Hut 8 to merge with rival cryptocurrency mining firm US Bitcoin

Two notable Bitcoin mining firms, Hut 8 and US Bitcoin, have announced a merger as detailed in a press release published on February 7. The post Hut 8 to merge with rival cryptocurrency mining firm US Bitcoin appeared first on CryptoSlate. дальше »

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Understanding the current state of the Bitcoin market with the Futures curve

As the demand for crypto derivatives grows, so too does the demand for crypto market data. This article explains a new derivatives data product that has been developed by Brave New Coin in response. дальше »

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Understanding the current state of the Bitcoin market with the Bitcoin Futures curve

As the demand for crypto derivatives grows, so too does the demand for crypto market data. This article explains a new derivatives data product that has been developed by Brave New Coin in response. дальше »

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Former Coinbase Manager Pleads Guilty To Conspiracy Charges

Former Coinbase Global Inc. product manager Ishan Wahi has pleaded guilty to two counts of conspiracy to commit wire fraud, according to a press release from the U.S. Department of Justice (DoJ).  Related Reading: Will Bitcoin See A Valentine’s Day Massacre Or Can Bulls Get Back To $24,000? After Nikhil Wahi was charged with receiving […] дальше »

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Bitcoin supply in profit and loss has diverged, potentially marking a bottom in cycle

Definition The circulating supply in profit, i.e., the amount of coins, the price of which at the time they last moved, was lower than the current price. The post Bitcoin supply in profit and loss has diverged, potentially marking a bottom in cycle appeared first on CryptoSlate. дальше »

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Average BTC block size reaches new ATH at over 2 MB

Glassnode data analyzed by CryptoSlate shows that Bitcoin (BTC) average block size reached a new all-time high by reaching 2.25 megabytes (MB). The post Average BTC block size reaches new ATH at over 2 MB appeared first on CryptoSlate. дальше »

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Bitcoin’s on-chain metrics are flipping bullish: Bitfinex report

Bitfinex market report points to bullish metrics for BTC Supply in Profit, Bitcoin Realised HODL (RHODL) Multiple and Reserve Risk ratio are all flashing green. Bitcoin has traded to above $23k again after slipping on Monday following broader market reaction to economic news. дальше »

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UK Government Pursues Digital Pound While Bank CEOs Restrict Bitcoin Access

The UK continues to show its desire for a digital pound, just as its companies try to limit access to Bitcoin. дальше »

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Bitcoin Favored Over Ether by CME Traders So Far This Year, Arcane Research Report Shows

Open interest in bitcoin futures on the Chicago Mercantile Exchange has risen, while ether’s has declined, according to an Arcane Research report. дальше »

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Bitcoin: For the first time since April 2022, BTC holders see profit

The recent rally in BTC's price has put many holders in profit. Many holders are, however, inclined to sell, rather than hold. In the first 30 days of 2023, Bitcoin’s price rallied signifiThe post Bitcoin: For the first time since April 2022, BTC holders see profit appeared first on AMBCrypto. дальше »

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Nigerians Are Fighting For Their Own Money And Bitcoin Can Help

As Nigerians have been cut off from access to their own money amid a banknote redesign, Bitcoin is the best chance to reinvent the system. дальше »

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Bitcoin Mining Firms Hut 8 and US Bitcoin Corp. Announce Merger

The merged company will have access to 825 MW energy, including infrastructure operations with renewable and zero-emission energy sources. дальше »

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Grayscale continues to challenge SEC for spot Bitcoin ETF conversion

Grayscale announced that it had filed its final briefs in its litigation against the SEC to challenge the decision to deny the conversion of the Grayscale Bitcoin Trust into a spot Bitcoin ETF on February 7. дальше »

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Half Of All Bitcoin Unmoved In 2 Years: What Does This Mean For The BTC Price?

A popular crypto analyst called “Documenting Bitcoin” released fresh data on Tuesday showing that half of all Bitcoin (meaning 9. 64 million BTC worth $86. 4 billion) have not been moved for the last two years. дальше »

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Will Bitcoin See A Valentine’s Day Massacre Or Can Bulls Get Back To $24,000?

The price of Bitcoin has returned to sideways action following a massive rally from its yearly lows at around $16,400. The cryptocurrency has been trending to the upside on favorable macroeconomic winds, but uncertainty remains king and could hinder any bullish momentum. дальше »

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Bitcoin Rises to $23.3K as Jerome Powell Repeats 'Disinflationary Process' Comment

The Fed chair spoke days after the central bank last hiked interest rates. дальше »

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Bitcoin On-Chain Metrics Look Bullish, Bitfinex Report Highlights

The supply “in profit,” a measure of market sentiment, has risen 20% since January. дальше »

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Bitcoin up 287,000% since 2011; GBPUSD 11% away from all-time low

Quick Take The pound has been in a long-term decline since the 70s.

The post Bitcoin up 287,000% since 2011; GBPUSD 11% away from all-time low appeared first on CryptoSlate.

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Bitcoin mining firms Hut8 and US Bitcoin announce merger 

Hut 8 and U.S. Bitcoin have joined forces to form a new bitcoin mining corporation dubbed Hot 8 Corp., a large-scale publicly listed bitcoin mining corporation with access to 825 MW of electricity. дальше »

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Bitcoin’s Fear and Greed Index Stays In “Greed Zone” For 13 Straight Days — Can BTC Sustain The Bull Run?

After several months of fear around the prices of digital assets, investors are now beginning to look more confident in the prospects of Bitcoin (BTC) and other assets following price surges in the past two weeks. дальше »

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Bitcoin may fall to $12k says Benjamin Cowen

Benjamin Cowen, a prominent cryptocurrency analyst, has established a price goal for bitcoin (BTC) if its value was to plummet. дальше »

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Arthur Hayes Started Buying Bitcoin (BTC), Here's Why

Former Bitmex CEO Arthur Hayes on why he resumes buying orange coin дальше »

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This Bitcoin On-Chain Metric Is At A Historical Resistance, Will BTC Decline?

This Bitcoin on-chain metric is currently at a level that has historically provided resistance. Will BTC decline after this retest this time as well? Bitcoin Short-Term Holder SOPR Is At The “Sell” Level As pointed out by an analyst in a CryptoQuant post, the bitcoin price has fallen at this level in the past. дальше »

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Barry Silbert’s DCG selling off assets at distressed prices, but market doesn’t care

Key Takeaways DCG own the Grayscale Bitcoin Trust, which has been trading at a sizeable discount following concern around the reserves held DCG has begun selling off crypto assets at distressed prices following bankruptcy of Genesis Market seems to have priced this in, but there could be more twists to come A couple of weeks […] The post Barry Silbert’s DCG selling off assets at distressed prices, but market doesn’t care appeared first on CoinJournal. дальше »

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First Mover Americas: The Graph’s GRT Soars 92% in 7 Days

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »

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What I’ve Learned Onboarding Merchants In Portugal To Bitcoin

Lessons learned by one expat Bitcoiner living in Portugal, who decided the merchants at her local market needed the Lightning Network. дальше »

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Bitcoin takes ‘lion’s share’ as institutional inflows hit 7-month high

$117 million heads into crypto investment products in a single week, with the vast majority going straight into Bitcoin.

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Shares of Bitcoin Miner Hut 8 Slump on Merger With US Bitcoin Corp.

The combined company will have access to 825 MW of energy capacity. дальше »

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The Ordinals Protocol Has Caused a Resurgence in Bitcoin Development

The non-zero probability of NFTS fueling bitcoin’s next bull run cannot be ignored, the report said. дальше »

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Second worse drawdown in Bitcoin history in terms of realized cap

Definition Market capitalization (or network value) is defined as the product of the current supply by the current USD price. The post Second worse drawdown in Bitcoin history in terms of realized cap appeared first on CryptoSlate. дальше »

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Layer1 CEO accuses founder of running it as his ‘own personal fiefdom’

San Francisco-based Bitcoin mining company Layer1 Technologies has been hit with a lawsuit by its own CEO John Harney and investment firm, DGF Investments.  The complaint accuses Layer1’s founder Jakov Dolic and board member Tobias Ebel of exploiting an alleged state of corporate paralysis at the Swiss private equity firm Enigma Holding (Layer1’s parent company) […] The post Layer1 CEO accuses founder of running it as his ‘own personal fiefdom’ appeared first on CryptoSlate. дальше »

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Bitcoin (BTC) Just Printed Its First Golden Cross in Months, What's Next?

Analysts view golden cross as sign of positivity дальше »

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Bitcoin mining company Layer1 caught up in internal legal battle

Layer1 Technologies CEO John Harney and DGF Investments Inc. have filed a lawsuit against Jakov Dolic and Tobias Ebel, the other board members of the bitcoin (BTC) mining firm for allegedly looting the company for their personal gains. According to… дальше »

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Damus to lure in Crypto Twitter with Bitcoin revenue payout option

The team said that the upcoming feature would be made available in the app’s next update but is yet to reveal a timeframe.

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Bitcoin sees golden cross which last hit 2 months before all-time high

A golden cross completes on the daily chart, but Bitcoin still has to contend with a “death cross” on weekly timeframes.

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Bitcoin Price Grinds Lower But This Support Can Spark A Fresh Increase

Bitcoin price is correcting gains and tested the $22,600 zone. BTC could start a fresh increase if it manages to stay above the $22,500 support. Bitcoin is correcting gains below the $23,000 support zone. дальше »

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First Mover Asia: Crypto Is Flat Before Fed Chair Speech; Japan's SBI Building a Metamask Competitor for Yen-Denominated NFT Trading

Crypto trading is largely denominated in USD, but the United States isn't the center of the digital assets world; bitcoin trades sideways as investors await the latest Jerome Powell comments. дальше »

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Bitcoin: Evaluating if it's the right time to enter the BTC market

The count of mini BTC addresses has shot up in the last month. Price chart reading showed that buying pressure has weakened over time.  Since Bitcoin’s [BTC] price regained the $20,000 maThe post Bitcoin: Evaluating if it's the right time to enter the BTC market appeared first on AMBCrypto. дальше »

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Bitcoin Small Addresses Have Been Rapidly Growing, Here’s What It Means

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Bitcoin Holds Steady Near $23K as Investors Weigh Their Next Steps

Bitcoin and ether were recently trading sideways. Equities declined. дальше »

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Top Crypto Miner At Record Bitcoin Production, Bear Market Over?

The Bitcoin (BTC) mining and data center hosting company Riot has recently announced its production and operations update for January 2023. It has produced a new all-time high of 740 Bitcoin in the last month. дальше »

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As Monetary Policies Grow Complex, Nigeria Turns to Bitcoin

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Tim Draper Bitcoin Pitch Gets Cold Shoulder at Sri Lanka Central Bank

Tim Draper's mission to promote Bitcoin as a solution to corruption in Sri Lanka was rejected by the Central Bank. The post Tim Draper Bitcoin Pitch Gets Cold Shoulder at Sri Lanka Central Bank appeared first on BeInCrypto. дальше »

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How Bitcoin NFTs Might Accidentally Fix Bitcoin's Security Budget

Ordinal NFTs have rejuvenated Bitcoin’s transaction fee market. Will it prove useful? дальше »

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Data on Taproot Ordinals points to higher Bitcoin fees, chain bloat

A Taproot Wizard jpeg was mined into the Bitcoin blockchain on February 1, sparking debate on the appropriate use of network resources, particularly inefficiencies due to increased block size. The post Data on Taproot Ordinals points to higher Bitcoin fees, chain bloat appeared first on CryptoSlate. дальше »

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Bitcoin Golden Cross Versus Death Cross: Why The Outcome Is Critical

Bitcoin price is barely clinging on above $23,000, with the outcome over the next several days being extraordinarily critical for the fate of the crypto market.   On daily timeframe, BTCUSD ticks ever closer toward a golden cross. дальше »

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“Big Short” Investor Argues Bitcoin (BTC) Has No Utility

Eisman raised concerns about the lack of clarity regarding the role of Bitcoin in the financial system and questioned its utility as a currency дальше »

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Bitcoin bear market could return, analysts believe

Regarding the price movement of bitcoin in the first part of the week, a golden cross, a death cross, and the Federal Reserve are the three most important factors to consider. дальше »

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Marathon Digital produced a record number of bitcoin in January

Marathon reports a 45% sequential increase in its monthly BTC production. The digital asset technology company also sold 1,500 bitcoin last month. Wall Street sees upside in Marathon stock to a little under $12 on average. дальше »

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Price analysis 2/6: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT

The US dollar’s rise has put brakes on Bitcoin’s price recovery, but lower levels are likely to attract buyers for BTC and altcoins such as DOGE. дальше »

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