Bitcoin to fall to below $10k, won’t see new highs again – Peter Schiff

Bitcoin is unlikely to make new highs beyond $69,000 again, and in fact, will continue falling to $10,000 and below, according to Peter Schiff, chief market strategist of Euro Pacific Asset Management. Calling it a “sucker’s rally,” Schiff told David Lin, Anchor for Kitco News, that the rally in the crypto markets, … Read more

Bitcoin snaps its 4-day rally Tuesday; Troubles in cryptoland?

The Seoul-based event has offered a welcome return to in-person interaction but failed to tackle the industry’s most burning themes or challenge its panelists. Good morning. Here’s what’s happening: Prices: Bitcoin snaps its four-day rally; ether and other cryptos are lower. Insights: A muted Korea Blockchain Week fails to tackle the industry’s recent troubles or challenge its … Read more

Bitcoin price ekes out a 15% move as whales return

Bitcoin price reaffirms a triangle breakout to $28,000 after surpassing $24,000. Whales holding 1,000 and more coins grow to 2,051 from 2,040 in a week. Bitcoin price is required to make a daily close above $24,000 to reinforce the move to $28,000. Bitcoin price kicked off the new week on a positive note, climbing 4.50% … Read more

crypto news: Crypto Movement at a Glance: Bitcoin holds $23,000; Merge on the cards for Ether

This week, most cryptocurrencies faced a slight correction as uncertainty split from legacy markets. Despite the minor decline, cryptocurrencies have recovered and stood strong without sharp movements. Bitcoin started the week trading above the $23,000 level but fell to $22,000 due to increasing pressure, US central bank’s latest interest rate hike, and ongoing tension betweenChina … Read more

NFTs Are Conquering Soccer | WIRED UK

Because fan tokens are usually pegged to Bitcoin, their value has fluctuated wildly, and in the race for cash, clubs haven’t always done a good job of educating their supporters about the risks. Arsenal—whose fan token has dropped more than 80 percent in value since launch—was censured by the UK’s Advertising Standards Authority, which found … Read more

Investview To Increase Hash Rate by 50% From Renewable Energy Sources

BitcoinTechnologyBusiness Aug 6, 2022 at 16:04 UTC748255 Investview is a financial technology company with diversified investments in education tools, content, research, and management of digital asset technologies. This includes a primary focus on Bitcoin mining. Investview will expand its mining operation through its SAFETek subsidiary where it “has entered a transaction to expand its Bitcoin … Read more

A fool and his money shall soon part

Bitcoin price continues to experience sideways congestion. On-chain analytics suggest more chop is likely underway Ethereum price begins the anticipated ascent. The chances of crypto outperformance remain prevalent. Ripple price still presents a chance to rally higher. Key levels have been identified. The crypto market is in stagnation mode.  An explosive move is likely to … Read more

Bitcoin and Ethereum leads market recovery as crypto market cap tops $1T

The Crypto market has grown back above $1T amidst sustained buyup. Notwithstanding its correlation with Nasdaq 100, BTC seems to be charting a more ambitious growth curve with a healthy mid-term forecast. Ethereum’s worst days seem to be over as the #1 altcoin has its sights on $1,600 resistance level The digital currency ecosystem has … Read more

Foundry Digital Donates Bitcoin To Mining Pool Developer

BitcoinTechnologyBusiness Aug 3, 2022 at 19:21 UTC747840 Stratum V2 is an open-source protocol that defines how Bitcoin miners, proxies, and mining pools communicate in order to contribute hashrate to the global Bitcoin network. Foundry Digital LLC (“Foundry”), a top service provider for organizations in the digital asset mining and staking industry, announced a grant of 1 … Read more

Michael Saylor drops Microstrategy CEO role — Here’s what it means for bitcoin

A shakeup of MicroStrategy Inc.’s executive suite has crypto traders weighing the consequences for bitcoin as Michael Saylor drops his role as chief executive officer. MicroStrategy’s MSTR, +12.73% shares jumped almost 13% Wednesday, a day after the company said Michael Saylor would give up the CEO title and take on a new role as executive … Read more