Tesla and Spacex CEO Elon Musk says that the U.S. economy is probably in a recession and it could be “tough going” for 12 to 18 months. He added: “The honest reason for inflation is that the governmen...
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Bitcoin miner Bitfarms scales back growth plans for 2022
Canada-based bitcoin miner Bitfarms reported a net income of $5 million in the first quarter of 2022, down by about 50% from the previous quarter. The firm also said during its earnings call on Monday...
What is Wrapped Bitcoin (WBTC)? A Beginner’s Guide
In brief WBTC is an Ethereum ERC-20 token that represents Bitcoin and can be swapped on a 1:1 basis for BTC. BTC holders can use WBTC to participate in Ethereum’s decentralized finance (DeFi) ec...
BTC May Retrace Below $30,000
The Bitcoin price prediction indicates bearish momentum as further upside was rejected during the European session. Bitcoin Prediction Statistics Data: Bitcoin price now – $30,149 Bitcoin market cap –...
The Marvel of Web3 – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
Web3 is considered as the evolution or the next generation of internet, offering decentralized networks for delivering quicker user experiences. All transactions in Web3 are on-chain, meaning, they ar...
South Korea Launches ‘Emergency’ Investigation Into Collapse of LUNA and UST – Regulation Bitcoin News
South Korea’s top financial regulators have launched an emergency investigation into the collapse of cryptocurrency LUNA and stablecoin UST. The authorities have asked domestic cryptocurrency exchange...
BTC May Downsize at $30,000
Bitcoin Price Prediction – May 17An indication suggests that the BTC/USD market operations may downsize from $30,000 reading area. The crypto economy’s worth is now trading between $30,769 and $29,445...
Luna Foundation Guard Clarifies Bitcoin Reserve Transfers!
The Luna Foundation Guard, which is in charge of maintaining the peg of UST, the Terra ecosystem’s stablecoin, has disclosed how it used the available Bitcoin reserve prior to the Terra ecosystem’s la...
China Emerges as Leading Bitcoin Mining Hub a Year After Crackdown: Cambridge Data
China outlawed Bitcoin mining last May. Exactly a year later, the country has re-emerged as the leading venue for mining operations. A new study revealed underground mining activity in the country had...
By The Numbers: Bitcoin’s Most Volatile Day Of 2022 Compared
Bitcoin has had its fair share of highly volatile days since its inception. This comes as no surprise given that volatility remains one of the most prominent characteristics of the cryptocurrency and ...
Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate – Mining Bitcoin News
New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate. While China...
CFTC Chair labels Bitcoin, Ethereum as commodities
Rostin Behnam, the Chair of the Commodity Futures Trading Commission (CFTC), claimed Bitcoin (BTC) and Ethereum (ETH) are commodities. He said this during an interview with CNBC’s Squawk Box on Monday...
3 Metrics That Point Out Bitcoin May Ignite a Larger Move Very soon!
Bitcoin in a longer time frame appears to be pretty unsure of its upcoming move, but in the short-term, the asset is on the verge to make a huge move. In a 4-hr chart, the price is swinging with a bul...
BTC/USD Drifting Sideways Around 30000 Figure: Sally Ho’s Technical Analysis 18 May 2022 BTC
Bitcoin (BTC/USD) extended its sideways trading activity early in the Asian session as the pair continued to hover around the 30000 figure after recently trading as high as the 31418.35 area, represen...
Bitcoin Spot Volume Soars, 7-Day Average Tops $10B
Data shows the Bitcoin 7-day average spot trading volume has continued to shoot up this week as trading activity in the market lights up. Bitcoin Market Observes More Than $10 Billion In Volume In Pas...
Terra Community Plans to Vote on Forking the Chain — Launch May Airdrop a Billion New Tokens to Network Participants – Bitcoin News
Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the Terra ecosystem revival plans and one specific proposal will be voted on May...
Crypto Carnage Causes Flight To Bitcoin Safe Haven, Dominance Demonstrates
The crypto bloodbath continues to rage on, as bitcoin drops 13%, although to a lesser degree than what was experienced last week. Due to this, there have been several migration patterns recorded in cr...
Bitcoin, Bukele and a bevy of central bankers meet in El Salvador
This week, 44 central bankers from developing countries around the world are attending a conference in El Salvador to discuss financial inclusion, financing for small and medium-sized businesses and B...
Ben Bernanke sees no value in Bitcoin- The Cryptonomist
Ben Bernanke, former Fed Chairman, sees Bitcoin as only useful for illicit uses. Former Fed Chairman Ben Bernanke sees only negative utility in Bitcoin Who knows how many may remember Ben Bernanke, th...
Bitcoin price analysis: BTC not yet ready to continue higher, retest of $29,500 overnight?
Bitcoin price analysis is bearish today as we have seen failure to continue higher after another higher low was set at $29,500 yesterday. Therefore, BTC/USD should retest the support next and potentia...
The First Rewards Card for the Web3 World by The Crypto Card Club – Press release Bitcoin News
press release PRESS RELEASE. An emerging NFT company, The Crypto Card Club, has developed an innovative system that aims to recognise and reward investors by merging real-world reward point systems wi...
Bitcoin, Binance Coin, Aave, and Klaytn Daily Price Analyses – 17 May Morning Price Prediction
The performance of the global crypto market has improved after facing severe bullishness the other day. At the start of the new day for Bitcoin and others, the changes in its value have given the mark...
Bitcoin Market Plunges Into Extreme Fear, How Scary Does It Get?
Data shows the Bitcoin market sentiment has remained deep in extreme fear this week as broader financial markets also get fearful. Bitcoin Fear And Greed Index Shows A Value Of 12 This Week As per the...
BTC-gold ratio suggests Bitcoin is at ‘solid support’
The Director of Global Macro at Fidelity, Jurrien Timmer, tweeted his analysis of the current situation following Bitcoin’s sell-off in recent weeks. Using a variety of metrics, in particular the Bitc...
Former Goldman Sachs Executive Raoul Pal Says Bitcoin (BTC) Forming Massive Bullish Technical Pattern
A popular crypto investor thinks Bitcoin (BTC) is trading within a pattern indicating BTC bulls are about to take over the market. Real Vision CEO Raoul Pal says in a new video that Bitcoin is forming...
Bitcoin.com: the exchange’s May 2022 crypto report
Bitcoin.com Exchange released its crypto report for May 2022, showing a performance analysis of the cryptocurrency market. Bitcoin.com crypto report: market performance for May 2022 According to repo...
Crypto Market Madness Leads To Surge In Bitcoin On-Chain Activity
The current crypto market climate has seen bitcoin on-chain activity light up like a Christmas tree. All across the board, on-chain activity is surging. This is a result of the recent dips and recover...
Crypto Funds See Year’s Highest Inflows As Bitcoin Investors Buy Into Price Weakness ⋆ ZyCrypto
Advertisement     Investors are snapping up crypto assets in the wake of the market crash. Funds amounting to over $274 million flowed into the market in the last 7 da...
BTC Whales Make Moves as the Crypto Market Struggles to Recover – crypto.news
Last week, the crypto market experienced high volatility, a massive price loss, and scams. After a week of these events, the market is starting to recover. The market started to recover on Sunday as i...
L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow – Altcoins Bitcoin News
Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5...
Former Fed chair says Bitcoin cannot be used as alternative money
Ben Bernanke, a former chair of the US Federal Reserve, has said that cryptocurrencies, including Bitcoin, cannot be used as an alternative to fiat. Bernanke said that the only use case for Bitcoin wa...
Jack Dorsey Responds to SBF’s Comments on Bitcoin Scaling and Proof of Work
Jack Dorsey was not pleased with FTX CEO Sam Bankman Fried (SBF)’s recent criticisms of Bitcoin’s viability as a payments system. The Block Head confronted him yesterday over his failure to acknowledg...