Crypto #investor, #trader, and Bitcoin #analyst, Lark Davis, says the next #Bitcoin cycle will be epic if history repeats itself. #BTC #Crypto #LarkDavis #BitcoinHalving #BitcoinCycle #Bullrun
On May 7th, Bitcoin miners’ income reached 945.73 BTC, with fee income accounting for 22.02%, indicating a significant increase in miner fee per block.
According to a Reddit user’s hypothesis, Bitcoin’s value has lately risen owing to institutional actors influencing the market, including Binance CEO CZ.
Since 2021, Bitcoin, the largest cryptocurrency by market value, has displayed a golden cross on the 1-day chart and a death cross on the 1-week chart.
CryptoQuant’s CEO Ki Young Ju concluded that whales began to accumulate Bitcoin on while it’s on $20k level.
NASDAQ-listed Bitfarms has reached its 4 Exahashes/second (EH/s) milestone after starting its Argentina operations. Bitfarms will launch its second bitcoin mining farm possibly by Q2 2023. Meanwhile, Bitcoin has crashed alongside stocks and precious metals and is trading at $18,705.60. Bitfarms, a bitcoin (BTC) mining company that is publicly listed on NASDAQ, has achieved its 4 Exahashes/second (EH/s) milestone. This achievement occurred after the company started its mining operations in Rio Cuarto, Argentina. According to the company’s press release, the newest Argentina farm is its 10th site. The achievement came amid BTC suffering another crash. At the time of writing,
The Bitcoin (BTC) price fell unexpectedly as it dips towards $18,000. As the price continues to fall, a crypto enthusiast shares their analysis for the masses. The analysis goes into detail on what needs to happen for the price to stop dropping. A closer look at the Bitcoin (BTC) charts could reveal why the crypto market took a sudden downward plunge today. In particular, one analyst shares their point of view and diagnoses the crypto market for the crypto community. The price of Bitcoin (BTC) fell hard today, it went from a price close to $20,000 to a price closer
Stripe has partnered with OpenNode, a Bitcoin payment solutions provider. The partnership will enable Stripe merchants to convert payments received into bitcoins. Stripe marketplace will go live in a couple of weeks, although developers can start creating their own apps. Global payments platform Stripe has revealed its partnership with OpenNode, a Bitcoin payment solutions provider. As a result of the collaboration, Stripe will enable its merchants to convert payments they receive into bitcoins. Specifically, the partnership will integrate the OpenNode Bitcoin payment app into the Stripe app marketplace. With Stripe’s huge user base extending to millions across different parts of
Bitcoin dropped below $33K after a continuous plummet from $36K. The downward pressure was due to increased interest rates imposed by the US Federal Reserve. Economists and crypto insights predicted it will hit $10K this year. The first cryptocurrency Bitcoin dropped below the $33,000 mark after falling by almost 6.9% in the past 24 hours and about 18.7% for the past seven days. According to the data from CoinMarketCap, the market capitalization of the largest cryptocurrency collapsed to less than $600 billion. Yet, that amount was sitting at more than $900 billion on March 28. The downward pressure started after
Goldman Sachs grants cash collateralized by Bitcoin. A spokeswoman said their structure and 24-hour risk management would make the deal more interesting. The investment bank has been increasing its exposure to cryptocurrency since last year. Wall Street giant Goldman Sachs, a leading global investment bank, has launched its first-ever loan backed by cryptocurrency. According to a report from Bloomberg on Thursday, Bitcoin owned by the borrowers can be used as collateral to avail of the loan. A spokeswoman for the bank disclosed in the report that the secured lending facility lent cash collateralized by borrowers who owned Bitcoin. Noting that
Roger Ver said DOGE is better, cheaper, and more reliable [than Bitcoin]. He praised Elon Musk for purchasing Twitter in the interview. Ver said: “I was never a Bitcoin or Bitcoin Cash maximalist.” Roger Ver, a pioneer investor, and Bitcoin supporter, has returned to posting in Twitter after a year. He also showed his support for Dogecoin in an interview. His enthusiasm and all-out support for Bitcoin and Bitcoin Cash have earned him the alias ‘Bitcoin Jesus’. According to an interview with Bloomberg, Ver said he preferred Dogecoin over Bitcoin for payments. He emphasized that he’s a fan of the
El Salvador announces the inauguration of its new pet hospital. This pet hospital is fully funded by the nation’s Bitcoin gains. President Nayib Bukele continues to make the best of Bitcoin for El Salvador. El Salvador continues to set the bar and dazzle the world with its latest good deed powered by Bitcoin. In detail, the nation announces the inauguration of a pet hospital fully funded by Bitcoin gains. Specifically, the inauguration of the pet hospital took place last night as an event. Here, President Bukele confirms that this was only possible thanks to surplus government funds from Bitcoin’s rise
