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Bitcoin was trading close to $20,000 to start the weekend, as traders reacted to comments from U.S. Fed Chair Jerome Powell during Friday’s Jackson Hole summit. Powell warned that “there will be some pain ahead,” as the Fed attempts to bring the rate of inflation down. Ethereum was below $1,500 on Saturday. Bitcoin Bitcoin (BTC) … Read more
Risk assets take a major blow as Fed Chair Jerome Powell stays firmly hawkish on inflation and monetary policy. Go to Source Powered by WPeMatico
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy is suing the rival firm Alkane Midstream LLC over alleged patent infringement and poaching customers in Colorado. Crusoe’s lawsuit claims since November 2019, “Alkane was actively monitoring Crusoe and its business.” Crypto Flare Mitigation Company Crusoe Files a Lawsuit Against the Texas-Based Alkane Midstream Gas-to-bitcoin flare mitigation company … Read more
Bitcoin and altcoins followed stocks lower after hawkish statements from the Federal Reserve confirmed that the central bank remains serious about reducing inflation. Go to Source Powered by WPeMatico
While bitcoin prices hover just below the $22K mark, the leading crypto asset has still shed more than 9% against the U.S. dollar during the last two weeks. Despite the lower prices, Bitcoin’s hashrate has jumped significantly in recent times and block intervals have sped up a great deal. The trend suggests that when the … Read more
Did you know that over 500 Ethereum presale wallets are yet to be recovered… and collectively, they have a value of several billion dollars? Go to Source Powered by WPeMatico
A swift leg-up for BTC price action nonetheless fails to crack the week-long trading range so far. Go to Source Powered by WPeMatico
Bitcoin has closed its previous five months of September in losses and could suffer similar pains if history repeats. Go to Source Powered by WPeMatico
Bitcoin fell lower on Friday, as the token slipped below a key resistance level during today’s session. Following a mini rally in price this week, bitcoin bears returned to action, as volatility in the market increased. Ethereum was also lower, falling back below $1,700. Bitcoin Following a mini rally this week, bitcoin (BTC), was back … Read more
After trading at the $21k range throughout the week, Bitcoin price continues its sideways price action this Friday. Managing to remain at the same range over the past seven days, BTC will likely continue to hold support until next week, when the market could decide its next move. Ethereum was also trading sideways this week … Read more