After nine consecutive weeks of closing lower than the previous one, bitcoin finally managed to break this negative trend and marked its first green weekly candle since late March. This came as the asset jumped
Read More
Bitcoin, the world’s top cryptocurrency, has finally ended its bearish streak, but bulls are not out of the woods for now Bitcoin, the largest cryptocurrency, finally ended its worst bearish streak yet after marking a
Read More
Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important factors for the future of the industry. Damián Polla, Bitfarm’s Latam General
Read More![Why this analyst believes Bitcoin [BTC] could be the ‘best asset’ to own](https://www.coindailynews.io/wp-content/uploads/2022/06/cryptocurrency-g42a66fa12_1280-1000x600-1-455x300.jpg)
Bloomberg analyst Mike McGlone recently appeared in an interview with Kitco News. The interview that largely focused on McGlone’s views on the expanding digital assets industry also included a talk related to the future of
Read More
Cryptocurrencies have suffered from a brutal sell-off the past few months considering the Terra fiasco. But the last fortnight has been especially bad for investors as they lost a significant chunk of their savings. However,
Read More
Long-term holders, however, have managed to retain a high level of conviction Yassine Elmandjra, an analyst at ARK Investment Management, noted that short-term bitcoin holders have seemingly capitulated. The MVRV ratio, which measures Bitcoin’s market
Read More
Bitcoin is headed for the weekly close, and all eyes are on its price. The past nine weekly candles have been negative, and the question is if it will break this trend today or put
Read More
Could Bitcoin drop to as low as $12,000? Peter Brandt weighs in In a recent Twitter thread, the Peter Brandt cryptocurrency may be on track to record its fourth correction of up to 80% since
Read More
State of New York gets one step closer to restricting proof-of-work mining technology New York may become the first-ever US state to ban cryptocurrency mining due to environmental concerns. However, analysts and crypto enthusiasts believe
Read More
Bitcoin's dominance has increased to highest level since late October Bitcoin dominance surpassed 47% for the first time since Oct. 20 earlier today. The king of crypto tends to grow its market share during major
Read More
