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Bitcoin is often slammed over its high electricity consumption. Critics argue this is wasteful and unsustainable in the long term. However, in an unusual twist to the environmental debate, it turns out that fracking companies are utilizing waste gas to power Bitcoin mining rigs. Bitcoin Mops up Waste Gas The …

Only 36% of Bitcoin’s supply has moved in the last 6 months, down from 50% during last bull season Source link

Bitcoin price gained bullish momentum and broke the $50,000 resistance against the US Dollar. BTC is holding gains and it seems like it could rise further towards the $52,000 level. Bitcoin broke the $50,000 resistance and traded to a new all-time high near $50,600. The price is trading nicely near …

The innovation of Non-fungible tokens (NFTs) in the world of blockchain promises to introduce a new means for authenticating ownership of digital artifacts.  Understanding NFTs Non-fungibility refers to these tokens’ uniqueness and indivisibility, which means that NFTs can’t be exchanged for other tokens as they hold special features and valuation.  …

Ethereum extended its rise and traded to a new all-time high at $1,830 against the US Dollar. ETH price is trading in a positive zone and it looks set for more gains towards $1,900. Ethereum corrected lower, but it regained strength to set a new all-time high near $1,830. The …

Bitcoin price started a downside correction after trading to a new all-time high near $48,308 against the US Dollar. BTC is now consolidating gains and it is likely to continue higher above $47,000. Bitcoin traded to a new all-time high at $48,308 before correcting lower. The price is now well …

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On the frontiers of algorithmic assets, trading isn’t the only activity that will raise your heartrate Source link

Bitcoin has seen some massive momentum throughout the past few days, with the cryptocurrency’s price rallying to new highs over $30,000 as its uptrend turns parabolic Where the cryptocurrency trends in the mid-term will undoubtedly depend on whether or not bulls can maintain full control of the crypto’s upswing or …

Bitcoin recently posted what is widely described as a so-called “blow-off top” when it rallied to highs of $28,500 before facing an instant rejection that sent it tumbling down to $26,000. The support at this level was significant and has proven to be a strong base it has since rebounded …