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Bitcoin
Bitcoin faces tough daily resistance as BTC price matches UK pound volatility
Bitcoin (BTC) showed no signs of a breakout on Oct. 20 as tantalizing sideways action dragged on.BTC/USD 1-hour candle chart (Bitstamp). Source:…
Russian users are welcomed by crypto exchanges in Kazakhstan, but there’s a catch
Some cryptocurrency exchanges continue onboarding Russian nationals despite the latest Western sanctions against Russia, but not without certain restrictions.In…
Kraken crypto exchange is next to close doors to Russian users
Kraken is the latest cryptocurrency exchange to restrict accounts of Russian users on its platform in compliance with sanctions from the European Union.On Oct.…
Capitulation or profit-taking? Bitcoin whale moves 32K BTC dormant since 2018
Bitcoin (BTC) worth over $600 million moved for the first time since the last bear market on Oct. 18, analysis has revealed.In a Twitter thread, monitoring…
HODL! Tesla hangs onto all its remaining $218M in Bitcoin in Q3
Electric vehicle manufacturer Tesla has made no further changes to its remaining stash of Bitcoin (BTC) in the third quarter of 2022, despite nearly a $1 billion…
Bitcoin’s discount to hash rate highest since early 2020 — Mike McGlone
Bloomberg Intelligence senior commodity strategist Mike McGlone says Bitcoin's (BTC's) relative discount to its high hash rate in October — the largest since the…
Most institutional investors hold or plan to buy cryptocurrencies: Survey
The latest survey carried out by Cointelegraph Research among 84 professional investors across the globe revealed that out of $316 billion in assets managed by…
Here’s what could spark a ‘huge BTC rally’ as Bitcoin clings to $19K
Bitcoin (BTC) sagged with United States equities at the Oct. 19 Wall Street open as markets awaited tech earnings.BTC/USD 1-hour candle chart (Bitstamp). Source:…
New Fidelity report flags ‘stark contrast’ between Bitcoin and fiat currencies
Bitcoin’s (BTC) future may “stand in stark contrast to the rest of the world,” asset manager Fidelity Investments predicts.In a recent research piece, “The Rising…
BTC energy use jumps 41% in 12 months, increasing regulatory risks
Bitcoin (BTC) has seen a 41% increase in energy consumption Year-on-Year (YoY) despite dramatic improvements in energy efficiency and a more diverse and…