U.S. Senator Elizabeth Warren alleges that Signature Bank failed because it “bought into its get-rich-quick narrative” and “embraced crypto customers with insufficient safeguards.” Emphasizing that th...
Category: Bitcoin
Live Bitcoin News Updates.
Little-Known Ethereum Rival Erupts, Outperforming Bitcoin and ETH With 53% Boom in Seven Days
A little-known Ethereum competitor is in the midst of a major breakout, posting numbers that outpace both Bitcoin and ETH. The layer-1 blockchain Conflux Network (CFX) is trading at $0.295 at time of ...
European Commissioner Says Impact of SVB Collapse ‘Limited’ as Credit Suisse Drags Down Banking Stocks – Finance Bitcoin News
Silicon Valley Bank’s (SVB) collapse has had a “limited impact” on the European Union but authorities must still “stay alert” to events as they unfold, European Commissioner Mairead McGuinness has sai...
Bitcoin miner Marathon sees Q4 revenue decline 58% to $28.4 million
Marathon Digital Holdings said Thursday that revenue for the fourth quarter of the year declined 58% from the same period a year earlier to $28.4 million. The bitcoin miner had been expected t...
Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US – Bitcoin News
On Wednesday, Tom Emmer, the U.S. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), regarding repo...
“Buy Gold and BTC amid US Credit Crunch,” Galaxy CEO Novogratz
1 The US is supposed to witness a credit crunch soon as Credit Card debt reaches $1 trillion. 2 Novogratz thinks it is the right time to buy gold, silver, and Bitcoin. The US is looking at the impen...
Top Analyst Says Bitcoin (BTC) Breakout Incoming As BTC Battles $25,000
A widely followed crypto trader is sure that Bitcoin (BTC) will soon break its macro downtrend as the top crypto by market cap trades near $25,000. Pseudonymous crypto analyst Rekt Capital tells their...
Bitcoin bears could face $440M loss in Friday’s options expiry
The rejection that followed Bitcoin’s (BTC) rally to $26,500 may appear to be a victory for bears, but $24,750 on March 14 was the highest daily close in nine months. Furthermore, Bitcoin has ga...
A Secret Bitcoin Bull Signal?
Alex Dovbnya Jim Cramer’s recent tweet advising against shorting the Nasdaq has sparked a debate among investors, given his history of incorrect predictions. Jim Cramer, a well-known financial c...
The Block: Bitcoin mining report: March 16
Bitcoin mining stocks tracked by The Block were higher on Thursday, with 16 gaining and the other three declining. Bitcoin rose 2.8% to $25,028 by market close. © 2023 The Block Crypto, In...
Bitcoin (BTC) Headed for Another Bullish Weekend, According to This Rare Pattern: Analyst
Godfrey Benjamin We may see Bitcoin bull market this weekend, according to top analyst Bitcoin (BTC) has been sending mixed signals for the better part of a week as it has made scheduled ranging movem...
Can Bitcoin reach 50K soon?
The Bitcoin price saw a massive boost in the last few days. Although it initially lost a lot of value due to the US bank crash, it subsequently benefited from people’s declining trust in banks and the...
Ethereum Upgrade to Implement Beacon Chain Withdrawals Scheduled for April 12 – Technology Bitcoin News
During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the blockchain is scheduled to upgrade on April 12, in 27 days. The upgrade, known as the Shanghai-Cap...
Crypto Analyst Sights $100,000 For Bitcoin’s Near-Term Price After This Pattern Surfaced ⋆ ZyCrypto
Advertisement     Bitcoin hitting a $100,000 price mark is a prediction that many cryptocurrency players have made in the past. While the asset has never reached that ...
BTC recovers to $24,722 as bulls carry on the surge – Cryptopolitan
The Bitcoin price analysis shows a recovery from the recent losses. The BTC/USD has been trading above the $24,500 level for more than a day now, which is a sign of bullish momentum. The BTC/USD is sh...
Here is the Next Plot for the BTC Price Over the Weekend!
Bitcoin’s price continues to consolidate below $25,000 for the second consecutive day but the buyer’s dominance has surpassed the selling pressure. However, this is not the criteria to justify the cla...
Bitcoin a Risk to Profits Says Bank – Trustnodes
“Use of emerging alternative payment platforms, such as Apple Pay or Bitcoin or other cryptocurrencies, can alter consumer credit card behavior and consequently impact our interchange fee income.” So ...
US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply – Bitcoin News
The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, ...
Machankura Boosts African Bitcoin Adoption Without the Internet
How have nearly 3,000 Africans adopted Bitcoin—often called “the internet of money”—without actually having access to the internet? The answer lies with Machankura, a tool built by software developer ...
Multi-millionaire M. Novogratz says ‘Bitcoin was built for this environment’
Multi-millionaire and Galaxy Digital CEO Michael Novogratz believes that investing in cryptocurrencies is a smart move as the United States approaches a recession. In a recent interview on CNBC’s ‘Squ...
Bitcoin dominance nears 50% as research hails ‘bullish’ narrative flip
Bitcoin (BTC) accounts for more of the total value of all cryptocurrencies than at any time since June 2022. In the latest knock-on effect from this week’s surge above $26,000, data from TradingView s...
Sovryn Introduces Decentralized Bitcoin-Backed Sovryn Dollar To Combat Centralized Stablecoins
March 16, 2023 – London, United Kingdom Sovryn, the leading Bitcoin-based DeFi (decentralized finance) platform, launches the Sovryn Dollar (DLLR). The Sovryn Dollar introduces a new standard of stabl...
Self-custody surge: 70K Bitcoin have been sent to self-custody since the collapse of SVB
Quick Take Self-custody of Bitcoin has continued to grow rapidly in the past week due to concerns in the banking sector. Being able to control your Bitcoin is one of its advantages, as opposed to bein...
Federal Police Take Down ‘Dark Web Cryptocurrency Laundromat’, Seize $42M in Bitcoin
German and U.S. authorities today closed a “crypto mixer” allegedly used by criminals on the dark web to launder funds—and seized a load of Bitcoin in the process. In a Wednesday announcement, Europo...
US Fed to the rescue of banks as Bitcoin soars
What is in the news these days is the Fed’s action to support the banking system that is severely in crisis, though this is only supporting Bitcoin. The banking crisis with the failure of four major U...
Decentralize and the week’s Breaking News: SVB, USDC and BTC to 26k
Breaking news and insightful views: Decentralize with Cointelegraph drops a new style of podcast, curated for you by the Cointelegraph news team. Breaking news and insightful views: Decentralize with ...
Bitcoin hovers at $25k amid US dollar surge and Credit Suisse meltdown
Bitcoin retained its position near $25,000 on March 16 as it attempted to break toward the week’s highs, despite a surging U.S. dollar combined with banking crisis contagion. BTC reacts to US PPI Data...
Crypto Payments Become More Popular. Platforms Like Bitcoin Cash (BCH), Alchemy Pay (ACH), and TMS Network (TMSN) See Influx of Investors
Amongst all of the innovative concepts such as NFTs and the metaverse, it’s important to remember that the original vision behind crypto was all about making anonymous and secure payments. This has be...
Bitcoin Price Analysis: Orbiting 25000
BTC/USD Orbiting 25000 Level: Sally Ho’s Technical Analysis – 17 March 2023 Bitcoin (BTC/USD) continued to orbit the 25000 figure early in the Asian session as the pair awaited fresh technical guidan...
Credit Suisse Receives 50 Billion Swiss Franc Bailout From Swiss National Bank – Bitcoin News
Credit Suisse has experienced a loss of confidence in the financial institution’s health following a significant drop in its shares’ value this week. Over the past five days, Credit Suisse shares have...
Credit Suisse Crisis Has Bitcoin Investors Feeling Bullish
As the banking sector continues to roil, this time Credit Suisse, crypto enthusiasts are already taking victory laps on Twitter. “The macro backdrop for Bitcoin has never been more perfect,” wrote co-...
US Could Be Hit by Potential Hyperinflation Soon-Will Bitcoin’s (BTC) Price Make It to $100K?
The crypto space appears to have relaxed a bit as the prices of the popular tokens have been consolidating within a very narrow range. Bitcoin, the star cryptocurrency, appears to be accumulating gain...