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


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 …

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Timeline of Bitcoin

$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.


Hublot Starts Accepting Bitcoin And Other Crypto Payments - Bitcoinist

Hublot watches can now be purchased with crypto. Swiss Watch Maker, Hublot, has launched its new limited edition luxury watch, which is called ‘Big Bang Unico Grey' edition of watches.

Billionaire Investor Mark Mobius Predicts Why Bitcoin (BTC) Is Yet To Bottom - Coingape

With its latest price crash, Bitcoin (BTC) has turned the attention of global investors to itself. Some of the big investors could be waiting on the sidelines with cash to invest in BTC as it hits a new bottom.

Crypto Crash: Could Bitcoin Ever Drop Below Zero Like What Happened With Oil? - BeInCrypto

The recent crypto market crash has raised questions about whether the price of bitcoin could ever drop below zero as did oil during the peak pandemic days. The post Crypto Crash: Could Bitcoin Ever Drop Below Zero Like What Happened With Oil?

Bitcoin, Ethereum, Dogecoin Slip: Fed's Powell Stirs Recession Fears, But Is Crypto Selloff Showing 'Exhaustion?' - Benzinga

Bitcoin, Ethereum and major coins traded lower on Wednesday evening as the global cryptocurrency market cap slipped 2.1% to $887.6 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -2.1% -11.1% $20,116.83 Ethereum (CRYPTO: ETH) -4.7% -14.7% $1,061.83 Dogecoin (CRYPTO: DOGE) -2.8% 1.3% $0.06 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Polygon (MATIC) +14.9% $0.47 Uniswap (UNI) +9.6% $5.11 Amp (AMP) +6.2% ​​$0.0095 See Also: How To Get Free NFTs Why It Matters: U.S. Federal Reserve Chair Jerome Powell appeared before Congress on Wednesday and acknowledged the hardship inflation is causing.

By The Numbers: The Worst Bitcoin Bear Markets Ever - NewsBTC

Bitcoin is now officially in another bear market after the crash that rocked the market last week. After falling more than 70% from its all-time high, investors across the space had started to retreat from the digital asset due to this new price trend.

Bitcoin could be a panacea for income inequality, says Forbes - CryptoSlate

Bitcoin (BTC) has the potential to solve the world's income inequality problem as it can behave as a commodity and an asset at the same time, and have its price set by market demand, according to an analysis from Forbes. The post Bitcoin could be a panacea for income inequality, says Forbes appeared first on CryptoSlate.

Following BTC's Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction - Bitcoin

During the past week, Bitcoin's hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by 2.35% making it easier for miners to find blocks. The 2.35% drop brings the difficulty down to