In this article, we discuss the 11 best Bitcoin stocks to buy now. If you want to skip our detailed analysis of the crypto industry and outlook for future growth, go directly to 5 best Bitcoin stocks to buy now. In November 2021 Bitcoin’s value reached an all-time high, $68,990 before closing at $64,995. However, due to rising inflation and pressure from macroeconomic forces, Bitcoin fell to $46,164 in mid of December 2021. Between January and May 2022, the digital currency continued to… Source link

Ahmad Abu Daher repairing mining equipment in the basement of a home in Zaarouriyeh. Ahmad Abu Daher It takes a lot to keep a grassroots cryptocurrency mining business up and running in Lebanon. Ahmad Abu Daher says he and his team of more than 40 Lebanese and Syrian employees are working around the clock to man thousands of machines across the country. “We can’t sleep. We can’t have any break,” the 22-year-old Abu Daher told CNBC at 2:36 A.M. Lebanon time. “All of my team are still awake. They… Source link

United States law enforcement officials announced on Monday that the U.S. Department of Justice (DOJ) seized “approximately 50,676.17” bitcoin from a Silk Road thief. The latest seizure adds to the cache of bitcoins the U.S. government holds today as three forfeitures during the last two years have led to a stash of around 214,682 bitcoin worth $4.22 billion using today’s bitcoin exchange rates. After 3 Major Forfeitures, U.S. Law Enforcement Officials Hold More Than 1% of… Source link

News Home Tuesday, November 08, 2022 11:32 AM | InvestorsObserver Analysts InvestorsObserver gives Litecoin a strong long-term technical score of 69 from its… Source link

Regarding what could be next for Sam Bankman-Fried and his team, the firm would “shift focus to the US market, where they have been spending disproportionate time in the last few months,” Bernstein analyst Gautam Chhugani said in a note to clients. “However, they lose the cash machine of the FTX international exchange, which was enabling investments in the US entity,” Chhugani wrote, adding that a regulatory presence would also lessen. Source link

Since their emergence, cryptocurrencies have played a significant role in the global financial system. This has resulted in the creation of many different coins, all of which are in a competitive position to provide unparalleled services to their respective user bases. Ethereum (ETH), Litecoin (LTC), and Big Eyes Coin (BIG) are just a few of the cutting-edge platforms that have emerged to help provide greater functionality to the cryptocurrency market. This… Source link

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On the day of the U.S. midterms and two days ahead of the latest CPI report, Bitcoin and Ethereum have been rattled.  Bitcoin’s (BTC) bullish momentum has faded, with the leading cryptocurrency hitting a new weekly low of $19,563.35, according to data from Coingecko. After staging a modest recovery, Bitcoin now changes hands at around $19,730, down 4.8% over the past 24 hours, suggests data from CoinGecko. The bearish price action accompanied Bitcoin’s daily trading volume rising 48.54% to… Source link

Cryptocurrencies come and go, but the ones that stay relevant with time often have utility behind them. This is why today we will look at some fantastic crypto projects such as Monero (XMR) & Chiliz (CHZ) and find out how they compete in the industry. You will also learn quite a few things about Big Eyes Coin (BIG), enabling you to figure out why everyone is talking about this meme currency right now. So, without much hassle, let’s review… Source link

The crypto market has been hit hard by the unexpected crypto crash that occurred on the 8th of November, 2022. The crash happened after news of the third largest cryptocurrency exchange declared bankruptcy. Many people had assets stored on FTX, so they attempted to withdraw their assets at a large scale. Unfortunately, this was halted, and it is now believed FTX owes creditors up to $3.1 billion. As all significant events affect crypto, this one did too. The mass hysteria caused people to… Source link