Monday, April 29, 2024
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Bitcoin’s Impending Golden Cross May Bolster Bulls

The 50-day moving average (MA) of bitcoin’s price looks set to cross above the 200-day MA within two to three days. The resulting "golden crossover," a long-term bull market...
The number of computers running the Bitcoin program fell to its lowest level in almost three years, according to data calculated by one prominent Bitcoin developer.

Bitcoin Node Count Falls to 3-Year Low Despite Price Surge

Bitcoin’s total node count fell below 47,000 on Monday, a level not seen since 2017, based on estimates determined by a well-regarded Bitcoin developer who goes by the name...
Oil spill cleanup. (Credit: Shutterstock/Tigergallery)

Bitcoin Under Pressure After Oil Prices Crash to Record Lows

The top cryptocurrency by market value is changing hands near $6,820 at time of writing, having faced rejection above $7,200 yesterday., according to CoinDesk's Bitcoin Price Index.
Bitcoin's price jumped close to $500 early on Thursday, triggering liquidations worth millions on crypto derivatives exchange BitMEX.

Bitcoin Price Spikes Above $7.1K, Liquidating $23M on BitMEX

The top cryptocurrency by market value picked up a bid around $6,650 and rose to a high of $7,145 in the 90 minutes to 08:30 UTC, according to CoinDesk's Bitcoin...
Taiwan-based tech giant HTC will allow users of its Exodus blockchain phone to mine cryptocurrency, but it isn't going to make them rich.

HTC Is Bringing Cryptocurrency Mining to Its Exodus Blockchain Phone

As reported by Forbes on Friday, the firm has partnered with Mida Labs to use its DeMiner app on the Exodus 1S model. The app allows users to mine monero (XMR) and can...
Greenidge Generation's bitcoin mining facility, image via Greenidge

New York Power Plant Sold Up to 30% of Its Bitcoin Mining Hash Rate...

The firm said in an announcement on Friday that the deal, brokered by BitOoda Digital, proceeded the sale of 106,000 terahashes per second (TH/s) of bitcoin mining power to...
MUMBAI — India, the world’s second-most populous country, is increasingly embracing cryptocurrencies amid domestic economic issues and the nationwide coronavirus-related lockdown.

Crypto Trading Volumes Rise in India After Banking Crisis, COVID-19 Lockdown

It started on March 4 when the country's highest court quashed a Reserve Bank of India (RBI) order dated April 6, 2018, which prohibited banks from providing services to entities dealing...
If the privacy and scaling upgrade Schnorr/Taproot makes it into bitcoin (BTC), it could pave the way for advanced and heretofore impossible projects. That is, as they say, good for bitcoin.

Bitcoin’s Future: Exactly How a Coming Upgrade Could Improve Privacy and Scaling

Schnorr/Taproot has made a great deal of progress recently, moving from a theoretical privacy and scaling idea into actual code. But while the community is very excited about its future,...
Abu Dhabi Credit: Shutterstock

Why Are Crypto Companies Going to Abu Dhabi?

Being on the borders of a desert, where temperatures easily surpass 40 degrees Celsius in the summer, life in Abu Dhabi is a struggle. With little natural drinking water,...
While bitcoin has climbed sharply from recent lows below $4,000, it's still on track to end March with a double-digit price loss.

Bitcoin’s Recent Recovery Won’t Salvage a Terrible Month for Prices

The top cryptocurrency by market value is currently trading near $6,440, representing nearly a 68 percent rise from the low of $3,867 registered on March 13. Even so, prices...