Bitcoin is now into its 12th week of the prevailing drawdown since the all-time-high, and derivatives traders are betting on more downwards movements by the premiere cryptocurrency. Meanwhile, on-chai...
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Bitcoin Mining Carbon Emissions at ‘Inconsequential’ Levels: CoinShares
In brief CoinShares says Bitcoin mining is responsible for less than 0.1% of global carbon emissions. It says “the emission costs of Bitcoin are dwarfed by its benefits.” It’s hard t...
MicroStrategy will continue to buy BTC despite impairment charges
advertisement MicroStrategy plans to continue investing its free flows into bitcoin, and expects its investors to think of it as a vehicle for crypto exposure. The firm shared its Q4 earnings report t...
Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet – Wallets Bitcoin News
On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for My...
Bitcoin Price Rises As El Salvador Rejects IMF Call To Ditch BTC
Bitcoin started rising with the news El Salvador rejected the IMF request to drain BTC as a currency. In response, Bitcoin grew to a 14-day high price level, adding more than a quarter trillion US dol...
Drew Brees to Get Paid in Bitcoin via NYDIG’s BTC Savings Plan
Retired NFL quarterback-turned-entrepreneur Drew Brees has elected to take part of his salary in Bitcoin through NYDIG’s new Bitcoin Savings Plan. Brees, who currently works as an analyst for NBC Spor...
Bitcoin On-Chain Environment Suggesting Bullish Undertones, According to Analytics Firm Glassnode
Blockchain analytics firm Glassnode says that Bitcoin’s on-chain fundamentals have hints of bullishness, suggesting that recent market correction could be close to over. In its latest report, Glassnod...
Michael Saylor’s MicroStrategy Splashes Another $25 Million on Bitcoin
Leading business intelligence and software company MicroStrategy recently acquired an additional 660 bitcoins between the periods of December 30th 2021 and January 30th 2022. Per the Tuesday announcem...
Bitcoin Will Need Help From the Stock Market To Kick Off Reversal, According to Crypto Analyst Benjamin Cowen
A popular crypto analyst is looking at historical Bitcoin (BTC) trends as well as the US stock market to determine when the cryptocurrency might regain some positive momentum. In a new strategy sessio...
Microstrategy Buys 660 More Bitcoins —Total Holdings Rise to 125,051 BTC – Featured Bitcoin News
Nasdaq-listed Microstrategy has bought 660 more bitcoins at an average price of $37,865 per coin, bringing the total crypto holdings of the company to 125,051 bitcoins. “Our strategy with bitcoin has ...
Bitcoin Inflows Suggest Institutional Investors Are Moving Back Into The Market
Bitcoin and the crypto market at large had suffered outflows that coincided with the massive sell-offs that rocked the market. This contributed to the downtrend that saw bitcoin touch towards six-mont...
El Salvador Taps AlphaPoint to Fix State-Sponsored Bitcoin Wallet Chivo
In brief El Salvador’s state-sponsored Bitcoin wallet had numerous problems after its September launch. A U.S. software company has been hired to fix them. El Salvador’s government today announc...
Thailand, stop to Bitcoin trading tax
Thailand has abandoned its intentions to implement a tax on Bitcoin and cryptocurrency trading and this has made local traders breathe a sigh of relief. The tax on Bitcoin trading in Thailand As repor...
Institutional Investors Cautiously Building Crypto Positions As BTC Remains Below $40,000
Institutional investors appear to be dipping their toes back into the crypto markets to get in on lower price levels, according to a new report. Digital asset manager CoinShares says investors are cau...
BTC/USD Is in a Range Bound Move as Bitcoin Fluctuates above $38,000
BTC Trades Marginally as Bitcoin Fluctuates above $38,000 – January 31, 2022 BTC/USD has resumed a narrow range between $38,200 and $39,000 price levels as Bitcoin fluctuates above $38,000 . Today, Bi...
Why This Bank Will Offer Bitcoin And Ethereum Via Bakkt
Bakkt recently announced that Hanover Bank will integrate with its platform to expand access to Bitcoin and Ethereum. The New York-based financial institution will be part of Bakkt’s early adopter pro...
AdaQuest to Hold a Public Sale on KICK․IO – Press release Bitcoin News
press release PRESS RELEASE. It is surprising how many NFT enthusiasts are also into role-playing games. In retrospect, it was only really a matter of time before someone combined these two passions i...
On-Chain Analyst Willy Woo Makes Argument for Why Bitcoin (BTC) Is Not in a Bear Market
Crypto analyst Willy Woo is examining the on-chain metrics of Bitcoin (BTC) to determine the flagship cryptocurrency’s current market state. Woo says on the What Bitcoin Did podcast that, based on on-...
Mainstream Adoption Won’t Boost Bitcoin Price
Goldman Sachs’s words have been interpreted as a sign that the cryptocurrency craze may be coming to an end. The analysts at this global banking powerhouse say they don’t see mainstream adoption boost...
NVT Shows Undervaluation of Network: Bitcoin (BTC) On-Chain Analysis
BeInCrypto takes a look at on-chain indicators, more specifically the NVT (Network Value to Transaction) in order to determine if the Bitcoin (BTC) network is properly valued. NVT is an on-chain indic...
BTC/USD Struggles to Hold Above $39,000 Resistance Level
Bitcoin Price Prediction – February 1 The Bitcoin price prediction is currently consolidating and seems to be preparing for the next move above the resistance level of $39,000. BTC/USD Long-term Trend...
Bitcoin Charts Similar Market Structure As of June 2021’s Bottom (BTC Price Analysis)
While bitcoin is recovering from its massive 50% crash since reaching the ATH in November 2021, the onchain and technical indicator are not showing strong momentum and signs of a bull run renewal. The...
Nayib Bukele fires back after the IMF said El Salvador should drop BTC
Salvadoran leaders have come out to strike back at the International Monetary Fund (IMF) after the international financial institution suggested that the country stop using Bitcoin (BTC/USD) as legal ...
Bitcoin Slated to Suffer in 2022 Thanks to Federal Reserve Rate Hikes
Bitcoin has been incurring heavy dips as of late. Just a few months ago, the world’s number one digital currency by market cap was trading for a whopping $68,000 per unit, but now, the asset has lost ...
$3.6 Billion in Bitcoin From the 2016 Bitfinex Hack Consolidates Into a Single Address – 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 Rangebound Near Support; Resistance at $40K-$43K
Bitcoin (BTC) is holding support above $37,000, albeit within a narrow trading range. The cryptocurrency is roughly flat over the past 24 hours, changing hands at press time around $38,500, up 3% over...
Long-Time Bitcoin Trader Tone Vays Issues Warning, Says BTC Hinting Historically ‘Catastrophic’ Pattern
Veteran crypto trader Tone Vays is warning that BTC’s moving averages are flashing signs of potential catastrophe in the coming months. In a new YouTube update, Vays tells his 120,000 subscribers that...
Kiss Frontman Accepting Bitcoin, Ethereum, Litecoin and Other Coins for His Las Vegas Mansion
Alex Dovbnya The legendary rocker is willing to accept a slew of cryptocurrencies for his Sin City property KISS frontman Gene Simmons has announced that he will accept Bitcoin (BTC), Ethereum (ETH), ...
Bitcoin and Ethereum Prices Should Rise Over Time As BTC and ETH in Early Adoption Days, Says Bloomberg Analyst
Bloomberg senior commodity strategist Mike McGlone says he’s long-term bullish on Bitcoin (BTC) and Ethereum (ETH) as he notes both crypto assets are still in their “early adoption” days. In a tweet, ...
MicroStrategy Buys Another 660 BTC, Bring Total Held to $3.78B
As MicroStrategy share prices continue their downward trend, founder and CEO Michael Saylor seems unfazed. In fact, his company has just purchased a cool 660 bitcoins. Michael Saylor has announced tha...
Bitcoin is a superior form of money- The Cryptonomist
Recently, Fidelity Digital Assets (FDA) published a report called “Bitcoin First” and dedicated specifically to Bitcoin. Fidelity: Bitcoin is superior money Fidelity Digital Assets is the cryptocurre...