Bitcoin halts volatility at $23K as BTC hodlers see mass return to profit

Bitcoin halts volatility at $23K as BTC hodlers see mass return to profit

Bitcoin (BTC) traded sideways at the Jan. 24 Wall Street open, with analysts at a loss over where the price would go next. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price holds below key resistance Data from Cointelegraph Markets Pro and TradingView tracked a day of consolidation for BTC/USD, which continued to linger near $23,000. The pair saw little reaction to the start of trading, including technical problems at the New York Stock Exchange, while United States… Source link

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ETH price risks 20% drop if key support level breaks

ETH price risks 20% drop if key support level breaks

Ether’s (ETH) rally versus Bitcoin (BTC) is not only showing signs of exhaustion but is also in danger of breaking below a key technical support level.  ETH slides vs. BTC in the second half of January The ETH/BTC pair declined nearly 9.25% on Jan. 24 from its local top of 0.0779 BTC established on Jan. 11. Since the start of the year, Bitcoin has been slightly outpacing Ether in terms of United States dollars, rising 38% versus 35%, respectively. ETH/BTC daily candle price chart. Source:… Source link

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7 people who could be Bitcoin creator Satoshi Nakamoto

Satoshi Nakamoto is the pseudonym used by the creator(s) of Bitcoin, whose true identity remains unknown. The name was used to author the original Bitcoin (BTC) white paper in 2008 and to create and deploy the first Bitcoin software in 2009. Nakamoto’s true identity has never been revealed, and they have remained an enigma in the world of cryptocurrency. They are estimated to have mined around 1 million BTC in the early days of the network, which would make them one of the wealthiest… Source link

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BTC, ETH Consolidate Ahead of US GDP, Consumer Sentiment Data – Market Updates Bitcoin News

BTC, ETH Consolidate Ahead of US GDP, Consumer Sentiment Data – Market Updates Bitcoin News

Cryptocurrencies continued to consolidate recent gains on Jan. 24, as markets prepared for a big week of U.S. economic data. Gross domestic product (GDP) figures for Q4 2022 will be released on Thursday, followed by consumer sentiment data the day after. Ethereum also secured recent gains in today’s session, with prices nearing a move below $1,600. Bitcoin Bitcoin (BTC) consolidated for a third straight day, as traders continued to secure gains from Saturday, when prices rose to a… Source link

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Leading Bitcoin ATM Operator Bitcoin Depot Strengthens U.S. Footprint with New Retail Partnerships

Leading Bitcoin ATM Operator Bitcoin Depot Strengthens U.S. Footprint with New Retail Partnerships

GSR II Meteora Acquisition Corp. logo Signs 440 New Retail Locations Across North America, Continuing as Leading U.S. BTM Operator by Market Share Bitcoin Depot Kiosk Bitcoin Depot has approximately 7,000 kiosk locations across 47 states and ten Canadian provinces. ATLANTA, Jan. 24, 2023 (GLOBE NEWSWIRE) — Lux Vending, LLC dba Bitcoin Depot Inc. (“Bitcoin Depot”), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced multiple partnerships with… Source link

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Litecoin Price Has Soared: Here’s an On-Chain Analysis

Litecoin (LTC/USD) has been the best-performing big-cap coins in the past few months. After falling to a low of $40.60 on July 12, Litecoin has been in a slow upward trend. It has risen by over 125% from the lowest point in 2022. It is also hovering near its highest point since May 2022. This means that it has outperformed Ethereum and Bitcoin prices by far. Here are some of the top charts that explain the strong LTC comeback. Litecoin hashrate has been rising Hash rate is an important metric… Source link

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What is the Bitcoin Loophole, and how does it work?

Bitcoin Loophole facilitates Bitcoin (BTC) trading through automated crypto trading software. It uses trading bots to help users make financially sound decisions in the crypto markets to make large chunks of profits. Cryptocurrency trading has gone mainstream, with traders making large sums of money in the market. Bitcoin Loophole takes this experience one step further. Over the past decade, what started as a peer-to-peer electronic cash system on blockchain technology has evolved into a… Source link

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Bitcoin rises above US$23,000; Polkadot, BNB lead gains across top 10 cryptos

Bitcoin rises above US$23,000; Polkadot, BNB lead gains across top 10 cryptos

Bitcoin broke the US$23,000 resistance line in Tuesday afternoon trading in Asia, with most other top 10 non-stablecoin cryptocurrencies by market capitalization also higher. Polkadot and BNB led gains, with equity markets higher on expectations of less aggressive rate hikes by the U.S. central bank. See related article: U.S.’ first nuclear-powered Bitcoin mining center to open in Q1 Fast facts Bitcoin, the biggest cryptocurrency by market capitalization, gained 1.6% to US$23,059 at 4 p.m. in… Source link

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Bitcoin Breakout Has Opened Doors to $25K: Analysts – CoinDesk

Bitcoin Breakout Has Opened Doors to $25K: Analysts – CoinDesk

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