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Category: Bitcoin
Live Bitcoin News Updates.
Analyzing Bitcoin’s 3 Phases for Future Predictions
The narrative of Bitcoin (BTC) cycles will continue to recur as long as halving has an impact on the BTC price, miner activity and investor psychology. In the author’s view of BTC cycles, a well-known...
MicroStrategy Co-founder Stays Bullish on Bitcoin Strategy!
Crypto Live News Author: Mustafa Mulla Aug 3, 2023 10:31 Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech i...
‘Calm Before the Rampage’ – Here’s a Sign That Bitcoin Is About To Go on a Huge Run, According to InvestAnswers
A popular crypto analyst thinks one metric is showing signs that Bitcoin (BTC) could be about to explode on a massive bull run. Looking at a chart from crypto analytics company Glassnode, the anonymou...
wBTC transaction volume spikes. This is what it means for BTC…
wBTC saw a couple of 2,000 transfers for the first time in over a month. Inflow has dominated Bitcoin flow as the price remained bearish. The wrapped version of Bitcoin [wBTC] recently experienced a s...
Binance Announces Zero-Fee Bitcoin And Ethereum Trading, Bullish For Crypto Market?
The world’s largest crypto exchange Binance on Thursday announced zero-free Bitcoin and Ethereum trading with newly added FDUSD stablecoin spot and margin pairs. Crypto, including Bitcoin (BTC) and Et...
KuCoin suspends Bitcoin and Litecoin mining pools
KuCoin’s Bitcoin and Litecoin mining pools will be suspended starting at 4:00 pm UTC on Aug. 15 until further notice. The exchange said the decision was “in line with KuCoin’s evolving business strate...
Grayscale Lawyer Predicts SEC Bitcoin ETF Approval by October
Grayscale Chief Legal Officer Craig Salm said the US Securities and Exchange Commission (SEC) could soon give approval to Bitcoin exchange-traded funds (ETFs) should it lose the Grayscale lawsuit. He ...
XDC up +28.53%, BTC -1.68%, FLEX Coin is The Coin of The Day – Daily Market Update for Aug 03, 2023 | CoinCodex
Key highlights: The total cryptocurrency market cap decreased from $ 1.20T to $ 1.18T in the past 24 hours, representing a -1.31% change The Bitcoin price at press time is $ 29,149 after falling by -1...
Binance Adds BTC/FDUSD and ETH/FDUSD Trading Pairs to its Platform!
Crypto Live News Author: Mustafa Mulla Aug 3, 2023 10:09 Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech i...
Is Michael Saylor behind Bitcoin’s resurging institutional interest?
Bitcoin institutional demand could be on the verge of a comeback after recent findings. Whale address analysis revealed a slowdown in sell pressure and some accumulation. Institutional participation i...
Bitcoin Slumps Below $29,000, Wiping Nearly $100 Million in Liquidations
After days of trading sideways, the cryptocurrency market witnessed a significant downturn, with Bitcoin’s price plummeting below $29,000, marking its lowest level in a month and a half. The sudden mo...
Bitcoin Price Stuck In Range But Here’s Why Bulls Are Safe?
Bitcoin price is moving lower below $29,500. BTC could start a fresh increase if there is a close above the $30,000 resistance zone. Bitcoin is slowly moving lower below the $29,500 pivot level. The p...
‘This is Going to Just be a Lower High’-Claims an Analyst; Will Bitcoin (BTC) Plunge Back to $27,000?
After remaining almost stagnant for nearly a week, the Bitcoin price displayed huge volatility in the past few days by hitting $30,000. While the possibility of a bullish reversal loomed, the bears go...
As Tether boasts of a successful quarter, here’s how BTC stands to benefit
Tether witnessed a successful Q2 in terms of revenue despite market volatility. BTC could benefit from Tether’s investment behavior. Despite the turbulence that the DeFi sector has witnessed, Tether [...
KuCoin Announces Suspension of BTC and LTC Mining Pools
Users were cautioned to save any mining data and records before August 27. There have been rumors that KuCoin plans to lay off 30 percent of its staff. KuCoin, a cryptocurrency exchange, has decided t...
48% Of All Bitcoin Lightning Network Nodes Run On Amazon And Google Cloud
MemPool Space data on August 2 shows that roughly 48% of all Bitcoin Lightning Network (LN) Nodes are hosted by major centralized cloud service providers, namely Amazon Web Service (AWS) and Google Cl...
KuCoin suspends Bitcoin, Litecoin mining amid shifting strategy and layoff rumors
According to an Aug. 2 statement, KuCoin plans to suspend its Bitcoin (BTC) and Litecoin (LTC) mining pools, effective from Aug. 15, until further notice. The exchange attributed its decision to its “...
Bitcoin Supporter MicroStrategy Now Profitable Again
Alex Dovbnya MicroStrategy, largest publicly traded holder of Bitcoin, has found its way back to profitability in second quarter Navigating the stormy seas of the cryptocurrency market, MicroStrategy,...
Decoding Bitcoin’s Gold Coin Analogy
If you are a newcomer to Bitcoin, the concept of UTXO may need to be clarified and easier to grasp. However, comparing Bitcoin transactions to exchanging gold coins helps provide clarity regarding how...
Will Bitcoin hit $100,000 or crash again in 2023?
With the recent surge in the Bitcoin price, many crypto enthusiasts are positive about Bitcoin’s journey toward $100000. Will it happen this year? Or will it take time? In this post, you are going to ...
Coinbase CEO hints at Bitcoin lightning network integration
Coinbase is considering integrating Bitcoin’s Lightning Network to facilitate quicker crypto payments. The exchange’s CEO, Brian Armstrong, hinted at it in response to a tweet by Jack Dorsey. The Twit...
Bitcoin is a boon to ESG: KPMG
Professional services firm KPMG is out with a new report that strikes a surprisingly friendly tone toward bitcoin and its impact on the environment.  The Big Four accounting firm’s ultimate conclusio...
Bitcoin briefly tops $30,000, but traders remain cautious
BTC exchanged hands briefly above $30,000 on 1 August. While accumulation remained underway, key momentum indicators revealed that it was weak. A surge in Bitcoin [BTC] trading volume caused the leadi...
Bitcoin Lightning Network Coming To Coinbase, CEO Armstrong Confirms
As part of its global service expansion and improvement plans, crypto exchange Coinbase announced plans to integrate with the Bitcoin Lightning Network. The move could enforce and facilitate its plans...
CME Bitcoin futures hit new highs as investor interest surges
Quick Take Data from The Block reveals that the Bitcoin futures trading volume and open interest on the Chicago Mercantile Exchange (CME) have reached their highest levels for the year. The trading vo...
ETF analyst raises spot Bitcoin ETF approval chances in the US to 65%
The chances of approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States have now increased to 65% from a mere 1% just a couple of months ago. Bloomberg ETF analysts Eric Balchu...
Coinbase Mulling Best Ways to Integrate Lightning Network for Bitcoin
Lightning Network, the popular layer-2 scaling solution for Bitcoin, is set to come to Coinbase, CEO Brian Armstrong said late on Tuesday. Armstrong’s comments came in response to Jack Dorsey, the co-...
Bitcoin Turns Range-Bound Again Amid an Absence of Fresh Capital; Altcoins Dip Further Into Red
Ether, the second largest crypto by market capitalization was changing hands at $1,843, off 1.3%. Other major cryptos, which spent much of Wednesday in the red, moved more deeply into negative territo...
Bitcoin BTC Price Seesaws Back Over $29.1K, as Investors Move Past Binance Angst; BCH, UNI, LTC Sink
“We’re seeing a multitude of influential factors at play, which includes corporate investments, regulatory advancements, macroeconomic shifts, and potential for increased accessibility through f...
Bitcoin Halving: Why Correlation Doesn’t Equal Causation
The Bitcoin halving is unequivocally the one thing that’s expected to cause price to increase, according to the masses. In this article, we’ll refute — with evidence — why the block reward halving is ...
Why Isn’t Bitcoin Outperforming Most Risk Assets? A Market Conundrum
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has recently suggested that Bitcoin’s (BTC) underperformance compared to the stock market may be a warning sign for investors. BTC...