Bitcoin and Ethereum rally although support may begin to weaken

www.proactiveinvestors.co.uk

Bitcoin and Ethereum rallied although support for the largest coins by market cap “may begin to weaken”, analysts said. Bitcoin inched higher, gaining 1.75% and is currently changing hands at US$20,892.

Timeline of Bitcoin, Ethereum


Crypto Whales Are Massively Accumulating One Ethereum Scaling Altcoin, According to Analytics Firm Santiment - The Daily Hodl

Crypto analytics firm Santiment says Ethereum (ETH)-scaling solution Polygon (MATIC) is now entering the sixth week of whale and shark accumulation. Santiment says whales holding between 10,000 and 10 million MATIC tokens have collectively increased their holdings by nearly 10% over the six weeks. “MATIC sharks and whales have been in a pretty big accumulation The post Crypto Whales Are Massively Accumulating One Ethereum Scaling Altcoin, According to Analytics Firm Santiment appeared first on The Daily Hodl.


Data Reveals Shocking State Of Ethereum Mining, Here's Why - Coingape

Ever since the timeline of Ethereum Merge became unpredictable over recent past, miners found it difficult to run their operations. In fact, the all-important ‘difficulty bomb' in the merge has been postponed multiple times in the past by the developers.


Bitcoin and Ethereum advance as they hover around key support levels - Proactive Investors

Bitcoin and Ethereum jumped slightly above key support levels as the crypto market continued to plateau on low consumer confidence. The leading digital currencies advanced 3.8% and 4.0% to US$30,530 and US$2,053 but remained close to the levels of the past few weeks.

BitcoinBTC$19206.060000
EthereumETH$1042.880000

Aspen Creek Launches First Solar-Powered Bitcoin Mining Facility in Colorado - Blockchain News

Aspen Creek said it was formed with a simple premise in mind, which is to develop a sustainable source of renewable energy to power its operations and put renewables back on the grid.


Experts: Gnox (GNOX) Popularity Sparks Price Increase Of 63% During First Month, Other Tokens That Could Explode During Next Bull Cycle; Bitcoin (BTC) And Solana (SOL) - CoinPedia

News just in: experts pick three top crypto projects that could make you money when we finally enter the next bull run. The last few weeks have been difficult in the crypto world. Most onlookers agree that we are now in a proper bear market cycle. But nobody is sure how long this might last, …


Crypto hedge funds are bullish on Bitcoin and knee-deep in DeFi - CryptoSlate

The volatility that has become synonymous with the crypto industry hasn't deterred institutions from participating in it, as hedge funds investing in crypto are at an all-time high, according to PwC's 2022 Global Crypto Hedge Fund Report. The post Crypto hedge funds are bullish on Bitcoin and knee-deep in DeFi appeared first on CryptoSlate.


Did Bitcoin (BTC) Price Hit The Bottom or Very Close To The Bottom? What Next? - CoinPedia

Following a bearish  breakout and a sharp decline from $32K, Bitcoin's downtrend has come to a halt. The price is rebounding towards $21K and above, thanks to the $17K–$20K area of the 2017 all-time highs which is acting as strong support. Analysts say that after looking at new data this week, Bitcoin may have already …


$BTC: NYU Law Professor Explains Why “Bitcoin Isn't Going Away” - CryptoGlobe

On Wednesday (June 22), Max Raskin, Adjunct Professor of Law at New York University School of Law, said that Bitcoin “isn't going away because the ideology underlying it isn't going away.” In an op-ed piece (titled: “Don't Believe the Obits for Bitcoin”) for Wall Street Journal (WSJ), Raskin said that Bitcoin's recent price crash to


Binance U.S. makes BTC trading fee-free as competitors feel the heat - Cointelegraph

Brian Shroder, CEO of Binance.US said the zero-trading fees would generate positive user sentiment and said there are plans to expand the list of tokens that will offer zero-fee trading in the future.


Bitcoin miners are forced to sell to cover operating costs - CryptoSlate

Bitcoin miners are selling their earnings to keep up with the increasing operating costs. The post Bitcoin miners are forced to sell to cover operating costs appeared first on CryptoSlate.

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