bitcoin

Bitcoin Miner 1Thash Sent Almost All Its BTC to Binance

A Chinese miner has sent nearly 5,600 bitcoin (BTC), about $124 million worth, to the Binance crypto exchange, blockchain data shows, in what might be interpreted as a move to sell the holdings. Bitcoin miner 1Thash sent almost its entire bag of bitcoin to Binance in a series of transactions earlier this week that were flagged by the analysis firm CryptoQuant. Binance is the largest crypto exchange by daily trading volume. The conventional wisdom among crypto traders is that large BTC inflows… Source link

Read More »

Bitcoin Miner 1Thash Sent Almost All Its BTC to Binance – CoinDesk

Bitcoin Miner 1Thash Sent Almost All Its BTC to Binance – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Read More »

Bitcoin has climbed more than 10% this week, outperforming stocks

Bitcoin has climbed more than 10% this week, outperforming stocks

A visual representation of Bitcoin. Edward Smith | Getty Images Cryptocurrencies rose this week even as U.S. equities briefly retreated from their new year rally and a major crypto lender submitted a long awaited bankruptcy filing. Bitcoin was last higher by about 12% for the week, according to Coin Metrics, while ether has risen 14%. related investing news By comparison, two of the three major stock averages were on track to post a losing week, which has been shortened for the Martin Luther King… Source link

Read More »

Bitcoin Rises Slightly After Genesis' Chapter 11 Filing; Hut 8 CEO on Crypto Winter – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Read More »

Peter Schiff says Bitcoin’s “sucker’s rally” is overshadowing the strength of gold

Peter Schiff says Bitcoin’s “sucker’s rally” is overshadowing the strength of gold

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Euro Pacific Asset Management’s chief market strategist Peter Schiff – who is well known for his pro-gold, anti-bitcoin stance – recently took to Twitter to say that the rally seen in Bitcoin over the past week has overshadowed the performance of gold, and that the precious… Source link

Read More »

Mississippi Missouri Bills To Protect Bitcoin – Bitcoin Magazine

Mississippi Missouri Bills To Protect Bitcoin – Bitcoin Magazine

Lawmakers from the U.S. states of Mississippi and Missouri have introduced bills that seek to legally protect their citizens’ rights to run a Bitcoin node and to mine BTC. Excerpt of Mississippi’s bill Excerpt of Missouri’s Bill Bills have been submitted to both the Houses and Senates of the respective states, with Senator Josh Harkins (R) and Representative Jody Steverson (R) leading the movement within Mississippi. Representative Phil Christofanelli (R) of Missouri submitted its… Source link

Read More »

Is Monero Classic (XMC) a Bad Investment Friday?

Is Monero Classic (XMC) a Bad Investment Friday?

InvestorsObserver analysis gives Monero Classic a high risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is giving Monero Classic a high Risk/Reward Score. … Source link

Read More »

How the latest crypto bankruptcy might affect bitcoin

Last year the price of bitcoin plunged 64%. The price was down 19% from Nov. 1 through the end of the year. That action followed CoinDesk’s Nov. 2 report about the “unusually close” relationship between FTX and Alameda Research. Both companies were co-founded by Sam Bankman-Fried and FTX filed for bankruptcy on Nov. 11. But late on Thursday, Genesis Global Capital became the latest major player in the world of virtual currencies to file for bankruptcy. Genesis is a subsidiary… Source link

Read More »

Crypto Update | Genesis Files for Bankruptcy Protection, Bitcoin Didn't Care – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Read More »

Bitcoin eyes $21.4K zone as analyst predicts BTC price will chase gold

Bitcoin eyes $21.4K zone as analyst predicts BTC price will chase gold

Bitcoin (BTC) rose toward new multi-month highs on Jan. 20 as analysis predicted a new trading range above $18,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price range “well defined” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD testing but preserving support at $21,000. The pair edged higher at the Wall Street open, in line with United States equities as the third trading week of an explosive January drew to an end. Despite misgivings over the… Source link

Read More »