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Bitcoin Bearish Chart Pattern Looms, Legendary Trader Sounds Warning
Bitcoin, the largest cryptocurrency by market capitalization, has shown significant weakness in today’s trading session after failing to continue on its instant price rally following yesterday’s release of the April CPI report at 4. дальше »
2023-5-11 20:30 | |
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Analyst Predicts 3 (Fairly) Bullish Scenarios for Bitcoin (BTC) Price in 2023
Crypto microblogger Inmortal offers three scenarios for Bitcoin prices in 2023. The post Analyst Predicts 3 (Fairly) Bullish Scenarios for Bitcoin (BTC) Price in 2023 appeared first on BeInCrypto. дальше »
2023-5-12 19:30 | |
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Divergence between long-term and short-term holders could set up a bullish squeeze
Quick Take Long-term holders are defined as holding longer Bitcoin for more than 155 days, which would be from at least December 7th, 2022. Currently, 14.3 million Bitcoin are held by long-term holders, which is an all-time high; they bought relatively near the bottom of the cycle and have already been held through a banking […] The post Divergence between long-term and short-term holders could set up a bullish squeeze appeared first on CryptoSlate. дальше »
2023-5-12 19:07 | |
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Texas embraces greener Bitcoin mining with approval of flare gas emission bill
The Texas House and Senate have passed House Bill 591 – paving the way for Bitcoin miners to use flare gas emissions. Good for the environment In a message from the Texas Blockchain Council, posted by the Documenting Bitcoin Twitter, it was explained that the bill “clarifies” the sale of flare emissions for use by […] The post Texas embraces greener Bitcoin mining with approval of flare gas emission bill appeared first on CryptoSlate. дальше »
2023-5-12 18:49 | |
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Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long
The transaction fees debacle might be a short lived revenue bump for the miners but provides a glimpse of the future for the miners. дальше »
2023-5-12 18:40 | |
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Bitcoin [BTC] witnessed a bull trap on Wednesday as further losses are anticipated
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The market structure was technically bullisThe post Bitcoin [BTC] witnessed a bull trap on Wednesday as further losses are anticipated appeared first on AMBCrypto. дальше »
2023-5-11 18:30 | |
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Bitcoin price prediction: Can BTC sustain its price above $27k?
Key takeaways Bitcoin has been struggling to stay above $27,500 over the past few days. The cryptocurrency slightly dipped below $27k on Wednesday but is now trading above that level once again. The buying pressure in the market is currently low, and this could affect BTC’s price in the near term. дальше »
2023-5-11 17:39 | |
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Bitcoin Rebounds From $27,100 After Spike In Bearish Sentiment
Data shows the Bitcoin sentiment had turned quite bearish just before the asset’s price had rebounded up from the $27,100 level. Bitcoin Recovers Shortly After FUD Takes Over Market According to data from the on-chain analytics firm Santiment, investors showed high levels of fear around the time of the local bottom during the past day. дальше »
2023-5-11 17:00 | |
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Core Developer Amiti Uttarwar Will Be Reinforcing Decentralization At Bitcoin 2023
Speaking at Bitcoin 2023, Bitcoin Core Developer Amiti Uttarwar will advocate for Bitcoin’s unique and critical development model. дальше »
2023-5-12 16:55 | |
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American Democrats turned out to be the Bitcoin “killers”
The head of the cryptocurrency startup Tierion, Wayne Vaughan, said that representatives of the American Democratic Party are trying to “kill” bitcoin and other cryptocurrencies. Vaughan referred to the publication of journalist Eleanor Terrett, in which she reported a data leak. дальше »
2023-5-11 15:53 | |
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Marathon Digital gets SEC subpoena for the second time
Major bitcoin (BTC) mining company Marathon Digital Holdings received a fresh subpoena from the US Securities and Exchange Commission (SEC) concerning the company’s data center in Montana, which the regulator is investigating for possible securities laws violation. Marathon Digital revealed… дальше »
2023-5-11 15:14 | |
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Research: Bitcoin Inscriptions might have run their course
Bitcoin Ordinal Inscriptions, digital assets akin to NFTs inscribed on a satoshi, have been flooding the Bitcoin network with transactions, pushing it to an all-time high. While miners enjoy record-breaking profits from the fees generated, a surprising negative correlation has emerged between the number of transactions and active addresses. дальше »
2023-5-11 15:00 | |
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Distressed Bittrex to borrow bitcoin to fuel bankruptcy proceedings
The US Bankruptcy Court for the District of Delaware has given Bittrex crypto exchange the go-ahead to borrow an initial 250 BTC ($6.8 million at current prices) to fuel its bankruptcy proceedings. Bittrex filed for bankruptcy in the US on… дальше »
2023-5-11 15:00 | |
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CryptoSlate wMarket Update: False US government Bitcoin selling rumors trigger mild sell-off
In the last 24 hours, the cryptocurrency market cap saw net outflows of around $10 billion and currently stands at $1. 13 trillion — down 0. 36% from $1. 14 trillion. During the period, Bitcoin (BTC) and Ethereum’s (ETH) market cap fell 0. дальше »
2023-5-11 14:45 | |
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Bitcoin mempool starts to clear as fee paid per block falls back to one
The cryptocurrency space has been buzzing this week with BRC-20 tokens' market cap exceeding $500 billion, fueled by the rise of Ordinals earlier this year. CryptoSlate reported an unusual phenomenon: Bitcoin miners receiving more income from transaction fees than block rewards. дальше »
2023-5-11 13:50 | |
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Bitcoin futures OI falls to one-month low amid sustained decline
Bitcoin (BTC) might be witnessing a drop in investor interest. Its open interest (OI) in perpetual futures across significant exchanges registers considerable declines since May 1. Consequently, OI recently plummeted to a one-month low. дальше »
2023-5-11 13:14 | |
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Whales Keep Buying Bitcoin, What They Might Know That You Don’t
The Bitcoin price took a major hit yesterday despite a positive surprise in the US Consumer Price Index (CPI), following a rumor that the US government sold 9,800 BTC related to Silk Road. Since then, the market has struggled to recover from the shock. дальше »
2023-5-11 12:00 | |
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Bitcoin Price Turns Sell On Rallies As Bulls Struggle To Clear Hurdles
Bitcoin price is struggling to clear the $28,200 resistance. BTC is again moving lower and might decline toward the $27,000 support zone. Bitcoin attempted an upside break above $28,200 but failed. дальше »
2023-5-11 06:03 | |
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First Mover Asia: Expect Bitcoin to Hit $25.2K Soon: Strategist
ALSO: Bitcoin needs a compelling narrative to break from its current range, but that likely will not occur until next year, says the CEO of Web3 bond-market platform Umee. дальше »
2023-5-11 03:00 | |
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Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1
Marathon Digital Holdings reported quarterly results for its cryptocurrency mining operations on May 10. Fried Thiel, chairman and CEO of Marathon, said: “After weathering a tumultuous 2022 … this year is off to a strong start as we grew our hash rate, reduced our cost to mine, and improved our balance sheet during the first […] The post Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1 appeared first on CryptoSlate. дальше »
2023-5-11 02:28 | |
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Binance, Coinbase Bitcoin Reserves Fast-Dropping, Is This Bullish?
According to CryptoQuant’s data on May 10, Bitcoin reserves in centralized exchanges such as Binance and Coinbase experienced a significant decline in Q4 2022. The reserves remained stable in April despite the prices soaring from $20,000 to $31,000 during that period. дальше »
2023-5-11 02:00 | |
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Arkham says US government not moving Bitcoin; labeling issues continue
Arkham Intelligence said that it has not observed funds moving from wallets connected to the U. S. government in a series of tweets on May 10. In a now-protected account, Twitter user beetle (@1kbeetlejuice) suggested that “[U. дальше »
2023-5-11 00:12 | |
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From Genesis to Dominance: The Evolution of Bitcoin
Explore the evolution of Bitcoin from its origins to its unchallenged position as the leading cryptocurrency, and learn why it remains unrivalled even in such a diverse and competitive market. The post From Genesis to Dominance: The Evolution of Bitcoin appeared first on BeInCrypto. дальше »
2023-5-11 23:58 | |
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Tether has $1.5B in Bitcoin reserves: BDO Italia
The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals.
дальше »2023-5-11 23:30 | |
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Bitcoin [BTC]: Silver lining for miners as fees exceed 2021 levels, more inside
The divergence between daily miner revenue and 365-day SMA has broadened since the start of 2023. There were instances of transaction fees exceeding the block rewards given to miners. While The post Bitcoin [BTC]: Silver lining for miners as fees exceed 2021 levels, more inside appeared first on AMBCrypto. дальше »
2023-5-10 22:30 | |
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Research: Ordinals, BRC-20 drive financial boon for Bitcoin miners
The introduction of NFTs and BRC-20 tokens on the Bitcoin network through the Ordinals Protocol has sparked debate over its effects on transaction fees and chain bloat. Despite these concerns, Glassnode data analyzed by CryptoSlate reveals unexpected benefits for Bitcoin miners. дальше »
2023-5-10 21:43 | |
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Why is the crypto market down today? BTC briefly slips below $27k
Key takeaways The cryptocurrency market is down by roughly 1% over the past 24 hours. Bitcoin briefly dropped to $26,990 earlier today before recovering to now trade above $27,500. The dump came due to reports that there was a transaction with the United States government’s BTC wallet. дальше »
2023-5-10 21:31 | |
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Bitcoin Supply Is Moving From American Holders To Asian Wallets: Glassnode
Data from Glassnode reveals the Bitcoin supply has been observing a shift from wallets based in America to those in Asia recently. Bitcoin Supplies Held By Asian And US Investors Have Gone Opposite Ways Recently According to data from the on-chain analytics firm Glassnode, an interesting dichotomy has formed between the different regional supplies of the cryptocurrency recently. дальше »
2023-5-10 21:00 | |
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Bitcoin dives below $27k; almost $100M liquidated
Quick Take Bitcoin dropped below $27,000, which as a result, saw almost $100 million liquidated in the past hour. Coinglass data shows 90% of these liquidations came from longs being liquidated. This came after a positive CPI reading that had taken Bitcoin above $28,000 earlier in the day. дальше »
2023-5-10 20:32 | |
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Crypto price prediction: Bitcoin, Ethereum and KAVA after CPI data
Bitcoin price broke to $28,200 while Ethereum hovered above $1,800 as stocks climbed on US CPI data. KAVA price also rose, jumping 11% amid the positive sentiment and increased network activity. BTC, ETH and KAVA are trading near key technical levels. дальше »
2023-5-10 20:27 | |
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Bitcoin Liquidity on the Brink as Market Makers Pare Back in Crypto Markets
The abrupt exit of Jane Street and Jump, two crucial cryptocurrency market makers, has the potential to disrupt the liquidity flow across the industry, according to a Kaiko analyst. дальше »
2023-5-11 19:29 | |
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