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The firm behind stablecoin Tether (USDT) has invested an undisclosed amount into German-based crypto miner Northern Data Group in a move backing artificial intelligence (AI) initiatives.In a Sept. 21 blog post, Tether said the strategic investment into Northern Data through Tether group company Damoon was intended to demonstrate “its determination
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With the exception of a brief, Ripple-related, mid-July move up to $31,800, bitcoin has traded in an increasingly tighter range for the past six weeks, its price mostly sticking between $29,000-$30,000, and then for the past few days rarely moving out of the $29,000-$29,500 area. At press time, it was
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Crypto options exchange Deribit's future-looking Bitcoin (BTC) volatility index — used as a crypto fear gauge of sorts — has reportedly reached its lowest level in two years, indicating a possible lack of price turbulence for Bitcoin in the near future. On July 24, crypto derivatives analytics platform Greeks Live noted
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied XRP (XRP) has observed an uptick in social dominance amid the prevailing bearish condition plaguing the asset. Crypto analytical resource Santiment suggests that the new XRP trend might indicate increasing chances of a potential price
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The bitcoin mining difficulty ribbon, comprising short and long-duration simple moving averages on the mining difficulty, has compressed for the first time in over a year, indicating miner capitulation. The previous bear markets, including the one seen in 2014, ended with the ribbon compression, data provided by analytics firm Glassnode
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Bitcoin (BTC) played wait-and-see with traders on June 28 as Wall Street opened to flat performance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBollinger eyes "logical place" for Bitcoin bottomData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $21,000 on Bitstamp, refusing to commit to a firm trend.The pair nonetheless avoided fresh
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The open interest of Bitcoin is growing again, indicating at a potentially large price movement in the near
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Bitcoin just had its largest 48-hour pullback since May 2020, back when the asset’s halving took place. The
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In brief:Bitcoin has broken the important $9,300 resistance level.The swift move by Bitcoin from around $9,150 to $9,350 has brought back much-needed volatility.Crypto Twitter has welcomed the move up by Bitcoin.BTC still has the usual resistances of $9,600 and $9,800 before retesting $10,000.Earlier today, Bitcoin (BTC) brought back much-needed volatility
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The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has seen a spike towards $10,500 before the halving took place on May 11. However, the price of Bitcoin has been having problems since the halving and is currently showing more signs of weakness.On the other hand, altcoins have
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