Category: Bitcoin

Chief investment officer and founder of Guggenheim Partners Scott Minerd, who notably called Bitcoin’s 50% collapse, suggests that the Bitcoin correction might not be over.   In a recent CNBC interview, Minerd reflects on his initial prediction, saying that he thought a pullback was likely, given the crypto market’s parabolic rise over the past year.

As established by Satoshi Nakamoto’s Bitcoin (BTC) whitepaper, the core of cryptocurrency is a peer-to-peer electronic cash system that eliminates the need for intermediaries like banks. This spirited independence and scoffing at the hand-holding of traditional banking systems is pervasive across the cryptosphere. Yet, when mass adoption is the goal, some hand-holding becomes necessary in

Crypto analyst Aaron Arnold is naming nine crytpo assets that he believes are quiet powerhouses with the potential to take off once bullish momentum returns to the markets. In a new video, the Altcoin Daily host highlights the Theta Network (THETA), which recently launched its mainnet 3.0. Theta is a content delivery network that seeks

On-chain analyst William Clemente says whales are once again diving into the Bitcoin markets. In his latest newsletter, Clemente notes that the number of new users on the Bitcoin (BTC) network is at a new all-time high.   “First, let’s take a look at this chart representing the net growth of users, or ‘entities’ coming

Israeli defense minister Benny Ganz has signed an order authorizing security forces to seize cryptocurrency accounts believed to be tied to the militant wing of Hamas, the de facto ruling authority of the Gaza Strip in Palestine.  Ganz has said that a joint security operation between the Ministry of Defense’s National Bureau for Counter Terror

Gryphon Digital Mining has signed a purchase agreement with Bitcoin (BTC) mining equipment maker Bitmain to purchase 7,200 Antminer S19J Pro mining rigs. According to a release issued on Thursday, the entire outlay for the mining inventory amounts to about $48 million. Starting in August 2021, Bitmain will deliver 600 mining rigs to Gryphon each

Popular cryptocurrency trader Keith Wareing warned Bitcoin (BTC) traders about a critical bearish scenario brewing in the market. The trader spotted Bitcoin inside an inverse cup-and-handle pattern earlier this month, a bearish structure that forms during a price wave downward, followed by a stabilizing period. The technical design typically leads the price lower by as much

As Bitcoin (BTC) has continued trading sideways after dipping below $33,000 on Thursday, Galaxy Digital CEO Mike Novogratz has provided some geopolitical observations regarding the industry. In an interview with CNBC’s Squawk Box, Novogratz said that Bitcoin price is now consolidating between $30,000 and $35,000, suggesting that the United States’ crypto community is now taking

On July 8, Max Keiser and Stacy Herbert hosted an Elon Musk-inspired show in Austin, Texas. Aptly named “F*ck Elon,” the event, which included a large number of Bitcoin (BTC) maximalists, was surely a rowdy affair. Keiser is known for many things, but restraint is not necessarily one of them. Although we can debate the

Bitcoin (BTC) came back to life later on July 9 after a whale-induced price dip failed to hold the market down for much more than 24 hours. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price action returns $33,000 support Data from Cointelegraph Markets Pro and TradingView showed BTC/USD jumping 2% in an hour on Friday,