Bitcoin News / Google News Bitcoin - 2 years ago
According to Fidelity’s Jurrien Timmer, Bitcoin is currently undervalued. The benchmark crypto has been pushed back to 2020 levels after losing over 70% of its value in the past months.
Related Reading | Crypto Traders Lose $280 Million Following Bi...
Bitcoin News / Google News Bitcoin - 2 years ago
According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund Three Arrows Capital (3AC). The news was shared in a recent letter to shareholders written by the company...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin Outlook Amid Macro Headwinds
Jul 8, 2022
The Labor Department reported employers added 372,000 jobs in June, while the unemployment rate held steady at 3.6%. Medley Global Advisors Managing Director Ben Emons discusses what this means for...
Bitcoin News / Google News Bitcoin - 2 years ago
Source: AdobeStock / Couperfield
Bitcoin (BTC) finally outperformed gold by a wide margin this week, after a long period where gold has performed significantly better than its digital cousin.
The outperformance of gold by bitcoin came during wh...
Bitcoin News / Google News Bitcoin - 2 years ago
Cardano price has fallen below the 21-day simple moving average.
ADA price shows bearish volume on intra-hour time frames.
Invalidation of the downtrend is a breach above $0.50.
Cardano price shows subtle signs of concern. It is not the best digit...
Bitcoin News / Google News Bitcoin - 2 years ago
Developer Gloria Zhao has become the first known woman to join the select cohort of Bitcoin Core maintainers.
Bitcoin Core maintainers have commit permissions to the repository and are responsible for merging contributions from other developers onto...
Bitcoin News / Google News Bitcoin - 2 years ago
Riot Blockchain Inc RIOT shares are trading higher by 2.40% to $5.40 Friday afternoon. Shares of cryptocurrency miners, including Riot Blockchain, are trading higher in recent sessions as the broader cryptocurrency sector rebounds. Broader economic...
Bitcoin News / Google News Bitcoin - 2 years ago
Data shows the Bitcoin Coinbase premium gap has surged up to positive values, suggesting that buying from investors on the exchange could be behind the pump to $22k.
Bitcoin Coinbase Premium Gap Observes Sharp Rise To Positive Values
As pointed out...
Bitcoin News / Google News Bitcoin - 2 years ago
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CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at wh...
Bitcoin News / Google News Bitcoin - 2 years ago
According to a new report, U.S. president Joe Biden and his administration are focused on proof-of-work (PoW) mining. The principal assistant director for energy for the White House Office of Science and Technology Policy (OSTP) discussed the r...
Bitcoin News / Google News Bitcoin - 2 years ago
Alex Dovbnya
Fidelity's Timmer says Bitcoin's valuation has fallen to the 2013 level
Jurrien Timmer, director of global macro at Fidelity, claims that Bitcoin is “cheap” in a recent Twitter thread.The executive has pointed to the fact that Bitcoin...
Bitcoin News / Google News Bitcoin - 2 years ago
Senior Bloomberg analyst Mike McGlone is forecasting a risk vs reward reversal for Bitcoin (BTC) and the crypto markets.
McGlone says BTC could either be one of the strongest rising markets ever during the second half of the fiscal year or end up be...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin Price Outlook for July — Traders Remain Concerned About Upcoming Fed Rate Hike and Bankrupt Crypto Firms – Market Updates Bitcoin News& & Bitcoin News
Bitcoin News / Google News Bitcoin - 2 years ago
Those of us anxiously awaiting a summer relief rally for Bitcoin (BTC) may have to wait a little while longer. The bear market is still cleansing us of our excess — and revealing the most toxic players in our industry. I’ve talked to you about Terra...
Bitcoin News / Google News Bitcoin - 2 years ago
BT Series/iStock via Getty Images
It's starting to seem like the long-term support level for Bitcoin (BTC-USD) might just be zero. But Bitcoin HODLers remain undeterred by this year's cryptocurrency rout. For them, the current crypto winter must...
Bitcoin News / Google News Bitcoin - 2 years ago
Over the last several months, the market has watched bitcoin miner profitability plummet to new lows. These miners who are dependent on the BTC gotten from their mining activities have found themselves in a tight spot as the price of bitcoin has suf...
Bitcoin News / Google News Bitcoin - 2 years ago
Tether today announced that it has liquidated a loan to crypto lending firm Celsius.
The stablecoin issuer did not specify the dollar value of the loan but said that it managed to settle up with the embattled crypto lender without incurring any loss...
Bitcoin News / Google News Bitcoin - 2 years ago
According to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider Broad Reach Power LLC. Broad Reach Power plans to supply battery power to Lancium’s Fort Stockton-based 25-meg...
Bitcoin News / Google News Bitcoin - 2 years ago
As the week draws to a close, there have been some interesting turns in the price of bitcoin. The digital asset which had been struggling to hold the $20,000 had finally broken out of this funk and was able to make a rally to the mid $22,000s. This...
Bitcoin News / Google News Bitcoin - 2 years ago
With the cryptocurrency market developing, and growing interest in digital currencies, some countries in the Middle East are demonstrating optimism in expanding crypto adoption. The Hereditary Prince of Serbia and Yugoslavia, Prince Philip, opine...
Bitcoin News / Google News Bitcoin - 2 years ago
What happened: A Bitcoin BTC/USD whale just sent $70,019,651 worth of Bitcoin off Coinbase.
The BTC address associated with this transaction has been identified as: 15paXDkamtVccJ7NTDQDKbdZbqDyB9Bchu.
Why it matters: Bitcoin "Whales" (investors who...
Bitcoin News / Google News Bitcoin - 2 years ago
This is an opinion editorial by Chris Smith, the Events Ticketing Manager for BTC Inc. Disclaimer: BTC Inc. is the parent company of Bitcoin Magazine and the Bitcoin Conference.
The Bitcoin Conference is an annual tradition, a week-long extravaganza...