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Bitcoin (BTC) Closes Bearish Weekly Candle After Slipping Below $40,000

Bitcoin (BTC) Closes Bearish Weekly Candle After Slipping Below $40,000

Bitcoin (BTC) is trading very close to two long-term support levels but has yet to show any bullish reversal signs. Bitcoin declined slightly during the week of April 18-24. While the week started with an upward

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Skybridge Capital: We Are ‘Extremely Bullish’ on Crypto

Skybridge Capital: We Are ‘Extremely Bullish’ on Crypto

Skybridge Capital, a $3.5 billion asset management firm, is “extremely bullish” on the crypto sector, says an executive of the firm. “For us, we think the cryptocurrency markets represent tremendous growth.” “Cryptocurrency Markets Represent Considerable

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Bitcoin’s Hashrate Surges Reaching a Lifetime High, Difficulty Expected to Jump Next Week

Bitcoin’s Hashrate Surges Reaching a Lifetime High, Difficulty Expected to Jump Next Week

Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block height 733,197. Currently, the computational power is coasting along at 233.81 EH/s with a network

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US Treasury’s OFAC Adds 3 ETH Addresses Linked to North Korean Cybercrime Group to SDN List

US Treasury’s OFAC Adds 3 ETH Addresses Linked to North Korean Cybercrime Group to SDN List

The Office of Foreign Asset Control (OFAC) has added three ethereum addresses to its Specially Designated Nationals And Blocked Persons List (SDN). OFAC alleges the ether addresses are controlled by the Lazarus Group, a cybercrime

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This is Why Crypto Market Crash Seems Imminent In Coming Months!

This is Why Crypto Market Crash Seems Imminent In Coming Months!

Early on April 24, cryptocurrencies traded in a mixed bag. The worldwide crypto market capitalization is $1.84 trillion, down 0.18 percent from the previous day. The overall crypto market volume over the last 24 hours

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Willy Woo: Bitcoin (BTC) ‘Seems a Bit Undervalued’

Willy Woo: Bitcoin (BTC) ‘Seems a Bit Undervalued’

Willy Woo is one of the pioneers of on-chain analysis and creating Bitcoin indicators based on direct data from the blockchain. In a recent tweet, while analyzing the BTC supply shock indicator, he stated that “the orange coin

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Bitcoin Struggles Below $40K as Sentiment Returns to Extreme Fear (Market Watch)

Bitcoin Struggles Below $40K as Sentiment Returns to Extreme Fear (Market Watch)

After dropping below $40,000 earlier this weekend, bitcoin has been unable to reclaim that level despite a few attempts. The rest of the market is also relatively calm today, with ETH sitting beneath $3,000. Bitcoin

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Microstrategy CEO Dispels Rumor of Company Quietly Selling Bitcoin

Microstrategy CEO Dispels Rumor of Company Quietly Selling Bitcoin

The CEO of the Nasdaq-listed company Microstrategy has dispelled the rumor that his company has been quietly selling bitcoin. He explained that as a company regulated by the Securities and Exchange Commission (SEC), changes in

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Bearish Weekend Watch: Bitcoin Dumps Below $40K, Ethereum Beneath $3K

Bearish Weekend Watch: Bitcoin Dumps Below $40K, Ethereum Beneath $3K

The adverse price developments continued in the past 24 hours, and bitcoin dropped below $40,000 for the second time this week. The alternative coins are also well in the red, at least most of them,

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Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Million

Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Million

On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital from strategic investors. According to the announcement, the Series C equity funding round

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