Bitcoin Financial News

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Bitcoin, the world's most valuable cryptocurrency, dropped more than 2% today to $19,061. At the time of writing, the total market capitalization of cryptocurrencies is $920 billion, just shy of $1 trillion.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

According to the latest data collected from BTC.com, Bitcoin mining difficulty has increased by 13.55% since the last adjustment around two weeks ago. 

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global crypto market has recovered a bit as compared to the past week. Bitcoin has failed to hold above $20,000 level the previous week due to lack of buying activity but has traded above its psychological support this week in line with equities. It seems like the market participants are on their risk appetite to start a new quarter. Bitcoin has traded sideways most of the week as investors return to more macroeconomic cautiousness. Even though Bitcoin successfully traded above $20,000, it struggled to move above it. Its dominance in the market, however, increased to 41 per cent from 39 per cent on September 10, 2022. This indicates that the market participants are choosing Bitcoin over other assets for its comparatively stable nature.The whale accumulation and the US dollar index rising to a 20-year high are the reasons for BTC’s growth in the past few days.

crypto tokens were back in the green during the early hours of Asian trade on Monday. However, the gains were limited considering inflation fears across the globe.Bitcoin slipped below the$20,000 mark, whereas Ethereum was slightly above $1,300. Investors across the globe will be keenly looking at the inflation data and the US Fed minutes of themeeting scheduled this week. All the crypto tokens were trading higher on Monday, but the gains were capped. XRP jumped as much as 4 per cent, whereas Polkadot and Polygon gained 3 per cent each. Solana was up 2 per cent. The global cryptocurrency market cap was trading marginally higher at $944.94 billion, rising about a per cent in the last 24 hours. However, the total trading volume gained as much as 2 per cent to $33.20 billion.

Salvadorans who heeded advice to HODL the Bitcoin (BTC) they were handed out as a “golden hello” for downloading the state-run Chivo app may be ruing their decision, a new report has claimed. But there could be a silver lining for late adopters – who may be in for a windfall.

Most cryptocurrencies were trading in the negative early on October 11, as the global crypto market cap fell 3.26% on the previous day to $916.30 billion. Over the last 24 hours, however, overall crypto market volume increased by 63.81% to $54.09 billion.

Major cryptocurrencies were trading in the red early on October 11 as the global crypto market cap decreased 3.26 percent to $916.30 billion over the last day. On the other hand, the total crypto market volume jumped 63.81 percent to $54.09 billion over the last 24 hours.

Hedge fund billionaire Paul Tudor Jones was one of the most vocal Bitcoin bulls in 2020. Today he stated 'I still have a minor allocation to Bitcoin', and that he always will.

The broader mining macro environment caused the Bitcoin [BTC] mining euphoria to come to an abrupt halt in 2022. Reasons vary from regulatory hiccups to ESG concerns, and much more. But could this narrative change as BTC miners seem to have found affection towards mining?

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

Bitcoin [BTC] just kicked off another week with its price restricted within a narrow range. What comes next and how soon will it come? These are some of the questions that many investors are curious about. Latest observations such as a new high for BTC’s leverage ratio may change the dynamics in the coming days.

In what is a major development, the latest figures associated with crypto-declarations have been released by Receita Federal do Brasil (RFB), Brazil’s leading tax authority. The numbers reveal that crypto-popularity is on the rise in the South American country. Under Brazilian law, entities are required to declare information about activities related to crypto. The declarations for the month of August 2022 have set a new record with 12053 entities revealing crypto-holdings on their balance sheets. 

The Bitcoin (BTC) price could reach as high as $100,000 or more by 2025 if the popular Bitcoin Rainbow Chart model is to be believed.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

If there’s one thing practically every cryptocurrency holder or speculator has attempted to do, it's predict or identify the bottom of a bear market for the bitcoin price.