Bitcoin’s recent price movements have caused concern among investors about what might come next. However, by looking at key indicators such as the 200-week moving average, Pi Cycle Top Indicator, and the Golden Ratio Multiplier, we can gain insights into…
Category: Crypto Flash News
Bitcoin Surges to $60,000 as Markets Brace for Potential Fed Rate Cut
Bitcoin has climbed back to $60,000, fueled by anticipation of a Federal Reserve interest rate cut expected next week. Bitcoin’s rally comes as markets prepare for the possibility of a 25-50 basis point rate reduction, a move that many believe…
Detroit Aims to Drive Digital Asset Innovation on Day Three of the America Loves Crypto Tour
Crypto-natives and fans of Detroit rapper Big Sean flocked to the Lager House, just outside of downtown Detroit, for the third stop of the America Loves Crypto Tour. The event provided both an evening of live entertainment and a call…
MicroStrategy Buys Additional $1.11 Billion Worth of Bitcoin
MicroStrategy announced it had purchased 18,300 Bitcoin for $1.11 billion, boosting its total holdings to 244,800 BTC acquired for $9.45 billion. BREAKING: MicroStrategy buys an additional 18,300 #Bitcoin for $1.11 billion. pic.twitter.com/qhMg5EOqUF — Bitcoin Magazine (@BitcoinMagazine) September 13, 2024 The…
Bitcoin and Crypto Exchange HTX To Integrate Lightning Network
HTX, one of the largest Bitcoin and crypto exchanges globally, announced it will be integrating the Bitcoin Lightning Network in partnership with Bitcoin firm IBEX. JUST IN: Bitcoin and crypto exchange HTX to integrate #Bitcoin Lightning into its platform. HTX…
Japan’s Largest Power Company TEPCO is Mining Bitcoin Using Renewables
Tokyo Electric Power Company (TEPCO), Japan’s largest electricity provider, has begun mining Bitcoin through its subsidiary Agile Energy X using excess renewable energy that would otherwise be wasted, as per reports from Asahi. JUST IN: 🇯🇵 Japan’s largest power company…
Bitcoin Mining Difficulty Hits Record 92 Trillion
The Bitcoin mining difficulty reached a new all-time high of 92.67 trillion on September 11. This represents a 3.04% increase over the last 24 hours and continues an upward trajectory in mining competition. JUST IN: #Bitcoin mining difficulty hit a…
Trump Election Victory Could Send Bitcoin to $125,000, Says Standard Chartered Analyst
According to Geoff Kendrick, Head of Crypto Research at Standard Chartered bank, a Donald Trump victory in the 2024 U.S. presidential election could drive Bitcoin to $125,000. However, Kendrick notes that new all-time highs (ATHs) for Bitcoin are likely no…
Revolutionizing Bitcoin Mining: The Power of Three-Phase Systems
Bitcoin mining has seen exponential growth since the first ASIC miner was shipped in 2013, improving hardware efficiency from 1,200 J/TH to just 15 J/TH. While these advancements were driven by better chip technology, we’re now reaching the limits of…
UK Parliament Introduces Bill to Recognize Bitcoin and Crypto as Personal Property
The UK Parliament has introduced the Property (Digital Assets etc) Bill today to officially and legally recognize Bitcoin, cryptocurrency, and other digital assets as personal property. With this new legislation, for the first time, British law would officially protect digital…