Bitcoin Goes Through Largest Negative Mining Difficulty Adjustment in Over a Year

The Bitcoin mining difficulty just went through its largest negative readjustment in over a year, declining by over 5%. The hash rate has also decreased lately, which is somewhat normal given the fact...

Will Bitcoin [BTC] rise above its $23,000 level over weekend

Bitcoin [BTC] is back above the $23,000 level despite the announcement by Tesla that it had sold 75% of its BTC holdings. Recall that BTC lost its $24,000 position to $22,000 when the car company publ...

Defi TVL and Smart Contract Platform Tokens Swell in Value With ETH, ETC Leading the Pack – Defi Bitcoin News

The top smart contract platform tokens by market capitalization and the total value locked (TVL) in decentralized finance (defi) have swelled significantly in value during the last few days. Since the...

Bitcoin Balance On Exchanges Soars, BTC Price Displays Weakness

Bitcoin has been unable to break above key resistance levels at around $23,000. As a consequence, the cryptocurrency has been moving sideways over the past two days while preserving some of its gains ...

Large institutions sold $5.5B in BTC since May — and we’re still here

Since May 10, as much as 236,237 Bitcoin (BTC), worth $5.452 billion at the time of writing, has been sold by “large institutions” — mostly as a result of forced selling.  A Twitter thread from Arcane...

Binance CEO Downplays Tesla’s Bitcoin Snub

Alex Dovbnya Binance CEO Changpeng Zhao says that amount of Bitcoin that Tesla liquidated during second quarter was “drop in the ocean” In a recent tweet, Binance CEO Changpeng Zhao downpl...

Retailers are Buying Bitcoin (BTC) at the Fastest Rate in Bitcoin’s History – crypto.news

Onchain trackers reveal that retailers purchasing 1 BTC or less are ramping up at the fastest pace in Bitcoin’s history. Retailers are Ramping Up on Bitcoin In a tweet shared on July 20, an analyst no...

Justin Sun quoted the Selling of Tesla’s 75 percent Bitcoin Holding As “Great News.”

Tesla is selling its 75 percent Bitcoins holding.  Musk mentioned that Tesla would not Sell any of its DogeCoin holdings.    Tesla is an Electric- Car manufacturing company. Elon M...

Major Bitcoin holders Sold their Holding amounting to $5.46 billion in May

$5.46billion priced Bitcoins have sold in the market since May. The highest recorded Bitcoin Price was $68 US Dollars.    As market volatility increases, Bitcoin price is cut down by 65...

NEAR Hits 6-Week High on Friday, NEO Extends Recent Gains – Market Updates Bitcoin News

Near protocol was trading at its highest level since June 10 in today’s session, as prices of the token rose for a second straight day. Neo was also higher on Friday, with prices surging by over 15%, ...

Mercado Bitcoin plans to expand to Mexico

Brazilian crypto exchange Mercado Bitcoin could begin operating in Mexico sometime in 2022, pending regulatory approval. Speaking to Cointelegraph on Thursday, Mercado Bitcoin CEO Reinaldo Rabelo said...

BTC, SOL, AVAX, MATIC and ADA Price Analysis for July 21

After a few days of growth, the cryptocurrency market has entered the correction phase as most coins are in the red zone. BTC/USD The rate of Bitcoin (BTC) has gone down by 6% over the last 24 hours. ...

Bitcoin Miner Core Scientific Strikes $100M Stock Deal After Dumping BTC

Core Scientific signed an agreement to sell $100 million shares to investment firm B. Riley The miner sold 7,202 bitcoin for roughly $167 million in June Major bitcoin mining outfit Core Scientific is...

Market Expert Peter Brandt Says He Owns Bitcoin And Accepts Current Crypto Bullish Narratives

– Advertisement –   Peter Brandt has said that he accepts the bullish narratives around cryptocurrencies at this time.   Peter Brandt, a well-known investor and market expert, has disclose...

Elon Musk Reveals Why Tesla Dumped $936,000,000 in Bitcoin (BTC) in the Second Quarter

Tesla CEO Elon Musk is opening the lid on why the electric car maker disposed of a large chunk of its Bitcoin (BTC) holdings. In a second-quarter earnings call, Musk says Tesla sold a big portion of i...

Bitcoin (BTC) Reclaims $23,000 Level Amid Breakout Rally

Bitcoin (BTC) has broken out from both short and long-term resistance levels and could soon accelerate toward the next closest resistance near $30,000. Bitcoin had been trading underneath a long-term ...

Crypto Traders Are Not Prepared for Imminent Market Move, Says Analyst Who Predicted Bitcoin’s 2022 Crash

A crypto analyst with a history of calling Bitcoin (BTC) retracements is weighing in after the leading digital asset’s recent rally. The pseudonymous trader Capo tells his 455,600 Twitter followers th...

Why tools are needed to keep Bitcoin private

While bitcoin does have relative anonymity when transacted, a determined third party can usually trace the transaction and find both the sending and receiving wallet addresses. However, tools are emer...

Three Arrows Capital Founders Speak After Filing Bankruptcy, Exec Says the ‘Whole Situation Is Regrettable’ – Bitcoin News

This week the two co-founders of the embattled cryptocurrency hedge fund Three Arrows Capital spoke to Bloomberg about their fund crumbling at the seams. The co-founders Su Zhu and Kyle Davies did not...

Bulls or bears? Both have a fair chance in Friday’s Bitcoin options expiry

Bitcoin (BTC) briefly broke above $24,000 on July 20, but the excitement lasted less than two hours after the resistance level proved more challenging than expected. A positive is that the $24,280 hig...

Bitcoin Lightning Network capacity rises to a new high amid bear market

The constant growth of the Bitcoin Lightning Network (LN) continues to accelerate after attaining another milestone undeterred by the ongoing crypto bear market.  In particular, the Lightning Network’...

Key level for Bitcoin: $23,000

According to experts and analysts, the price of Bitcoin would have reached a key level on which a great deal of its future fate depends. Bitcoin: false rise or sustained? The $23,000 level reached thi...

Mercado Bitcoin, A Brazilian Crypto Exchange, To Expand Into Mexico

Mercado Bitcoin, a Brazilian-based cryptocurrency exchange, has recently revealed that it would be making a foray into the Mexican market and starting operations in the second quarter this year. Reina...

Heatwave causes largest Bitcoin mining power drop since China ban

As the world battles with soaring air temperatures that have engulfed multiple countries around the globe and are breaking century-long meteorological records in some of them, Bitcoin (BTC) miners are...

Bitcoin miners sell BTC to cover their dollar obligations, Core Scientific CEO says

Core Scientific CEO and co-founder Mike Levitt says the crypto market space is indeed feeling the heat of the crypto winter, with a price crash across cryptocurrencies impacting mining companies’ deci...

ETH Rebounds, Climbing to Over $1,600 on Friday – Market Updates Bitcoin News

Ethereum was back in the green on Friday, as bulls returned to action following yesterday’s selloff. Crypto markets set aside concerns over Tesla’s bitcoin sale, extending this week’s rally in the pro...

US Calls Off Extradition Request for BTC-e Operator Alexander Vinnik

According to Belot, however, the move will allow U.S. authorities to keep Vinnik in prison longer and later extradite him to Greece, where he was first arrested in 2017, and, ultimately, to the U.S. V...

Bitcoin Gold Price Analysis: BTG Price Moves into Bear Selling Zone, Will There be a Sell-off?

The Bitcoin Gold coin has gained an incredible 26% in the last 24 hours. Despite the recovery, BTG coin is still trading in a falling pattern. Speculators witnessed a highly volatile session last nigh...

Big losses on Bitcoin for Tesla and Microstrategy- The Cryptonomist

Tesla, MicroStrategy, and Block, three of the companies with the largest exposure in Bitcoin, lost about $5 billion on their positions in the second quarter. Tesla, MicroStrategy and Block record $5 b...

Bitcoin likely to Surpass $25,000 Soon, Will BTC Bears Regain Their Dominance?

Bitcoin price presently appears to be pretty strong with extreme bullish price movements. After the recent breakout above $24,000, the asset has significantly maintained its levels close to its monthl...

Two new Risk-Controlled BTC and ETH ETPs From 21Shares

Newly launched 21Shares Risk Controlled ETPs are following the similar pattern as S&P.  Swiss cryptocurrency investment firm, 21Shares went on to launch new financial products. Bitcoin (BTC) ...

Crypto Daily – Daily Crypto And Financial News 22/07/2022, Tesla Sells $936M Of Its Bitcoin Holdings

In Todays Headline TV CryptoDaily News: Tesla sold $936M of its bitcoin holdings in Q2. Electric vehicle maker Tesla converted 75% of its bitcoin holdings into fiat currency, according to an announcem...