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Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Gains Following US Inflation Report
15.2.2023
Bitcoin traded above $22,000 on Feb. 15, as markets continue to react to the latest U.S. inflation report. The consumer price index rose 0.5% in January, following a gain of 0.1% the month prior. Overall, the annual rate of inflation came in at 6.4%, which, although lower than December’s...
Robert Kiyosaki Predicts Bitcoin Hitting $500K by 2025 and Gold Soaring to $5K
15.2.2023
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of bitcoin will hit $500,000 by 2025. During the same time period, he expects the price of gold to reach $5,000 and silver to hit $500. Kiyosaki also warned that a “giant crash”...
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $22,000 Ahead of US Inflation Report
14.2.2023
Bitcoin rebounded in Tuesday’s session, as markets prepared for this afternoon’s U.S. inflation report. It is expected that the annual rate of inflation in the United States dropped to 6.2% in January, down 0.3% from the month prior. Ethereum also rallied, climbing back above $1,500....
Litecoin Price Prediction as $600 Million Trading Volume Comes In – Can LTC Reach $1,000 in 2023?
14.2.2023
The litecoin price has gained by 1.4% in the past 24 hours, climbing to $91.34 as the cryptocurrency market continues to weather the effects of the SEC taking enforcement action against Paxos and its BUSD stablecoin. Its current price marks a 5% loss in a week, although the coin remains up by 4%...
At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region
14.2.2023
Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” miners, or people minting coins in their homes. In over half of these cases, courts have ordered the defendants to compensate the operators of the distribution networks. Hundreds of Crypto...
Iris Energy to nearly triple hashrate with estimated 44,000 new BTC miners
14.2.2023
With the tough conditions that faced Bitcoin miners last year, Iris’ co-founder said the purchase was a “significant milestone” for the company
Microsoft Reportedly Shutting Down Industrial Metaverse Focused Group
13.2.2023
Software giant Microsoft is shutting down one of its most significant groups dedicated to the development and promotion of the industrial metaverse. According to reports, the company terminated its whole Industrial Metaverse Core group, which was composed of 100 employees, as part of...
India’s Central Bank Reveals 50,000 Users and 5,000 Merchants Now Using Digital Rupee
12.2.2023
India’s central bank, the Reserve Bank of India (RBI), has revealed that 50,000 users and 5,000 merchants are now using its central bank digital currency (CBDC). Digital rupee transactions are currently processed by eight banks, with five more banks set to join the pilot soon, said RBI Deputy...
Ordinal Inscriptions Take the NFT World by Storm: Over 50,000 Added to the Bitcoin Blockchain in 2023
11.2.2023
As of Friday, Feb. 10, 2023, the Bitcoin blockchain had seen the addition of more than 50,000 Ordinal inscriptions as the trend has continued to increase daily. People are inscribing text, images, videos, audio, and software applications onto the blockchain, with some inscriptions fetching high...
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500 Level to Start the Weekend
11.2.2023
Ethereum neared a breakout below $1,500 to start the weekend, pushing prices closer to a one-month low. Overall sentiment remained mostly bearish, with the global cryptocurrency market cap trading 0.96% lower, as of writing. Bitcoin also edged lower, with prices remaining below $22,000. Bitcoin...
Ground Handling Firm to Use a Blockchain Document Solution at 28 Saudi Airports
11.2.2023
The Kingdom of Saudi Arabia-based airport ground handling services firm, Saudi Ground Services, has said it plans to implement a blockchain-based document solution that allows it “to issue over 10,000 digital documents annually including licenses.” According to the firm’s Ayman...
Bitcoin Price Prediction as BTC Loses the $22,000 Level – Where is the Next Support?
10.2.2023
The price of Bitcoin has been volatile over the last couple of weeks. After breaking through $23,000, the cryptocurrency has lost significant value and is currently trading at around $21,800.
The price may fluctuate somewhat over time and it's wise to have some Bitcoin left in your portfolio...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Sell-off Worsens
10.2.2023
Bitcoin moved below $22,000 on Friday’s session, as sentiment in cryptocurrency markets remained bearish. Volatility in markets has risen in recent days, following comments from U.S. Fed Chair Jerome Powell, who hinted at ongoing rate hikes. Ethereum also dropped, falling under $1,600....
Ethereum Price Prediction as $10 Billion Trading Volume Comes In – Can $ETH Reach $2,000 Soon?
10.2.2023
The ethereum price has dropped to $1,552 today, representing a 5% fall in the past 24 hours and a 6% loss in a week. The decline comes amid a marketwide selloff, caused by Kraken paying a $30 million settlement to the SEC and agreeing to end all staking services for US-based clients....
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Bitcoin Price Prediction as BTC Falls Below $22,000 – Time to Buy the Dip?
10.2.2023
Bitcoin has been on a steady decline for a while now. It was trading near $23,000 early today and has been on a steady decline ever since. It was trading at $21,800 during the US session. Despite this, now is not the time to panic and sell your crypto holdings. ...
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Major Crypto ATM Operator Coin Cloud Files for Bankruptcy
9.2.2023
One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy in the U.S. The company’s largest creditor is Genesis Global Trading, whose parent company also recently filed for bankruptcy in the U.S. Coin Cloud Files...
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $23,000 as Market Volatility Heightens
9.2.2023
Bitcoin dropped to a two-week low on Feb. 9, with prices falling below the $23,000 mark after a brief rally on Wednesday. Cryptocurrencies moved lower across the board, as uncertainty surrounding the state of the global economy impacted investor confidence. Ethereum also slipped, following a move...
Litecoin Price Prediction as LTC Spikes Above $100 – Can LTC Reach $1,000 This Year?
9.2.2023
The litecoin price has dropped by 5% in the past 24 hours, falling to $96.29 after it rose above $100 yesterday. This current level means that it has gained by 7% in a fortnight and by 17.5% in the last 30 days, pushed up by the Litecoin Foundation's announcement that its Mastercard-powered...
5,000 Merchants in India Now Accept Payments in Digital Rupee: Deputy Governor
9.2.2023
5,000 merchants and 50,000 users are now participating in India’s CBDC pilot project, the RBI’s deputy governor has said, noting that the central bank intends to proceed with the project slowly to avoid unwanted fallouts.
Rabi Sankar, Deputy Governor at Reserve Bank of India (RBI), announced...
Bitcoin Price Prediction as BTC Forms New Support at $23,000 – Here's Where BTC is Headed Next
9.2.2023
Bitcoin has been making headlines in recent months due to its rapidly increasing price and newfound mainstream popularity. As of writing this, BTC has formed a new support level at $23,000, leading many to speculate on where it will head next.
In this article, we will deep dive into the current...