NEAR fell to a one-month low to start the weekend, as prices moved below their long-term support point. WAVES was also lower during Saturday’s session, falling by as much as 14%. Overall, crypto marke...
Category: Bitcoin
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Bitcoin Price Bottom Below $30k, While BTC Dominance Raise!
Over the last two weeks, the cryptocurrency market has been in a severe bear market. It’s the same with Bitcoin price as well. The flagship currency that was maintaining its price above $30k, has now ...
Terra 2.0 (LUNA) Price Continues to Drop as Bitcoin and Ethereum Face Bearish Pressure » NullTX
This weekend is rough for the global crypto market as it’s nearing a year low. Bitcoin struggles to hold support, dipping below $19k, and Ethereum is facing significant bearish pressure as the ETH pri...
Jack Dorsey is building ‘Web5’ powered by Bitcoin
Block subsidiary TBD has announced plans to build a new decentralized web centered around Bitcoin (BTC), underscoring founder Jack Dorsey’s belief that the largest blockchain network will play a major...
Bitcoin (BTC) Price To Surge Above $40K By End of June
The global crypto market jitters over the US inflation rate accelerating to a new 40-year high. Despite Friday’s sell-off, The Bitcoin Fear & Greed Index saw a modest rise during early Asian tradi...
How Will Cynthia Lummis’s Proposed Bill Affect Bitcoin
Senator Cynthia Lummis, a rancher and Republican senator from Wyoming introduced a comprehensive and sweeping bill concerning Bitcoin and crypto regulations. The RFI (Responsible Financial Innovation)...
Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate
Global financial markets once again find themselves trending lower on June 10 after the Consumer Price Index (CPI) came in at a blistering 8.6% year-over-year increase, the highest print since 1981. ...
Are There Possibilities For Grayscale’s Bitcoin ETF To Get Approval?
Grayscale is willing to implement its plans to convert GBTC to an ETF, but the SEC has been unfriendly towards the Bitcoin ETF. There are skepticisms if Grayscale’s spot-based Bitcoin ETF ...
This Bitcoin Mining Chip Maker Plans A Nasdaq IPO Even As Markets Crash
China-based fabless chip designer Nano Labs Ltd. has filed a Form F-1 with the U.S. Securities and Exchange Commission (SEC) to raise $50 million in an initial public offering (IPO). The company is fo...
ETH Falls to 15-Month Low to Start the Weekend – Market Updates Bitcoin News
Crypto prices plunged as the weekend commenced, following yesterday’s U.S. inflation report, which came in at a 40-year high of 8.6%. ETH fell to its lowest point in fifteen months, while BTC dropped ...
Bitcoin Drops to $29,200 as Inflation Reaches Highest Level Since 1981
Alex Dovbnya U.S. inflation has grown at its fastest rate in four decades, exerting more pressure on risk assets Bitcoin, the world’s top cryptocurrency, dropped to an intraday low of $29,453 af...
Here’s Why Bitcoin Miners In Texas Are Cutting Down On Power
June witnessed record-breaking power use levels which occurred due to high temperatures in Texas, posing a challenge for the power grid of the state. According to data from the Electric Reliability C...
Nigerian Court Sentences Crypto Fraudster to One Year in Jail, Accused Given Option to Pay Fine – Bitcoin News
A Nigerian court has convicted and sentenced a man to one year in prison who is accused of duping an unsuspecting cryptocurrency investor. On its charge sheet, the prosecution said that the man had co...
Ethereum eyes fresh yearly lows vs. Bitcoin as bulls snub successful ‘Merge’ rehearsal
Ethereum’s native token Ether (ETH) resumed its decline against Bitcoin (BTC) two days after a successful rehearsal of its proof-of-stake (PoS) algorithm on its longest-running testnet “Ro...
Dubai-Based “Five Hotels and Resorts” To Accept Bitcoin And Ethereum Payments
– Advertisement – A popular hotel and resort from Dubai is expanding into Europe and plans to accept BTC and ETH payments. Cryptocurrencies are expanding their reach and acceptance into ...
Bitcoin’s Price to Skyrocket by the Year’s End, Predicts deVere Group CEO
According to Nigel Green – CEO and Founder of deVere Group – investors should expect a “significant bounce” of bitcoin’s USD valuation in Q4, 2022. In his view, the primary cryptocurrency is highly co...
Bitcoin (BTC) Will Explode by Over 700%, According to CEO of $80,000,000,000 Asset Manager: Report
The CEO of global investment manager VanEck, Jan van Eck, is reportedly expressing optimism that the price of Bitcoin (BTC) will rise to stratospheric heights. The VanEck CEO says that Bitcoin could r...
Washington State Raises Bitcoin Mining Charges By 29%
The charges to access hydroelectric power for Bitcoin Mining F has now gone up by 29% in Washinton state located in Western United States. The new raise was commissioned by a Public Utility District C...
Swedish central bankers snipe Bitcoin mining, cite rampant energy use
Another day, another environmental attack on proof-of-work (PoW) mining. A report shared by the Swedish central bank argued that energy-intensive Bitcoin (BTC) and cryptocurrency mining should be bann...
BTC Drops Below $30K, ETH Plummets to Lowest Prices Since March 2021 (Market Watch)
After the US announced the latest record-setting CPI data, bitcoin dumped below $30,000 and registered a two-week low. The altcoins are in an even worse shape, with ETH plummeting to its lowest price ...
Bitcoin price falls under $29.5K after ‘unexpected’ 40-year high US inflation
Bitcoin (BTC) fell sharply on June 10 after surprisingly high inflation data from the United States rattled markets before the Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: Trading...
Elon Musk Reacts to Ex-Twitter CEO Jack Dorsey’s Bitcoin Web5 Project, Says Dogecoin’s Web69 Will Be Awesome
– Advertisement – The Tesla exec has reacted to reports of Dorsey building a Web5 decentralized web that will focus solely on Bitcoin. The cryptocurrency community has reacted positively t...
Bitcoin (BTC) Price Primed to Plunge Hard To Hit $21,000 Soon
In a recent twist within the crypto space, most of the assets are on the verge to break their lower support and mark new lows in 2022. Bitcoin price on the other hand, which maintained the lower suppo...
Report: Decoding how global Bitcoin adoption can cross 10% by 2030
The global adoption of Bitcoin is set to further increase tremendously by 2030 as per Blockware, an infrastructure provider for blockchain technologies. The prediction does not come off as surprising ...
Felix Capital Raises $600 Million to Grow Web3 Exposure – Bitcoin News
Felix Capital, a London-based VC company, has raised $600 million in its fourth fundraising round, this being its biggest yet. The company, which has been investing in commerce and money-tooling start...
Bitcoin Lightning Network capacity charges through 4,000 BTC
There’s cause for celebration from the world’s largest cryptocurrency. The Lightning Network hit the 4,000 Bitcoin (BTC) public capacity milestone, meaning $120 million in value is ready for peer-to-p...
Farfetch Luxury-Fashion Giant to Begin Accepting BTC, ETH, BNB Payments Soon
Yuri Molchan Crypto payments that include Bitcoin and BNB are soon to be adopted by another major luxury-fashion company in Europe Contents Seven cryptos to be accepted by Farfetch via Lunu PoS Ripple...
Bitcoin (BTC) Slips In Minutes After Steaming-Hot U.S. Inflation
Bitcoin (BTC) slipped on Friday after U.S. CPI data showed inflation was nowhere near cooling. BTC fell 1.5% in minutes after the reading, which showed that the U.S. consumer price index (CPI) expande...
Abra Touts First Bitcoin Card on the American Express Network
Abra announced today the launch of its crypto credit card, which will use the American Express network and give cardholders the chance to earn Bitcoin as a reward for making purchases. “We’ve kn...
Bitcoin (BTC) Dumps With The U.S May CPI at 8.6%
The U.S CPI for May accounts to rise by 8.6%. BTC drops by $500 instantaneously. The rise of CPI leads to the slumping down of BTC. Just when the Bitcoin (BTC) sees the limelight at touching the $30K...