Decline in Bitcoin-denominated open interest rates sees funding rates fall below neutral
Bitcoin funding rates have been on a bearish trend for the past few months. It has now spent one of its longest stretches in neutral and...
Tagged: bitcoin
Can Youniverze Finance, Bitcoin and Ethereum Help Revive the Bearish Market?
This summer has been a difficult period for crypto investors. It has seen prominent cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Terra (LUNA)...
Bitcoin Mining Difficulty Increases For Second Consecutive Time – It’s Now 0.63% Harder To Find A BTC Block – Mining Bitcoin News
On August 18, 2022, Bitcoin mining difficulty increased again after the 1.74% increase two weeks ago on August 4. At block height 749,952 at At 7:07...
Bitcoin long-term owners have shed 150k BTC since the LUNA Crash
Data shows that the total supply held by Bitcoin’s long-term holders has decreased by 150k BTC since the LUNA crash. Long-term owners of Bitcoin have dumped...
Options data shows that Bitcoin’s short-term uptrend is at risk if BTC falls below $23K
Bitcoin (BTC) briefly broke above $25,000 on August 15, but the surge lasted less than an hour and was followed by a 5% retrace over the...
Canadian exchanges’ cap on annual purchases only excludes Bitcoin, Ethereum, Litecoin and Bitcoin Cash
Source: AdobeStock / butenkow In line with the regulations, Canadian crypto exchanges are introducing measures to limit the annual purchase limit for selected crypto assets to...
Ethereum’s “Merge” Is a Big Deal for Crypto—and the Planet
Cryptocurrencies are often criticized for being bad for the planet. Every year, bitcoin mining consumes more energy than Belgium, according to the University of Cambridge’s Bitcoin...
OTR, Peregrine Corp Dealers Now Accepting Bitcoin – Bitcoin Magazine
Australian consumers can now use bitcoin for everyday purchases at over 175 OTR locations and 250 Peregrine Corp. locations. OTR partnered with Crypto.com to provide instant...
Bitcoin Mining Company returns over 26,000 rigs to bail out of ballooning debt
Bitcoin mining may offer some promises of happiness, but given the unpredictable nature of bitcoin and other cryptocurrencies, the activity can go sideways, forcing even the...
Experts Predict When Bitcoin (BTC) Rally May End This Year
In a market cycle full of uncertainty, the right timing of investment decisions becomes crucial for investors. The current cycle makes it even more difficult to...