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Bitcoin Exchange Balances are Down $3 Billion from Mid-March; What This Could Mean
Bitcoin has entered a firm bout of sideways trading as it struggles to garner any notable near-term momentum This comes shortly after its latest rejection at $9,900, which confirmed that the heavy resistance around $10,000 may prove to be insurmountable This short-term volatility doesn’t seem to be phasing investors, as data shows that exchanges have seen a balance decline of $3 billion worth of BTC since March 12th Bitcoin and the aggregated cryptocurrency market have […] дальше »
2020-5-17 19:00 | |
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Bitcoin’s Hashrate Drops 30% Just Days After Halving
Following Bitcoin’s third halving to date, the network’s total hashrate has fallen by around 30 percent. The data comes courtesy of BTC network analysis firm CoinMetrics. io. The sudden loss of revenue for miners following the reduction in block reward will mean that some mining operations are no longer profitable. дальше »
2020-5-15 07:15 | |
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Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility
On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8. 59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. дальше »
2020-5-13 03:15 | |
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Top Canadian Mining Operation Hut 8 Sees Revenues Drop for The 3rd Consecutive Quarter
Crypto mining firm Hut 8 have reported their Q1 2020 Financial results in line with the BTC halving event that was triggered yesterday night after the 630000th block was mined. Their posted results have indicated gradual dwindling revenues the crypto miners have experienced. дальше »
2020-5-13 23:42 | |
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This Bitcoin Open Interest Trend Signals that There is Massive Room to Rally
Bitcoin is once again attempting to establish a firm foothold within the five-figure price region following the slight rejection it saw overnight The cryptocurrency’s current upwards momentum is showing major signs of being far more sustainable than that seen during previous months and years One economist is now noting that the lack of leverage seen during this movement signals BTC has further room to run Bitcoin is once again attempting to establish a firm footing […] дальше »
2020-5-9 02:00 | |
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Bitcoin ATM Provider to Double Machines After 40% Surge in First Time Users
Coinstar hosts over 3,500 Bitcoin ATMs and wants that number doubled as usage grew despite the recent lockdowns that were necessitated by COVID-19. Bitcoin ATMs provider Coinme will increase the number of its automated BTC teller machines in selected locations, overseen by coin-counting kiosk firm, Coinstar. дальше »
2020-5-9 19:10 | |
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BTC is Best Hedge Against Inflation a Billionaire Claims
Paul Tudor Jones, a global figure in the hedge fund industry, is betting on Bitcoin (BTC) as the best option for hedging against inflation. The billionaire investor has compared bitcoin today to gold in the 1970s Paul Tudor Jones has said his firm Tudor BVI Global Fund is buying bitcoin to hedge against the ‘great more info… The post BTC is Best Hedge Against Inflation a Billionaire Claims appeared first on Coinjournal. дальше »
2020-5-9 13:24 | |
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Bitcoin Surges Ahead of Halving, Aiming for $10,500
Bulls have firm control over Bitcoin’s price action. Indicators show BTC’s trend is expected to continue towards $10,500. Bitcoin Is Breaking Loose Bitcoin began surging over the last few hours... The post Bitcoin Surges Ahead of Halving, Aiming for $10,500 appeared first on Crypto Briefing. дальше »
2020-5-8 00:33 | |
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Bitcoin’s on-chain metrics suggest a “bullish” market regime may be imminent
Since March’s lows, Bitcoin has gained over 100 percent, outperforming most other over $100 billion assets within the same time frame. Yet, this may be the start of an even greater rally with a top on-chain analytics firm affirming that per their data, BTC is just transitioning to a “bullish” market regime, exiting the bear […] The post Bitcoin’s on-chain metrics suggest a “bullish” market regime may be imminent appeared first on CryptoSlate. дальше »
2020-5-7 21:00 | |
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CoinShares Reveals 5 Possible Scenarios Post BTC Halving; Which Outcome Is Likely?
CoinShares, a crypto investment advisory firm released a research report discussing various outcome scenarios of the upcoming Bitcoin block reward halving and its impact on the crypto industry. The halving event has brought back the attention on Bitcoin more than ever as it is evident from Google metrics data showing that the searches for the […] дальше »
2020-5-7 23:26 | |
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Bitcoin Price Tops $9,300 As Bitwise Study Says Holding BTC Boosts Any Portfolio
Bitcoin has hit a daily high of $9,392. 64, the top cryptocurrency’s upside coming on the back of strong moves in the past 24 hours. Elsewhere, asset management firm Bitwise says that BTC would have boosted any portfolio even with its price decline after the 2017 bull run. дальше »
2020-5-7 19:14 | |
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7 Days Left Until the Great Bitcoin Halving: Hashrate Jumps Over 140 Exahash, Miner’s Hoard
Just recently the price of bitcoin jumped over the $9,000 per coin zone, but retracted back a hair not too long afterward. On May 3, the research and analysis firm Glassnode reported that the overall BTC hashrate touched another all-time high above 140 exahash per second. дальше »
2020-5-5 01:00 | |
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Renowned Analyst Chris Wood, Urges Investors to Buy BTC with the Halving Event Imminent
With the Bitcoin halving imminent, Chris Wood Global Head of Equity Strategy at Jeffries Financial Group has urged investors to invest in more BTC. According to Wood, who is also the author of the firm’s popular weekly memo dubbed Greed and Fear, following the past halving events (2012 and 2016) the BTC has always increased […] дальше »
2020-5-3 18:54 | |
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Bitcoin Has Been Fundamentally Altered by Its Recent Rally; Here’s What This Means
Bitcoin’s intense rally seen throughout the past six weeks has allowed it to erase nearly all the losses that were brought about when it first started declining from highs of $10,500 in late-February This firm uptrend has also allowed it to gain fundamental strength as its market dynamics see a major shift Options data for the crypto is now signaling that traders are positioning themselves to benefit from BTC seeing further upside It has been […] дальше »
2020-5-2 02:00 | |
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Bitcoin’s Move Past $8,000 Liquidates Millions; Sends Bears into Hiding
Bitcoin’s overnight upswing allowed the crypto to gain what appears to be a firm foothold within the $8,000 region This movement came about shortly after the extended period of sideways trading that it faced throughout the past several days It also liquidated millions of dollars in short-positions, leading BTC’s open interest to dive as bears go into hiding Bitcoin’s notable overnight rally has marked a major extension of the uptrend that was first sparked when […] дальше »
2020-4-30 02:00 | |
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Digital Asset Infrastructure Firm Taurus Raises $11M From Arab Bank Switzerland, Tezos
Taurus Group has secured more than €10 million in an Arab Bank Switzerland-led Series A funding round in a resoundingly successful bid to expand. Back in September 2019, the digital assets firm and Arab Bank Switzerland closed a partnership to offer the bank’s customers Bitcoin (BTC) and Ether (ETH) brokerage and custody services. It has […] дальше »
2020-4-30 23:24 | |
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Bitcoin Just Shattered an “Optimal Short” Level; Here’s What This Means
Bitcoin saw a surprising overnight surge that allowed the cryptocurrency to capture a position within the $8,000 region This movement came about after an extended period of consolidation and multiple firm rejections at $7,800 BTC’s present momentum may not last too long, however, as the crypto is fast approaching a level that analysts are describing as an “optimal short” due to the resistance that has been established here Bitcoin’s intense uptrend from its recent lows […] дальше »
2020-4-30 21:00 | |
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Crypto Exchange Bitfinex Unveils Social Networking Platform “Bitfinex Pulse”
Bitfinex, a leading British Virgin Islands-based Bitcoin (BTC) trading venue, has announced the launch of its native social network called Bitfinex Pulse. The firm says the new social network will enable traders to share ideas and high-quality content that will give them an edge when trading, according to reports on April 27, 2020. дальше »
2020-4-28 21:00 | |
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Bitcoin: 'Profitability' has no role to play in the concentration of mining
Bitcoin mining is expensive as it is but the upcoming BTC halving seems to be a huge challenge for the miners. As estimated by the crypto-focused research firm TradeBlock, the average cost to mine a sThe post Bitcoin: 'Profitability' has no role to play in the concentration of mining appeared first on AMBCrypto. дальше »
2020-4-13 20:00 | |
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Canada: Bitcoin (BTC) Fund 3iQ Scores Listing on Toronto Stock Exchange
Canadian digital assets investment firm 3iQ has announced the listing of its Bitcoin Fund on the Toronto Stock Exchange following the completion of its initial public offering. 3iQ Bitcoin Fund Finally Completes IPO According to a press release on Thursday (April 9, 2020), 3iQ merged with 3iQ Bitcoin Trust, with the Bitcoin Fund having anRead MoreRead More. дальше »
2020-4-11 15:00 | |
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Tech Giant Microsoft Patents New Bitcoin (BTC) Mining System
Tech giant Microsoft has patented a new crypto mining solution that uses human bodily activity data to reward people with digital currency when they perform certain tasks. The firm says the new system aims to reduce computational energy consumed during mining while also making the mining process faster, according to a report released April 6,Read MoreRead More. дальше »
2020-4-8 01:00 | |
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There’s Only A 4% Chance Bitcoin Sets A New All-Time High In 2020
The probability of bitcoin hitting a new all-time high of more than $20,000 by the end of 2020 is a mere 4%. This is according to data relayed by analytics firm Skew, which monitors the bitcoin (BTC) options market. дальше »
2020-3-29 20:18 | |
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Sign of Strength: Bitcoin Sees Massive Spike in Buy-Side Orders Despite Selloff
Bitcoin’s sharp overnight selloff marked a firm end to the bout of consolidation that it had been experiencing over the past few days, with this movement sending BTC reeling down to its key support within the lower-$6,000 region. дальше »
2020-3-29 00:30 | |
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Yes, Bitcoin Is still A Safe Haven Asset Despite Mammoth Price Drop
Bitcoin (BTC) is still a safe haven asset despite its massive price drop over the past week. At least, according to the digital assets research firm, Bloqport. Bitcoin’s inability to retain value as other assets declined has raised questions about claims that it is a safe haven asset. дальше »
2020-3-17 20:35 | |
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Bitcoin Options Volume Skyrockets, Hits All-Time High Of $198 Million
Bitcoin (BTC) achieved yet another milestone yesterday as the digital asset’s options skyrocketed to hit its highest daily volume to date. According to data provided by cryptocurrency research firm Skew via its Twitter page, nearly $200 million worth of Bitcoin options were traded on March 9. дальше »
2020-3-10 20:43 | |
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Coronavirus: Millennials Choose Bitcoin as the Best Investment
iTrustCapital, a Los Angeles-based firm that enables clients to buy and sell bitcoin (BTC) and other cryptocurrencies, as well as physical gold in retirement accounts on a 24/7 basis, has released its latest survey report which reveals that most millennials prefer to invest in digital assets and gold in the wake of the coronavirus pandemicRead MoreRead More. дальше »
2020-3-4 22:00 | |
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Increased Safeguards Is Needed For Crypto Growth As Nearly $10B Has Been Stolen: KPMG
Ever since 2017, hackers have stolen over $9.8 billion in digital assets due to poorly written code or lax security, according to a KPMG report from Monday. Furthermore, the accounting firm added that the adoption of cryptocurrencies like Bitcoin (BTC) and Ether (ETH) by institutional investors has increased competition amongst investors seeking to occupy a […] дальше »
2020-3-3 23:42 | |
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UK’s BTC-Only Exchange, Coinfloor, Simplifies Bitcoin Buying Service For Newbies
Coinfloor, one the earliest crypto exchanges based in the U. K, announced that it is in the process of scaling BTC services within its ecosystem. The firm made headlines towards the end of 2019 following a decision to delist all cryptocurrencies apart from Bitcoin. дальше »
2020-2-20 19:18 | |
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OpenNode Adds Apple Pay and Allows Merchants To Get Settlements In Bitcoin Via Wyre
BTC payments processor, OpenNode, plans to launch a pilot test on Apple Pay that will allow its merchants to receive payments in Bitcoin. The firm’s marketing director, Ryan Flowers, confirmed that they have indeed found a solution to convert fiat payments made through Apple pay into BTC for the receiving party. Want to accept traditional […] дальше »
2020-2-20 18:58 | |
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Bitcoin Now in Firm Bull Territory; Here’s Why a Move to Fresh 2020 Highs is Imminent
Bitcoin (BTC) saw some intense bull-favoring volatility this morning when the cryptocurrency rallied from $9,600 to over $10,000, with the latest upwards movement marking an ardent defense of the support that exists around $9,500. дальше »
2020-2-19 04:00 | |
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Bitcoin Just Bounced at a Key Level, Signaling Further Gains are Imminent
Bitcoin and the aggregated crypto markets have seen some turbulence over the past couple of days, with bears gaining firm control over the entire market after BTC broke below $10,000 this past weekend. Analysts are... дальше »
2020-2-17 19:32 | |
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Bitcoin Plummets to $9,700 in Violent Selloff After Breaking Below a Key Level
Bitcoin saw an incredibly sharp selloff this morning after previously being caught within a firm bout of sideways trading around $10,300. This latest selloff sent BTC reeling below the key $10,000 price region, marking the first break below this level since last Monday. дальше »
2020-2-16 19:20 | |
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This Simple Observation Shows an Intense Bitcoin Downtrend is Imminent
Bitcoin has been caught within a firm bout of sideways trading over the past day, with its buyers and sellers being deadlocked within an intense battle that has left BTC’s price ranging sideways around $10,200. дальше »
2020-2-14 21:00 | |
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Galaxy Digital Lays Off 15% Of Its Staff, Crypto Firm In Trouble Or Business As Usual?
Mike Novogratz’ Galaxy Digital announced a workforce cut of 13 employees in the coming days, as the company faces challenges on its profits table. The news comes at a time the cryptocurrency market is booming with Bitcoin (BTC) having breached the psychological resistance at $10,000 USD. дальше »
2020-2-14 17:57 | |
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Litecoin Foundation and Cred Partnership Allows LTC Holders Earn Interest up to 10%
According to a press release issued on February 10, 2020, Litecoin Foundation – the organization in charge of Bitcoin (BTC) fork Litecoin (LTC) – has partnered with financial services firm Cred to offer a wide array of services to LTC holders. дальше »
2020-2-11 10:00 | |
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Data shows retail investors are frantically accumulating Bitcoin
Bitcoin’s firm 2020 uptrend has sparked a sense of “FOMO” amongst cryptocurrency investors who are keeping their eyes on a plethora of different fundamental factors that could catalyze an intense BTC bull rally in the year ahead. дальше »
2020-2-11 02:28 | |
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This Simple Pattern Suggests the Recent Crypto Rally is Far from Over
The aggregated crypto market has been caught within a firm uptrend throughout 2020, with all pullbacks being fleeting and followed by further upside. This momentum has largely stemmed from Bitcoin’s recent bullishness, and in the near-term BTC will likely continue to offer guidance to the markets. дальше »
2020-2-11 00:00 | |
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Bitcoin (BTC) Could See a Notable Correction Before Uptrend Continues
It’s no secret that Bitcoin has been caught within a firm bull trend throughout 2020, and yesterday’s rally to over $10,000 seemed to suggest that this uptrend has reached a boiling point, with a major... дальше »
2020-2-10 21:08 | |
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Bitcoin’s Volume Delta Tells a Bullish Tale; is a Major Push to $12,000 Imminent?
Bitcoin’s recent bullishness has come to a grinding halt when BTC faced multiple firm rejections earlier today after attempting to break above the strong resistance that exists between $9,800 and $10,000. дальше »
2020-2-8 04:00 | |
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Research Firm: BTC Fundamentals Strengthening Ahead of Bitcoin Halving
In case you missed it, the supply of new Bitcoin hitting the market will drop this year. The event, known as the Bitcoin halving, will see the number of Bitcoin rewarded to miners per block fall to just 6. дальше »
2020-2-8 01:00 | |
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Prepare for Fireworks if Bitcoin Closes Above this Critical Level
Bitcoin’s firm 2020 uptrend has shown no signs of ending anytime soon, and bulls now appear to be pushing the cryptocurrency above the upper boundary of a long-established trading range that was previously suppressing BTC’s price action. дальше »
2020-2-7 02:00 | |
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$50 Billion Asset Manager Makes ‘The Investment Case for Bitcoin’
The future is looking bright for Bitcoin, according to ETF and mutual fund manager VanEck. The firm many believe in the best position to first launch a BTC exchange-traded fund explains its positive outlook for the leading cryptocurrency in a new report. дальше »
2020-2-5 23:18 | |
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New Bitcoin Bank App Launched By Twitter, Medium Co-Founder Backed Fintech Firm Mode
Biz Stone, the Medium & Twitter co-founder has invested in a financial services company called Mode. The company has just released a BTC (Bitcoin) banking application for use in iOS gadgets. The UK-based firm said that the application will be available globally, but users in the United States would not have access to it yet. […] дальше »
2020-2-5 21:05 | |
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Key technical pattern suggests Bitcoin’s bear trend is over; levels to watch for
Bitcoin’s firm 2020 uptrend has done more than just put some more money into the pockets of investors, as it now appears that it has fundamentally altered BTC’s market structure, signaling that a reversal of the recent bear market is imminent. дальше »
2020-2-2 05:16 | |
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Canadian Mining Firm Publicly Rejects Bitcoin Cash Tax Plan
TAAL, a Canadian Bitcoin mining firm which mines Bitcoin (BTC), Bitcoin Cash (BCH), and Bitcoin SV (BSV), has announced their plans to no longer mine on the BCH chain. This announcement comes in response to the unilateral announcement to impose a 12. дальше »
2020-1-29 02:00 | |
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This Pattern Suggests Bitcoin May Soon Experience “Max Pain Scenario”
The past few weeks have made it increasingly unclear as to where Bitcoin and the crypto markets are heading next, as BTC has now entered a firm consolidation trend that has led it to trade sideways within the mid-$8,000 region. дальше »
2020-1-27 21:00 | |
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