MicroStrategy Reports $170M Impairment Charge on Bitcoin Holdings in Q1

Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. MicroStrategy (MSTR) took a non-cash digital ass...

Bitcoin (BTC) Rebounds After Dropping to $38,000 Horizontal Support

Bitcoin (BTC) is in the process of breaking out from a descending wedge pattern, which has been in place since April 18. This could be the catalyst for a significant upward movement. Bitcoin has been ...

MicroStrategy Registers a $170 Million Impairment Charge on Bitcoin in Q1

American business intelligence company MicroStrategy released its Q1 financial results in which it revealed a non-cash digital asset impairment charge of $170.1 million. The company also revealed appo...

Joe Rogan says government ‘is freaking out’ over Bitcoin’s viability as a currency

As Bitcoin (BTC) begins to slowly recover after a difficult week for the majority of the cryptocurrency market, more public personalities are coming out as strong supporters of the digital asset, incl...

Bitcoin (BTC) Rebounds After Dropping to $38,000 Horizontal Resistance

Bitcoin (BTC) is in the process of breaking out from a descending wedge pattern, which has been in place since April 18. This could be the catalyst for a significant upward movement. Bitcoin has been ...

TRON (TRX) Soars 10%, BTC Still Stuck in the Same Range

After another price dip to sub-$37,000 levels, bitcoin went on the offensive and jumped to almost $39,000. Most of the altcoin space seems untypically calm, with Tron being among the very few impressi...

Here’s How Bitcoin (BTC) Will React to Highly-Anticipated Fed Rate Hike, According to Top Crypto Analyst

A widely followed crypto strategist is predicting how Bitcoin (BTC) will behave in response to the Federal Reserve announcing a fresh round of rate hikes. Pseudonymous analyst Pentoshi tells his 540,6...

Finance School Bentley University Now Accepts Cryptocurrency Payments for Tuition – Bitcoin News

Bentley University, the private university located in Waltham, Massachusetts, has revealed it now accepts digital currencies for tuition payments. Bentley University’s president explained that the sch...

Europe, Bitcoin mining at risk of ban?- The Cryptonomist

With what is happening in New York State, US, where they are about to ban Proof-of-Work (PoW) based Bitcoin mining, how likely is it that something similar could happen in Europe?  Does Bitcoin in Eur...

Amidst The FOMC Meeting Today, Bitcoin To Drop At $32k! Here Is Why?

The cryptocurrency market has failed to keep up with the expectations of traders as the world’s first cryptocurrency couldn’t rise above $40,000 bringing down Ethereum and other altcoins. This has res...

Weekly Institutional BTC Outflows Reach the Highest Level since June 2021.

While the BTC price is struggling to break above $40,000, institutional crypto investors have started accelerating outflows from Bitcoin investment products. In the recent week, $133 million worth of ...

Bitcoin to witness third market capitulation? The answer might amaze you

In light of the ongoing bear market, BTC reached a monthly low of $37,614 after breaking its near-term support level of $38,000. Blockchain data and intelligence provider, Glassnode pointed out that a...

Aloha Crypto! Hawaii Approves Task Force To Regulate Bitcoin And Web3 Technology

Hawaii is giving crypto regulation a serious focus now. Around the world, the drive for crypto regulation continues to take shape as more governments seek to establish regulatory frameworks for digita...

Bitcoin Miner Argo Blockchain Takes $70 Mln Loan For Texas Site

Bitcoin miner Argo Blockchain on Wednesday said it will take on additional debt to buy equipment for its flagship Texas facility. The miner entered a series of loan agreements with crypto-focussed len...

How today’s FOMC conference can affect your Bitcoin and altcoin holdings

Bitcoin and altcoins just concluded a bearish month in April and are currently waiting on the next catalyst. Although the markets are due for some bullish correction, investors remain cautious especia...

Pakistan Forms Committees to Decide Whether Crypto Should Be Legalized or Banned – Regulation Bitcoin News

The Pakistani government has formed three committees to decide whether to establish a legal framework for cryptocurrency or ban it. The committees will review all aspects of the cryptocurrency busines...

Bitcoin Price Analysis: BTC Could Slide Below $36K

Bitcoin price extended decline below the $37,800 zone against the US Dollar. The price is now trading below $38,500 and the 55 simple moving average (4-hours). There is a key bearish trend line formin...

MicroStrategy Is Holding Bitcoin At A $1 Bln Loss, Here’s Why

Software firm MicroStrategy recently reported a net loss for the first quarter of 2022, which appears to be driven largely by its Bitcoin holdings. The firm reported a net loss of $170 million, or $11...

Bitcoin-friendly Republican candidate JD Vance wins Ohio Senate primary

JD Vance has won the Ohio Republican Senate primary election, making him the GOP’s candidate in the highly anticipated Senate race against Democrat Tim Ryan in which both parties are trotting out cryp...

Bitcoin, Binance Coin, ApeCoin, and VeChain Daily Price Analyses – 03 May Roundup

The global crypto market had been gaining as the new influx of capital kept it afloat at an improving pace. But the situation has changed too soon as it has turned bearish. The change came during the ...

GameFi-NFT, Monopoly Millionaire Game, Will Be Pre-Released on May 25 – Press release Bitcoin News

press release PRESS RELEASE. The gaming ecosystem has been at the forefront of the NFT and other blockchain innovations’ adoption. However, despite the impact of the play-to-earn gaming model in drivi...

Bitcoin, Ethereum, and Solana Price To Start Bullish Rally By Year-End

With Bitcoin and the crypto market back in the red, the world’s largest cryptocurrency has been swept up in a broader market selloff. The largest cryptocurrency by market capitalization has lost 1.25%...

Bitcoin Seen Dropping To $32K – But Not This Month

The price of Bitcoin (BTC) has failed to break through the $40,000 barrier, indicating that confidence in the cryptocurrency market remains sluggish. BTC has been declining for more than a month. If i...

Two South Koreans Paid in Bitcoin to Spy for North Korea – Regulation Bitcoin News

South Korean law enforcement recently announced the arrest of a serving military captain and an operator of a cryptocurrency exchange on charges of spying for a North Korean hacker. In return for the ...

Bitcoin (BTC) Bulls and Bears Engage In Major Battle A Day Before the Fed Meeting

Bitcoin (BTC) market bulls and bears have been engaging in a major battle ahead of the key FOMC meeting scheduled later today, Wednesday, May 4. Amid soaring inflation, the Federal Reserve is likely t...

Bitcoin funds saw largest single week of outflows since June 2021

Institutional investors shed $133 million worth of Bitcoin (BTC) investment products last week, marking the largest week of outflows since June last year. According to the latest edition of CoinShares...

MicroStrategy Releases Q1 2022 Report, Holding 129,218 BTC

MicroStrategy released the first quarter of 2022 report on Tuesday, the company holds a total of 129,218 BTC, resulting in a $1 billion impairment. According to the company’s data, the total book valu...

Coinbase took out the first Bitcoin-backed loan from Goldman Sachs

America’s largest crypto exchange Coinbase has been revealed as the mystery firm that took out Wall Street’s first Bitcoin-backed loan from Goldman Sachs. Goldman Sachs has $2.5 trillion assets under ...

Bitcoin Price Technical Indicators Suggest Break Below $37K

Bitcoin is facing resistance near $38,200 against the US Dollar. BTC remains at a risk of more downsides unless there is a move above the $39,000 resistance. Bitcoin is facing a major resistance near ...

MicroStrategy may explore ‘future yield generation opportunities’ on 95,643 BTC holdings

Business intelligence firm MicroStrategy said it will consider opportunities for yield generation on 95,643 “unencumbered” Bitcoin (BTC) held by its subsidiary MacroStrategy. In MicroStrategy’s report...

BTC Price Falls but Unable to Break Above $39.2K

Bitcoin Consolidates Above $37.4K but Unable to Break Above $39.2K – May 3, 2022 After losing the $40,000 psychological price level, BTC/USD has remained stable above the $37,400 but unable to break a...

Will Bitcoin (BTC) Price Drop To $28k or Surge To $100k? What’s Next For BTC Price In 2022 – Coinpedia – Fintech & Cryptocurreny News Media

Bitcoin (BTC) is still holding support over $37,500, but it may experience further volatility in the next few days. At press time, the cryptocurrency was trading at around $38,000, essentially unchang...