Tag: newsbtc

TA: Bitcoin Reaches Key Juncture, Why Recovery Won’t Be Easy

Bitcoin traded towards $41,200 before recovering against the US Dollar BTC must clear $42,800 to start a fresh increase in the near term Bitcoin extended decline and traded below the $42,000 support

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Bitcoin Millionaires Are Flocking To This North American Tax Haven. But What Do The Locals Think?

Bitcoin has made its own fair share of millionaires and with the recent bull rally, there is no doubt that this number went up drastically This has led to a number of issues of investors who have

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Downward DOGE: Descending Dogecoin Pattern Predicts Deadly Drop

Dogecoin has had a dramatic year Starting only one year ago, DOGEUSD passed the one cent mark and embarked on a meme-fueled moon mission toward $1 It never quite got there, and has been in a

Blockchain

70% Of Bitcoin Supply Is In Profit – Why Bulls Need To Defend This Level

On-chain data shows about 70% of the total Bitcoin supply is currently in profit, a level that has historically been important for bulls Around 30% Of Total Bitcoin Supply Is Now Underwater As per

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The NFT Investor’s Worst Nightmare: IRS Craves For A Crackdown

Last year, when the NFT Everydays: The First 5,000 Days by Beeple sold at Christie’s for $693 million, it catapulted the non-fungible token’s market into the mainstream A large number of

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Intel To Present Low Voltage, Energy Efficient Bitcoin Mining Chip At Conference

This could be huge Intel plans to enter the Bitcoin mining space with a cleverly marketed “ultra-low-voltage energy-efficient” ASIC chip Considering that the chip shortage severely delayed the

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Why Polygon Will Implement Ethereum’s EIP-1559 Update

Ethereum’s scalability solution Polygon will implement this network update in its fee model via EIP-1559 According to an official post, this upgrade will introduce a burning mechanism for MATIC and

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American Rapper Lil Baby On Holding Bitcoin And Ethereum Over Fiat

For years now, some investors have preferred to hold their wealth in cryptocurrencies like bitcoin and ethereum as opposed to cash As cryptocurrencies become more popular, this school of thought has

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