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Bitcoin market cautious as longs and shorts balance out
Bitcoin’s drop to below $50,000 on Aug. 5 marked the largest drawdown in the current cycle, resulting in substantial profit losses and liquidations. And while BTC has shown solid signs […]
Inflation WON'T Move Bitcoin; BUT THIS WILL!
If you’re waiting for the CPI results to save the bull run you are wasting your breath! BUT, there is something else brewing that …
HODLing Resurgence? 374,000 Bitcoin Transfer Ignites Recovery
Despite the recent decline, Bitcoin is seeing an interesting shift in investor behavior, with analysts like Crypto Tony betting on possible bullish momentum in the near future. Though the market […]
Board changes at Bitfarms amid revenue drop and Riot’s hostile takeover efforts
Bitfarms co-founder and chairman Nicolas Bonta is stepping down from the board immediately amid the ongoing fight against Riot Platforms‘ hostile takeover bid, according to an Aug. 13 statement. Bonta […]
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BitGo moves $2 billion in Bitcoin, marking progress in Mt. Gox repayments
Blockchain analytical firm Arkham Intelligence reported that crypto custodial service provider BitGo moved $2 billion of Mt. Gox’s Bitcoin to a new wallet, “bc1qpn,” according to an Aug. 13 post […]
Bitcoin Flashes Inverted Triangle, Analyst Peter Brandt Explains What This Means
Veteran crypto analyst, Peter Brandt has uncovered an inverted or expanding triangle pattern in Bitcoin (BTC). Utilizing classical charting principles, Brandt analyzes the technical pattern formation, highlighting its potential impact […]
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Puell Multiple drops as miner revenues hit 10-month low
Miner revenues serve as a barometer for the overall state of the Bitcoin ecosystem, reflecting the delicate balance between mining costs, Bitcoin price, and network difficulty. Since Apr. 24, miner […]
Bitcoin makes DeFi leap with Tap Protocol’s native swap innovation
Tap Protocol has achieved a major milestone by executing the first Bitcoin-native swap directly on Bitcoin Layer 1, according to an Aug. 13 statement shared with CryptoSlate. This breakthrough is […]