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...
Category: Bitcoin
Live Bitcoin News Updates.
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...
Bitcoin mining report: March 6
Bitcoin mining stocks tracked by The Block were mostly lower on Monday, with seven gaining and the other 12 declining. Bitcoin fell 0.3% to $22,418 by market close. Here is a look at how the individua...
Price analysis 3/6: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
Stock markets continue to trend upward, while crypto investors wait for this week’s Federal Reserve statements before choosing which direction BTC and altcoin prices will take. The United States equit...
US FED policy may tank bitcoin recovery
Federal Reserve chairman Jerome H. Powell is scheduled to participate in the open session, which is set to take place on March 7. As the market awaits the FED’s announcement on their plan for interest...
Investors Tread Cautiously as Bitcoin Price Rally Stalls
Many crypto participants have returned to a cautious approach following a sharp decline in the bitcoin price decline late last week. The velocity of Friday’s move was “definitely unexpected,” Sam Holm...
TeraWulf’s nuclear-powered Bitcoin mining facility goes online
Ad TeraWulf (WULF) has launched its Nautilus Cryptomine facility marking the inauguration of the first bitcoin mining facility in the US powered by nuclear energy. New Nautilus facility opens in Penns...
BTC, ETH, XRP, BNB and ADA Price Analysis for March 6
The new week has begun with bears’ pressure on the cryptocurrency market. BTC/USD Bitcoin (BTC) is the only growing coin from the list today, rising by 0.12%. Despite a slight rise, it is too ea...
Has Bitcoin Bottomed? Bloomberg’s Mike McGlone Gives Insightful Take ⋆ ZyCrypto
Advertisement     The cryptocurrency market speculates that better days might be closer than expected for Bitcoiners. According to some market analysts, Bitcoin, the l...
President Bukele Explains How El Salvador Benefited From Legalizing Bitcoin
The President of El Salvador – Nayib Bukele – disclosed that the country’s tourism sector has increased by 95% since it embraced bitcoin as an official means of payment. He criticized some central ban...
Bitcoin Shorts Are Piling Up, Liquidation Squeeze Soon?
Data shows Bitcoin funding rates have turned negative recently, suggesting that shorts are accumulating on the market. Will a squeeze follow? Bitcoin Funding Rates Are At Their Most Negative Since Dec...
Grayscale Bitcoin Trust Share Price Rallies Before SEC Lawsuit
Grayscale Bitcoin Trust News: Time and again, Grayscale made it clear that the U.S. Securities and Exchange Commission (SEC) has been unfair in not approving its spot Bitcoin ETF application. The comp...
Bitcoin [BTC]: Indicators point at a bull cycle, and on-chain data reveals…
BTC’s NUPL suggests that the coin has commenced a new bull cycle. However, increasing coin dump indicates a lack of investors’ confidence. In a new report, CryptoQuant analyst Sachi found that the as...
BTC price recovers to $22,525 as bulls take control – Cryptopolitan
Bitcoin price analysis shows that the market is still recovering from the recent losses it sustained at the beginning of this month. The bulls have taken control of the market and are pushing the BTC ...
Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents – Technology Bitcoin News
The Rollkit development team has announced that Bitcoin has been integrated as a means for sovereign rollups to store and retrieve data. The developers have stated that it is now possible to run the E...
NFT Firm Yuga Labs Faces Criticism Over Bitcoin Auction Plan
Yuga Labs, the non-fungible token (NFT) firm that gained prominence due to multiple Ethereum-based NFT collections, has drawn criticism from the cryptocurrency community over its plan to auction its n...
Ordinals Creator Slams Yuga Labs for “Degenerate” Bitcoin NFT Auction
While many were excited when Yuga Labs announced its first ordinals NFT collection last month, the exact nature of its auction process is proving highly controversial. Casey Rodarmor – the inventor o...
Terawulf erects first nuclear bitcoin mine in USA
To promote the use of clean energy in crypto, the bitcoin (BTC) mining company Terrawulf has put its name in the history books as one of the first builders of a nuclear-powered nuclear mining facility...
Bitcoin network reaches record-breaking hash rate while taproot adoption picks up speed
Quick Take Hash Rate A 7DMA Bitcoin hash rate has exceeded 330 TH/s, a new all-time high. In addition, only six days of 2023 have seen negative adjustments, quite the feat The next difficulty adjustme...
Yuga Labs’ Bitcoin NFTs top bid is 2 BTC; draws criticism for auction model
Ad Yuga Labs’ TwelveFold Bitcoin (BTC) NFT top 288 bids are led by a 2 BTC bid (around $50,000), with the lowest being 0.111222 BTC ($250) as of press time. However, the collection has drawn heavy cri...