Tag Archives: BTCEUR

Last week was significantly more eventful within and outside the cryptocurrency industry, with the CPI numbers showing declining inflation rates in the States, while Ethereum underwent its most notable upgrade since the Merge. Consequently, the entire market reacted positively, with BTC spiking to $31,000 to chart a 10-month peak, while ETH skyrocketed to above $2,100 and painted its highest price point in 11 months. This week began with less volatility, but the landscape...

Robert Kiyosaki, an accomplished American investor, businessman, motivational speaker, and author of the bestselling book “Rich Dad, Poor Dad,” recently expressed his admiration for Bitcoin (BTC) and lauded its ability to withstand the test of time. According to Kiyosaki, the success of Bitcoin can be attributed to its decentralized nature, as it is driven by the people rather than the Federal Reserve Board or the US government for support. Here’s Why Kiyosaki Loves Bitcoin...

Bitcoin’s price drops continued in the past 24 hours, with the asset falling below $28,000 for the first time since April 9. The altcoins are also deep in the red. The total market cap has lost almost $90 billion in the past two days. BTC Slides Under $28K Bitcoin was trading sideways during the weekend, and it wasn’t until Tuesday that it finally made a move, dropping by a grand to $29,100. However, the bulls quickly intercepted the move and pushed the asset north, which...

Robert F. Kennedy Jr – the nephew of former President John F. Kennedy – officially announced his candidacy for President of the States. He will run for the Democratic nomination, attempting to prevail over the current leader of the USA – Joe Biden. Kennedy has presented himself as a supporter of Bitcoin, claiming it could offer people an “escape route” amid the financial turbulence caused by the Federal Reserve’s actions. A BTC Fan Running for a President The 69-year-old...

Several public Bitcoin miners were on the brink of bankruptcy at the end of last year. But the latest rally in the market infused a sense of careful optimism into the Bitcoin mining sector, resulting in massive gains for most associated stocks. Bitcoin Mining Stocks for the Win As Bitcoin miners slowly escape the incessant bear trap, stocks related to the sector are now seeing a notable resurgence. According to BTC mining expert Jaran Mellerud, bitcoin mining stocks have...

Bitcoin’s price has experienced a significant surge in recent months, surpassing several resistance levels. However, the current trend seems to be losing momentum, with the cryptocurrency experiencing difficulty in claiming the crucial resistance zone of $30K. Technical Analysis By Shayan The Daily Chart The price has broken out of its narrow consolidation range near $28K and is now aggressively attempting to breach the crucial resistance level at $30K. This level holds both...

Prominent derivatives marketplace Chicago Mercantile Exchange (CME) Group has announced adding daily expirations for Bitcoin (BTC) and Ether (ETH) futures options contracts. Pending regulatory review, the two new additions will have expirations Mondays through Fridays. Bitcoin and Ether Daily Expiries According to the official press release, CME Group will offer new expiries for options on Bitcoin and Ether futures, with expirations available every day of the business week...

The US government has been very critical of the crypto space, especially over the past few months. Its upcoming actions could trigger potential sell pressure in the near future, even as investors currently do not exhibit any bearish behavior. Prominent analytic firm, CryptoQuant, has identified four important dates – 26 May 2023, 7 August 2023, 19 October 2023, and 30 December 2023 – as there may be extra selling pressure from the United States government’s Bitcoin holdings...

The US-based cryptocurrency miner – CleanSpark – purchased 45,000 units of the Antminer S19 XP BTC mining machines for $144.9 million.  The current computing power of CleanSpark is 6.7 EH/s, while the installation of the new equipment is expected to push it to 13 EH/s.  Preparing for the Halving According to the deal, the manufacturer will distribute 25,000 units in August, while the remaining 20,000 should arrive in September. CleanSpark plans to deploy all of them at its...

With the lower trading volumes during the weekend, bitcoin has stalled around $30,000 but still remains above that level. Most altcoins are also sitting quietly, with ETH standing at $2,100. INJ, however, has skyrocketed on a weekly basis. BTC Stalls at $30K The past week was quite eventful for the primary cryptocurrency, despite its sluggish start. BTC remained at $28,000 on Monday, similar to the previous weekend, but the landscape started to change as the day progressed....