Bitcoin price has extended its losses after the flagship currency dropped below $30,000 and this price action was seen for the first time since July 2021. The currency did recover a bit trying hard to...
Category: Bitcoin
Live Bitcoin News Updates.
Stocks of major Bitcoin mining firms tank as market downturn worsens
Following the mayhem in the cryptocurrency market recently, the shares of the five largest publicly-traded Bitcoin mining companies have dropped by more than 50 percent year-to-date, according to a ma...
Bitcoin price prepares for a sweep of $29,700 again before…
Bitcoin’s price is hovering inside a range that indicates that some sort of stability is back in the markets. However, this might not be for long as BTC is looking to sweep the lows on a macro time fr...
Bitcoin Holds above $28,000 Support as Bulls Have Temporary Bearish Break
May 12, 2022 at 10:38 // Price The price of Bitcoin (BTC) has continued its downward trend after the largest cryptocurrency lost the psychological price level of $30,000 on May 9. After 48 hours, Bitc...
Bitcoin 2022 — Will the real maximalists please stand up? – Cointelegraph Magazine
As I go about the Miami conference, I wonder, Aside from some of the conference speakers, where are these Bitcoin maximalists I keep hearing so much about? When I tell the customs official I’m going t...
Shanghai Court Declared Bitcoin As Legal Virtual Property
2 hours ago | 2 mins read Bitcoin News The property rights protection will apply to Bitcoin under Chinese law. In the previous 24 hours Bitcoin has dropped 13.48% China is one of the largest crypto ma...
BTC/USD Orbits 30000 Figure in Ongoing Rout: Sally Ho’s Technical Analysis 12 May 2022 BTC
Bitcoin (BTC/USD) remained near ten-month lows early in the Asian session as the pair orbited the 30000 figure after recently trading as low as the 29735.05 area. Stops were recently elected below s...
Most Popular NFT Collections Down by More than 20% Following Bitcoin Struggles
According to data, almost all the largest NFT collections in the market are down by a considerable margin. The crypto market has seen a massive pullback recently with Bitcoin down by more than 50% fro...
Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions – Mining Bitcoin News
Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not hel...
Crypto Pundit Peter Brandt Slams Terra (LUNA), Says The Only Trustworthy Crypto Is Bitcoin
– Advertisement – Crypto Pundit Peter Brandt Slams Terra (LUNA). The last few weeks have been hell for holders of Terra Luna as the crypto recorded successive value losses. Back in April, ...
The City of Mobile in Alabama State Launches Bitcoin Mining Project
GulfQuest Maritime Museum Board announced on Wednesday a partnership with Distributed Ledger, Inc. (DLI), a blockchain and crypto service provider, to develop sustainable Bitcoin mining in the City of...
Grayscale Holds Private Meeting With SEC Discussing Bitcoin Spot ETF Transition
Grayscale – the world’s largest Bitcoin fund – reportedly met with the Securities and Exchange Commission (SEC) in private last week. The company argued that the commission should approve its transiti...
Bitcoin (BTC) price falls below $27,000 as crypto sell-off intensifies
Bitcoin plunged further below the $30,000 mark as investors fled cryptocurrencies. Jaap Arriens | NurPhoto | Getty Images Bitcoin slumped below $27,000 Thursday for the first time in over 16 months, a...
Top Traders Say Crypto Market Is Capitulating And Bitcoin May Find Bottom At $27K
– Advertisement – Peter Brandt says $27,000 may be Bitcoin’s local bottom; however, he thinks the asset class may dip further. Bitcoin (BTC), the world’s largest cryptocurrency by market ...
Trader Who Accurately Called Bitcoin Collapse Below $30,000 Unveils Target Price for BTC Amid Crypto Free Fall
A crypto strategist and trader who has long predicted a massive Bitcoin crash below $30,000 is revealing how low he believes BTC will go. The pseudonymous crypto analyst Capo tells his 289,400 Twitter...
$1 Trillion Crypto Meltdown—Huge Crash Wipes Out The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Solana, Terra’s Luna And Avalanche
Bitcoin and cryptocurrencies have crashed further overnight, dropping to levels not seen since the crypto market began surging in late 2020 and wiping away almost $1 trillion worth of value in a month...
Masterminds Behind South African Bitcoin Ponzi Scheme Told to Pay Back Over $291 Million – Regulation Bitcoin News
Masterminds of one of South Africa’s biggest bitcoin Ponzi schemes, Mirror Trading International (MTI), have been asked by the scheme’s liquidators to pay back over $291 million to cover the scam oper...
Bitcoin’s Profitability at Lowest Point in 2 Years
Arman Shirinyan Bitcoin’s profitability is no longer extremely high compared to other assets The profitability of almost any cryptocurrency in 2021 was at the top as currencies like Shiba Inu, E...
UST’s Bitcoin Reserve Too Late in Coming to Save Dollar Peg
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Luna Foundation Guard (LFG)’s proposed cry...
Nubank, the leading digital bank, introduces BTC and ETH
Nubank, Brazil’s leading digital bank by market cap, said on Wednesday that users would be able to trade bitcoin (BTC) and ether (ETH) on its network. To show its confidence in bitcoin, Nu Holdings, t...
Germany Won’t Tax Bitcoin, Ethereum Sold After One Year of Possession
Germany’s federal finance ministry (BMF) issued the country’s first guidance on the income tax treatment of cryptocurrencies, as well as other blockchain-based tokens. The 24-page document issue...
Bitcoin (BTC) Slips To Near $28K In Minutes After U.S. Inflation
Bitcoin (BTC) sank below $30,000 on Wednesday, minutes after data showed U.S. inflation was higher than expected in April. BTC dropped over 6% from intraday highs, and fell as low as $29,100. Other ma...
Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI – Exchanges Bitcoin News
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank o...
Bitcoin Breaks $30K, Why This Could Turn Into Larger Downtrend
Bitcoin failed to recover above $32,000 against the US Dollar. BTC is gaining bearish momentum and trading below the key $30,000 support zone. Bitcoin started a fresh decline and traded below the key ...
Bitcoin at 16-Month Low as UST Collapse Shows Risks of ‘Algo’ Stablecoins
Bitcoin, the largest cryptocurrency by market capitalization, was recently trading at $28,500, down about 7%, although it fared better than most other major cryptos, underscoring its status as a less ...
Jack Henry Customers Now Have Bitcoin Access Following a Partnership With NYDIG
A partnership deal between Jack Henry & Associates and New York Digital Investment Group (NYDIG) will enable community financial institutions to offer bitcoin services following increased interest...
Terra ‘rescue plan’ still at large as LUNA falls below $5, Bitcoin spikes to ‘$138K’ in UST
Panic appeared to set in on crypto markets overnight on May 11 as Blockchain protocol Terra failed to steady its bleeding crypto assets. Data from Cointelegraph Markets Pro and TradingView showed both...
Terra UST Declines 88% in 5 Weeks as LUNA Foundation Liquidates Entire $BTC Holdings
Tomiwabold Olajide Embattled cryptocurrency is now down a staggering 96.49% from its all-time high of $119 reached on April 5 Terra’s LUNA continued its free fall on May 11, shedding 88% in five...
8.3% U.S Inflation CPI Causes Panic Among Investors, Bitcoin Drops Further
2 hours ago | 2 mins read Editors News With Bitcoin’s price falling, miners may be in for a rough ride as well. After the readings, other major cryptocurrencies also went negative for the day. Minutes...
Bitcoin, Ethereum, Shiba Inu, and Polygon MATIC Daily Price Analyses – 11 May Roundup
The global crypto market hasn’t performed well over the last 24 hours, as the indicators suggest a crash. Most of the coins, including Bitcoin, have entered a red zone as their value has depreciated t...
President Bukele Shows Plans of Proposed Ambitious Bitcoin City
President Nayib Bukele of El Salvador has unveiled development plans for the country’s planned Bitcoin City shortly after the nation made its latest BTC purchase. Bukele Moving Ahead With Bitcoin City...