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Bitcoin Price Faces 210,000 BTC US Government Sales Tsunami, Buy Bitcoin BSC ($BTCBSC) After it Raises $5m As The Best Alternative?
25.9.2023
The Bitcoin price funk could be about to get a lot worse if the US government starts selling BTC to run down its balance of 210,000 coins – but Bitcoin alternatives like Bitcoin BSC could be the beneficiaries.
The US government is the largest sovereign holder of Bitcoin globally. According to data...
Bitcoin Price Prediction: BTC Under $27K amid Fed's Stance, Options Expiry, & ETF Awaits
25.9.2023
Bitcoin (BTC) was unable to maintain its upward rally from the previous week and remained below the $27,000 mark on Monday.
In fact, the overall cryptocurrency market was valued at $1.04 trillion at the time of this report, indicating a 1.08% drop in the past 24 hours.
However, this dip came...
Bitcoin Price Prediction as BTC Fails To Break $27,000 Threshold – Stuck in a Rut?
24.9.2023
As of today, Bitcoin is priced at $26,600, witnessing a subtle rise of nearly 0.10% over the past 24 hours and commanding a trading volume of $6.4 billion.
Despite its position as the premier cryptocurrency, ranked #1 on CoinMarketCap, and a staggering market capitalization of $518 billion...
Bitcoin Price and Ethereum Prediction: Minimal 1% Fluctuations Offer Trading Insights for BTC and ETH
23.9.2023
Bitcoin and Ethereum, two paramount forces in the cryptocurrency realm, are currently experiencing minimal fluctuations of around 1%. They are trading near $26,500 and $1,600, respectively, with an intriguing neutrality, potentially influenced by a tempered trading volume.
Such a tight trading...
Venezuelan Police Raid Uncovers Bitcoin Mining Machines, Rocket Launchers In Prison
23.9.2023
The Venezuelan Police seized Bitcoin (BTC) mining hardware, rocket launchers and a ton of other items as it recaptured the Tocoron prison which has been under the control of inmates.
On Sept 21, the troops disclosed that alongside Bitcoin mining hardware, dangerous weapons such as machine...
Bitcoin Price Prediction as Trading Volume Surges Past $13 Billion as Interest in Crypto Comes Back – Time to Buy?
22.9.2023
As the crypto landscape experiences renewed enthusiasm, the trading volume of Bitcoin has surged, surpassing $13 billion.
The live price of Bitcoin today stands at $26,575, reflecting a subtle decline of less than 0.50% in the last 24 hours.
According to CoinMarketCap, Bitcoin firmly holds...
Resurfaced Video From 1998 Shows Alleged Bitcoin Creator Hal Finney Discussing Cryptographic Technology
22.9.2023
A recently resurfaced video from 1998 has stirred up speculations regarding the alleged involvement of Hal Finney, an American software developer and early Bitcoin pioneer, in the creation of the flagship cryptocurrency.
The footage captures Finney discussing zero-knowledge proofs during the 18th...
Bitcoin Price Prediction: Fed's Stance, ETF Approval, & Yuan's Impact on BTC
22.9.2023
Bitcoin (BTC), the world's largest cryptocurrency, experienced a dip on Friday as it failed to maintain its upward momentum and dropped below $27,000.
Jerome Powell's statement about possible interest rate hikes caused a 1.5% decrease in the global crypto market to $1.06 trillion.
Bitcoin...
Bitcoin Price Prediction as Bears Push BTC Below $27,000 Support – Dip Buying Opportunity?
21.9.2023
As Bitcoin's volatile movement continues, recent market activities have seen the pioneering cryptocurrency tumble below the crucial $27,000 support level.
This downward momentum has left traders and investors with an imperative question: Is this just a transient dip or a prolonged bearish phase? ...
Sam Bankman-Fried's Alameda Research Allegedly Linked to 2021 Bitcoin Price Plunge
21.9.2023
The Bitcoin price experienced an abrupt and unexplained decline of 87% on October 21, 2021, and new information suggests that Sam Bankman-Fried's Alameda Research may have been the culprit.
Today, a former employee came forward to shed light on the company's internal operations, claiming that...
Bitcoin traders driving the price with aggressive shorting
21.9.2023
BTC price is trading at around $27,000 at the time of drafting this article. It was highest in 2023 at $31k. There is a chance that it may again touch the highest mark, assuming traders look too aggressively. Simply put, their shorting adds to on-chain activities, which is often associated with...
The future of Bitcoin: Will the upward trajectory persist?
21.9.2023
Bitcoin’s price has traded around an impressive $27k mark due to the launch of the Bitcoin Adoption Fund by Nomura, Japan’s largest investment bank. This development marks a pivotal moment in the cryptocurrency landscape as it seeks to allure institutional investors and expand its reach...
Bitcoin’s Sustainable Energy Mix Over 50%, Carbon Footprint Compares Better Than Other Industries: Bloomberg Report
21.9.2023
Over the years, Bitcoin's (BTC) energy consumption data which posed serious concerns from several quarters has become more positive toward sustainability.
A new report from Bloomberg shows the sustainable energy mix of Bitcoin above 50% indicates a better climate growth ratio than several...
Bitcoin Price Prediction as US Federal Reserve Keeps Interest Rate Unchanged – Will BTC Blast to $30,000?
21.9.2023
Today's Bitcoin price stands at $27,033, having experienced a trading volume of $13 billion over the past 24 hours. Bitcoin has witnessed a slight dip, declining around 0.50% during this timeframe.
As the US Federal Reserve holds steady on its decision, keeping the Fed funds target range anchored...
Fed Leaves Interest Rates Unchanged, But More Hikes Still on the Table - Here is How Bitcoin (BTC) Reacted
20.9.2023
As expected, the Federal Reserve (Fed) left benchmark interest rates in the US unchanged at 5.25-5.5% on Wednesday.
Bitcoin (BTC) fell just over 1% and was last trading just under $27,000, though still remains fairly close to monthly highs.
Despite the pause, Fed Chairman Jerome Powell said...
Bitcoin Price Prediction: BTC Surges 5% as FOMC Insights & Fed Fund Rate Grab the Spotlight
20.9.2023
In a remarkable turn of events, Bitcoin (BTC) witnessed a significant 5% upswing, aligning with growing anticipation surrounding the Federal Open Market Committee (FOMC) announcements and the Federal Fund Rate.
As financial markets keenly await insights from the FOMC and closely monitor...
Rich Dad Poor Dad Author Robert Kiyosaki Says Bitcoin, Gold, Silver Are "Bargains" Today, Warns About Stock Market Crash
20.9.2023
Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, has said that Bitcoin (BTC), gold, and silver are "bargains" today while warning about an impending stock market crash.
In a Wednesday tweet, Kiyosaki said he is frequently asked about the anticipated prices of assets like gold...
Bitcoin Price Prediction as BTC Jumps Up 4% Toward $27,000 Zone – Time to Buy?
19.9.2023
The cryptocurrency market's titan, Bitcoin, has experienced notable fluctuations recently. As of today, Bitcoin's live price hovers around $27,135, marking a slight dip of nearly 0.50% in the last 24 hours.
However, examining the past week reveals a more optimistic picture, with Bitcoin surging...
Eco-Friendly Mining: Bitcoin Miners Seek Savings Through Alternative Energy
19.9.2023
Amid recent financial setbacks and growing concerns over the environmental impact of cryptocurrency mining, Bitcoin (BTC) miners are looking for innovative ways to reduce costs and operate sustainably.
Bitcoin mining is an energy intensive process, making power the biggest expense for mining...
Bitcoin Price Prediction: BTC Rises 4% Amidst Dovish FOMC Sentiment
19.9.2023
Bitcoin (BTC), the world's largest cryptocurrency, continued its upward trend and came very close to reaching the $27,000 mark on Tuesday. Initially, BTC surged past the $27,000 level, which is the highest it has been since August 31st.
The reason behind the surge could be attributed to...