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Bitcoin Price Prediction as Trading Volume Grows 78% as Interest in Crypto Comes Back – Time to Buy?
28.9.2023
In recent days, the cryptocurrency market has witnessed a renewed interest, evidenced by a staggering 78% growth in trading volume. Central to this resurgence is Bitcoin, the foremost digital asset, which has experienced a dramatic surge, crossing the $27,000 mark — an ascent of nearly 4%.
With...
Marathon Digital Mines Invalid Bitcoin Block, Blames Bug Amid Community Concerns
28.9.2023
Bitcoin miner Marathon Digital confirmed it mined an invalid block due to a bug during an experiment to sharpen the company’s operations.
The firm disclosed the incident in an announcement on X (formerly Twitter) saying the firm utilizes a small portion of the hash rate to experiment in...
Bitcoin Price Prediction: BTC Rises by 0.75% – Where is BTC Headed Next?
28.9.2023
In a financial landscape punctuated by volatility, Bitcoin has once again made headlines, registering a 0.75% surge and settling at the $26,450 mark. What's driving Bitcoin's recent movement, and what's next? This analysis provides a forecast for its near-term future.
Bitcoin has recently...
Bitcoin Price Prediction: BTC Dips 0.5% – What's the Next Move for BTC?
27.9.2023
In the ever-evolving world of cryptocurrencies, Bitcoin remains the predominant leader, showcasing its dominance as the number one cryptocurrency on CoinMarketCap.
As of today, the live Bitcoin price hovers at $26,244, having registered a slight dip of 0.5% over the last 24 hours. This comes...
"Bye Bye" to Bitcoin? Robert Kiyosaki Weighs In on Citibank's Citi Token Services
27.9.2023
On Tuesday, renowned author and financial literacy advocate, Robert Kiyosaki, sparked off a spirited debate in the cryptocurrency sphere with his remarks on the future of Bitcoin and the US dollar.
The author, famed for his best-selling book "Rich Dad Poor Dad," shared his thoughts on the social...
ChatGPT's Shocking Bitcoin Price Prediction And Why New Cryptocurrency Bitcoin Minetrix Can Explode
27.9.2023
ChatGPT has delivered a shocking verdict on the Bitcoin price as brittle volatility creeps back into the market, and high-yielding coin offerings like Bitcoin Minetrix begin to loom large as more attractive alternatives for crypto traders.
Bitcoin jumped to $26,800 today, but no sooner had...
Malaysian State Identifies Illegal Crypto Mining Operations as Reason for Recurrent Power Disruption
27.9.2023
The state of Sarawak in Malaysia has been prone to crypto mining rigs, many of which operate illegally.
Sarawak Energy, the state-owned electric utility firm, announced today that it has identified two illegal crypto mining sites, which caused recurrent power disruption in a few areas of...
Bitcoin Mining Sets the Bar for Sustainability: Over 50% Powered by Clean Energy Sources
27.9.2023
New data released today by Daniel Batten, the co-founder of CH4Capital, revealed that Bitcoin mining is now leading as the most sustainably-powered global industry, with over half of its energy consumption coming from renewable sources. ...
Read More: Bitcoin Mining Sets the Bar for Sustainability:...
Texas State Dominates in Bitcoin Mining, Hosts 28.5% of US’s Hashrate: Report
27.9.2023
The U.S. state of Texas has become a hotbed for cryptocurrency mining, making up 28.50% of the hashrate in the U.S. as of July 2023.
According to data from Foundry, the largest mining pool in North America and the fifth-largest globally, Texas has positioned itself as the “crypto capital” in...
A Look Beyond Bitcoin and Ethereum: Bitcoin Spark’s Future is Bright
27.9.2023
The realm of cryptocurrencies is a dynamic and fast-paced arena characterized by continuous innovation and rapid adaptation. Bitcoin and Ethereum have stood as the cornerstone assets for years, defining the crypto landscape and shaping its evolution. However, amidst this landscape of established...
Charting Bitcoin’s future: ETF approval and the BTC Halving 2024
27.9.2023
Over the weekend, Bitcoin’s price maintained its resilience, staying below the $27,000 threshold despite market uncertainties. In this post, we will dissect the current state of Bitcoin and two upcoming major events: Bitcoin ETF and halving. Amidst shifting market dynamics and diverse expert...
BTC Ordinals Craze Puts Miners in Dilemma: Glassnode
27.9.2023
A new Glassnode report says that Bitcoin (BTC) Ordinals are not displacing monetary transfers despite concerns of network clogging.
In a Sept 25 release, on-chain analytics firm Glassnode explained the role of BTC inscriptions on the network, their impact in competition with other transactions...
Bitcoin Price Prediction: BTC Down 3% Amid SEC ETF Delays, US Lawmakers' Advocacy, & Rate Hike Impacts
27.9.2023
Bitcoin, the world's most valuable cryptocurrency, was trading below $27,000 early on Wednesday, showing a nearly 0.50% decrease in price to $26,220.
The overall crypto market cap was at $1.05 trillion, indicating a 0.46% decrease over the past 24 hours. The poor performance of Bitcoin...
US SEC Delays Decision on ARK 21Shares Bitcoin ETF Until Next Year
27.9.2023
The U.S. Securities and Exchange Commission (SEC) has once again announced a delay in its decision regarding the proposed ARK 21Shares spot Bitcoin ETF, pushing the deadline into the next year with a new date set for January 10th.
This announcement of delay came just hours after a request by...
Bitcoin Price Prediction: BTC Up 0.6% – Is the Bull Market Back?
27.9.2023
The flagship cryptocurrency, Bitcoin, has sparked renewed interest among investors and enthusiasts as its price increases.
With today's live Bitcoin price standing at $26,203 and a 24-hour trading volume reaching a staggering $10 billion, the digital asset has seen a near 0.50% surge in the past...
Three Reasons Why Bitcoin (BTC) Could Be About to Fall Back to $20,000
26.9.2023
Despite sharp downside in the US stock market on Tuesday amid a fresh push higher in long-dated US yields to new multi-decade highs as traders pricing in a policy of higher interest rates for longer from the US Federal Reserve, Bitcoin (BTC) continues to hold up relatively well.
It was last...
This New Tool Track’s Bitcoin’s Price Without Using An Exchange
26.9.2023
The Bitcoin blockchain alone is now capable of tracking Bitcoin’s price without help from the outside world, thanks to a developer’s new tool.
As created by @SteveSimple on X (Twitter), UTXOracle is a Python program that “estimates the daily USD price of bitcoin using only your bitcoin Core full...
Bitcoin Gains Recognition As A Unique, Non-Replicable Digital Asset Following Chinese Court Report
26.9.2023
The Shanghai Second Intermediate People's Court in China has explained that Bitcoin (BTC) stands out as a unique virtual asset based on several attributes including its scarce nature.
On Sept. 25, the court published a report “Legal Attributes and Judicial Disposal of Digital Currency”...
Can Bitcoin’s Spot ETF approval influence the BTC price?
26.9.2023
Bitcoin is a digital currency that exists only in the digital realm; it is like internet money. In the financial world, Bitcoin is a game-changer. It offers a new way to store and transfer value. Unlike traditional money, Bitcoin is not tied to any country, making it a global currency. However,...
MicroStrategy gets 5,445 Bitcoins, reaching 158,245
26.9.2023
MicroStrategy recently reported acquiring an additional 5445 Bitcoins. The software company revealed the transaction on Monday while filing with the SEC. The transaction amounted to a whopping $147.3 million. MicroStrategy now holds 158,245 Bitcoins, which accounts for 0.754% of the available...