Bitcoin Ethereum News Technical Analysis

Bitcoin, Ethereum Technical Analysis: BTC Nears $25,000, Whilst ETH Hits $1,700

Coins Legend February 16, 2023 0

Bitcoin moved significantly higher on Feb. 16, as the world’s largest cryptocurrency hit its strongest point since last August. Prices neared the $25,000 mark earlier in the day, following a breakout of a key resistance level. Several factors have contributed to the rally including strong U.S.

Bitcoin Ethereum News Technical Analysis

Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Gains Following US Inflation Report

Coins Legend February 15, 2023 0

Bitcoin traded above $22,000 on Feb. 15, as markets continue to react to the latest U.S. inflation report. The consumer price index rose 0.5% in January, following a gain of 0.1% the month prior. Overall, the annual rate of inflation came in at 6.4%, which, although lower than December’s sum of 6.5%, was higher than […]

Bitcoin Ethereum News Technical Analysis

Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $22,000 Ahead of US Inflation Report

Coins Legend February 14, 2023 0

Bitcoin rebounded in Tuesday’s session, as markets prepared for this afternoon’s U.S. inflation report. It is expected that the annual rate of inflation in the United States dropped to 6.2% in January, down 0.3% from the month prior. Ethereum also rallied, climbing back above $1,500. Bitcoin Bitcoin (BTC) rebounded from recent losses in today’s session, […]

Bitcoin Ethereum News Technical Analysis

Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500 Level to Start the Weekend

Coins Legend February 11, 2023 0

Ethereum neared a breakout below $1,500 to start the weekend, pushing prices closer to a one-month low. Overall sentiment remained mostly bearish, with the global cryptocurrency market cap trading 0.96% lower, as of writing. Bitcoin also edged lower, with prices remaining below $22,000. Bitcoin Bitcoin (BTC) continued its downward descent on Saturday, as prices continued

Mining

Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2

Coins Legend August 4, 2022 0

The mining difficulty tied to the Bitcoin network increased for the first time in 57 days, rising 1.74% higher than the last two weeks. Meanwhile, Bitcoin’s hashrate has been below average as the network’s computational power is down 1.7% lower in the second quarter than in Q1 2022. After reaching 292 exahash per second (EH/s) […]

Market updates

Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound as Global Markets React to Pelosi’s Visit to Taiwan

Coins Legend August 3, 2022 0

Bitcoin and ethereum were both trading higher on Wednesday, as global financial markets reacted to the tensions caused by U.S. House Speaker Pelosi’s visit to Taiwan. The price of gold dropped by nearly $40 late on Tuesday, after securing a one-month high, while the S&P 500 also faced a turbulent session. Bitcoin Bitcoin (BTC) was […]

News

‘Bitcoin Valley’ Launches in Honduras — 60 Businesses Accept BTC to Boost Crypto-Tourism

Coins Legend August 2, 2022 0

Bitcoin Valley, the first bitcoin city in Honduras, has launched in Santa Lucia. Businesses in the area will accept bitcoin for payments. “In Santa Lucia, we are all going to participate in this project … Accepting bitcoin will open us to another market and win more customers,” said a local business owner. Bitcoin Valley: First […]

Market updates

Bitcoin, Ethereum Technical Analysis: BTC, ETH Enter August Trading Below $24,000 and $1,700 Respectively

Coins Legend August 1, 2022 0

Bitcoin was trading marginally lower to start the week, as prices of the token fell lower for a fourth consecutive session. The world’s largest cryptocurrency has suffered from increased market volatility, following last Saturday’s surge to a six-week high above $24,000. Ethereum was also in the red on Monday. Bitcoin Bitcoin (BTC) was trading in […]

News

Chipotle’s ‘Buy the Dip’ Game Plans to Reward Players With $200K in ETH, BTC, SOL, AVAX, and DOGE

Coins Legend July 25, 2022 0

Chipotle Mexican Grill, often referred to as simply Chipotle, has announced a new cryptocurrency game that encourages fans to “Buy the Dip.” The game aims to give away over $200K in crypto rewards and coupons for specific foods priced at a penny. Chipotle Returns With Another Crypto-Infused Contest In April 2021, Bitcoin.com News reported on […]

Market updates

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000 to Start the Week 

Coins Legend July 25, 2022 0

Bitcoin fell below $22,000 to start the new trading week, as sentiment in crypto markets seems to have turned bearish. The world’s largest token saw recent price declines extended on Monday, with ethereum also experiencing similar downwards momentum. The global market cap is down over 3% as of writing. Bitcoin Bitcoin (BTC) prices were once […]