Bitcoin Price | Crypto Profit Bot

It seems NFT-themed Bored & Hungry restaurant no longer accepts crypto

June 24, 2022

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The alleged removal is a bit strange considering Bored and Hungry only opened its doors back in April. 3417 Total views 102 Total shares The Los Angeles Times reported Friday that recently opened NFT-themed burger joint Bored & Hungry no longer accepts cryptocurrency as a form of payment for its food. When questioned, one Bored […]

Bitcoin miners sold their entire May harvest: report

June 22, 2022

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Bitcoin miners are finding it extremely hard to continue their operation as the cost of production has exceeded the profit. 858 Total views 28 Total shares The cryptocurrency market entered a sell-off phase in the first week of June, seeing a market-wide route with the majority of cryptocurrencies falling to a 4-year low. The deteriorating […]

Bitcoin S2F model gives false sense of certainty, says Vitalik Buterin

June 21, 2022

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Bitcoin S2F model gained a lot of popularity during the peak of the bull run, and even though there was criticism, most of it was ignored as the price seemed to follow the chart. 113 Total views 1 Total shares Ethereum co-founder Vitalik Buterin has criticized the controversial Bitcoin (BTC) stock-to-flow (S2F) model, popularized by a pseudonymous Dutch […]

Crypto lending can still survive bear market, analyst says

June 20, 2022

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Bear markets are much more brutal for crypto lenders than cryptocurrency firms that don’t leverage users’ deposits, according to one Bitcoin analyst. 151 Total views 2 Total shares The ongoing bear market on cryptocurrency markets is too harmful to industry lenders but the concept of crypto lending can still survive the bloodbath, according to some […]

Bitcoin critics say BTC price is going to $0 this time, but these 3 signals suggest otherwise

June 18, 2022

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Like clockwork, the onset of a crypto bear market has brought out the “Bitcoin is dead” crowd who gleefully proclaim the end of the largest cryptocurrency by market capitalization. If #Bitcoin can collapse by 70% from $69,000 to under $21,000, it can just as easily fall another 70% down to $6,000. Given the excessive leverage in […]

5 indicators traders can use to know when a crypto bear market is ending

June 17, 2022

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The bull market is gone and the reality of a long crypto winter is surely giving traders a bad case of the shivers. Bitcoin’s (BTC) price has fallen to lows not even the bears expected, and some investors are likely scratching their heads and wondering how BTC will come back from this epic decline. Prices […]

Finance Redefined: Three Arrow Capital and Celsius fall brings a tsunami of sell-off in DeFi

June 17, 2022

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This past week, the decentralized finance (DeFi) ecosystem faced the brunt of the bears fueled by liquidation rumors of Three Arrow Capital (3AC) and Celsius liquidations. MakerDAO decided to cut off Aave (AAVE) from its direct deposit module as a safeguard in light of the possibility that Celsius folds and crashes the price of staked […]

Bitcoin miners’ exchange flow reaches 7-month high as BTC price tanks below $21K

June 15, 2022

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Bitcoin mining profitability has dropped by over 75% from the market top and is currently at its lowest since October 2020. 919 Total views 20 Total shares Bitcoin’s (BTC) price tanked to a 52-week low of $20,800 earlier on Wednesday, down by over 70% from its all-time high of $68,788. Although the price has since […]

Bitcoin has support at $23K, but analysts warn of a dire drop to $8K as global debt unwinds

June 13, 2022

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BTC’s sell-off is easing slightly, but traders are afraid that negative newsflow and future U.S. interest rate hikes could push the price lower. 26244 Total views 77 Total shares Bitcoin’s (BTC) month-long choppy price action came to an end on June 13 after a deep market sell-off pressed the top cryptocurrency under the $29,000 support. The […]

Crypto users take to Twitter to lament the ongoing market downturn

June 13, 2022

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What goes up must come down. And then go up again. Then come down again. And on and on and on… 6465 Total views 33 Total shares Crypto traders and investors started out the week with a major shock to the markets. As assets across the blockchain industry went into a collective dive on Monday, […]

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Category: Bitcoin Price