Tag: BTC

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Bitcoin Miners Catch a Break as Mining Difficulty Drops for the First Time in 3 Months

Bitcoin miners got a small break on March 3, after the network’s mining difficulty shifted downward for the first time since November 28, 2021. Bitcoin’s hashrate has remained high meandering between 180 to 220 exahash per second (EH/s) over the last week, but the leading crypto asset’s price has shed more than 3% during the…
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Bitcoin and Ethereum Try to Recover, ATOM Moves Higher

  Bitcoin price extended decline below the USD 42,000 support zone. BTC even spiked below the USD 41,000 level before recovering. It is currently (11:56 UTC) trading above USD 41,800. Similarly, most major altcoins are trying to recover. ETH spiked below USD 2,700 before returning above USD 2,750. XRP is nearing USD 0.75 again while…
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Bitcoin and Ethereum Keep Trimming Gains, OKB and WAVES Inch Higher

  Bitcoin price failed to stay in the positive zone above USD 43,200 and traded below the USD 42,000 support. It is currently (04:18 UTC) down almost 5% and is showing bearish signs below USD 41,500. Similarly, most major altcoins are in the red zone. ETH is down 6% and there was a break below…
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Bitcoin and Ethereum Consolidate, OKB Jumps

  Bitcoin price started a downside correction after it failed to surpass the USD 45,000 resistance. BTC declined below USD 44,000 and USD 43,500. It is currently (11:58 UTC) showing a few bearish signs and might decline below USD 43,000. Similarly, most major altcoins are correcting gains. ETH traded below the USD 2,920 level. XRP…
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Bitcoin and Ethereum Continue to Fail Near Highs, ATOM and ZEC Jump

  Bitcoin price attempted an upside break above the USD 45,000 resistance. BTC spiked above USD 45,200, but it faced sellers near USD 45,350 and is now down 2% in a day. It is currently (04:17 UTC) trading below USD 43,500, with a key support at USD 43,000. Similarly, most major altcoins are also facing…
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Phillips Auction Featuring Basquiat Painting Worth $70M to Accept Bitcoin, Ethereum Payments

On May 18, the auction house Phillips will be hosting an evening sale featuring the work of the American artist Jean-Michel Basquiat. Phillips’ Evening Sale of 20th Century & Contemporary Art will auction Basquiat’s “Untitled, 1982” piece worth an estimated $70 million. According to the announcement, Phillips has revealed the auction will accept ethereum or…
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Bitcoin and Ethereum Consolidate, SOL Inches Higher

  Bitcoin price made another attempt to clear the USD 45,000 resistance. BTC failed to gain momentum and is currently (11:58 UTC) consolidating gains above USD 44,100. If there is a downside correction, the price might test USD 43,200. Similarly, most major altcoins are stuck in a range. ETH is now attempting an important close…
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Bitcoin, Ethereum Technical Analysis: BTC Surge Stalls at Key Resistance Level

Following Tuesday’s price surge, bitcoin was trading lower during today’s session, as markets hit a key resistance point. This comes as ETH was once again trading below the $3,000 level. As of writing, the crypto market cap is down 1.87%. Bitcoin BTC bulls ran into a stumbling block on Wednesday, as traders appeared to once…
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Bitcoin and Ethereum Protect Gains, NEAR and RUNE Rally

  Bitcoin price remained supported above the USD 43,500 level and climbed above USD 44,500 before correcting lower again. It is currently (04:25 UTC) consolidating gains near USD 44,888 and is up almost 3% in a day. Similarly, most major altcoins are also facing hurdles. ETH broke an important resistance near USD 3,000 again and…
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Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades

According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the sixth most traded pair with tether and tether’s fourth most traded fiat-denominated pair globally excluding two crypto assets. Report Highlights Russian Rubles Pouring Into Tether,…
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