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Category: Bitcoin
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Bitcoin indicator that nailed all bottoms predicts $15.6K BTC price floor
Bitcoin (BTC) needs to go lower before putting in a macro bottom, one of the market’s most accurate indicators shows. Data from sources including on-chain analytics firm Glassnode shows Bitcoin’s MVRV...
VanEck files another application for a spot Bitcoin ETF
VanEck, a New York-based investment management firm, has filed another application with the US Securities and Exchange Commission (SEC) for a spot Bitcoin exchange-traded fund (ETF). The SEC has previ...
What determines the Bitcoin price?
Various factors impacting Bitcoin’s price include the supply and demand of BTC, competition from other cryptocurrencies and news, cost of production and regulation. Supply and demand Those with ...
Bitcoin, Binance Coin, Tezos, and Filecoin Daily Price Analyses – 2 June Morning Price Prediction
The changes in the global crypto market have continued to bring fluctuations. These changes have resulted in the in bringing losses for Bitcoin, Binance Coin, and others. As the fluctuations continue,...
NFT Sales Stave off Crypto Market Downturn This Week With a Slight Uptick in Volume – Markets and Prices Bitcoin News
Non-fungible token (NFT) sales have managed to stay consistent this week while the crypto economy saw more losses over the last seven days. The week prior, $152.9 million in NFT sales were recorded ac...
Jay-Z and Jack Dorsey Unveil the Bitcoin Academy
The trend of celebrities getting involved in the crypto scene continues to grow. The latest celeb to join the bitcoin ranks is rapper and businessman Jay-Z, who is also the husband of famed “Destiny’s...
Bitcoin will see ‘long bear market’ says trader with BTC price stuck at $19K
Bitcoin (BTC) failed to reclaim recent losses into July 2 as traders prepared for stagnant price action to continue. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Downtrend accele...
CFTC Unveils $1,700,000,000 Bitcoin Trading Scheme Allegations in Largest-Ever Charge Involving BTC
The Commodity Futures Trading Commission (CTFC) is charging a South African trading company using Bitcoin (BTC) as its base currency for allegedly running the largest-ever BTC trading scheme. Accordin...
These Four Factors Caused 88% of Variance in BTC Price over Last Four Years
Tomiwabold Olajide These four factors accounted for 88% of variation in BTC price over previous four years Aaron Brown, head of financial market research at AQR Capital Management, estimates that the ...
Grayscale Bitcoin Trust’s Discount Is Tempting. Why It’s Not a Slam Dunk.
There is a way to buy Bitcoin for nearly a third less than the market price, but investors do so at their peril. That is the broad lesson to draw from the travails of the Grayscale Bitcoin Trust (tick...
Bitcoin: Working out realistic chances of BTC holding its immediate support
With the bears capping the buying rallies at the $21.6K-mark for over two weeks now, Bitcoin [BTC] steeply slumped in the last five days. The near-term trajectory revealed a bearish edge. Thus, the ki...
BTC, BNB, ADA and MATIC Price Analysis for July 1
July has started with the bounceback of the cryptocurrency market, as all of the top 10 coins are in the green zone. Top coins by CoinMarketCap BTC/USD Bitcoin (BTC) has begun the new month with a sli...
Jacobi to Launch Bitcoin ETF in Europe Amid Tightening Rules
Jacobi Asset Management is set to launch a Bitcoin exchange-traded fund (ETF) on the Euronext Amsterdam Exchange this month. In a release, the company said the fund will trade under the ticker BCOIN, ...
MicroStrategy Buys More Bitcoin – Is this a Bottom Signal
MicroStrategy Inc, a business intelligence and software company headed by Michael Saylor, recently made a Bitcoin purchase, at times when the crypto market appears to be on the brink of collapse. The ...
BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected – Mining Bitcoin News
While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending on the devices they...
SBF says FTX could acquire distressed BTC mining companies to prevent contagion fears
FTX CEO Sam Bankman-Fried is reportedly turning his attention to the crypto-mining industries with the possibility of acquiring distressed mining firms, Bloomberg News reported. This is coming after F...
‘It’s A Mistake To Stop Acquiring Bitcoin,’ Says Saylor As MicroStrategy Doubles Down On BTC Buys ⋆ ZyCrypto
Advertisement     Michael Saylor, CEO of business intelligence firm MicroStrategy (MSTR) has dispelled chatter that the firm’s Bitcoin bet is on the verge of facing li...
Bitcoin Maintains $30K Despite ECB Rate Hikes
Bitcoin has been holding steady as of late. While it may be a little too early to determine if the world’s number one digital currency by market is making its way out of the doldrums and potentially r...
El Salvador buys the Bitcoin dip with an additional 80 coins
El Salvador has bought an additional 80 Bitcoins during the ongoing dip. The recent purchase has increased El Salvador’s total Bitcoin holdings to 2381 BTC. The country continues accumulating more coi...
Mexican Senator Indira Kempis Proposed Bill To Legalize Bitcoin
11 seconds ago | 2 mins read Editors News Over 67 million individuals in Mexico still do not have access to a bank account. Indira Kempis proposed a bill to accept BTC as legal tender in Mexico. Mexic...
ATOM up for Fourth Straight Session, While XTZ Rebounds on Saturday Low – Market Updates Bitcoin News
Cosmos rose for a fourth consecutive session to start the weekend, as prices edged closer to a resistance point. While cosmos (ATOM) extended gains, tezos (XTZ) rebounded following a streak of recent ...
Bitcoin trader says expect more chop, downside, then sideways price action for BTC this summer
Discussion of the state of the crypto market has been a dominant headline over the past few weeks as non-crypto native media excoriate Bitcoin (BTC) and DeFi investors for investing in assets with no ...
CFTC files a lawsuit on fraud involving $1.7 billion Bitcoin
The US Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Mirror Trading International Proprietary Limited (MTI) and its CEO, Cornelius Johannes Steynberg. The lawsuit charges the...
Crypto Space May Show Some Signs of Recovery, Will Bitcoin(BTC) Price Rebound to Hit $22,000?
Bitcoin prices have been trading below $20,000 for the second day in a row and displaying huge possibilities of dropping hard. The current descending trend is expected to get accelerated soon which ma...
VanEck Takes Another Shot At Introducing Spot Bitcoin ETF ⋆ ZyCrypto
Advertisement     New York-based wealth manager VanEck has filed a fresh application with the U.S. Securities and Exchange Commission to gain approval for its spot bit...
Bitcoin Miners Likely Behind Crash Below $19K, Here’s Why
Bitcoin prices have registered a drop of over 10% in the past 7 days. The data suggest that high selling pressure from BTC miners has directed its price to crash below the crucial price level of $19K....
Bitcoin Whales Now Control 45.6% of BTC Supply & Continue to Aggressively Accumulate
Gamza Khanzadaev Bitcoin whales’ strategy did not change much during recent crypto market collapse According to data from crypto analytics agency Glassnode, Bitcoin whales—those who hold more th...
Minima Blockchain Network Reaches 120,000 Complete Nodes, Surpasses Bitcoin Node Count
Minima Global, a London-based cooperative blockchain network that enables anyone to run a complete node on mobile and IoT devices, announced on Thursday that the number of Minima nodes has reached 120...
For Bitcoin investors, this metric foreshadows ‘oncoming price turnarounds’
The second financial quarter of 2022 didn’t end very well for Bitcoin [BTC]. In what can be called ‘extreme market conditions,’ the flagship crypto coin has been struggling on all fronts. Investors ar...
BTC Edges Closer to $18,800 Support Level on Saturday – Market Updates Bitcoin News
Bitcoin moved closer to its long-term support level of $18,800 to start the weekend, as prices of cryptocurrencies were once again lower. While bitcoin has now fallen for seven straight sessions, ethe...