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“# Price analysis 2/21: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT ” Bitcoin (BTC) dipped below $38,000 on Feb. 21 but the bulls are attempting to arrest the decline and start a recovery. The sustained weakness in 2022 seems to have toned down expectations of a strong rally. Huobi crypto exchange co-founder…
“# Kazakhstan likely to lose Bitcoin hash rate leadership in next index update ” Kazakhstan, one of the world’s top Bitcoin (BTC) mining locations, is likely to lose its BTC hash rate share leadership in the next hash rate distribution update, according to industry experts. According to Cambridge Bitcoin Electricity Consumption Index (CBECI), Kazakhstan was…
“# Georgia punches well above its weight for Bitcoin mining: Report ” At first glance, the pint-sized Republic of Georgia is an unlikely suspect for Bitcoin (BTC) mining activity. An underdog for mining, the country boasts abundant hydropower while ranked seventh worldwide for the World Bank’s ease-of-doing-business index — ahead of the United Kingdom and Germany….
“# Intel unveils 2nd-gen Bonanza Mine chip for efficient Bitcoin mining ” Computer chip manufacturing giant Intel Corporation shared details of a new mining chip that will be coupled with a high-performance 3,600 Watt miner with the ultimate goal of improving Bitcoin (BTC) mining efficiency. Intel revealed its second-generation BTC mining setup during the IEEE International…
“# ‘Coin days destroyed’ spike hinting at BTC price bottom? 5 things to watch in Bitcoin this week ” Bitcoin (BTC) heads into the last week of February lower but showing signs of strength as a key support level holds. After a nervous few days on macro and crypto markets alike, BTC/USD is below $40,000,…
“# Future of finance: US banks partner with crypto custodians ” Grayscale Investments’ latest report “Reimagining the Future of Finance” defines the digital economy as “the intersection of technology and finance that’s increasingly defined by digital spaces, experiences, and transactions.” With this in mind, it shouldn’t come as a surprise that many financial institutions have…
“# Top 5 cryptocurrencies to watch this week: BTC, LEO, MANA, KLAY, XTZ ” Russia’s massive build-up of soldiers, warplanes, equipment and extended military drills near Ukraine’s borders increased fears of a possible invasion within the next few days. That could have renewed selling in Bitcoin (BTC), which plummeted below the strong support at $39,600….
“# Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target ” A potential decoupling scenario between Bitcoin (BTC) and the Nasdaq Composite can push BTC price to reach $100,000 within 24 months, according to Tuur Demeester, founder of Adamant Capital. Bitcoin outperforms tech stocks Demeester depicted Bitcoin’s growing market valuation against…
“# Bitcoin price dips below $38K as crypto sentiment nears ‘extreme fear’ ” Bitcoin (BTC) saw its first dive below $38,000 in over two weeks on Feb. 20 as macro triggers rattled low-volume weekend markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader on BTC: “Nothing to get excited about” Data from Cointelegraph Markets Pro…
“# BTC helped us unseat a 20+ year incumbent: Aarika Rhodes on Bitcoin Day ” Aarika Rhodes, an elementary school teacher-turned congressional candidate, recently featured in the Bitcoin Day Sacramento 2022 event to discuss the impact of Bitcoin (BTC) in local politics. Speaking to Cointelegraph, Rhodes highlighted the difficulty for grassroots candidates like herself to…