After breaking down from a 32-day support area, Bitcoin (BTC) proceeded to reach a low of $41,000 on Jan 7 and is testing a horizontal support. BTC has been moving downwards since Dec 27, 2021. The di...
Category: Bitcoin
Live Bitcoin News Updates.
World’s 2nd biggest mining hub shuts down – Bitcoin doesn’t skip a beat
Chaos erupted in Kazakhstan this week and bitcoin mining was shut down as protests over fuel prices have sparked widespread unrest across the country. Kazakhstan, the Central Asian country of around 2...
Bitcoin Risks Plunging Below $40k Following Fed’s Plan To Raise Interest Rates ⋆ ZyCrypto
Advertisement     Bitcoin trades at $41,884 to the consternation of investors. The Fed’s proposed hike in interest rates plays a key role in the asset’s slump. Altcoin...
President Nayib Bukele Responds to Popular Economist’s Critique of His Proposed Bitcoin City
El Salvador President Nayib Bukele has replied popular U.S-born Economist Steve Hanke for his recent comments about Salvador’s proposed Bitcoin City. President Nayib Bukele Mocks Popular U.S Critic On...
Pantera’s Bitcoin Feeder Fund reaches $63.7 million in funding
advertisement Pantera Capital, an American hedge fund that manages over $6.4 billion in blockchain-related assets, has now reached $63.7 million in funding from 153 investors for its Bitcoin Feeder Fu...
Investment Banking Giant Goldman Sachs Says $100,000 Bitcoin Price Is Possible Under These Conditions ⋆ ZyCrypto
Advertisement     Goldman Sachs foresees Bitcoin reaching the $100K mark that has eluded it since the end of 2021. Bitcoin has underperformed since the start of 2022 a...
Steve Hanke pokes at President Nayib Bukele for gambling in Bitcoin, while El Salvador’s debt rises
Bitcoin’s price falling as much as it has in the past few days is putting pressure on El Salvador. El Salvador’s dollar-denominated bonds have been falling in free fall for the past few months. The co...
Shiba Inu and Dogecoin Competitor Surges 122% in Just One Week, Shatters $650,000,000 Market Cap Amid Bitcoin and Crypto Pullback
A new dog-themed crypto asset with a staggering total supply is surging despite a widespread crypto market pullback. Baby Doge Coin (BABYDOGE), jokingly referred to as the “son” of Dogecoin (DOGE), sa...
Mozilla ‘Pauses the Ability to Donate Crypto’ After Complaints and ‘Environmental Impact’ Considerations – Bitcoin News
On December 31, the software community founded in 1998, Mozilla, announced it was accepting crypto-asset donations via Bitpay. However, shortly after the announcement, a number of people complained ab...
Bitcoin sinks to 14 week low, but some analysts say $100,000 in 2022 is still on
Following Wednesday’s downturn in Bitcoin, a continuation of selling dipped the price as low as $41,000 today. Marking a 14-week low for the leading cryptocurrency. But as far as drawdowns go, this di...
Why Bitcoin Is Having Such a Brutal Week
In brief The price of BTC has dropped over 11% in a week. Volumes were down the week after Christmas. In the days leading up to December 25, Bitcoin price prophets got an early Christmas present: BTC ...
Cantaloupe Survey states 67% of users want to use Bitcoin for Payments
For instance, the cryptocurrencies, like Bitcoin, were meant for transactions initially. But later, as the digital currency got popular, people saw great potential in it, and it could be used as a hed...
This Year Could Be a Little Rocky for Bitcoin, According to Morgan Creek’s Mark Yusko – Here’s Why
The founder and chief investment officer of Morgan Creek Capital Management Mark Yusko is predicting a bumpy ride for Bitcoin (BTC) in 2022. In a new Fox Business interview, Yusko says that the price ...
US Congress Set To Have An Oversight Hearing On The Environmental Impact Of Bitcoin Mining ⋆ ZyCrypto
Advertisement     Congress may hold hearings on the environmental effects of Bitcoin mining soon. This happens amid concerns about developments in New York. Energy us...
Human Rights Foundation (HRF) funded 425m SATs for Bitcoin Network Development
HRF was vocal about support for the concept of Bitcoin Network from always Gifts have been provided to developers of crypto projects and educators of crypto education 425 Million Sats have been gifted...
Here’s How Much Resistance Bitcoin Needs to Break to Reach $47,000 Again
Contents Source of selling pressure Support zones According to data provided by IntoTheBlock, Bitcoin’s drop below the $42,000 zone will open a direct path to $37,000 due to the absence of stron...
Retail traders chase BTC bottom despite indecisive market conditions | Trading Ideas| OKEx Academy
Retail traders have continued to long BTC during the recent price drop, despite no signs of trend reversal In the last edition of Futures Friday, we highlighted Bitcoin’s rally ahead of Christmas as a...
Half A Billion Dollars In Liquidations As Bitcoin Traders Prepare For The Worst ⋆ ZyCrypto
Advertisement     Cryptocurrencies continue to face a turbulent week after Bitcoin dipped below $43,000 on Thursday, further worsening a situation that has been at pla...
Bitcoin Fear And Greed Index Has Dipped To Lows Not Seen Since July
Following the Bitcoin crash to $42k, the fear and greed index has declined to extreme fear values not seen since July of last year. Bitcoin Fear And Greed Index Points At “Extreme Fear” As pointed out...
Spanish Lawmaker Proposes Turning Spain Into Bitcoin Mining Hub
Alex Dovbnya A lawmaker from a center-right party wants Spain to lure miners from protest-stricken Kazakhstan Maria Munoz, a member of the Congress of Deputies from the center-right Citizens party, ha...
Cathie Wood bought these three crypto stocks amidst BTC sell-off
Bitcoin fell to a low of $41,000 on Friday after the U.S. Federal Reserve hinted at the possibility that it will start raising rates sooner than previously indicated. Amidst the sell-off, billionaire ...
Will Bitcoin Price Crash To $30K? What Traders Can Expect This Weekend?
The crypto market has been correcting heavily on the charts. As a result, the prices of digital assets have been slashing down aggressively. Wherein the star crypto Bitcoin has lost hold of its $42,00...
BTC/USD Given from 43594 Level: Sally Ho’s Technical Analysis 8 January 2021 BTC
Bitcoin (BTC/USD) extended its recent weakness early in today’s Asian session as the pair weakened to the 40571.53 figure following recent strong selling pressure that intensified late last year, resu...
Matt Hougan: The Government Won’t Harm Bitcoin
Matt Hougan – the CIO of Bitwise Asset Management – has stated in an interview that the U.S. government is likely seeing bitcoin as a threat to the dollar, which may be why they’re so eager to regulat...
Mike Novogratz says BTC might bottom at $38,000 or $40,000
Galaxy Digital founder Mike Novogratz has adjusted his Bitcoin (BTC/USD) prediction for the short-term, saying the flagship crypto could bottom out at either $38,000.00 (£28,065.85) or $40,000.00 (£29...
Why Bitcoin Could Frustrate Bulls And Bears In 2022
Bitcoin has been on a downtrend for the past days recording a 1.8% loss in 24 hours and a 10.5% correction in seven days. The benchmark crypto seems to be reacting to macro-economic factors and could ...
Goldman Sachs Says $100,000 Bitcoin Price Is Possible Under These Conditions ⋆ ZyCrypto
Advertisement     Goldman Sachs foresees Bitcoin reaching the $100K mark that has eluded it since the end of 2021. Bitcoin has underperformed since the start of 2022 a...
Bitcoin and Ether heading $100K and $5K in 2022: Bloomberg Intelligence
Despite cryptocurrency markets dropping to multi-month lows, major cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are likely to hit new all-time highs in 2022, according to a Bloomberg analyst. B...
Bitcoin Correction is Not Over, BTC Price Set to Test the $38k low – Coinpedia – Fintech & Cryptocurreny News Media
The crypto market is still in a sideways trend, with Bitcoin selling for $41K. The price of ETH is currently hovering around $3.7K, and most cryptocurrencies are following in BTC’s footsteps. Bears co...
Bitcoin, Ethereum, Cardano, Dogecoin Daily Price Analysis – 7 January Morning Price Prediction
TL;DR Breakdown The global market cap continues to depreciate; the 24-hour losses are about 1.36%. Bitcoin continues its journey on the negative side of trajectory, depreciates 1.22%, Ethereum, also f...