Tag: BTC

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Bitcoin and Ethereum Still Range-Bound, LUNA Gains Traction

  Bitcoin price recovered losses and climbed above the USD 46,000 level. BTC even surpassed the USD 46,500 resistance zone. It is currently (11:48 UTC) trading in a range near USD 46,700 and might test USD 47,000. The price is now up over 1% in a day… Read More: Bitcoin and Ethereum Still Range-Bound, LUNA…
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Bitcoin, Ethereum Technical Analysis: Bitcoin Climbs Above $47,000, as ETH Consolidates at Key Resistance Level

Bitcoin was back in the green during Tuesday’s session, as the world’s largest cryptocurrency rose above $47,000. ETH was also marginally higher today, as it continued to hover close to its $3,500 resistance level. Bitcoin Bulls were back in bitcoin on Tuesday, as the world’s largest cryptocurrency rose above $47,000 during the session. Following a…
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Bitcoin and Ethereum Move Higher, MKR and CELO Outperform

  Bitcoin price found support just above the USD 45,000 level. BTC started a decent upward move and climbed above USD 46,200. It is currently (04:16 UTC) showing positive signs near USD 46,700 and might attempt an upside break above USD 47,200. Besides, most major altcoins are trading in a positive zone and stayed above…
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Biggest future BTC whale explains why Bitcoin was chosen for ‘decentralized Forex reserve’

Terra co-founder Do Kwon reveals that the firm will be buying Bitcoin “in perpetuity” to back new mints of its UST stablecoin. Bitcoin (BTC) is the collateral asset of choice for the world’s biggest decentralized stablecoin, and one of its top executives says there was no other. Speaking to Bloomberg on April 4, Do Kwon,…
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Bitcoin Exchange Outflows Suggest Rally May Only Be Starting

Bitcoin exchange inflows and outflows continue to be a way to determine what investors are doing with their coins. These usually follow a trend either in a bull or a bear market and deviate when there is a change in the market. This time around, with the market back in another surge, looking at the…
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Close to 250 Casascius Physical Bitcoins Were Redeemed in 6 Months, $1.9B in BTC Remain Active

Since September 18, 2021, close to 250 Casascius physical bitcoins were redeemed over the last 198 days. On that day six months ago, there were 19,920 Casascius physical bitcoins left active and today, there are approximately 19,676 left to peel. 19,676 Casascius Physical Bitcoins Left to Peel During the last six months, approximately 244 Casascius…
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Bitcoin and Ethereum Consolidate, DOGE Rallies on Musk’s Twitter Deal

  Bitcoin price moved lower below USD 46,200 and even traded below USD 46,000, but the bulls were active above USD 45,500. It is currently (11:45 UTC) consolidating and struggling to gain bullish momentum. The price is unchanged in a day…. Read More: Bitcoin and Ethereum Consolidate, DOGE Rallies on Musk’s Twitter Deal  Read more…
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Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets

On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of March 2022. The newly added machines increased the company’s hashrate from 2 exahash per second in February to 3.95 EH/s by the end of March.…
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Bitcoin Cold Case: The Tale of the Dormant Wallet With Close to 80,000 BTC From Mt Gox

For the last 11 years, a mysterious wallet associated with the Mt Gox scandal has sat dormant holding close to 80,000 bitcoin worth $3.7 billion today. While the wallet was once the sixth-largest address a few years ago, today it’s the ninth-largest wallet in terms of bitcoin held, and the funds have never been spent…
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Bitcoin, Ethereum Technical Analysis: ETH Falls Below $3,500, While BTC Continues to Consolidate

Following recent multi-month highs, BTC continued to consolidate on Monday, as markets marginally fell to start the week. In addition to bitcoin, the current uncertainty in crypto markets also pushed ETH lower, falling below its $3,500 level as a result. Bitcoin BTC was trading in the red to start the week, as the world’s largest…
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