El Salvador, a country that has become infamous for being the first sovereign nation to accept bitcoin as a legal tender, continues its journey through uncharted waters. To make this move a reality, t...
Category: Bitcoin
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Here’s Why Bitcoin and Ethereum Will No Longer Be Accepted by International Animal Rescue
Alex Dovbnya A UK-based animal protection organization has ditched cryptocurrency donations International Animal Rescue (IAR), a U.K.-based nonprofit focused on animal protection and conservation, ann...
Bitcoin, Binance Coin, Terra LUNA, and Cosmos ATOM Daily Price Analyses – 3 February Roundup
TL;DR Breakdown A bullish trend in the global crypto market was witnessed, as it added 0.87% in 24 hours. Bitcoin also takes a turn, adding 0.86% in the last 24 hours. Binance Coin is no different in ...
‘I See Evidence of a Lot More Institutional Adoption’ – Featured Bitcoin News
The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including “The circumstances and the currency volatility” in Tur...
Bitcoin Topside Bias Vulnerable If It Continues To Struggle Below $38K
Bitcoin stayed above the $36,000 support zone against the US Dollar. BTC is now rising, but it could face hurdles near $37,800 and $38,000. Bitcoin started a decent recovery wave from the $36,400 zone...
PayPal’s share plunge would affect Bitcoin price
Bitcoin price has witnessed notable growth over the recent years. However, January 2022 has been considered one of the worst January’s for the asset since its establishment. Over the last month, BTC h...
Coinbase Shares Declined 50% From All-Time High, Stock Follows Bitcoin’s Ups and Downs – Finance Bitcoin News
Roughly nine months ago, Coinbase’s initial public offering (IPO) via a direct listing on Nasdaq launched, and shares swapped for $342 per share on April 16, 2021. Since then, Coinbase shares have dro...
Bitcoin And Ethereum, Start Of Bear Market Or Bullish Consolidation?
Bitcoin and Ethereum have been moving sideways during today’s trading session. The top two cryptocurrencies were on their way to previous highs but were rejected near-critical resistance levels. Relat...
New Proposal Could Give SEC Expansive Power to Regulate Crypto, Defi Platforms – Regulation Bitcoin News
A commissioner with the U.S. Securities and Exchange Commission (SEC) has voiced concerns regarding a new proposal that could give the securities regulator new powers to regulate cryptocurrency platfo...
Coinbase and TurboTax Offer Tax Refunds in Bitcoin
In brief If you file through TurboTax, you can get your refund directed to a Coinbase account. The news reflects how crypto is becoming a major part of the tax system. It’s tax time. That means ...
Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Bitcoin On-Chain Demands Suggests That The Market Has Reached Its Bottom
Bitcoin on-chain analysis can be a good way to try to guess where the market is headed. The market tends to repeat itself with metrics looking the same before a bull or a bear rally, thus making this ...
Bitcoin(BTC) Price on Track to Hit $100K Soon! Here’s Why and How?
The Bitcoin price is manifesting a huge possibility of expanding all its gains and eventually leading towards the said target above $40,000 shortly. The on-chain metrics say that despite the asset hit...
MicroStrategy’s Saylor floats new paths to buy more BTC
MicroStrategy CEO Michael Saylor touted the firm’s stock, MSTR, as a better alternative to other exchange-traded vehicles with exposure to bitcoin — and he’s considering alternative method...
Bitcoin Education Centre Opens In El Salvador
El Salvador – the first country to make Bitcoin legal tender – is now home to a Bitcoin education center. It aims to boost familiarity with the technology and benefits of cryptocurrency among a popula...
Bitcoin Purpose ETFs Holdings Records A Meteoric Rise ; What Is Driving The Growth?
Purpose Bitcoin ETF, one of the Bitcoin spot-settled ETFs trading in Canada, has just recorded its third-largest single-day increase in assets under management. According to data from Glassnode, 1054 ...
Kazakhstan Extends Power Cuts for Cryptocurrency Miners – Mining Bitcoin News
Crypto farms in Kazakhstan will remain unplugged until Feb. 7, as the local utility has extended power cuts for miners. The company points to ongoing difficulties with electricity supply as the main r...
Bitcoin Rangebound as Altcoins Underperform
●Bitcoin (BTC): $36785, −1.84% ●Ether (ETH): $2620, −3.34% ●S&P 500 daily close: $4477, −2.44% ●Gold: $1807 per troy ounce, −0.15% ●Ten-year Treasury yield daily close: 1.83% Bitcoin, ether and go...
Bitcoin miners start powering down to help stabilize Texas’ power grid
As a massive winter storm hits Texas, Bitcoin (BTC/USD) mining companies in the state have started shutting down operations to help ease the strain on the state’s hard-pressed electric grid. A report ...
The US economy and Bitcoin prices
Similar to stocks, Bitcoin and the cryptocurrency market have also been hit by sell pressure after the Fed announced an upcoming robust interest rate hike to address worryingly rising inflation in the...
Bitcoin, Ethereum, Solana, Cardano Price Analyses — 3 February Morning Prediction
TL;DR Breakdown The price of Bitcoin has dropped by 3% in the last hour. The value of Ethereum has dropped to $2,617. One more time, Solana is going down this week. Over the last 24 hours, cryptocurre...
Bitcoin (BTC) Setting Up for Unexpected Bullish Impulse, According to Top Crypto Analyst
A popular analyst is making the case for why Bitcoin (BTC) might be on the cusp of breakout after two months of disappointing price action. The pseudonymous trader Credible Crypto tells his 304,800 Tw...
Video Game Retailer Gamestop Partners With L2 Startup Immutable X, Launches $100 Million NFT Fund – Blockchain Bitcoin News
Last May it was discovered that the video game retail giant Gamestop was stepping into the world of non-fungible token (NFT) technology. Nine months later, Gamestop has revealed it is partnering with ...
Here’s Why Bitcoin (BTC) Is Bouncing, According to Crypto Analyst Michaël van de Poppe
Popular crypto analyst Michaël van de Poppe says Bitcoin (BTC) is bouncing between rallies and corrections in part due to the strength of the dollar. In a new YouTube update, Van de Poppe tells his 16...
What A Decline Under $35,511 Would Mean For The Price Of bitcoin
Bitcoin has lost its footing at $37,000 and has now slipped into the $36,000 territory, sending the market into another frenzy of fear. It comes on the back of widespread speculations that the digital...
Jack Dorsey tells Mark Zuckerberg he should have built around Bitcoin
Jack Dorsey, the CEO of Block Inc, formerly Square Inc, tells Mark Zuckerberg he should have focussed his efforts on Bitcoin instead. Dorsey was referring to Zuckerberg’s failed Diem project, which fi...
Retail Bitcoin Investors Remain Bullish on BTC Even After Market Correction: Survey
A new survey conducted by global decision intelligence firm Morning Consult is revealing an upbeat sentiment among retail Bitcoin (BTC) investors, despite the market downturn. The new Morning Consult ...
Hut 8 Mining Corp Announces January 2022 Bitcoin Production
Hut 8 Mining Corp, a Canadian digital currency firm, today announced the mining production results for the month of January 2022. The blockchain firm said that it mined 308 Bitcoins for the month at a...
Paxful launches a Bitcoin education center in El Salvador to boost adoption
El Salvador allowed the use of Bitcoin as legal tender last year. However, the major issue with this move was that many Salvadorans did not have knowledge about the cryptocurrency market. Paxful is st...
Bitcoin Trading Volume Crashes Again After Brief Surge
The Bitcoin trading volume observed a surge earlier as the price of the crypto crashed below $40k. However, the metric has now once again come back down as the coin has become calmer. Bitcoin Trading ...