“BTC Price Reaches Turning Point, Cardano (ADA) Takes Markets by Storm with Huge Gains!”
Dan Gambardello, founder of Crypto Capital Venture, on Monday said Bitcoin is building upside momentum on the daily chart but a meaningful breakout not going to come without challenges. Meanwhile, a big move is happening in Cardano (ADA) price in 4-hr and weekly timeframes. However, traders still need to track both Bitcoin and Cardano for […]
“Bitcoin Set to Shatter Records: New All-Time High Just Around the Corner!”
Bitcoin (BTC), the premier cryptocurrency, has been finding it difficult to break through the significant $30,000 price level in recent weeks, despite receiving renewed support from factors such as the current banking crisis in the United States. As Bitcoin experiences a lackluster performance, market analysts are closely monitoring its next probable price movement, especially with […]
“Bitcoin Plunges 6% to $25,000: Should You Be Buying the Dip? Monthly Support Breakdown Analyzed!”
The ongoing selling pressure in the cryptocurrency market continues to impact the leading digital currency Bitcoin, causing it to lose further ground. Bitcoin’s price has been falling for seven consecutive days, resulting in an 11.3% weekly loss. Amidst this downturn, the prices breached another critical support level of $27,000, indicating that coin holders may experience […]
Massive Desert-Based Crypto Mines Tap Immersion Cooling for Profitable Bitcoin Extraction in Middle East
A project to build two large-scale cryptocurrency mining facilities is underway in the United Arab Emirates (UAE). The high-tech data centers will rely on an innovative full immersion cooling solution to overcome the challenges posed by the desert climate, which renders traditional air-cooled mining infeasible. Marathon Digital Holdings, a leading U.S.-based crypto mining company, and […]
Jerome Powell Betrays America’s Trust: Will Bitcoin Save the Day?
Rewrite and expand this content to 900 words Bitcoin In an era of wavering faith in economic leadership, the American public’s trust in Jerome Powell, the Federal Reserve’s Chair, is declining. Is this merely a symptom of a volatile economy or a more profound shift in public sentiment toward Bitcoin? As central bank strategies come […]
“Bitcoin Futures OI Plummets to One-Month Low as Decline Persists – What’s Next?”
Bitcoin (BTC) may be experiencing a decline in investor interest as its open interest (OI) in perpetual futures across significant exchanges has been dropping since May 1. Consequently, OI recently fell to a one-month low. Data from Glassnode shows that bitcoin’s OI on leading exchange Bitfinex has dropped to a one-month low of $133.6 million. […]
“Bitcoin Drought: Exchange Supply Plummets to Record 5-Year Low – Grab Yours Now!”
The amount of Bitcoin on exchanges has reached its lowest level since December 2017, which suggests an increased interest in self-custody among traders. A lower supply of the flagship cryptocurrency on trading platforms reduces the potential risk of the coins being sold back on the market, ultimately reducing the available supply and making it easier […]
“Bitcoin’s Dwindling Value: Is Imminent Resistance the Catalyst for Another Price Plunge?”
Bitcoin Price Consolidates Losses, This Resistance Might Trigger Another Drop Bitcoin price has been consolidating losses below $28,200. BTC could potentially start another decline unless there is a clear move above the $28,500 resistance. – Bitcoin is consolidating losses and trading above the $27,000 support. – The price is trading below $28,200 and the 100 […]
Arthur Hayes Forecasts Tumultuous Bitcoin Bull Run Amid Looming Financial Tsunami – Read More!
Arthur Hayes, the former head of major cryptocurrency exchange BitMEX, has written a new essay called “The Denominator” in which he attempts to answer the question of who will pay for the banking crisis fueled by the Fed’s deflationary policies. In his essay, Hayes compares the current situation in the U.S. banking sector to friends […]
“Revolutionizing NFTs: Bitcoin Ordinal’s Sky-High Ascent in Blockchain Technology!”
Since the advent of non-fungible tokens (NFTs), the digital collectibles market has experienced unprecedented growth. Among the multiple NFT platforms, Bitcoin Ordinals has emerged, bringing NFTs to new heights by utilizing the power of Bitcoin’s blockchain. The development of Bitcoin Ordinals and BRC 20 has been significantly contributed by the BSV community. Unisat, the core […]