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Bitcoin
Bitcoin Miners Cut Production To Avoid Texas Peak Power Costs
Several Bitcoin mining firms reported lowered BTC production in June, mainly due to power curtailment in Texas.Riot Platforms produced 450 Bitcoin (BTC) in the…
Bitcoin Must Hold $108K to Prevent Bearish Reversal: Trader
Bitcoin needs to keep its momentum as it approaches its all-time high, as a drop back to $108,000 could trigger a bearish downtrend, according to a trader.“You…
BTC Price Rallied 80% Last Time This Happened
Key takeaways:Bitcoin's funding rate briefly turned negative in late June, historically a signal for upcoming rallies.A large concentration of short liquidations…
Bitcoin Faces Resistance as Bearish Divergences Emerge
Key takeaways:Bitcoin shows bearish divergences on multiple time frames, signaling weak bullish momentum and a potential pullback.Some traders anticipate a rally…
Lever CEO explains Bitcoin-backed leverage
What if you could use your Bitcoin (BTC) to buy a house, fund a child’s education or invest in a new business, without ever selling it? In the latest episode of…
Senator Lummis Introduces Crypto Tax Bill To US Legislature
United States Senator Cynthia Lummis submitted a draft bill on Thursday, outlining several provisions to overhaul the tax code and exempt certain digital asset…
Bitcoin Aims For New Highs Even As Sellers Defend $110K
Key point:BTC’s rally above $109,000 has invalidated a bearish pattern, setting the stage for bulls to make a run at a new all-time high.Bitcoin (BTC) rallied…
IMF Rejects Pakistan’s Crypto Mining Power Subsidy Plan
Pakistan’s plan to use surplus electricity for crypto mining has hit a roadblock after the International Monetary Fund (IMF) reportedly rejected a proposal to…
Quantum computers could bring lost Bitcoin back to life: Here’s how
What is quantum technology? Quantum technology can process an enormous amount of data and solve complex…
Bitcoin price action weakens amid surprising US employment data.
Key points:Bitcoin quickly reversed gains as US nonfarm payrolls data beat expectations and unemployment fell more than thought.Analysis says that the Federal…