Cointelegraph By Ray Salmond
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Bitcoin miners double down on efficiency and renewable energy at the World Digital Mining Summit
Cointelegraph By Ray Salmond - 0
Bitmain rolled out its next-generation Antminer S21 and S21 Hydro ASIC miners at the World Digital Mining Summit (WDMS) in Hong Kong on Sept. 22, revealing the crucial performance stats the entire industry has been waiting for. The S21 has a hash rate of 200 terahashes per second...
Bitcoin’s cycles are changing — Bloomberg analyst Jamie Coutts explains how and why
Cointelegraph By Ray Salmond - 0
In the latest episode of Cointelegraph’s Market Talks, host Ray Salmond speaks with Jamie Coutts, a chartered market technician and crypto market analyst at Bloomberg Intelligence. When asked whether Bitcoin’s (BTC) pre- and post-halving price action could differ from previous cycles due to a change in global monetary policy,...
Bitcoin analysts and traders say BTC’s low volatility is ‘a calm before the storm’
Cointelegraph By Ray Salmond - 0
Stocks markets slide toward yearly lows, while Bitcoin price remains range-bound. Here’s why crypto analysts expect a sharp move from BTC soon.
By: Cointelegraph By Ray Salmond
cointelegraph.com
New hashprice-based derivatives instrument gives Bitcoin miners another way to hedge
Cointelegraph By Ray Salmond - 0
Better luck next time? Luxor’s OTC Bitcoin mining derivatives could offer miners “a much needed tool to hedge their mining operations.”
By: Cointelegraph By Ray Salmond
cointelegraph.com
Will bulls take charge now that Bitcoin price trades above a long term trendline resistance?
Cointelegraph By Ray Salmond - 0
On Oct. 4 and 5, Bitcoin (BTC) took another step through the $20,000 mark, bringing the price above a long-term descending trendline that stretches all the way back to April 22 or Nov. 15, depending on one’s style of technical analysis.Some traders might be feeling a bit celebratory...
Bitcoin price fails to hold $20K again, but there is a silver lining
Cointelegraph By Ray Salmond - 0
Markets briefly flashed green on Sept. 27 as equities markets bounced back from Sept. 26’s pullback, bringing the Bitcoin (BTC) price back to the long-term descending trendline resistance, which currently resides at $20,100. Unfortunately for bulls, the positive momentum for stocks and cryptocurrencies rapidly eroded and Bitcoin price gave...
Crypto markets are flashing a bit of green on Sept. 22 as Bitcoin (BTC) price tacked on a 4.7% gain to trade above $19,300 and Ether (ETH) surged 6.5% to recapture the $1,300 level. RSR and Astar Network (ASTAR) also surged by 23% and 17% respectively, but the more...
Crypto and stocks soften ahead of Fed rate hike, but XRP, ALGO and LDO look ‘interesting’
Cointelegraph By Ray Salmond - 0
Prices remain soft across the market as traders await Federal Reserve Chair Jerome Powell’s statement on the size of the next interest rate hike. At the moment, the market consensus is a 0.75 bps rate hike and a sliver of analysts are banking on 1%. Stocks also appear en-route...
Bitcoin is trapped in a downtrend, but a ‘trifecta of positives’ scream ‘deep value’
Cointelegraph By Ray Salmond - 0
$20,000 is no longer support. $100,000 didn’t happen. The Bitcoin halving is 562 days away.Bears simply refuse to release their vice grip on the market and the Federal Reserve’s policy of interest rate hikes and quantitative tightening is adding fuel to the fire. Despite these challenges, in a...
Most of the crypto market is down, but Cosmos (ATOM) price is up — Why?
Cointelegraph By Ray Salmond - 0
The Ethereum Merge has finally happened. It’s over, and fortunately it went smoothly without any major hiccups. As predicted by many, the event turned out to be a “buy the rumor sell the news” style event, or perhaps, the hotter-than-expected consumer price index print on Sept. 12 was...