China-based Bitmain, the world’s largest Bitcoin mining equipment manufacturer, is set to launch a new, more efficient Bitcoin miner, a source familiar with the matter told The Block. The miner …
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According to this Glassnode indicator, Bitcoin (BTC) is undervalued in the long term
Bitcoin is considered historically undervalued according to the Glassnode Network Value to Transactions Signal indicator, which is now significantly lower than in January this year. The most recent spike in value settlement took …
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Dorsey sticking to Bitcoin (BTC), no new cryptos planned for Cash App
Moreover, the billionaire entrepreneur said that Cash App has no future plans to accept any other cryptocurrencies at this point. “Our focus is on helping Bitcoin become the native currency of the …
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Bitcoin’s price continues to consolidate above $60,000. Bulls eye this target on breakout
Bitcoin’s price continues its near-term pullback consolidation, but $60K is holing up nicely, which is a positive signal. If this level fails, we could see downside momentum towards $58.3K to …
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NYC Mayor-elect Eric Adams wants New York to have cryptocurrency
A day after winning election to be New York City’s next mayor, Eric Adams told an interviewer he wanted to “look at what’s preventing the growth of Bitcoins and cryptocurrency …
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Grayscale Bitcoin ETF commission will potentially take place on December 24
Grayscale has filled form 19b-4, which has been noticed by the SEC. This means that the countdown for the future hearing has begun, according to ETF Hearsay. According to the Notice of Filing, within …
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Miami’s pro-crypto mayor will become the 1st US politician to take his salary in Bitcoin
Francis Suarez – the pro-crypto mayor of Miami – vowed to receive his next paycheck entirely in bitcoin. Thus, he can become the first American politician to be paid in …
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Google has invested $1 billion in Bitcoin futures provider CME Group
CME Futures, the futures-exchange giant that offers regulated bitcoin services, has secured a massive investment from Google worth $1 billion aiming to transfer its core trading systems to the cloud. …
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Bitcoin (BTC) momentum indicators suggest breakout attempt above resistance
Bitcoin (BTC) attempted to move above the $63,530 resistance area on Nov 2 but was rejected. It’s currently in the process of finding support before potentially making another breakout attempt. BTC …
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The highly anticipated Bitcoin protocol update Taproot is around the corner
The highly anticipated Bitcoin protocol update, Taproot, is going to activate when it reaches block #709,632, believed to happen around November 16. It will bring many improvements by replacing ECDSA …
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