Yuri Molchan John Deaton has commented on various opinions on Twitter regarding which way BTC price will head next Founder of CryptoLaw.US and pro-Ripple crypto enthusiast John Deaton, has left a comm...
Category: Bitcoin
Live Bitcoin News Updates.
Jack Dorsey’s Cash App Bitcoin Revenue Down 25% Over Previous Year
9 seconds ago | 2 mins read Bitcoin News The company’s Cash App division earned $35 million in Bitcoin, down 25%. In 2022, Block’s annual gross profit was $1.66 billion, up 40% from the previous year....
Bitcoin Falls 3% As PCE Rises 0.6% in January
Bitcoin (BTC) sank back to $23,000 on Friday shortly after the Personal Consumption Expenditure (PCE) price index registered a 5.4% annual increase, and a 0.6% monthly increase, in January. The higher...
Bitcoin continues to follow the liquidity plus the aggregation of central bank balance sheets
Quick Take As the global world faces extreme inflation, central banks try to rein in inflation by decreasing their balance sheets (quantitative tightening) and increasing interest rates. The blue line...
What if Bitcoin Price Reaches $30,000? How Will the Crypto Markets React?
The current consolidation of Bitcoin is nowadays compared largely with the previous consolidations of 2015, 2019, etc. The BTC price soon after the consolidation kick-started a magnificent bull run th...
BTC Lightning-Enabled Wallet BlueWallet to Shutdown Bitcoin Node Lndhub.io
Bitcoin wallet service provider BlueWallet has decided to shut down Lndhub.io, a Lightning Network node on the Bitcoin Network used to store and trade satoshis (sats) – the smallest denomination of th...
Two Ethereum Rivals Soar 93% and 45% in Just One Week, Far Outpacing Bitcoin and Crypto Markets
Two Ethereum (ETH) rivals are skyrocketing this week, far outpacing both Bitcoin (BTC) and the crypto markets in general. Filecoin (FIL) and Conflux (CFX) have risen 93% and 45% respectively during th...
Over $31M in Long Liquidations as Bitcoin Risks a Dip Below $23K
The last time the asset plummeted below the $23,000 territory was nine days ago. The Bitcoin derivatives scene has witnessed an estimated $31 million in long liquidations in the past 2 hours following...
Bitcoin Chain Demand Rises, But Slower Than Previous Cycles
On-chain data shows demand for Bitcoin has been returning recently, but the rise has been slower than what previous cycles saw at a similar stage. Bitcoin Active Addresses Haven’t Grown Much Recently ...
Commodity Strategist Mike McGlone Predicts a Recession as Top Catalyst for Gold’s Rise Above $2,000 – Markets and Prices Bitcoin News
This week, Bloomberg Intelligence Senior Macro Strategist Mike McGlone shared his March outlook and noted that the “top catalyst” that could push gold above the $2,000-per-ounce range is a recession. ...
Block’s Q4 report reveals a drop in bitcoin revenue
Block Inc. exceeded the expectations of industry analysts and experienced a rise in its share price through after-hours trading. However the company’s bitcoin (BTC) revenue is falling due to the price...
Bitcoin mining report: Feb. 24
Bitcoin mining stocks tracked by The Block were mostly lower on Friday, with a total of 18 companies seeing their share prices decline. Bitcoin fell 3.1% to $23,213 by market close. © 2023 The Block C...
NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week’s ETH-Based NFT Sales – Markets and Prices Bitcoin News
Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales h...
Analyst Names ‘Must-Hold’ Level for Bitcoin (BTC) Bulls As Crypto Market Drops
A widely followed crypto analyst is highlighting the price level Bitcoin (BTC) bulls must hold as the crypto markets bounce. With BTC trading for $23,984 at time of writing, analyst Justin Bennett tel...
Block Inc’s Cash App Records Bitcoin Impairment in Q4 2022
Like many other companies, Block invested in Bitcoin when the digital asset price was skyrocketing. Multinational technology conglomerate Block (NYSE: SQ) said the Bitcoin gross profit from its Cash A...
How Can Bitcoin Fear And Greed Index Help Assess the Crypto Market Direction? – Cryptopolitan
The world of Bitcoin trading is not for the faint of heart. The cryptocurrency market is notoriously volatile, and prices can swing wildly in either direction within minutes. This unpredictability can...
Bitcoin’s Massive Rollercoaster and Coinbase L2 Network Base: This Week’s Crypto Recap
Bitcoin’s price has been on a rollercoaster throughout the past seven days, and it has failed to chart any significant increase (or decrease) throughout the period. However, it was particularly volati...
Bearish swing results in BTC price correcting down to $23,808 – Cryptopolitan
The Bitcoin price analysis shows a bearish swing in the market with BTC/USD correcting down to $23,808. . A decrease in price levels has been observed in the last 24 hours as well, which is quite disc...
Bitcoin Preparing for Another Rally, BTC Price to Hit $100K in 2025
The bitcoin price is struggling to regain levels above $24,000 after falling below them during the early trading hours. The selling pressure has mounted, and hence, it appears that the star crypto is ...
Bitcoin Price To Suffer? IMF Issues Crypto Action Plan
Bitcoin Price News: The global digital asset is trading under increased selling pressure due to continuous regulatory scrutiny launched by the Financial watchdogs. The cumulative market cap has declin...
Kenyan Senate Ready to Engage Central Bank – Bitcoin News
The Kenyan Senate’s Information, Communication and Technology committee has said it is ready to engage the Central Bank of Kenya (CBK) and other stakeholders in shaping the country’s policy towards cr...
Will Bitcoin bulls retain advantage? What to expect for BTC this weekend
Bitcoin’s (BTC) price movement has stalled, with the maiden cryptocurrency trading below $24,000 after this year’s momentum was cut partly due to macroeconomic and regulatory factors. Despite Bitcoin...
Optimism (OP) Soars Above $3 on Coinbase News, BTC Choppy at $24K: Market Watch
Bitcoin continues with its indecisive price performance and its inability to successfully overcome $24,000 as it sits inches below that level right now. Most altcoins are also slightly in the red toda...
Bitcoin Dips Following New Federal Reserve Fears
Bitcoin incurred a bit of a fall at the end of January after it was revealed that the Federal Reserve was going to potentially enforce another small rate hike. Everyone was on edge after the ongoing d...
Eclipse to Launch Rollup Blockchain for Polygon Network with Solana Compatibility – Technology Bitcoin News
Customizable rollup provider Eclipse announced that the startup is launching a scaling solution that is compatible with Solana and Polygon. Eclipse disclosed that the Layer 2 blockchain can run smart ...
Users Pick Ripple Win Against SEC Over BTC Spot ETF As Biggest Event That Could Happen in Crypto
Crypto enthusiasts think Ripple winning against the SEC is better than Grayscale launching a spot Bitcoin ETF. Paul Barron Network, a cryptocurrency YouTube channel, has asked crypto community members...
Block Reports Q4 2022 Earnings With Less Focus on Bitcoin
Block Inc., Jack Dorsey’s payment business, reported fourth-quarter earnings missing expectations but touching revenue goals. Block’s gross earnings for Q4 2022 increased by 40% year-on-year to $1.6...
Popular Analyst Issues Bitcoin and Crypto Warning, Says Confidence in Markets Is Waning – Here’s Why
A widely followed cryptocurrency analyst and trader is revealing that he is no longer as bullish on the market as he was a week ago. Pseudonymous analyst Pentoshi tells his 676,700 Twitter followers t...
BTC Falls Below $24,000 Ahead of US Consumer Sentiment Data – Market Updates Bitcoin News
Bitcoin fell back below $24,000 on Feb. 24, as markets anticipated the release of the upcoming consumer sentiment figures from the United States. The report from the University of Michigan is expected...
Ether, bitcoin track Nasdaq, S&P declines as new data keeps inflation fears in focus
Crypto and traditional assets sank after U.S. data showed inflation persisting. Bitcoin traded down about 1.5% to $23,785 at 8:45 a.m. EST, while ether fell about 1% to around $1,639. The...