From Las Vegas at CES,” First Mover” host Christine Lee kicked off CoinDesk’s coverage of the largest tech conference of the year. CoinDesk’s Pete Pachal gave a preview. Also, as the U.S. House of Representatives struggles to elect a speaker, how could the outcome impact this year’s crypto agenda in Washington, D.C.? Ron Hammond, Director of Government Relations at the Blockchain Association, shared his predictions. Plus, bitcoin is still trading flat, but for how long? Katie Stockton,… Source link
Read More »Ethereum Could Jump 27% To Trade At $1,600, How Is This Possible?
Ethereum is currently following the general crypto market trend at this point and has been posting only slight gains in the last 24 hours. With the bear market in full swing, a large number of cryptocurrencies remain at risk of losing more of their value. However, for Ethereum, there could be a bull trend on the horizon and it has to do with staking on the network. Shanghai Upgrade Will Drive Ethereum Up Currently, compared to the other Layer 1 proof of stake networks in the sector,… Source link
Read More »Bitcoin holds above $16,850 as positive economic data points to further interest rate hikes
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) – The range-bound trading witnessed in the crypto market over the past three weeks continued on Thursday after the latest economic data showed private payrolls rose more than expected last month and weekly jobless claims fell to a three-month low. Tightness in the labor market… Source link
Read More »Monero (XMR) has a Bullish Sentiment Score, is Rising, and Underperforming the Crypto Market Thursday: What’s Next?
Monero (XMR) gets a bullish rating from InvestorsObserver Thursday. The coin is up 2.89% to $154.38 while the broader crypto market is up 0.21%. Monero has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Bullish Over the last five days, Monero has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Monero over… Source link
Read More »How Bitcoin Is Responding to the December Jobs Report – 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 »Crypto Markets Analysis: On-Chain Data Shows Short-Term Bitcoin Holders Turning Profits – 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 »Monero (XMR) Price Prediction 2025
According to leading industry experts, GameFi and play-to-earn (P2E) are set to explode in 2023-2025. New market entrants in this sector are already gaining significant traction with investors, often at the expense of more established players in the wider market. The Monero price prediction 2025 illustrates this trend. It’s clear that many investors are now choosing crypto… Source link
Read More »Ethereum Price Prediction – How High Can ETH Go in 2023?
ETH, the native cryptocurrency that powers the smart contract-enabled decentralized Ethereum blockchain, is consolidating on Thursday near the $1,250 mark after posting decent gains in the first few days of this week. Indeed, despite now having pulled close to 2% lower versus Wednesday’s highs in the $1,270 area, ETH is still up about 4.0% this week, after mustering a clean upside break of both of its 21 and 50-Day Moving… Source link
Read More »BTC Consolidates as FOMC Indicates Further Rate Hikes to Come – Market Updates Bitcoin News
Bitcoin consolidated marginally below $17,000, as market volatility remained high following the recent Federal Open Market Committee (FOMC) minutes. In December’s meeting, the U.S Federal Reserve agreed to maintain hiking rates, with inflation still near historic highs. Ethereum also remained close to recent highs on Thursday. Bitcoin Bitcoin (BTC) mostly consolidated on Thursday, as price failed to break out of the key level of $17,000 yesterday. Following a high of $16,964.59 on… Source link
Read More »Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for December 2022
Marathon Digital Holdings, Inc. Marathon’s Path to 23 EH/s Latest installation schedules as of January 2023. Subject to change. – Achieved a New Record in Quarterly BTC Production – Produced 475 BTC in December 2022, 1,562 BTC in Q4 2022, and 4,144 BTC In Fiscal Year 2022 – Increased Unrestricted Cash to $103.7 Million and Unrestricted Bitcoin Holdings to 7,815 BTC as of December 31 LAS VEGAS, Jan. 05, 2023 (GLOBE NEWSWIRE) — Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or… Source link
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