Bitcoin seems attached to the 40k mark of late. But as bulls wonder when they can restart their run to a new all-time high, we need to pull back the curtain to understand what’s going on in the king c...
Category: Bitcoin
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Brace For Impact: Bitcoin Open Interest Once Again Climbs To High Values
On-chain data shows the Bitcoin open interest has once again risen to high values, suggesting that a liquidation squeeze may be near for the crypto. Bitcoin Open Interest Has Climbed To High Values Re...
BTC, ETH, AVAX, ADA, SOL Hold Above Key Prices As Crypto Market Nears $2 Trillion — Strong Week Ahead? ⋆ ZyCrypto
Advertisement     Most cryptocurrencies kicked off the week on an uneventful note albeit rallying for the whole of last week amidst mixed reactions towards geopolitica...
Bitcoin a Starting Point for Developing Central Bank Digital Currency, Says Big Four Firm Deloitte
One of the biggest accounting firms in the world says that the underlying technology behind Bitcoin (BTC) is a good starting point for developing an efficient central bank digital currency (CBDC). Acc...
Goldman Sachs Executes Bank’s First OTC Crypto Transaction Trading a Bitcoin Non-Deliverable Option – Finance Bitcoin News
On Monday, the multinational investment bank and financial services company Goldman Sachs disclosed it has conducted an over-the-counter (OTC) crypto transaction with the digital currency firm Galaxy ...
Hubspot Hacked again! Threatened BlockFi and Swan Bitcoin this time
A recent data breach reported in a customer relationship management (CRM) tool, Hubspot, turns out in data breach of BlockFi and Swan Bitcoin In February, Panthera Capital, a well known venture capita...
Prince Philip of Serbia says “only way around inflation is Bitcoin”
A few days ago, Prince Phillip of Serbia was the guest of the Serbian TV talk show host Ivan Ivanović. During his interview, he spoke fondly of Bitcoin and said it was the ultimate solution to inflati...
Bitcoin (BTC/USD) Market Holds Below $42,500
Bitcoin Price Prediction – March 21The recent efforts in the BTC/USD trade upsurges have led the price to encounter resistance above the $40,000 psychological level. The crypto-economic market holds b...
Here’s why stablecoins and not Bitcoin is the new ‘safe haven’
Stablecoins appear to have done very well in an otherwise turbulent year for most mainstream cryptocurrencies. While most cryptocurrencies have rebounded from their deficits, stablecoins maintained th...
Bitcoin Hits Milestone, Goldman Sachs Announces Cash OTC
Per a report from CNBC, banking giant Goldman Sachs has become the first U.S. bank to complete a cash-settled Bitcoin over-the-counter (OTC) transaction. The financial institution will officially anno...
Exchanges See Billions In Bitcoin leave As BTC Maintains Above $40,000
Bitcoin’s stint above $40,000 continues as the market ushers in another week of trading. The weekend had been a rollercoaster for investors but prices have since started to level out. With the break a...
Bitcoin price analysis: BTC looks to retrace further, drop to $40,000 next?
TL;DR Breakdown Bitcoin price analysis is bearish today. More downside was seen yesterday. BTC/USD failed to recover. Bitcoin price analysis is bearish today as we have seen more downside tested and f...
Rollout of El Salvador’s Bitcoin Bonds Facing Legislative Delays: Report
The rollout of El Salvador’s Bitcoin (BTC) bonds is reportedly facing legislative delays that could hold back the issuance of the BTC-backed instrument. According to a new report by local publication ...
Government of Malaysia proposes Bitcoin, crypto as legal tender
The Communications and Multimedia Ministry of Malaysia proposed today that digital currencies such as bitcoin (BTC) should be adopted as legal tender to help the younger generation who are active user...
Bitcoin’s Network Activity Is Soaring. What Comes Next?
Key Takeaways Bitcoin has risen by nearly 13% over the past week. A spike in network growth and open interest point to further gains. Breaching the $42,100 resistance level would validate the optimis...
Will Malaysia legalize Bitcoin? – The Cryptonomist
Malaysia’s Deputy Minister for Communications, Datuk Zahidi Zainul Abidin, today expressed his desire for Bitcoin and cryptocurrencies to be legalized in the country. He did so in Parliament, in resp...
Bitcoin (BTC) Price May Drop below $40k Again! Here’ Why?
The cryptosphere continues to hold fear and anxiety, as traders and investors remain dubious around the market trends. Wherefore, the fear and greed index’s needle still bogs down to fear at a score o...
BTC/USD Elects Technical Stops on Fade Lower: Sally Ho’s Technical Analysis 22 March 2022 BTC
Bitcoin (BTC/USD) ceded some recent gains early in the Asian session as the pair remained pressured below the 41500 level following a recent spike lower that was slowed at the 40509 area, representing...
Second Largest Crypto Network Records 2 Million Ethereum Destroyed in 7 Months – Bitcoin News
This week, the Ethereum network’s burn rate reached a milestone by surpassing 2 million ethereum burned worth $5.81 billion since August 5, 2021. Metrics show the crypto network has a 24-hour burn rat...
Lugano and El Salvador Lead Bitcoin Adoption, Others to Follow?
Earlier this month, Swiss city Lugano accepted Bitcoin as legal tender in the region. The authorities also encouraged local businesses to accept crypto payments in everyday transactions. While Lugano’...
ETH Stays Above $2,900 as Traders Eye $3,000 Ceiling – Market Updates Bitcoin News
Ethereum remained above $2,900 to start the week, as the world’s second largest cryptocurrency consolidated its recent gains. Bitcoin was also consolidating, as it continued to trade above $41,000 dur...
Bitcoin, Ethereum, Dash, and Chiliz Daily Price Analyses – 21 March Morning Price Prediction
TL;DR Breakdown The global crypto market regains momentum, adding 076% over the last 24 hours. Bitcoin was able to reduce the sell-offs, lowering losses to 0.37%. Ethereum performs better, adding 1.73...
Honduras May Recognize Bitcoin as Legal Tender within Hours
According to the unconfirmed sources, Honduras may officially adopt Bitcoin by giving it a legal tender status. Honduras President, Xiomara Castro may make the announcement within hours. Q4 2021 volum...
Serious Bitcoin And Crypto Hack Warning As Apecoin Price Plummets
The following is an excerpt from the daily CryptoCodex email newsletter. Sign up now for free here In on the ground floor ? While cryptocurrency prices aren’t rising, they’re not falling e...
Terra Founder Hints at $3 Billion BTC Purchase, Explains New Bitcoin-Linked Tokenomics – Bitcoin News
Terra founder Do Kwon hinted at a future purchase of $3 billion worth of bitcoin to supply the reserves of the protocol in a recent Twitter Space shared with bitcoin enthusiast Udi Wertheimer. In the ...
Malaysian Ministry Says Bitcoin Is the Future of Finance, Calls for Legalization
The country’s deputy minister of communications and multimedia believes that crypto is the “future of finance.” Malaysia’s Ministry of Communication and Multimedia, through its deputy, Datuk Zahidi Za...
Investing severance package in Bitcoin
In some states, it is possible to accumulate the amount of severance pay in Bitcoin. This is possible in particular for those who use specific private services for the custody of the severance pay, w...
Crypto Analyst Says Hidden Signal in Bitcoin Chart Will Push BTC to All-Time Highs As Bears Get Left Behind
A popular crypto strategist says that an overlooked signal in Bitcoin’s longer-term chart is hinting that a new leg of the bull market will take BTC to fresh all-time highs. The pseudonymous trader kn...
10 Reasons to Invest in Bitcoin
Even when you hear anyone talking about crypto that isn’t very familiar with it, you’ll listen to Bitcoin being included in the conversation. This is because Bitcoin started the crypto world in Januar...
Bitcoin Price Prediction: A Breakout Above The Descending Trend line Looks For Another 20% Upside
Bitcoin price prints modest gains as the fresh trading week begin. BTC/USD hovers in a very tight range with no meaningful traction. However, the Bitcoin price holds vital support at the 50-day, which...