Tag: BTCUSDT

3 Reasons Why Bitcoin Can Reach $100K This Year, According to Bloomberg Senior Analyst

3 Reasons Why Bitcoin Can Reach $100K This Year, According to Bloomberg Senior Analyst

The number of people believing that bitcoin could top $100,000 by the end of the year continues to grow, with the latest being Bloomberg’s Senior Commodity Strategist – Mike McGlone. By outlining the growing mass adoption, declining active supply, among other reasons, McGlone predicted that BTC could more than double its value in the next […]

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XRP Price Analysis: XRP Consolidates Above $1 For The Longest Time In History, What’s Next?

XRP has been flat over the last week with prices down -1% XRP Price has been forming a descending channel 300 MA is acting as support XRP price has had a wild run over the last year as the SEC lawsuit has put many dampers in the price. Despite this lawsuit still pending, XRP has […]

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ETH Price Analysis: Can Ethereum Regain Supremacy Over Layer 2 Solution?

ETH is down around -2% over the last week ETH Price has been held up by 300MA ETH Price has formed a month long ascending channel Solana Outage Proves Ethereum Still Best In Game? Ethereum has surely been the motherboard of web3 over the last year as nearly all DeFi & NFT projects have some […]

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Bitcoin’s Annual Energy Use Has Already Passed 2020’s: Research

While worries about Bitcoin’s energy use abound, new analysis shows that the network has already consumed more power than it did during the entirety of last year. Bitcoin’s Rising Power Consumption As reported by Bloomberg, “the network reportedly consumed about 67TWh of electricity in 2020, and its total consumption has already surpassed this in 2021”. […]

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Bitcoin Price Analysis: BTC Approaching $50K With a Solid Weekend Rally

Bitcoin Price Analysis: BTC Approaching $50K With a Solid Weekend Rally

BTC has been showing near-term signs of strength, especially after reclaiming the 200-moving average on the 4-hour chart and holding $47.2k, a key level of support. What’s notable is that Bitcoin managed to hold support despite global stocks selling off with the dollar rising. Near term, BTC has managed to reclaim the critical 200-day moving […]

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XRP Lawsuit: Here’s Why Experts Think Ripple Could Win the Case Against SEC

The XRP lawsuit filed by SEC against Ripple is drawing a near end, and nearly after 9 months of back and forth, experts have weighed in on the possible outcome of the case. The latest development in Ripple vs SEC case saw the defendants file for another seal motion for two exhibits from the Interrogatories […]

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We Are All Satoshi: Statue of Bitcoin Creator Erected in Budapest

We Are All Satoshi: Statue of Bitcoin Creator Erected in Budapest

Satoshi Nakamoto – the pseudonym for the yet undiscovered creator(s) of Bitcoin– has had a faceless bronze statue erected in ‘his’ honor in Hungary. Depicting Bitcoin’s Anonymous Creator The sculpture was unveiled in a technology-themed park in Budapest – the capital of Hungary – where also stands a statue of late Apple co-founder Steve Jobs. […]

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Kyrgyzstan Authorities Reveal over 500 Illegal Crypto Mining Farms

Kyrgyzstan’s State Committee for National Security (SCNS) revealed that they have caught and shut down over 500 illegally operating Crypto mining farms that were directly connected to the power grid. Furthermore, the SCNS also highlighted the unsustainable nature of crypto mining as the mining equipment utilizes up to 3,000 kilowatts of electricity per hour. “More […]

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Bitcoin at 11-Day High: AVAX Marks Another All-time High (Weekend Watch)

Bitcoin at 11-Day High: AVAX Marks Another All-time High (Weekend Watch)

After yesterday’s dump below $47,000, bitcoin has resumed its bullish trajectory by adding $2,000 and nearing $49,000. Most alternative coins have stalled, but not Avalanche. AVAX has registered yet another all-time high, this time above $70. Bitcoin Charts an 11-Day High This week began with enhanced volatility following fake reports claiming that Walmart has adopted […]

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Chinese Exchange Giant to halt expansion amid Crypto Crackdown in South Korea

As the South Korean crypto crackdown expands, China’s top exchange, OKEx announced halting any further business expansion in the nation to avoid regulators’ wrath. As reported on Twitter by the Chinese Journalist, Colin Wu, this halt has come as an effect of the strict South Korean regulatory policies. Affected by South Korean regulatory policies, OKEx, […]

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