Bitcoin price metric flashes rare ‘buy the dip’ opportunity at $42K lows
NVT is a “buy the dip” opportunity that few ever get access to this week, one analyst says, as BTC/USD...
Day: May 17, 2021
Coinbase (COIN) falls below $250, blockchain stocks sell off as Bitcoin dip continues
COIN, MARA, RIOT and other blockchain-related stocks continue to slide as Bitcoin struggles to hold above $43,000. It is well...
Bitcoin Rally at Risk After Elon Musk Backtracks, MATIC, KSM, CELO, May. 17
BTC Bitcoin slipped below the $43,000 level on Monday as the 2021 bull market comes under threat. A recent spread...
Ethereum’s Q1 Stats Report Highlights Blockchain’s ‘Ultra Sound’ Financial Growth in 2021
During the first three months of 2021, the cryptocurrency ethereum has shined as 90-day statistics highlight the digital asset has...
Bitcoin Dominance Dips to 40%, Top Ten Cryptos Siphon BTC’s Market Supremacy
The crypto economy has dropped significantly in value during the last few days tapping a low of $2.06 trillion on...
Is Bitcoin nearing another Black Thursday crash? Here’s what BTC derivatives suggest
Traders are afraid another Black Thursday crash is on the cards, but derivatives data proves the current correction has no...
Buy or hodl, says investor Raoul Pal as Bitcoin price chart hints at ‘falling wedge’
Investment strategist Raoul Pal suggested traders should probably buy the Bitcoin dip as its price crashes to two-month lows. Raoul...
Bitcoin Stock-to-Flow Still ‘Intact’ Says Creator, Crypto Fear Index Taps 12-Month Low
The leading cryptocurrency bitcoin has dropped 20% in value after Tesla announced on May 12, the electric car firm would...
Brazilians Can Now Bet on President Bolsonaro’s Reelection Bid on FTX
Crypto derivatives exchange FTX has launched a futures contract that allows Brazilian voters and traders in jurisdictions where the platform...
Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran
Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country...
Yay or nay? New petition demands Elon Musk sells all his Bitcoin
The "Dogefather" has gone too far for some Bitcoin hodlers, and should allow a "better custodian" to own them instead,...
Almost all major Bitcoin mining pools now signaling for Taproot activation
The largest Bitcoin mining pools are signaling for Taproot but the activation may not reach the 90% critical consensus mark...
Banking system consumes two times more energy than Bitcoin: research
According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over...
Elon Musk Discloses ‘Tesla Has Not Sold Any Bitcoin’
Amid speculation over the weekend that Tesla may have sold its bitcoins, CEO Elon Musk has clarified that the electric...
Banking System Uses Significantly More Energy Than Bitcoin, Research Shows
A new report shows that the banking system consumes more than twice the amount of energy that bitcoin does. The...
