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Nubank, the leading digital bank, introduces BTC and ETH
Nubank, Brazil’s leading digital bank by market cap, said on Wednesday that users would be able to trade bitcoin (BTC) and ether (ETH) on its network. To show its confidence in bitcoin, Nu Holdings, t...
Germany Won’t Tax Bitcoin, Ethereum Sold After One Year of Possession
Germany’s federal finance ministry (BMF) issued the country’s first guidance on the income tax treatment of cryptocurrencies, as well as other blockchain-based tokens. The 24-page document issue...
Bitcoin (BTC) Slips To Near $28K In Minutes After U.S. Inflation
Bitcoin (BTC) sank below $30,000 on Wednesday, minutes after data showed U.S. inflation was higher than expected in April. BTC dropped over 6% from intraday highs, and fell as low as $29,100. Other ma...
Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI – Exchanges Bitcoin News
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank o...
Bitcoin Breaks $30K, Why This Could Turn Into Larger Downtrend
Bitcoin failed to recover above $32,000 against the US Dollar. BTC is gaining bearish momentum and trading below the key $30,000 support zone. Bitcoin started a fresh decline and traded below the key ...
Bitcoin at 16-Month Low as UST Collapse Shows Risks of ‘Algo’ Stablecoins
Bitcoin, the largest cryptocurrency by market capitalization, was recently trading at $28,500, down about 7%, although it fared better than most other major cryptos, underscoring its status as a less ...
Jack Henry Customers Now Have Bitcoin Access Following a Partnership With NYDIG
A partnership deal between Jack Henry & Associates and New York Digital Investment Group (NYDIG) will enable community financial institutions to offer bitcoin services following increased interest...
Terra ‘rescue plan’ still at large as LUNA falls below $5, Bitcoin spikes to ‘$138K’ in UST
Panic appeared to set in on crypto markets overnight on May 11 as Blockchain protocol Terra failed to steady its bleeding crypto assets. Data from Cointelegraph Markets Pro and TradingView showed both...
Terra UST Declines 88% in 5 Weeks as LUNA Foundation Liquidates Entire $BTC Holdings
Tomiwabold Olajide Embattled cryptocurrency is now down a staggering 96.49% from its all-time high of $119 reached on April 5 Terra’s LUNA continued its free fall on May 11, shedding 88% in five...
8.3% U.S Inflation CPI Causes Panic Among Investors, Bitcoin Drops Further
2 hours ago | 2 mins read Editors News With Bitcoin’s price falling, miners may be in for a rough ride as well. After the readings, other major cryptocurrencies also went negative for the day. Minutes...
Bitcoin, Ethereum, Shiba Inu, and Polygon MATIC Daily Price Analyses – 11 May Roundup
The global crypto market hasn’t performed well over the last 24 hours, as the indicators suggest a crash. Most of the coins, including Bitcoin, have entered a red zone as their value has depreciated t...
President Bukele Shows Plans of Proposed Ambitious Bitcoin City
President Nayib Bukele of El Salvador has unveiled development plans for the country’s planned Bitcoin City shortly after the nation made its latest BTC purchase. Bukele Moving Ahead With Bitcoin City...
Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law – Regulation Bitcoin News
The Shanghai High People’s Court has declared bitcoin to be a virtual asset protected by Chinese law. The court notes that the cryptocurrency has economic value. Bitcoin Is Property Protected by Law i...
Townsquare acquires more $5M worth Bitcoin
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Terra USD Collapse Exposes Critical Flaw in Bitcoin, Peter Schiff Insists
Yuri Molchan Prominent BTC critic Schiff opines on why the collapse of UST has exposed a major flaw in Bitcoin and crypto overall The CEO of Euro Pacific Capital, gold bug Peter Schiff, has taken to T...
Bitcoin Mining Difficulty Reaches All-Time High as Market Drops
New data suggests that the bitcoin mining difficulty has reached an all-time high as the price of the asset hits a one-year low. Mining difficulty, which is a way to measure the problem of finding the...
As Bitcoin Mining Difficulty Hits 5% ATH, Majority Of Miners Shift To Ethereum
The mining difficulty for Bitcoin (BTC) has reached an all-time high, reducing the already diminishing profit margins of miners. The new development could be catastrophic for crypto miners. As it also...
Bitcoin Remains Fragile, What’s The Next Major Support Area?
Bitcoin has shed close to 20% of its market value over the last week. King coin underwent six consecutive weeks of bearish pressure. The coin has retested levels that it touched in August, last year. ...
‘Dr. Doom’ Nouriel Roubini to Launch Tokenized Dollar Replacement — With Payment and ESG Features – Bitcoin News
Economist Nouriel Roubini, a crypto skeptic known as “Dr. Doom,” is developing a tokenized asset intended to be a more resilient U.S. dollar. “Our goal is to create a global store of value … This is s...
Bitcoin Funding Rates Remain Unmoved Despite Plunge To $30,000
Bitcoin funding rates had taken a plunge at the beginning of May. While this had not been a pronounced bear trend at that point, the price of BTC was already showing some signs of weakness. That weakn...
The Mining Difficulties Of Bitcoin Had Surpassed All Previous Highs
On Wednesday, Bitcoin mining difficulty reached a new all-time high, up 4.9 percent from the last adjustment last month. Interesting Tidbits According to BTC.com data, the mining difficulty reading is...
Nubank, Brazil’s Largest Digital Bank, Launches Bitcoin and Ether Trading
In December, Nu Holdings went public at an initial valuation of $41.5 billion, making it one of Brazil’s most valuable companies, though its market cap has since fallen to around $17.4 billion. ...
Will Bitcoin Reach Around $50,000 In Q3?
4 hours ago | 2 mins read Bitcoin News An analysis platform has stated that BTC will reach $50K in Q3. The actual state of the crypto market has let down the trader’s expectations. IncomeSharks states...
Gemini Denies Bitcoin Loan Rumors
Key Takeaways Gemini has denied rumors today that it lent 100,000 BTC ($3 billion) to BlackRock and Citadel. An unsourced rumor suggested the companies dumped the borrowed crypto, causing TerraUSDR...
Bitcoin not the Future of Crypto Industry
William Cai, the co-founder of asset management firm Wilshire Phoenix, has argued that bitcoin (BTC) may not be the future of the cryptocurrency industry. Instead, investors should pay more attention ...
Bitcoin Briefly Falls to $29k as Headline Inflation Slows to 8.3%
The Labor Department’s most recent Consumer Price Index (CPI) report showed headline inflation down for the first time since November 2020. Bitcoin’s price did not react kindly to the news, immediatel...
Bitcoin Bleeds For Sixth Consecutive Weeks, Worst Stretch Since 2014
Leading cryptocurrency bitcoin has been taking a beating after beating in the market. What this has resulted in is a continuous red market for the cryptocurrency. With its price now leaning dangerousl...
Robert Kiyosaki Asserts “Bitcoin Will Win” As BTC Enters Brutal Bearish Storm ⋆ ZyCrypto
Advertisement     Bitcoin has had a bittersweet journey this year. After starting the year strongly following its impressive all-time high in November 2021, the price ...
Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates – Finance Bitcoin News
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-...
New York digital media company the latest to add Bitcoin to balance sheet
Townsquare Media, a New York-based digital marketing and radio station company, is the latest business to back the original cryptocurrency with its addition of $5 million worth of Bitcoin (BTC) to its...
Bitcoin whale Michael Saylor tries to defuse fears over MicroStrategy margin call
Crypto diehards suffered a brutal month, and there are few bigger backers than the Bitcoin whale himself, Michael Saylor. His software company, MicroStrategy, has effectively become little more than a...