Layer1 Secures $50M from Peter Thiel, Others to Mine Crypto in Texas

Cryptocurrency investment and infrastructure platform Layer1 has secured $50 million from investors including Peter Thiel in a Series A funding round. Cryptocurrency investment and infrastructure platform Layer1 has secured $50 million from a number of industry stakeholders in a Series A funding round. As Fortune reported on Oct. 15, venture capitalist and PayPal co-founder Peter […]

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Bitcoin Price Flat at $8.3K as Moving Averages Indicators Flip Bearish

Analysts are anticipating a retest of $8K as Bitcoin price indicators turn bearish on multiple timeframes, according to analysts. Bitcoin price (BTC) continued its latest sideways trading pattern on Oct. 15 as analysts increasingly warned over likely short-term volatility. Cryptocurrency market daily overview. Source: Coin360 Bitcoin clings to $8K support Data from Coin360 showed BTC/USD […]

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Consolidating Bitcoin Price May Be Setting Up Ethereum for a 30% Surge

Ether’s ETH/USD and ETH/BTC pairings are providing excellent intraday and swing trading opportunities despite Bitcoin’s consolidation and short-term bearish bias. Bitcoin (BTC) dominance remains high at 66.3% and so does the amount of attention traders are dedicating to the largest digital asset’s price action. Last week’s move from $7,800 to $8,850 will have further entranced […]

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