Bank of England’s governor Andrew Bailey says that crypto assets have various limitations that prevent them from being used in the existing financial system. In a speech delivered earlier this week, B...
Category: Bitcoin
Live Bitcoin News Updates.
Will BTC Decompress With A Big Move?
Data shows Bitcoin has been stuck in a historically tight 14-day range recently, something that has decompressed into big moves in the past. Bitcoin 14-Day Range Has Been Extremely Narrow Recently Acc...
Grayscale CEO Welcomes BlackRock and Giants to Bitcoin ETF Race, Asserting Asset Class Validity
In a significant development for the cryptocurrency market, Grayscale CEO Michael Sonnenshein has expressed his approval of BlackRock and other prominent asset managers joining the competition to laun...
Bitcoin Futures Traders Losing Interest As Liquidations Hit Record Low
Key Points: Bitcoin futures saw lowest liquidations since April indicating waning interest among traders. Just under $9M worth of futures were liquidated, with BTC making up a large share of the $28M ...
Crypto Expert Louround Predicts Bitcoin and Ethereum Surge, Sparks Investor Frenzy
In a series of tweets that have captivated the crypto community, well-known analyst Louround makes astounding forecasts for Bitcoin and Ethereum, hinting at an imminent surge in prices. What did he sa...
Huge Move Incoming for BTC? Price Squeezing Around $31K (Bitcoin Price Analysis)
Bitcoin has been consolidating for a prolonged period after encountering significant resistance around the $30K mark. The forthcoming price movement remains uncertain, as it depends on whether the pri...
To B or little b: that is the bitcoin question
My first journalism job was so long ago that we were required to capitalize Blockchain. Does looking at Blockchain (look, I did it again) capitalized in the middle of a sentence like that make you un...
Why Tim Draper thinks Bitcoin is here to stay
The long-term Bitcoin faithful stood firm with his prediction but pushed it forward. The halving may have a role to play, and holders seem to have that in mind. American Venture Capitalist and Bitcoin...
Bitcoin HODLers Continue To Buy Despite Price Stalling
On-chain data shows that Bitcoin HODLers have continued to buy more of the asset recently, despite the price hitting stagnation. Bitcoin HODLers Continue To Show Strong Accumulation Behavior According...
US Government Moves $305,000,000 Worth of Bitcoin (BTC) Seized From Silk Road Hackers
A massive stack of seized Bitcoin (BTC) belonging to the US government is on the move, on-chain data shows. According to Blockchain.com, an address labeled as “The US Department of Justice” sent a tot...
Bitcoin’s pre-halving rally may start soon — Here’s why
In the latest episode of The Market Report, Cointelegraph analyst and writer Marcel Pechman discusses Standard Chartered bank’s $120,000 Bitcoin price expectation based on the halving impact. Accordin...
U.S. Government Moved $300M of Bitcoin (BTC) Tied to Silk Road: Blockchain Data
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Crypto Analyst Believes Indicators Have Aligned for Bitcoin Rally
CryptoBusy’s Josh Moden thinks Bitcoin is obeying the classic technical indicators. Vitalik Buterin’s positive remarks for Ordinals support Bitcoin’s positive sentiments. Bitcoin’s price movement alig...
DOJ gets Silk Road coins worth $305M stuck in Bitcoin mempool
Bitcoin (BTC) that once belonged to the Silk Road is on the move — about four months after the US Department of Justice (DOJ) sold millions of dollars worth of it on Coinbase. A string of transactions...
Bitcoin (BTC) Price Outlook: Analyzing the Long-Term Potential
Bitcoin (BTC) price registered a $68,789 range on November 10, 2021. BTC’s price could soar to a staggering $138,000, mirroring the remarkable 346% return. Bitcoin (BTC), the largest cryptocurrency’s...
Silk Road BTC Valued at $300M Moved by US Government
US government-linked wallets moved Bitcoin worth over $300 million that are connected to the Silk Road, a once-thriving illegal marketplace on the darknet. The transactions were carried out the transf...
Bitcoin (BTC) Eyes $37K as Crypto Trader Reveals Rare Price Formation
Classical chart trader Aksel Kibar has spotted a rare price formation for Bitcoin. The crypto trader highlights two chart patterns for the lead crypto asset and their potential price targets. The firs...
Google Cloud supports Bitcoin LN
A few days ago, Google Cloud announced a new partnership with a company specializing in Bitcoin and Lightning Network. An innovation to come out of the blockchain space is the Lightning Network, a pr...
Former SEC Chair Jay Clayton Says Approval of Spot Bitcoin ETF Would Be Hard To Resist Under This Condition
Jay Clayton, the former chair of the U.S Securities and Exchange Commission (SEC), thinks a Bitcoin (BTC) spot exchange-traded fund (ETF) could get approved if financial institutions can prove such a ...
Helium surges as Bitcoin and Ethereum hover at key levels
Helium rose double digits as did 1inch and NEM after US inflation data Bitcoin price on the other hand touched $31k on Coinbase and Ethereum hovered near $1.9k. Consumer prices rose 0.2% month-over-m...
US Govt Selling Silk Road Related Bitcoin, Crypto Crash Ahead?
Crypto Market News: Even as the Bitcoin price hovers around the $30,000 mark, bulk sale of the cryptocurrency from the United States appears to pose a threat to the crypto market in near future. On ch...
Firm managing over $7 trillion in assets buys more bitcoin mining stocks
Vanguard Group, a financial manager controlling assets worth over $7.2 trillion, is buying more stocks from leading bitcoin mining companies per recent filings with the Securities and Exchange Commiss...
CPI Shows Better-Than-Expected U.S. Inflation; Bitcoin Price (BTC) Holds Just Below $31K
The U.S. inflation rate as measured by the Consumer Price Index (CPI) slipped to 3.0% on a year-over-year basis in June from 4.0% in May, according to the Bureau of Labor Statistics (BLS). Expectation...
IT guy jailed for ‘piggybacking’ $390k bitcoin blackmail plot
A UK-based security analyst who attempted to blackmail the bio lab where he worked out of £300,000 ($390,000) has been sentenced to almost four years in prison. Twenty-seven-year-old Ashley Liles ple...
Report Reveals MicroStrategy’s Critical Decision: Will They Sell or Hold Their Bitcoin?
A recent report by brokerage firm Bernstein sheds light on MicroStrategy’s potential need to liquidate its bitcoin (BTC) holdings, but only under significant price corrections, given its debt obligati...
Better than expected U.S. inflation sees Bitcoin up 1%
Quick Take U.S. Headline inflation, year-over-year, has come in at 3.0%, slightly lower than the 3.1% expected. The prior figure was 4.0% indicating a 1% drop from the new data and, thus, marking the ...
Bitcoin Briefly Tapped $31K Amid Lower Than Expected June US CPI Numbers
Bitcoin jumped by a few hundred dollars minutes after the US announced the CPI numbers for June. It’s worth noting that both the core and the overall Consumer Price Index were lower than estimated. Ac...
Vanguard Riot Bitcoin Mining Investment Boosts Positive Sentiment
Crypto miner Riot Platforms has recorded a weekly gain of almost 50%. The surge in RIOT share prices comes after Vanguard Group, one of the world’s largest asset managers, disclosed it acquired a 10.2...
Pro-Bitcoin Firm, Ark Invest, Sells $12 Million In Coinbase Shares
ARK Invest, the pro-Bitcoin investment firm led by Cathie Wood, has sold a portion of its COIN holdings – a NASDAQ-traded stock of Coinbase, a cryptocurrency exchange. Ark Invest Sells Coinbase Share...
Gold surged 350% after first ETF approval; Could Bitcoin do the same?
The crypto community has been abuzz with anticipation over the potential approval of a spot Bitcoin exchange-traded fund (ETF) and its likely impact on BTC prices. Enthusiasts believe that such an ap...
Vanguard: investment in Bitcoin mining
Yesterday, it was revealed that Vanguard has increased its investment in Bitcoin mining companies Marathon Digital Holdings and Riot Blockchain. The Vanguard Group and increased exposure to Bitcoin mi...
Struct Finance Transforms DeFi Landscape on Avalanche With the Launch of Tranche-based BTC.B-USDC Vaults
Tortola, British Virgin Islands, July 12th, 2023, Chainwire In its ongoing journey to reshape the crypto investing landscape, Struct Finance, a DeFi platform that enables investors to engage with tail...