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Bitcoin News

Bitcoin (BTC) Miner’s Revenue See a 16% Jump From June

Bitcoin network’s mining hashrate has started to recover, seeing a continuous flow of over 110 THs over the past month. The network hashrate took a massive hit in May and June when the Chinese crypto crackdown was at its peak. However, now that miners from China have started to mine again outside the country, the

Bitcoin network’s mining hashrate has started to recover, seeing a continuous flow of over 110 THs over the past month. The network hashrate took a massive hit in May and June when the Chinese crypto crackdown was at its peak. However, now that miners from China have started to mine again outside the country, the

Bitcoin News
Bitcoin News

Bitcoin records largest single-day Exchange outflow in 1-year as BTC price breach $40K

Bitcoin price is currently hovering around the $40,000 mark after breaking out of the $35k resistance and forming good support at $38,800. The top cryptocurrency hit a monthly high of $40,816 earlier today before retracing under $40K again. The on-chain data suggest traders have turned bullish again as they expect BTC to solidify its position

Bitcoin price is currently hovering around the $40,000 mark after breaking out of the $35k resistance and forming good support at $38,800. The top cryptocurrency hit a monthly high of $40,816 earlier today before retracing under $40K again. The on-chain data suggest traders have turned bullish again as they expect BTC to solidify its position

cloud mining Shamining
Bitcoin News
cloud mining Shamining
Bitcoin News

Bitcoin (BTC) Price Falls 8% as Amazon Denies Bitcoin Payment Plans

Bitcoin price topped $40,000 to record a new monthly high of $40,499 earlier today before tumbling 8% to a daily low of $36,441. The top cryptocurrency is currently trading at $37,141. The price pump yesterday followed by an 8% decline is being attributed to Amazon’s Bitcoin payment news. Yesterday, a majority of media outlets reported

Bitcoin price topped $40,000 to record a new monthly high of $40,499 earlier today before tumbling 8% to a daily low of $36,441. The top cryptocurrency is currently trading at $37,141. The price pump yesterday followed by an 8% decline is being attributed to Amazon’s Bitcoin payment news. Yesterday, a majority of media outlets reported

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Bitcoin News
bitcoin
Bitcoin News

Bitcoin Money Transfer Startup Sees Massive Investor Demand Post El Salvador Push

Bitcoin money transfer startup Zap has become an investor favorite within a month after Salvador President Bukele introduced a national bitcoin wallet program. While it is not the official payment app in El Salvador, the main Bitcoin payment app of the company Strike is one of the most popular in Central America. The creators of

Bitcoin money transfer startup Zap has become an investor favorite within a month after Salvador President Bukele introduced a national bitcoin wallet program. While it is not the official payment app in El Salvador, the main Bitcoin payment app of the company Strike is one of the most popular in Central America. The creators of

Bitcoin News
Bitcoin News

Bitcoin Price Breaks 7-month long RSI channel, Will BTC Move Past $35K?

Bitcoin (BTC) price gained another 5% over the past 24-hours to rise to a new daily high of $33,943. The top cryptocurrency has been consolidating under $40K for more than two months now, failing to solidify its position above $35K despite a couple of breakouts. BTC might be looking for a strong trend reversal as

Bitcoin (BTC) price gained another 5% over the past 24-hours to rise to a new daily high of $33,943. The top cryptocurrency has been consolidating under $40K for more than two months now, failing to solidify its position above $35K despite a couple of breakouts. BTC might be looking for a strong trend reversal as

Bitcoin News
Bitcoin News

Did El Salvador Just Represent Bitcoin (BTC) at Tokyo Olympics?

Tokyo Olympics 2020 officially started on 23rd July amid Covid restrictions and after year-long delays. The key event began with a dazzling opening ceremony with 206 participating nations joining the celebrations with a parade of athletes. A South Korean broadcaster used an image to represent each country and for El Salvador, they used Bitcoin’s image.

Tokyo Olympics 2020 officially started on 23rd July amid Covid restrictions and after year-long delays. The key event began with a dazzling opening ceremony with 206 participating nations joining the celebrations with a parade of athletes. A South Korean broadcaster used an image to represent each country and for El Salvador, they used Bitcoin’s image.

Bitcoin News
Bitcoin News

Breaking: $30 Billion ETF Firm Global X Files for Bitcoin ETF

Global X, a New York-based global provider of exchange-traded funds with $30 billion in AUM has filed for a Bitcoin ETF with the US SEC. The filing dated 21st July revealed that the name of the ETF would be Global X Bitcoin Trust and it would trade on Cboe BZX Exchange, Inc on approval. The

Global X, a New York-based global provider of exchange-traded funds with $30 billion in AUM has filed for a Bitcoin ETF with the US SEC. The filing dated 21st July revealed that the name of the ETF would be Global X Bitcoin Trust and it would trade on Cboe BZX Exchange, Inc on approval. The

Bitcoin News
Bitcoin News

Clients Want to “Invest in Bitcoin (BTC)” Reveals JP Morgan Wealth Management CEO

JP Morgan Wealth Management CEO Mary Callahan Erdoes in a recent interview with Bloomberg revealed their clients are quite bullish on Bitcoin and they see it as an asset class. Erdoes said several of their clients want to “invest in Bitcoin (BTC)” and they are ready to help them invest their money wherever they like.

JP Morgan Wealth Management CEO Mary Callahan Erdoes in a recent interview with Bloomberg revealed their clients are quite bullish on Bitcoin and they see it as an asset class. Erdoes said several of their clients want to “invest in Bitcoin (BTC)” and they are ready to help them invest their money wherever they like.

Bitcoin News
Bitcoin News

The B Word Conference Starts in Few Hours, Here’s What to Expect

The highly anticipated B-Word Conference is all set to start later today at 9 am PDT. The B word conference is Bitcoin centered where some of the most notable names in the crypto field would discuss possible ways in which institutions can incorporate Bitcoin in their system. The conference would offer a live experience and

The highly anticipated B-Word Conference is all set to start later today at 9 am PDT. The B word conference is Bitcoin centered where some of the most notable names in the crypto field would discuss possible ways in which institutions can incorporate Bitcoin in their system. The conference would offer a live experience and

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Bitcoin News
bitcoin
Bitcoin News

Is Bitcoin (BTC) Stock to Flow (S2F) Model heading for a failure?

Bitcoin price has slumped to a new monthly low under $30k earlier today and currently struggling to get past the $30K price. At a time when most of the market metrics indicate dominant bearish sentiment, a very popular Bitcoin price model is looking to deviate from its predicted BTC price. The Stock-to-flow model that traces

Bitcoin price has slumped to a new monthly low under $30k earlier today and currently struggling to get past the $30K price. At a time when most of the market metrics indicate dominant bearish sentiment, a very popular Bitcoin price model is looking to deviate from its predicted BTC price. The Stock-to-flow model that traces

BTC-USDT-Issuance
Bitcoin News
BTC-USDT-Issuance
Bitcoin News

Why Tether (USDT) hasn’t issued any USDT in 7 weeks?

Tether issued USDT is the biggest stablecoin player in the market with $61.9 billion in market cap. The top stablecoin has been often associated with Bitcoin (BTC) price boost FUDs in the past. The ongoing bearish market sentiments that have continued since May market mayhem also coincides with USDT’s non-issuance. The last market issuance of

Tether issued USDT is the biggest stablecoin player in the market with $61.9 billion in market cap. The top stablecoin has been often associated with Bitcoin (BTC) price boost FUDs in the past. The ongoing bearish market sentiments that have continued since May market mayhem also coincides with USDT’s non-issuance. The last market issuance of

Bitcoin News
Bitcoin News

Why You Should Read This Before “Buying This Bitcoin (BTC) Dip”?

Bitcoin’s (BTC) price fell below the critical support level of $30K for the first time in one month and only the second time this year. The top cryptocurrency is currently trading at $29,770 with a 6% price decline over the past 24-hours. The next support zone for BTC lies in the $24K-$27K price zone The

Bitcoin’s (BTC) price fell below the critical support level of $30K for the first time in one month and only the second time this year. The top cryptocurrency is currently trading at $29,770 with a 6% price decline over the past 24-hours. The next support zone for BTC lies in the $24K-$27K price zone The

Bitcoin News
Bitcoin News

Black Rock Petroleum Company Set to Operate 1 Million Chinese Bitcoin Miners

Black Rock Petroleum company is all set to host and operate 1 million Bitcoin mining machines across its gas reserves under its new agreement. The petroleum company has signed a binding agreement with Optimum Mining Host Limited Liability Co to host and operate millions of Bit Miners being relocated from China. It will deploy all

Black Rock Petroleum company is all set to host and operate 1 million Bitcoin mining machines across its gas reserves under its new agreement. The petroleum company has signed a binding agreement with Optimum Mining Host Limited Liability Co to host and operate millions of Bit Miners being relocated from China. It will deploy all

Bitcoin News
Bitcoin News

Short on Bitcoin (BTC)? Glassnode Data Shows Retail Investors Haven’t Given up Buying BTC

Bitcoin’s (BTC) price continues to trade under $32K as bearish sentiments dominated the crypto market. The top cryptocurrency’s failure to move out of the $30K-$40K price zone and fear of losing the key $30K support for over two months has put many traders in doubt whether we are already in a bear cycle. However, analyst

Bitcoin’s (BTC) price continues to trade under $32K as bearish sentiments dominated the crypto market. The top cryptocurrency’s failure to move out of the $30K-$40K price zone and fear of losing the key $30K support for over two months has put many traders in doubt whether we are already in a bear cycle. However, analyst

Bitcoin-BTC-miners
Bitcoin News
Bitcoin-BTC-miners
Bitcoin News

Binance Registers Massive 14,550.78 Bitcoin Inflow, Will BTC Price Dip Below $30k?

Bitcoin’s (BTC) price continues to trade under $32K as we approach another weekend. The top cryptocurrency lost another key support of $32.4K yesterday and currently trying to hold onto the final support zone of $31K-$31.5K before crashing below $30K. BTC is trading at $31,338 with a 3.5% decline over the past 24-hours. Amid growing selling

Bitcoin’s (BTC) price continues to trade under $32K as we approach another weekend. The top cryptocurrency lost another key support of $32.4K yesterday and currently trying to hold onto the final support zone of $31K-$31.5K before crashing below $30K. BTC is trading at $31,338 with a 3.5% decline over the past 24-hours. Amid growing selling

Bitcoin News
Bitcoin News

Square Announces New ‘Defi’ Ecosystem on top of Bitcoin

Jack Dorsey, the Twitter CEO and founder of Square Inc today announced the launch of TBD, a new open-source development program on top of the Bitcoin blockchain. The new venture by Square would be focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized

Jack Dorsey, the Twitter CEO and founder of Square Inc today announced the launch of TBD, a new open-source development program on top of the Bitcoin blockchain. The new venture by Square would be focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized

Coinbase
Bitcoin News
Coinbase
Bitcoin News

Why Lower Bitcoin Price Is Good For Coinbase ($COIN)?

According to a Goldman Sachs analyst, profits for Coinbase will remain intact irrespective of a decline in BTC price. The prediction from the analyst came just a day before the finalization of Coinbase’s second quarterly report. Goldman Sachs has reinstated their “buy” ratings for Coinbase, pointing out that regardless of an upcoming change in Bitcoin

According to a Goldman Sachs analyst, profits for Coinbase will remain intact irrespective of a decline in BTC price. The prediction from the analyst came just a day before the finalization of Coinbase’s second quarterly report. Goldman Sachs has reinstated their “buy” ratings for Coinbase, pointing out that regardless of an upcoming change in Bitcoin

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Bitcoin News
bitcoin
Bitcoin News

If Bitcoin (BTC) Loses This Critical Support Zone, A Bloodbath is on the Cards

Bitcoin’s (BTC) price today lost another key support of $32.4k, falling from its daily high of $33,159 to a daily low of $31.556. The top cryptocurrency had built strong on-chain support of $33K last week, but couldn’t hold onto it amid low liquidity in the market. BTC has consolidated under $35K for the majority of

Bitcoin’s (BTC) price today lost another key support of $32.4k, falling from its daily high of $33,159 to a daily low of $31.556. The top cryptocurrency had built strong on-chain support of $33K last week, but couldn’t hold onto it amid low liquidity in the market. BTC has consolidated under $35K for the majority of

Bitcoin News
Bitcoin News

Will Bitcoin (BTC) Price See Another May Like Crash as $GBTC Share Unlock Begins

Bitcoin (BTC) price slumped below $32,000 to register a new two-week low. The price volatility is believed to be influenced by the recent unlock of Grayscale’s Bitcoin Trust ($GBTC) shares starting today. The share unlock would continue until 29th July with the biggest unlock to take place on 18th July. The unlocking of these shares

Bitcoin (BTC) price slumped below $32,000 to register a new two-week low. The price volatility is believed to be influenced by the recent unlock of Grayscale’s Bitcoin Trust ($GBTC) shares starting today. The share unlock would continue until 29th July with the biggest unlock to take place on 18th July. The unlocking of these shares