Bitcoin Cryptocurrency https://bitcoin.kia.cc Bitcoin Ethereum Litecoin Monero Thu, 02 Feb 2023 21:22:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs https://bitcoin.kia.cc/bitcoin-pro-traders-warm-up-the-24k-level-suggesting-that-the-current-btc-rally-has-legs/ https://bitcoin.kia.cc/bitcoin-pro-traders-warm-up-the-24k-level-suggesting-that-the-current-btc-rally-has-legs/#respond Thu, 02 Feb 2023 21:22:03 +0000 https://bitcoin.kia.cc/bitcoin-pro-traders-warm-up-the-24k-level-suggesting-that-the-current-btc-rally-has-legs/

On Feb. 1 and Feb 2. Bitcoin’s (BTC) price surpassed even the most bullish price projections after the U.S. Federal Reserve (FED) announced plans to raise interest rates by 25 basis points. 

Even though FED chair Jerome Powell told investors not to wait for interest rate cuts in 2023, during his press conference he did clearly state that the employment data is currently the main focus.

The results of the ADP payroll survey revealed on Feb. 1 that U.S. private sector hiring was significantly…


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Ethereum Looks Better Than Bitcoin Here (ETH-USD) https://bitcoin.kia.cc/ethereum-looks-better-than-bitcoin-here-eth-usd/ https://bitcoin.kia.cc/ethereum-looks-better-than-bitcoin-here-eth-usd/#respond Thu, 02 Feb 2023 20:15:38 +0000 https://bitcoin.kia.cc/ethereum-looks-better-than-bitcoin-here-eth-usd/

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Thesis Summary

Ethereum (ETH-USD) has rallied strongly with the broader crypto market, and it seems like a bottom could be in. If this is the case, and you feel like you missed the boat, there’s no


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Bitcoin flirts with $24K as cryptos garner buyers in post-Fed rally https://bitcoin.kia.cc/bitcoin-flirts-with-24k-as-cryptos-garner-buyers-in-post-fed-rally/ https://bitcoin.kia.cc/bitcoin-flirts-with-24k-as-cryptos-garner-buyers-in-post-fed-rally/#respond Thu, 02 Feb 2023 19:47:45 +0000 https://bitcoin.kia.cc/bitcoin-flirts-with-24k-as-cryptos-garner-buyers-in-post-fed-rally/

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Bitcoin (BTC-USD) is extending its noteworthy year-to-date price gains in Thursday afternoon trading, flirting with the $24K multi-day technical resistance level, as the broader cryptocurrency market attracted further buying pressure on the heels of Fed chief


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Ethereum Rival That’s Soared 160% in Just One Month May Be in Early Days of Massive Rally, According to Crypto Analytics Firm https://bitcoin.kia.cc/ethereum-rival-thats-soared-160-in-just-one-month-may-be-in-early-days-of-massive-rally-according-to-crypto-analytics-firm/ https://bitcoin.kia.cc/ethereum-rival-thats-soared-160-in-just-one-month-may-be-in-early-days-of-massive-rally-according-to-crypto-analytics-firm/#respond Thu, 02 Feb 2023 19:05:05 +0000 https://bitcoin.kia.cc/ethereum-rival-thats-soared-160-in-just-one-month-may-be-in-early-days-of-massive-rally-according-to-crypto-analytics-firm/

A leading crypto analytics firm is suggesting that Fantom (FTM), a top Ethereum (ETH) rival, is only in the beginning stages of a major rally.

Smart contract platform Fantom is trading for $0.635 at time of writing, up 27% in the last 24 hours, and up over 164% since 2023 began.

Leading crypto analytics firm Santiment says FTM has more than just short-term strength – they see promising long-term signs in FTM’s recent movements, as well.

“If you dipped your toes in Fantom at…


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Ethereum (ETH) price is aiming for $1,800 in February — Here is why https://bitcoin.kia.cc/ethereum-eth-price-is-aiming-for-1800-in-february-here-is-why/ https://bitcoin.kia.cc/ethereum-eth-price-is-aiming-for-1800-in-february-here-is-why/#respond Thu, 02 Feb 2023 18:34:51 +0000 https://bitcoin.kia.cc/ethereum-eth-price-is-aiming-for-1800-in-february-here-is-why/

Ether (ETH) has been struggling with the $1,680 resistance since Jan. 20. Still, the ascending triangle pattern and improvements in investor sentiment in ETH derivatives provides hope that Ether price could reach $1,800 or higher by the end of February. This, of course, depends on how the Ether price behaves as it reaches the pattern deadline by mid-February. 

Ether/USD price index, 12-hour. Source: TradingView

From one side, traders are relieved that Ether is trading up 33% year-to-date, but…


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Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk https://bitcoin.kia.cc/giant-bitcoin-taproot-wizard-nft-minted-in-collaboration-with-luxor-mining-pool-coindesk/ https://bitcoin.kia.cc/giant-bitcoin-taproot-wizard-nft-minted-in-collaboration-with-luxor-mining-pool-coindesk/#respond Thu, 02 Feb 2023 18:18:04 +0000 https://bitcoin.kia.cc/giant-bitcoin-taproot-wizard-nft-minted-in-collaboration-with-luxor-mining-pool-coindesk/

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Why Bitcoin, Litecoin, and Dogecoin Are Moving Higher Today https://bitcoin.kia.cc/why-bitcoin-litecoin-and-dogecoin-are-moving-higher-today/ https://bitcoin.kia.cc/why-bitcoin-litecoin-and-dogecoin-are-moving-higher-today/#respond Thu, 02 Feb 2023 16:06:33 +0000 https://bitcoin.kia.cc/why-bitcoin-litecoin-and-dogecoin-are-moving-higher-today/

What happened

Cryptocurrencies moved higher today after the market seemed to take to the Federal Reserve’s first meeting of 2023, which concluded yesterday afternoon.

Since late afternoon yesterday, the price of the world’s largest cryptocurrency, Bitcoin (BTC 3.89%), traded roughly 1.4% higher and hovered around $23,800. Meanwhile, altcoin Litecoin (LTC 6.71%) traded more than 11% higher, while meme token Dogecoin (DOGE 3.93%) was up more than 5%.

So what

The Fed at the end of its meeting…


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CleanSpark Releases January 2023 Bitcoin Mining Update https://bitcoin.kia.cc/cleanspark-releases-january-2023-bitcoin-mining-update/ https://bitcoin.kia.cc/cleanspark-releases-january-2023-bitcoin-mining-update/#respond Thu, 02 Feb 2023 14:00:00 +0000 https://bitcoin.kia.cc/cleanspark-releases-january-2023-bitcoin-mining-update/

Company mines a record 697 bitcoins for the month, up 50% from prior month and 129% from same prior year period; Company’s bitcoin holdings grow 32%

LAS VEGAS, Feb. 02, 2023 (GLOBE NEWSWIRE) — CleanSpark, Inc. (Nasdaq: CLSK) (the “Company” or “CleanSpark”), America’s Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending January 31, 2023.

“We had a banner month, and not just because we mined a record number of bitcoin,” said Zach…


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OP Token Surges 25% as Optimism Foundation Proposes ‘Bedrock’ Upgrade https://bitcoin.kia.cc/op-token-surges-25-as-optimism-foundation-proposes-bedrock-upgrade/ https://bitcoin.kia.cc/op-token-surges-25-as-optimism-foundation-proposes-bedrock-upgrade/#respond Thu, 02 Feb 2023 13:14:01 +0000 https://bitcoin.kia.cc/op-token-surges-25-as-optimism-foundation-proposes-bedrock-upgrade/

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Ethereum layer 2 scaling system Optimism on Wednesday proposed a mainnet upgrade to boost performance and functionality, accelerating the rally in its governance token OP.

“The Optimism Foundation is proud to propose the first protocol upgrade to the Optimism Collective: Bedrock,” the proposal floated in the governance forum said.

“This upgrade offers a new level of modularity, simplicity, and Ethereum equivalence


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Monero (XMR) price staggers as the hash rate retreats https://bitcoin.kia.cc/monero-xmr-price-staggers-as-the-hash-rate-retreats/ https://bitcoin.kia.cc/monero-xmr-price-staggers-as-the-hash-rate-retreats/#respond Thu, 02 Feb 2023 12:46:11 +0000 https://bitcoin.kia.cc/monero-xmr-price-staggers-as-the-hash-rate-retreats/

Monero price moved sideways on Thursday as investors reacted to the latest interest rate decision by the Federal Reserve. XMR, the network’s coin, was trading at $180 on Thursday, a few points below this year’s high of $187. It has jumped by more than 22% from the lowest point in January. 

Monero hash rate slipping

Monero is a leading cryptocurrency in the privacy sector….


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