(Bloomberg) — Bitcoin’s cost of production has dropped from about $24,000 at the start of June to around $13,000 now, which may be seen as a negative for pricing, according to JPMorgan Chase &am...
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How Bitcoin’s strong correlation to stocks could trigger a drop to $8,000
The Bitcoin (BTC) price chart from the past couple of months reflects nothing more than a bearish outlook and it’s no secret that the cryptocurrency has consistently made lower lows since breaching $4...
Bitcoin Casinos – Where, What and How to Play
Tough restrictions pertaining to online gambling is an annoying obstacle for both casinos and their players. With that said, the emergence of VPN use and/or cryptocurrency shows that online gambling e...
Bank of Russia Says Stablecoins Are Not Suitable for Settlements – Finance Bitcoin News
The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for payments. The monetary authority reacted to a statement by a top finance ministry official...
Bitcoin Slots – Which One to Play Right Now to Win Big?
There’s no denying the impact the emergence of cryptocurrency has had on society in general. The fact that it has been making giant strides into online gambling is an expected result of that. Today th...
Richest Bitcoin Whale’s BTC Holdings Explode to Over $2,560,000,000 Amid Renewed Accumulation Frenzy
The richest non-exchange Bitcoin (BTC) whale continues to gobble up BTC as the largest crypto by market cap hovers near $20,000. According to data from BitInfoCharts, the whale address has added 1,480...
SEC pushes decision on ARK 21Shares spot Bitcoin ETF to August
The US Securities and Exchange Commission (SEC) is still hesitant to approve a spot Bitcoin exchange-traded fund (ETF). The regulator has postponed the deadline to approve or reject the ARK 21Shares B...
Systematic Risks Are Going to Build if Bitcoin Does Not Get Regulations – Coinpedia – Fintech & Cryptocurreny News Media
Since Bitcoin has been seeing bearish price movement with low overall volatility, there are no signals of strength or recovery in its price. After a brief rise to the $21K level, the price is graduall...
Here’s How Long-Term Bitcoin Holders Are Reacting To The Crypto Bear Market
The largest cryptocurrency, Bitcoin (BTC), has had a 70% decline from its all-time high in November 2021, suggesting that it has already experienced the worst of this bear market as it touched the $17...
JPMorgan Says Bitcoin Production Cost Drops 50% to $13,000, Why This Is Negative for BTC?
Wall Street banking JPMorgan has recently published a report that suggests that the Bitcoin production cost has dropped 50% over the last month. Currently, the BTC production cost stands at $13,000 do...
Bitcoin Price Reclaims $20K, Can BTC Surpass The 100 SMA
Bitcoin extended losses and traded below $19,200 against the US Dollar. BTC found support near $19,000 and started an upside correction. Bitcoin traded as low as $18,916 and started an upside correcti...
Price analysis 7/13: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO
Bitcoin price saw a brief pull-back following July 13’s high inflation print, but the rebound seen in BTC and altcoins suggests that buyers are buying the dip. The United States Consumer Price Index s...
SEC Extends Deadline for Approving Ark Invest’s Bitcoin ETF to August
The latest development from the regulatory body reportedly comes after the commission rejected Grayscale’s attempt to convert its Bitcoin trust into an ETF in June. The United States Securities and Ex...
CoinShares CSO expects Bitcoin pump to ATH within two years
The chief strategy officer at CoinShares, Meltem Demirors, has said that Bitcoin will achieve a new all-time high within the next two years. During an interview with CNBC’s Squawk Box, Demirors said t...
Cost of Producing Bitcoin Dropped to around $13,000, says JPMorgan
The cost of producing Bitcoin has gone negative as it dropped from about $24,000 at the start of June to around $13,000 now, according to JPMorgan Chase & Co. Bloomberg reported, citing a note fro...
14% of Saudis Are Crypto Investors, 76% Have Less Than One Year of Experience in Cryptocurrency Investment – Featured Bitcoin News
About 14% of Saudi residents are either current crypto investors or have traded crypto in the past six months, the latest Kucoin study has found. The study has also found that 76% of investors have le...
BTC, ADA, and BNB Price Analysis for July 13
Denys Serhiichuk Can the second part of July become bullish for the cryptocurrency market? The cryptocurrency market is slightly recovering after the correction, with some of the coins returning to th...
Bitcoin, Ethereum, Cardano, and Tron Daily Price Analyses – 13 July Roundup
The global crypto market continues to improve as the influx of capital continues. These changes have helped it regain value as investors intend to strengthen it. The value of Bitcoin and other coins i...
3 reasons why Bitcoin is struggling to flip $20K to support
The positive gains recorded in the first ten days of July have all but disappeared on July 13 as Bitcoin (BTC) and the wider market slid back toward new yearly lows. Subdued action in the market can b...
Michael Saylor Discloses Real Value of Bitcoin Despite Record Inflation
Gamza Khanzadaev MicroStrategy’s CEO continues to endorse BTC amid bad inflation report The main subject of discussion on financial markets, and in crypto in particular, was the record U.S. inflation,...
Is Soaring US Inflation Rate Hurting Bitcoin’s Revival Chances?
Key inflation data in the United States in June was just released by the Bureau of Labor Statistics on Wednesday, highlighting among many things that consumers are paying much more for basic necessiti...
State-Owned Swiss Bank Postfinance to Offer Clients Direct Access to Crypto Market – Featured Bitcoin News
Swiss post office’s banking unit, the state-owned Postfinance, is reportedly preparing to enter the crypto market. “Our clients want direct access to this market through their house bank.” Swiss Post ...
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BTC/USD Bears in Charge Below 20000: Sally Ho’s Technical Analysis 14 July 2022 BTC
Bitcoin (BTC/USD) lengthened its ongoing depreciation early in the Asian session as the pair remained weak below the psychologically-important 20000 figure after trading as low as the 19226.47 area. ...
Chamath Palihapitiya Says Bitcoin Has to Be Regulated Like Security
Alex Dovbnya Billionaire Chamath Palihapitiya has called for implementing more stringent regulations for Bitcoin During a recent podcast appearance, Chamath Palihapitiya, a Sri Lankan-born Canadian an...
BTC Gets Ready to Hit $22,000 Resistance
As the Bitcoin price prediction shoots above $19,500, the bulls are ready to push the king coin to cross the resistance level of $20,000. Bitcoin Prediction Statistics Data: Bitcoin price now – $19,87...
EU Regulator Warns About Crypto — Questions Whether Many Will Survive – Bitcoin News
European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question” about whet...
Negative CPI Report Causes Bitcoin Market Cap To Lose $15 Billion In 10 Minutes
For the month of June 2022, the US Bureau of Labor Statistics published its Consumer Price Index. The Negative CPI was found to be 9.1%, the largest inflation increase in the US in the previous 40 yea...
Bitcoin Can Now Be Bought at Over 175,000 ATMs as Hyosung America Adds Crypto Functionality
Tomiwabold Olajide ATM provider Hyosung America to add cryptocurrency services to 175,000 ATMs and AppStore Bitcoin can now be bought at over 175,000 ATMs as Hyosung America adds cryptocurrency servic...
Adshares Establishes Premium Partnership With Sandbox – Press release Bitcoin News
press release PRESS RELEASE. Adshares (ADS) is putting another stake in Metaverse’s advertising territory through a partnership with Sandbox (SAND). The long-awaited partnership by the Adshares commun...