Bitcoin, Ethereum Technical Analysis: BTC Moves Above $17,000 on Wednesday

Bitcoin moved to $17,000 on Wednesday, as markets continued to digest the U.S. consumer confidence report. Confidence amongst consumers fell to its lowest level since July, despite inflation easing in the world’s largest economy. Ethereum remained higher, edging closer to $1,300. Bitcoin Bitcoin (BTC) briefly rose above $17,000 in today’s session, as traders reacted to […]

Eco-friendly Bitcoin mining pool PEGA Pool set for public launch in Q1 2023

PEGA Pool, a Bitcoin mining pool that will allow ASIC miners to connect and cooperate in mining bitcoin, is set for public launch in Q1 2023. The mining pool is currently in the pre-launch phase. KEY TAKEAWAYS PEGA Pool is a Bitcoin mining pool. ASIC miners will be able to connect to the pool and […]

Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year

This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the number has dropped by more than 15% down to 225,962 WBTC. Similarly, the quantity of tokenized […]

Bitcoin, Ethereum Technical Analysis: ETH Surges Above $1,200 to Start the Weekend

Ethereum was back above $1,200 on Saturday, as bullish sentiment returned to cryptocurrency markets to start the weekend. Following recent stints in the red, the global crypto market cap is trading 1.91% higher as of writing. Bitcoin was also back in the green. Bitcoin Bitcoin (BTC) was marginally higher to start the weekend, as prices […]