcoin Mining Deal appeared first on Cryptonews
Best Crypto to Buy Today May 8 – Ethereum Classic, Tron, Kaspa
8.5.2024
As blue-chip cryptocurrencies trade with a bearish bias on Wednesday, with Bitcoin (BTC) sliding back to the $62,000s after it found resistance at its 50DMA earlier this week, traders are parsing through the altcoins markets as they look for the best crypto to buy today that might deliver quick...
Bitcoin price to ‘sustain’ $265K level once boring consolidation ends — Analysts
8.5.2024
Analysts forecast a Bitcoin run to $265,000, but it could take longer than investors expect
Bitcoin Technical Analysis: BTC Faces Growing Uncertainty Amidst Market Fluctuations
8.5.2024
As of May 8, 2024, bitcoin’s price is coasting along at $62,378, experiencing a 24-hour intraday range from $62,096 to $64,413, with a trading volume of $17.91 billion and a market capitalization of $1.22 trillion. Despite a decline of 2.1% over the past 24 hours, bitcoin has gained 9.3%...
BTC price clings to $62K as Bitcoin bulls suffer post-halving 'boredom'
8.5.2024
Bitcoin may be preparing for trend continuation, but on short timeframes, BTC price behavior is inspiring no one
Top Crypto Gainers Today on DEXScreener – WALLETAI, BOBO, MEW
8.5.2024
On a mostly bearish day in the cryptocurrency market on Tuesday, Render (RNDR), Kaspa (KAS) and Tron (TRX) are top crypto gainers today and some of the only coins trading in the green over the past 24 hours.
The post Top Crypto Gainers Today on DEXScreener – WALLETAI, BOBO, MEW appeared first...
‘Big Short’ Investor Calls Crypto One of the ‘Great Themes of Our Time,’ But He’s Not a Believer
7.5.2024
In a recent interview on Bloomberg Television, Steve Eisman of Neuberger Berman, who gained prominence from “The Big Short,” shared insights on the impending U.S. election and his investment strategies. Eisman identified three significant current themes, including cryptocurrency...
Best Crypto to Buy Now May 7 – Bitcoin, AIOZ Network, Ethena
7.5.2024
As the Bitcoin (BTC) price consolidates just to the north of $63,000, investors are weighing up whether it could be the best crypto to buy now.
The post Best Crypto to Buy Now May 7 – Bitcoin, AIOZ Network, Ethena appeared first on Cryptonews
Bitcoin exchange inflows drop to 10-year lows after $74K all-time highs
7.5.2024
Bitcoin exchanges are seeing the kind of daily inflows more associated with BTC prices under $1,000
Bitcoin trader flags key levels as BTC price attacks $64K liquidity
7.5.2024
BTC price eats away at positions as Bitcoin bulls attempt to carve a path higher
Best Crypto to Buy Today May 6 – Ethena, Jupiter, Solana
6.5.2024
With major cryptocurrencies choppy on Monday as traders assess the durability of the recent strong rebound from last week’s multi-week/month lows, traders are scouring the altcoin markets for the best crypto to buy today for fast gains.
The post Best Crypto to Buy Today May 6 – Ethena, Jupiter...
2014 Bitcoin Whale Awakens, Spends 1,005 BTC Valued at $64 Million After a Decade
6.5.2024
Contrary to several earlier reports, it has been revealed that not only were 687.33 bitcoins transferred from a dormant 2014 wallet on May 6, 2024, but the owner also appears to have expended a total of 1,005.33 BTC, equivalent to almost $64 million at current exchange rates. 1,005 Bitcoin Worth...
Bitcoin Technical Analysis: Bulls Challenge Upper Resistance
6.5.2024
Bitcoin’s price movement on May 6, 2024, showcases a complex dance of volatility and potential, captured vividly across various time frames and technical indicators. With an intraday range swinging from $63,657 to $65,489, traders grapple with a trading landscape rife with both uncertainty...
Back to extreme greed past $65K? 5 things to know in Bitcoin this week
6.5.2024
Bitcoin manages an impressive comeback from two-month lows, but how high can BTC price action go before speculators take over?
Bitcoin opens $63K futures gap as thin liquidity threatens BTC price
4.5.2024
Bitcoin market participants are doubting the staying power of the ongoing BTC price relief bounce