Wolf of All Street’s host Scott Melker is constructive on Bitcoin. He explained why in an interview with Yahoo Finance today. BTC has tumbled from $31,000 to $26,000 in about six weeks. Bitcoin is still a bull market despite the sharp sell-off in recent weeks,
Bitcoin price has formed a double-top pattern on the daily chart. It has also formed a bearish flag pattern on the four-hour chart. Bitcoin price remained in a tight range this week as concerns about the industry continued. The BTC/USD pair was trading at 26,000,
Key Takeaways Bitcoin’s correlation with gold is currently at its lowest level since FTX collapsed in November Our Head of Research writes that while one day Bitcoin may become a store of value, the numbers say it currently trades like an extreme risk-on asset Bitcoin
The crypto fear and greed index has moved to the greed area of 62. Bitcoin price has more upside in the next few weeks to hit $40k. Crypto fear and greed index has moved to the greed area ahead of the upcoming Bitcoin options expiry. Bitcoin
The “State Precious Metals Depository Study” bill received bipartisan support and passed 75-38. North Carolina could look into adding Bitcoin to its State Treasury if the bill is passed. In May, the house voted for another bill that seeks to ban CBDCs in the state.
Key Takeaways Bitcoin mining stocks have underperformed Bitcoin heavily over the last year Greater competition among miners and higher amounts of energy required means margins are thinner Rising electricity costs and lower value of Bitcoin have also hurt miners immensely Greater number of variables beyond
CleanSpark will complete the $9.3 million all-cash deal for the two turnkey Bitcoin mining facilities this week. The facilities in Dalton, Georgia, will host 6,000 Antminer S19 XPs and S19J Pro+ rigs. CleanSpark CEO Zach Bradford says the deal puts the miner on track to
Anastasia Amoroso explains why bitcoin has been on a tear recently. She sees the world’s largest cryptocurrency as a tech asset. Bitcoin is currently up roughly 80% versus the start of the year. Bitcoin has been on a tear ever since the Federal Reserve skipped