Pablo Hernandez de Cos, governor of the Bank of Spain, has again warned about cryptocurrencies and the growth that the crypto market is experiencing. The governor of the Bank of Spain has warned about the risks of letting the growing cryptocurrency markets mix with traditional financial institutions. Furthermore, Hernandez de Cos explained that the trading […]
The bill passed by the New York State Senate, by a vote of 36 to 27, had been approved by the state’s lower house, the Assembly, last month. Any operation granted approval thereafter would also be subject to an environmental impact study, for the purpose of meeting climate goals established under a 2019 statute. The […]
More so, for BTC/USD to remain above this barrier, it could make many traders feel that the $29,000 support level could be pretty strong. The Bitcoin price could not drop much the cause of today’s trading, but if the first digital coin breaks below the support level of $29,000, it could change the direction of […]
Our team at Gamers Suffice has been analyzing the top bitcoin casinos on the web and the preliminary results are out now. In case you are confused about which online casino to choose among two shortlisted options and both are offering similar bonuses, it’s always wise to stick to the one where the offer is […]
Failure to move back through the pivot would test the First Major Support Level at $29,554. Looking at the EMAs and the 4-hourly candlestick chart , it is a bearish signal. …Read the full story
Ethereum has continued to trend lower over the last few weeks and has in fact underperformed Bitcoin during this period. This week, Solana faced another network outage, pushing the SOL price to fall by more than 85% below its all-time high of $260.06. The token has fallen by over 11% in the past seven days […]
As the calendar neared September 2021, the money printer had slowed and individuals were beginning to tire from the toils of trading a basket of work-from-home stocks. For decades, the Maestro had conducted a seemingly beautiful orchestra, but you can only keep people and financial instruments locked up for so long. One that cannot be […]
Deputies in the parliament of the American state of New York voted to ban new bitcoin mining operations, reports CNBC from Albania, the capital of that country. If it signs the document, New York would become the first country in the United States to ban blockchain technology infrastructure, says Perian Boring, founder and president of […]
The block size wars and the SegWit update “serve as a case in point” to show that “changes can be made,” Faber, senior vice president, Government Affairs at Environmental Working Group , one of the groups spearheading the campaign, told CoinDesk. According to Skar, there are two key questions as to whether the network can […]
You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Riot was originally a medical device maker called Bioptix, but it abandoned that business four years ago and ordered Bitcoin mining equipment. Those transformations were abrupt, but shares of Riot and Marathon skyrocketed as Bitcoin’s price rallied toward […]
The best risk-on asset in the past decade, Bitcoin, is in a process of transition. This process is painful as crypto investors can confirm but could take the benchmark crypto to new highs. In that sense, McGlone argued that Bitcoin and other cryptocurrencies must face the biggest losses as they recorded the largest gains. On […]
“The weekly chart on Bitcoin looks nothing short of horrific and so the trend continuation remains. “I am looking for another drop down to $24000 – $22000, but of course distribution takes time. Commenting on a chart of long-term holders’ Spent Output Profit Ratio , Edris drew comparisons to conditions that preceded generational bottoms in […]
On June 2, Bitcoin.com News reported on the top five mining pools retaining over 71% of Bitcoin’s hashrate during the month of May. Last May, around 1.03% of Bitcoin’s hashrate stemmed from stealth miners and the processing power tapped an ATH on May 2, 2022, at block height 734,577. Roughly two weeks later, Ethereum’s hashrate […]
CNBC highlights that heavyweight cryptocurrency entrepreneurs and some experts have already criticized the possible ban on Bitcoin mining. This is a significant setback for the state and will stifle its future as a leader in technology and global financial services. …Read the full story
Bitcoin’s affair above $30,000 didn’t last long once again, as the asset fell beneath that level rather violently and even dipped to $29,000. In fact, BTC spiked to a multi-week high of $32,400, which gave the community expectations that the worst might be over. Bitcoin tried its hand at $30,000 once again yesterday, and it […]
“I mean if you had a total capitulation, like if you had a pivot in Fed policy and a re-liquefaction of markets, it’s a pretty high volatility asset . …Read the full story
KARACHI: The exchange rate of Bitcoin , in the open exchange market. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. …Read the full story
Internet Computer’s ICP token pared Thursday’s gains and declined by 10% over the past 24 hours, compared with BTC’s flat performance over the same period. Sentiment among crypto traders remains bearish, evidenced by a downtick in the bitcoin Fear & Greed Index over the past few days. In traditional markets, the S&P 500 and Nasdaq […]
Crusoe this week announced the OIA and Mubadala were each part of a $350 million funding round that closed in April. As part of the expansion, the Denver-based miner will initially open an office in Oman’s capital city of Muscat and in Abu Dhabi shortly thereafter. In the flaring process, excess natural gas is burned […]
The world’s most powerful central bank will continue raising interest rates in the future, with the market pricing in a 50 basis point hike in June. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. …Read the […]