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After showing signs of life on Monday, Bitcoin and Ethereum’s prices stagnate with little movement over the past 24 hours. The good news is that the trading volume for both BTC and ETH remains relatively high, which could suggest a potential upcoming bull run later in the week. Let’s look at relevant news affecting markets … Read more
According to a recent report published by the Cambridge Centre for Alternative Finance (CCAF), bitcoin mining worldwide accounts for around 0.10% of global greenhouse gas (GHG) emissions or 48.35 million tons of carbon dioxide per annum. Moreover, CCAF’s report details that “Bitcoin’s environmental footprint is more nuanced and complex” and because of complexity issues it … Read more
Bitcoin fails to avoid returning back under $20,000 after local highs prove too much to sustain. Go to Source Powered by WPeMatico
Doom and gloom for some British pound investors is neatly avoided with a Bitcoin flight. Go to Source Powered by WPeMatico
Following a turbulent start to the week, bitcoin was back in the green on Tuesday, as the token climbed back above $20,000. The move saw prices race to their highest point in nearly two weeks, moving past a key resistance level in the process. Ethereum was also trading higher, as it neared the $1,400 level. … Read more
BTC price action in 2022 is being accompanied by seriously old coins leaving hibernation after ten years or more. Go to Source Powered by WPeMatico
A classic snap of sideways trading action sees the Bitcoin price aim higher, but concerns remain over what happens next. Go to Source Powered by WPeMatico
Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater for a total of 577 consecutive days. GBTC Discount to NAV Widens by 35% — Fund Reaches an All-Time Low Against BTC … Read more
Bitcoin and altcoins appear to be ignoring the headline of the U.S. dollar index soaring to a 20-year high as the British pound plummets to a record-low against DXY. Go to Source Powered by WPeMatico
It’s still all about the U.S. dollar this week as the monthly close and options expiry loom for Bitcoin. Go to Source Powered by WPeMatico