Payments behemoth Paypal has disclosed in a Form 10-Q financial report filed with the U.S. Securities and Exchange Commission (SEC) that it is holding nearly $1 billion in cryptocurrency assets. This ...
Category: Bitcoin
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Litecoin LTC Transactions Hit All-Time High as Bitcoin BTC Fees Surge Amic BRC-20 Meme Coin Frenzy
On May 8, Litecoin executed more than 525,000 transactions in a day, coming close to Bitcoin’s 575,000 daily transactions, according to blockchain data from BitInfoCharts. It is five times the average...
Bitcoin, Ethereum Push Higher As Inflation Slows to 4.9% in April
Cryptocurrency prices rose on Wednesday after a widely-watched inflation gauge in the U.S. suggested the Federal Reserve’s fight against soaring prices is making progress. The Consumer Price Index ros...
Research: Ordinals, BRC-20 drive financial boon for Bitcoin miners
The Ordinals Protocol has enabled NFTs and BRC-20 tokens on the Bitcoin network – whereas previously, it was a single-asset network. However, the issue has sparked debate, with critics pointing ...
Bitcoin Price Analysis: 28309 Target Tested
BTC/USD Tests 28309 Target: Sally Ho’s Technical Analysis – 11 May 2023 Bitcoin (BTC/USD) encountered additional volatility early in the Asian session as the pair moved back above the 28000 figure an...
In Bitcoin BRC-20 Debate, There’s no Such Thing as ‘High Fees’
Lightning is not a panacea, and it is best suited for high frequency, small granularity payments – which certainly doesn’t satisfy all types of Bitcoin transactional demand. There’s more than just one...
Bitcoin and Crypto Markets Rise on Inflation Data As Countdown to US Debt Default Looms
Bitcoin (BTC) and the crypto markets are on the rise after the latest Consumer Price Index (CPI) reveals cooling inflation. New data from the U.S. Bureau of Labor Statistics, the CPI – which measures ...
Bitcoin is not dead: what does it mean?
Bitcoin’s potential is not dead yet: the world’s most popular digital currency has managed to endure and defy the sceptics. In recent months, bitcoin has seen a resurgence in popularity, with both re...
Bitcoin (BTC) Price to Hit New ATH Before 2024- Here’s When and Why
Bitcoin’s remarkable surge of 76% so far this year had brought it to a crucial technical point that could provide insights into the future direction of the cryptocurrency. However, after gaining momen...
Bitcoin Held on Exchanges Drops to 5-Year Lows: Santiment
The crypto analytics platform – Santiment – indicated that the amount of bitcoin held on digital asset exchanges has recently plummeted below 6%. The last time the figures were that low was in Decembe...
Bitcoin Supply Is Moving From American Holders To Asian Wallets: Glassnode
Data from Glassnode reveals the Bitcoin supply has been observing a shift from wallets based in America to those in Asia recently. Bitcoin Supplies Held By Asian And US Investors Have Gone Opposite Wa...
Bitcoin dives below $27k; almost $100M liquidated
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...
Multiple Resistances Put BTC Price Under 10% Downside Risk
Published 2 hours ago Bitcoin Price Analysis: On May 8th, the Bitcoin price gave a bearish breakdown from the support trendline of a symmetrical triangle pattern. This pattern created a consolidation ...
Court Documents Allegedly Thrown at NBA Star’s Car – Bitcoin News
In a recent court submission, legal representatives for basketball icon Shaquille O’Neal, commonly referred to as Shaq, claim he was not duly served in the FTX class-action lawsuit. As per the documen...
Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar
Users of the Muun wallet, which utilizes both the bitcoin and lightning layers to process transactions, have been charged high fees, particularly those employing it for payments at South African retai...
Michael Saylor: Bitcoin Ordinals Are a ‘Catalyst’ for Adoption
Bitcoin bull and Microstrategy co-founder Michael Saylor said the latest Ordinals craze has been a catalyst for Bitcoin adoption “Every time someone builds an application that’s cool on Bitcoin, like ...
Key Reason Behind Recent Bitcoin Spike
Alex Dovbnya Bitcoin’s price spike is largely tied to latest inflation data, suggesting potential easing of inflation rate Bitcoin, the flagship cryptocurrency, experienced a significant spike i...
Yachtify (YCHT) Rising in Relevance as Bitcoin (BTC) Faces Issues
Price fluctuations and predictions are critical indications for cryptocurrency traders, whales, and investors. Due to several recent incidents in the cryptocurrency market, current price fluctuations,...
Could a Bitcoin Rally Help ApeCoin Price Prediction for 2023? Is AltSignals’ Presale a Better Investment Option? – Cryptopolitan
Bitcoin has had a solid start to 2023, but the rest of the crypto market has found it challenging to keep up with the world’s first and most popular crypto asset. While the ApeCoin price prediction ha...
Asia Sees Rising Bitcoin Supply As US Intensifies War On Crypto
Bitcoin supply is gradually shifting concentration from America to Asia and the increasing regulatory pressure on the crypto industry from United States regulators might be sparking the change. Crypt...
XRP Transaction Fees at $0.0002, While Bitcoin Fees Surpass $20
XRP’s average transaction fee remains under $0.01 as Bitcoin’s average transaction fee soars. Bitcoin, the world’s number one cryptocurrency, saw an increase in its average transactional fee from $19....
Tether attestation shows $1.5B worth of Bitcoin in reserves
Stablecoin issuer Tether (USDT) said it holds $1.5 billion worth of Bitcoin (BTC) in its reserves — equating to 2% of its total reserves. The stablecoin issuer further revealed that it held $3.39 bill...
Cboe Files Third Attempt at Securing Spot Bitcoin ETF Approval from SEC
Chicago Board Options Exchange parent Cboe has again filed for a spot Bitcoin ETF with the SEC despite being rejected in late January. In a recent regulatory filing, Cboe Global Markets made its thir...
TRON Nears Crypto Top 10, as MATIC Extends Declines – Market Updates Bitcoin News
Tron moved closer to being in the cryptocurrency top 10 on Wednesday, as the token rose for a second straight day. Prices climbed by nearly 2% in today’s session, despite the global market cap moving ...
Bitcoin halts four day slide as CPI comes in better than expected
Spurred by better-than-expected U.S. Consumer Price Index (CPI) data, Bitcoin saw a 1.6% increase in the 13:30 (BST) 30-minute candle to close at $28,197. The move was accompanied by high volume to br...
Bitcoin Surges as 4.9% CPI Suggests Fed Policy is Working
Bitcoin (BTC) incurs slight upside volatility as U.S. Consumer Price Index (CPI) for April misses estimates, which may strengthen the case for a Federal Reserve (Fed) rate hike pause later this year. ...
Market sentiment and bitcoin price
Over the weekend, the price of Bitcoin fell back below $30,000, fueling traders’ fears of a bearish continuation in the coming months. Market sentiment is now caught between fears of a prolonged bear ...
Should You Worry About Bitcoin Withdrawals On Exchanges? New Data Sheds Light
Bitcoin holders have been paying attention to the amount of BTC leaving crypto exchange platforms. Over the past week, the cryptocurrency’s liquidity has been moving, raising concerns about the stabil...
Here’s Why Bitcoin (BTC) Suddenly Regained $28K: Details
Bitcoin suddenly regained the $28,000 mark on May 10, following the release of the lower-than-expected CPI. At the time of writing, BTC was up 1.31% in the last 24 hours to $28,176. The lower-than-exp...
Binance NFT Marketplace Expands Ecosystem With Support For Bitcoin NFTs ⋆ ZyCrypto
Advertisement     Binance, the world’s largest exchange by trading volume, announced it is working on including Bitcoin’s Ordinals tokens in its non-fungible token (NF...
Bitcoin (BTC) Heavily Shorted on BitMEX, Here’s Where This Might Lead
Tomiwabold Olajide Bitcoin’s funding rate on BitMEX is seeing its most negative ratio since March According to on-chain analytics firm Santiment, Bitcoin is being heavily shorted on BitMEX, with...
Solana, Polygon, Avalanche and Others Will Bleed Against Bitcoin in Massive ‘Altcoin Reckoning’: Benjamin Cowen
Popular crypto analyst Benjamin Cowen thinks the “altcoin reckoning” against Bitcoin (BTC) is bound to continue. In a new YouTube video, Cowen tells his 784,000 YouTube subscribers that a lot of altco...