Bitcoin News
Market Wrap: Bitcoin Dips; Trading Range Could Result in Sharp Price Swings
Analysts expect two or three months of price stabilization before a recovery. Others expect greater volatility.
Data Suggests Number of Ordinary Russians Adopting Crypto Is on the Rise
In today’s “Chart of the Day” segment, Christine Lee presents a chart illustrating that the number of bitcoin addresses holding more than or equal to one dollar is rising alongside trading volume in Russia, possibly indicating that the crypto is being adopted as a financial safe haven by everyday Russians to preserve wealth and not by warmongers looking to avoid sanctions. Plus, data regarding investments flows into crypto funds.
Bitcoin Holding Support Above $35K-$37K, Resistance at $45K
BTC appears to be oversold on intraday charts, although momentum has weakened.
Crypto-Fund Inflows Tripled Last Week to Highest in Almost Three Months
A net $127 million went into digital-asset funds during the week ended March 4, with minor outflows in Europe and large inflows in the Americas.
Russia-Ukraine’s Impact on Crypto, Oil and More
Ben McMillan of IDC Digital Assets joins “First Mover” to address the current state of the crypto markets as Russia’s invasion of Ukraine shows no signs of slowing down. McMillan addresses the soaring price of oil as Western countries are mulling a Russia oil ban.
Core Scientific Plans to Increase Hashrate to 42 EH/s by Year End
The miner said demand for its hosting capacity remains strong and continues to exceed available supply.
Bitcoin Creeps Toward $40K as Surging Oil Prices Create Bear Market Worry
The largest cryptocurrency's upward move came as stocks fell due to concerns over mounting inflationary pressures.
It’s Complicated: The Relationship Between Crypto and NFTs
Is there any correlation between the NFT and crypto markets? Bybit’s lead tech writer looks at some of the theories.
Hive to Buy Intel Mining Chip That Can Raise Hashrate by 95%
The crypto miner also signed a new 100MW power deal with Compute North in Texas.
First Mover Americas: Investors See Bitcoin as Inflation Hedge, Nickel Digital's Survey Shows
The latest moves in crypto markets in context for March 7, 2022.
