After a flurry of bad news throughout 2022, the miner has been offered a lifeline which could enable it to see out the current Crypto Winter.
Decentral Block Post
Data suggests that BTC’s rally to $18,300 is the only Santa Claus rally Bitcoin will see before the year ends.
Join us as we discuss the current state of the crypto market, particularly in terms of the current bear market and Bitcoin mining. Hosting the show will be Ray Salmond, head of markets at Cointelegraph, and our special guest this week is Drew Vosk.
Bitcoin is rapidly taking out near-term support levels as an FOMC comedown sees BTC price grab liquidity.
The CSOP Bitcoin Futures ETF has raked in $53.8 million while the CSOP Ether Futures ETF has collected $19.7 million in initial investments.
Microsoft now requires users to obtain a written pre-approval from the firm in order to use Microsoft Azure for mining cryptocurrencies like Bitcoin.
B. Riley suggested the embattled miner’s issues were “self-imposed” and outlined a path for it to avoid bankruptcy.
The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC.
Weekly-realized losses peaked at $20.5 billion when Terra Luna (LUNC) imploded and reached $33 billion when 3AC and Celsius collapsed, according to Chainalysis.
BTC bears are positioned to profit from this week’s Bitcoin options expiry, especially if price stays below $18,000.
BTC price retraced the entirety of its intraday gains after Fed chair Jerome Powell issued hawkish statements in relation to today’s 0.50% interest rate hike.
“People love to point at a specific price in hindsight as the bottom of an asset, but bottoming is a process,” Melker says during the first episode of Crypto Trading Secrets.
Bitcoin keeps up the gains with U.S. stocks with hours to go until a decision on rate hikes and comments from Fed Chair Powell.
The first episode of Hashing It Out features Cointelegraph’s Elisha Owusu Akyaw (GhCryptoGuy) and Michael Kimani, Fonbnk’s co-founder and head of growth in Africa.
Bitfarms has an initial period of 180 calendar days to have its shares trading above $1 for at least 10 days before June 12, 2023.
Bitcoin risk-return is now presenting a macro buying opportunity, says Philip Swift as data shows a move from capitulation to accumulation.
Not all Wyckoff accumulation setups lead to massive price rallies as far as the Bitcoin and cryptocurrency markets are concerned.
Binance’s US arm has rolled out a feature for US customers called "Pay" which was launched by its global parent to users outside the US in 2021.
The community is hopeful that the assertion by the CFTC will put to bed claims that staked coins are securities according to the Howey Test.