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How Bitcoin Mining Profitability Could Point To Capitulation Still Ahead

Bitcoin mining profitability is subject to a number of things and recently these factors have been affecting mining profitability, hence putting it under pressure. The amount of money miners are making from carrying out their activities are low, contributed by the growing hashrate, mining difficulty, and last but not least, the price of the digital […] дальше »

2022-4-20 20:00


Long Bitcoin Is 2nd Most Crowded Trade, Fund Managers’ Cash Exposure Reaches Highest Since May 2020: Bank of America Survey

Managers are piling into cash ahead of central bank policy meetings. While equity positions are slashed to their lowest since October 2020, they are still above the historical average. The post Long Bitcoin Is 2nd Most Crowded Trade, Fund Managers’ Cash Exposure Reaches Highest Since May 2020: Bank of America Survey first appeared on BitcoinExchangeGuide. дальше »

2021-12-15 19:38


Big Week Ahead In Crypto with Central Banks Meeting, What’s Happening in the Bitcoin Market?

Bitcoin price spiked on Sunday to reclaim $50,000 only to be back under this level before the end of the day. On Monday, as of writing, BTC/USD is trading just above $48k. The cryptocurrency is still up more than 81% from its year low of about $27,700 in early January but down about 30% from […] The post Big Week Ahead In Crypto with Central Banks Meeting, What’s Happening in the Bitcoin Market? first appeared on BitcoinExchangeGuide. дальше »

2021-12-13 16:24


“Eventually,” A Digital Dollar Could Be Issued But Fed Is Still A “Long Way” From Deciding On It, Says A US Central Bank Official

Dallas Federal Reserve Robert Kaplan said the US central bank could see it eventually issuing its own digital currency, calling it the “last mile” in the digitization of the payment system. “I would imagine in the years ahead — it's something the Fed is actively working on now — and I can see reasons why […] The post “Eventually,” A Digital Dollar Could Be Issued But Fed Is Still A “Long Way” From Deciding On It, Says A US Central Bank Official first appeared on BitcoinExchangeGuide. дальше »

2021-8-22 17:38


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El Salvador Progresses With Volcano-Powered Bitcoin Mining Plan

The El Salvadoran government seems to be pushing ahead with its plans for bitcoin mining in the country, which would see the use of geothermal energy to power BTC mining activities in the country.  Geothermal Energy for Bitcoin Mining Still in Place El Salvador President Nayib Bukele in a tweet on Wednesday (June 23, 2021),Read More дальше »

2021-6-23 17:00


Bitcoin Miners Dumping Half A Million BTC Couldn’t Dent Bull Rally

Bitcoin price is still fighting to break back above $60,000 per coin, but things could push higher according to miner behavior. After dumping more than a half a million BTC on the market during the bull rally, and barely being able to make a dent in terms of price decline, miners might have finally given in and started holding their coins for the sudden surge ahead. дальше »

2021-4-7 18:30


More Buying Slots Ahead Even as Bitcoin Hits Record High: Analyst

Bitcoin has become too expensive to purchase following its wild run-up above $37,500 this Thursday. But the cryptocurrency still provides attractive buying opportunities with lower risk profiles. Investment consultants at TradingShot provided a fractal-based outlook of Bitcoin’s previous parabolic move in 2017 and the price corrections that appeared during the period. дальше »

2021-1-7 11:14


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Here’s the Crucial Level Bitcoin Needs to Break Before Analysts Flip Bullish

Bitcoin has been struggling to hold above $19,000 for the past couple of days, with the selling pressure above this price level proving to be significant If sellers continue suppressing the cryptocurrency’s price action and hold it below this level for an extended period of time, it could lead to some serious losses One trader is now noting that Bitcoin could still be on the cusp of seeing further upside in the hours ahead, noting […] дальше »

2020-12-7 19:37


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Bitcoin Faces Drop Under $16,000: What Analysts Think Is Next

After holding above $16,000 and pushing above $16,400, Bitcoin has faced a drop. The coin currently trades for $15,800, slightly below the aforementioned highs but still above key support levels. Some analysts expect the market to consolidate further in the days ahead, potentially after one more leg higher. Yet there are signs that the market […] дальше »

2020-11-14 22:00


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Macro Investor Dan Tapiero on Crypto Adoption: Emerging Economies Ahead of Developed States

Bitcoin and gold holder Dan Tapiero, says it is still early to talk of widespread crypto adoption as the proportion of users relative to the rest of the population remains low. Tapiero makes the remarks while referring to a study, which places Nigeria at top of the list of countries with the highest number of […] The post Macro Investor Dan Tapiero on Crypto Adoption: Emerging Economies Ahead of Developed States appeared first on Bitcoin News. дальше »

2020-10-20 08:30


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Bitcoin’s Strong Monthly Close Indicates October Will be a Green Month

Bitcoin’s recent bout of consolidation is still ongoing, but bulls appear to be in the process of attempting to break this trend The cryptocurrency is currently pushing towards its $11,000 resistance, which is a positive sign that indicates a test of this level may be imminent That being said, where it trends in the days and weeks ahead may depend largely on whether or not it can continue holding above some key levels One analyst […] дальше »

2020-10-2 21:00


Bitcoin Poised to Breakout with Strong Resistance Ahead, Presenting A ‘Turbo Moon’ Opportunity

This week, bitcoin jumped higher. Yesterday, the digital asset even briefly hit $11,000. However, BTC slowly made its way below $11k today but is still trading above $10,800. Going forward, $11,600 is “strong resistance” for bitcoin, and if the digital asset closes above this level, while ETH/BTC is below 0. дальше »

2020-9-17 15:00