The $1.5 billion worth of BTC purchase was made by the Luna Foundation Guard to bolster its stablecoin reserves. Luna Holds Over 80K BTCs The latest BTC purchase brings Luna Foundation Guard’s (LFG) ...
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BTC Collapses 10% in a Day, Here’s The Next Critical Support
Bitcoin has broken the $37K support to the downside as the price crashed more than 10% yesterday. This could trigger a bearish scenario towards the $30K demand zone. Technical Analysis By: Edris Daily...
Traders Still in Search of BTC Floor Price
Last month did not go as planned for the bulls as Bitcoin failed to impress. There were several bullish predictions as to how the apex coin would perform but all failed as price progression was marred...
Bitcoin’s price tumbles as much as 7% during financial markets tumult
Cryptocurrency prices fell across the board on Thursday, with bitcoin dropping as much as 7% — a move that came in tandem with a broader decline in financial markets. Bitcoin’s price dropped down from...
Klein Finance Announced the Completion of a Funding Round With Participation From KCC Chain and KuCoin-Ventures – Press release Bitcoin News
press release PRESS RELEASE. Klein Finance, a stablecoin liquidity provider and exchange platform built on KCC (Kucoin Community Chain), announced the opening of its funding program. It has already re...
Bitcoin Short-Term Holders Were Behind The Selloff To Below $36k
On-chain data shows Bitcoin short-term holders seem to have been behind the latest selloff that has taken the price of the crypto below $36k. Bitcoin Investors Holding Coins Aged Between 1 Day And 6 M...
Bitcoin price drops fuelling over $400 market liquidation
Time waits for no man, neither for crypto recovery. So it is no surprise that the crypto market resurgence has met with resistance. The market is in decline, and investors are worried that another cry...
BTC Ought to Touch Down to $34K!
BTC crashes down to $35K. Current rate BTC will touch down to $34K. BTC will hit rock bottom of $24K in 2022, before surging up. The focus lights are always upon the king of the cryptos, the Bitcoin ...
Hong Fang: BTC Is Still a Solid Hedge Against Inflation
Is bitcoin still a good hedge against inflation? According to OK Coin CEO Hong Fang, the answer is a resounding “yes.” Hong Fang: Bitcoin Can Still Fight Inflation The argument of bitcoin serving as a...
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June – Economics Bitcoin News
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback...
Bitcoin’s rocky road to becoming a risk-off asset: Analysts investigate
Thursday was a bloodbath for traditional and cryptocurrency markets. On the worst day of trading since 2020, Bitcoin (BTC) dropped over 7%, while the Nasdaq slipped over 5%. Many hoped for capitulati...
IMF says Bitcoin adoption in Central African Republic poses risks
The International Monetary Fund (IMF) highlighted the difficulties that adopting Bitcoin as a legal currency for the Central African Republic presents for both the nation and region. The government an...
Top Crypto Analyst Benjamin Cowen Says Bitcoin (BTC) To Experience Choppy Months Ahead – Here’s Why
Widely-followed crypto analyst Benjamin Cowen is predicting that Bitcoin (BTC) will trade without a clear direction over the coming months. In a new strategy session, Cowen tells his 732,000 YouTube s...
Senator Warren challenges Fidelity over its Bitcoin 401(k) plans
Senator Elizabeth Warren and Tina Smith have written a letter to Fidelity over its decision to allow Bitcoin investments in its 401(k) plans. The letter asked the investment firm why it failed to hee...
Two US Senators Pen Letter to Fidelity CEO Detailing Concerns With Proposed Bitcoin 401(k) Retirement Plans
Two members of the US Senate are writing a letter to financial services giant Fidelity presenting issues with the firm’s new plans to offer Bitcoin (BTC) as an option for 401(k) retirement plans. In a...
Central African Republic, Bitcoin adoption risky for IMF
The decision taken a few weeks ago by the Central African Republic (CAR) has been described as risky according to the IMF. CAR had announced that it was adopting Bitcoin as legal tender, alongside th...
When Will Bitcoin, Ethereum, XRP, Solana, and Avalanche Price Recover? » NullTX
With the recent cryptocurrency market correction sending Bitcoin, Ethereum, XRP, Solana, Avalanche, and most major crypto assets into free fall, many traders wonder when the cryptocurrency price will ...
US SEC approved One more Bitcoin Futures ETF, but where are the Spot products?
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Top Crypto Trader Says Bouncing Bitcoin (BTC) To Test Lower Lows, Examines Ethereum (ETH) and VeChain (VET)
Widely-followed crypto analyst Justin Bennett says Bitcoin (BTC), Ethereum (ETH), and VeChain (VET) should all expect lower lows before their next legs up. In the latest edition of the trader’s Crypoc...
China’s Crypto Stance Takes A Hit As Shanghai’s Top Court Upholds Bitcoin As Property ⋆ ZyCrypto
Advertisement     A top court in Shangai, China’s biggest city and a global financial hub has upheld Bitcoin as property under Chinese laws, pitting the government aga...
WAVES Drops 17% as NEAR, SOL, and AVAX Also Take Double-Digit Hits on Friday – Market Updates Bitcoin News
WAVES dropped by as much as 17% in today’s session, as crypto markets as a whole traded mostly in the red. SOL and NEAR were two notable tokens to fall in today’s session, with AVAX also falling by do...
Will Bitcoin mining rigs Heat Vancouver Next Year?
The city of Vancouver would soon be diving into the future. New York will be tracing the steps of the Chinese route and cutting its connection to its other industry, Vancouver believes in making use o...
Africa’s top golfers to shoot for Bitcoin prize on Sunshine Tour
Top golfers from Africa and Europe will be eyeing lucrative Bitcoin (BTC) payouts at the end of the 2022 season after a new sponsorship of South Africa’s Sunshine Tour. The year-long season sees golfe...
New York environmental committee will not consider Bitcoin mining ban bill
On Friday, May 6, a bill that would have imposed a two-year moratorium on certain sorts of proof-of-work (PoW) crypto mining businesses in the state of New York was dealt a major setback. The bill is ...
Terra Faces Danger Despite LFG’s Bitcoin Accumulation
Key Takeaways Terra has plummeted over the past 24 hours amid growing macroeconomic uncertainty. LUNA was affected in the latest market downturn despite the Luna Foundation Guard announcing a $1.5 bil...
Luna Foundation Guard Buys $1.5B More Bitcoin to Boost Reserves
The Luna Foundation Guard (LFG) has bought another $1.5 billion in bitcoin to boost reserves of Terra’s UST stablecoin, with help from hedge fund Three Arrows Capital and crypto broker Genesis Trading...
The Battle Between The Bears And The Bulls for The Control Of Bitcoin
The world’s most valuable cryptocurrency BTC On April 11, fell below $40,000 for the first time since March 16th. What could be the factors responsible for these? Who are the enemies of Bitcoin? Are p...
Top Crypto Trader Warns of an Unfolding Bitcoin (BTC) Bull Trap, Predicts Ethereum (ETH) Will Drop Over 50%
A popular crypto trader is giving a gloomy forecast for Bitcoin (BTC) and Ethereum (ETH) as the two largest crypto assets by market cap plunge deeper into the red territory. Pseudonymous crypto analys...
Bitcoin bear running sprint or marathon? Answer might make you portfolio-sick
With the king coin testing new support levels every single day, it can be said that the bear has outright refused to come out of its ongoing slumber and wishes to stay in hibernation. The last month h...
Six Weeks of Red, is the Bitcoin Cycle Happening? – Trustnodes
Bitcoin is seeing one of its longest streak of red, with the crypto currency entering its sixth week of falling down. Green has not been seen since the 21st of March when $47,000 was reached, with a n...