Tag: BTC

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Bitcoin and Ethereum Extend Gains, LDO and CEL Outperform

Bitcoin price started a fresh increase above the USD 23,500 resistance and settled above the USD 24,000 level. It is currently (12:20 PM UTC) trading just above USD 24,500 and is up almost 7% in a day and over 7% in a week. Similarly, most major altcoins are eyeing further gains. ETH might climb further…
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Bitcoin, Ethereum Technical Analysis: ETH Moves to 2-Month High Above $1,900 

Ethereum surged to a two-month high above $1,900 on Thursday, as the token continued to rally following yesterday’s U.S. inflation report. Inflation in the United States was at 8.5% in July, giving traders some optimism on a potential gradual recovery. Bitcoin was also in the green, as prices moved closer to $25,000. Bitcoin Bitcoin (BTC)…
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Bitcoin and Ethereum Keep Inching Higher, CEL Doubles in a Week

Bitcoin price formed a strong base above USD 22,650 and rallied on US inflation news yesterday. BTC is now (03:59 UTC) trading near the USD 24,400 level and is up over 6% in a day and almost 7% in a week. Similarly, most major altcoins are eyeing more upsides. ETH rallied over 12% and surpassed…
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Bitcoin, Ethereum Technical Analysis: ETH Surges Back Above $1,700 as US Inflation Falls to 8.5%

Ethereum was once again volatile on Wednesday, as prices of the token fell below $1,700 ahead of the latest U.S. inflation report. However, following the report, which came in at 8.5% in July, the token surged back above this point. Bitcoin was trading lower, as it continued to hover below $24,000. Bitcoin Bitcoin (BTC) was…
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Bitcoin and Ethereum Gain Bearish Momentum, Altcoins Slide

Bitcoin price started another decline below the USD 23,500 support zone and moved below the USD 23,000 level. It is currently (04:03 UTC) trading near USD 22,900 and is down over 4% in a day and almost 1% in a week. Similarly, most major altcoins are gaining bearish momentum. ETH is down 6% and trading…
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Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity

On Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86 megawatts (MW) of capacity. Presently, the newly opened site in Washington, Georgia, has 36 megawatts, which is expected to give Cleanspark’s hashrate a 38% boost this quarter. Publicly-Listed Bitcoin Miner Cleanspark Expands Operations in Georgia…
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These Are the Crypto Economy’s 5 Most Expensive Assets per Unit in August 2022

On July 18, 2021, Bitcoin.com News researched the top five most expensive crypto assets and at that time there were two digital currencies worth five digits in value, two tokens worth four digits in U.S. dollar value, and one valued at three digits. Today, a lot has changed but currently, bitcoin and the token yearn…
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Bitcoin, Ethereum Technical Analysis: BTC Drops Under $24,000 After Falling Below Key Price Ceiling

Bitcoin fell below $24,000 in today’s session, as prices collided with a key resistance level. Following a strong start to the week, crypto markets were mostly in the red, with the global market cap down 2.98% as of writing. Ethereum was also trading lower, moving close to a breakout below $1,700. Bitcoin Following a strong…
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Bitcoin and Ethereum Consolidate, ZEC and CEL Rally

Bitcoin price was able to briefly move above the USD 24,000 resistance level before trimming its gains. BTC is currently (04:01 UTC) trading near USD 23,800 and still up over 2% in a day and a week. Similarly, most major altcoins are trading in a range and eyeing more gains. ETH could gain pace if…
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The Number of Cryptocurrency ATMs Installed Worldwide Surpasses 39,000

This week the number of cryptocurrency automated teller machines (ATMs) operating worldwide has surpassed the 39,000 mark. Since January 2017 when the count was approaching 1K machines, the number of crypto ATMs has grown by 3,925% since then. Crypto ATM numbers saw exponential growth during the last 23 months since September 1, 2020, when there…
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