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How low can the Bitcoin value go?

How low can the Bitcoin value go?

Bitcoin (BTC) has spent over a year in a downtrend since its $69,000 all-time highs in November 2021.BTC price performance has given investors up to 77% losses, but how much lower can BTC/USD really go?Bitcoin…

Elon Musk says BTC ‘will make it’ — 5 issues to know in Bitcoin this week

Elon Musk says BTC ‘will make it’ — 5 issues to know in Bitcoin this week

Bitcoin (BTC) starts a new week on shaky ground after its lowest weekly close in two years.The largest cryptocurrency considerably weakened after last week’s implosion of exchange FTX, continues to grapple with the fallout.In what…

El Salvador President Bukele says Bitcoin is ‘the alternative‘ of FTX

El Salvador President Bukele says Bitcoin is ‘the alternative‘ of FTX

The shock wave around the FTX explosion was felt globally as it severely fractured investor confidence. However, seasoned crypto entrepreneurs and supporters — including Changpeng “CZ” Zhao and Salvadoran President Nayib Bukele — continue to…

Bitcoin value hits multi-year low at $15.6K, analysts count on additional draw back

Bitcoin value hits multi-year low at $15.6K, analysts count on additional draw back

Investor sentiment in the crypto market is floundering after Binance decided to nix its agreement with FTX to purchase the distressed cryptocurrency exchange. The events have sent Bitcoin to a new yearly low, while other…

Why is Bitcoin value down as we speak?

Why is Bitcoin value down as we speak?

After topping the $21,500 mark on Nov. 4, Bitcoin (BTC) price is down by 14% on Nov. 8, reaching a new yearly low at $17,166 — and most altcoins are following suit. While the Binance and…

Bitcoin miner Iris Energy faces $103M default declare from collectors

Bitcoin miner Iris Energy faces $103M default declare from collectors

According to a new filing with the U.S. Securities and Exchange Commission on Monday, Bitcoin (BTC) miner Iris Energy says it has received a default notice from mining rig manufacturer Bitmain Technologies.The notice alleged that…

Buying Bitcoin ‘will quickly vanish’ when CBDCs launch — Arthur Hayes

Buying Bitcoin ‘will quickly vanish’ when CBDCs launch — Arthur Hayes

Bitcoin (BTC) holders looking to avoid Central Bank Digital Currencies (CBDCs) may have gained a surprise ally — banks.In his latest blog post titled “Pure Evil,” Arthur Hayes, ex-CEO of crypto derivatives platform BitMEX, argued…

South African grocery large ‘Pick n Pay’ intends to simply accept Bitcoin in all shops nationwide

South African grocery large ‘Pick n Pay’ intends to simply accept Bitcoin in all shops nationwide

Pick n Pay, one of South Africa’s largest supermarket chains, is set to allow its customers to pay for items in all its stores using Bitcoin.According to South African-based tech news outlet Tech Central, Pick…

How to not Bitcoin: User pays 1,000x price to ship 4 BTC

How to not Bitcoin: User pays 1,000x price to ship 4 BTC

Fat fingers? A Bitcoin (BTC) user spent over $200 to make a transaction, paying astronomically above the average fee. In a transaction that entered Bitcoin block 760,077, a user paid 1,136,000 satoshis, (0.0136 BTC or $220.52)…

Low hash worth, hovering vitality prices spell robust Q3 for Bitcoin miners

Low hash worth, hovering vitality prices spell robust Q3 for Bitcoin miners

Energy problems in North America and Europe and prevailing market conditions have spelled another bleak quarter for Bitcoin (BTC) mining operators on both continents.The latest Q3 mining report from Hashrate Index has highlighted several factors that…