Bitcoin’s Price Rebound Triggers Record-Breaking Exchange Profit Exodus

The post Bitcoin’s Price Rebound Triggers Record-Breaking Exchange Profit Exodus appeared first on Coinpedia Fintech News After rebounding from last week’s lows over the weekend, Bitcoin price has exp...

Hodl up, El Salvador’s newest economic advisor is a Bitcoin maxi

Dr. Saifedean Ammous, the author of the explanatory book about Bitcoin (BTC), The Bitcoin Standard, has been appointed the Economic Advisor to the National Bitcoin Office of El Salvador. On May 30, th...

MoonPay CEO Collected $150 Million During Bitcoin’s Golden Age

Key Points: In 2021, MoonPay raised $555 million in an all-equity Series A financing. The monies will be used to recruit more employees, increase geographical coverage, and introduce new payment optio...

Bitcoin Price Analysis: BTC Faces Key Resistance Near $28.5K

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin price started a fresh increase above the $27,500 zone against the US Dollar. The price is now trading abov...

Bitcoin Price Nears Next Key Move, 100 SMA Is The Key

Bitcoin price is consolidating above the $27,500 support. BTC could start a fresh increase unless there is a clear move and close below $27,500. Bitcoin is still holding the key $27,500 support zone. ...

Bitcoin above $28K – Why that’s more than a possibility

Bitcoin’s price increased by more than 2% in the last seven days Open interest also rose, increasing the chances of a continued uptrend  Bitcoin’s [BTC] price, after crossing $28,000, once again sank ...

Bitcoin BTC Price and volatility have a tricky relationship.

Bitcoin’s trading range fluctuated between $25,800 and $28,000 over the last week amid increased volatility. The variation was fueled by a prospective debt ceiling agreement, prompting market ra...

Bitcoin on-chain and options data hint at a decisive move in BTC price

Bitcoin’s volatility has dropped to historically low levels thanks to macroeconomic uncertainty and low market liquidity. However, on-chain and options market data allude to incoming volatility in Jun...

Crypto Revolution in BRICS: India Leads the Way in Bitcoin Adoption

Bitcoin’s adoption in India surged post-2020 RBI ban lift. India’s developing regulatory framework boosts investor confidence in Bitcoin. In an era where disruptive technologies are redefining financi...

Bitcoin’s next rally may be imminent, on-chain analyst says

After a long period of unusually low volatility, Bitcoin’s (BTC) next major price move is likely imminent and could drive BTC to $32,000, according to James Check, lead on-chain analyst at Glassnode. ...

Tether moves into Bitcoin mining in Uruguay

Stablecoin issuer Tether has announced it will be launching Bitcoin mining operations in Uruguay. In a May 30 announcement, Tether said it planned to start a mining arm in the South American nation “i...

Bitcoin price rejects at $28K as analysts eye CME futures gap dip

Bitcoin (BTC) fell into the May 30 Wall Street open as the return of United States equities failed to boost performance. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Bitcoin pauses int...

Bitcoin is on a collision course with ‘Net Zero’ promises – Cointelegraph Magazine

Each year at the annual UN Climate Change Conference (COP), individual countries are pressured to ramp up their emissions reductions promises and showcase evidence they are taking steps to meet them. ...

Bitcoin Joins the NFT Bandwagon with BRC-721E Standard and Ordinals

Bitcoin joins the NFT revolution with BRC-721E protocol, merging Ethereum and Bitcoin ecosystems. BRC-721E standard bridges the gap between Bitcoin and Ethereum NFTs, unlocking cross-chain potential. ...

Bitcoin Trades at $5K Discount on Binance Australia as Withdrawal Closure Approaches

On Tuesday, the prices of bitcoin and other crypto assets were seen trading at a discount on the Australian arm of Binance, the world’s largest crypto exchange by trading volume, compared to rival loc...

Bitcoin Hits ATH of $70,000 in 20 minutes on the PulseChain

Last Wednesday, the price of Bitcoin hit an ATH of $70,000 on Richard Heart’s new PulseChain. Bitcoin Hits ATH of $70,000 The founder of the chain tweets that Bitcoin or wrapped Bitcoin (wBTC) reached...

Cathedra Bitcoin Announces First Quarter 2023 Financial Results

TORONTO–(BUSINESS WIRE)–$CBIT #Bitcoin–(Block Height: 792,140) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“Cathedra” or the “Company”), announces the results of its operations for the first ...

Bitcoin Ordinals to bridge Ethereum NFTs with the launch of BRC-721E

Bitcoin Ordinals are the latest layer-2 solution enabling decentralized storage of digital art on the Bitcoin blockchain. Ordinals will now allow users to migrate their Ethereum ERC-721-based nonfungi...

Bitcoin BTC Price Edges Below $28K as Investors Eye US Debt Ceiling Progress

“So far, bitcoin has moved in lockstep with liquidity,” Dessislava Ianeva, research analyst at crypto data firm Kaiko, told CoinDesk. Ianeva noted that quantitative tightening (QT), which usually happ...

Bitcoin selling for $5K cheaper on Binance Australia as fiat ramp closes

Bitcoin (BTC) is trading hands at a hefty discount on the Australian branch of the Binance crypto exchange, with the price of Bitcoin down as much as 21% if traded against the Australian dollar.  The ...

Will Ethereum Outperform Bitcoin? – Global Economic Intersection

Crypto strategist Benjamin Cowen recently weighed in on the possible performance of Ethereum (ETH) relative to Bitcoin (BTC) moving forward. In his latest YouTube video, Cowen told his 783,000 subscri...

BRC-721E new standard for NFT migration from ETH to BTC

A new token standard, BRC-721E, has been introduced, designed to facilitate the migration of NFTs from Ethereum to Bitcoin. A novel token standard, known as BRC-721E, has recently been unveiled to enh...

El Salvador President Hires Bitcoin Standard Author As Economic Advisor

El Salvador President Nayib Bukele has onboarded Saiffedean Ammous – author of The Bitcoin Standard – as an Economic Advisor to the National Bitcoin Office of El Salvador. In his role, the author will...

Is Bitcoin Poised For A Comeback To Higher Price Levels? Experts Weigh In

Bitcoin (BTC), the largest cryptocurrency by market cap, is currently showing signs of a new momentum refresh and the beginning of a newly formed bull run. Market analyst Justin Bennet accurately pred...

Bitcoin Ordinals surpass 10M inscriptions as creator Rodarmor steps down

The number of Ordinals inscriptions on the Bitcoin (BTC) network has surpassed the 10 million mark, just days after its creator stepped down as the project’s caretaker. On May 28, Casey Rodarmor annou...

Bitcoin ordinals’ creator steps down as inscriptions surpass 10m

Casey Rodarmor, the person behind bitcoin ordinals, reveals he will step aside from his role, with the platform reaching a milestone of over 10 million user registrations. Casey Rodarmor, the brain be...

Are Sellers Shorting Bitcoin Before A Big Move? Here’s What To Expect From BTC Price Next

The crypto market is currently witnessing a rollercoaster ride, and Bitcoin is leading the pack. Following an accord to elevate the U.S. debt ceiling, Bitcoin (BTC) ascended beyond the $28,000 mark. H...

Pro-Bitcoin Legislation Reigns Victorious In Texas This Year As The Legislative Session Ends

Bitcoin policy advocates celebrated several victories in the recent quarter, including the success of Texas SB 1929, a pro-mining bill, and the defeat of Texas SB 1751, an anti-mining bill. VP of Rese...

Bitcoin (BTC) And Crypto Fear And Greed Index Bull Run Prediction, New Meme Coins, And ApeMax

While investor sentiment in the crypto market is improving and currently at a stable and neutral level, a number of new meme coins and utility tokens have been enjoying a bullish spring this year. Man...

Controversial Stablecoin Issuer Tether Plans to Start Mining Bitcoin

It’s been a year of retreat and punishing losses for Bitcoin miners—but undeterred, Tether is stepping into the breach. The stablecoin issuer has unveiled plans to invest in “sustainable B...

ProShares’ Bitcoin Strategy ETF BITO Underperforms BTC Price by 13.8% This Year: K33 Research

The underperformance stems from the costs associated with the fund’s structure. BITO does not purchase tokens, instead it holds BTC futures contracts on the Chicago Mercantile Exchange (CME). Th...

Bitcoin Set for Comeback Amid Anticipated DXY Reversal, Says Glassnode Co-Founder

Alex Dovbnya In face of several market headwinds, Bitcoin may be poised for significant rally, according to Glassnode co-founder Yann Allemann In recent weeks, Bitcoin’s value has been suppresse...