Binance’s Changpeng Zhao (CZ) has said the exchange supports the proposal to compensate retail LUNA users ahead of larger investors. He also said the LUNA tokens received by Binance in exchange for a ...
Category: Bitcoin
Live Bitcoin News Updates.
44 Countries As Invitees To El Salvador’s BTC Meet
2 hours ago | 2 mins read Bitcoin News El Salvador is the first country to adopt BTC as a legal tender. Bitcoin laid out the map of ‘Bitcoin City’ on May 10. President Nayib Bukele announced on Twitte...
SBF does not see Bitcoin becoming a payment network, lampoons its energy consumption
Sam Bankman-Fried (SBF), the CEO and founder of leading crypto exchange FTX, said in a recent interview with the Financial Times that he does not think Bitcoin has a future as a payment network. SBF...
Bitcoin Breaches $30K as Ethereum, Cardano, Solana Join Weekend Rally
Bitcoin, the largest cryptocurrency by market cap, briefly rose above $30,000 today after six straight weeks of market declines. As of this writing, Bitcoin was up nearly 4% to 29,980.72, according to...
What happened to the bitcoin reserve behind Terra’s UST stablecoin?
Bitcoin fell below the $26,000 level since December 2020. (Photo credit should read CFOTO/Future Publishing via Getty Images) CFOTO | Future Publishing via Getty Images Investors have been eager to fi...
XMR and SOL Higher on Monday – Market Updates Bitcoin News
Despite BTC and ETH trading lower on Monday, several cryptocurrencies managed to move higher to start the week. XMR was one of the biggest climbers, with solana also moving higher during the session. ...
May Brings Showers Not Flowers as Bitcoin Languishes in Terra Aftermath
Duong says that from a price-chart perspective, bitcoin is in a “no-man’s land” with the next major technical support at the 200-week moving price average around the $22,000-23,000 area. “If thi...
Number of addresses with over 1 Bitcoin hits new all-time high despite volatility
Although Bitcoin (BTC) continues to struggle in an attempt to reclaim the highs of last year, the latest data indicates that addresses with at least one BTC is on the rise. As of May 16, 2022, the nu...
44 Central Banks to Attend Bitcoin Gathering in El Salvador – Trustnodes
32 central bankers and 12 financial institutions from 44 countries, including Egypt and Pakistan, are to descent on El Salvador on Tuesday. In the biggest meeting of its kind, and the first where bitc...
Bitcoin (BTC) Price Loses Bullish Momentum, Falls Under $30K
The price may begin a new negative wave if it falls below $28,000. If BTC breaks through the $30K level, a new upward trend may be on the horizon. Over the last two weeks, the cryptocurrency markets h...
44 Countries to Meet in El Salvador to Discuss Bitcoin, Other Things
Nayib Bukele has revealed that representatives from several countries will meet in El Salvador on Monday for discussions on Bitcoin adoption. El Salvador president Nayib Bukele recently announced on T...
Bitcoin, Binance Coin, Nexo, and OKB Daily Price Analyses – 16 May Morning Price Prediction
The global crypto market has shifted to the negative side of the trajectory as the performance of various coins sees difficulties. The change in the performance of Bitcoin, Binance Coin, and others ha...
Bitcoin Dominance Rate Bounces Sharply After Triple Bottom Pattern
After creating a bullish pattern, the Bitcoin Dominance Rate (BTCD) has broken out from a nearly yearlong descending resistance line. On Jan 2022, BTCD bounced at the 40% long-term support area for th...
Can Bitcoin’s [BTC] current ‘oversold’ situation trigger a recovery past $30k
Bitcoin, the largest cryptocurrency suffered major limelight into extreme fear territory not seen since the COVID-19 crash. The worst trading day came on 12 May, when BTC slumped from just over $30,00...
BTC Mass Adoption On The Horizon As Over 40 Nations Set To Discuss Bitcoin In El Salvador ⋆ ZyCrypto
Advertisement     President Nayib Bukele has announced that El Salvador will be hosting 44 countries “to discuss financial inclusion, digital economy, banking the unba...
Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries – Bitcoin News
On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. Circle’s CFO explained that since ...
Why There is no Profit for Small Bitcoin Miners in 2022
May 16, 2022 at 13:01 // News Due to the exponential rise of the bitcoin difficulty factor, frustrated bitcoin miners are storming the Ethereum network. According to the Cryptocurrency Mining Index, a...
Bitcoin Miner Bitfarms Lowers Hashrate Outlook to 6 EH/s This Year
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
LFG Reserve Pool’s $1.2 Billion BTC?
2 hours ago | 2 mins read Altcoin News $750 million BTC was used for restoring peg value by lending to OTC trading firms. 28,205 BTC was transferred to an unknown account on Binance Exchange. Luna Fou...
Luna Foundation Guard reveals where missing 80K BTC reserves went
The Luna Foundation Guard, the organization responsible for the Terra ecosystem led by Do Kwon, has released information regarding its missing reserve funds. The crypto industry has been asking where ...
BTC Below $30,000 to Start the Week – Coinotizia
Following a volatile weekend of trading, cryptocurrency prices consolidated to start the week, with BTC close to its long-term floor. Overall, bitcoin was trading marginally below $30,000, with ETH ho...
Elliptic’s Report Reveals Details About Terra’s BTC Treasury
Elliptic, a well-known blockchain analytics and intelligence firm, released a report explaining the situation regarding Luna Foundation. The report highlighted how LFG’s Bitcoin stash was bought to c...
BTC Price Under Bear’s Spell; Is $26,000 On Cards Again?
BTC price edges lower bucking the previous week’s late recovery. The price opened the trading session on a higher note but soon the upside fizzled out. BTC breaks below the $30,000 mark telling that t...
Luna Confirms They Sold All Bitcoin – Trustnodes
The Luna Foundation has announced they sold 80,000 bitcoin, currently worth $2.4 billion, on May the 8th and 10th while bitcoin’s price crashed. They sold them for about 3 billion UST, which is now wo...
BTC Below $30,000 to Start the Week – Market Updates Bitcoin News
Following a volatile weekend of trading, cryptocurrency prices consolidated to start the week, with BTC close to its long-term floor. Overall, bitcoin was trading marginally below $30,000, with ETH ho...
Bitcoin long positions spike 60% on Bitfinex
Long positions on Bitcoin have hit an all-time high on Bitfinex as they spike over 60% in a day. The spike is one of the most aggressive moves up that has ever been seen on the exchange. The previous ...
Terra’s LFG Reveals What Happened to Its Bitcoin Reserves
Key Takeaways The Luna Foundation Guard revealed Monday that it had spent almost all of its Bitcoin reserves in its failed attempt to restore UST’s peg. The LFG reportedly has only 313 Bitcoin l...
FTX Founder Downplays BTC’s Chances as an Efficient Payment Network
The founder of FTX has taken a swipe at Bitcoin (BTC) over its inefficiency in settling transactions and has thrown his weight behind the proof-of-stake (PoS) consensus mechanism. Sam Bankman-Fried, C...
David Marcus Launches Bitcoin Payments Startup Lightspark – Bitcoin News
David Marcus, former cryptocurrency head at Meta, is launching Lightspark, another payments company that will use crypto as its central payment tool. The startup, which will have Marcus at the helm as...
Bitcoin Consolidates Above $29,000 Support but Struggles below $32,000 High
May 16, 2022 at 11:09 // Price The price of Bitcoin (BTC) is in a downward correction as it consolidates above $29,000 support. Today, the largest cryptocurrency is trading at $29,287 at press time. &...
Bitcoin, Ethereum Price Crash May 2022. What Next?
cryptocurrencies getty I’ve been drawing this and similar charts for months now: The bitcoin chart: heading sharply downwards Credit: ADVFN I actually think this will come to rest around $15,000 and $...