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: Bitcoin BTC Price Trades Flat as GDP, Employment Data Signal Mild Growth – 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 Sellers Exhausted, Accumulators HODL – Bitcoin Magazine
The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Analyzing On-Chain Bottom Indicators In this week’s dashboard release, we highlighted some key on-chain metrics we like to track. In this article, we want to walk through more of those in detail. Across bitcoin’s short history, many on-chain… Source link
Read More »Bitcoin Miner Gryphon to Go Public Via All-Stock Merger With Cannabis Firm Akerna – 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 Mining Hardware Market to Reach $1.7 Billion, Globally, by 2031 at 12.6% CAGR: Allied Market Research
Improved data transparency across payments in banks, financial services, and other business sectors drives the growth of the global bitcoin mining hardware market PORTLAND, Ore. , Jan. 27, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Bitcoin Mining Hardware Market by Type (Application-Specific Integrated Circuit, Field Programmable Gate Array, Graphics Process Unit, Central Processing Unit), by Security (Two-Factor Authentication, Biometric Security, NFC… Source link
Read More »Bitcoin world’s most hated cryptocurrency
Northmantrader.com founder Sven Henrich provides insight on investing in cryptocurrency on ‘Making Money.’ Bitcoin’s precipitous plunge in price helped it become the world’s the most hated virtual currency in 2022, according to a survey by crypto education website Coin Kickoff. The world’s largest cryptocurrency by market value was the most disliked coin in 16 countries, led by Canada, Qatar and Finland. Ethereum and solana were the world’s most loved, led by Indonesia, Russia… Source link
Read More »Bitcoin rebounds above $23,000. Can it maintain momentum?
Bitcoin, the world’s largest cryptocurrency by market capitalization, rose 9.89% from Jan. 20 to Jan. 27, to US$23,003 at 4:30 p.m. on Friday afternoon in Hong Kong. Ether gained 2.26% in the same timeframe, to change hands at US$1,582. “The rally is driven by a broader sentiment in the financial markets. The belief is that inflation has peaked and the economic slowdown will force the Fed to soften its stance on interest rates. This might result in 1 or 2 quarters without any rate hike… Source link
Read More »Bitcoin up, Ether down; MATIC tops gains among top 10 cryptos
Bitcoin was up and Ether was down during Asian trading hours on Friday as most of the top coins fell slightly. Polygon’s MATIC saw the biggest gains among the top 10 non-stablecoin cryptocurrencies by market capitalization. See related article: A series of events: Crypto’s 2022 timeline Fast facts Bitcoin gained by 0.08% to US$23,003 in the 24 hours to 4:30 p.m. in Hong Kong. Ether was down 1.45% to US$1,582, according to CoinMarketCap data. MATIC extended its rally with a 9.07% surge to… Source link
Read More »Bitcoin (BTC) Skyrocketing by Over 50% From Current Levels Is ‘Very Doable’, Says Economist Alex Kruger
Economist and crypto trader Alex Kruger is expressing bullish sentiment toward Bitcoin (BTC), saying that the king crypto could mount a massive rally in 2023. Kruger tells his 150,800 Twitter followers that the top crypto asset by market cap could rally up to $35,000, a jump of around 52% from current levels, before a correction occurs. According to Kruger, such a rally by Bitcoin would be in line with how markets normally work. “Breaking through $30,000 then pulling back would… Source link
Read More »Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court
Canada-based Bitcoin (BTC) miner Hut 8 Mining Corporation has ramped up its ongoing fight with its power supplier for one of its mining sites, filing a lawsuit in a Canadian court. Hut 8 said on Jan. 26 it filed a Statement of Claim in the Superior Court of Justice of Ontario against Validus Power, an energy supplier for a Hut 8 mining facility in North Bay, Ontario. The firms have been in an ongoing dispute since early November 2022 due to what Hut 8 alleges is a failure by Validus to “meet… Source link
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