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It has been a long time since I provided an update on Bitcoin (see here). Back then (early June 2021), I was looking for a new bull run, which surely materialized, but it fell short of the ideal...
U.S. inflation hit 8.3% in August, the latest Consumer Price Index print has revealed. The price of goods rose 0.1% on a month-on-month basis The print exceeded expectations of a cool-off to...
Bitcoin soared to the 50 and 100-day moving average at 22000/22300. Shorts need stops above 22500. A break higher is a buy signal. Ripple rocketed back to 50 and 100-day moving averages at...
Lower energy costs see U.S. Bitcoin miners return fully to the space following the drop in electricity prices from the summer highs.According to on-chain data, Bitcoin’s mining hash rate has hit...
Rising as a talking point in social media and among Pepperstone’s crypto trading clients is The Merge – a union between Ethereum and Beacon Chain that takes place on Thursday (Google has...
Tether launched USDT on NEAR Network, marking the 13th blockchain to announce support for the world's largest stablecoin.Tether announced the launch of its flagship stablecoin USDT on the NEAR...
Two days away from the Merge, last week’s Ethereum outflows across digital asset funds jumped to -$61.6 million, out of a total of $63 million. This is peculiar because the Merge is practically...
Bitcoin is outperforming Ethereum despite the Merge approaching fast Bitcoin’s dominance surged after hitting crucial support, and ETH/BTC seems to have topped at range high If crypto history...
The top cryptocurrency showed signs of life Friday, outpacing Ethereum to the upside for the first time in weeks.Key Takeaways Bitcoin has broken $21,000 after sitting below $20,000 earlier this...
Argo Blockchain's mining profitability dropped to 20% in August due to runaway energy prices and Bitcoin decline.Argo Blockchain said its mining profit fell to 20% in August, according to the...
Bitcoin rose above the $21,000 level as the U.S. dollar index fell 0.7% during Friday morning hours.Bitcoin broke above the $21,000 threshold during morning hours Friday, pushing other...
Staking on Ethereum offers market participants the opportunity to earn yields on what could become crypto's first major deflationary asset.Key Takeaways Ethereum is about to transition from...
Bitcoin soared almost 10% in the past 24 hours to $21,069 driven by a slight drop in the U.S. dollar, which has hit new multi-decade highs this year. The U.S. equities, which have been increasingly...
Bitcoin is not losing touch with the $20k level but is still comfortably below the symmetrical triangle that summarizes a big leg down from the ongoing long-term bear market.Original Post
August was another difficult month for cryptocurrencies. Concerns over inflation and rising interest rates pressured risk assets, pushing Bitcoin and Ethereum prices down.Bitcoin witnessed a drop of...