Bitcoin (BTC)

Bitcoin price started a fresh decline below the $20,000 zone against the US Dollar. The price is now trading below $20,000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $19,550 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair remains at a risk of more losses below the $18,500 level in the near term. Bitcoin price is struggling below $20,000 against the US Dollar. BTC might extend...

The Texas-based cryptocurrency mining firm – Core Scientific – produced 1,334 BTC in August and sold 1,125 BTC of that stash for approximately $25.9 million. In June this year, when the crypto market and bitcoin particularly dipped to record lows in years, Core Scientific parted with over 7,000 BTC for around $167 million. One of the leading crypto mining companies announced that August had been a highly successful month for the firm. In the past four weeks, it increased its...

The love affair between Elon Musk and Dogecoin is continuing. Despite falling crypto prices and a market that’s never appeared more uncertain, Musk has emerged in recent days to say Dogecoin is the only digital currency that’s truly worth anything and that the coin doesn’t take itself “too seriously.” He also praised its “transactional output.” Elon Musk and Dogecoin: A Match Made in Digital Heaven Musk has been much fairer to Doge than he has to assets like bitcoin, for...

Es gab in der Vergangenheit schon auf diversen Cryptobörsen einen Freeze, der Auszahlungen mit bestimmten Cryptocoins unmöglich machte. Doch die Gefahr, dass die Konten eingefroren werden, gibt es auch bei Mining Pools, wie der Fall „Poolin“ zuletzt zeigte. Crypto News: Mining Pool friert Bitcoin und Ethereum einPoolin gab an, dass derzeit Liquiditätsprobleme bestehen, da es einen Anstieg bei den Auszahlungsanforderungen gibt – die Hashrate des Pools fiel um 30 – 40 Prozent. Darauf fror der...

For the first time in roughly 10 days, one of the wallets associated with the troubled cryptocurrency hedge fund, Three Arrows Capital, has moved some funds. On-chain data reveals that the address removed $33 million worth of stETH (staked ETH) from the Curve liquidity pool, alongside roughly $2 million worth of BTC. Data from Etherscan reveals that an address associated with Three Arrows Capital has removed some $33 million (20,945 stETH) from the Curve Liquidity Farming...

Ethereum has resumed its upward trajectory in recent days. This happened after the bears failed to push the price below the support level of $1,420. The positivity is also highlighted by the fact that Ethereum is trading at its highest price against Bitcoin since December 2021. Technical Analysis By Grizzly The Daily Chart At the end of August, the bears managed to retrace the July gains and pushed the price towards the 61.8% Fib level, which lies at $1,420. The important...

Sam Bankman-Fried – crypto billionaire and head executive of FTX, one of the largest (and newest) digital currency platforms in the world – is spending millions of dollars on this year’s midterm elections. He has stated in recent interviews that he expects to spend more than $100 million, though people shouldn’t be surprised if he spends up to a billion. Sam Bankman-Fried: How Much Will He Spend? At the time of writing, Bankman-Fried has a net worth estimated to exceed...

ADA price started a fresh increase above the $0.45 resistance against the US Dollar. The price is now trading above $0.47 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.480 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it stays above the $0.480 support zone. Cardano price is showing positive signs above $0.480 against the US Dollar, similar to bitcoin. ADA price could...

North Korea and the United States are once again going at each other’s throats in the name of cryptocurrency activity. This time, it looks like the U.S. has put sanctions in place against North Korea-based crypto mixer Tornado Cash, which at the time of writing, is alleged to have laundered more than $7 billion in digital funds. North Korea Has Been Using Tornado for the Wrong Reasons North Korea has long been the subject of crypto speculation amongst North American...

Despite what appears to be an ongoing hatred for bitcoin and endless attempts to rid itself of the world’s number one digital currency by market cap, China still holds a rather strong position in the crypto market. China Still Hosts a Lot of Mining Just over a year ago, China shocked the world by announcing that it was going to end all bitcoin and crypto mining operations within its borders and it declared the process of extracting units from the blockchain illegal. The...