Cryptocurrencies continued to consolidate recent gains on Jan. 24, as markets prepared for a big week of U.S. economic data. Gross domestic product (GDP) figures for Q4 2022 will be released on Thursday, followed by consumer sentiment data the day after. Ethereum also secured recent gains in today’s session, with prices nearing a move below $1,600. Bitcoin Bitcoin (BTC) consolidated for a third straight day, as traders continued to secure gains from Saturday, when prices rose to a… Source link

GSR II Meteora Acquisition Corp. logo Signs 440 New Retail Locations Across North America, Continuing as Leading U.S. BTM Operator by Market Share Bitcoin Depot Kiosk Bitcoin Depot has approximately 7,000 kiosk locations across 47 states and ten Canadian provinces. ATLANTA, Jan. 24, 2023 (GLOBE NEWSWIRE) — Lux Vending, LLC dba Bitcoin Depot Inc. (“Bitcoin Depot”), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced multiple partnerships with… Source link

Litecoin (LTC/USD) has been the best-performing big-cap coins in the past few months. After falling to a low of $40.60 on July 12, Litecoin has been in a slow upward trend. It has risen by over 125% from the lowest point in 2022. It is also hovering near its highest point since May 2022. This means that it has outperformed Ethereum and Bitcoin prices by far. Here are some of the top charts that explain the strong LTC comeback. Litecoin hashrate has been rising Hash rate is an important metric… Source link

Bitcoin Loophole facilitates Bitcoin (BTC) trading through automated crypto trading software. It uses trading bots to help users make financially sound decisions in the crypto markets to make large chunks of profits. Cryptocurrency trading has gone mainstream, with traders making large sums of money in the market. Bitcoin Loophole takes this experience one step further. Over the past decade, what started as a peer-to-peer electronic cash system on blockchain technology has evolved into a… Source link

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Bitcoin broke the US$23,000 resistance line in Tuesday afternoon trading in Asia, with most other top 10 non-stablecoin cryptocurrencies by market capitalization also higher. Polkadot and BNB led gains, with equity markets higher on expectations of less aggressive rate hikes by the U.S. central bank. See related article: U.S.’ first nuclear-powered Bitcoin mining center to open in Q1 Fast facts Bitcoin, the biggest cryptocurrency by market capitalization, gained 1.6% to US$23,059 at 4 p.m. in… Source link

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Does an average 9% return on investment sound attractive? As it turns out, this is exactly what the Chinese New Year has had in store for Bitcoin investors for the past eight years, according to a new report by digital assets financial services platform Matrixport. “Buying Bitcoin at the end of the first day of Chinese New Year and selling it 10 trading days later would have returned +9%, on average, with all of the last eight years (2015-2022) showing positive returns,” Markus Thielen,… Source link

Bitcoin, the world’s most valuable cryptocurrency, has been rising and has reached $23,333 for the first time since August 19. Over the weekend, BTC broke through the $23,000 barrier for the first time in five months, making it exciting for the cryptocurrency market.  Meanwhile, Ethereum, the second-largest digital coin, reached $1,664.78 for the first time since November 7, 2022.  The reason for its bullish trend, on the other… Source link

Jan 24 (Reuters) – Paranoid? The domino downfall of FTX and other crypto custodians is enough to make the most trusting investor grab their bitcoin and shove it under the mattress. Indeed, holders big and small are taking “self-custody” of their funds, moving them from crypto exchanges and trading platforms to personal digital wallets. In a sign of this shift among retail investors, the number of bitcoin held in smaller wallets – those with under 10 bitcoin – rose to 3.35 million as of Jan…. Source link