Bitcoin (BTC) broke out from descending wedge pattern on May 4, but the upward movement could not be sustained and the price fell sharply the next day. Bitcoin has been falling since reaching a local ...
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Bitcoin Price Crash Below $37k In Correspondence With Nasdaq Index! What Next
As the crypt space was eagerly waiting for a bull rally, the cryptocurrencies took a u-turn as the market crashed. The crash was led by the world’s first cryptocurrency, Bitcoin as the price took a de...
Crypto Markets Shed $150B as Bitcoin Collapses to Lowest Point Since Russia’s Invasion (Market Watch)
After failing at $40,000 two days ago, bitcoin was violently rejected and dumped by over $4,000 in hours to its lowest price point in over two months. The alternative coins are also buried in red, wit...
Grayscale CEO Expects SEC To Approve Spot Bitcoin ETF Soon, Here’s Why
Grayscale CEO Michael Sonnenshein in a discussion with Anthony Pompliano on May 6 said the SEC could soon approve the conversion of the Grayscale Bitcoin Trust (GBTC) to a spot Bitcoin ETF. He believe...
New Zealand VC Launches $5 Million Web3 and Crypto-Focused Fund – Finance Bitcoin News
New Zealand-based venture capital firm Global From Day 1 (GD1) recently said it had launched a $5 million Web3 and crypto-focused venture capital fund to back local startups. The fund will invest in p...
Bitcoin Critic Peter Schiff Believes Mass Selling of Crypto May Begin Now, Here’s Why
Yuri Molchan Gold bug Peter Schiff expects massive crypto sell-off now that Bitcoin has dropped below $37,000 Contents “Bitcoin and blockchain-related stocks getting decimated” Schiff expe...
Spectrum Markets certificates on Bitcoin and Ethereum
Spectrum Markets has announced the launch of Bitcoin and Ethereum turbo certificates. These are institutional-grade turbo warrants that allow you to hedge against volatility risks. Delighted to announ...
Why Did Bitcoin Drop Below $37,000 Despite the FOMC Push? Will BTC Price Hit $30,000 This Week?
Bitcoin price and the major crypto assets witnessed a steep fall with minutes of the stock market began its operation for the day. Interestingly, the crypto space had received a bullish push, a couple...
Senator’s Financial Freedom Act would ensure Bitcoin can be in your 401(k)
Republican Senator Tommy Tuberville from Alabama has unveiled a new bill he calls the Financial Freedom Act to allow Americans to add cryptocurrency to their 401(k) retirement savings plan unencumbere...
$400 Million Liquidated on Crypto Market as Bitcoin Plunges to $36,000
A total of $400 million worth of long orders were liquidated on the cryptocurrency market in the last 24 hours following the massive plunge of Bitcoin to $36,000, per CoinGlass. The first cryptocurren...
SEC Greenlights Valkyrie Bitcoin Futures ETF, but No Sign of Spot Yet
The United States Securities and Exchange Commission (SEC) has approved a futures exchange-traded fund (EFT) application from Valkyrie. This marks yet another ETF approved by the SEC, which has been ...
Coinbase Loses $593,000,000 in Bitcoin (BTC) in Less Than a Day As BTC ETF Inflows See Massive Spike
Massive quantities of Bitcoin (BTC) are being shuffled around as the crypto markets witness a sudden sell-off. The data-tracking bot WhaleAlert revealed that nearly 16,000 BTC was moved off of Coinbas...
IMF Says Central African Republic’s Bitcoin Adoption Poses Risks – Featured Bitcoin News
The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal ...
Bitcoin Miners Reach the Halfway Point to the Next Block Reward Halving – Coinotizia
On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving t...
Luna Foundation Purchases Additional $1.5B in Bitcoin to Bolster TerraUSD (UST) Reserve
The Luna Foundation Guard (LFG), a non-profit and the team behind Terra (LUNA) announced today that it has purchased an additional 37,863 bitcoins worth $1.5 billion to bolster its UST stablecoin rese...
Institutional Bitcoin Withdrawals Are Near One Year Highs Is There More Worse To Come
Despite the widespread negativity, not every digital asset in the space had met the same death. By attracting the most inflows, FTX Token emerged as the week’s surprising winner. Last week, the ...
Bitcoin Corrects Almost 8%; Will BTC Hit Its Support Near $34K?
The largest digital currency, Bitcoin, faced the biggest intraday drop of more than 8% to $36,700. On the other hand, Ethereum was also down more than 7%, along with many other cryptocurrencies. It ha...
Bitcoin’s (BTC) Slump To $35K Was Largely Driven By This
Bitcoin (BTC) tumbled below a key support level of $38,000 this week, as concerns over an economic recession and rising interest rates intensified. The token slumped over 8% in the past 24 hours, hitt...
Bitcoin Holder Moves $300 Million Worth of BTC from Coinbase
Bitcoin outflows from leading crypto trading platforms are rising since the last two years. In a recent move observed by Whale Alert, a BTC holder executed a transfer worth $300 million from Coinbase....
Australian Senator Urges Regulators to Approve Local Bitcoin ETF Applications – crypto.news
Senator Andrew Braggs has said that the Australian Securities and Exchange Commission (ASIC) should greenlight Bitcoin ETF applications from local investment managers before considering foreign player...
Sen Elizabeth Warren Concerned About Fidelity’s Bitcoin-401K Plan
Senator Elizabeth Warren, along with fellow Democrat Senator Tina Smith, has questioned Fidelity’s plan to allow investors to put bitcoin into their 401(k) retirement savings accounts, following simil...
Bitcoin Cash Analysis: Risk of More Losses Below $270
Bitcoin cash price started a fresh decline from the $300 resistance against the US Dollar. The price is now trading below the $280 zone and the 55 simple moving average (4-hours). There was a break be...
Crypto Exchange Binance Approved by French Regulator as a Fully Regulated Digital Asset Service Provider – Regulation Bitcoin News
Cryptocurrency exchange Binance has received regulatory approval from the French financial regulator to operate as a registered digital asset service provider. “Binance will significantly scale our op...
Bitcoin Bears to Push BTC Price Even lower! Traders Can Expect Deeper Bear Market Ahead
Bitcoin’s chart has worsened in the last 24 hours, with the king currency dropping by 8%. After reaching a high of $39,820, the coin’s price began to fall. The majority of the cryptocurrency market is...
Terra Becomes Second-Largest Corporate Holder of Bitcoin, Surpassing Tesla
Alex Dovbnya Terra has extended its Bitcoin buying spree, becoming the second-largest corporate holder of the top cryptocurrency Luna Foundation Guard (LFG) has become the second-largest corporate Bit...
Bitcoin Price Crash To $36k, Institutional Investors Are Finding The Exit Strategy. Here’s What Next – Coinpedia – Fintech & Cryptocurreny News Media
It’s been a month since the cryptocurrency market is moving to and fro from bullish push and bearish pull. But today the world’s first currency bottomed around $36,000 which has bought the global cryp...
Luna Foundation Guard Purchased Another $1.5 Billion Worth of Bitcoin
Singapore-based Luna Foundation Guard (LFG) made yet another bitcoin purchase of $1.5 billion in Bitcoin for its UST stablecoin reserve. According to CNBC on Thursday (May 5, 2022), LFG raised the fun...
Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020
Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin (BTC) price plummeted to $35,571 on Binance. The widespread weakness comes as traders have h...
Bitcoin Miners Reach the Halfway Point to the Next Block Reward Halving – Bitcoin News
On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving t...
Bitcoin Getting Obliterated as Dollar Index Surges to Highest Level in Decades
Alex Dovbnya King Dollar has reached the highest level in two decades against a basket of other top fiat currencies as Bitcoin keeps getting pummeled The Bitcoin price has collapsed more than 8% over ...
Bitcoin, Binance Coin, Chainlink, and Stellar XLM Daily Price Analyses – 5 May Roundup
The global crypto market has surprised the investors as the new changes took place. The sudden reversal of losses proved more astonishing for the investors. The changes in Bitcoin value are most evide...