News about BITCOIN

News about Bitcoin

Is The Bitcoin Price Bottom In? Here’s What Hash Ribbons Tell Us

Hash Ribbons Spot The Bitcoin Price Bottom - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights...

Bears Refuse To Budge As Bitcoin Struggles To Reclaim $20,000

Bitcoin has been taking hit after hit from bears who want to see the price of the digital asset crumble to its lowest point. This has led to struggles on the part of bitcoin to keep up its price. However, with so many events working against the cryp...

3 reasons why Bitcoin is struggling to flip $20K to support - Cointelegraph

The positive gains recorded in the first ten days of July have all but disappeared on July 13 as Bitcoin (BTC) and the wider market slid back toward new yearly lows. Subdued action in the market can be traced back to a variety of factors, ranging fr...

Michael Saylor Discloses Real Value of Bitcoin Despite Record Inflation - U.Today

Gamza Khanzadaev MicroStrategy’s CEO continues to endorse BTC amid bad inflation report The main subject of discussion on financial markets, and in crypto in particular, was the record U.S. inflation, which reached an all-time high and triggered a...

Anonymous Bitcoin Whale Just Moved $71M Worth Of BTC Off Coinbase - Benzinga

What happened: A Bitcoin BTC/USD whale just sent $71,594,378 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1PQYR8oJhBV8fSkqHyTCxzqLfd2Z5Btnzy. Why it matters: Bitcoin "Whales" (investors who...

Here's Bitcoin's Only Path to $300,000 - The Motley Fool

As the S&P 500 just had its worst first-half performance of any year since 1970, the cryptocurrency market has also fallen off a cliff. After approaching a total value of nearly $3 trillion last November, the entire market is now worth just $888...

Bitcoin is facing an 'enormous amount of systemic risk', says billionaire venture capitalist - Finbold - Finance in Bold

Chamath Palihapitiya, the founder and CEO of venture capital firm Social Capital, has warned that Bitcoin is facing an enormous systemic risk that might turn consequential in future. Palihapitiya stated that the risks are a result of several...

A large bitcoin ETF is on sale, but that's not a good thing - Axios

In the case of Grayscale's $12 billion Bitcoin Trust, what's on sale is not necessarily a deal. Shares of the largest bitcoin investment vehicle in the world are trading at a discount to the underlying assets (bitcoin) that they represent. That d...

Biggest Movers: QNT Close to 2-Month High Despite Recent Declines, NEAR Moves Toward 1-Year Low – Market Updates Bitcoin News - Bitcoin News

QNT was trading close to recent highs on Wednesday, as prices were battling through a turbulent session. The token was mainly in the green on hump day, falling by as much 7% on the day. NEAR also declined, with prices heading toward a one-year...

Cost of Producing Bitcoin Dropped to around $13,000, says JPMorgan

The cost of producing Bitcoin has gone negative as it dropped from about $24,000 at the start of June to around $13,000 now, according to JPMorgan Chase & Co. Bloomberg reported, citing a note from the Cambridge Bitcoin Electricity Consumption...

Texas bitcoin miners halt operations to save energy during heat wave - New York Post

Bitcoin miners in Texas have suspended operations and answered the call to conserve energy and spare the Lone Star State’s fragile power grid as demand has soared during an intense heat wave. Companies who engage in industrial scale crypto-mining...

Buying Bitcoin at the "best time" is like buying Christmas presents for everyone in the summer.

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, compa...

What Will Bitcoin do During Economic Turbulence?

Where does bitcoin go from here, is a question currently being asked with regard to its precipitous drop, the possibility of a bear market bottom forming, or alternatively, another leg down still to come. Looking further ahead, there are questions a...

Inflation Hits New 40-Year High, Will Bitcoin And Ethereum Plummet Again?

Bitcoin and Ethereum have reacted negatively to the Consumer Price Index (CPI) print in the United States. The metric is used to measure inflation in the U.S. dollar and hit 9.1% for June which represents an increase from May’s results. Related Read...

Longtime Bitcoin bull Anthony Pompliano launches crypto hiring firm Inflection Points with $12.6M raise - TechCrunch

Over the past 18 months, Inflection Points has been working in stealth mode to build out a crypto-focused employment and corporate training business and just secured $12.6 million in funding. The firm was founded by Colton Sakamoto and longtime cry...

Bitcoin Can Now Be Bought at Over 175,000 ATMs as Hyosung America Adds Crypto Functionality

Bitcoin is NOT an Inflation Hedge

Bitcoin is a hedge against monetary debasement (money printing). Bitcoin is unaffected by and cannot hedge against supply/demand shocks in market goods or other commodities. Price volatility is heavily driven by Wall Street and retail speculators. B...

Brewing Emerging Market Debt Crises - Bitcoin Magazine

Brewing Emerging Market Debt Crises - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights...

Bitcoin Can Now Be Bought at Over 175,000 ATMs as Hyosung America Adds Crypto Functionality - U.Today

Tomiwabold Olajide ATM provider Hyosung America to add cryptocurrency services to 175,000 ATMs and AppStore Bitcoin can now be bought at over 175,000 ATMs as Hyosung America adds cryptocurrency services to its forthcoming app store. The largest ma...

Bitcoin Will Reach ATH In Next 24 Months, Coinshares CSO Predicts | Bitcoinist.com - Bitcoinist

Bitcoin Will Reach ATH In Next 24 Months, Coinshares CSO Predicts | Bitcoinist.com& & Bitcoinist

Bitcoin Will Reach ATH In Next 24 Months, Coinshares CSO Predicts

Bitcoin (BTC) may have seen the worst of this bear market, with the main cryptocurrency plummeting about 70 percent from its all-time high in November 2021. However, industry experts remain hopeful and see a price recovery for the cryptocurrency mark...

What Are The Different Types of Bitcoin Nodes? How the Bitcoin Network is Maintained - Decrypt

Without Bitcoin nodes, Bitcoin as we know it would only be a concept known by a few computer scientists. Bitcoin nodes are the underlying infrastructure of the Bitcoin network, securing and maintaining it. But despite their importance, Bitcoin...

Inflation Surges Again in June, Bitcoin Slides, Stocks Open Lower - Blockworks

Annual inflation hit 9.1% in June, surpassing analysts’ expectations yet again Core CPI reached 5.9%, also coming in hotter than expected Annual inflation rose again in June, surpassing analyst expectations to reach 9.1%, the highest level since...

Social Dominance Rate Of Bitcoin Marks An All-Time High in 2022

With the recent trend in the crypto market, the world-leading digital asset seems to be getting attention. From the general price fall for all crypto tokens, Bitcoin is one of the assets that has seen a drastic cut in its value. BTC has plunged by o...

Social Dominance Rate Of Bitcoin Marks An All-Time High in 2022 - NewsBTC

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