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Crypto Miners In China Selling Their Bitcoin & Mining Machines After Government’s Action Sparks Fear
Chinese Bitcoin miners don’t appear keen on waiting around to find out what their fates will be in the wake of the government’s announcement over an inbound crackdown. In a joint statement published last week, the Chinese Premier and State Council voiced an intent to clamp down on Bitcoin mining in the country, causing the […] дальше »
2021-5-26 18:19 | |
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Elon Musk Returns To The Bitcoin Circle, Throws Weight Behind The Lightning Network
Days after causing the BTC price drop of the year, Tesla and SpaceX CEO, Elon Musk, is back into the fold, and this time, he’s all about Bitcoin’s Lightning Network. Apparently, Elon Musk castigated Bitcoin for its high electricity consumption, something he said wasn’t good for the environment. Now, Elon is back in the BTC […] дальше »
2021-5-22 17:48 | |
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Two Paths Of A Bitcoin Bull Run, And If A Bear Phase Is Next
Bitcoin price has plummeted more than 50% from recent highs, falling to as low as $30,000 in a matter of a flash. The selloff was enough to shock the entire market, causing the most liquidations and coins to be deposited since Black Thursday. дальше »
2021-5-21 22:53 | |
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Coinbase Conundrum — COIN Stock Follows Bitcoin Price Dip
Since debuting on the Nasdaq, Coinbase has been underperforming, causing some uncomfortable conversations about its medium-term prospects. The post Coinbase Conundrum — COIN Stock Follows Bitcoin Price Dip appeared first on BeInCrypto. дальше »
2021-5-19 19:00 | |
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What Bitcoin Must Do To Remain The Crypto Top Dog, According to Ripple Chairman
Historically speaking, one key objection to bitcoin has been its perceived massive energy consumption. Some people have suggested that the flagship cryptocurrency is causing an environmental disaster due to its proof-of-work consensus algorithm. дальше »
2021-4-25 23:45 | |
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Bitcoin Plummets Below $50,000, Extending Losses Following Biden’s New Tax Proposal
Bitcoin, since surging to new all-time high earlier this month, has continued to face a string of bad news. Earlier last week, Bitcoin prices tumbled due to Xianjiang crypto miners shutting down due to power outages — causing a record $10 billion in futures liquidations. дальше »
2021-4-23 15:53 | |
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Sunday Bitcoin Flash Crash Sees $10 Billion in Positions Liquidated
Sunday saw bitcoin flash crash, causing large-scale liquidations across the board. With the total market capitalization dropping by almost $4 billion The post Sunday Bitcoin Flash Crash Sees $10 Billion in Positions Liquidated appeared first on BeInCrypto. дальше »
2021-4-18 12:54 | |
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Ethereum’s EIP-1559 is causing major commotion for this reason
Ethereum developers have just approved a proposal that could change everything we know the network and its native coin to be. Ether is predicted to surge dramatically once the EIP-1559 debuts, and this will be for all the right reasons, including potentially challenging Bitcoin for the front position, as Ethereum proponents have speculated. This is […] дальше »
2021-3-12 12:51 | |
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China’s beauty app Meitu invested over $22m in Ethereum (ETH)
Elon Musk’s Tesla made massive waves in the crypto industry when it was revealed that it bought $1. 5 billion worth of Bitcoin. Now, China’s beauty app, Meitu, decided to mirror its move by investing over $20 million in Ethereum (ETH), causing Ethereum’s price to jump by over 6%. дальше »
2021-3-8 17:02 | |
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Bitcoin Miners Net Position Turn Positive: A Crypto Bull Case?
Bitcoin in Downtrend After another week of turbulent market volatility, the cryptocurrency market saw severe drops with Bitcoin (BTC) and its peers plummeting nearly 25% from recent highs. This selloff caught many speculators and traders off-guard, causing a panic reaction across the market. дальше »
2021-3-1 22:26 | |
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Users Asked to Return Bitcoin Purchased After Glitch Drops The Price to $6,000 On This Exchange
On Tuesday last week, the largest Philippines-based crypto exchange, PDAX, suffered a glitch due to the increased user traffic and volumes on the exchange. This led to a system outage, causing the price of Bitcoin to collapse to the $6,000 mark, allowing users to buy the top crypto at a massive discount. дальше »
2021-2-25 22:31 | |
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Binance Coin (BNB) Sets Record For Largest Monthly Candle Ever
One after another, cryptocurrencies like Bitcoin and Ethereum have been breaking out and above their former all-time highs, causing a surge of FOMO and price discovery to follow. The latest coin to do so, is exchange token Binance Coin (BNB), which has now set a record for its largest monthly candle – dollar for dollar – […] дальше »
2021-2-19 23:00 | |
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Reddit Post Reporting Tesla’s Bitcoin Purchase From a Month Ago Was a Hoax
A Reddit post that predicted Tesla’s $1.5 billion purchase of bitcoin on Monday has been revealed as a hoax, after the New York Post tracked down the user. Reddit User Says He Was High on Acid When Writing It Tesla’s record-breaking bitcoin purchase stunned the markets earlier this week, causing the price of bitcoin to […] дальше »
2021-2-12 00:30 | |
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A Bitcoin ETF Would Have Negative Near-Term Implications for BTC Price: JPMorgan
Besides a Bitcoin ETF eroding GBTC's effective monopoly status and causing a cascade of GBTC outflows, the bank strategists also see more mainstream corporates following Tesla “unlikely.” The post A Bitcoin ETF Would Have Negative Near-Term Implications for BTC Price: JPMorgan first appeared on BitcoinExchangeGuide. дальше »
2021-2-10 16:07 | |
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Bitcoin Overtakes Russian Ruble, Inches Closer To Top Ten Global Currencies
The leading cryptocurrency continues to absorb any and all capital in its path, causing its price and market cap to expand. The recent uptrend and price appreciation in Bitcoin has caused the asset to outrank the Russian ruble in terms of total market cap. дальше »
2021-2-10 04:00 | |
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Bitcoin (BTC) price skyrockets again: A new all-time high
Bitcoin price saw a major price and volume increase in the last 24 hours, skyrocketing up by over 25%. The coin managed to reach a new all-time high, causing another massive rally in the crypto industry. дальше »
2021-2-9 13:26 | |
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Global Chip Shortages Disrupt Bitcoin Mining Rig Production: China’s Dominant Position as Hash Rate Leader Under Threat
The ongoing global shortage of chips that are used in the production of bitcoin mining rigs is now causing manufacturing disruptions. According to one report, these disruptions are causing a shortage of rigs on the market and subsequent price increases. дальше »
2021-1-25 18:30 | |
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This Eerie Ethereum Fractal Suggests The Top Is In… For Now
Once Bitcoin finally began to cool off, capital began to flow into Ethereum causing an enormous breakout. The rapid rise took the altcoin to an over 50% increase in just two days, but a selloff stopped the token’s booming trend in its tracks. дальше »
2021-1-6 23:00 | |
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Why Bitcoin cannot be killed but can be crippled by the US Govt
The U.S. government or more specifically, FinCEN's proposed AML regulation has been extended to non-custodial wallets causing an outcry in the cryptocurrency ecosystem since the proposed regulation caThe post Why Bitcoin cannot be killed but can be crippled by the US Govt appeared first on AMBCrypto. дальше »
2020-12-29 19:00 | |
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Institutional Buyers Creating ‘Bitcoin Shortage’ and Driving Price: Pantera Capital CEO
The CEO of Pantera Capital believes that a ‘Bitcoin shortage’ is driving recent price action. Dan Morehead claims that interest from major institutions is causing BTC to get bought up quicker than it can be mined. дальше »
2020-12-23 09:30 | |
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Steve Forbes Thinks Bitcoin Is Yet To Qualify As A Store Of Value, Roots For Gold
Bitcoin is not viable as a store of value. That’s according to Steve Forbes, Editor-in-Chief of the Forbes Magazine. Apparently, Steve is all for Gold as a long-term store of value. However, he agrees that Bitcoin’s major success stems from the actions of central banks by printing a lot of money and causing inflation. Steve […] дальше »
2020-12-6 00:08 | |
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Bitcoin Volatility Kicks Into Overdrive After ATH Set, 7% One Hour Drop Follows
Bitcoin price yesterday shocked the finance world by setting a new all-time high. With resistance around this area still strong, and with so many cryptocurrency investors in profit for 2020, extreme FOMO and profit-taking is causing wild volatility resulting in more than $1,000 intraday moves. дальше »
2020-12-1 16:14 | |
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Bitcoin Worth $3B from PlusToken Ponzi Scam Seized by Chinese Authorities
A Chinese court has published a breakdown of the total crypto assets seized from the PlusToken scam including about $3. 3 billion worth of Bitcoin (BTC). Some commentators say the timing of the news points to attempted FUD aimed at causing panic in the market. дальше »
2020-11-28 13:49 | |
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PayPal Buying up Bitcoin, Causing Scarcity: Pantera
According to investment firm Pantera Capital, the rocketing of Bitcoin’s price is due to PayPal. But it is not just the option to purchase Bitcoin on PayPal that is fueling the price. Bears Bewares The last week saw Bitcoin grow 14% in valuation and beyond. дальше »
2020-11-22 20:41 | |
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Here’s Why Crypto Analysts Are Divided Over The Future Of Altcoins
Over the last few weeks, Bitcoin has been rising without pause, absorbing all of the capital out of the crypto market and causing altcoins to bleed on BTC pairs. BTC dominance finds itself at a crucial resistance level, and some of the brightest and best crypto analysts in the community, are divided over the future […] дальше »
2020-11-17 04:00 | |
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Bitcoin SV Multisig Wallet, ElectrumSV, Exploited; Putting Real Users’ BSV In Jeopardy
A Reddit post by former Blockstream developer and co-founder Gregory Maxwell states that Bitcoin SV’s multisig contracts no longer provide any security to the users, causing a loss of all BSV tokens. дальше »
2020-11-11 00:49 | |
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Why Bitcoin Stagnance From Vaccine Hopes is Suddenly Causing an Altcoin Boom
Bitcoin has settled into a consolidation range following its significant climb since the start of October. However, increasing sell pressure has many analysts calling for a sharp correction in the near term if $15k fails to hold. дальше »
2020-11-11 18:50 | |
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Bitcoin Resilience Remains As Stock Market Closes Worst Day In Months
The stock market yesterday closed its worst single-day decline in nearly two months, causing the richest people in the world to lose over $14 billion in net worth. Bitcoin also pulled back yesterday, but as of this morning is already trading higher than before, while the S&P 500, the Dow Jones, and the Nasdaq continue to plunge. дальше »
2020-10-27 18:02 | |
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Crypto Market Forecast: W/C 19th October 2020
A curated weekly summary of forward-focused crypto news that matters. This week - ongoing OKEx withdrawal suspension causing alarm for exchange users, Filecoin moves to its mainnet, and another institutional asset manager spends big on Bitcoin дальше »
2020-10-19 14:00 | |
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Data Shows Interest in Ethereum is Crashing; Here’s Why This is Bullish
Bitcoin has been causing the entire crypto market to see some uncertainty, which has had grave impacts on Ethereum and many other altcoins Ethereum is now consolidating alongside the benchmark crypto as it trades within the $350 region Where it trends next will likely depend on whether Bitcoin breaks out, or breaks down, from its range between $10,600 and $10,800 One analytics platform is noting that data shows Ethereum’s social volume is crashing at the […] дальше »
2020-10-1 23:00 | |
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Ethereum Reaches a Fate-Determining Level as Analysts Watch for Volatility
Ethereum’s price action has been closely tracking that of Bitcoin in recent weeks, causing it to see a choppy bout of sideways trading The lack of any real trend in recent weeks has made ETH’s mid-term outlook somewhat unclear That being said, the crypto may now be trading at a pivotal level that determines its near-term outlook One analyst is noting that the price at which it is currently trading has historical significance, and its […] дальше »
2020-9-27 22:00 | |
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Chainlink is Setting Up for a Move Higher as Bullish Signs Emerge: Analyst
Macro uncertainty within the global markets has had a trickle-down effect, causing Bitcoin to see consolidation and weakness, which has, in turn, led Chainlink and other altcoins to see similar price action. дальше »
2020-9-12 00:00 | |
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The US Fed’s crazy inflation is making investors hoard Bitcoin…and whiskey
Fears of massive oncoming inflation, led by incessant money printing and economic disbalance in the US, is causing investors to seek refuge in a variety of alternative assets, including Bitcoin, gold, and even whiskey. дальше »
2020-8-29 13:00 | |
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Here are the 3 trends causing exchanges to see massive Bitcoin outflows
Exchanges have been seeing massive Bitcoin outflows in recent months, which has been a rapidly unfolding development seen by many as being bullish for the benchmark cryptocurrency. The post Here are the 3 trends causing exchanges to see massive Bitcoin outflows appeared first on CryptoSlate. дальше »
2020-8-26 13:00 | |
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Excessive Flooding in Sichuan Causes 20% Hashrate Losses for Chinese Bitcoin Miners
Torrential downpours of nonstop rain have been wreaking havoc in China’s Sichuan province, which has caused some operations to shut down ASIC mining devices. Reports from the region show that certain areas have seen electrical shortages and the aftermath is causing quite a bit of stress for Chinese bitcoin miners. дальше »
2020-8-19 20:30 | |
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Bitcoins Are Being Tokenized Faster Than They’re Mined as DeFi Craze Continues
The decentralized finance craze is causing demand for tokenized bitcoin to surge. дальше »
2020-8-16 17:45 | |
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Crypto investor sentiment hits “extreme greed” levels for first time since 2019
Bitcoin currently appears to be in a somewhat precarious position as it struggles to break above its $12,000 resistance, causing the entire crypto market to see some turbulence. The post Crypto investor sentiment hits “extreme greed” levels for first time since 2019 appeared first on CryptoSlate. дальше »
2020-8-12 02:28 | |
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Bitcoin Stalls After Steep Upward Move
On July 27, the Bitcoin (BTC) price reached a high of $11,394 after a massive rally. However, the upward move has stalled and the price has been gradually decreasing since. On July 27, the Bitcoin price created a bullish engulfing candlestick, causing the price to reach a high of $11,394, breaking out from the previous […] The post Bitcoin Stalls After Steep Upward Move appeared first on BeInCrypto. дальше »
2020-7-29 13:30 | |
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