Tag: BTC

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Bitcoin Dominance Slides Below 40% for First Time in 6 Months

During the last week, the price of bitcoin has been hovering below the $60K range and digital currency advocates are wondering which way the market is headed next. At the time of writing, the crypto economy is valued at $2.81 trillion and bitcoin’s market dominance has sunk below the 40% region for several days now.…
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Bitcoin and Ethereum Move Higher, BNB Rallies

Bitcoin price started a steady recovery wave from the USD 55,500 support level. BTC broke the USD 57,500 and USD 58,000 resistance levels. It is currently (11:54 UTC) rising and there are chances of further gains above USD 58,500. Besides, most major altcoins are also moving higher. ETH broke the USD 4,320 and USD 4,350…
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Bitcoin and Ethereum Try to Recover, SAND Doubles in a Week

Bitcoin price is trading well above the USD 55,500 support level. BTC is rising and is currently (04:41 UTC) trading near USD 57,500. A close above USD 58,000 could open the doors for a steady recovery wave in the near term. Besides, most major altcoins are showing positive signs. ETH is back above USD 4,250…
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Bitcoin Stuck Below USD 57K, Ethereum Inches Higher, SAND & ZEC Rally

Bitcoin price is still facing many hurdles below the USD 58,000 resistance zone. BTC is currently (12:00 PM UTC) consolidating above the USD 55,500 support. A close below this level may possibly spark a sharper decline. Besides, most major altcoins are stuck in a range. ETH is rising towards the USD 4,350 resistance zone. XRP…
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Major League Soccer Star Kieran Gibbs Reveals Plans to Convert 50% of His Salary Into Bitcoin

The Inter-Miami CF (IMCF) Major League Soccer (MLS) star Kieran Gibbs has announced the player plans to convert half of his salary into bitcoin. Gibbs will leverage the crypto finance firm XBTO in order to convert his salary and avoid heavy fees. Inter-Miami CF’s Left-Back Kieran Gibbs to Get Half of His Earnings Converted to…
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Bitcoin Remains At Risk, Ethereum, Small Altcoins Try to Recover

Bitcoin price failed to gain pace above the USD 58,000 resistance zone. As a result, BTC started a fresh decline and traded below USD 56,500. It is currently (04:31 UTC) back above this level but still showing bearish signs and it could accelerate below USD 56,000…. Read More: Bitcoin Remains At Risk, Ethereum, Small Altcoins…
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Bitcoin and Ethereum Hold Crucial Support, Smaller Altcoins Surge

Bitcoin price is struggling to clear the USD 57,500 and USD 58,000 resistance levels. BTC is currently (11:30 UTC) consolidating near USD 56,000 support. It could either start a steady increase to USD 60,000 or dive below USD 55,500 in the near term…. Read More: Bitcoin and Ethereum Hold Crucial Support, Smaller Altcoins Surge  Read…
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Bitcoin and Ethereum Struggle, SAND and EGLD Rally

Bitcoin price attempted recovery wave above the USD 58,000 level. However, BTC failed to gain strength and struggled above USD 58,500. As a result, there was a fresh bearish reaction, and the price is currently (04:58 UTC) trading below USD 57,000. Besides, most major altcoins are showing bearish signs. ETH is trading below USD 4,200…
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This Singapore tech company says its recycling 90% of waste heat from Bitcoin mining

The green Bitcoin mining operator is also en-route to list on the NASDAQ exchange via a SPAC merger. It takes a lot of energy for miners to verify transactions and mint new blocks on the Bitcoin (BTC) blockchain. According to Statistica, one Bitcoin transaction consumes as much electricity as over 1 million VISA transactions. Moreover,…
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Bitcoin and Ethereum Remain At Risk, EGLD Rallies

Bitcoin price started a fresh decline below USD 58,500. BTC even broke the USD 57,500 support, and it is currently (12:04 PM UTC) consolidating losses. To start a fresh increase, it must clear USD 58,500 and USD 60,000. Besides, most major altcoins are struggling to start a recovery wave. ETH traded below USD 4,250, but…
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