BTC miner CleanSpark on the hunt for further crypto miner fire sales
[ad_1] Bitcoin (BTC) mining firm CleanSpark is planning to continue its strategy of scooping up distressed mining company assets this year. The Bitcoin miner released its fiscal Q1 earnings presentation on Feb. 9, where the company said it remained optimistic about the coming year and continued growth. Chief Financial...
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Argo Blockchain Produces More BTC in January
[ad_1] Argo Blockchain (NASDAQ:ARBK), a publicly-listed crypto mining Crypto Mining Cryptocurrency mining is defined as the process through which the transactions of a digital currency are authenticated then published to blockchain. For every crypto transaction conducted, a crypto miner is in charge of authenticating the information which, if approved,...
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US Treasury lists BTC, ETH addresses tied to Russian sanctions evasion group
[ad_1] The Office of Foreign Assets Control of the United States Department of the Treasury has added two cryptocurrency wallets allegedly connected to a Russian sanctions evasion network as part of its list of Specially Designated Nationals. In a Feb. 1 announcement, OFAC said it had added one Bitcoin...
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Bitcoin eyes $25K as BTC price nears best weekly close in 5 months
[ad_1] Bitcoin (BTC) spiked into key liquidity for a third time on Jan. 29 as the weekly and monthly closes loomed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader on Bitcoin: $25,000 “in sight” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly hitting $24,498 on Bitstamp overnight. Although...
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Bitcoin derivatives data shows room for BTC price to move higher this week
[ad_1] This week Bitcoin (BTC) rallied to a 2023 high at $23,100 and the move followed a notable recovery in traditional markets, especially the tech-heavy Nasdaq Composite Index, which gained 2.9% on Jan. 20. Economic data continues to boost investors’ hope that the United States Federal Reserve will reduce...
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Price analysis 1/17: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
[ad_1] Bitcoin’s chart shows a tug-of-war between bulls and bears, and this is having a slight impact on the upward price action of most altcoins. [ad_2] Source link...
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Popular Crypto Analyst Goes Bullish On BTC And AVAX, Here’s What He Said
[ad_1] Due to the Bitcoin (BTC) and crypto market uncertainty, predicting the following trend pattern for crypto assets is usually difficult. However, analysts have always released predictions for most crypto assets. While some projections turned out to be accurate, some still failed to happen as predicted. One analyst became...
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Price analysis 1/13: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
[ad_1] Bitcoin and select altcoins have risen above stiff overhead resistance levels, signaling that the bottoming process may have begun. [ad_2] Source link...
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Altcoin Dominance Highest Since Jan 2021, Trouble For BTC?
[ad_1] On-chain data shows that altcoin volume dominance is now at the highest level since January 2021, while Bitcoin’s is at its lowest. Altcoin Dominance By Volume Recently Touched A High Of 64% As pointed out by an analyst in a CryptoQuant post, Bitcoin’s dominance is just at 16%...
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Bitcoin derivatives data suggests a BTC price pump above $18K won’t be easy
[ad_1] Traders might rejoice now that Bitcoin price ventured above $17,400, but 27 long days have passed since Bitcoin (BTC) last breached the $17,250 resistance. On December 13, after a two-week-long lateral movement, Bitcoin posted a 6.5% rally toward $18,000 and even though the current movement still lacks strength,...
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