Cryptocurrency news

• 5 things about Texas crypto mining impacts - The Dallas Morning News

  01-11-2022 23:54 via news.google.com
  5 things about Texas crypto mining impacts  The Dallas Morning News
  
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• Research report outlines why the crypto market might be on the verge of a reversal

  01-11-2022 23:52 via cointelegraph.com
  The bottom might not be in, but a report from Arcane Research outlines how the crypto market could perform in the short, medium and long-term.
  
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• Bitcoin Price At Risk Of Further Squeeze, BTC Bulls Defend $20,000

  01-11-2022 23:47 via newsbtc.com
  The Bitcoin price is holding on at its current levels with bullish momentum fading on lower timeframes. The crypto market’s recent sideways price actions seem related to the upcoming macroeconomic events and their potential influence across global markets. At the time of writing, the Bitcoin price trades at $20,500 with sideways movement in the last 24 hours and a 6% profit over the previous week. Other cryptocurrencies in the top 10 by market capitalization are displaying strength as
  
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• Lightning Network releases emergency update after critical bug on LND nodes

  01-11-2022 23:45 via cointelegraph.com
  The bug led LND nodes to fail to sync chain in the second critical bug in less than a month.
  
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• South African grocery giant ‘Pick n Pay’ intends to accept Bitcoin in all stores nationwide

  01-11-2022 23:30 via cointelegraph.com
  The company said it will allow customers to pay with any bitcoin lightning-enabled app and QR codes for speedy payments.
  
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• Memecoin Cult Continues: Dogecoin And Shiba Inu In The Lead

  01-11-2022 23:27 via newsbtc.com
  October began with a decline in Bitcoin, altcoin, and memecoins like Dogecoin prices backed by the Fed’s quantitative tightening and interest rate hike. Bitcoin slumped below the 20k psychological level, giving rise to tensions among investors in the market.
  However, the month ended with a massive price rally for some altcoins across the market. While bitcoin price slumped below 20k and later made a recovery, Memecoins hit milestone gains, with DOGE increasing by 25%. SHIB and others follo
  
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• Crypto regulation is 1 of 8 planned priorities under India's G20 presidency, says finance minister

  01-11-2022 23:14 via cointelegraph.com
  Nirmala Sitharaman's comments came amid the Reserve Bank of India launching its digital rupee pilot program for the wholesale segment.
  
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• Crypto regulation is 1 of 8 planned priorities under India’s G20 presidency — Finance Minister

  01-11-2022 23:14 via cointelegraph.com
  Nirmala Sitharaman’s comments came amid the Reserve Bank of India launching its digital rupee pilot program for the wholesale segment.
  
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• Bitcoin Mining Giant Argo Blockchain Gets Negative Cash Flows And Stock Price Dips

  01-11-2022 22:57 via newsbtc.com
  Though the crypto winter seems to be over, its impact on Bitcoin and the crypto market still lingers. Several crypto-related firms have gone down the drain over the pressure in the market. Some are still battling to stay afloat despite the forces’ influence while managing their operations.
  Most companies related to Bitcoin mining are getting more heat from the fluctuating market trend. Most Bitcoin miners have shut down businesses, but some filed for bankruptcy as they couldn’t weath
  
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• How MoneyGram Will Let Users Trade Bitcoin And Crypto

  01-11-2022 22:12 via newsbtc.com
  According to a press release, payment company MoneyGram released a new Bitcoin and crypto service for its mobile app. The company lets U.S. customers purchase, sell, and hold digital assets on its platform. The service was launched with Coinme, a crypto exchange, and crypto service provider. MoneyGram and Coinme partnered in 2021. At that time, the partners launched the first in-store crypto trading service. This product allowed users to access Bitcoin and crypto across thousands of point-o
  
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• Core Scientific may consider bankruptcy following uncertain financial condition: Report

  01-11-2022 21:15 via cointelegraph.com
  The mining firm has cited the low price of Bitcoin, electricity costs, an increase in the BTC hash rate, and litigation with Celsius playing a role in its financial difficulties.
  
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• Binance Coin (BNB) Struggles To Break Above $335; Here Is What To Expect 

  01-11-2022 20:06 via newsbtc.com
  BNB’s price shows strength as it continues its rally, with eyes set on breaking its major resistance of $335, stopping the price from increasing. 
  BNB could rally more as the price creates a bullish bias and holds above resistance.
  BNB’s price remains strong on the daily timeframes as the price trades above the 50 and 200 Exponential Moving Averages (EMA).The price of Binance Coin (BNB) displayed an incredible price action as the price recaptured its key support of $270 after l
  
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• Bitcoin Miner Selling Power At Lowest For 2022, Green Sign For Market?

  01-11-2022 20:00 via newsbtc.com
  On-chain data shows the Bitcoin miner selling power is at its lowest for the year, something that could be favorable for the price of the crypto.
  Bitcoin Miner Selling Power Has Been Going Down In Recent Weeks
  As pointed out by an analyst in a CryptoQuant post, the metric has observed surges in its value a few times this year, and each time the BTC price has gone down.
  The “miner selling power” is an indicator that’s defined as the ratio between the Bitcoin miner outflows and t
  
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• 38% of US voters will consider candidates' position on crypto in midterms: Survey

  01-11-2022 20:00 via cointelegraph.com
  Initiated by Grayscale, the survey suggested crypto regulation was a bipartisan issue, with the majority of Democratic and Republican respondents saying they wanted clarity.
  
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• Theta Network Seems To Be Struggling, Will THETA Rebound?

  01-11-2022 19:49 via newsbtc.com
  The Theta coin price saw a spectacular rise in the midst of the crypto market rebound. It broke above the $1.1 resistance level, giving the bulls a springboard to extend their bull run. Still, buyers who have been waiting may get another chance to buy as the altcoin gets closer to the $1.2 resistance.
  However, it appears that THETA has increased too rapidly within a short time. With a 1.60% increase on the day and a seven-day chart representing a downhill trend in previous days, can we see Theta
  
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• Bitcoin Mining Firm Digihost Remains Debt Free Amid Bearish Market

  01-11-2022 19:43 via newsbtc.com
  Many Crypto and Bitcoin mining firms have recorded huge losses in 2022 due to the ongoing bear market and extreme economic conditions. As a result, some have packed up, while others declared bankruptcy amid the crypto winter. However, not all the crypto firms got severely affected during the crisis. Some have managed to rise from danger, while others are still struggling.
  A recent press release revealed that Digihost, a Canadian Bitcoin mining firm remains free from debts. The firm has managed t
  
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• 3 major mistakes to avoid when trading crypto futures and options

  01-11-2022 19:30 via cointelegraph.com
  Leverage and hedging strategies are powerful ways to use derivatives contracts, but traders usually succumb to these three major mistakes.
  
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• Bitcoin And The Dollar Reach Inverse Inflection Points | BTCUSD November 1, 2022

  01-11-2022 18:52 via newsbtc.com
  In this episode of NewsBTC’s daily technical analysis videos, we examine Bitcoin price following the October monthly close and new November candle open.
  Take a look at the video below:
  VIDEO: Bitcoin Price Analysis (BTCUSD): November 1, 2022Last night on Halloween we also had the October monthly BTCUSD candle close, which brought with it the start of a new November monthly candle and a reset of technical indicators.BTC Cost of Production On Par With 2018 Bear Market
  To start, we are lookin
  
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• Moneygram to enable users to buy, sell and hold cryptocurrency via mobile app - Cointelegraph

  01-11-2022 18:44 via news.google.com
  Moneygram to enable users to buy, sell and hold cryptocurrency via mobile app  CointelegraphLeading Global Payments Network MoneyGram to Offer Cryptocurrency Services  CryptonewsMoneyGram Allows Cryptocurrency Trading on Its App  CoinspeakerLitecoin Price Predictions: Can MoneyGram's Cryptocurrency Service Lift the LTC Crypto?  InvestorPlaceMoneyGram’s New Crypto Service Enables Customers to Buy, Sell and Hold Cryptocurrency via the MoneyGram App&nbs
  
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• Apple's absurd new crypto rules expose how out-of-touch it's become

  01-11-2022 18:44 via cointelegraph.com
  The rules, which include enormous fees for cryptocurrency users, set the company up for a fight it will be unable to win.
  
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• Apple’s absurd new crypto rules expose how out of touch it has become

  01-11-2022 18:44 via cointelegraph.com
  The rules, which include enormous fees for cryptocurrency users, set the company up for a fight it will be unable to win.
  
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• Moneygram to enable users to buy, sell and hold cryptocurrency via mobile app

  01-11-2022 18:43 via cointelegraph.com
  According to the company, users within select regions can now trade and store Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).
  
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• Bitcoin on-chain data flashes early signs of the BTC bottom being in

  01-11-2022 18:08 via cointelegraph.com
  BTC bulls aim to confirm $20,000 as support as fresh on-chain data begins to signal that the bottom might be in.
  
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• Price Surge Puts Majority Of Ethereum Investors In Profit

  01-11-2022 18:00 via newsbtc.com
  Ethereum investors have had a rollercoaster year in 2022. It has been both successful in some aspects and gut-wrenching in others. After trending in the low $1,000s for a long time, the crypto market rally had seen Ethereum rise to two-month highs. What followed was a marked increase in the number of investors that were actually making a profit from their investments.
  57% Of Investors In Profit
  If anything, the profitability of Ethereum over the years has been a major bull case for the digital a
  
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• Here’s Why The Current Bitcoin Bear Might Last A While Longer

  01-11-2022 17:00 via newsbtc.com
  Bitcoin has been consolidating between the realized price and the balanced price for three months so far, here’s why this can suggest the bear market may still have some ways to go before it concludes.
  Bitcoin Is Currently Below, But Near, The $21.1k Realized Price
  According to the latest weekly report from Glassnode, the realized and the balanced price models are suitable for approximating the bottom formation range for BTC.
  The “realized price” is a Bitcoin value model based
  
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• Shiba Inu (SHIB) Plays Catchup With DOGE; Will Bulls Push For $0.00002?

  01-11-2022 16:32 via newsbtc.com
  SHIB’s price shows strength as it continues its rally, with eyes set on a high of $0.00002 as the price tends to mimic DOGE. 
  SHIB could rally more as the price creates a bullish bias and holds above its range channel after a successful breakout.
  SHIB’s price remains strong on all timeframes as the price trades above the 50 Exponential Moving Average (EMA).The price action shown by Shiba Inu (SHIB) in the past few days has been a replica of what we see with the price of DOGE in
  
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• Oregon Democrats said they accepted $500,000 from a Las Vegas cryptocurrency startup. Now they say the real d - OregonLive

  01-11-2022 16:32 via news.google.com
  Oregon Democrats said they accepted $500,000 from a Las Vegas cryptocurrency startup. Now they say the real d  OregonLive
  
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• Massive Crypto Whale Activity In USDT And USDC Suggests Upcoming Bull Run, How?

  01-11-2022 15:33 via newsbtc.com
  Volatility is one of the distinguishing attributes of the crypto market that springs surprises in several observers. It creates a desirable environment for traders and investors in the crypto industry to advance with huge profits.
  Over the past week, the crypto market experienced the presence of the bulls in considerable measure. Most of the crypto assets made some impressive reclaims in their value. Most tokens were forced to break their resistance and advance more to the north. This pushed the
  
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• The Pros and Cons of Cryptocurrency - TronWeekly

  01-11-2022 15:08 via news.google.com
  The Pros and Cons of Cryptocurrency  TronWeekly
  
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• Bitcoin resistance mounts pre-FOMC as Dogecoin sets 17-month BTC high

  01-11-2022 15:08 via cointelegraph.com
  DOGE continues to outperform among major cryptocurrencies with macro volatility incoming thanks to the Fed.
  
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• Can internet outages really disrupt crypto networks?

  01-11-2022 15:00 via cointelegraph.com
  While some security issues do exist, major internet outages like the one witnessed across the EU recently cannot really threaten cryptocurrencies or their associated networks.
  
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• $33 Million In Dogecoin Shorts Liquidated As Price Shoots

  01-11-2022 14:27 via newsbtc.com
  Dogecoin witnessed a significant growth trend in 2021. This remarkable feat connects to the influence of Tesla’s CEO and billionaire, Elon Musk. The billionaire has remained a prominent proponent for Dogecoin, and his position could either increase or decrease its price movement.
  Most crypto assets took to the south during the recent bearish trend in the crypto market. This brought considerable losses in value for most of them. In addition, Dogecoin, the largest and leading meme cryptocurr
  
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• Crypto adoption via regulation: Setting rules for centralized exchanges

  01-11-2022 14:01 via cointelegraph.com
  While some security issues do exist, major internet outages like the one witnessed across the EU recently cannot really threaten cryptocurrencies or their associated networks.
  
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• China's national cryptocurrency is getting more ominous - CoinJournal

  01-11-2022 13:53 via news.google.com
  China's national cryptocurrency is getting more ominous  CoinJournal
  
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• MakerDAO co-founder Nikolai Mushegian dies at 29 in Puerto Rico

  01-11-2022 13:43 via cointelegraph.com
  Mushegian was an important figure in the crypto community, contributing to multiple projects, including MakerDAO, BitShares and Balancer.
  
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• Is Elon Musk The Largest Holder Of Dogecoin (DOGE) With 28.52% Of Supply?

  01-11-2022 13:33 via newsbtc.com
  Elon Musk himself said via Twitter in February 2021 that the biggest issue with Dogecoin is its concentration among a few whales. The billionaire wrote at the time:
  If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo. I will literally pay actual $ if they just void their accounts.
  But what if Elon Musk himself is the largest of all DOGE whales? This rumor has been circulating in the crypto community for quite som
  
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• Africa’s cryptocurrency market marches to its own beat - The East African

  01-11-2022 12:56 via news.google.com
  Africa’s cryptocurrency market marches to its own beat  The East African
  
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• Dogecoin (DOGE) Cracks Over 150% In 7 Days; Is The Top In Yet?

  01-11-2022 12:17 via newsbtc.com
  DOGE’s price shows strength as it continues its rally with eyes set on a high of $0.2. 
  DOGE could rally more as the price creates more bullish bias by breaking out of a bullish continuation pattern with eyes set on rallying higher.
  DOGE’s price remains strong on all timeframes as price trades above the 50 and 200 Exponential Moving Averages (EMA).The price action displayed by Dogecoin (DOGE) in the past few days has been tremendous, as the price of Dogecoin (DOGE) has become a
  
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• Grocery retailer Pick n Pay to start accepting cryptocurrency payments - Reuters

  01-11-2022 12:05 via news.google.com
  Grocery retailer Pick n Pay to start accepting cryptocurrency payments  Reuters
  
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• Leap in Bitcoin trading volumes as flagship cryptocurrency steers a course for $21k - City A.M.

  01-11-2022 12:01 via news.google.com
  Leap in Bitcoin trading volumes as flagship cryptocurrency steers a course for $21k  City A.M.
  
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• On-Chain Data Suggests Bitcoin Bottom Comparable To Previous Cycles

  01-11-2022 11:33 via newsbtc.com
  As the eyes of the crypto community turn to tomorrow’s Federal Reserve FOMC meeting, an on-chain analysis by Glassnode suggests that the bottom just needs to be hammered out.
  In their weekly report, the firm states that a number of metrics are currently bouncing, making a relatively consistent argument that the bitcoin market has hit a bottom. In this regard, the current numbers are “almost textbook” comparable to previous cycle lows.
  To back up the claim, Glassnode consults th
  
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• DFSA unveils cryptocurrency token regime to foster innovation - The National

  01-11-2022 11:31 via news.google.com
  DFSA unveils cryptocurrency token regime to foster innovation  The National
  
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• 3 High-Growth Tech Stocks With More Potential Than Any Cryptocurrency - The Motley Fool

  01-11-2022 11:12 via news.google.com
  3 High-Growth Tech Stocks With More Potential Than Any Cryptocurrency  The Motley Fool
  
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• Chinese central bank exec says digital yuan will offer ‘controllable anonymity’

  01-11-2022 11:04 via cointelegraph.com
  China’s digital yuan is one of the earliest CBDCs whose pilot phase has expanded to include millions of users and billions in transaction volume.
  
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• South Korean regulators aim to toughen crypto fraud punishments

  01-11-2022 10:55 via cointelegraph.com
  The legislation, separate from the upcoming Digital Asset Basic Act, may came into force already in 2023.
  
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• Flasko (FLSK): A Dominant Cryptocurrency Over Ripple (XRP) and Polygon (MATIC) | Bitcoinist.com - Bitcoinist

  01-11-2022 10:41 via news.google.com
  Flasko (FLSK): A Dominant Cryptocurrency Over Ripple (XRP) and Polygon (MATIC) | Bitcoinist.com  Bitcoinist
  
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• El Salvador's Bitcoin purchase information can't be made public: Trustee

  01-11-2022 09:45 via cointelegraph.com
  As a development bank for El Salvador, BANDESAL created a $150 million trust fund to guarantee the convertibility to dollars for citizens and merchants.
  
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• Ethereum Price Could Resume Uptrend If It Clears This Barrier

  01-11-2022 09:39 via newsbtc.com
  Ethereum remained well bid above the $1,550 zone against the US Dollar. ETH could start a fresh increase if it clears the $1,625 resistance zone.Ethereum is stable and is showing positive signs above the $1,550 support zone.
  The price is now trading above $1,560 and the 100 hourly simple moving average.
  There is a major contracting triangle forming with resistance near $1,620 on the hourly chart of ETH/USD (data feed via Kraken).
  The pair could start a fresh increase if it clears the $1,620 and
  
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• Cryptocurrency Industry Regulation Proposals by the Market Players - Finextra

  01-11-2022 09:11 via news.google.com
  Cryptocurrency Industry Regulation Proposals by the Market Players  Finextra
  
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• Chainlink Price Skyrockets Amid High Whale Activity

  01-11-2022 08:07 via newsbtc.com
  Chainlink price movement this weekend was interesting as the market saw it rise unexpectedly. The crypto recorded increasing whale and shark activities leading to a spike. The oracle service provider witnessed token additions worth over $313 million on whale and shark LINK addresses.
  The price movement of many cryptos has been uncertain, given the volatility in the market. While many have recorded a steady climb, others have continued downward with little rallies.Before this new record, LINK pri
  
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