El Salvador faces another whipping from a traditional finance firm for its “forbidden” love for Bitcoin (BTC). American credit rating agency Fitch Ratings has lowered El Salvador’s long-term Issuer De...
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Here’s How Bitcoin (BTC) Price Will Reach $100k ! Traders Watch These Levels!
Bitcoin has retraced slightly and lost roughly $2,000 since its local top after many days of remarkable advances. On a daily basis, the altcoins have calmed down, with the exception of a few lower- an...
The BDC Revamped The Bitcoin Design Guide With A Focus On The Lightning Network
A new and improved Bitcoin Design Guide! The Bitcoin Design Community can’t stop, won’t stop. The V2 of the already phenomenal “Design Guide covers the Lightning Network. And promises to help “design ...
Fitch Claims El Salvador’s Bitcoin Adoption Strongly Hinders IMFs Upcoming Finance Plans
Fitch Ratings, one of the big three credit ratings agencies, has downgraded El Salvador’s long-term issuer default rating (IDR). Fitch now rates El Salvador’s debt repayment capacity at CCC, a step lo...
Puerto Rican Treasury Department Aims to Tax NFT Sales – News Bitcoin News
The Treasury Department of Puerto Rico has published a working document that amends the current “Sales and Usage Tax” to include NFT sales. While this proposal has yet to be approved, experts believe ...
Bitfinex’s LEO Token Hits All-Time High Following DOJ Seizure of $3.6B in Bitcoin
Bitfinex’s UNUS SED LEO token (LEO) exploded to a new all-time high of $8.14 on Tuesday, shortly after the U.S. Department of Justice (DOJ) announced it had seized 94,000 Bitcoin stolen in an Au...
Bitcoin (BTC) Continues Consolidation Phase Above $40,000
Bitcoin (BTC) is in the process of validating the short-term resistance line from which it just broke out above. If successful, it could continue its upward trend towards $50,000. After reaching a loc...
Why Tesla holding $2 billion in Bitcoin is ‘a distraction and sideshow’: Analyst
As detailed in a broad SEC filing this week, Tesla gave investors an update on its Bitcoin holdings. Parsing through the disclosure, it boils down to this: Tesla bought around $1.5 billion in bitcoin ...
New York Mayor Opposes Bitcoin Mining
Alex Dovbnya New York City mayor has had a falling out with the Bitcoin community after voicing his opposition to crypto mining Eric Adams, New York City’s cryptocurrency-friendly mayor, has bew...
JPMorgan Increases Long-Term Bitcoin Price Prediction to $150,000
According to JPMorgan Chase strategists led by Nikolaos Panigirtzoglou, Bitcoin’s “fair value” should be 12% lower than its actual price. In their opinion, the cryptocurrency is currently overpriced a...
Ricardo Salinas Pliego Hints at Elektra Group Selling Bitcoin in Its Stores – Bitcoin News
Ricardo Salinas Pliego, president of the Salinas Group, owner of the Elektra Group stores, hinted at the possibility of the shops selling bitcoin. The executive stated that due to the regulations of t...
Twitter Invests in Bitcoin Payments Processor OpenNode
The bitcoin payment processor OpenNode just announced the close of a $20 million Series A funding round led by Twitter, UK-based Kingsway, venture investor Tim Draper, and Avon Ventures. The company n...
Ambrosus Core Launches a $10 Million Developer Grant to Scale Its Open-Source Blockchain Ecosystem – Press release Bitcoin News
press release PRESS RELEASE. Zug, Switzerland — Ambrosus Core, the technical foundation of Ambrosus Ecosystem, has announced the launch of a substantial developer funding program — $10 million for dev...
What Factors Are Driving The Bitcoin Remittance Revolution In Africa? These Ones
The Bitcoin remittance business is blowing up all over the world. South African financial website moneyweb brings us the report directly from the oldest continent. The conditions that led to El Salvad...
US Officials Seize $3.6B in Bitcoin From 2016 Bitfinex Hack
Some 120,000 BTC was stolen in the 2016 hack, then worth around $60 million and representing nearly one-sixth of the total trading volume at the time. At today’s prices, the total amount of bitc...
An In-Depth Look at the Couple Accused of Laundering 94,636 Bitcoin From the 2016 Bitfinex Hack – Featured Bitcoin News
On Tuesday, the U.S. Department of Justice (DOJ) arrested two individuals that are accused of an “alleged conspiracy to launder” 94,636 bitcoins stolen from Bitfinex in 2016. Interestingly, both of th...
Bitcoin, Ethereum, Terra LUNA, and Uniswap Daily Price Analyses – 9 February Roundup
TL;DR Breakdown The global crypto market undergoes a big dip, losing 16.54% in 24 hours. In contrast to the usual trend, bitcoin has gained 1.91% in the past 24 hours. Ethereum follows bitcoin and has...
Flow Moves Higher, as SHIB Climbs 12% – Market Updates Bitcoin News
Following a 12% decline yesterday, shiba inu (SHIB) rose by that same percentage today, as bulls once again boarded the rocket ship. This comes as prices of FLOW were also higher during the session. B...
Bitcoin Holds Uptrend Support, Why 100 SMA Is The Key
Bitcoin remained well supported near the $42,700 support zone against the US Dollar. BTC is rising and might accelerate higher above $44,850 in the near term. Bitcoin is holding gains, but it is still...
Russia to recognize Bitcoin as currency
According to a local news report, the controversy around the status of cryptocurrency in Russia is about to come to an end. The Russian newspaper Kommersant reported that the Bank of Russia and the g...
Last Time This Cross Happened, Bitcoin Plunged 15% Immediately (BTC Price Analysis)
The positive momentum in the crypto markets is now being shadowed by a cross of two significant moving average lines. A death cross occurs when the MA-50 crosses below the MA-200 line. This time, the ...
Former Thai Central Bank Director Predicts Crypto Bubble Emerging in March – Markets and Prices Bitcoin News
A former Bank of Thailand director has warned about an imminent crypto crash. “A cryptocurrency bubble will emerge at the end of March when liquidity in the financial market drops,” he reportedly pred...
Bitcoin Whales Wreck Bears, This Is What Happened Last Time They Were Active
Bitcoin whales have become active once again. While whale activity is normal and to be expected, the rate at which they purchase and accumulate coins can point to further movement in the market. Given...
Bitcoin’s Price Isn’t Done Falling. How It Could Drop to $10,000.
Text size Stifel’s top equity strategist thinks Bitcoin prices could sink to $10,000. Dreamstime.com The bull case for Bitcoin is that it powers up to $100,000, from recent prices around $43,000...
Bitcoin Trades More Like Risk Asset Than Inflation Hedge, Says Bank Of America
While Bitcoiners often advertize the cryptocurrency as an anti-inflationary “digital gold,” Bank of America says it trades like nothing of the sort. A recent company report indicates that the crypto a...
Switzerland’s Largest Bank UBS Suggests Alternative Ways of Investing in Cryptocurrency – Markets and Prices Bitcoin News
Switzerland’s largest bank, UBS, has suggested some investment strategies for investors seeking to gain exposure to crypto assets with less risk than investing directly in bitcoin, ether, or other cry...
Bitcoin Futures Basis Hints At Possible Disbelief Rally
Bitcoin has recovered back to $42,000 since the dump after recording a bearish trend. Since then, sentiment, as well as momentum, has since turned towards the positive, leading the digital asset back ...
JP Morgan readjusts long-term BTC price prediction to $150k, but ‘fair-value’ is set at..
Financial services giant JP Morgan Chase has once again upped its long-term price prediction for Bitcoin, even as its analysts don’t view short-term fundamentals to be working in its favor. In a recen...
$9 Trillion Asset Management Firm Blackrock To Add Bitcoin Trading To Its Services
The world’s largest assets manager, BlackRock, is looking to allow its clients to trade cryptocurrencies. The mega asset manager is looking to start its offering with client support trading, before pr...
ChainWars Set to Dominate the Blockchain Gaming Sector – Press release Bitcoin News
press release PRESS RELEASE. Blockchain technology has been referred to as one of the disruptive innovations in the past decade leading to the creation of cryptocurrencies and changing the financial l...
Bitcoin payment platform OpenNode closes $20M Series A funding
OpenNode, a bitcoin payment processor and infrastructure provider, announced today it has closed a $20 million Series A funding round. UK-based Kingsway led the round, which also included Twitter, Tim...