Agustin Carstens, the head of the Bank for International Settlements (BIS), declared victory in the war between cryptocurrencies and fiat currencies during an interview with Bloomberg TV on Wednesday....
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Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base – Bitcoin News
The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is in...
Bitcoin BTC Price Seesaws Above $24.1K Following Mixed FOMC Minutes
Ether was recently changing hands at $1,641, off 1.1% from Tuesday, same time. Yet, CoinDesk analyst Glenn Williams noted that BTC and ETH were diverging on a different front, with investors sending b...
US Lawmaker Launches CBDC Anti-Surveillance State Act to Protect Americans’ Right to Financial Privacy – Regulation Bitcoin News
U.S. Congressman Tom Emmer has introduced the Central Bank Digital Currency (CBDC) Anti-Surveillance State Act “to halt efforts of unelected bureaucrats” from “stripping Americans of their right to fi...
BTC’s Average Directional Index Is At Its Highest Since 2020
2023 has been hard on BTC following its first weekly death cross in history. The Average Directional Index for BTC is currently at a level last seen in 2021 and even 2020. BTC is currently trading han...
Capital Flowing Back Into Crypto at $4.5B Per Month, Largely into Bitcoin and Ethereum
The recent surge in inflows follows an extended period of persistent outflows since the Terra blowout of last May. The global cryptocurrency market has started witnessing massive inflows at $4.5 billi...
Block reports revenue, profits that top expectations amid bitcoin drag
Payments company Block (SQ) reported fourth quarter results after Thursday’s close that beat Wall Street expectations on the top line but missed on earnings. Consumer spending for the company remained...
Analyst Updates Outlook on Chainlink, Predicts Altcoins To Crash by Up to 50% if Bitcoin Falls Below This Number
A popular crypto trader says Chainlink (LINK) is less volatile than other altcoins and could be a safer investment in the coming days. Pseudonymous trader Altcoin Sherpa tells his 192,300 Twitter foll...
Russian Founders of Defi Platform Forsage Indicted in $340 Million Crypto Ponzi Scheme – Bitcoin News
Four Russians have been charged in the U.S. with operating a crypto pyramid and Ponzi scheme that defrauded investors of millions of dollars. If convicted, they would face a maximum penalty of 20 year...
Block’s Q4 Cash App bitcoin profit drops 25%
Block reported its fourth-quarter bitcoin gross profit from its Cash App dropped by one-quarter to $35 million. The total sale amount of bitcoin sold to customers, recognized as bitcoin revenue, was $...
Bitcoin mining report: Feb. 23
Bitcoin mining stocks tracked by The Block were mixed on Thursday, with nine gaining and nine others declining during the day’s trade. Bitcoin rose 0.6% to $23,959 by market close. © 2023 The Bl...
NFT Marketplace Tokens Hit Hard as Bitcoin Rally Retreats
NFT marketplace-related utility and governance tokens took a beating Tuesday, cementing itself as one of the industry’s worst-performing categories on the day as the broader market’s rally hits pause....
Bitcoin Price Analysis Following the Release of FOMC Minutes
Bitcoin (BTC) price is currently trading in the price zone of $24,000. In the most recent meeting, the Federal Reserve raised its benchmark fed funds rate by 25 basis points. The joint meeting of the ...
Robert Kiyosaki Reveals His Bitcoin Holdings, Says He Doesn’t Trust Fiat Money ⋆ ZyCrypto
Advertisement     Robert Kiyosaki, the author of international bestseller Rich Dad Poor Dad, has said he prefers holding Bitcoin and precious metals such as silver and...
Bitcoin (BTC) To Explode by Over 65%, According to Popular Crypto Analyst – Here’s the Timeline
A widely-followed crypto analyst and trader is expressing bullish sentiment on Bitcoin (BTC) as the flagship currency attempts to break its $25,000 resistance level. The crypto analyst pseudonymously ...
Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability – Bitcoin News
Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According...
Crypto Analyst Argues Why Bitcoin and Ethereum Are Top Assets, Breaks Down Popular ETH-Based Altcoin
A widely followed crypto analyst is calling Bitcoin (BTC) and Ethereum (ETH) the assets to have for a substantial return on investment (ROI) in the coming years. Michaël van de Poppe tells his 649,300...
Futures OI exceeds 500K Bitcoin – volatility, liquidations increase as a result
Definition Future’s open interest is the total funds (USD Value) allocated in open futures contracts. Liquidations are the sum liquidated volume (USD Value) from long and short positions in futu...
Bitcoin Volatility Increases as Binance Closes Some Aussie Derivatives Accounts
The world’s leading cryptocurrency exchange – Binance – took to Twitter to announce that it has forcibly closed positions of Australian accounts that have been mistakenly classified as “Wholesale Inve...
Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace – Bitcoin News
A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Poli...
BTC/USD Fails to Hold Above $25,000 Level
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction is currently consolidating and seems to be preparing for the next move above the resistance level of...
BTC price analysis: Analyst says Bitcoin is set for macro uptrend
Bitcoin (BTC/USD) is trading just above $24,000 after a failed breakout at the $25k resistance. Given, the dip to weekly lows of $23,600 has had traders keen on the macro outlook for the leading digit...
Arbitrum’s Daily Transaction Count Surpasses Ethereum for the First Time Ever – Bitcoin News
According to statistics recorded this week on Tuesday and Wednesday, the layer two scaling project Arbitrum’s transaction count has surpassed Ethereum’s. On Wednesday, Arbitrum processed 1,090,510 tra...
Bitcoin flirts with $24,000; Coinbase pares gains following Layer 2 announcement
Markets • February 23, 2023, 11:45AM EST Cryptocurrency prices were up over the past day, relatively unaffected by the release of the Fed’s latest meeting minutes on Wednesday. Crypto-related st...
Bitcoin volume hits yearly high as old coins start moving
Research shared with crypto.news by crypto data firm Arcane Research shows that bitcoin’s (BTC) seven-day average daily spot trading volumes have reached $13 billion — a yearly high. Data from cryptoc...
Analyst Warns Investors as Bitcoin Might Be Setting up a Huge ‘Bull Trap’
Investors are waiting to see if Bitcoin (BTC), the flagship digital asset, can break through the barrier at this level and trade above $25,000. In the previous few days, Bitcoin briefly reached $24,90...
Bitcoin Soars to $25K and MEXC (MX) Hits Intra-Year High
[PRESS RELEASE – Singapore, Singapore, 22nd February 2023] With Bitcoin surging to reach a new 2023 high, MX has been the top performer in exchange tokens, with a 7-day growth of 32%. Bitcoin’s price ...
Former FTX CEO Sam Bankman-Fried Faces New Charges in Multi-Billion Dollar Fraud Case – Bitcoin News
Sam Bankman-Fried (SBF), the disgraced co-founder of FTX, faces four more charges after a new indictment was unsealed on Wednesday. The charges include operating an unlicensed money transfer business ...
Bitcoin old and young coin spent volume at historic lows
Definition This chart overlays the aggregate spent volume of both the Old (> 6m) and Young coin (< 6m) supply as well the Old / Young Spent Volume Ratio (%). Younger coins historically represent...
New York Attorney General Sues Crypto Exchange Coinex — Claims Trading Platform Offers Unregistered Securities – Regulation Bitcoin News
New York Attorney General Letitia James has sued cryptocurrency exchange Coinex “for failing to register as a securities and commodities broker-dealer and for falsely representing itself as a crypto e...
Bitcoin miners returned enough power to heat 1.5 million homes during Texas blizzard
After the Electric Reliability Council of Texas (ERCOT), an independent electricity provider to more than 26 million Texas customers, introduced the Interim Voluntary Load Curtailment program for Bitc...
Bitcoin Price Doesn’t Care About Macro News: NY Fed Economists
The Federal Reserve Bank of New York led a study that examined the relationship between bitcoin and macroeconomic data, finding that the two barely have a link. “The key result is that, unlike other U...