Bitcoin (BTC) - Arbfin

$20K Bitcoin may return, says analyst as US unemployment hits 54-year low

Feb 3, 2023 | Bitcoin (BTC)

Bitcoin (BTC) fell prior to the Feb. 3 Wall Street open as fresh United States economic data came in “hot hot hot.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Think again” over U.S. recession Data from Cointelegraph Markets Pro and TradingView...

Bitcoin adoption of Guatemalan merchants grows one BTC tattoo at a time

Jan 30, 2023 | Bitcoin (BTC)

Bitcoin (BTC) use in Guatemala is on the up. The Latin American country that borders El Salvador boasts Guatemalan-grown Bitcoin companies such as Ibex and Osmo, several Bitcoin Beach-inspired projects including Bitcoin Lake, and now, free BTC tattoos. A Bitcoin...

Bitcoin eyes $25K as BTC price nears best weekly close in 5 months

Jan 29, 2023 | Bitcoin (BTC)

Bitcoin (BTC) spiked into key liquidity for a third time into Jan. 29 as the weekly and monthly closes loomed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader on Bitcoin: $25,000 “in sight” Data from Cointelegraph Markets Pro and...

State senator pushes bill to make Bitcoin legal tender in Arizona

Jan 27, 2023 | Bitcoin (BTC)

Wendy Rogers, an Arizona state senator in the United States, has launched bills concerning cryptocurrency, including one that aims to make Bitcoin (BTC) legal tender in Arizona. In a recent tweet, Rogers cited data from investment firm Goldman Sachs that BTC is the...

Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network

Jan 24, 2023 | Bitcoin (BTC)

Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on...

Analyst Benjamin Cowen Issues Crypto Warning, Says Bitcoin (BTC) Rally Likely Unsustainable – Here’s Why

Jan 24, 2023 | Bitcoin (BTC)

Popular crypto strategist Benjamin Cowen is questioning the sustainability of the current Bitcoin (BTC) rally based on historical precedence. Cowen tells his 782,000 YouTube subscribers that Bitcoin could replicate its early 2020 trajectory where the flagship crypto...

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Dogecoin To Release Latest Version of Utility-Enhancing Tool ‘Soon’, According to DOGE Developer

A principal core engineer for the Dogecoin (DOGE) project says a new version of the blockchain’s utility-enhancing tool is about to launch. Dogecoin engineer Michi Lumin tells his 32,000 Twitter followers that Libdogecoin 0.1.2 is on its way, although no specific date...

Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost

Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s gas fees have also seen a similar...

$20K Bitcoin may return, says analyst as US unemployment hits 54-year low

Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder Vows

Russia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also intend to relocate the business to the Russian Federation....