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Bitcoin Price Prediction as BTC Holds Steady at $27,500 Support – Is a Recovery Imminent?
10.10.2023
Bitcoin (BTC), the world's oldest and most valuable digital currency, couldn't climb above $28,000 recently.
This is because investors are feeling cautious due to the ongoing conflict between Israel and Hamas, which is becoming more intense.
However, the total value of all cryptocurrencies...
Bitmain Addresses Cash Flow Woes, Pays Delayed September Salaries
10.10.2023
China-based Bitcoin (BTC) mining machine manufacturer Bitmain has resolved a recent salary delay issue by finally paying its employees for the month of September.
This move comes after Bitmain issued an internal notice on October 3, informing its staff of the delay in salary payments for that...
Bitcoin (BTC) sentiments shift to long-term holders
10.10.2023
Bitcoin’s volatility has increased to 340%. While this dates back to October 2, 2023, it shows that the month will be better for BTC. The effect is such that the price is trading positively at $27,664.40, an increase of 0.25% in the last 24 hours. Most importantly, Bitcoin seems to have changed...
Bitcoin Price Prediction: RFK Jr. Goes Independent, Israel War Spurs Crypto Aid, BitVM Unveiled
10.10.2023
The cryptocurrency world is abuzz with significant developments today. Bitcoin is currently trading at $27,653, experiencing a 1% decrease on Tuesday. In a noteworthy political move, Robert F. Kennedy Jr., a staunch advocate for cryptocurrencies, has decided to run for president as an independent...
Bitcoin Price Prediction as BTC Recovers Past $26,000 Resistance – Are the Bulls Taking Over?
9.10.2023
Bitcoin (BTC), the most valuable cryptocurrency in the world, could not break the $28,000 mark over the weekend, showing sluggish movement.
The ongoing Israel-Hamas conflict is largely to blame for this, as investors are exercising caution and taking a wait-and-see approach before making...
Crypto Analyst: Bitcoin's 11.1% Loss in Q3 Defies Expectations
9.10.2023
Bitcoin (BTC) faced a challenging third quarter, posting a loss of 11.1%, placing it just above long-term treasuries, which experienced a -11.9% loss during the same period.
The weak performance has puzzled both crypto analysts and investors, given the favorable fundamental developments that have...
Ex-BlackRock manager predicts US Bitcoin ETFs approval
9.10.2023
An ex-BlackRock manager has predicted that the US could soon approve Bitcoin ETFs, or Exchange Traded Funds. Once approved, financial institutions will have a clearer picture of how they can invest in Bitcoin. Moreover, it will provide a well-structured and regulated avenue for investors....
Bitcoin Price Prediction: BTC Stabilizes at $27,800: OpenAI CEO Praises BTC; Putin Forewarns US Dollar Collapse
9.10.2023
Bitcoin is currently trading at $27,955, experiencing a marginal 0.25% decline on Monday. In a notable development, the CEO of OpenAI has lauded Bitcoin as the "super logical" step on the tech tree, highlighting its significance in the evolving technological landscape. ...
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Bitcoin Price Prediction as BTC Faces Crucial $28,500 Threshold – Will it Break Through to Higher Ground?
8.10.2023
The cryptocurrency community is abuzz with speculation and anticipation as Bitcoin hovers tantalizingly close to the significant $28,500 mark. Will Bitcoin surge past this barrier to achieve new heights, or is there a retreat on the horizon?
This analysis delves into the current dynamics...
Bitcoin Price Prediction as BTC Projected to Reach $28,435 by Mid-October – Is a 9% Surge on the Horizon?
7.10.2023
Bitcoin has been making waves in the cryptocurrency market recently, with speculations suggesting that the leading cryptocurrency might be on track to reach $28,435 by the middle of October.
Recent forecasts posit that Bitcoin could touch a noteworthy value of $28,435 by mid-October, representing...
Bitcoin Price Prediction as BTC Bulls Eye $30,000 Resistance as Non-Farm Payroll Data is Released – A Comeback in Play?
6.10.2023
In light of recent data showcasing a remarkable surge in US nonfarm payrolls, the cryptocurrency realm, particularly Bitcoin (BTC), seems to be set on a trajectory of its own.
The employment figures for September 2023 have come in at a stellar 336K, easily surpassing the revised August count...
$400 Million Bitcoin Options Expiry: Will It Impact the Recent Rally?
6.10.2023
As crypto markets remain relatively stagnant, attention is turning to the impact of a significant Bitcoin (BTC) options expiry event set to occur on October 6.
Approximately 14,000 Bitcoin options contracts, with a total notional value of around $400 million, are set to expire that day, though...
Bitcoin Price Whipsaws Following Blockbuster US Jobs Report - Here's Where BTC is Headed Next
6.10.2023
Bitcoin (BTC), the world’s first and largest cryptocurrency by market capitalization, has seen whipsaw price action since the release of a much stronger-than-expected US jobs report for September.
The blockbuster report showed the US economy adding 336,000 jobs last month, nearly double the median...
Bitcoin mining pool goes live in El Salvador
6.10.2023
Volcano Energy and Luxor have created Lava Pool, making it the first Bitcoin mining pool in El Salvador. The objective is to tap into the geothermal energy resources of the country. The development comes almost two years after El Salvador announced making BTC a legal tender. Volcano Energy will...
Bitcoin Price Prediction: BTC Up 2% Amid BitMEX CEO's $750K Prediction, El Salvador Mining & Blackrock ETF
6.10.2023
As Bitcoin continues its journey in the global financial landscape, its trajectory seems increasingly intertwined with expert predictions, sustainability initiatives, and strategic approvals.
As of Friday, Bitcoin's trading value is pegged at 27,578, marking a slight decrease of 0.38%. This...
Bitcoin Price Prediction as Ex-BlackRock Director Says BTC ETF is Coming in '3 to 6 Months' – Can Bitcoin Reach $100,000?
6.10.2023
Bitcoin, the world's most valuable cryptocurrency, has seen a recent dip in trading value, currently resting at around $27,700, which is below its $28,000 threshold. However, this fluctuation in price may be due to the overall stability of traditional financial markets, which can be partly...
El Salvador Launches First Volcano-Powered Bitcoin Mining Pool - Here's What You Need to Know
5.10.2023
On October 4, El Salvador announced the launch of Lava Pool, the country's first Bitcoin mining pool powered entirely by renewable geothermal energy. The venture represents an important milestone in El Salvador's efforts to integrate Bitcoin into its energy infrastructure....
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Marathon Digital Boosts Production Capacity By 20%, Mines 1,242 BTC in September
5.10.2023
Bitcoin miner, Marathon Digital (MARA) increased its monthly production hash rate by 20%, recording an uptick in share prices amid an uncertain crypto market.
In its September Production Update, the miner produced 1,242 Bitcoin (BTC) marking a 16% growth from August and a 245% increase in the last...
Bitcoin Price Prediction: Marathon's Record, Kraken Deposits, Uzbekistan Regulations
5.10.2023
Bitcoin continues to trade at $27,698 with a nearly 1% increase. Marathon Digital Holdings boosted its Bitcoin production by 16% monthly and Kraken experienced its highest Bitcoin deposit activity in half a decade due to surging prices and growing ETF confidence.
Uzbekistan has implemented strict...
Bitcoin Price Prediction as BTC Market Cap Climbs Above $500 Billion – Where is BTC Headed Now?
4.10.2023
Despite positive developments like the launch of futures-based Ether ETFs and a UAE Dirham-based stablecoin driving digital asset adoption, Bitcoin (BTC), the world's most valuable cryptocurrency, failed to stop its losing streak and is currently trading below the $28,000 mark.
The cryptocurrency...