Blockchain data analytics platform Glassnode revealed that there has been an “abrupt rotation of capital starting as FTX collapsed,” It added that coins have been transferred from long-term holders to...
Category: Bitcoin
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Bitcoin Price Analysis & Prediction (April 4th) – BTC Looks Poise For A Big Rally Amid Accumulation Phase
Bitcoin (BTC) BTC dominance rises to 45.9% following a roughly $50 billion increase in the global market volume. It found a solid level above $27k this week and has shown signs of strength. A quick re...
Breakout or retracement? Where does Bitcoin [BTC] head next
Bitcoin traders are bidding at lower levels much more than those expecting a quick upward run Volatility remains low as BTC struggles to find solid support With so many factors at play, from macroecon...
Bitcoin Price Analysis: BTC Eyes Upside Break Above $30K
Bitcoin price is trading in a positive zone from the $27,200 support against the US Dollar. The price is now trading above $27,500 and the 55 simple moving average (4 hours). There was a break above a...
ECB Member Fabio Panetta Claims Rising Profit Margins Could Be Fueling Inflation – Economics Bitcoin News
Fabio Panetta, a member of the executive board of the European Central Bank (ECB), has stated that companies increasing their profit margins could be helping to fuel inflation. In an interview with th...
As Bitcoin Platform Paxful Closes, Co-Founder Youssef Talks Up Alternatives
“We spent millions on compliance, but even that still wasn’t enough,” Youssef told CoinDesk in an interview. “And then to make things worse, in the middle of January,” he went on, “my co-founder decid...
US Justice Department Seizes Cryptocurrency Worth $112 Million in ‘Pig Butchering’ Crackdown – Regulation Bitcoin News
The U.S. Department of Justice (DOJ) says it has seized cryptocurrency worth over $112 million linked to fraudulent investment schemes known as “pig butchering.” According to court documents, the seiz...
Chilly DOGE, While Bitcoin Simmers Over $28.6K
Ether spent the day outperforming BTC and was changing hands above $1,900 for the first time since last August. The second largest crypto by market value was up 5.5% from Monday, same time. Other majo...
Marathon Digital posts quarterly record of 2,195 Bitcoin mined in Q1
Bitcoin (BTC) mining firm Marathon Digital reported a quarterly record of 2,195 BTC mined over the first quarter of 2023, currently worth around $62 million. Marathon explained in an April 3 update th...
Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder – Bitcoin News
Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed bl...
Bitcoin Price Will Shatter $10,000,000 Per BTC, Says Hedge Fund Manager Jesse Myers – Here’s His Timeline
Hedge fund manager Jesse Myers believes Bitcoin is on its way to a staggering $10 million per BTC. In a new interview with Coin Stories, Myers breaks down the math and the timeline behind his big pred...
Unbeatable Welcome Offer for New Players on BitSpinCasino – Promoted Bitcoin News
Step into the Cosmic World of Gaming with BitspinCasino’s Welcome Offer of up to 3 BTC. A Cosmic Entrance: New Players Get up to Free BitspinCasino, the new online casino that promises to take players...
Marathon Digital Announces a Record Bitcoin Production in Q1 2023
One of the leading crypto mining firms – Marathon Digital – mined a record 2,195 BTC during the year’s first quarter and increased its holdings to 11,466 bitcoin (equivalent to over $321 million at cu...
P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of Return – Bitcoin News
According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited ...
Ethereum (ETH) vs. Bitcoin (BTC) Chart Indication Might Mean This for Altcoins: Miles Deutscher
Tomiwabold Olajide Ethereum (ETH) chart reflects makings of capital rotation ahead of Shanghai Crypto analyst Miles Deutscher points to an important indication on the Ethereum vs. Bitcoin daily chart....
Texas Passes Infamous Anti-Bitcoin Mining Bill
Texas has taken a decisive step toward imposing much stricter regulations on Bitcoin miners. Will other states follow? Bitcoin requires a ton of energy to maintain its network, and Texas lawmakers hav...
Trader Who Called Bitcoin Turnaround Reveals BTC Price Target for December 2024
A popular crypto trader who accurately called Bitcoin’s 2023 turnaround is predicting BTC‘s next cycle high, which he forecasts for the end of 2024. In a new interview on the Wealth99 YouTube channel,...
Bitcoin marketplace Paxful to shut down, two months after LocalBitcoins closure as P2P market dwindles
Paxful, a peer-to-peer bitcoin marketplace, is shutting down its marketplace — and might not return at all. The news “will probably come as a big shock to many,” CEO Ray Youssef wrot...
US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States – Economics Bitcoin News
After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s Natio...
JP Morgan CEO’s Suggests Expropriations, This Could Drive Investors Towards Bitcoin
The CEO of banking behemoth JP Morgan, Jamie Dimon, made several controversial statements that could support Bitcoin’s bullish long-term thesis. According to a report from the Telegraph, Dimon claims ...
Toronto Police Recover Bitcoin Funds, Victim of Crypto Scam Reimbursed
Alex Dovbnya Toronto Police Service has successfully recovered and returned stolen Bitcoin funds to victim of cryptocurrency investment scam The Toronto Police Service (TPS) recently reported the succ...
Bitcoin (BTC) to Give Bears “Nice Welcome Shakeout” As Soon as This Happens: Prominent Analyst
Yuri Molchan Trader Bob Loukas has shared his take on when the Bitcoin bears will finally drop their bias Prominent cryptocurrency analyst and trader Bob Loukas has taken to Twitter to share his opini...
Fed liquidity injections drive down US Treasury yields, but not Bitcoin price
Bitcoin (BTC) might have shown strength after successfully defending the $28,000 support amid unfounded rumors regarding Binance, but an interesting development to note is BTC is becoming less correla...
Bitcoin Retail Buying Spikes, Adoption Accelerating?
On-chain data shows that Bitcoin retail investors have been aggressively buying the asset recently, a sign that adoption may accelerate. Bitcoin Shrimps Have Been Aggressively Accumulating Recently Ac...
Bitcoin (BTC), Shiba Inu (SHIB), Ethereum (ETH) Payments Accepted by Ralph Lauren Miami Store
Tomiwabold Olajide Ralph Lauren’s new Miami Design District store will be accepting crypto payments Global fashion brand Ralph Lauren’s new Miami Design District store will be accepting cr...
Anti-Bitcoin mining bill gets unanimous approval from Texas Senate committee
The Texas Senate Committee passed the anti-Bitcoin (BTC) mining bill on April 4, according to Satoshi Act Fund’s founder Dennis Porter. The bill, sponsored by Texas State Senator Lois Kolkhorst,...
Are BTC, ETH, and DOGE primed for a bullish Q2? Gauging…
Bearish sentiment in the global crypto market has declined by over 35%. BTC and ETH seemed to be doing fine, while memecoins made the most of the situation. Santiment’s latest tweet was quite interes...
‘Totally Irresponsible’ — Bitcoin Proponents Express Discontent Over Twitter’s Doge Logo Change – Bitcoin News
After the Twitter logo was changed from the original blue bird to a cartoon image of the famous Shiba Inu Doge, the cryptocurrency dogecoin rose significantly in value and is now up 27% more than 12 h...
Michael Saylor Comes out With New Narrative as Bitcoin (BTC) Price Recovers
Gamza Khanzadaev Entrepreneur who owns 139,000 BTC shares advice as Bitcoin price rebounds Prominent entrepreneur Michael Saylor, known for his ultra bullish pro-Bitcoin views, has shared a new narrat...
Bugatti & Asprey bring the Posh NFTs to the Bitcoin blockchain
.In early 2022, Bugatti collaborated with Asprey Studio, and now they are bringing exclusive and expensive NFTs collection on Bitcoin. Both iconic brands, known for their impeccable designs, are now b...
Peer-to-Peer Bitcoin Exchange Paxful Shuts Down Its Marketplace, Blames Key Staff Departure and Regulatory Concerns
The cryptocurrency market has been hit with a wave of bad news recently, as several exchanges have announced their closure. In a recent post, Paxful, one of the world’s largest peer-to-peer bitcoin ex...
Bitcoin Emerges as Winner in Q1 with 70% Price Rise and 800M Transactions Passed: Report
After a rocky end to 2022, Bitcoin finished the first quarter well in the green, recording an impressive 70% in gains. The core network activity depicted a bullish picture amidst the broader market re...