The upper house of New York’s state legislature has passed a bill banning new Bitcoin mining permits for a period of two years. The bill passed by the New York State Senate, by a vote of 36 to 27, had...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin Price On Ascending Channel Pattern! Is It The Right Time To Buy ?
In the Daily period, the Bitcoin price is now fluctuating near crucial support. This $28,835 support is critical for the bulls since it has functioned as a strong backing for the previous two years, k...
No Bitcoin Recovery Soon? Net Outlows Breach $698 Mln
The Bitcoin (BTC) again dropped below the crucial price level of $30k. Recently, BTC went on to touch the $32K price level. However, experts called it bear fakeout and mentioned not to fall for it. Me...
Bitcoin price analysis: BTC continues to respect $29,500, reversal to follow?
Bitcoin price analysis is bullish today as we have seen another rejection for downside yesterday and steady consolidation since. Therefore, BTC/USD should soon start to reverse and look to move back a...
Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT – Finance Bitcoin News
Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platfor...
Traders Can Expect Bitcoin (BTC) Price Rally By Year-End Only If This Happens
Lyn Alden, a Macro analyst says Bitcoin trending at the lowest of $29,733 now can rally higher over coming months if it fulfills certain conditions. In response to the question raised in the Coin Stor...
Despite The 9 Red Candles, “Bitcoin’s Fundamentals Remain Strong”
The inaugural edition of ARK ’s “The Bitcoin Monthly” report contains some gems. It also contains a simple compilation of facts that paint a clear picture of the bitcoin market as it currently stands....
Former BitMEX CEO Arthur Hayes Says Bitcoin Won’t Jump Back to $70,000 Just Because….
Former CEO of BitMEX, Arthur Hayes, says that the Bitcoin price has already reached the bottom of the ongoing cycle. However, Hayes warned that it doesn’t mean the price of Bitcoin will again reach $7...
KenGen Company May Provide Power to BTC Miners
20 seconds ago | 2 mins read Bitcoin News BTC Mining farms are likely to be shifted to Olkaria, Kenya. The major concern of PoW will be struck out if KenGen comes into the scene. Recent news on BTC mi...
This is How Long-Term Bitcoin Holders Are Dealing With Market Crash!
The largest cryptocurrency Bitcoin has slumped nearly 36% in the current year and is currently trading at its lowest of $29,000 recorded since 2020. As a result, Bitcoin has lost all its gains through...
BTC On-Chain Analysis: Cost Basis and the Death of Short-Term Holders
In today’s on-chain analysis, BeInCrypto looks at indicators that compare the current market situation of short- and long-term Bitcoin (BTC) holders. The goal is to try to determine what stage of a be...
Bitcoin will be one of ‘best assets on Earth’ after inflation subsides, says commodity strategist
A cold chill has settled over the cryptocurrency market, with the flagship digital asset Bitcoin (BTC) falling around 35% since January. As a result, many people are left wondering how deep into a cry...
Bitcoin May Witness Massive Rally This Year, According to Macro Expert Lyn Alden – Here’s What Needs To Happen
Macro analyst Lyn Alden says that Bitcoin (BTC) could rally higher over the coming months if certain conditions are fulfilled. Asked in a Coin Stories interview whether Bitcoin could revisit its all-t...
Legit Bitcoin (BTC) and Crypto Casinos in the Netherlands – crypto.news
Bitcoin casinos and online gambling platforms are gradually replacing traditional gambling sites and bringing a paradigm shift to the industry, as gamblers no longer need to visit a physical casino to...
Crypto Market Cap Lost $100B in 3 Days as Bitcoin Drops Below $30K (Weekend Watch)
Bitcoin’s affair above $30,000 didn’t last long once again, as the asset fell beneath that level rather violently and even dipped to $29,000. The altcoins are in no better condition, with Ethereum sli...
Crypto Markets Are ‘Bigger Than Subprime Mortgages Before the Financial Market Crisis’ – Bitcoin News
Pablo Hernandez de Cos, governor of the Bank of Spain, has again warned about cryptocurrencies and the growth that the crypto market is experiencing. Hernandes de Cos stated that, while the market is ...
Argentina Embraces Bitcoin in the Face of Rising Inflation
The people of Argentina are financially conscious by necessity. The country has been in a vicious cycle of hyperinflation and stabilization for decades. The recent turn of inflation that started in 20...
Bitcoin mining stock report: Thursday, June 2
Bitcoin miners faired better on the stock markets Thursday, with many recovering by a few percentage points. Most notably, BIT Mining’s stock was up by +12.44%, Cipher Mining’s +11.78% and...
Dubai Property Developer Completes Real Estate Deals Worth $50M via Crypto – Featured Bitcoin News
According to an executive with the Dubai-based DAMAC Properties, the real estate development “company has already succeeded in concluding real estate deals worth $50 million via cryptocurrencies since...
5 reasons why Bitcoin could be a better long-term investment than gold
The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to protect against volatility a...
El Salvador still not ready to launch bitcoin bond, finance minister says
El Salvador’s leaders still do not think it is the right time to launch its highly-anticipated bitcoin bond, finance minister Alejandro Zelaya said during a national television news show on June...
Bitcoin’s move to $32.4K was a fakeout — Here’s the price level most BTC traders are waiting for
The end of the first week in June brought more pain to global financial markets as the tech-heavy Nasdaq composite closed the day on June 3 down 2.3%, while the S&P 500 shed 1.4% of its value. Th...
Stocks surge, altcoins give back their gains and dollar strength may push Bitcoin lower
Between May 23 and 27, the equities markets had an impressive run, with the tech-heavy NASDAQ (NASDAQ: QQQ) ETF up over 7% and the S&P 500 (NYSE: SPY) up over 6.50%. However, this week’ whip...
Bitcoin Is at Inflection Point, Says Bloomberg Analyst Mike McGlone
Alex Dovbnya Bloomberg’s Mike McGlone has named the biggest headwind for Bitcoin in 2022 In a recent tweet, Mike McGlone, senior commodity strategist for Bloomberg Intelligence, has opined that ...
Miami mayor says that Bitcoin can be a global currency
Kristina Cornèr, Cointelegraph’s editor-in-chief, sat down with Miami Mayor Francis Suarez at the recent World Economic Forum held at Davos, Switzerland, to discuss topics like the role the mayo...
BTC, ETH and XRP Price Analysis for June 3
Bears have kept the pressure on, and the rates of all top 10 coins are going down. Top coins by CoinMarketCap BTC/USD Bitcoin (BTC) continued the drop after the failed attempt to fix above the $30,000...
Over 200K BTC now stored in Bitcoin ETFs and other institutional products
Bitcoin (BTC) investment vehicles are seeing “gargantuan” inflows this month, which is a fresh sign that traders’ appetite for BTC exposure is mounting. Data from monitoring firm Arcane Research publi...
Most Cryptocurrencies Might Collapse, But Bitcoin and Ethereum Will Outlast All: FTX US CEO
With over 19,000 digital assets in the crypto space and dozens of blockchain platforms, Brett Harrison, CEO of cryptocurrency exchange FTX U.S., said that hundreds of these might not last. All of thes...
New York Senate Passes Bill Banning Bitcoin Mining
New York lawmakers have passed a moratorium that seeks to bar Bitcoin mining operations for two years in order to ease environmental concerns. The state of New York has banned certain Bitcoin (BTC) mi...
Bitcoin Dominance Climbs to Highest Level Since October 2021 as Ethereum Underperforms
Alex Dovbnya Bitcoin’s dominance has increased to highest level since late October Bitcoin’s dominance spiked above 47% for the first time since Oct. 20 earlier today. Image by tradingview...
Bitcoin bounces to $30.7K as analyst presents Stock-to-Flow BTC price model rehash
Bitcoin (BTC) climbed to fresh local highs overnight into June 3 after United States equities cut losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Wall Street provides short-term re...
Ethereum transition is more attractive than Bitcoin
Dawn Fitzpatrick, chief operating officer of Industrial Organizations at Soros Fund Management, doubled down on her pro-crypto stance, predicting the plus category is here to stay. She believes that c...