Tag: bitcoin
Bitcoin Miners in Washington Counties Facing Power Price Hikes
The profitability of cryptocurrency mining hinges on several key factors. Access to affordable electricity is one of the main requirements. In Washington State, the influx…
Bitcoin Price Analysis: BTC/USD Channel Intact Despite Spike Lower
Bitcoin recently made a sharp dip lower but quickly found its way back inside the short-term rising channel on the 1-hour time frame. This suggests…
The Faith in Bitcoin is Strong: 55% of Bitcoin Held in Multimillion Dollar Wallets
More than half of the total market capitalization of Bitcoin is held in wallets which hold over 200 coins (roughly around $1.25 million). This signals…
Tech Analyst: Ethereum to Cut Bitcoin’s Market Share in Half
Ethereum may eventually take away half of Bitcoin’s market share in the next five years, according to a tech analyst at an art agency. Ethereum’s…
Bitcoin Price Analysis: BTC/USD Small Reversal Formation
Bitcoin might be ready for an uptrend as it formed a double bottom reversal pattern on its 1-hour chart. This is often seen as a…
Another Bitcoin Scam Surfaces Targeting Utility Customers
Another Bitcoin scam has surfaced in Las Vegas where power utility customers are told they will be disconnected unless they immediately pay in crypto. An…
Crypto Market Cap Drops Below $200 Billion, Further Price Declines to Come?
For the second time this year, the crypto market cap has dropped below $200 billion as individual coins failed to hold on to previous highs.…
Bitcoin Price Analysis: BTC/USD Another Imminent Breakout?
Bitcoin is testing the bottom of a shorter-term symmetrical triangle inside a falling wedge visible on the daily time frame. A break below the triangle…
UK Officials Are No Closer to Regulating Bitcoin After Six Months of Research
Determining the regulatory fate of cryptocurrencies is complicated. In the UK, the government is still struggling to make any decisions in this regard. The government…
