bitcoin

Weaker US Wage Growth Triggers Upside Moves

Weaker US Wage Growth Triggers Upside Moves

On January 9, the Bitcoin price prediction became bullish, with BTC rising nearly 1.50% to $17,223. Similarly, Ethereum, the second-largest cryptocurrency, soared nearly 3.50% to $1,310 during Monday’s Asian session.  Marathon Digital Holdings, one of North America’s largest Bitcoin mining companies, revealed in an update that it has been experimenting with overclocking in order to improve its strategic advantage in the BTC mining… Source link

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BTC price 3-week highs greet US CPI — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week on a promising footing with BTC price action near one-month highs — can it last? In a new year’s boost to bulls, BTC/USD is currently surfing levels not seen since mid-December, with the weekly close providing cause for optimism. The move precedes a conspicuous macroeconomic week for crypto markets, with the December 2022 Consumer Price Index (CPI) print due from the United States. Jerome Powell, Chair of the Federal Reserve, will also deliver a speech on the… Source link

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Cardano and Solana decoupled from crypto in explosive price rallies, which altcoin is next?

Cardano and Solana decoupled from Bitcoin, Ethereum and crypto ecosystem, yielding double-digit gains overnight on January 8.  On-chain indicators like social dominance and daily active addresses signaled a bullish trend reversal for both.  Litecoin’s correlation with Bitcoin and Ethereum is declining, the altcoin may be preparing for an explosive price rally. Cardano and Solana, two competitors of the smart contract blockchain network Ethereum recently… Source link

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HIVE Blockchain Provides December 2022 Production Update

HIVE Blockchain Provides December 2022 Production Update

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated September 2, 2022 to its amended and restated short form base shelf prospectus dated January 4, 2022. Vancouver, British Columbia–(Newsfile Corp. – January 9, 2023) – HIVE Blockchain Technologies Ltd. (TSXV: HIVE) (Nasdaq: HIVE) (FSE: HBFA) (the “Company” or “HIVE”) is pleased to announce the production figures from the Company’s global Bitcoin operations for the month of… Source link

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First Mover Asia: Bitcoin Eclipses $17K, Breaking Out of Three-Week Trading Range – CoinDesk

First Mover Asia: Bitcoin Eclipses $17K, Breaking Out of Three-Week Trading Range – CoinDesk

Recently, Binance has made efforts to increase its commitment to compliance, growing its security and compliance staff by 500% in 2022. Additionally, last fall the company assembled a global advisory board chaired by Max Baucus, a former Democratic senator from Montana. Meanwhile, the exchange seems eager to improve its relations with the U.S. government, recently becoming active in crypto lobbying in Washington, DC. Source link

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Bitcoin back above US$17,000; Ether, crypto market extend weekend gains

Bitcoin back above US$17,000; Ether, crypto market extend weekend gains

Bitcoin and Ether rose in Monday morning trading in Asia, rising with the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Cardano and BNB changing the most. Many cryptocurrencies have been gaining over the past several days after the latest U.S. jobs data released last Friday sparked a Wall Street rally. See related article: Crypto exchange Huobi latest firm to slash staff: Reuters Fast facts Bitcoin was up 1% to US$17,117 in the 24 hours to 8 a.m. in Hong… Source link

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Bitcoin back above US$17,000; Ether, crypto market extend weekend gains

Bitcoin back above US$17,000; Ether, crypto market extend weekend gains

Bitcoin and Ether rose in Monday morning trading in Asia, rising with the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Cardano and BNB changing the most. Many cryptocurrencies have been gaining over the past several days after the latest U.S. jobs data released last Friday sparked a Wall Street rally. See related article: Crypto exchange Huobi latest firm to slash staff: Reuters Fast facts Bitcoin was up 1% to US$17,117 in the 24 hours to 8 a.m. in Hong… Source link

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Ethereum Devs Prep Plan to Let Stakers Withdraw ETH From Beacon

ETH Stakers May Be Able to Initiate Withdrawals in March Stakers may soon be able to withdraw Ether from the Beacon chain, with Ethereum’s devs aiming to deliver the long-awaited upgrade this quarter. On Jan. 5, Ethereum developers convened for the first All Core Devs (ACD) call of 2023. During the discussion, devs agreed to deploy public testnets for Ethereum’s next upgrades, Shanghai and Capella, next month. They also set March as a tentative target for the highly awaited upgrades to go… Source link

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Chinese miner predicts Ethereum will lead 2023 bull run as ETH trades at $1,300

Ethereum price has sprouted after tight consolidation and eyes a retest of $1,350 and higher levels. Chinese ETH miner Jiang Zhuoer anticipates ETH to permanently leave its current range and kick-start a bull run from March to May 2023. Invalidation of the bullish outlook will occur if the smart-contract token breaches the $1,215 support level.  Ethereum price has been consolidating since January 3 and has finally triggered an explosive move to the upside. While… Source link

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Ethereum (ETH) Price Analysis for January 8

Ethereum (ETH) Price Analysis for January 8

By the end of Sunday, the market is trading in the neutral zone as the rates of some coins are rising, while others are falling. ETH/USD The rate of Ethereum (ETH) has declined by 0.10% since yesterday. Over the last week, however, the price has risen by 5.42%. On the local chart, the price has made a false breakout of the resistance at $1,264. At the moment, the rate is located in the middle of the narrow channel. From the technical point of view, traders are unlikely to see sharp… Source link

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