October 2022 / 90 posts found
Market Wrap: Bitcoin, Ether Continue Their Sideways Moves as the World Twists and Turns
Cryptocurrency James Rubin is CoinDesk’s U.S. news editor based on the West Coast. Glenn C Williams Jr, CMT is a Crypto Markets Analyst with an initial background in traditional finance. His experience includes research and analysis of individual cryptocurrencies, defi protocols, and crypto-based funds. He owns BTC, ETH, UNI, DOT, MATIC, and AVAX Bitcoin is certainly liking the air above $19,000. The largest cryptocurrency by market value remained above this threshold for the 14th consecutive day as investors continued to digest a range of issues that have been plaguing markets for weeks or longer. Bitcoin was recently trading at about […]
Core Scientific Again Raises Bitcoin Mining Hosting Rates
Eliza Gkritsi is CoinDesk’s crypto mining reporter based in Asia. The world’s largest bitcoin miner, Core Scientific (CORZ), raised its rates for hosting other companies’ machines to just under 10 cents per kilowatt hour, two people familiar with the matter told CoinDesk. It’s the latest price hike for Core Scientific, which had previously raised its rates by 20%-25% in recent months because of soaring energy costs. With the price of bitcoin stubbornly hanging around in the $20,000 area, the boosted costs make it even more difficult for miners to break even. Hosting is a service that data centers provide to […]
La caída de bitcoin podría continuar si la fortaleza del dólar se mantiene en los próximos trimestres, según Goldman Sachs
Cryptocurrency Stephen Alpher is CoinDesk’s co-regional news chief, Americas. He holds BTC and ETH above CoinDesk’s disclosure threshold of $1,000. Un pico en el dólar estadounidense “parece estar a varios trimestres de distancia”, dijo el estratega de Goldman Sachs Kamakshya Trivedi en un artículo para los clientes del banco. Read this article in English. “No esperamos que la Fed comience la flexibilización hasta el 2024, y un descenso en el crecimiento también parece estar a meses de distancia”, escribió. Al observar lo que pasó en los años 70, un período de alta inflación como el actual, Trivedi notó que el […]
XRP, ADA Riding High On “Crowd Bullishness” In Q4: Report
You are here: Home/ News/ Altcoin News/ XRP, ADA Riding High On “Crowd Bullishness” In Q4: Report October 21, 2022 by Lipika Deka XRP along with Cardano [ADA], Bitcoin [BTC], and Binance Coin [BNB] is savoring positive crowd sentiment for the approaching Quarter 4, data aggregator Santiment indicated. “The crypto crowd is far from euphoric toward markets. But the persistent negativity and bearishness have faded as traders anticipate a rebound here in Q4. XRP, ADA, BTC, and BNB all indicate crowd bullishness,” while adding ETH has turned “slightly bearish”. In particular, as of October 20, the trader sentiment was at […]
Tron Development Activity Grows In The Last 7 Days – Except TRX Price
Tron (TRX) welcomed the second week of this month with the news of its coin becoming a legal tender in the Commonwealth of Dominica announced by no less than its blockchain founder, Justin Sun. Technical indicators for TRON are confusing as of this time TRX could surge all the way to $0.0678 after 30 days Tron network’s development activity surges over the last few days With the development, the crypto, along with other Tron minted coins such as BTT, JST, NFT, USDD, USDT and TUSD, can now be used as medium of exchange within the island nation. Meanwhile, just last […]
Here’s The Timeline, When Bitcoin Price Will Initiate Fresh Rally!
Cryptocurrency At the time of publication, Bitcoin is changing hands at $19,181 after a plunge of 0.50% over the last 24hrs and this bearish movement has been observed for more than two months now. A few days back, the flagship currency surged above $19,500, but the bulls couldn’t maintain the pace. Bitcoin started its downward journey after BTC made its first decline towards $19,300 and then $19,200. Before reclaiming the $19,000 area, the King’s currency had plunged below $18,500. Now, the immediate resistance lies at $19,200 while the support is positioned at $19,000. Bitcoin Bull Run Soon As the lead […]
The Biggest Alt-Season Since 2017 is Almost Here! Altcoin Market Cap To Surge Beyond $1T?
The crypto space appears to be heating up, as the majority of assets have recently displayed extreme volatility. While the Bitcoin price remains sideways, the altcoins are gearing up, displaying significant bullish momentum. Although the whales and institutional investors have remained calm for a long time, retail traders’ interest has recently increased. Hence the negative & bearish sentiments for the popular altcoins have faded in recent times. The above report also suggests that traders are expecting Bitcoin & popular altcoins to gear up in Q4 2022. Interestingly, sentiments toward Ethereum have become extremely bearish, possibly as a result of the […]