In a surprise recovery, the world’s largest cryptocurrency Bitcoin (BTC) managed to give a successful weekly closing above $30,000. This was the first-ever positive close by Bitcoin over the last ten ...
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Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam – Mining Bitcoin News
Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important factors for the future of the industry. Damián Polla, Bitfarm’s La...
MicroStrategy CEO Saylor says bitcoin’s near-term volatility largely irrelevant
Bitcoin’s near-term volatility is largely irrelevant once you understand the fundamentals of the leading cryptocurrency and how difficult it would be to create something better, according to MicroStra...
Fidelity’s Macro Chief Modifies S2F, Predicts $140k Bitcoin Price by 2025
Jurrien Timmer, director of global macro at asset management firm Fidelity Investments, recently shared a modified version of the Bitcoin Stock-to-flow (S2F) model dubbed the S-Curve Model. Using the ...
60% Crash Incoming, BTC Price To Drop at $12K
The most valuable cryptocurrency by market capitalization ended May, a traditionally bullish month, in bear territory. This was mostly due to massive downward pressure on bitcoin from markets. Even wi...
Goldman Sachs Survey Shows Insurers Are Warming Up to Bitcoin and Crypto
Wall Street banking giant Goldman Sachs recently released the data from its annual insurance survey. Interestingly, for the first time, the survey had an outlook on cryptocurrencies. After surveying n...
Kim Dotcom Says ‘US Is Beyond Bankrupt,’ Digital Entrepreneur Predicts a ‘Controlled Demolition of Global Markets’ – Economics Bitcoin News
On June 5, 2022, the entrepreneur and activist known as Kim Dotcom published a post on Twitter and said it “may be the most important thread” he ever makes concerning a major global collapse. In the t...
BTC Price Revisits $32.4K High
Bitcoin Bulls Defend $29.3 Low as BTC Price Revisits $32.4K High – June 5, 2022 BTC/USD rebounds above the $29,907 support as BTC price revisits $32.4K high. The largest crypto is rising to revisit th...
Bitcoin (BTC) Registers the First Weekly Green Candle in 10 Weeks, But 25% Correction Looms
It has been a volatile week for the the world’s largest cryptocurrecy Bitcoin (BTC). However, BTC has managed to register the first weekly green chandle in nearly three months. As of press time, Bitco...
BTC Could see More Price Decrease as Capital Inflow Increases
Bitcoin prices over the last seven days have been random, defying previous trading patterns. This has resulted in uncertainty trailing the coin. However, new evidence points to the coin experiencing m...
Bitcoin, Ethereum, NEM, and Arweave Daily Price Analyses – 5 June Roundup
The global crypto market has continued to grow in value as the gains have improved. The value of Bitcoin, which was fluctuating recently, has begun to stabilize. If we compare the gains for other coin...
Bitcoin Forms Bullish Pattern, Why BTC Could Accelerate Higher
Bitcoin remained well bid above the $29,350 support zone against the US Dollar. BTC started a fresh increase and cleared the $30,000 resistance zone. Bitcoin started a recovery wave from the $29,350 s...
37% of Survey Participants Want Bitcoin Legalized Inside Their Countries
A recent study conducted by The Economist estimated that 37% of the participants want their governments to declare bitcoin or other cryptocurrencies as legal tender for internal transactions. Central ...
Dubai’s Retail Giant Majid Al Futtaim Accepts Crypto at 29 Shopping Malls and 13 Hotels in Partnership With Binance – Featured Bitcoin News
Leading shopping mall operator Majid Al Futtaim has partnered with Binance to accept cryptocurrencies at its malls and other properties. “Majid Al Futtaim is one of the most prestigious businesses in ...
Bitcoin and Other Cryptos Tick Up in Weekend Trading
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Good morning. Here’s what’s happening: Prices: B...
The Race to Nation-State Bitcoin Adoption Is Just Beginning
The adoption of Bitcoin by nation-states is happening faster than Samson Mow previously predicted, and the CEO of JAN3 believes that a nation-state race to accumulate Bitcoin is just around the corner...
SEC Launches Game-Show Campaign to Educate Investors in ‘a Playful Way’ – Crypto Included – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has launched a game-show campaign to help investors make informed decisions “in a playful way.” One of the contestants in the game show chose to liste...
Here’s How Bitcoin Could Perform in Coming Weeks As BTC Impersonates June 2021 Price Action: Top Analyst
A widely followed crypto strategist is predicting how Bitcoin could trade in the coming weeks as he says BTC is currently following its June 2021 price action. Analyst Justin Bennett tells his 100,900...
Uganda Central Bank Says It Is Open to Crypto Firms Participating in Regulatory Sandbox – Regulation Bitcoin News
The Bank of Uganda (BOU) has hinted that it is open to the idea of crypto firms participating in the regulatory sandbox. The central bank’s position follows its deliberations with a team from the Bloc...
Bitcoin ATM Installations Plunge in May, CoinRadar Data Shows
The ongoing ‘crypto winter’ is now reflected in the number of Bitcoin Automated Teller Machine (ATM) installations across the globe. While there has been a growing decline in these ATM installations i...
BTC, ADA, XLM, XMR, MANA
The bears are trying to extend Bitcoin’s (BTC) record of nine consecutive red weekly candles to ten weeks, but the bulls are trying to avert this negative occurrence. Although sentiment remains negati...
Avalanche Co-Founder Emin Gün Sirer Discusses Macro Conditions and AVAX Sliding in Value – Bitcoin News
The price of Avalanche has slid significantly since the crypto asset’s all-time high as the token has dropped 83% in value since then. In a recent interview published on May 31, Avalanche co-founder, ...
ARK Invest’s Cathie Wood Says Big Upside Volatility Coming for Bitcoin As On-Chain Data Flashes Green for BTC
ARK Invest founder Cathie Wood is predicting a big upswing for Bitcoin as BTC’s on-chain metrics flash bullish signals. In a new episode of the hedge fund’s In the Know YouTube series, Wood says that...
BTC, ADA and BNB Price Analysis for June 5
The last day of the week is neither bullish nor bearish as some coins are trading in the green zone while others are in the red. Top coins by CoinMarketCap BTC/USD Even though the rate of Bitcoin (BTC...
Crypto Weekly Review June 5 – A Bullish Sunday Would End the BTC Rout
Key Insights: After a series of heavy weekly losses, it was a mixed week for bitcoin (BTC) and the broader crypto market. Regulatory chatter and market angst over Fed monetary policy pegged the market...
Why this analyst believes Bitcoin [BTC] could be the ‘best asset’ to own
Bloomberg analyst Mike McGlone recently appeared in an interview with Kitco News. The interview that largely focused on McGlone’s views on the expanding digital assets industry also included a talk re...
Ripple CEO Brad Garlinghouse Hints at Future Mergers and Acquisitions – Bitcoin News
While visiting the World Economic Forum (WEF) event in Davos, Ripple Labs CEO, Brad Garlinghouse discussed the firm’s growth opportunities and despite the crypto economy’s downturn, Garlinghouse spoke...
Long-Term Correlation Between Bitcoin and Wall Street Waned as BTC Has Better Returns (Report)
Prior to the pandemic, Bitcoin appealed to many as an inflationary hedge due to its low (near zero) correlation with traditional assets such as stocks. However, in recent times, the narrative has take...
New Bitcoin ATM Installation Across the Globe Dips Amid Global Tensions
817 Bitcoin ATMs were erected throughout the globe in the first five days of June. 1,419 ATMs make up 3.8 percent of the ATMs in Europe. Throughout the year 2022 so far, the number of Bitcoin (BTC) AT...
Bitcoin Miners Are Selling Tokens as Prices Linger Near Lows
(Bloomberg) — Bitcoin miners are beginning to sell tokens they’ve hoarded to cover burgeoning costs with the prospects for industry growth slowing and the price of the largest cryptocurrency sho...
Cardano Faces Institutional Inflows as Investors Pull Funds from Ethereum and Bitcoin to ADA
Arman Shirinyan Cardano may beat Ethereum and Solana as institutions see more potential on network than ever Cardano is seeing inflows of funds from institutional investors as the demand for the netwo...