Bitcoin eyes $21.4K zone as analyst predicts BTC price will chase gold

Bitcoin (BTC) rose toward new multi-month highs on Jan. 20 as analysis predicted a new trading range above $18,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price range “well defined” Data... Read more »

Here’s why $16.5K is critical for November’s $1.14B Bitcoin options expiry

Bitcoin (BTC) faced a 7.3% drop between Nov. 20-21 as it tested the $15,500 support. While the correction seems small, the movement has caused $230 million in liquidations in futures contracts. Consequently,... Read more »

Bitcoin Miners Face a Squeeze as BTC Production Cost Remains Well Above Spot Market Value

Bitcoin miners are dealing with lots of pressure following the recent difficulty adjustment increase on Nov. 20, 2022, and the leading crypto asset dropping further in value against the U.S. dollar following... Read more »

Here’s why Bitcoin price could tap $21K before Friday’s $510M BTC options expiry

Bitcoin (BTC) has been trying to break above the $20,500 resistance for the past 35 days, with the latest failed attempt on Oct. 6. Meanwhile, bears have displayed strength on four different... Read more »

Net Bitcoin ATMs growth drops globally for the first time ever

The domino impact of a protracted bear market seeped into the Bitcoin (BTC) ATM ecosystem as September 2022 recorded damaging development in world web installations for the primary time in historical past... Read more »

Bitcoin was almost named Netcoin by Satoshi Nakamoto, hints domain data

Arising with a great identify is usually one of the vital difficult selections one must make when launching a brand new service or enterprise. Historic knowledge of area identify purchases counsel that... Read more »

World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices

The world’s largest producer of application-specific built-in circuit (ASIC) bitcoin miners, Bitmain Applied sciences, has revealed the corporate is providing a reduction on Antminer S19 Professional mining rigs. The 100 terahash per... Read more »

Bitcoin drops 6.5% after Fed’s 75 bps rate hike; Tether under pressure to produce documents on USDT reserve

The most important information within the cryptosphere for Sept. 21 consists of Bitcoin tanking 6.5% after Fed introduced a 75 bps charge hike, a court docket ordering Tether to offer paperwork on... Read more »

India to Finalize Stance on Legality of Cryptocurrency by Q1 2023: Report

The Indian authorities is reportedly planning to finalize its stance on the legality of cryptocurrency by the primary quarter of subsequent yr with a purpose to turn into Monetary Motion Activity Power... Read more »

Fed Hikes Rates by Another 75 Basis Points

Key Takeaways The Federal Reserve has elevated rates of interest by one other 75 foundation factors. The U.S. central financial institution’s funds price is now 3% to three.25%. Because the Fed stays... Read more »