Peter Thiel: Most of Bitcoin (BTC) Value Has Been Extracted By U.Today – Investing.com
U.Today – Billionaire investor Peter Thiel recently shared his thoughts on the current state of , arguing that most of its potential value has already been achieved. According to Thiel, the price of Bitcoin is not likely to rise significantly at this point. He said he does not believe Bitcoin will rise dramatically from here […]
Bitcoin Mining Companies Switching to Other Coins Amid Rising Cost of Operations: CryptoQuant CEO – The Daily Hodl
Bitcoin (BTC) miners are reportedly mining other cryptocurrencies to prepare for the recent price drop, according to the CEO of CryptoQuant. Ki Yong-ju said that with Bitcoin’s hash price currently at an all-time low, it’s possible that mining companies will slow down their investments and turn to other cheaper proof-of-work (PoW) coins for the time […]
Bitcoin Slides Toward $60K as Altcoins Bleed Out (Weekend Watch) – CryptoPotato
The cryptocurrency market is down today due to relatively low trading volumes, with Bitcoin dropping towards $60,000 and most altcoins gradually dropping. Total capital fell to $2.37 trillion. Bitcoin price nears $60,000 Bitcoin prices are down 1.3% over the past 24 hours, bringing total losses this week to about 6%. At the time of writing, […]
Bitcoin Price Reversal: Key Indicators and What Else to Look For By U.Today – Investing.com
U.Today’s recent price action has been volatile, marked by a gradual rebound after a decline over the past two weeks. According to market analytics platform Santiment, Bitcoin’s bounce has been short-lived, but there are encouraging signs that a more significant bounce could be on the way. Key Indicators Santiment analysis shows that the wave of […]
Bitcoin Price Analysis: Is BTC About to Crash Below $60K Again? – CryptoPotato
Bitcoin price has failed to sustain its rise above $70,000 and is now on a downward trend, raising the question of whether the bull run has stalled or if it is just a temporary correction. Technical Analysis by Trading Rage Daily Chart As the daily chart shows, Bitcoin price has failed to rise above the […]
Bitcoin, Ethereum, Dogecoin Bottom Out As US Government Wallet Sends $240M BTC To Coinbase – Benzinga
Cryptocurrency markets are falling on Wednesday as major governments liquidate their Bitcoin holdings. Cryptocurrency price Profit +/- Bitcoin BTC/USD $60,979.32 -1.7% Ethereum ETH/USD $3,410.19 -0.1% Solana Sol/USD $137.84 -0.7% Dogecoin DOGE/USD $0.1241 -2.9% Shiba Inu SHIB/USD $0.00001737 -3.3% Notable statistics: The Bitcoin Spot ETF reported its first total net inflows in a week, totalling $31 […]
Gaetz unveils bill allowing bitcoin tax payments
Rep. Matt Gaetz (R-Fla.) introduced a bill on Tuesday that would allow Americans to pay their federal income tax in Bitcoin. Gates said the bold move will “spur innovation, increase efficiency, and provide more flexibility for the American people.” “This is a bold step toward a future in which digital currencies play a key role […]
Bitcoin price sees oversold bounce to $62K but will it hold? – Cointelegraph
Bitcoin (BTC) price hit a six-week low on June 24, but within the next 24 hours, buyers stepped in and the price once again rose above $62,000. BTC/USD daily chart. Source: Trading View Analysing the current market structure, popular trader Jere observed that some buyer interest has returned at the lower levels as the $60,000 […]
Trump’s new tech support shows Bitcoin needs America
About three years ago, I I have written The New York Times reported that Bitcoin could save America from going off the rails. The U.S. Securities and Exchange Commission recently caused a stir through legal threats against Coinbase’s new interest-bearing cryptocurrency account program. … Deviation or shutdown: this is the un-American logic of the social […]
Bitcoin Funds Lost $630 Million, But BTC Bears Are Still On the Sidelines – Decrypt
It’s been a rollercoaster ride for crypto investment funds as the latest data from CoinShares shows heavy outflows for the second consecutive week. Digital asset investment products saw net outflows of $584 million last week, bringing the two-week total to a staggering $1.2 billion. This sharp reversal comes after a record $2 billion in inflows […]