Bitcoin News

For bulls, Bitcoin’s (BTC) daily price action leaves a lot to be desired, and at the moment, there are few signs of an imminent turnaround.  Following the trend of the past six or more months, the current factors continue to place pressure on BTC price: Persistent concerns of potential stringent crypto regulation. United States Federal […] More

Bitcoin’s (BTC) spot trading below $20,000 is seeing a new “capitulation” event encompassing an entire year’s worth of buyers, research reveals. In one of its Quicktake market updates on Sep. 29, on-chain analytics platform CryptoQuant flagged intense selling by a large number of recent hodlers. 2021 bull market coins “have been sold aggressively” As BTC/USD […] More

MicroStrategy wants to hire a Bitcoin software engineer to build a software-as-a-service (SaaS) platform on the Lightning Network. MicroStrategy, a top business intelligence firm that’s the largest corporate holder of Bitcoin (BTC), is looking to hire a software engineer to help build a Lightning Network-based enterprise platform. Bitcoin software engineer to build SaaS platform  On […] More

Bitcoin price rose sharply again on Friday as a dose of volatility helped BTC add nearly $1,000 within hours to top the $20,000 mark. Indeed, the BTC/USD pair rose as high as $20,182 on crypto exchange Coinbase – up from an intraday low of around $19,154 reached earlier in the day. The price update below […] More

Bitcoin (BTC) swiftly climbed above $20,000 after the Sept. 30 Wall Street open as end-of-month volatility began.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin volatility back for monthly close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 3% in a single hourly candle to hit local highs of $20,171 on Bitstamp. The move […] More

Key Takeaways Bitcoin’s market value dropped nearly 14% in September. Market sentiment has turned pessimistic due to the top crypto’s poor price performance. On-chain data shows no significant signs of accumulation yet. Share this article URL Copied Bitcoin is about to close September at a double-digit loss relative to August. As market sentiment continues to […] More

Bitcoin continues to hold above the $19,000 mark even as currency woes wreaked havoc across stocks and other legacy markets this week. After dipping to lows beneath $18,600, Bitcoin bounced as high as $20,300 before paring the gains amid a highly volatile market that also saw the S&P 500 Index notch losses that puts it […] More

Despite USD bringing an onslaught to stocks, commodities and its rival currencies, BTC holds steady at the $19,000 to $20,000 mark, leaving mainstream media no choice but to put BTC into the headlines. American daily newspaper The New York Times highlighted BTC’s 6.5% increase in the last seven days and noted that this had caught […] More

Bitcoin (BTC) miners remain under stress at current price levels as data shows large outflows from miner wallets returning. As per on-chain analytics firm Glassnode, monthly miner sales totaled up to around 8,000 BTC in September. Bitcoin miners see heavy sales In contrast to the June lows, when BTC/USD hit its current multi-year floor of […] More

Bitcoin’s (BTC) long-term profitability has declined to levels last seen during the previous bear market in December 2018. According to data shared by crypto analytic firm Glassnode, BTC holders are selling their tokens at an average loss of 42%. Bitcoin long term holders,  Source: Glassnode The Glassnode data indicate that long-term holders of the top […] More