Bitcoin’s value is once again sliding, dipping below the critical $26,500 support level, and there’s a looming threat of further declines below the $26,000 mark in the short term. The decline in Bitcoin’s fortunes commenced when it stumbled in its attempt to surpass the stubborn $27,500 resistance. Presently, its value hovers beneath both $26,500 and […]
Bitmain officially launched two new Antminer bitcoin miners at the Global Digital Mining Summit (WDMS 2023) on 22 September: the ANTMINER S21 Hyd. 335T 16J/T and the ANTMINER S21 200T 17.5J/T , which are the highest-efficiency miners currently available. Introducing the ANTMINER S21 Under the banner of “Empower the Bull Market, Harness the Power of Timing,”
In the midst of increasing regulatory scrutiny and legal battles, Binance witnessed a substantial 57% decrease in its weekly Bitcoin trading volume since the beginning of the month. This decline suggests potential instability for the world’s largest cryptocurrency exchange. This downtrend aligns with growing legal challenges and heightened regulatory supervision directed at the exchange on
The trading volume of Bitcoin on Binance saw a substantial 57% decrease in September Read More »
In a recent episode of the highly regarded YouTube channel dedicated to cryptocurrency, ‘Crypto Banter,’ the renowned expert in crypto technical analysis, Annii, shared her valuable insights regarding the expected market fluctuations anticipated for the upcoming week. Given the multitude of significant news events poised to exert their influence on the crypto sphere, she generously
In the world of cryptocurrency, meme-based coins have emerged as a distinctive niche, drawing inspiration from internet memes and trending topics. Dogecoin (DOGE) stands as the trailblazer among meme coins, having been created by software engineers Jackson Palmer and Billy Markus back in December 2013. Initially conceived as a decentralized digital currency for quick and
Jakub Porzycki | Nurphoto | Getty Images The price of bitcoin experienced a rebound on Tuesday, reversing the losses observed the previous day, which had been driven by concerns related to FTX liquidations. As per Coin Metrics, Bitcoin was up 4.5% at $26,185.72. On Monday, Bitcoin had dipped below the critical support level of $25,000
A fresh analysis warns that the bullish momentum of Bitcoin (BTC) is diminishing as liquidity shifts, potentially signaling a forthcoming volatile move. Keith Alan, co-founder of the monitoring resource Material Indicators, raised concerns in a recent post on September 6th, highlighting noteworthy changes in the Binance order book. Analyst: Bitcoin bulls and bears both lack
Introduction Cryptocurrency mining has gained significant popularity in recent years as people look for ways to enter the world of digital currencies. While mining can be a lucrative venture, it can also be quite complex and demanding, especially for newcomers. So, if you’re considering getting into crypto mining, you might be wondering: What is the
Source: AdobeStock / Rafael Henrique FTX’s Solana wallet, associated with the bankrupt crypto exchange, has transferred $10 million worth of alternative cryptocurrencies to the Ethereum network via the Wormhole bridge over the past four days. This has raised concerns about the potential for further token sell-offs in the market. In a previously submitted filing from
