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“# Bitcoin hash rate nears record 200EH/s as 100K BTC turns ‘illiquid’ every month ” Bitcoin (BTC) is about to hit a new all-time high in one essential area — and major mining pools have likely already clinched the title. Data from monitoring resource MiningPoolStats shows that, as of Dec. 20, the Bitcoin network hash…
“# Bitcoin price flatlines as XRP hits $1 with ‘massive’ altcoin move set for 2022 ” Bitcoin (BTC) stuck rigidly to its tight range on Dec. 23 as price action continued to contradict strong buying activity. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hodlers busy accumulating Data from Cointelegraph Markets Pro and TradingView showed BTC/USD failing…
“# Retailers to drive crypto payments adoption: Survey ” Crypto payments might be the innovation companies are looking for. A recent survey by payment network Mercuryo revealed that 57% of respondents believe accepting cryptocurrency payments would give companies a competitive edge. Among the other standout statistics, more than a third of businesses reported that customers…
“# Paraguay moves a step closer to regulating digital currency ” On Dec. 17, 2021, the Senate of Paraguay approved a cryptocurrency bill introduced in July. The provisions, which define several key terms including virtual assets and call for licenses to mine cryptocurrencies, will now be sent to the Deputy Chamber for further deliberation. Senator…
“# Price analysis 12/22: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE ” Bitcoin (BTC) is attempting to break above the psychologically critical level at $50,000 and close the year on a strong note. The up-move in Bitcoin has led to a sharp recovery in the value of the Crypto Fear & Greed…
“# Bitcoin holds off on Santa rally as fund forecasts a new year ‘short squeeze’ ” Bitcoin (BTC) stayed rangebound after hitting ten-day highs on Dec. 22 amid fresh warnings over market “complacency.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView How about a new year squeeze? Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as…
“# Pakistanis have $20B in crypto assets, says head of local association ” Nasir Hayat Magoon, The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has stated that Pakistani citizens have a combined crypto assets value of $20 billion. During a news conference, the FPCCI president said that Pakistanis’ digital currency valuations…
“# Arsenal football club in dispute with ASA over ‘irresponsible’ crypto ad ” The Advertising Standards Authority (ASA), a body that oversees advertising in the United Kingdom, is cracking down on non-compliant crypto advertisements. Earlier this year, Arsenal became one of the many football clubs to collaborate with blockchain firm Chilliz and launch a fan…
“# Missed out on hot crypto stocks in 2021? It paid just to buy Bitcoin and Ethereum, data shows ” Bitcoin (BTC) may have fluctuated in price this year, but BTC remains a better play than the biggest crypto stocks. New data currently circulating shows that for all the growth in the industry surrounding Bitcoin,…
“# Bitcoin nears $50K — here are the BTC price levels to watch next ” Bitcoin (BTC) neared $50,000 on Dec. 22 as hopes began to appear that the price correction could be over. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Get bullish once $50,500 breaks — analyst Data from Cointelegraph Markets Pro and TradingView showed…