Tag: Bitcoin

[ad_1] The Bitcoin all exchanges whale ratio has soared, which might be an indicator that a crash could be coming soon, based on past patterns. The All Exchanges Whale Ratio Soars As pointed out by a CryptoQuant post, the Bitcoin All Exchanges Whale Ratio had a sharp spike on...

[ad_1] Bitcoin’s total estimated annual electricity consumption has plummeted nearly 60%, falling from the all-time peak above 143 terawatt-hours (TWh) in May to as low as 62 TWh in early July, according to data from Cambridge Bitcoin Electricity Consumption Index (CBECI). This is the lowest energy consumption rate recorded...

[ad_1] The Wyckoff Accumulation technical chart pattern has become the latest trending topic when anticipating where the price of Bitcoin (BTC) may go next. Some analysts have said that BTC’s recent dip below $29,000 signaled the “Spring” phase, which will soon be followed by a climb higher.  BTC/USDT price...

[ad_1] At times, Bitcoin looks as though it may be moving towards recapturing the $40K support line. But then, only a few hours later, Bitcoin seems to take a turn in the opposite direction. Still, the price of BTC seems to have developed some fairly resilient support around the...

[ad_1] Aswath Damodaran, professor of finance at New York University’s Stern School of Business, has reiterated his criticism of Bitcoin (BTC). Appearing on episode 10 of the Moneycontrol Masterclass program, the NYU professor doubled down on his longstanding repudiation of Bitcoin as currency. According to Damodaran, Bitcoin’s limited use...

[ad_1] Sino Global Capital has been posting reports on Bitcoin, China, and the changes that are taking place within the Asian Giant. Today, most of the BTC miners in the Chinese province of Sichuan will turn off their machines. This has created another variable in the already uncertain crypto...

[ad_1] The price of Bitcoin has climbed back above $40K for the first time in roughly three weeks. The passage over $40K may not have been exactly unexpected. However, after questions arose about whether or not the price of BTC would need to fall below $30K before a meaningful...

[ad_1] Jeremy Rubin, a Bitcoin Core contributor and founder of Judica, a Bitcoin R&D Lab, joins Unchained from the Miami Bitcoin Conference (2021) to discuss all things Taproot. Show highlights: a general update on the Miami Bitcoin Conference  what Taproot will do for the Bitcoin network how Taproot will...