Crypto Miners Run Down Bitcoin Inventory to 3-Year Low in a Strategic Pre-Halving Move

Bitcoin miners have been running down inventory in a rising market, moving away from the accumulation strategy seen ahead of prior halving in May 2020.

32 +

Is Bitcoin Dogs worth buying as Pro says BTC returns ‘will come down’?

Bitcoin is in focus today after Robert Mitchnick of BlackRock Inc said returns coupled with the world’s largest cryptocurrency “will come down” moving forward. Is Mitchnick dovish on Bitcoin now? But that doesn’t mean he’s dovish on BTC at all.

105 +

Bitcoin dips by 2% today as mining difficulty falls by 7.2%

Bitcoin is trading below $17k once again after losing roughly 2% of its value today. Bitcoin mining difficulty is down 7. 2%, the biggest drop in more than a year.   The total crypto market cap is also down by nearly 2% in the last 24 hours.

70 +

Speculative Bubbles, Technobabble And Bitcoin

Despite academics’ wishes, Bitcoin cannot be reduced down to a mysterious jargon-laden tulip mania.

66 +

Peter Brandt: Bitcoin's Next Lows Might Be $13,800 or Even $10,350, Here's Why

Bitcoin is currently down 75.9% from its all-time high of $69,000

134 +

Bitcoin Suddenly Plunges Below $20,000. Here’s Why

The price of Bitcoin is now down more than 5% over the last 24 hours

150 +

Bitcoin and Ethereum Market Activity Slows Down Even More

We have seen the bitcoin market move sideways for the last few weeks. The good news is that as Bitcoin and Ethereum prices establish support and continue to trade above it, the bearish momentum is slowing down.

136 +

Bitcoin (BTC) Risks Fall to June Lows as Percent Supply in Profit Reaches Bottom Territory

Bitcoin (BTC) has broken down from its corrective pattern and is at risk of breaking down from a horizontal support area. If this were to occur, it would likely take the price below its June lows.

163 +

Is Bitcoin really cheap at $19,000? Assessing if it could go further down

El Salvador's president Nayib Bukele announced on 1 July that his country added 80 Bitcoin [BTC] to its balance sheet. He also noted that the purchase was made at $19,000 per BTC, a price level that hThe post Is Bitcoin really cheap at $19,000? Assessing if it could go further down appeared first on AMBCrypto.

255 +

MicroStrategy's Bitcoin Investment Is Close to Liquidation as It Is Down More Than $350 Million

One of biggest holders of Bitcoin is set for liquidation as Bitcoin is not stopping on its way down

164 +

Bitcoin Trading Volume Plummets Down From Recent Top

Data shows the Bitcoin spot trading volume has once again come back down to normal values for 2022 after the big surge recently. Bitcoin Trading Volume Falls Back Down To Values Around $4 Billion As per the latest weekly report from Arcane Research, the Bitcoin trading volume has plummeted back down after the recent high values.

316 +

Bitcoin Price Could Fall To $8,000, Says Guggenheim CIO

Hearing more negative speculation would be unpleasant for the investors as the recent bloodbath’s catastrophic effects already slowed down crypto markets. But unfortunately, an expert predicted Bitcoin would go far below.

194 +

Bitcoin Breaking Down, Support at $30K

Bitcoin (BTC) is breaking down after failing to hold $40K over the past few months. A weekly close below $34,246 could yield further downside targets.

182 +

Bitcoin bounces back, markets worry less about Russia-Ukraine crisis

Bitcoin and the rest of the crypto markets are continuing to struggle, with the bitcoin price trading down from the weekly high of $44,274 on Wednesday last week, down below the psychological $40,000 level at $36,629, as per data from Goingecko.

193 +

Bitcoin Recovers Amid Stock Volatility While Putin and Xi Open Olympics

169 +

"Twitter Philanthropist" Expects Bitcoin to Go Down

The heir of the late construction mogul William Pulte says that Tesla and Bitcoin could both go down over the next six months

179 +

Bitcoin Doesn’t Have To Be Complicated

In this episode of “Meet The Taco Plebs,” I sat down with Nameless to discuss simplifying complex ideas related to Bitcoin.

116 +

Why Bitcoin Could Break $40K In “Short Order” Says Analyst

Currently sitting at nearly 35k, Bitcoin’s price this week has been affected good and bad, by both news from China cracking down on the coin, and that El Salvador is giving each of it’s citizens $30 of BTC.

216 +

Craig Wright Wins Bitcoin Copyright Lawsuit Against Pseudonymous Developer

Bitcoin.org will have to take down the Bitcoin white paper following the U.K. court's decision

209 +

Why The Bitcoin Price Recently Found Support At $46K

After plummeting from $46k to $43k on Sunday, Bitcoin managed to hold onto the critical support level of $46,000. Breaking Down Bitcoin’s Price Action Down 20% from its all-time high reached earlier this month, Bitcoin finds itself in correction territory – a sharp change from the almost uninterrupted year-long bull run.

227 +

Bitcoin Sell-Off Over? Bullishness Continues to Permeate the Market

This week, the price of Bitcoin has been on a rollercoaster ride. We started with a dump right after hitting a new all-time high last Sunday at about $58,350. Following the drop, we made several attempts to go back up but only to end up lower and yesterday, we went down further down to $44k.

298 +

Bitcoin Up, Coinbase Down: Leading Crypto Exchange Investigating Outage Issue

Coinbase goes down yet again as Bitcoin soars to $38,000

183 +

Bitcoin Price Sees Largest Daily Loss in 10 Months

Bitcoin ended Thursday down 13% amid continued selling.

200 +

Bitcoin Miners Slow Down Selling, A Structural Change?

Bitcoin miners are selling a lot less than at the beginning of the year, with it down to under 1,000 bitcoin on some days and usually around 1,300 bitcoin a...

205 +

JPMorgan: Bitcoin (BTC) Price May Correct If Inflows into Grayscale Bitcoin Fund Slow Down

Continue reading at Coinspeaker

191 +

Bitcoin Tests Key Parabolic Trendline as Uptrend Shows Signs of Slowing

Bitcoin has seen some brutal price action throughout the morning, with overleveraged long positions being shaken out with a brief dip down to $15,700, while those panic shorting were then liquidated by a sharp rebound.

209 +

Bitcoin Rejection Could Signal a Final Leg Down

Even though Bitcoin (BTC) has been moving upwards since Sept. 8, it has shown considerable weakness indicating that it is likely beginning a final wave down that could end at $9,700. After the losses seen during the week of Aug 31-Sept 7, the Bitcoin price consolidated last week.

304 +

Bitcoin Holding Sentiment Strongest in Nearly Two Years

The amount of bitcoin held on crypto exchanges is down to a 21-month low, a sign investors are feeling bullish.

320 +

These DeFi Tokens Continue to Rule the Market while $12,000 Remains Elusive to Bitcoin

It was last weekend that the price of bitcoin surpassed $12,000 for the first time in a year, only to come crashing back down to $10,500 minutes after. A week after that and we haven’t achieved that level yet.

269 +

Bitcoin Mining Heats Up: High Difficulty Adjustment, Pool Consolidation, Less Concentration in China

It’s been approximately 37 days since the notorious Bitcoin reward halving that took place on Monday, May 11, 2020. On June 16, the Bitcoin network saw a large upwards difficulty adjustment making it much harder to mine bitcoins and slowing down the issuance rate because block generation has slowed down.

451 +

Market Update: Bitcoin World Reserve Theories, Market Cap Loses $16B, Analyst Predicts $7,500 ETH

Digital currency markets are down on Sunday evening roughly 2. 14% as global trade volume has slid by 31% this weekend. Coins like ethereum, bitcoin, litecoin, and bitcoin cash are all down between 1-2% in the last 24 hours.

210 +

Sunday Digest: Bitcoin Price, DeFi, And Keiser’s Back

The boxing world saw Tyson Fury regain his world heavyweight title from Deontay Wilder last night, in a convincing win for the Brit. But how did bitcoin and other cryptos perform this week? Bitcoin Price: Down, Up, Down, Up This week started badly for bitcoin prices.

284 +

Bitcoin's supply increases by over 30% in a month on Bitfinex

Bitcoin's market reflected signs of recovery in the past week, after being worn down most of December. Although the BTC market cap was still down week-over-week, its estimated hash rate grew by over 1The post Bitcoin's supply increases by over 30% in a month on Bitfinex appeared first on AMBCrypto.

214 +

Has Bitcoin Found Iron Support?

It is almost precisely two years ago that the bitcoin bear market began with the currency still down some 70% since. That’s better than eth, which is down 90%, and... The post Has Bitcoin Found Iron Support? appeared first on Trustnodes.

217 +

Bitcoin drop below $8,500 may be tied down to USDCoin

If one were to look at the unrelated rise and fall of Bitcoin vis-a-vis internal factors within the digital assets space, the relevance of stablecoins increases. Seen as a balancing tool for the volatThe post Bitcoin drop below $8,500 may be tied down to USDCoin appeared first on AMBCrypto.

206 +

Ethereum (ETH) Hits All Bearish Targets, Bitcoin Down 8%

Ethereum price declined heavily below $170 and traded close to $150 against the US Dollar. Bitcoin price is down more than 8% and it even traded below the key $7,500 support. Yesterday’s highlighted bearish trend line is intact with resistance near $165 on the hourly chart of ETH/USD (data feed via Kraken).

181 +

Bitcoin Price to Sell the Bakkt Event and Finally Drop to $8,000?

If Bitcoin Breaks Down Here, will Fell to $8,700s “Buy the rumor, sell the news” Since dropping to nearly $9,300 level yesterday, Bitcoin is back above $9,500. August has resulted in a red month. However, despite seeing $9,150 this month, Bitcoin is down by just 2.

244 +

Can Bitcoin’s Price Go Under $8,000 Again? This Trader Thinks So

After its latest price drop, Bitcoin went from just over $10,270 to under $9,700 USD. The short-term probability is that Bitcoin may go down even more right now. Even the dominance of Bitcoin, which was over 70%, was pushed down to 69% at the moment.

207 +

BCH Up, Bitcoin Down, Why?

Bitcoin Cash has finally come a bit to life with the currency up some 7% yesterday while bitcoin was down 7%. That’s on somewhat increased volumes for both, with the... The post BCH Up, Bitcoin Down, Why? appeared first on Trustnodes.

239 +

Protestors Set Alleged Bitcoin Ponzi Scheme Perpetrator’s Home on Fire

Before shutting down, Bitcoin Wallets' "manager" promised 100-percent returns on investors' money in just two weeks. Then they burned down his house.

140 +

Bitcoin Rally Crushes Alt Season Hopes, Small Cap Coins Down 54%

New data is laying bare the extent of altcoin losses in 2019 as Bitcoin steals lion’s share of the cryptocurrency market.   Top 70 ‘Alts’ Down 19 Percent Against BTC Published by digital asset firm Bletchley, a variety of indices put some altcoin losses at over half since April this year.

235 +

Bitcoin Price Drops Under $10,000 as Downtrend Continues

Bitcoin has slumped below $10,000 and pulled other top-20 coins down, with none of them reporting gains

178 +

Bitcoin Price Watch: Currency Is Down for the Count

At press time, bitcoin is still up for the most part, but down compared to where it has been over the past week. Currently, bitcoin’s price is just over $10,100, which is down from where it was this morning at $10,300, and it seems to be falling by $100 or so every hour.

227 +

Ethereum (ETH) And Ripple’s XRP Lead The Altcoin Charge As Bitcoin (BTC) Slows Down

After a strong couple of days for Bitcoin, the leading cryptocurrency seems to have slowed down. Bitcoin, which had earlier in the week soared to as high as $8,300, seems to have found support just above the $8,000, mark and settled just above the $8,100 position.

193 +

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 24

Altcoins are currently down, but do any show a buying opportunity? Let’s consult the charts

336 +

Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Stellar, TRON, Binance Coin, Bitcoin SV: Price Analysis, February 27

Legendary investor Warren Buffet has doubled down on his criticism of Bitcoin, but what do the charts point to in the short term? Let’s find out

202 +

Bitcoin (BTC) Price Analysis: Bulls Refuse to Back Down

Bitcoin broke below a short-term rising channel but remains above the longer-term channel bottom and area of interest. The post Bitcoin (BTC) Price Analysis: Bulls Refuse to Back Down appeared first on Ethereum World News.

219 +

Bitcoin falls short of the less promising analyst prediction -. Com

ET, bitcoin was at $6,467. 01, according to CoinBase. Bitcoin offshoot bitcoin cash was down 6. 9 percent, to $719. 89, ethereum was down 2. 78 percent, to $460. 37, and litecoin was down 5. 3 percent, to $82.

345 +

Bitcoin ‘On a One-way Street Going Down’ Says Futures Trader

Jim Iuorio, the managing director of TJM Institutional Services believes tougher times await Bitcoin. Speaking to CNBC, Iuorio said Bitcoin was never worth $20,000, and the top-ranked cryptocurrency is headed down a slippery slope.

255 +