Bitcoin (BTC) has held above its $37,000 support level over the past 24 hours, albeit within a tight trading range and with low volume. Still, later this week, an executive order by U.S. President Bid...
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Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions – Bitcoin News
A popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one...
Bitcoin Slips Back To 38k, Further Downside Incoming?
Bitcoin slide to $37,000 on March 7 sparked some purchasing interest, resulting in a price bounce to $39,000 on March 8. Surprisingly, the upward sloping trendline that served as an accumulation zone ...
Bitcoin Records Its Largest Weekly Inflow Since December 2021
A recent report from digital asset manager CoinShares showed a massive increase in crypto investment products for last week. The inflow hit $127 million, reaching its highest level since December last...
What risk-on asset Bitcoin should expect before smart money arrives
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In November 2021, news came out that the U.S Consumer Price Index ...
FinCEN Issues ‘Red Flags’ on Potential Sanctions Evasion Using Cryptocurrency – Regulation Bitcoin News
The Financial Crimes Enforcement Network (FinCEN) has issued an advisory on Russian efforts to evade sanctions that includes a number of crypto-related red flags. However, the bureau admitted that it ...
Analyst Compares Bitcoin’s Price Action to Nasdaq in Early 2000s, Says BTC Correction Below $30,000 in Sight
A closely followed crypto strategist says Bitcoin’s (BTC) market structure over the last three years is reminiscent of Nasdaq’s price action during the early 2000s. In a new strategy session, pseudony...
BTC/USD Stabilizes Above $38,000 Level
Bitcoin Price Prediction – March 8 The Bitcoin price prediction shows that BTC is trading at $38,727 but the coin seems to be preparing for another upward movement. BTC/USD Long-term Trend: Ranging (D...
Bitcoin, Ethereum, Cardano and XRP Witness Rise in Institutional Capital Flows During Geopolitical Tensions
A leading digital assets manager says geopolitical risks are not keeping institutional crypto investors from adding to their positions in North America. In its latest Digital Asset Fund Flows Weekly r...
Lugano, Switzerland Declares BTC Legal Tender
A city in Switzerland called Lugano is taking a page right out of El Salvador’s book. The region has announced that it will make bitcoin legal tender. In other words, bitcoin can be used just like fia...
Cointelli Makes It Easy to Report Coinbase, Binance, and Kraken Transactions to the IRS – Sponsored Bitcoin News
sponsored Many crypto exchanges send tax forms to the IRS, each with their own list of supported tokens and info that doesn’t necessarily match up. This can create a lot of confusion for U.S. taxpayer...
Bitcoin’s sub-$40K range trading and mixed data reflect traders’ uncertainty
The phrase “hindsight is 20/20” is a perfect expression for financial markets because every price chart pattern and analysis is obvious after the movement has occurred. For example, traders playing th...
Californian Bitcoiners Ready To Rewrite Constitution To Make Bitcoin Tender Legal
Bitcoin Investors of California are fighting to accept cryptocurrencies as legal tender; they are even ready to go against the constitution of the US. Jordan Cunningham, a representative of the Repub...
Legendary investor Jim Rogers sees the end of US dollar as a neutral currency and regrets not having bought bitcoin
Billionaire investor Jim Rogers believes that the US dollar is now no longer viewed as “neutral”, and that Washington has “changed the rules”. He is still worried that governments might ban cryptocurr...
Bitcoin Will Benefit from New Monetary World Order, Predicts Credit Suisse
Credit Suisse – a Switzerland-based global investment bank – released a report yesterday predicting radical change to the global monetary system. Given western inflation dynamics and eastern geopoliti...
Ethereum Fees Sink to Lowest Rate in 7 Months, Most L2 Fees Under $1 per Transfer – Altcoins Bitcoin News
Ethereum fees have continued to slide week after week and are now at the lowest value in seven months. On Tuesday, March 8, the average layer one (L1) Ethereum gas fee is 0.0042 ether or $10.89 per tr...
Bitcoin (BTC) Showing Early Signs of a Rebound, Says Top Crypto Trader
Bitcoin is signaling that it’s ready to revive itself from a multi-month downtrend and form the beginnings of a fresh bull run, according to a closely followed crypto trader and analyst. The pseudonym...
Bitcoin Mining Company Blockmetrix Closed a $43 Million Funding Round
Dallas-based cryptocurrency mining organization – Blockmetrix – disclosed it had raised $43 million in a Series B investment round. Thus, the company’s total venture funding reached $50 million. Block...
Binance’s Bitcoin Dominance Sharply Rises, Now Holds 22.6% Of Total Exchange Supply
On-chain data suggests Binance has seen some sharp growth in its Bitcoin dominance over the past couple of years, leading to the crypto exchange now holding more than 22% of the total reserve. Binance...
‘100x Lower Than L1 Fees’ — Alchemy Integrates Ethereum L2 Product Starknet to Increase Web3 Scalability – Defi Bitcoin News
According to the startup Starkware, the team’s Ethereum layer two (L2) service Starknet has been integrated by the blockchain API and node service Alchemy. Developers can now leverage Alchemy’s infras...
Bitcoin Exchange Reserve Has Now Reached An Equilibrium After 2 Years Of Downtrend
On-chain data shows the percentage of Bitcoin supply on exchanges seems to have plateaued over the past few months, ending an overall downtrend that lasted about two years. Bitcoin Exchange Reserve St...
Bitcoin funded pets hospital Chivo is thriving in El Salvador
Bitcoin infused pets hospital named Chivo is present in El Salvador Social and welfare infrastructure is driving change in the country Each service costs $0.25 which is a flat rate in the hospital C...
Bitcoin: ‘Tired’ LTHs and what that says about a possible capitulation
As Bitcoin headed into 2022, a growing cohort of long-term investors doubled down on their stashes of cryptocurrency. Some industry watchers point to the underlying stability of such long-term investm...
Can Texas Withstand Its Growing BTC Mining Sector?
Texas has become the go-to state for those looking to mine bitcoin and cryptocurrencies. Several miners who were shut out of their native China have gone to places like Texas to set up new shops and t...
Price of Gold Spikes Over $2,060 per Ounce While Risk Assets Continue to Capitulate – Markets and Prices Bitcoin News
On Tuesday, the price of gold soared to new heights as an ounce of the precious metal surpassed $2K per ounce during the early morning trading sessions (EST). Hours later, gold tapped a high of $2,064...
BTC/USD Bears Remain in Control: Sally Ho’s Technical Analysis 9 March 2022 BTC
Bitcoin (BTC/USD) attempted to sustain a small bounce higher early in the Asian session as the pair briefly traded above the 39556.58 level before plumbing lower to the 37161.88 area, with the new mul...
Bitcoin price analysis: BTC retraces to $39,000, further downside incoming?
TL;DR Breakdown Bitcoin price analysis is bearish today. BTC/USD tested $37,000 late yesterday. Another lower high is currently set. Bitcoin price analysis is bearish today as we expect more downside ...
ANC Falls 14%, as ZEC Leads Tuesday Gainers – Market Updates Bitcoin News
After climbing by nearly 100% last week, ANC was once again lower on Tuesday, as bears continue to ravage prices. This comes as ZEC evaded today’s market uncertainty, and rose by as much as 16% during...
Bitcoin, Ethereum, Iota, and Zcash Daily Price Analyses – 8 March Morning Price Prediction
TL;DR Breakdown The global crypto market sheds 1.03% in the last 24 hours. Bitcoin changes direction after making gains as it sheds 1.05% in 24 hours. Ethereum continues to be bearish, shedding 2.03% ...
Bitcoin inflows negative across all exchanges
Since late July, most exchanges have seen more outflows than inflows. Those exclude Binance, FTX, Bittrex, and Bitfinex. According to Glassnode, the sellers may be fatigued. Bitcoin inflows have been ...