Getty Images The epicenter of Bitcoin mining has called it quits. On Sept. 24, China’s… Source link

Technical analysis is a controversial topic, but higher lows are commonly interpreted as a sign of strength. Today, Ether (ETH) might be 30% below its May 12 high at $4,380, but the current $3,050 price is 78% higher than the 6-month low at $1,700. To understand whether this is a “glass half full” situation, one must analyze how retail and pro traders are positioned according to derivatives markets. Ether price at Coinbase in USD. Source: TradingView On Sept. 24, Chinese authorities announced… Source link

Cryptocurrency-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Bit Digital Inc (NASDAQ: BTBT), are trading lower amid a decrease in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Weakness in crypto stocks may also be in sympathy with overall markets amid a rise in bond yields, which has weighed on growth sectors such as technology. Marathon Digital is focused on mining digital assets. It owns crypto-currency mining… Source link

“[S]eparatism used to be a fitting response, e.g., in 2017, when actual bad actors tried to hurt the movement,” Wertheimer said. “[H]owever, 2021 is different, the new crowds aren’t trying to hurt anyone, and separatism doesn’t achieve the stated goal of ‘educating’ anyone.” (Wertheimer did not respond to a request for comment.) Source link

The ethereum network runs the ether cryptocurrency, the second-biggest after bitcoin. Dado Ruvic/Reuters Crypto exchange Bitfinex on Monday accidentally paid $24 million as a fee for a $100,000 ethereum transaction. Yet the miner who verified the transaction and received the fee has sent most of it back. Bitfinex’s mistake was an example of a “fat finger” trade and may be the biggest ethereum fee in history. See more stories on Insider’s business page. A crypto exchange… Source link

After a bearish day for Bitcoin and the majors on Tuesday, it’s been a broadly bullish Wednesday morning. At the time of writing, Bitcoin, BTC to USD, was down by 0.29% to $42,059.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $42,777.0 before hitting reverse. Falling well short of the first major resistance level at $43,646, Bitcoin slid to a late morning intraday low $41,548. While steering clear of the first major support level at $41,425, Bitcoin tested… Source link

Bitcoin (BTC) analysts are eyeing short-term volatility as whales begin unprecedented behavior. Fresh data shows that whales have not only been highly active on the market — they’ve been moving record amounts of BTC. Whale activity beats Bitcoin all-time highs Despite BTC price action staying in a narrow, uninspiring range of around $40,000, large-volume Bitcoin investors are anything but calm. In recent weeks, these whales have shifted more coins around the network than ever before —… Source link

Bitcoin (BTC) fell below $42,000 on Sept. 28 as the largest cryptocurrency worsened overnight losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC bulls run out of steam at $44,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching local lows of $41,670 on Bitstamp. The fall followed a $1,000 hourly loss late Monday, which firmly halted any bullish hopes from the weekend’s high of $44,400. The turnaround was broadly expected. As Cointelegraph Source link

Bitcoin price failed to clear USD 45,000 and started a fresh decline. Ethereum is back below USD 3,000, XRP could retest USD 0.88. OKB and HT rallied more than than 12%. Bitcoin price attempted to clear the USD 44,500 resistance, but failed. As a result, BTC started a fresh decline below the USD 43,500 support. It is currently (04:27 UTC) trading below USD 43,000 and there is a risk of more downsides. Similarly, most major altcoins… Source link

In just ten years, the flagship cryptocurrency Bitcoin has garnered a wide range of prominent and notorious monikers: Bitcoin is…the future of money, Internet drug money, the future of the financial industry, a speculative bubble, a global currency, a direct threat to the U.S. Dollar, a looming environmental disaster, to name a few.  An often completely unprecedented legal situation exists at almost every twist and turn in the cryptocurrency industry…. Source link