CoinPrice

  • Market Cap: $1,227,852,223,020.50
  • 24h Vol: $69,481,815,822.40
  • BTC Dominance: 44.99%
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Bitcoin

Long-term bitcoin hodlers begin the “distribution” that preceded BTC price bottoms

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The bearish BTC price targets keep mounting amid concerns over “distribution” of coins by long-term holders. Bitcoin (BTC) stayed wedged in a tight range on June 4 as traders’ demands for a new macro low persisted. Long-term holders begin ‘distribution’ Data from Coinprice and TradingView showed BTC/USD stuck between $29,000 and $30,000 into the weekend. The pair had managed …

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Bitcoin surges to $40,000 as Fed Chair Jerome Powell said the central bank is not actively considering a 75 basis point hike

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Bitcoin is pushing towards $40,000, a psychological level, Federal Reserve Chair Jerome Powell spoke on Wednesday after the central bank hiked a benchmark interest rate by half a point and said June would come initiate a multi-million dollar balance sheet contraction. Powell said the Fed is not actively considering a 75 basis point rate hike, …

Bitcoin surges to $40,000 as Fed Chair Jerome Powell said the central bank is not actively considering a 75 basis point hike Read More »

These are the BTC price levels to observe as Bitcoin risks worst Apr on record

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Bitcoin price action is down 15% this month while April should historically bring gains. Bitcoin (BTC) is at a historically important price point for Hodler, but where could it go in the coming days? As the monthly shutdown looms and several countries gear up for the May holidays, traders are planning their options with some …

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Turkey’s 2d wave of important crypto interest: Bitfinex, Coinbase and KuCoin ramp up

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Crypto thought leaders from major exchanges share insights and analysis on Turkey’s burgeoning crypto landscape. Turkey is seeing a resurgence of interest in cryptocurrencies as major cryptocurrency exchanges enter the transcontinental country. From demographics to offline marketing to currency devaluation, there are many motivations behind the 84 million Turks who have signed up to the …

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Bitcoin is more than 40% below its ATH, but on-chain analysts say it is “starting to bottom.”

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Analysts say BTC’s weak point is exacerbated via way of means of institutional buyers exiting futures markets, however on-chain information suggestions that Bitcoin is in an early bottoming process.The cryptocurrency marketplace has skilled every other rollercoaster week that noticed Ether (ETH) rate drop underneath $3,000 and Bitcoin (BTC) rate hit a brand new multi-month low …

Bitcoin is more than 40% below its ATH, but on-chain analysts say it is “starting to bottom.” Read More »

Russian security agency wants exchanges to partake data with crime investigators

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The move comes with a proposed ban on advertising unlicensed crypto services. Russia’s Federal Security Service (FSB) and Ministry of Internal Affairs (MVD) have submitted their audit notes on the upcoming “crypto-law” being developed by the country’s Ministry of Finance. Law enforcement agencies are pushing to require crypto companies to share transaction data with investigators …

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Bitcoin becomes the official currency of the Central African Republic

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The Central African Republic has become the second country after El Salvador to recognize Bitcoin as its official currency. The country, which has large diamond, gold and uranium deposits, is still among the poorest countries in the world. The country, which has been the scene of armed conflicts for decades, is allied with Russia and …

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Bitcoin ATM installed in the Senate of Mexico

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Mexico’s Senate building is now home to the country’s 14th Bitcoin (BTC) ATM, a sign of the country’s growing interest in Bitcoin. The ATM was installed Tuesday with the support of several lawmakers, including Miguel Ángel Mancera, leader of the party’s parliamentary group. of the Democratic Revolution (PRD). Senator and outspoken cryptocurrency enthusiast Indira Kempis …

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The mining report shows that Bitcoin’s electricity consumption fell by 25% in the first quarter of 2022

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At the cease of May final 12 months, Tesla’s Elon Musk satisfied bitcoin enterprise leaders to shape a Bitcoin Mining Council (BMC) and in mid-July, the BMC released its public offerings and website. On April 25, 2022, the business enterprise posted a record that discusses the bitcoin mining enterprise’s enhancements in sustainable strength use throughout …

The mining report shows that Bitcoin’s electricity consumption fell by 25% in the first quarter of 2022 Read More »

Bank of Spain report Warns approximately Cryptocurrency usage and Its effect on economic balance

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The financial institution of Spain has issued a new record that touches almost about the popularity of cryptocurrency usage and the viable consequences it’d have at the economic stability of the state. Inside the document, the bank explains that these assets — which ostensibly don’t have any form of guide at the back of them …

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