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Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery
29.4.2024
As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $62,279, bitcoin has shown a 24-hour range between $61,994 and $63,929. Bitcoin Bitcoin’s (BTC) daily chart presents a stark bearish...
Worst month since 2022 bear market? 5 things to know in Bitcoin this week
29.4.2024
Bitcoin is on course for 12% losses in April, and with the monthly close just days away, it could end up sparking the weakest BTC price action in more than a year
Former Openbazaar Dev Chris Pacia Blasts Lightning Network: Experts Knew It Would Work ‘Like Dog Sh*t’
29.4.2024
Chris Pacia, the former lead developer of the now-defunct decentralized marketplace Openbazaar, has criticized the process that led to the proposal of Bitcoin’s lightning network (LN) as a scaling solution. Pacia stated that technical experts lied to the mainstream audience in the blocksize...
Crypto trader sees best 'altseason' since 2017 as Bitcoin price cools
28.4.2024
Bitcoin and altcoins are projected to reenter bullish upside on longer timeframes, with the signs becoming clear despite consolidatory BTC price action
Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC Rigs
27.4.2024
According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. On April 25, Luxor Technologies reported a significant decline in the prices...
Bitcoin Sees Rise in Sell Calls Amid Expectations of Asian Institutional Boost
27.4.2024
Over the past week, bitcoin has exhibited a downward trend, with its price stabilizing at around $62,950 to $63,125 per unit as of April 27. Despite this dip, the Crypto Fear and Greed Index remains firmly in the “greed” sector. According to Google Trends, interest in the term...
Best Crypto to Buy Now April 26 – Litecoin, Neo, Ethereum Classic
27.4.2024
With major cryptocurrencies trading with a bearish bias on Friday, investors are scouring altcoins markets for the best crypto to buy now for quick gains.
The post Best Crypto to Buy Now April 26 – Litecoin, Neo, Ethereum Classic appeared first on Cryptonews
Bitcoin Price Chops Either Side of $64,000 Following Latest US Inflation Report – Here’s What You Need To Know
26.4.2024
The Bitcoin (BTC) price chopped either side of the $64,000 level on Friday in wake of latest US inflation data report, which showed the Core PCE index rising 0.3% MoM in March, in line with the market’s expectations.
The post Bitcoin Price Chops Either Side of $64,000 Following Latest US Inflation...
Contrary to Crypto Influencer Hype, Data Reveals ‘It is Not Altcoin Season’
26.4.2024
Over the past 90 days, while bitcoin has shown steady performance, 19 other cryptocurrencies have outpaced the leading digital asset in terms of price growth. However, the Altcoin Season Index, which measures the performance of these cryptocurrencies against bitcoin, has dropped from 59 to 39 since...
Bitcoin entering most likely 2 weeks for new BTC price dip — Analysis
26.4.2024
Bitcoin market inertia is dragging on, and a BTC price drop over the next fortnight would correspond to classic post-halving behavior
The Non-Custodial Conflict: US Government Actions Stir Crypto Community Concerns
26.4.2024
Over the past two days, there has been a notable uptick in concern within the crypto community regarding the U.S. government’s actions toward non-custodial wallets, which facilitate the sovereign storage of crypto assets. Recent events have fueled a widespread belief that a targeted campaign...
Bitcoin Technical Analysis: BTC Sees Subdued Trading Amid Bearish Signals
26.4.2024
As of April 26, 2024, bitcoin continues to exhibit fluctuating fortunes, with the latest trading session closing at $64,095. Amid a wider range between $62,923 and $65,069 over the last 24 hours, traders are grappling with mixed signals across various technical charts and indicators. Bitcoin...
Marathon Digital Ramps up Bitcoin Mining Goals, Targets 50 EH/s Hash Rate for 2024
26.4.2024
Marathon Digital plans to increase its 2024 hash rate target for Bitcoin mining from 35-37 EH/s to 50 EH/s, thanks to expanded capacity from recent acquisitions, aiming to more than double its mining operations without the need to raise additional capital. The company’s growth includes...
Best Crypto to Buy Now April 25 – Wormhole, Bonk, Pepe
25.4.2024
As major cryptos consolidate above earlier session lows, with Bitcoin (BTC) close to $64,000 and Ether (ETH) close to $3,150, traders looking for the best crypto to buy now are scouring altcoin markets for top gainers.
The post Best Crypto to Buy Now April 25 – Wormhole, Bonk, Pepe appeared first...
Bitcoin price risks 1-week lows as US GDP sparks 'stagflation' woes
25.4.2024
Bitcoin traders remain unfazed while BTC price action follows stocks downward on the back of surprise U.S. macro data
Bitcoin short liquidation risk surges as BTC price dips under $64K
25.4.2024
Liquidation levels form an increasingly large cloud above BTC spot price as Bitcoin rests near $64,000
Iconic ‘Buy Bitcoin’ Sign From Janet Yellen’s Testimony Sells for $1 Million in Crypto Auction
25.4.2024
Christian Langalis, famously known as “Bitcoin Sign Guy,” has auctioned the “Buy Bitcoin” sign he displayed during Janet Yellen’s 2017 Congressional testimony for 16 BTC, approximately $1 million dollars at current prices. The sign was listed on the Scarce City...
Bitcoin analysts agree that BTC has ‘a lot further to run’
24.4.2024
Key on-chain metrics suggest a higher baseline for Bitcoin price now that the halving is complete
Best Crypto to Buy Now April 24 – BONK, ALGO, HBAR
24.4.2024
As major cryptos succumb to technical selling on Wednesday, with Bitcoin (BTC) having slipped just over 3% in the past 24 hours to below $65,000, investors hunting for fast gains are scouring altcoins markets for the best crypto to buy now.
The post Best Crypto to Buy Now April 24 – BONK, ALGO...
Bitcoin’s First Post-Halving Adjustment Raises Mining Difficulty to Record High
24.4.2024
Bitcoin recently completed its first difficulty adjustment following the fourth halving, recording a 1.99% increase and pushing the mining difficulty to a record high. The network’s difficulty level rose from 86.39 trillion to a new level of 88.10 trillion. Bitcoin Miners’ Strength...