Technicals suggest Bitcoin is still far from ideal for daily payments
It is no secret that a vast majority of investors, both from the realm of traditional as well as crypto finance, view Bitcoin (BTC) as a long-term store of value akin to “digital gold.” And, while that may be...
How Lightning Network outperforms Ethereum for tipping
The Canadian band The Carbons got a little more than just a tip during a live performance in Kelowna, British Columbia. When passerby Ben from BTCSessions, a Youtuber and Bitcoin (BTC) educator, saw that the band accepted Bitcoin, he...
Marathon inks new arrangements to achieve 2023 hash rate target
Bitcoin miner Marathon Digital Holdings has secured a deal that it says provides electricity to generate enough power to contribute 23.3 exahashes per second (EH/s) to the Bitcoin network.Marathon revealed in a July 18 announcement that data...
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Total crypto market cap reclaims $1 trillion as Bitcoin, Ethereum and altcoins breakout
Crypto traders found cause for celebration on July 18 as the total market capitalization climbed back above the $1 trillion mark following weeks of widespread selling after Bitcoin (BTC) price swept yearly lows below $18,000.The green day for...
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Data points to a Bitcoin bottom, but one metric warns of a final drop to $14K
“When will it end?” is the question that is on the mind of investors who have endured the current crypto winter and witnessed the demise of multiple protocols and investment funds over the past few months.This week, Bitcoin (BTC)...
Sub-$22K Bitcoin looks juicy when compared to gold’s market capitalization
Bitcoin's (BTC) price is down 56% year-to-date, but the correction was not strong enough to remove the digital asset from the list of top-20 global tradable assets. Bitcoin’s current $400 billion market capitalization stands higher than...
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Bitcoin price nears critical 200-week moving average as Ethereum touches $1.5K
Bitcoin (BTC) hovered at $22,000 at the July 18 Wall Street open as analysts warned that bulls would not break resistance in one go.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCan Bitcoin win back bear market support?Data from...
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BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
Bitcoin (BTC) rose above $22,000 and Ether (ETH) traded above $1,500 on July 18, indicating that bulls are gradually returning to the cryptocurrency markets. This pushed the total crypto market capitalization above $1 trillion for the first time...
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BTC miners ‘finally capitulating’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week nearing key resistance as the shock of the latest United States inflation data passes — can the strength continue?The July 17 weekly close may have been practically identical to the last, but BTC/USD...
Bitcoin hodling activity resembles previous market bottoms: Glassnode
The majority of Bitcoin has been “hodled” for at least three months in behavior bearing a striking resemblance to previous Bitcoin market bottoms, says blockchain analytics firm Glassnode.In a July 16 tweet, Glassnode noted that more than 80%...
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Cat spoils Bitcoin node during price crash with ‘dirty protest’
A Bitcoin node is a pivotal piece of the Bitcoin (BTC) protocol. For bad actors, attacking nodes and bringing them offline is a sound strategy to undermine the network’s resilience. For one British Bitcoiner, such an attack took place,...
Could Bitcoin miners’ troubles trigger a ‘death spiral’ for BTC price?
A July 9 post by @PricedinBTC on the "cost to mine Bitcoin" in the United States gathered the crypto community's attention, especially considering the recent headlines that BTC miners have made. The crypto bear market and growing energy costs...
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Bitcoin hodlers will ‘soon see why’ $21.6K BTC price pump is fake — trader
Bitcoin (BTC) spiked to one-week highs on July 17 amid warnings that traders should not trust current BTC price action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance inflows see multi-week highData from Cointelegraph Markets...
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What is Bitcoin whale watching and how to track Bitcoin whales?
Whales are held responsible for sudden price fluctuations in the crypto and traditional markets every so often. Given their capability to manipulate market prices, it becomes paramount for the general Bitcoin (BTC) investors to understand the...
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Bitcoin whales still ‘hibernating’ as BTC price nears $21K
Bitcoin (BTC) hit $21,000 for the first time in several days on July 15 as markets enjoyed what one trader called "summer relief."BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAltcoin rebound eyed as BTC price adds 11%Data from...
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Bitcoin ready to attack key trendline, says data as BTC price holds $20K
Bitcoin (BTC) consolidated higher on July 16 after the Wall Street trading week finished with modest gains for United States equities.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCan Bitcoin bulls reclaim the 200-week moving...
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Andorra green lights Bitcoin and Blockchain with Digital Assets Act
A small light of progress shines from Andorra, a tiny European country nestled between France and Spain. The country’s government, the General Council of Andorra, recently approved the Digital Assets Act, a regulatory framework for digital...
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BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
The recovery in the cryptocurrency markets is being led by Bitcoin (BTC), which has risen above the $21,000 level. However, BlockTrends analyst Caue Oliveira said that on-chain data shows a decline in “whale activity” since the month of May,...
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Bitcoin is now in its longest-ever ‘extreme fear’ period
Bitcoin (BTC) may have avoided fresh losses since falling to $17,600 last month, but the sentiment is on the floor.Now, one classic crypto market mood gauge is showing just how long and hard the average investor has suffered.70 days...