Category: Bitcoin

Bitcoin (BTC) has crashed by around 44% from its all-time high of $64,899, signaling an end to its second-largest bull run that started in March 2020. Many analysts, including those from BiotechValley Insights, see “terrible technicals” in the Bitcoin market, noting that the flagship cryptocurrency could extend its ongoing decline until $20,000. Nevertheless, Glassnode Insights,

Is it possible to mine Bitcoin (BTC) using only 100% renewable energy sources and deliver the same economic returns as those using carbon-based sources? The answer is yes, according to Square’s recent analysis on the cost of renewables and their impact on Bitcoin mining. Unfortunately for our industry, the number of headlines and headline-making tweets

Blockchain insights platform Chainalysis is revealing that large investors purchased tens of thousands of Bitcoin as the largest crypto asset by market cap tumbled below $40,000. In the blockchain analysis firm’s latest market intelligence report, Chainalysis discloses that as some investors exited their positions at a loss, Bitcoin whales bought massive amounts of BTC at

The chief executive of crypto consulting firm Parallax Digital is predicting the massive expansion of the US dollar supply in the next ten years, which he says will ignite Bitcoin’s meteoric rise to $12.5 million. In a new interview with Kitco NEWS, Robert Breedlove addresses the issue of Bitcoin’s volatility after the leading crypto asset

Last month, Bitcoin (BTC) reached above $60,000, highlighting the current frenzy around digital currencies. Following BTC, altcoins also saw substantial increases in value. All of this is music to the ears of long-term and short-term bull investors seeking increased gains, even with the current pullback and support of Bitcoin hovering around $40,000.  However, despite all

Retail crypto payment acceptance in the United States continues to grow as Sheetz announces plans to allow the use of digital currencies in its outlets across the country. In a release issued on Thursday, the convenience store chain announced its partnership with digital payments provider Flexa to enable customers to pay for products and services

Haruhiko Kuroda, governor of the Bank of Japan, has joined the roll call of central bankers taking aim at Bitcoin (BTC) amid the current volatility. According to a report by Bloomberg on Friday, Kuroda argued against the value proposition of the largest cryptocurrency by market capitalization, stating: “Most of the trading is speculative and volatility

Billionaire investor Carl Icahn is considering cryptocurrency in a “big way,” earmarking a potential $1.5 billion into alternative currency. The billionaire investor hasn’t acquired any cryptocurrency yet, but he tells Bloomberg TV that he is analyzing the crypto market for opportunities. “I’m looking at the whole business. I’m not looking at what to buy necessarily at

Leading cryptocurrency analyst Michaël van de Poppe says several major cryptocurrencies are set to see their prices rise multi-fold this cycle. Van de Poppe predicts the crypto king, Bitcoin (BTC), will reach at least $350,000 and as high as $450,000. He says Ethereum will surpass $10,000 and could reach $17,000 at the top. The analyst

The Australian Taxation Office has urged citizens to accurately report any profits made in the process of trading cryptocurrencies like Bitcoin (BTC), anticipating tax filings from a pool of 600,000 Aussies who it now believes to be invested in digital assets. The ATO’s assistant commissioner, Tim Loh, told News.com.au that people still make the mistake of