Bitcoin News Headlines

Bitcoin miners say they're helping to fix the broken Texas electric grid and Ted Cruz agrees - CNBC

Crypto enthusiasts believe the fix to ERCOT's reliability problems and price fluctuations is to add another electricity consumer into the mix.
Published: Sat, 4 Dec 2021 4:16 pm GMT
source: www.cnbc.com

What are the chances for Dogecoin, Shiba Inu to be rescued by immediate recovery

Just like large-cap coins, the state of the market’s meme-coins too has been in dire straits over the past few hours. DOGE and SHIB had in fact shed more value in the past day when compared to the past 7-days in total. Despite the massive dip, both the meme-coins were seen exhibiting signs of recovery, […] Just like large-cap coins, the state of the market's meme-coins too has been in dire straits over the past few hours. DOGE and SHIB had shed
Published: Sat, 4 Dec 2021 4:00 pm GMT

Celsius Network loses millions in BadgerDAO Bitcoin heist amid crypto selloff - Yahoo Finance

The crypto lender, Celsius Network, announced today it lost millions in funds in the recent BadgerDAO hack, what is shaping up to be the second largest DeFi attack this year.
Published: Sat, 4 Dec 2021 3:44 pm GMT

While ATOM arrives late to the big 'dip party' can it shield its price going forward

The whole financial landscape is in a turmoil at the moment. Right from the bourses to the crypto market, there are only red figures and candles flashing everywhere. Nonetheless, as always, a couple of exceptions did manage to crop up and stand out. As far as the U.S traditional market is concerned, stocks like  NLSN […] The crypto dip has evidently been led by large-cap coins. However some like ATOM have managed to restrict their losses better than the rest...
Published: Sat, 4 Dec 2021 3:00 pm GMT

Can Bitcoin Reach $560,000? - Motley Fool

Could the world's top cryptocurrency still rise tenfold from is current price?
Published: Sat, 4 Dec 2021 2:45 pm GMT
source: www.fool.com

XRP, Solana, Tron Price Analysis: 4 December

While the global crypto market hits the $2.2 trillion mark, altcoins like XRP, Solana, and Tron noted over 15% losses in the past 24 hours. Consequently, the bearish thrust led XRP and Tron’s price action to poke their four-month low on 3 December. Further, Solana touched its six-week low on the same day. XRP After […] While the global crypto market hits the $2.2T-mark, altcoins like XRP, Solana and Tron noted over 15% losses in the past 24 hours. Consequentl
Published: Sat, 4 Dec 2021 2:30 pm GMT

Terra Tokenomics Lead to Market Surge, Bitcoin Reserve Hinted Altcoins Bitcoin News - Bitcoin News

The recent changes in the issuance model of Terra, which is now burning more than $4 billion worth of LUNA , has made its native asset boom.
Published: Sat, 4 Dec 2021 1:30 pm GMT

Cardano's over 20% dip can be attributed to this factor

Given the condition of the market on 4 December, it makes absolute sense for what is happening with Cardano. Well, interestingly Cardano is up with a lot of things on its network. Are Cardano investors done for good? Yes, the broader market is dipping. However, Cardano cannot hold this one instance alone as the reason […] Cardano has dropped to under $1.5 after the entire market turned bearish today but the responsibility of this also falls on...
Published: Sat, 4 Dec 2021 1:30 pm GMT

Bitcoin Buyers Flock to Investment Clubs to Learn Rules of the Road - The Wall Street Journal

The crush of people flooding into crypto has left a large information void, so investors are turning to places like the Black Bitcoin Billionaires group, which meets on the social-media platform Clubhouse.
Published: Sat, 4 Dec 2021 1:00 pm GMT
source: www.wsj.com

Bitcoin Price Tumbles After Wall Street Selloff - The Wall Street Journal

The cryptocurrency was down by as much as 20%, hitting its lowest point in months.
Published: Sat, 4 Dec 2021 12:37 pm GMT
source: www.wsj.com

Bitcoin, Ethereum face largest correction since 19 May; is it time to buy the dip

Bitcoin and Ethereum have dropped the ball. The market has been witnessing a decline matched by the correction intensity from 19 May, 2021. Needless to say, that the long-term bullish structure is currently fractured. In recent articles, we highlighted the possible bullish scenarios for Bitcoin but none of them panned out like expected. In this […] Bitcoin's current correction wick is the largest drop since May 19th. Following May 19th, the market followed on a huge bearish slump...
Published: Sat, 4 Dec 2021 12:30 pm GMT

Ethereum, MATIC, Terra Price Analysis: 04 December

As the bulls triggered an early December revival, the bears were quick to negate them by instigating a sizeable sell-off over the past day. Consequently, altcoins like Ethereum, MATIC and Terra’s LUNA registered double-digit losses on their daily charts.  After touching their multi-week milestones this month, most cryptos breached their long-term support levels. Ethereum (ETH)  […] As the bulls triggered an early December revival, the bears were quick to negate them by instigating a sizeable sell-off over the past day. Co
Published: Sat, 4 Dec 2021 12:00 pm GMT

Is it a good idea to bat for Basic Attention Token right now

The Basic Attention Token (BAT) managed to take hold of everyone’s attention over the last 10 days. BAT investors were certainly elated until a week ago, however since then the picture changed very quickly. It now looks like the same investors are turning their ship around. Should you bat for BAT? Over the week since its […] Basic Attention Token has created a new ATH in November but the week long price dip has created an atmosphere of doubt and BAT may not...
Published: Sat, 4 Dec 2021 11:30 am GMT

ECB Paper Marks Success Factors for CBDCs, Digital Euro Finance Bitcoin News - Bitcoin News

A paper published by the ECB discusses conditions for successful implementation of central bank digital currencies like the digital euro.
Published: Sat, 4 Dec 2021 11:30 am GMT

XRP: Amidst broader market dip, these are the key levels to look out for

The crypto market has massively shed value over the past few trading sessions. The global crypto market cap, which had breached the $3 trillion level recently, was seen back at $2.24 trillion, at the time of writing. In fact, the broader market shed more than 14% in just the past 24-hours. At the time of […] At this point in time, XRP is in quite a tricky position, even though it is surrounded by crucial support levels. The first is at the 78.6%...
Published: Sat, 4 Dec 2021 11:00 am GMT

Bitcoin falls by a fifth, cryptos see US$1b worth liquidated - The Edge Markets MY

BENGALURU/SINGAPORE (Dec 4): Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies.Bitcoin was 12% down at 0920 GMT at US$47,495. It fell as low as US$41,967.5 during the session, taking total losses for the day to 22%.The broad selloff in cryptocurrencies also saw ether, the coin linked to the ethereum blockchain network, plunge more than 10%.Based on cryptocurrency data platform Coingecko, Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies.
Published: Sat, 4 Dec 2021 10:46 am GMT

5 Cryptocurrencies That Ran Circles Around Bitcoin in 2021 - Motley Fool

These digital currencies have skyrocketed by 788% to more than 65,000,000% in 11 months.
Published: Sat, 4 Dec 2021 10:06 am GMT
source: www.fool.com

Illustration of Bitcoin | News | denvergazette.com - Denver Gazette

A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken June 14, 2021. REUTERS/Edgar Su/Illustration
Published: Sat, 4 Dec 2021 10:04 am GMT

This strengthens Avalanche's chances of making its way back up on the charts

Avalanche’s price witnessed quite a good rally during the initial 20 days of November. In the aforementioned period, the asset witnessed a 134% pump from $62 to $147. Post that, however, the coin started spending more time towards the downside. Despite the state of the broader market or its own ongoing correction phase, AVAX would […] Avalanche's price witnessed quite a good rally during the initial 20 days of November. In the aforementioned period, the asset witnessed
Published: Sat, 4 Dec 2021 10:00 am GMT

Ethereum Might Dethrone Bitcoin as Best Crypto Store of Value, Study Argues Bitcoin News - Bitcoin News

A paper issued last month argues that the recent changes in Ethereum monetary policy are making it a better store of value than bitcoin.
Published: Sat, 4 Dec 2021 9:31 am GMT