Summary:Bitcoin fell from $41k to $30,300 in lower than 48 hoursThis is a drop of over $10k or 26%Bitcoin has because rebounded and rejected on the $36,SIX HUNDRED price spaceOn The Other Hand, $38k may well be imaginable and then Bitcoin’s bullish momentum will decelerateThis prior week’s weekly shut will
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Fast take:The Day Gone By, John Bollinger had advised that Bitcoin’s strive at $20k is a vintage best setupBitcoin has because dropped from $19,900 to $18k in a flash crashThe 50-day moving moderate looks like an even area for a bounceOther macro enhance zones lie at $SIXTEEN,THREE HUNDRED, $15,600 and
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Fast take:Microstrategy CEO, Michael Saylor, has when compared Bitcoin to a dragon so that you can in the end consume the kingdom of GoldHis feedback were in reaction to the CIO of BlackRock, talking about Bitcoin sooner or later replacing Gold as a shop of value and a choice of
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Summary:MicroStrategy CEO, Michael Saylor, has declared that he personally owns 17,732 BitcoinHis revelation comes after queries about how much Bitcoin he ownsMr. Saylor explained that he bought the Bitcoins at an average entry price of $9,882He declared his holdings to MicroStrategy before it bought its stash of 38,250 BTCThe company
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Crypto Miners Wiped Out in Chinese FloodWhile Bitcoin is a digital technology, natural disasters still affect this nascent ecosystem. Poolin, a prominent cryptocurrency mining pool, recently posted an image on Twitter of a flood “DEVASTATING” a mining farm in the Sichuan region of China.2/2 clip of personnel digging out miners
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With ever-increasing hashrates and mining difficulty, the power consumption of cryptocurrency mining is set only to climb higher.Ever since the price of Bitcoin surged in 2017, media attention turned to cryptocurrency mining’s energy consumption and the consequential environmental footprint. In a world becoming ever more dedicated to stopping climate change,
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While Bakkt’s Bitcoin futures are here, the crypto market has been struggling. Litecoin, the fifth-largest cryptocurrency market capitalization, fell off a proverbial cliff earlier this hour.As of the time of writing this article, Litecoin is trading at $66.75, having lost 8% in the past 24 hours. Bitcoin, for some perspective,
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