Bitcoin Hashrate Could Return to Record Sooner Than Expected
Chinese miners have been speeding up their migration to alternate locales while U.S. miners are expanding their capacity as bitcoin’s price rallies.
Bitcoin Holds Short-Term Support; Upside Limited to $50K
Buyers will need to defend lower support levels this weekend to avoid a series of lower price highs.
Ether’s Daily Issuance Drops Below Bitcoin, IntoTheBlock Says
Ether’s net daily issuance is less than bitcoin’s for the first time on record.
Market Wrap: Crypto Pullback Deepens; Expect Higher Volatility
Analysts expect higher volatility ahead of Friday’s month-end expiry.
Bitcoin’s Next Move Ahead of Friday’s $2B Options Expiry
Volatility at the monthly bitcoin options expiry has been a noted pattern this year.
BTC Options Global Open Interest by Expiry
New data reveals the disposition of traders in bitcoin options markets ahead of Friday’s big expiry. Such expiration dates are closely watched as the market often moves toward the max pain point, with larger investors typically writing options seeking to push the spot price to the point where most contracts will expire worthlessly.
Bitcoin Eyes 200-Day Moving Average Support as $2B Options Expiration Nears
Bitcoin is again experiencing moderate price turbulence while heading into the monthly options expiration. CoinDesk's Damanick Dantes discusses his assessment and outlook for bitcoin as the cryptocurrency has reversed Wednesday’s gains and exposed the widely tracked 200-day moving average (MA) line located at $46,040. Plus, his take on the explosive growth of altcoins, including Cardano (ADA) and Avalanche platform's AVAX token.
Bitcoin Eyes 200-Day Moving Average Support as $2B Options Expiration Nears
The max pain price for Friday’s bitcoin options expiry is $44,000.
Hashrate ‘Ribbon Crossings’ Tend to Herald Bitcoin Bull Markets
Under normal historical conditions, with the price of bitcoin and hashrate increasing, the 30-day moving average (MA) sits somewhere above the 60-day MA. When the 30-day MA falls below the 60-day, moments are seen as buying opportunities in the spot markets for bitcoin, a pattern that’s proven relatively consistent over the past 2.5 years.
Argo Blockchain Answers Crypto Mining's ESG Challenge
U.K.-based crypto miner Argo Blockchain is calling itself the first publicly-traded cryptocurrency miner to become "climate positive." CEO Peter Wall discusses how his firm has "gone beyond net zero" in carbon emissions and whether renewables-focused mining could push the bitcoin price up further. Plus, his take on the impact of China's crackdowns on mining operations and plans for Argo to go public in the U.S.