Cryptocurrency Analysis and News Portal
Ethereum has lost bullish momentum over the weekend and hints at a pullback in the short term. The cryptocurrency is still leading the current crypto market recovery with a 14% profit over the past week but might be negatively impacted by macroeconomic factors. Related Reading | Bitcoin Bulls Try To Recoup As
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The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin.Closely tied to the drop in the BTC price, Bitcoin mining profitability has been tanking since late 2021 and reached its lowest multi-month levels in early July
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Key takeaways: Michael Saylor has explained that MicroStrategy’s Bitcoin strategy factors in crypto market volatility. He also added that MicroStrategy’s balance sheet is structured so that the company can continue to hold BTC through adversity. Mr. Saylor’s comments come in the wake of Bitcoin slipping below the magic $21k price level that has
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I think that this market and technology is still so nascent, and it is still so early from a market penetration perspective. Different use cases, categories, disciplines from art, collectibles, music, photography; and less sexy stuff like you said, like record keeping, land titles, government documents, healthcare, literary NFTs, membership
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After dropping below $45,000 on March 31, Bitcoin (BTC) surprised investors with a quicker-than-expected recovery to the $46,500 level.Data from Cointelegraph Markets Pro and TradingView shows that bears managed to drop BTC to an overnight low of $44,210 before bulls showed up in force to lift the price back above $46,500
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Bitcoin trends higher in the last few days as it approaches the mid area around its current levels. The benchmark crypto has seen some relief in the past days but seems unlikely to fully reclaim its previous bullish momentum. Related Reading | Data: Bitcoin Long-Term Holder Supply Has Stagnated Since October
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Bitcoin (BTC) bended to new macro pressures on March 4 after bulls failed to hold $42,000 for long.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEurope stocks sink on Friday openData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching lows of $40,800 on Bitstamp Friday after a major options expiry event.Overnight performance,
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Cyber Security Industry Advisory Committee, the Australian cybersecurity advisor, highlights various crypto-related opportunities for the government to undertake as it prepares for the global mainstreaming of cryptocurrencies.The study released by Australia’s Department of Home Affairs, titled ‘Exploring Cryptocurrencies’, cites the rise in crypto adoption as the country undergoes a
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Stifel’s Chief Equity Strategist and Managing Director Barry Bannister believe that by 2023 bitcoin could lead to a plunge in price to $10,000. When discussing bitcoin’s price with Business Insider, Bannister said that a tightening of Federal Reserve policy and reducing the balance sheet would negatively impact bitcoin’s value. Related Reading |
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Large-scale miners are the dominant players in Bitcoin (BTC) mining — we should know because we are one. Having scaled up from a set of mining rigs in my dorm room, our team at Genesis Digital Assets has grown to over twenty industrial-scale mining farms across the globe in just
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