Tag: Bitcoin

[ad_1] As the current bear market in crypto continues to deepen, Bitcoin has fallen by 78%, and Ethereum by 82%. Yet elsewhere in the crypto market, many altcoins are down by as much as 96% or more.  In a recent video, Elliott Wave International Currency & Crypto Analyst Jason...

[ad_1] One of the original core developers behind Bitcoin (BTC), Luke Dashjr, claims to have lost “basically” all his BTC as a result of a hack that occurred just before the new year.  In a Jan. 1 post on Twitter, the developer said the alleged hackers had somehow gained...

[ad_1] Bitcoin investor sentiment has reached a standstill amid struggling prices in the market. While the digital asset continues to hold the $16,000 level, investors have backed off from the market, ensuring no significant movements either up or down, and as a result, investor sentiment hasn’t moved. Bitcoin Investors...

[ad_1] December will likely be remembered by Bitcoin’s (BTC) fake breakout above $18,000, but apart from that brief overshoot, its trajectory was entirely bearish. In fact, the downward trend that currently offers an $18,850 resistance could bring the BTC price below $16,000 by mid-January. Bitcoin/USD price index, 12-hour. Source:...

[ad_1] Bitcoin price is attempting an upside break above $17,000. BTC could start a steady recovery if it clears the $17,000 and $17,200 resistance levels. Bitcoin is attempting an upside break above the $17,000 and $17,200 levels. The price is trading above $16,800 and the 100 hourly simple moving...

[ad_1] After weeks of consolidation, Bitcoin – the largest cryptocurrency by market capitalization – and the broader cryptocurrency market have witnessed a short-term bounce in response to Consumer Price Index data that exceeded expectations. The Labor Department of the United States reported that CPI climbed barely 0.1% between October and November. Last...

[ad_1] On-chain data shows the Bitcoin binary CDD has been going down recently, a sign that selling pressure may be getting exhausted in the market. Bitcoin 21-Day MA Binary CDD Has Been Observing Downtrend Recently As pointed out by an analyst in a CryptoQuant post, there was some heavy...

[ad_1] Bitcoin is still stuck in a tight range as market sentiment declines from optimistic to bearish and market participants brace for a possible impact. The cryptocurrency was thriving on the possibility of a positive change in the macroeconomic landscape. Did bulls rush into a trap? As of this...

[ad_1] After the recent speech by US Federal Reserve chairman Jerome Powell, there was a price firework on the stock market, from which Bitcoin also benefited. As a result, the BTC price has climbed to over $17,000. At press time, Bitcoin was trading at $16,982. However, the joy could...

[ad_1] Many crypto investors are still skeptical about the profitability of Bitcoin mining. This is not surprising considering the growing rate of energy prices in recent times. Moreover, the Bitcoin miners’ revenue has been on a downtrend since November 2020. Current Bitcoin Miners’ Revenue Meanwhile, BTC miners are experiencing...