Tag: BTC

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Bitcoin miner capitulation due to end amid 1st difficulty increase since June

It may be as soon as August that miners start returning, and difficulty is already planning an uptick. Bitcoin (BTC) miners have been capitulating for almost two months, but an end to the squeeze could already be here. That was the conclusion from Blockchain infrastructure and cryptocurrency mining firm Blockware as it published its latest…
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Bitcoin and Ethereum Consolidate Gains, FIL Rallies

Bitcoin price gained pace above the USD 24,000 resistance. However, BTC failed to test the USD 25,000 level and is currently (04:06 UTC) consolidating gains near USD 23,350. BTC is down almost 2% in a day and up over 3% in a week.  Similarly, most major altcoins are correcting lower. ETH struggled to stay above…
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What happens when 21 million Bitcoin are fully mined? Expert answers

Mining expert Mohamed El Masri predicts that Bitcoin will be worth around $430,500 when the last coin is minted. When the last Bitcoin (BTC) is finally mined, the livelihood of miners who rely on block rewards as a source of income will be affected. Despite this, the future of mining stays promising, according to an…
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Weekend

Following strong gains on Friday, bitcoin was consolidating under a key resistance level to start the weekend. Bulls opted to secure gains as price uncertainty heightened in crypto markets, which as of writing are down 1% on the day. Ethereum was also marginally lower in the session. Bitcoin After strong gains on Friday, bitcoin (BTC)…
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Central African Republic Token Sale off to Slow Start — $1.26 Million Raised in Under 5 Days

The Central African Republic’s token sale appeared to have gotten to a slow start after less than 13 million out of the 210 million Sango coins were sold since the commencement of the sale on July 25. The country has claimed its decision to adopt bitcoin has won praise from “other African countries exploring the…
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Bitcoin, Ethereum Technical Analysis: BTC Climbs Above $24,000, While ETH Nears $1,800

Bitcoin rose for a third consecutive session on Friday, as prices rose above $24,000 to end the work week. Today’s rise comes as sentiment in crypto remains bullish, following Wednesday’s interest rate hike by the Fed. Ethereum was also higher, as prices approached $1,800. Bitcoin Bitcoin (BTC) was trading higher for a third straight day,…
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Bitcoin and Ethereum Trim Gains, Altcoins Correct Lower Too

Bitcoin price spiked towards USD 24,500 before it faced sellers. BTC is currently (11:49 UTC) trading near USD 23,800 and is still up 2% in a day and almost 3% in a week. Similarly, all major altcoins are correcting their gains. ETH is trading below USD 1,700 again, while XRP failed near the USD 0.388…
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Bitcoin Tests USD 24K, Ethereum Above USD 1.7K, ETC Keeps Pumping

Bitcoin price remained strong above the USD 22,500 level and started another increase, surpassing the USD 23,500 resistance. It even spiked above USD 24,000 and is currently (03:54 UTC) trading near USD 23,900. BTC is up over 3% in a day and a week. Similarly, most major altcoins are also showing signs of more upsides.…
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Bitcoin and Ethereum Consolidate Gains, Altcoins in Green

Bitcoin price gained pace after it broke the USD 22,500 resistance and climbed above the USD 23,000 level before the bears appeared near USD 23,450. It is currently (11:44 UTC) consolidating gains near the USD 23,000 level and is up 8% in a day and down 1% in a week. Similarly, most major altcoins are…
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Bitcoin, Ethereum Technical Analysis: BTC Surges by $2,000, Climbing Above $23,000 as Fed Hikes Bank Rate

Crypto prices surged in today’s session, as markets continued to react to the Federal Reserve’s latest interest rate hike. The Fed opted to raise rates by 75 basis points (bps) for a second consecutive meeting. Bitcoin briefly rose above the $23K mark earlier in the day, with ethereum rallying to a fresh six-week high over…
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