The performance of the global crypto market has seen no improvement in the value as the losses for its increase in value. The mainstay for the market, i.e., Bitcoin, hasn’t improved in value as its lo...
Category: Bitcoin
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Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy – Bitcoin News
During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as Terra’s native digital ass...
Crypto Market Decline Underlines Its Unpredictability; Bitcoin Holds at $31K
In emailed comments, Jaime Baeza, CEO of Miami-based crypto hedge fund ANB Investments, noted the pressure of macroeconomic events, including inflation and a tightening of central bank monetary policy...
U.S.-based Bentley University greenlights tuition payments in Bitcoin
Despite the cryptocurrency market currently going through a bearish decline, the adoption of digital assets around the world is growing as governments and institutions become open to their use – inclu...
Bitcoin (BTC) Consolidates Slightly Above $30,000 After Steep Fall
Bitcoin (BTC) has increased slightly since its May 10 fall below $30,000 and has created its first short-term higher low. Bitcoin had been increasing inside an ascending parallel channel since Jan. 21...
$1.27 Billion Worth Of Bitcoins Has Been Moved To Exchanges! What’s Next For BTC Price
As the Federal Reserve started its move towards increasing the interest rates due to spiked inflation, it affected the US stock market along with the Crypto market. This led the first cryptocurrency, ...
Bitcoin Returning to Exchanges Record the Fastest Rate in 16 Months
The selling pressure witnessed in the Bitcoin (BTC) market that drove the price to lows of $29K happened as high supply returned to crypto exchanges. Market insight provider Santiment explained: ...
ETH Bounces Back, up 2%, While BTC Climbs Above $30,000 – Market Updates Bitcoin News
Following a fall below $30,000 on Tuesday, BTC marginally rebounded, as prices began to consolidate above support. ETH was also higher in today’s hump-day session, climbing above $2,400 in the process...
Bitcoin Cash’s Downtrend Subsides as It Struggles to Regain Bullish Momentum
May 11, 2022 at 12:19 // News The price of Bitcoin Cash (BCH) is in a downtrend after falling past the previous lows of January 2022. Currently, it has fallen to the low of $210 and has recovered. The...
In-profit Bitcoin addresses plummet to 2-year low as crypto market bleeds
With the cryptocurrency market continuing to decline in a bearish trend as most prominent digital currencies record plummeting prices, holders of its largest asset by market capitalization – Bitcoin (...
Retail Investors Holding Atleast 0.01 Bitcoin (BTC) Reaches All-time High
4 hours ago | 2 mins read Editors News Dropping to $29,944, bitcoin’s price went below the $30k support. A growing number of institutions and individuals are putting money into bitcoin. There are now ...
Bitcoin Drops Below $30,000 – Trustnodes
After somewhat recovering to $32,000, bitcoin has dived again to just above $29,000 with the currency losing another 10% today. That’s while European stocks are somewhat up by generally 0.5%, while US...
Bitcoin Struggles at $30K as Crypto Market Cap Plummets to 10-Month Lows (Market Watch)
The past 24 hours brought more pain to the cryptocurrency market, with bitcoin barely managing to remain above $30,000. Most altcoins are in much worse shape, but none has lost more value than Terra i...
New Data Signals Institutional Players Are Offloading Bitcoin
Institutional investors are reportedly contributing largely to selling pressures on the negative price premium. Negative trading pressures from institutional investors Compared to retail investors, in...
Putin Obliges Election Candidates to Report Crypto Holdings Outside Russia – Regulation Bitcoin News
President Vladimir Putin has approved amendments to his own decree requiring Russian citizens running for office to declare their property abroad. The updated regulation lists cryptocurrencies among t...
Bitcoin Is Down, but You Don’t Have to Be
But there are now big, big, big players in crypto. These are individuals or institutions that have “size,” or an amount of capital that can move markets or cause slippage depending on how they play. A...
Survey Shows 3,000 BTC ATMs Installed in 2022, Averaging 22 For Each Day – crypto.news
Data drawn from Coin ATM Radar Map shows the total Bitcoin ATMs on January 1 settled at 34,340. However, there are currently about 3,000 more since then, as new record stands at 37,338 Bitcoin ATMs at...
Bitcoin Whales Hits 18 Month Low, While Number Of BTC Exchange Inflows Reaches 6-month High
– Advertisement – Bitcoin numbers are not impressive at all. The crypto market has been having it rough of late, and even the largest coin, Bitcoin, hasn’t been spared. The wrath of the b...
Assets favoring long BTC still far outweigh short BTC products, but problem is…
The cryptocurrency market has witnessed a massive sell-off this week. Over $3.15 billion in the value passed in or out of exchanges, with a net bias towards inflows, which accounted for $1.60 billion ...
Bitcoin Is Being Pummeled – Will Tesla And MicroStrategy Sell Their BTC?
The Bitcoin market has been extremely volatile and leaning towards dips that left many traders and investors on panic mode. Companies like Tesla and MicroStrategy are experiencing the same dilemma wit...
LUNA, UST Move Closer to Zero, as Do Kwon Asks Holders to ‘Stay Strong’ – Markets and Prices Bitcoin News
Do Kwon has urged holders of LUNA to “stay strong,” as the price moves ever closer to zero. Following the UST stablecoin losing parity with USD, prices have plunged, falling to a new low this morning....
BAYC NFT Sinks Down Worse Than BTC
2 hours ago | 2 mins read NFT News Bored Ape Yacht Club NFT sinks deep down. Plunges worse than BTC. Falls down to 86 ETH from 153 ETH. The crypto market crash now turns into a crisis, with the condi...
Crypto Exchanges Offer ‘Paper Bitcoin’ Claims Market Analyst
A market analyst has claimed that bitcoins held on exchanges are nothing more than “paper bitcoin” that depresses the price of BTC. Rufas Kamau of Scope Markets Kenya made the statement in a Twitter t...
El Salvador and the “buy the dip” for 500 Bitcoin under $30K
The President of El Salvador, Nayib Bukele, announced that the country bought 500 Bitcoin at a price of $30,744 each, executing the famous “buy the dip”. It is unfortunate that the attitude of the cit...
MSTR and Tesla Near BTC loss! How are Institutions Dealing With Crypto Crash?
Every investor is concerned about the crashing cryptocurrency market. The largest Bitcoin (BTC) holding institutions have experienced the same thing. In the midst of the crash, public companies like M...
R. Kiyosaki asserts ‘Bitcoin is in a bear market’ but so are stocks and bonds
As the bearish streak for the entire cryptocurrency market along with its major assets, such as Bitcoin (BTC) and Ethereum (ETH) continues, a lot of the market participants are starting to wonder abou...
Mexican Crypto Exchange Bitso Launches Stable Yield Program – Exchanges Bitcoin News
Bitso, a Mexico-based cryptocurrency exchange, is expanding its range of crypto investing options. The company has announced it will now allow customers to earn funds just by holding bitcoin or stable...
Go green or die? Bitcoin miners aim for carbon neutrality by mining near data centers
Bitcoin (BTC) mining has always been a controversial topic. But, Bitcoin’s proof-of-work (PoW) model has reached new levels of concern as senior decision-makers and investors pay closer attention to e...
BEAC states its opposition to Bitcoin
BEAC, the Central Bank of Central Africa, criticizes in a letter the Central African Republic’s decision to make Bitcoin legal tender. According to BEAC, the Central African Republic made a mistake wi...
Billionaire Mike Novogratz Warns Bitcoin and Crypto Carnage Far From Over
Galaxy Digital CEO and billionaire Mike Novogratz says he doesn’t think the crypto markets will bounce back any time soon. In the 2022 Galaxy Digital Q1 investor call, the CEO of the investment manage...
Bitcoin Miner CleanSpark Announces Second Quarter 2022 Financial Results, Beating Analyst Expectations
CleanSpark announced financial results for the second quarter of 2022, with total revenue for the quarter quadrupling year-on-year to $33.5 million and adjusted earnings before interest, taxes, deprec...
Going ‘To Zero’—Panic Is Sweeping Crypto Markets, Hitting The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Solana, Terra’s Luna And Avalanche
Bitcoin BTC and cryptocurrency markets have fallen sharply after the controversial algorithmic stablecoin TerraUSD (UST) dropped further from its dollar peg (following a serious “ripple” w...