Bitcoin

The below is a direct excerpt of Marty’s Bent Issue #1179: “Stratum V2 progress spotted in the wild.” Sign up for the newsletter here. Here’s something very encouraging to see; a working demo of Stratum V2 in the wild. Even better, a working demo dropping on the same day as a thorough report on Stratum V2 from the mining team at Galaxy Digital. via Galaxy Digital For those of you freaks who are unaware of or have forgotten what Stratum V2 is and why it’s important; it is a new mining pool… Source link

Over the past two months, Bitcoin (BTC) has respected a slightly ascending trend, bouncing multiple times from its support. Even though that might sound positive, Bitcoin’s performance year-to-date remains a lackluster negative 14%. On the other hand, the Bloomberg Commodity Index (BCOM) gained 2% in the same period. Bitcoin/USD 1-day candle chart. Source: TradingView The broader commodity index benefited from price increases in crude oil, natural gas, gold, corn, and lean hogs. Worsening… Source link

Image source: Getty Images Bitcoin is down nearly 3% this past week, while these three projects have blazed past it with big double-digit gains. Key points In 2021, Bitcoin saw a 73% return for investors according to Arcane Research; and the 10 years prior it had annualized returns of more than… Source link

Welcome to Newsweek‘s cryptocurrency news: in this daily update we will be looking at the movement and outlook for major cryptocurrencies, including Bitcoin, with a technical analysis. Meanwhile, the Newsweek Cryptocurrency Index has data on 11 currencies, with individual strength comparisons. Bitcoin (BTC/USD) Outlook Key Highlights Bitcoin edged above $40,000 ahead of the Fed’s monetary policy meeting on Wednesday. The U.S. central bank is expected to hike rates by 25 basis points, and markets… Source link

Moves in Korea have given bitcoin a huge boost. Reuters/Dado Ruvic/Illustration Bitcoin shot up above $40,000 today, rallying on the news that the incoming South Korean president is bullish on crypto. The cryptocurrency market capitalisation shot up 2% today on the back of several positive factors, such as the EU abandoning critical legislation that would have led to an effective ban on bitcoin mining in the bloc. Bitcoin (BTC-USD) has rallied up 3.6% today, breaking through the $40,000 mark in… Source link

Push past $41,000 comes as major Asian equity markets open in the green at the start of Wednesday’s trading session and the market awaits Fed decision. Push past $41,000 comes as major Asian equity markets open in the green at the start of Wednesday’s trading session and the market awaits Fed decision. Push past $41,000 comes as major Asian equity markets open in the green at the start of Wednesday’s trading session and the market awaits Fed decision. Mar 16, 2022 at 2:44 a.m. UTC Updated Mar… Source link

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 compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Bitcoin (BTC) could undergo one last bear market capitulation if “whales” — addresses that hold more than $1 million worth of Bitcoin — ramp up their selling pressure, according to on-chain analyst Willy Woo. Room for another Bitcoin drop? Woo assessed the average price at which short-term investors entered the Bitcoin market across history and charted the daily change in the value. That resulted in a cost basis, a metric that signals when “inexperienced” traders sell BTC to… Source link

Benzinga Fed To Throw Its Pandemic Emergency Measures Into Reverse: Reuters Reuters revisits March 15, 2020, when the U.S. Federal Reserve, in the words of its boss Jerome Powell, “crossed a lot of red lines that had not been crossed before.” Powell cut interest rates to zero, announced huge asset purchases to deflect bond market stress, and opened dollar supply lines for other central banks, fearing a pandemic that threatened recession on a scale not seen since the 1930s. Fed is expected to… Source link

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 compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link