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Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Weekend
30.7.2022
Following strong gains on Friday, bitcoin was consolidating under a key resistance level to start the weekend. Bulls opted to secure gains as price uncertainty heightened in crypto markets, which as of writing are down 1% on the day. Ethereum was also marginally lower in the session. Bitcoin After...
Bitcoin price eyes $24K July close as sentiment exits 'fear' zone
30.7.2022
The relatively good times could continue next month, one prediction says after July manages to reverse the worst of the 2022 crypto downturn
Central African Republic Token Sale off to Slow Start — $1.26 Million Raised in Under 5 Days
30.7.2022
The Central African Republic’s token sale appeared to have gotten to a slow start after less than 13 million out of the 210 million Sango coins were sold since the commencement of the sale on July 25. The country has claimed its decision to adopt bitcoin has won praise from “other...
Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity
29.7.2022
Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay
Price analysis 7/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
29.7.2022
Bitcoin price has hit resistance at the $24,000 level, resulting in a slight pullback in select altcoins. Is the rally over?
Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day
29.7.2022
On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation. The mining facility dubbed “The Bunker,” now has approximately 3.8 exahash per second (EH/s), after...
Bitcoin price rejects at $24K as 'classic short setup' spoils bulls' fun
29.7.2022
$24,000 BTC price refuses to flip to support while the weekly close remains shrouded in uncertainty
Bitcoin bear market over, metric hints as BTC exchange balances hit 4-year low
29.7.2022
Coins stationary for at least a year are suggesting that accumulation is done — something which traditionally accompanies the end of bear markets
Bitcoin Faces Resistance From 100 DMA; All Investors’ Eyes Are on BTC!
29.7.2022
The changing economic conditions and control over the traditional currency system create the perfect growth sentiment for BTC’s acceptance. Bitcoin is the crypto king without a conflict; this statement explains the drive towards BTC as it hits new dips during a bear market. Enthusiasts expect...
What happens when 21 million Bitcoin are fully mined? Expert answers
29.7.2022
Mining expert Mohamed El Masri predicts that Bitcoin will be worth around $430,500 when the last coin is minted
Bitcoin, Ethereum Technical Analysis: BTC Climbs Above $24,000, While ETH Nears $1,800
29.7.2022
Bitcoin rose for a third consecutive session on Friday, as prices rose above $24,000 to end the work week. Today’s rise comes as sentiment in crypto remains bullish, following Wednesday’s interest rate hike by the Fed. Ethereum was also higher, as prices approached $1,800. Bitcoin...
Bitcoin and Ethereum Trim Gains, Altcoins Correct Lower Too
29.7.2022
Bitcoin price spiked towards USD 24,500 before it faced sellers. BTC is currently (11:49 UTC) trading near USD 23,800 and is still up 2% in a day and almost 3% in a week.
Similarly, all major altcoins are correcting their gains. ETH is trading below USD 1,700 again, while XRP failed near the...
Bitcoin holds $24K as US dollar taps 3-week lows on Eurozone inflation report
29.7.2022
Estimates for July inflation across the euro area make for grim reading at 8.9%, with the U.S. dollar rebounding
Bitcoin bull run 'getting interesting' as BTC price hits 6-week high
29.7.2022
Bitcoin price performance is taking in increasingly higher resistance levels as July gains could top 20%
Bitcoin Tests USD 24K, Ethereum Above USD 1.7K, ETC Keeps Pumping
29.7.2022
Bitcoin price remained strong above the USD 22,500 level and started another increase, surpassing the USD 23,500 resistance. It even spiked above USD 24,000 and is currently (03:54 UTC) trading near USD 23,900. BTC is up over 3% in a day and a week.
Similarly, most major altcoins are also showing...
3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’
28.7.2022
BTC price surged above a key resistance cluster, but its market structure and technical analysis suggest the move is just another trap
Democratic senators chide Fidelity Investments for BTC-exposed retirement funds
28.7.2022
Crypto critic Elizabeth Warren and two colleagues write to the Fidelity CEO again to express their displeasure with crypto-exposed 401(k) offerings
Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry
28.7.2022
On Thursday, Foundry Digital LLC, the mining company and subsidiary of Digital Currency Group (DCG), announced the launch of Foundry Logistics in order to advance standards in the cryptocurrency mining industry. The newly launched arm of the company plans to “bridge the gap between hardware...
Bitcoin price battles $23K as data says US in 'technical recession'
28.7.2022
The United States GDP readout for Q2 meets the definition of a recession, despite comments from both the Fed and lawmakers
Bitcoin, Ethereum Technical Analysis: BTC Surges by $2,000, Climbing Above $23,000 as Fed Hikes Bank Rate
28.7.2022
Crypto prices surged in today’s session, as markets continued to react to the Federal Reserve’s latest interest rate hike. The Fed opted to raise rates by 75 basis points (bps) for a second consecutive meeting. Bitcoin briefly rose above the $23K mark earlier in the day, with ethereum...