Investors pull Bitcoin from exchanges as BTC on CEXs at lowest levels since 2018

👋 Need to work with us? CryptoSlate is hiring for a handful of positions! The variety of Bitcoins held on centralized exchanges has dropped to the bottom stage since 2018, in line... Read more »

Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop

The general energy consumption of the Bitcoin (BTC) community recorded a drastic drop after mimicking the two-week-long fall within the mining hash charge, which decreased the commuting energy for mining BTC blocks... Read more »

Bitcoin traders expect a ‘long consolidation’ phase now that BTC trades below $21K

Crypto merchants had a short alternative to pause and take inventory of the place issues are on June 16 because the relentless promoting that has hammered Bitcoin (BTC) and the broader market... Read more »

Here’s how pro traders could use Bitcoin options to buy the $20K BTC dip

Bitcoin hit a 2022 low at $17,580 on June 18 and lots of merchants are hopeful that this was the underside, however (BTC) has been unable to supply a day by day... Read more »

Bitcoin Struggles to Rebound as Miner Capitulation Continues 

Key Takeaways A number of studies point out that Bitcoin miners are promoting off extra cash to cowl the price of their operations. Miners have bought an estimated $500 million value of... Read more »

Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction

Through the previous week, Bitcoin’s hashrate has dropped just a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, nevertheless, obtained a break on Wednesday, June... Read more »

China warns Bitcoin is heading to zero but BoE looks on the bright side

The Chinese language authorities has capitalized on the violent downturn within the crypto market by warning crypto buyers that Bitcoin costs are “heading to zero.”  The South China Morning Submit reported on... Read more »

Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services

Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary buying and selling of NFTs, a press report has revealed. Accounts providing transaction channels and steering for cryptocurrencies have additionally been... Read more »

The cross-chain RUNE DEX offering native coins like BTC, ETH, and ADA

👋 Wish to work with us? CryptoSlate is hiring for a handful of positions! CryptoSlate not too long ago spoke to Tyler Bond “Familiarcow,” the Communications Director at 9 Realms, an organization... Read more »

Bitcoin price rises to $20.7K as Fed’s Powell says more rate hikes ‘appropriate’

Bitcoin (BTC) checked losses whereas United States equities drifted down on June 22 because the Federal Reserve stored quiet on financial coverage. BTC/USD 1-hour candle chart (Bitstamp). Supply: TradingView Powell retains quiet... Read more »