Browsing Category
Bitcoin
How to do mobile cryptocurrency mining?
Cryptocurrencies like Bitcoin (BTC) are created using a distributed computing process called mining. Miners (the network participants) undertake mining to verify…
Bitcoin will shoot over $100K in 2023 before ‘largest bear market’ — trader
Bitcoin (BTC) will top $100,000 next year but a record-breaking bear market will follow, a popular trader believes.In a Twitter discussion on Oct. 22, Credible…
Spain overtakes El Salvador to become third largest crypto ATM hub
The European country of Spain is officially home to the third-largest network of Bitcoin (BTC) and cryptocurrency ATMs after the United States and Canada. Spain…
Here’s how Bitcoin pro traders plan to profit from BTC’s eventual pop above $20K
Bitcoin (BTC) entered an ascending channel in mid-September and has continued to trade sideways activity near $19,500. Due to the bullish nature of the technical…
3 historically accurate Bitcoin on-chain metrics are flashing ‘bottom’
Bitcoin (BTC) and other riskier assets slipped on Oct. 21 as traders scrutinized macro indicators that suggest the Federal Reserve would continue to hike rates.…
Bitcoin price hits 1-week lows as Fed rate hike rumors unsettle market
Bitcoin (BTC) dipped further below $19,000 on Oct. 21 as rumors circulated over the United States Federal Reserve.BTC/USD 1-hour candle chart (Bitstamp). Source:…
Global recession may last until near 2024 Bitcoin halving — Elon Musk
Bitcoin (BTC) may spend the time until its next block subsidy halving battling recession, Elon Musk suggested.In a tweet on Oct. 21, the Tesla CEO revealed his…
Low hash price, soaring energy costs spell tough Q3 for Bitcoin miners
Energy problems in North America and Europe and prevailing market conditions have spelled another bleak quarter for Bitcoin (BTC) mining operators on both…
Bitcoin faces tough daily resistance as BTC price matches UK pound volatility
Bitcoin (BTC) showed no signs of a breakout on Oct. 20 as tantalizing sideways action dragged on.BTC/USD 1-hour candle chart (Bitstamp). Source:…
Russian users are welcomed by crypto exchanges in Kazakhstan, but there’s a catch
Some cryptocurrency exchanges continue onboarding Russian nationals despite the latest Western sanctions against Russia, but not without certain restrictions.In…
Kraken crypto exchange is next to close doors to Russian users
Kraken is the latest cryptocurrency exchange to restrict accounts of Russian users on its platform in compliance with sanctions from the European Union.On Oct.…
Capitulation or profit-taking? Bitcoin whale moves 32K BTC dormant since 2018
Bitcoin (BTC) worth over $600 million moved for the first time since the last bear market on Oct. 18, analysis has revealed.In a Twitter thread, monitoring…
HODL! Tesla hangs onto all its remaining $218M in Bitcoin in Q3
Electric vehicle manufacturer Tesla has made no further changes to its remaining stash of Bitcoin (BTC) in the third quarter of 2022, despite nearly a $1 billion…
Bitcoin’s discount to hash rate highest since early 2020 — Mike McGlone
Bloomberg Intelligence senior commodity strategist Mike McGlone says Bitcoin's (BTC's) relative discount to its high hash rate in October — the largest since the…
Most institutional investors hold or plan to buy cryptocurrencies: Survey
The latest survey carried out by Cointelegraph Research among 84 professional investors across the globe revealed that out of $316 billion in assets managed by…
Here’s what could spark a ‘huge BTC rally’ as Bitcoin clings to $19K
Bitcoin (BTC) sagged with United States equities at the Oct. 19 Wall Street open as markets awaited tech earnings.BTC/USD 1-hour candle chart (Bitstamp). Source:…