As Bitcoin adoption increases, a new study published Monday by Nature Climate Change warns that energy-demanding Bitcoin transactions would easily sling the global temperature past the 2-degree threshold set under the Paris Climate Agreement. But, is it true that Bitcoin is this energy inefficient that the mainstream media portrays? While Bitcoin’s precipitous rise has been…

 

We’re excited to welcome the latest addition to our institutional team, Jamie Selway as our Global Head of Institutional Markets. Jamie is a widely respected expert on electronic trading and market structure and the former Head of Electronic Brokerage and Head of Execution Services at the global agency broker-dealer and trading technology firm Investment Technology…

 

Over the past 24 hours, Bitcoin has lost 2 percent of its price against the US dollar, dipping below the $6,300 mark to $6,250. While cryptocurrency-only exchanges are demonstrating a price of $6,350 for Bitcoin due to the premium on BTC-to-USDT (Tether) pair, the actual price of Bitcoin remains at around $6,256. The volume of…

 

Key Points Bitcoin price finally made the next move and broke the $6,350 support against the US Dollar. There was a break below a major contracting triangle with support at $6,405 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price traded towards the $6,200 support area where buyers emerged. Bitcoin…

 
 
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