$8K dive or $22K rebound? Bitcoin traders anticipate Q1 BTC price action
Anything could happen in the coming weeks and months when Bitcoin attempts to break out of its post-FTX trading range. Go to Source Powered by WPeMatico
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2 Bitcoin Mining Pools Command More Than 53% of BTC’s Total Hashrate
Bitcoin’s hashrate has jumped from the low 170 exahash per second (EH/s) recorded this week, to above the 300 exahash range after a number of bitcoin mining operations from Texas temporarily went offline on Dec. 25, 2022. Furthermore, three-day hashrate distribution statistics recorded on Dec. 29, 2022 indicate that two mining pools command more than … Read more
Chinese Communist Party official pleads guilty to helping Bitcoin miners
Xiao Yi, Communist Party Secretary of the City of Fuzhou, financially aided Bitcoin miners between 2017 and 2021. Go to Source Powered by WPeMatico
BTC price preserves $16.5K, but funding rates raise risk of new Bitcoin lows
Bitcoin is fooling no one with its current behavior, with bearish takes everywhere and the yearly close just two days away. Go to Source Powered by WPeMatico
Report: Central African Republic Postpones Sango Coin Listing
The Central African Republic’s plan to list the sango coin in the last quarter of 2022 has been put on hold, while the scheduled unlocking of 5% of token holders’ portfolios has similarly been postponed, a statement from the team promoting the token has reportedly said. The decision to delay the listing of the coin … Read more
Bitcoin price would surge past $600K if ‘hardest asset’ matches gold
The coming decade could be Bitcoin’s time to copy gold’s 1970s breakouts, says Capriole Investments. Go to Source Powered by WPeMatico
Onchain Sleuths Discover Funds Linked to Alameda Swapped for ETH, USDT, BTC by a Mysterious Entity
On Dec. 27, 2022, a number of onchain researchers noticed that funds connected to Alameda Research and FTX have moved and have been swapped for other tokens. Reports show the hacker known as the ‘FTX Accounts Drainer,’ traded large sums of ERC20 tokens for digital assets like tether, ethereum, and bitcoin. Funds Tied to Sam … Read more
Bitcoin price bottom not in, data says as whale orders hit 2-year low
A lack of excitement on order books is just one sign that downside volatility could easily resume, says Material Indicators. Go to Source Powered by WPeMatico
Price analysis 12/28: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
Bitcoin and select altcoins have turned down from overhead resistance levels, indicating that bears remain in control. Go to Source Powered by WPeMatico
MicroStrategy adds to Bitcoin stake despite steep loss
The firm’s Bitcoin holdings have declined 45% from their average purchase price of $30,397. Go to Source Powered by WPeMatico