PeckShield published its findings on Twitter early Wednesday morning, and investors were quick to notice. In the hours after the report’s release, investors expressed their fears that authoritie...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin BTC Price Hits 3-Week Low, Lingers Near $21.7K Amid Ongoing Inflation Concerns
“After celebrating disinflation greenshoots the past two months, the Federal Reserve has had to restart its hawkish positioning by talking tough on rate hikes, I think it’s interesting to note t...
Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue – Bitcoin News
Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters ...
Regulatory Uncertainty and Fed’s Next Steps Keep Bitcoin Traders Cautious
Investors are still feeling bearish when it comes to Bitcoin. But why? And for how long will it last? The narrative that has taken shape over the last two years is that as a “risk-on” asset, Bitcoin f...
CFTC Chair Says Ethereum Is a Commodity—Despite Gensler’s ‘Bitcoin Only’ Position
The chairman of the Commodities and Futures Trading Commission (CFTC) has taken a firm stance against the Security and Exchange Commission (SEC)’s subtle power creep over the digital asset market. Ro...
Jack Dorsey’s Block Unveils Plans for Its DIY Bitcoin Mining Development Kit
The MDK would be useful for integrating Bitcoin mining into multiple use cases such as heating solutions, off-grid mining, home mining, or intermittent power applications Jack Dorsey‘s Block Inc has b...
SatoshiChain Brings Bitcoin to DeFi, Reveals Mainnet Launch Date and Upcoming Airdrops
Advertisement     The mainnet of SatoshiChain, the blockchain technology that connects Bitcoin to DeFi, will formally launch on June 1st, 2023. As it enables users to ...
Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate
Marathon said that on March 8, the term loan prepayment was completed, and the company’s credit facilities with Silvergate Bank were terminated, reducing its debt by $50 million, according to a statem...
Bitcoin Twitter Taunts Paul Krugman Over TradFi Troubles
Famed economist Paul Krugman was never a crypto fan, but personal issues with a traditional financial company left him with some frustration to vent on Wednesday. “I’ve been using Venmo for yea...
Feds consolidate 40k BTC, prompting fears of imminent sell-off
Ad It seems that around 40,000 Bitcoin held in wallets linked to law enforcement seizures in the United States are currently being transferred, according to new data by Glassnode, a blockchain analyti...
Fed Chair Ponders Potential for Digital Dollar to Send Bitcoin to Zero
U.S. Congressman Stephen Lynch (D-MA) expressed concern Wednesday over the possible impact of a central bank digital currency (CBDC), asking Federal Reserve Chairman Jerome Powell to ponder the potent...
Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist – Bitcoin News
At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant finan...
Bitcoin mining report: March 8
Bitcoin mining stocks tracked by The Block were mixed on Wednesday, with eight gaining and the other 10 declining. Bitcoin fell 0.3% to $21,992 by market close. Here is a look at how the individual mi...
Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet – Bitcoin News
On March 7, onchain observers noticed that Vitalik Buterin, the co-founder of Ethereum, had allegedly sold billions and trillions of airdropped ERC20 tokens, resulting in a gain of an estimated $700,0...
Major Bitcoin Sell-Off Averted? Mt. Gox’s Largest Creditor Makes Up Its Mind
Alex Dovbnya Mt Gox Investment Fund has reportedly chosen to receive early payout in Bitcoin According to a recent report by Bloomberg, Mt Gox Investment Fund, which purchased claims against the crypt...
Price analysis 3/8: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
The strength in the U.S. dollar suggests that the risky assets may remain under pressure in the near term, but Bitcoin and select are showing signs of resilience. On March 7, United States Federal Res...
Bitcoin Leverage Ratio Rises, Volatile Move Incoming?
On-chain data shows the Bitcoin estimated leverage ratio has risen recently, a sign that a volatile move may be coming soon for the asset. Bitcoin Estimated Leverage Ratio Has Observed A Surge As an a...
Sustainable sources mined over 90% of BTC during January, February
Ad Miners that use sustainable energy sources accounted for 91.3% of Bitcoin (BTC) mining during the first two months of the year, according to data shared by Climate Tech Vice President Daniel Batten...
Major EU investment fund thinks inflation could fuel BTC bull
Amundi’s Chief Investment Officer Mortier Vincent and macroeconomist Perrier Tristan published a paper that analyzed the current state and prospects of the crypto market. Amundi executives think bitc...
Fed Chair Warns of Higher Interest Rates Than Previously Anticipated, Faster Hikes – Economics Bitcoin News
Federal Reserve Chairman Jerome Powell has warned that “the ultimate level of interest rates is likely to be higher than previously anticipated.” In addition, if faster tightening is warranted, the Fe...
El Salvador Seeking to Establish ‘Bitcoin Embassy’ in Texas
El Salvador may soon open a Bitcoin Embassy in Texas. This embassy would serve as a hub for all potential crypto-related initiatives that might be put into testing. The idea was recently discussed dur...
BTC faces rejection at $22,342 as selling pressure intensifies – Cryptopolitan
Bitcoin price analysis indicates a major decline in price today, with the digital asset rejecting to break through the $22,342 level. The bears have been continually winning over the price charts, as ...
Why Senegal rejects the CFA and is warming to Bitcoin: video
Cointelegraph goes to Senegal, West Africa. The medium-sized African nation recently hosted a Bitcoin conference (BTC) and more and more merchants and customers are joining the Lightning Network. Arm...
The Fed Is About To Crash Bitcoin and Crypto Markets, Says Analyst Nicholas Merten – Here’s Why
A widely followed crypto analyst says that the actions of the U.S. Federal Reserve will crash Bitcoin (BTC) and the crypto markets in general. In a new video update, Nicholas Merten, the host of DataD...
Bitcoin Falls as Hot Job Numbers Fuel Hawkish Fed Policy
The U.S. ADP Nonfarm Employment Change for February beat expectations, coming in higher than the 200,000 estimates at 242,000, indicating that wage growth will likely contribute to continued aggressiv...
Bitcoin [BTC] FUD takes centre stage as Uncle Sam makes a move
U.S. government-seized Bitcoin holdings started to move, causing FUD Short-term holders declined while long-term holders stayed put Over the last few years, the U.S. government has accumulated massiv...
Fed signals a sharp rate hike in March due to inflation — Here’s how Bitcoin traders can prepare
Like it or not, for crypto investors, the U.S. Federal Reserve policy on interest rate hikes and high inflation is the single most relevant measure for gauging demand for risk assets. By increasing th...
$1 Billion Worth of Bitcoin Moved from US Law Enforcement Seized Wallets
In March 2023, over 50,000 Bitcoin (BTC) worth $1 billion were moved from multiple wallets connected to US law enforcement seizures. The transfers included three transactions, with the majority being ...
India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade – Economics Bitcoin News
On Wednesday, Reuters reported that Western sanctions on Russia and oil trading between Moscow and India have started to erode the dollar’s decades-old dominance of international oil trade. The oil de...