Bookmarking Crypto Insights
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Despite the ongoing bear market, family offices and high-net-worth individuals in Hong Kong and Singapore are keen to invest in crypto or already have holdings. Go to Source Powered by WPeMatico
Amid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading crypto asset bitcoin has been correlated with the well known precious metal gold. Bank of America analysts Alkesh Shah and Andrew Moss noted “that investors may view bitcoin as a … Read more
The electric vehicle maker’s actual BTC losses are far lower with $64 million worth of previously realized profits to offset the decline. Go to Source Powered by WPeMatico
It seems this week will follow the same trend as last week’s price action, where crypto assets trade sideways within a narrow range, with fluctuating volatility throughout the week. Bitcoin is trading at $19k, while Ethereum is in the $1,300 range. As the new week begins, trading volume has more than doubled in the past … Read more
Volatility is closing in, but traders may have to wait until the end of the year if history is to repeat itself, one analyst warns. Go to Source Powered by WPeMatico
On Monday, bitcoin mining rig manufacturer Canaan Inc., announced the launch of the company’s latest high-performance bitcoin miners called the A13 series. Canaan has revealed two models in the A13 series, which feature “improved power efficiency over its predecessors,” and the new models produce an estimated 110 to 130 terahash per second (TH/s). Canaan Launches … Read more
Ethereum remained close to a three week high on Monday, as prices rallied following a turbulent weekend. Bullish sentiment appears to have somewhat returned to crypto markets to start the week, with the market cap trading 1.56% high as of writing. Bitcoin was also in the green in today’s session. Bitcoin Bitcoin (BTC) was trading … Read more
October 2022 has yet to prove itself as analysts predict “wild” Bitcoin price volatility for November. Go to Source Powered by WPeMatico
Bitcoin recorded another mining difficulty rise on Sunday, October 23, 2022, at block height 760,032 rising 3.44% higher. This means that not only is it 3.44% harder to find a bitcoin block subsidy, the network’s mining difficulty has also reached another all-time high (ATH) by tapping 36.84 trillion. Bitcoin’s Mining Difficulty Adjusts Upwards by 3.44%, … Read more
Depending on who you listen to, Bitcoin’s price is headed for either $3,500 or $1 million in the year ahead. Go to Source Powered by WPeMatico