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 &nbsp &nbsp 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...

Bitcoin (BTC) Price Dips Significantly As Crypto Market Losses $400 Million; Here’s Why

Bitcoin, the largest cryptocurrency by market cap, has continued to correlate with other high-risk assets. The big bull took a sharp nose dive on the 5th of May, and up until press time, Bitcoin (BTC)...

$1.7 Billion in NFT Sales Fueled by Otherdeed Trades — NFT Volume Jumps 74% Higher Than Last Week – Bitcoin News

With the help of the Bored Ape Yacht Club’s Otherside land sale, non-fungible token (NFT) sales have increased a great deal this week. NFT sales increased 74.77% during the last seven days, capturing ...

Bitcoin Tumbles Below $36K, Altcoins In Red Too

The crypto market has turned red even after the latest FOMC meeting. Bitcoin inches towards the $35,511 mark, and altcoins are getting a beating too. Bitcoin responded to the Federal Reserve’s 50 basi...

SEC approves Valkyrie’s Bitcoin futures ETF

The United States Securities and Exchange Commission (SEC) has given the green light to Valkyrie’s futures exchange-traded fund (ETF) application. This represents another ETF that has been approved by...

Central Bank Of El Salvador Approves Qredo’s Registration As A BTC Service Provider

Qredo, a decentralized finance firm, has received the approval of registration as a Bitcoin(BTC) service provider in El Salvador. Qredo announced that El Salvador’s Central Reserve Bank accepted the r...

Over 1.1 Million Active Addresses Recorded on the Bitcoin Network in 24 Hours Amid BTC Correction

– Advertisement – The number of activities on the Bitcoin network yesterday increased tremendously following the mid-sized correction that occurred in the cryptocurrency market yesterday. ...

In Q1 2022, Block Generated $1.73 billion In Bitcoin Sales via Cash App: Reason Behind Yearly Drop

Block reported a Bitcoin sale of $1.73 billion via Cash App during the first quarter of 2022 on Thursday.  During the same period, the firm also generated around $43 million worth of sales in Bitcoin ...

IMF Concerned About Central African Republic’s Decision To Adopt Bitcoin (BTC) As Legal Tender: Report

The International Monetary Fund (IMF) is concerned about the Central African Republic’s recent decision to adopt Bitcoin (BTC) as legal tender. The IMF tells Bloomberg in a new email that the decision...

Argo’s Texas ‘flagship’ bitcoin mining facility has been energized

Bitcoin miner Argo announced its new “flagship” facility in Dickens County, Texas has been energized and will start mining bitcoin next week. The company is holding an inauguration ceremon...

BTC Falls to 2-Month Low Following the Latest NFP Report   – Market Updates Bitcoin News

Bitcoin fell to its lowest level in over two months, as Friday’s non-farm payrolls report showed an addition of 428,000. It was expected that last month’s payrolls would show an increase of 391,000 jo...

‘Someone is blowing up’ — Bitcoin sees 2022 volume record amid hopes capitulation is over

Bitcoin (BTC) dipping below $36,000 “smells like capitulation,” one trader says as suspicion mounts over United States stock markets. In a tweet on May 6, Cointelegraph contributor Michaël van de Popp...

List of Top 100 Cryptocurrencies With the Highest 24 Hours Price Decline than Bitcoin’s 9.1% 

– Advertisement – Some cryptocurrencies in the top 100 rankings have suffered more losses than Bitcoin and Ethereum in the last 24 hours.  Cryptocurrency investors were dealt a heavy blow ...

Bitcoin’s net exchange flows signal trouble is brewing

On-chain data analysis firm Glassnode today tweeted a chart of the 7-day moving average of exchange addresses receiving Bitcoin. It showed a one-month high of addresses receiving BTC at 1,889,792. Sus...