BTC miner CleanSpark on the hunt for further crypto miner fire sales
The mining firm is not fearful of the bear market and plans to “pick off infrastructure and assets at good deals” this year. Go to Source Powered by WPeMatico
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Bitcoin, Ethereum Technical Analysis: BTC Moves Below $23,000 as Market Volatility Heightens
Bitcoin dropped to a two-week low on Feb. 9, with prices falling below the $23,000 mark after a brief rally on Wednesday. Cryptocurrencies moved lower across the board, as uncertainty surrounding the state of the global economy impacted investor confidence. Ethereum also slipped, following a move towards $1,700 during yesterday’s session. Bitcoin Bitcoin (BTC) slipped … Read more
Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Days
Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 to $1.704 per transaction. The rise in onchain fees coincides with the new Ordinals digital collectible trend on the network, with the number of inscriptions nearing 20,000. Rising Transaction … Read more
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,700, Fed Prepared to Maintain Rate Hikes
Ethereum closed in on the $1,700 level on Wednesday, as markets reacted to comments from U.S. Federal Reserve Chair Jerome Powell. Speaking after Tuesday’s session, Powell hinted that the Fed could continue to hike rates, should the data show the need for action. Bitcoin was also boosted by the news, climbing back into the $23,000 … Read more
Happy Bitcoin anniversary, Tesla — Elon Musk firm still hodls 9.7K BTC
Bitcoin exposure may be down 77.5%, but Tesla still has the third-largest BTC holdings of a publicly listed company. Go to Source Powered by WPeMatico
DCG offloads Grayscale shares to raise capital: Report
The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Rebounds, as Bulls Reject Breakout of Key Support Level
Bitcoin was trading in the green on Feb. 7, as prices rebounded following a near collision with a key support point. Bulls have so far rejected this move towards $22,500 and instead pushed prices higher. Ethereum also rallied, with prices continuing to trade above $1,600. Bitcoin Bitcoin (BTC) rebounded from Monday’s lows in today’s session, … Read more
Former Bitcoin Dev Gavin Andresen Revises 2016 Blog Post, Calls Trust in Craig Wright a ‘Mistake’
During the first week of Feb. 2023, the United Kingdom Court of Appeal overturned a High Court decision from March 2022 in the case of Craig Wright’s Tulip Trading Limited (TTL) vs. 16 cryptocurrency developers. The case will proceed to trial as Wright, who claims to be Satoshi Nakamoto, stated his team was “delighted” with … Read more
Bitcoin, Ethereum Technical Analysis: BTC Hits 1-Week Low, Bullish Sentiment Fades on Monday
Bitcoin fell to a seven-day low to start the week, as recent bullish momentum began to wear off in cryptocurrency markets. Friday’s stronger than expected U.S. non-farm payrolls report has made some question the Federal Reserve’s view that inflation has peaked. Ethereum also declined on Monday, however, it remained above $1,600. Bitcoin Bitcoin (BTC) started … Read more
Bitcoin, Ethereum Technical Analysis: ETH Remains Near $1,700 to Start the Weekend
Ethereum continued to trade close to a key resistance level of $1,700 on Saturday, following Friday’s U.S. non-farm payrolls (NFP) report. Yesterday’s report showed that 517,000 jobs were added to the U.S. economy in January, better than the 185,000 many were expecting. Bitcoin mostly consolidated however, as traders moved to take recent profits. Bitcoin Bitcoin … Read more