Asset manager Grayscale has made a new appeal to the Securities Exchange Commission to upgrade its Grayscale Bitcoin Trust into an exchange-traded fund (ETF). In a letter to the agency dated April 18...
Category: Bitcoin
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Afghan Citizens Turn to Stablecoins, Not Bitcoin, to Protect Wealth
Afghan citizens are turning to stablecoins to protect their finances as fears of a Taliban crackdown on wealth grow. Citizens are worried that the Taliban will seize assets, which would worsen an alre...
price analysis about BTC, ETH and DOT
Bitcoin (BTC) price Analysis Bitcoin’s price narrowly avoided a fifth straight daily candle close in red figures and concluded its daily session +$39.30. The BTC/USD 1M chart below from ali_1673 sho...
Did The Central African Republic Adopt Bitcoin As Legal Tender? Here’s The 411
As it turns out, the Central African Republic did not adopt bitcoin as legal tender. Yesterday, a Forbes Monaco article took the bitcoin world by storm. It said an African country had followed El Salv...
Top Cryptocurrencies to Watch This Week, BTC, APE, GMT, CAKE
The global crypto market capitalization witnessed a huge drop of more than 4.20% over the day as the levels plunge below $1.8 trillion. Interestingly, the trading volume surged extremely high indicati...
Crypto Markets Lost $80B as Bitcoin Dumped to 40-Day Lows (Market Watch)
After failing to reclaim $40,000, bitcoin took another hit and dumped once more to its lowest price point in over a month. The alternative coins are also in bad shape, with Ethereum sliding to $2,800,...
Bitcoin Lightning Network Would be Practical for Small Payments than Debit Cards, Morgan Stanley Says
The Bitcoin Lightning Network attracts fees close to zero. It becomes more practical to use it when undertaking small payments than a debit card, according to leading investment bank Morgan Stanley. A...
Central African Republic Becomes First African Country to Make Bitcoin Legal Tender
The Central African Republic has voted to make bitcoin legal tender. This makes it the first country in Africa to do so and the second globally, behind El Salvador. The Central African Republic has ac...
Bitcoin Drops Below Ascending Channel to $38,000, Liquidations Spike to $200 Million
Arman Shirinyan Bitcoin’s long-lasting pattern no longer exists, as traders lose $200 million betting on the reversal Following almost two weeks of consolidation, Bitcoin has finally dropped bel...
‘Something sure feels like it’s about to break’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week in an uncertain place facing uncertain times — is $40,000 now resistance? The largest cryptocurrency has just closed a fourth red weekly candle in a row, something that...
Bitcoin Wild Price Discovery Days are Now Over! This is What Next For BTC Price – Coinpedia – Fintech & Cryptocurreny News Media
On Monday, the price of bitcoin fell below $40,000, while other cryptocurrencies were in the red. This comes as investors remain wary of the situation in Ukraine and the potential of a rate hike by th...
Bitcoin, Binance Coin, Flow, and IOTA Daily Price Analyses – 24 April Roundup
TL;DR Breakdown The global crypto market continues to recede as the weekend has lowered it, shedding 2.02%. Bitcoin has lowered its price value further while its daily losses are about 1.48%. Binance ...
Bitcoin (BTC) Closes Bearish Weekly Candle After Slipping Below $40,000
Bitcoin (BTC) is trading very close to two long-term support levels but has yet to show any bullish reversal signs. Bitcoin decreased slightly during the week of April 18-24. While the week began with...
Bitcoin [BTC]: This may be a sign of what’s coming next
Bitcoin has hovered around its ascending support line since mid-April after failing to secure enough buying volume to trigger a healthy bounce-back. Its performance over the last 5 days confirmed that...
Stablecoins as a real threat to Bitcoin
Despite the fact that Bitcoin is still the most talked about and most valuable cryptocurrency in terms of market capitalization, the truth is a bit more nuanced. It’s tempting to believe that PayPal’s...
Large Bitcoin Addresses Purchase 18,000 BTC in 2 Weeks
Whale Bitcoin (BTC) accounts, holding between 100 and 10,000 coins, have enhanced their digital asset holdings in the past 2 weeks. According to Santiment’s on-chain data, the mentioned addresses, whi...
Bank of Russia to Pilot Digital Ruble Settlements in 2023 – Finance Bitcoin News
Russia’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the official highlighted the imp...
Coinbase CEO Says Apple’s Crypto Policy Raises ‘Potential Antitrust Issues’ – News Bitcoin News
The CEO of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, says Apple has not played nice with crypto, noting that the tech giant has banned a bunch of crypto features in its App ...
Bitcoin Is A Legal Tender by Law in Central African Republic
Despite strong volatility and price correction this year in 2022, Bitcoin (BTC) continues to see increasing global adoption. As per the latest reports, the Central African Republic becomes the second ...
Bitcoin Turns Red, Why BTC Could Dive Below $39K
Bitcoin started another decline below the $40,000 level against the US Dollar. BTC could extend losses if it stays below the $40,000 resistance zone. Bitcoin started another decline after it failed to...
Digital Assets Manager Grayscale Makes Fresh Bid with the SEC to Become Spot Bitcoin ETF – crypto.news
Grayscale, the world’s largest digital assets manager today announced it had made a fresh bid to secure approval from the US Securities and Exchange Commission (SEC) to turn itself into a bitcoin ETF,...
We Are ‘Extremely Bullish’ on Crypto – Bitcoin News
Skybridge Capital, a $3.5 billion asset management firm, is “extremely bullish” on the crypto sector, says an executive of the firm. “For us, we think the cryptocurrency markets represent tremendous g...
Can Bitcoin Price reach $50,000 soon? Yes, if THIS happens
Bitcoin price dipped once again below $40,000. On the other hand, many technical analysts are seeing this price drop as an opportunity to buy. Bitcoin did in fact crash in November 2021 by more than 5...
Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus – Exchanges Bitcoin News
Exmo, a U.K.-based crypto exchange with extensive presence in Eastern Europe, is pulling out of Russia, Belarus and Kazakhstan. The trading platform, Exmo.com, says it’s making the move to avoid jeopa...
SeatlabNFT Announces IDO Starting 24th May 2022 – Press release Bitcoin News
press release PRESS RELEASE. SeatlabNFT has announced the date for their IDO, with full details available via their website. The 24th of May 2022 is the first opportunity people around the globe will ...
Bitcoin’s Hashrate Surges Reaching a Lifetime High, Difficulty Expected to Jump Next Week – Coinotizia
Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block height 733,197. Currently, the computational power is coasting along at ...
Indicator That’s Almost ‘Never Failed’ Could Signal Next Bitcoin (BTC) Bottom, Says Top Crypto Analyst
A popular crypto analyst says that he’s closely following one indicator that has consistently marked the bottom for Bitcoin (BTC) since 2017. In a new video, crypto strategist Kevin Svenson tells his...
Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia – Mining Bitcoin News
The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government ...
Microstrategy CEO dismisses rumors about the company selling its Bitcoin holding
Microstrategy (NASDAQ: MSTR) chairman and CEO Michael Saylor has dismissed rumors that the company is secretly selling its Bitcoin holding. Through his Twitter account, Saylor stressed that as a publ...