A top crypto analytics firm says Bitcoin (BTC) investors are not out of the woods as long-term holders capitulate. As Glassnode explains, the Long-Term Holder Spent Output Profit Ratio (LTH-SOPR) meas...
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QNT Close to 2-Month High Despite Recent Declines, NEAR Moves Toward 1-Year Low – Market Updates Bitcoin News
QNT was trading close to recent highs on Wednesday, as prices were battling through a turbulent session. The token was mainly in the green on hump day, falling by as much 7% on the day. NEAR also decl...
What are the next major uses of Bitcoin and Ethereum?
Bitcoin and Ethereum are two of the most popular cryptocurrencies in the world. While they have been primarily used for payments and investment purposes, there are many other potential uses for these ...
Bitcoin is facing an ‘enormous amount of systemic risk’, says billionaire venture capitalist
Chamath Palihapitiya, the founder and CEO of venture capital firm Social Capital, has warned that Bitcoin is facing an enormous systemic risk that might turn consequential in future. Palihapitiya sta...
SEC Delays Decision on ARK 21Shares Spot Bitcoin ETF
The Securities and Exchange Commission (SEC) has delayed making a decision on ARK 21Shares spot Bitcoin exchange-traded fund (ETF) application, adopting the same playbook they used before rejecting Gr...
Bitcoin, Ethereum, Elrond price analyses
Bitcoin Analysis On Tuesday, bulls again failed to put an end to incessant selling pressure from bearish traders and BTC’s price concluded its daily session -$634.5. BTC’s price also closed below $19...
Over $200 Million Liquidated on Bitcoin Turbulence as CPI for June at 9.1%
The number of liquidated traders and the value of liquidations skyrocketed to over $200 million on a daily scale as BTC, and the entire crypto market experienced enhanced volatility following the reco...
Ikigai of Bitcoin’s $19k level- What its breakdown could mean for investors
Bitcoin [BTC] is trading below $20,000 once again after kicking off this week on a bearish note. As a consequence, the level of fear, uncertainty, and doubt has elevated. Investors are now on the fenc...
Bitcoin (BTC) Plummets After Red-Hot Inflation
The US Bureau of Labour Statistics released its Consumer Price Index for the month of June 2022. The CPI is revealed to be at 9.1%, the highest inflation increase in the US in 40 years. The CPI is a s...
US Bankruptcy Judge Freezes Crypto Hedge Fund Three Arrows Capital’s Assets – Regulation Bitcoin News
A federal judge in a New York bankruptcy court has frozen the assets of crypto hedge fund Three Arrows Capital (3AC). “A key part of this motion is to put the world on notice that it is the liquidator...
Funding Rounds Continue Successfully in Several Projects as BTC Shrimps Buy More of The Coin – crypto.news
Fundraising Rounds Continue with Animoca Brands, Quadrata Network, Morpho Labs, and Gnosis Safe while Bitcoin Shrimps continued buying more of the coin. Animoca Brands Raises $75.32 Million Earlier t...
Bitcoin wipes $15 billion from market cap in 10 mins as U.S. inflation data runs hot
On July 12, the price of Bitcoin (BTC) stabilized into a steady holding pattern ahead of the release of U.S. inflation data, which ultimately injected further downwards volatility. Indeed, news that i...
Video of Mario Draghi knocking Bitcoin ages like milk as euro sinks to parity with dollar
A recently posted video by @CarlBMenger shows former European Central Bank President and current Italian Prime Minister, Mario Draghi, slating Bitcoin. The short clip, dated March 2018, had Draghi war...
Bitcoin, Binance Coin, Helium, and Quant Daily Price Analyses – 13 July Roundup
There has been an improvement in the global crypto market. The change came for Bitcoin and other major coins, which turned bullish. Though some coins struggle with bearishness, they are expected to re...
ETH Remains Below $1,100 Despite Prices Rebounding on Wednesday – Market Updates Bitcoin News
Despite prices rallying in today’s session, bitcoin continued to trade below $20,000 on Wednesday following recent declines. Although ETH was also marginally higher, its price was once again trading u...
Bitcoin not a currency? South Africa to regulate crypto as financial asset
The South African Reserve Bank is set to introduce regulations next year that will see cryptocurrencies classed and treated as financial assets to balance investor protection and innovation. Cryptocur...
Bitcoin Feared to Drop to $13K While Cardano to $0.2, What’s Awaiting for Ethereum Price?
Bitcoin (BTC) Price Bitcoin price after the recent sell-off has yet again feared to lose a notable amount of value as the US CPI rates are about to be released. During the early trading hours, the BTC...
Massive Bitcoin Volatility as US Inflation Clocks in at 9.1% for June
The US inflation numbers are in for June, and they continue going up. With this, BTC’s price is also experiencing enhanced volatility as the numbers clock in. Data from the US Bureau of Labor Statisti...
Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks – Finance Bitcoin News
A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers sa...
Bitcoin circles $20K pre CPI amid warning Fed risks ‘blowing up’ economy
Bitcoin (BTC) rebounded from overnight lows on July 13 as markets nervously waited for United States inflation data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Countdown to “highly el...
ECB Says Bitcoin Ban “Probable” Due to Climate Concerns
Key Takeaways The European Central Bank has come down hard on Proof-of-Work blockchains in a new research article. The research article compares Proof-of-Work algorithms to fossil fuel cars while like...
Bitcoin SV Price Analysis: What’s about this Trend Reversal Signal for BSV?
Bitcoin SV price is trading with strong uptrend momentum over the daily price chart. BSV crypto is still below 20, 50, 100 and 200-days Daily Moving Average. The pair of BSV/BTC is at 0.002578 BTC wi...
Crypto Analyst Benjamin Cowen Says Bitcoin To Remain Under Sell Pressure Due to This Macro Factor
Analyst Benjamin Cowen says new US inflation data scheduled for release this week could hint at a continued bear market for Bitcoin (BTC). Cowen tells his 756,000 YouTube subscribers that he believes ...
Solving the Complexities of Crypto Tax & Accounting With the Experts at Ledgible – Sponsored Bitcoin News
sponsored As crypto matures and continues along its path of inevitable adoption, so too does the importance placed on adequately accounting for crypto as an asset class and a source of income. Cryptoc...
Bitcoin Price On A Recovery Mode! Is This Calmness Before US Inflation Uproar?
It was just a week ago that Bitcoin had started its recovery, but couldn’t hold on to it for long as the flagship currency started this week on a bearish note. While still, the currency is struggling ...
UN article “Benefits of World Hunger” taken down – This is why Bitcoin exists
A United Nations article that referred to world hunger as having “great positive value” and that “no one works harder than hungry people” was taken down from the website amid huge controversy. Bitcoin...
Bitcoin exchange deposits hit their lowest level in 2 years
Bitcoin (BTC) network activity, like its price decline, is also hitting multi-year lows as the current crypto winter continues. According to Glassnode’s on-chain data, the total number of exchange dep...
The FED Measures Inflation In Bitcoin Terms, Tries To Fool The General Public
The tables have turned. The FED concedes defeat and acknowledges bitcoin. Of course, they twist both numbers and words to try to make it seem like the dollar is the better money, but we all know what’...
How Will Bitcoin (BTC) React To Sky-High Inflation Data?
Bitcoin (BTC) entered a holding pattern on Wednesday, ahead of data that is likely to show a massive spike in U.S. inflation. BTC is hovering above $19,000- and is expected to hold around that level u...
Cardano (ADA) Founder Slams Bitcoin Developer Jimmy Song For Shading Proof-of-Stake (PoS) Networks Again
– Advertisement – Hoskinson is apparently in no mood to tolerate Song’s continuous criticism of the Proof-of-Stake network. Charles Hoskinson, the founder of Cardano, has once again slam...
Coinshares CSO tips Bitcoin for ATH in two years 1
Coinshares CSO Meltem Demirors has pointed out that Bitcoin is well placed to go back to the top. The token has been enduring a rough spell over the last few months due to several bearish runs in the ...