Quick Take CryptoSlate has discussed the possibility of de-dollarization and moving towards a unipolar world. These trends take decades to play out, but in such a scenario, Bitcoin and crypto may play...
Category: Bitcoin
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Bitcoin liquidity drops to 10-month low amid US bank run
Bitcoin (BTC) market liquidity had dropped to a 10-month low, despite a bullish quarter in terms of price gain. The liquidity dry-up is partly attributed to the bank run in the United States and the o...
ADA Jumps 14% Weekly, BTC Reclaims $28K After Enhanced Volatility: Market Watch
Bitcoin ended the week by slipping below $28,000, but the bulls have stepped on the gas since then and pushed the asset back north. Several altcoins have retraced hard today, including yesterday’s top...
India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar – Economics Bitcoin News
The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework imple...
Here’s What Will Be Crucial For Bitcoin And Crypto This Week
The Bitcoin and crypto market saw a pullback at the start of the trading session in Asia. The price of BTC briefly fell 2.2% and initially stabilized above $27,700 at press time. The broader crypto ma...
Senator Warren says banks have ‘done really bad jobs’, advocates for CBDCs instead of Bitcoin
Ad U.S. lawmaker Senator Elizabeth Warren conceded that banks “have done a really bad job” while advocating for central bank digital currencies (CBDCs) because the government backs them. In a March 31...
Bitcoin Ordinals reach new highs with over 58,000 inscriptions recorded – Cryptopolitan
Bitcoin Ordinals have hit a new all-time high, with the number of inscriptions on the BTC network reaching 58,179 on April 2, according to data from Dune Analytics. This figure represents an 83.5% inc...
BTC Takes Advantage of the March Madness in the Banking Sector
Santiment tweeted their latest altcoin market recap report this morning. The report highlighted how the banking sector introduced fear in all of the investment markets. In related news, BTC’s price pr...
Top Crypto Strategist Predicts Major Trend Shift for Bitcoin, Says BTC History Has Been Made
A closely followed crypto strategist known for making long-term assessments on Bitcoin (BTC) believes that the king crypto has entered bull territory. Pseudonymous analyst Rekt tells his 341,800 Twitt...
Bitcoin March Monthly Close Paints Bullish Picture
Bitcoin prices gained almost 22% in March, rising from $23,450 to the end of the month at over $28,500. The big bullish candle has mirrored the one for January, setting up the next major move for the ...
Is Bitcoin Mining Dangerous? – CryptoTicker
Bitcoin mining has become a hot topic in recent years, as more people have become interested in the cryptocurrency and its potential to change the way we think about money. However, as with any new te...
Inscriptions On Bitcoin Ordinals Increased Owing to BRC-20 Tokens
12 seconds ago | 2 mins read Bitcoin News On April 3, Bitcoin Ordinals reached 759,285 inscriptions. The rise cause by the recent issuance of BRC-20 tokens. The amount of Ordinals inscribed on the Bi...
Household Crypto Holdings Included in Bank of Russia’s Consumer Finance Survey – Finance Bitcoin News
The Central Bank of Russia has added crypto asset holdings of households to its survey of consumer finances. The statistics reveal that Russian families keep more money in cryptocurrency wallets than ...
Bitcoin Mining is Now More Sustainable Than Ever Before
Bitcoin mining operations are becoming more sustainable as emissions intensity declines. More miners are now using sustainable energy, and hardware efficiency has improved. Bitcoin mining emissions in...
Bitcoin Price Volatility Ahead In April As Trading Volumes Dry Up
Last month, Bitcoin and the broader crypto market showed strong resilience against the banking crisis and continued their upward journey. Bitcoin ended Q1 2023 with almost 70% price gains. However, Bi...
Bitcoin, Ether drop; US equities rise as inflation cools down
Bitcoin dipped in Monday morning trading in Asia but remained above the US$28,000 resistance level, while most other top 10 non-stablecoin cryptocurrencies traded lower following a week unsettled by U...
ZeroSync Proposes ZK Proofs On Bitcoin $BTC
Over a decade ago, the concept of zero-knowledge proofs (ZKPs) was first introduced for the world of Bitcoin, piquing the interest of even Satoshi Nakamoto. These cryptographic proofs have long been c...
‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks – Economics Bitcoin News
Economist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technical...
Bitcoin Ordinals daily inscriptions surge due to ‘BRC-20 tokens’
A new daily all-time high (ATH) has been recorded for the number of Ordinals inscribed on the Bitcoin (BTC) network due to a recently launched “token standard” for the blockchain. Bitcoin Ordinals rea...
Bitcoin Liquidity is Drying Up as Crypto ‘Tourists’ Recoil From Industry Disorder
(Bloomberg) — By just about any measure, Bitcoin liquidity remains low, despite the cryptocurrency’s eye-catching upsurge this year. Most Read from Bloomberg Investors have been paying more on t...
BLUR Token Plummets Over 28% in March, Despite Blur’s Dominance in NFT Sales Market – Markets and Prices Bitcoin News
While the non-fungible token marketplace Blur has captured a significant amount of the market share in terms of NFT sales, the market’s native token, BLUR, lost more than 28% in value last month. At p...
Bitcoin BTC Price Holds Above $28 as Investors Await Fresh Productivity, Jobs Data
This week, Investors will have a fresh set of employment and productivity data to gauge whether the U.S. economy is continuing to contract as recent signs have suggested or powering forward. The U.S. ...
Why Bitcoin [BTC] investors may need to consider bolstering the bag
BTC could defy predictions of a prolonged correction in Q2. Holders have the opportunity to add to their portfolios since the transition into the bull region is still early. That Bitcoin [BTC] was abl...
Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now – Economics Bitcoin News
On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to t...
Bitcoin Defies Odds, Closes Week Strong Despite Massive Dump of Seized BTC By US Authorities ⋆ ZyCrypto
Advertisement     Bitcoin once again demonstrated its resilience in the face of adversity as it closed the week strong, despite a massive dump of seized BTC by US auth...
Is BTC to Repeat its Bygone Q2, As It Surpasses Assets in 23-Q1?
Post crypto winter and multi-collapses, the industry sees positive regains. Bitcoin and Ethereum outperformed other assets in Q1 2023. Q1 2023 has been rewarding for crypto as Bitcoin outperformed mo...
Bitcoin price turns $28K to support, opening the door for ETH, MATIC, HBAR and EOS to breakout
The market witnessed a major banking crisis in March as Silicon Valley Bank and Signature Bank failed and Silvergate Bank entered liquidation as the result of dire financial distress. In Europe, the g...
Trump Cards Jump Amid Indictment, Strong Quarter for NFT Market – Bitcoin News
Sales of Donald Trump’s digital collectibles surged following the news of his indictment in New York on Thursday. Meanwhile, a report revealed that the market for non-fungible tokens (NFTs) has seen i...
Is Bitcoin Good against Inflation? The Answer might SHOCK You!
Inflation is a phenomenon that has plagued economies around the world for centuries. It is the gradual increase in the price of goods and services over time, which reduces the purchasing power of curr...
Bitcoin Price Analysis: 28153 Support Tested – 3 April 2023
– Advertisement – BTC/USD 28153 Support Tested: Sally Ho’s Technical Analysis – 3 April 2023 Bitcoin (BTC/USD) remained pressured early in the Asian session as the pair moved below the 28...
‘Big Short’ Investor Michael Burry Says He Was Wrong to Advise Selling; Congratulates ‘BTFD Generation’ – Economics Bitcoin News
Famed “Big Short” investor Michael Burry tweeted Thursday, telling his 1.4 million followers, “I was wrong to say sell.” The tweet follows Burry’s warning for months that the U.S. was headed for an “e...
Swiss non-profit and Blockstream to Broadcast Bitcoin Proof via Satellite
Swiss non-profit ZeroSync Association and Bitcoin infrastructure firm Blockstream are teaming up to enable faster syncing and global access to Bitcoin by broadcasting zero-knowledge proofs (zk-proofs)...