Sentiment and inflation: Factors putting pressure on Bitcoin price
Bitcoin prices are besieged by a multitude of factors, and the cryptocurrency is struggling to breach the $25,000 mark. Go to Source Powered by WPeMatico
Month: July 2022
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,400 Support, BTC Hits $21,000 Prior to Federal Reserve Meeting
Ethereum fell below its recent floor of $1,500 earlier in today’s session, as bearish pressure intensified in crypto markets. Uncertainty in the market has heightened today, as traders prepare for yet another rate hike from the Fed. Bitcoin was also lower for a second consecutive day, as prices were on the cusp of falling under … Read more
Solana said to be ‘more decentralized than people think,’ but there’s more
Unstoppable Finance argued that Solana’s validator count and Nakamoto coefficient are higher than other blockchains, making it more decentralized. Go to Source Powered by WPeMatico
Texas a Bitcoin ‘hot spot’ even as heat waves affect crypto miners
Extreme heat won’t stop miners from setting up operations in Texas, but more sustainable practices may be required. Go to Source Powered by WPeMatico
Bitcoin Price Struggles to Hold Above $21K, Global Crypto Market Cap Falls Below $1 Trillion
After an excellent performance last week, with Bitcoin and Ethereum prices showing double-digit price growth, cryptocurrency markets are facing mounting bearish momentum this Tuesday, with Bitcoin’s price struggling to hold current support levels of $21k. Ethereum shows increased volatility with even more substantial price declines of 8% in the past 24 hours. What’s causing the … Read more
TikTok data policy debacle: Is user’s crypto at risk?
Could data security concerns raised over TikTok’s operations in America put cryptocurrency users’ coins at risk? Go to Source Powered by WPeMatico
Bitcoin mining to harness onsite natural gas emissions: Ark Invest
A new report reveals an angle for sustainability in Bitcoin mining through harnessing onsite natural gas emissions. Go to Source Powered by WPeMatico
Two-thirds open to a Web3 career for its potential and flexibility: Survey
The report “Journey Into Web3” showed that 64% of participants are interested in exploring Web3 career opportunities. Go to Source Powered by WPeMatico
Solana eyes 40% jump in August despite long-term bearish signals
The bear flag setup for SOL price could result in another interim relief rally amid macro headwinds. Go to Source Powered by WPeMatico
Official explains why China CBDC should not be as anonymous as cash
While cash is associated with more anonymity, it’s still less mobile and easy to use in large amounts than a digital currency, China’s CBDC project lead Mu Changchun said. Go to Source Powered by WPeMatico
