Grayscale, the world’s largest Bitcoin fund, is being sued by Alameda and FTX on behalf of FTX’s debtors and affiliates. According to a press release issued by the FTX Debtors on Monday, claims have a...
Category: Bitcoin
Live Bitcoin News Updates.
GBTC bucks trend, surged 4.5% while BTC remains steady ahead of SEC hearing
Quick Take It looks like pre-positioning for the opening oral arguments of Grayscale’s litigation against the SEC for ETF approval which goes live today, March 7, at 9:30 am ET. CryptoSlate will...
BTC may need to dip to $19.3K to cool Bitcoin profit-taking — new data
Bitcoin (BTC) would need to return below $20,000 to reset a key metric which covers speculative profit-taking, data shows. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytic...
Did Bitcoin Bottom in November? These Metrics Suggest So.
Hopeful signs are emerging for the crypto industry mid-term as on-chain metrics for bitcoin suggest the world’s largest digital asset by market value may have hit its bottom in late 2022. Those includ...
Argo increases Bitcoin production despite BTC difficulty growth
Publicly-listed Bitcoin (BTC) mining firm Argo Blockchain has increased its daily BTC production despite a significant spike in network difficulty. During the month of February, Argo mined a total of ...
TeraWulf’s Nuclear-Powered Bitcoin Mining at Nautilus Facility is Online
TeraWulf – which focuses on environmentally clean mining operations – has announced starting operations of Nautilus Cryptomine, the first nuclear-powered Bitcoin mining facility in the United States. ...
Russian Court Sends 3 Crypto Robbers to Strict-Regime Prison – Bitcoin News
Three Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency from another man. In addition, the court has also ordered them to fully...
New Sweeps Cash Casino with Crypto & Bitcoin Coins
Stake.us is a popular crypto sweepstakes online casino. By creating an account, you can enjoy instant access to a range of free-to-play games, including Stake Originals. You will also be able to take ...
Crypto Market Analysis: Bitcoin, Altcoins Remain Sluggish While Dominance Continues to Surge
The Bitcoin price continues to trade below $22,500 for the fourth consecutive day after the drastic price slash in the first few days of March. While Star Crypto is trying very hard to hold the price ...
Bitcoin Outperforms NASDAQ, S&P 500, Dow Jones, and Gold Combined
Alex Dovbnya Bitcoin has surpassed the NASDAQ, S&P 500, Dow Jones, and gold combined in terms of year-to-date return Bitcoin, the flagship cryptocurrency, has outperformed the tech-heavy NASDAQ as...
Yuga Labs’ Bitcoin NFT Auction Collects Over $16 M
59 seconds ago | 2 mins read NFT News 288 successful bidders and the bids accumulated $16.5 million. The minimum quantity of bids was 20,000 satoshis. Yuga Labs, the parent company of Bored Ape Yacht ...
Spain a Hotbed for Cryptocurrency Real Estate Deals, According to Study – Bitcoin News
A recent study indicates that Spain is one of the hottest countries regarding real estate offerings that can be paid with cryptocurrency. The report, prepared by Forex Suggest, found that Spain is the...
Bitcoin’s Fate Hangs In The Balance Amid Fed Rate Hikes: Are The Lows Yet To Be Reached?
The Federal Reserve increased its benchmark interest rate by a quarter of a percentage point, but there were few signs that this cycle of rate increases was coming to an end. The Federal Open Market C...
Yuga Twelvefold Bitcoin NFT Auction Raises $16.5 Million
Yuga Labs’ buzzy and controversial auction of its debut Bitcoin NFT collection concluded Monday, with 288 successful bidders nabbing as many pieces in the limited series, spending a combined $16.49 mi...
What is a Sovereign Rollup? Rollkit Pitches Second Layer for Bitcoin
Just a few months after the very first NFT was inscribed into Bitcoin, developers are trying to imbue the age-old blockchain with another new-age technology: rollups. At least that’s what Rollkit—a s...
Alameda Sues Grayscale Over $9 Billion Locked in Bitcoin Trust Shares
Failed crypto company FTX announced today that its affiliate Alameda Research is suing asset manager Grayscale Investments in a bid to unlock investments that it says are being improperly withheld fro...
Bitcoin Markets Are Slowly Transitioning Out of Bear Territory
Bitcoin markets have been in retreat since mid-February and recent psychological price rejections. However, they remain in a transitional phase according to on-chain analysis. In its “Week On-chain” r...
Babel Finance Hopes On Bitcoin-Backed Stablecoin To Repay $766 Million Debt
– Advertisement – Summary: Babel Finance plans to repay creditors with a two-prong approach – a decentralized finance platform and a crypto-backed stablecoin token. The troubled crypto len...
SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the str...
Crypto market can witness another crash if Bitcoin [BTC] drops below..
If BTC’s price goes below the $22,300 range, it can drop further down. Negative sentiments prevailed in the market but a few metrics had a bullish bias. Bitcoin [BTC] has been disappointing investors...
Yuga Labs’ first Bitcoin NFT auction nets $16.5M in 24 hours
The auction for Yuga Labs’ inaugural Bitcoin Ordinal nonfungible token (NFT) collection has ended, netting the firm $16.5 million in just 24 hours. A total of 288 bidders won one of the Bitcoin NFTs ...
Proclamation 2039 90-Year Anniversary Is A Reminder To Buy Bitcoin
Today marks 90 years since Proclamation 2039. While the historical event took place nearly 75 years before Bitcoin was created, its anniversary is a reminder why the top cryptocurrency was created and...
Ripple Survey Suggests Latam Merchants Will Adopt Crypto Payments Massively After Three Years – Bitcoin News
Latam merchants will be slower in adopting cryptocurrency payments compared to merchants in other regions, according to the latest payments survey conducted by Ripple and the Faster Payments Council. ...
Bitcoin: Should you be bullish after the losses of the past two weeks?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The structure was bullish on the daily timeframe....
Yuga Labs bitcoin NFT auction concludes amid complaints about its method
Yuga Labs’ experiment with Bitcoin Ordinals drew 288 winning bids, with one reaching nearly $160,000 for a single NFT. The 24-hour auction of the collection, named TwelveFold, ended at aro...
Bitcoin price enters ‘transitional phase’ according to BTC on-chain analysis
The hopeful optimism of Bitcoin (BTC) traders seemed to dissipate in the first week of March as key on-chain metrics provided resistance. Now Bitcoin price is threatening a retest of the $22,000 level...
Bitcoin Payment Risks and Best Practices for Businesses
Bitcoin (BTC)has been gaining acceptance as a method of payment for businesses worldwide. Yet, the problem of volatility remains a sticking point for those accepting BTC payments. Businesses must face...
Bitcoin market sentiment shifts as Asia turns from net buyers to net sellers
Definition This metric shows the 30-day change in the regional price set during Asia, US, and EU working hours, i.e., between 8 am and 8 pm. Quick Take A thesis I have covered for a substantial amount...
FTX Sues Grayscale to Unlock $9 Billion From Bitcoin and Ethereum Trusts
Alameda Research – sister trading firm to the now bankrupt FTX exchange – is suing the world’s largest Bitcoin fund on behalf of FTX’s debtors and affiliates. The company demands that Grayscale permit...
Alameda seeks to ‘maximize recoveries’ in suing Grayscale over devalued BTC trust; alleges ‘exorbitant’ management fees
Ad FTX said that its affiliate Alameda Research has sued Grayscale, as indicated in a press release published by the former company on March 6. Alameda challenges fees, locked redemptions In its press...