On-chain data shows the Bitcoin short-term holder SOPR has broken above one for the first time since December 2021. Bitcoin Short-Term Holders Return To Profit Once Again As pointed out by an analyst in a CryptoQuant post, the BTC STH SOPR has once more broken past the “one” barrier. The “Spent Output Profit Ratio” (or
Bitcoin News
Bitcoin (BTC) has come a long way since an obscure and esoteric white paper written by Satoshi Nakamoto was first published 13 years ago. The Bitcoin 2022 conference, sponsored by Cash App, was perhaps the largest single event for the BTC community as 30,000 attendees and exhibitors descended on Miami Beach, according to the Miami
Bitcoin miners have received their third break this year as the network’s mining difficulty adjusted downward by 1.26% on April 14 at block height 731,808. Currently, miners have more than 200 exahash per second (EH/s) in computational power dedicated to mining the Bitcoin blockchain as hashrate increased after the difficulty reduction. Additionally, bitcoin miners have
Bitcoin (BTC) held on to fresh gains on April 14 after a rebound in line with Wednesday’s Wall Street open flipped the mood. $40,500 now the level to hold Data from Cointelegraph Markets Pro and TradingView showed BTC/USD still trading above $41,000 Thursday, having reclaimed the $40,000 mark during the move higher. “So far so
Bitcoin and Ethereum had led the market in the recent price decline. It has led to a lot of profit-taking on the part of investors that want to avoid incurring more losses in the long term. Nevertheless, investors remain undeterred as they continue to accumulate coins. The result of this has been intense outflows for
Requests for comments on a proposal urging the Wikimedia Foundation to stop accepting donations in cryptocurrency have closed, with the majority of users voting in favor. According to a Tuesday update on the proposal, roughly 71%, or 232 out of 326, Wikimedia contributors who responded requested that the Wikimedia Foundation — the nonprofit that hosts
Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. At the end of March, investigative journalists, Pam and Russ Martens from Wall Street on Parade, uncovered $3.84 trillion
Bitcoin (BTC) saw a welcome break from downside at the Wall Street open on April 13 as United States equities opened in the green. Sub-$39,000 BTC price target remains Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to local highs of $40,965 on Bitstamp as trading began on April 13, its best in over
Data shows the number of active Bitcoin entities has been steadily going up, but the growth pattern still remains in the bear market channel. Number Of Active Bitcoin Entities Continues To Remain In Bear Market Channel As per the latest weekly report from Glassnode, the number of active BTC entities has observed a persistent user
Extreme fear is once again the dominating sentiment across the cryptocurrency community after Bitcoin (BTC) faced another day of trading below the $40,000 level and the United States grapples with the highest Consumer Price Index (CPI) print since 1981. Data from Cointelegraph Markets Pro and TradingView shows that an early morning attempt to rally above
Paris Blockchain Week Summit (PBWS), a flagship European blockchain conference hosted at Palais Brongniart in Paris, started on Wednesday with an all-star cast. Fresh after announcing its French version, Cointelegraph has set up a team for the event to present the latest updates for the event in a real-time fashion. The first day of event
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News
Rappi, one of the biggest delivery companies in Latam, has launched a pilot project with the objective of accepting cryptocurrencies as a payment method. Users will be able to buy Rappi credits with cryptocurrency to spend later on various services offered by the app. This functionality will only be available for users of these services
press release PRESS RELEASE. The global cryptocurrency market is experiencing an unprecedented boom. The market is at $2 trillion dollars and growing. MappedSwap is launching a promotional campaign from April 13th – May 12th. During that period they plan to give more than 800,000 MST in total as well as provide referral and staking rebates
A new study has revealed staggering growth in crypto adoption across Nigeria, fueled by limited access to affordable fiat-based financial services in Africa. Crypto exchange KuCoin’s “Into the Cryptoverse Report” highlights that many Nigerian citizens have started using cryptocurrencies as a viable alternative to store and transfer assets. According to the report, 35% of the
Bitcoin fell 15% in the last 24 hours, plunging below $40,000 for the first time since middle of March. Meanwhile, Ethereum was down 14%, retreating below the $3,000 level for the first time since March 22. BTC was trading at $39,783 at the time of writing, while Ether (ETH) fell to $2,978.54, according to Coingecko