Bitcoin (BTC) has been experiencing a more than 40% decrease in its price from $69,044 on Nov 10. 2021, which was its all-time high. The miner’s difficulty of obtaining Bitcoin from the network has not been affected by the volatile price of BTC. In the last two months for the second time, the BTC difficulty reached…
It was on February 7, 2022, when Bitcoin (BTC) observed a rise in its price. It was on this particular day that the price of Bitcoin managed to grow over the 42,659 per BTC. As of now, the $42,659 figure is the 50-day simple moving average for Bitcoin. Just as Bitcoin’s price managed to cross…
Lord Fusitu’a of Tonga is anticipating Bitcoin’s adoption in the country in the month of November 2022 under a ‘legal tender’ like that of El Salvador. At the beginning of 2022, El Salvadoran President Nayib Bukele had remarked that Bitcoin will be receiving ‘legal tenders’ from two more states. It seems that his remark was…
Seba Bank, which is a widely popular Swiss financial institution, has predicted that because of the institutional investors, Bitcoin’s value is going to be US$ 75,000 in the near future. It is not difficult for Bitcoin to be traded at a price of US$ 60K or 100K. All it needs is a major push supported…
If investors are free to buy Bitcoins during the dip then why miners shouldn’t do the same. This is exactly what has happened recently when one of the leading Bitcoin miners namely “Bitfarms” has opted for a shortcut in an attempt of increasing its Bitcoin holding. At least a thousand BTCs were purchased by Bitfarms…
Amid Bitcoin mining shut down in China, Kazakhstan became the ‘new China’ for Bitcoin mining. The biggest miners of the world also diverted their attention towards this landlocked country for installing their Bitcoin mining farms there. Resultantly, in a very short time, Kazakhstan became the second biggest country hosting the biggest Bitcoin mining farms in…
Bitcoin Bonds will soon be introduced in El Salvador but before their launch, the Government is going through massive law reforms for the purpose and has proposed that at least 20 bills to the effect will be prepared. The revenue collected from the Bitcoin Bonds will be utilized towards developing ‘Bitcoin City’. El Salvadoran Parliament…
Overall the crypto market along with its economy remained bullish for the entire 12 months of 2021. While there were phenomenal value gains for each and every single cryptocurrency and stablecoin, yet there were subsequent changes in rankings that came after the increase and decrease of the market capitalization of the top ten cryptocurrencies. At…
Authorities end up on the final day ever, and there is always a lot to rejoice in up as it were Btc previous small time intervals. Bitcoins have increased by 60percentage year through date. Bitcoins were tracked by Cryptocurrency Bazaars Ace and TradingView as it hovered it around $48,000 level, having hit cross-peaks of $48,560…
Dogecoin saw its price bouncing off a technical area. The bounce had bulls erasing yesterday’s DOGE losses. Another bullish move will see DOGE gaining 20% Dogecoin (DOGE) encountered an expected wave yesterday and lost 10%, testing the descending trend-line from 16 August. The level test attracted bulls into the market, using the dip as an…
The price analysis for Bitcoin (BTC) shows that it is currently hovering at $47,682.93 per BTC. The data from CoinMarketCap for Bitcoin shows its price has plunged 16.50% in the past 30-days. In the past 7-days, the price for BTC has plunged further down to 2.42%, and another plunge worth 2.63% in the past 24-hours….
The price analysis for Bitcoin (BTC) shows that in the past 24-hours, its price has plummeted by 1.15%. However, in the past 7-days, Bitcoin has grown by 6.83%, bringing its current price to $50,347.35. As the week has come to an end with positive gains, the overall situation of Bitcoin is currently hovering in the…
On Wednesday, the stock market of New York launched the first trade traded instrument (Equity fund) backed by currency (Bitcoins) futures trading. Reviewers consider the shipment a success, with high trading volumes indicating high dealer desire and Bitcoins mobilizing above Dollars 1 million on Wed The Etfs with the symbol bito was launched by Etfs…
Bitcoin’s price has risen beyond U.s. dollars 48,000. Eth is hovering beyond $4,000 at the moment and XRP is reaching $0.90 now. YFI has gained 13% & exceeded the $36,500 threshold. The bitcoin’s price kept on decreasing and now trading under $46,500. Meanwhile, BTC bulls remained active on a $45,500 support. At the moment, 3.5…
Briefly – BTC price drags lower, suggesting a retest of 50 weekly Simple Moving Average at $44,778. Ether price seems ready for a 16% breakout. Most assets mimic Bitcoin’s price action. Bitcoin (BTC) presents sideways movements, trapped between weekly MAs. The consolidation affected Ether’s price as the leading altcoin sets a bullish formation, preparing a…
The global crypto economy continues to fail largely in making up the reduction in value which it had lost in the past 15 days. However, a comment has been made by the boss of “Multicoin Capital” namely Kyle Samani concerning Bitcoin and its economy in which Samani suggests that the future of Bitcoin bears would…
Briefly – XRP price slithers close to overpowering the falling trend-line before triggering a massive upswing. A significant-close beyond this obstacle will allow XRP to revisit levels at $0.956, then $1.030. If the cross-border transactions coin formed a lower low under $0.688, it would withdraw the bullish narrative. Ripple’s (XRP) price has traded within downtrends…
There have been various diverse security enhancements throughout the long term, and more are in transit in 2021. There are new developments and an assortment of layer-two conventions that could offer enhancements over the well-known CoinJoin model. Security is somewhat of a convoluted point in Bitcoin (BTC). While the established press has frequently alluded to…
The central bank of Russia will ensure that the digital ruble they are developing will be available for use by non-residents and would also be convertible into digital currencies. The regulator has reiterated its concerns about the risks pertaining to currencies in a document that’s aimed at digitalizing the Russian financial sector and said that…
Microstrategy proves itself to be the firm believer in Bitcoin as it has been buying more and more Bitcoins and, in recent times, has bought 1,434 BTCs making its Bitcoin holding grow into 122,487 in total. The total worth of Microstrategy’s Bitcoin holding is now exceeding US$ 6 Billion literally. With every dip, there comes…
