The price of Bitcoin (BTC) has been facing significant downward pressure in 2022, with the flagship digital asset now struggling to hold the $19,000 level. Amid the bear market, crypto trading expert ...
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JPMorgan CEO Called Bitcoin and Other Cryptos “Ponzi Schemes”
4 hours ago | 2 mins read Editors News JPMorgan CEO Jamie Dimon stated he has a major skeptic of crypto tokens. Jamie Dimon advised lawmakers to “be prepared for the worst.” Jamie Dimon, the CEO of JP...
Terra Classic Pumps Again Ahead Of FOMC Week While Bitcoin Continues To Struggle
Join Our Telegram channel to stay up to date on breaking news coverage Over the previous week, the price of LUNC has climbed by 15%, placing it among the top five cryptocurrency gainers on Binance tod...
Worst Phase Of Bitcoin Bear Run Behind Us: Hedge Fund CEO
Even as the cryptocurrency market continues to trade at a fraction of last year’s all time high, interest in sustained. Institutional investors continue to closely look at the crypto industry, with an...
Argentine Airline Flybondi to Adopt NFT Technology for Ticket Issuance – News Bitcoin News
Flybondi, a low-cost Argentine airline, is introducing blockchain tech in its operations. The company announced recently it will start issuing tickets as non-fungible tokens (NFTs), broadening the pos...
Bitcoin Reacts To 75 Basis Point Fed Rate Hike
Tony Spilotro I’m Tony Spilotro. Behind the pseudonym, I’m a global remote work leader with a decade of award-winning content experience and excellence. Here, I explore my newfound passion...
UAE makes a deal to facilitate BTC transactions- The Cryptonomist
CoinCorner, a global leader in offering Bitcoin and Lightning Network services in more than 46 countries, has partnered with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Ma...
Analyst Who Called May 2021 Bitcoin Collapse Says BTC in Opportunity Zone Despite Market Uncertainty
A popular crypto analyst known for calling the Bitcoin (BTC) May 2021 collapse says BTC is still in the “buy zone” despite the sputtering market. The pseudonymous trader known as Dave the Wave tells h...
JPMorgan CEO blasts Bitcoin and crypto as ‘decentralized Ponzi schemes’
JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon has extended his criticism of Bitcoin (BTC) and cryptocurrencies, equating them to a ‘Ponzi scheme.’ Dimon, who was speaking before the United States lawmak...
Hong Kong to Start Testing Digital Currency in Coming Months – Finance Bitcoin News
China’s special administrative region of Hong Kong is going to trial а digital version of its dollar as early as this year, in preparation for eventual roll-out. The territory is trying to catch up wi...
Bitcoin ‘nuke’ warning as Fed rate hike decision looms — Dollar index hits 20-year high
Bitcoin (BTC) underwent a weak rebound on Sept. 21, and the U.S. dollar jumped to a new yearly high as investors await Sept. 21’s Federal Open Market Committee’s interest rate decision. BT...
CoinCorner Partners with Al Maktoum Family Office to Offer BTC Trading in UAE
British Bitcoin (BTC) exchange, CoinCorner has inked a strategic partnership with the Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum to offer residents of the United ...
Brazil’s ‘Bitcoin Pharaoh’ Ordered to Reimburse Conned Investors With $3.7B (Report)
The Brazilian authorities reportedly ordered Glaidson Acácio dos Santos (known as “Bitcoin Pharaoh”) to deposit 19 billion BRL (nearly $3.7 billion) in court. This sum will be transferred to more than...
By The Numbers: How Bitcoin Mining Stacks Up Next To Gold & Oil
The bitcoin mining industry has now grown to the point where it is being measured up against other similar industries that have been around for longer. However, the operations of the bitcoin mining fi...
Binance Founder CZ Announces Romanian Office as Part of Regional Expansion – Exchanges Bitcoin News
Changpeng Zhao (CZ), founder and chief executive officer of cryptocurrency exchange Binance, has announced the opening of an office in Romania. During a visit to the country, he met with high-ranking ...
Bitcoin drops 6.5% after Fed’s 75 bps rate hike; Tether under pressure to produce documents on USDT reserve
The biggest news in the cryptosphere for Sept. 21 includes Bitcoin tanking 6.5% after Fed announced a 75 bps rate hike, a court ordering Tether to provide documents on its reserves, and Ethereum Devs ...
Shark Tank’s Kevin O’Leary Says One Factor Will Determine Bitcoin and Crypto Market Direction
Shark Tank celebrity investor Kevin O’Leary reportedly says that policies will impact investments in the digital asset space as he shares his optimism that US policymakers will be supportive of crypto...
Colorado Becomes the First US State Accepting Taxes in BTC and ETH: Report
The authorities of Colorado announced that state residents can now pay their taxes in cryptocurrencies instead of fiat. Among the supported digital assets are the two biggest by market capitalization ...
Microstrategy Stock Drops 6% Amid Latest $6M Bitcoin Buy
MicroStrategy’s stock dropped 6% at the opening bell on Tuesday after its executive chairman Michael Saylor announced the firm had purchased another 301 Bitcoin, totaling $6 million at the time of pur...
Bitcoin Falls to $19k as Federal Reserve Announces 75 BPS Rate Hike
Following a two-day Federal Open Markets Committee (FOMC) meeting, the Federal Reserve has risen its benchmark interest rate by another 75 BPS. Bitcoin’s price reacted erratically to the news, droppi...
Web3 Game Platform Iskra Raises $40M, Partners with Gate․io for Token Generation Event – Press release Bitcoin News
press release PRESS RELEASE. Iskra, a web3 community game platform that raised $40M from Korean tech giants Krust, Wemade, Netmarble, LINE Studio and others, plans to hold its first Token Generation E...
Indian Government Working on How GST Tax Could Be Applied to Crypto – Taxes Bitcoin News
India’s ministry of finance is reportedly working on how the goods and services tax (GST) could apply to crypto transactions. “A better understanding of how cryptocurrencies fit into our legal system ...
Fed announces 75 bps rate hike; Bitcoin tanks 6.5% on the news
The U.S. Federal Reserve raised interest rates by 75 basis points after the Federal Open Market Committee (FOMC) meeting on Sept. 21, bringing the Federal Funds Rate to 3.25%. Bitcoin reacted with a 6...
Bitcoin, Ethereum, Decred, and Celo Daily Price Analyses – 21 September Roundup
The global crypto market has continued to fluctuate due to difficulties. The value of Bitcoin, Ethereum, and other major names hasn’t been able to stay in a stable range. Instead, the speedy fluctuati...
Buy Moshnake With DOGE & BTC To Explore Play-To-Earn Game…
Play-to-earn games are some of the best innovations to happen in the blockchain crypto industry. These gaming ecosystems are accumulating value in the cryptocurrency market to meet up with established...
Attention, Bitcoin traders! BTC’s next upswing may depend on this crucial factor
Bitcoin [BTC] traders have found themselves in a nail-biting situation this week following its downside in the last seven days. The bearish performance sent BTC crashing and at press time, the crypto ...
Bitcoin Mining Profitability Returns To 2020 Levels, But Why?
Data shows the Bitcoin mining profitability has dropped down to just 2020 levels, here are some reasons behind this trend. Bitcoin Daily Miner Revenues Declined Almost 10% In Last Week Alone As per th...
Data Suggests Bitcoin Gets Chaotic During FOMC Meetings
Bitcoin and other cryptocurrencies in the market have had an interesting week-and-a-half. From the CPI report to the completion of the Ethereum Merge, it has been a rollercoaster of volatile activity ...
BTC Price Hovers above $18.6K Low
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Revisits Critical Support as It Hovers above the $18.6K Low – September 20, 2022 Bitcoin’s (BTC) price is in a downtrend ...
Boba Network Partners With Avalanche, Boba AVAX L2 to Provide ‘Faster Transactions and Lower Fees’ – Blockchain Bitcoin News
On Wednesday, the layer two scaling solution that leverages optimistic rollup technology, Boba Network has revealed it now supports the proof-of-stake (PoS) network Avalanche. According to the Boba Ne...