Large Bitcoin Miner Core Scientific Could File for Bankruptcy
One of the largest bitcoin miners – Core Scientific – could run out of cash by the end of 2022, which could prompt it to file for bankruptcy. The firm’s…
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Here’s The Next Target for BTC if $21K Falls (Bitcoin Price Analysis)
Bitcoin’s bullish momentum is strong over the past couple of days, as the price has broken another significant dynamic resistance level to the upside. However, there is still work to…
DOGE Marked 10-Week Peak, ETH at Highest Levels Since Merge: Market Watch
Bitcoin continued to mark new local peaks in the past 24 hours, briefly touching $21,000 for the first time in six weeks. Dogecoin has emerged as today’s best performer following…
Bitcoin Touches $21k as Bank of Canada Flashes Signs of Pivot
Bitcoin reached past $21,000 on Wednesday for the first time since mid-September, following a lower-than-expected rate hike at the Bank of Canada. Economists say the move may signal a reversal…
‘Ill-Timed” ProShares Bitcoin ETF Plunges Over 70%
As per the data compiled from Morningstar Direct for FT, the Bitcoin Strategy fund (BITO) launched in October 2021 by ProShares lost money on an “unprecedented scale.” The ETF has…
Bitcoin Soars to 6-Week High, Crypto Market Cap Taps $1T (Market Watch)
Following days of lack of almost any volatility, bitcoin finally went on a tear in the past 12 hours and skyrocketed to its highest price point since mid-September. The altcoins…
CFTC Chair Reiterates: Bitcoin and Ether Are Commodities
The power tussle between the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over regulatory oversight of the crypto market continues to confuse investors…
Long-Term Bitcoin Holders Have Amassed Over 75% of BTC
The gloomy market condition has failed to deter long-term Bitcoin holders who are currently in possession of more than 75% of all existing BTC. As per an analyst at the crypto…
Bitcoin Skyrockets Toward $20K Leaving $100M in Daily Liquidations
Following days of inactivity, Bitcoin was struck by another wave of upward volatility on Tuesday. After nearly reaching $20,000, the asset left $100 million in liquidations in its wake. Bitcoin’s…
The Good and The Bad as BTC Appears Ready for a Huge Move (Bitcoin Price Analysis)
It has been quite some time since Bitcoin formed a great daily candle in either direction. The market is going through a steady range phase with extremely low volatility. However,…
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