The events of the past week have led to significant sell pressure across the crypto market. Since FTX insolvency rumors broke on Nov. 6, peak outflows saw $270 billion leave the market. Despite the be...
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Bitcoin Price Analysis: 17791 Pressure
BTC/USD Tries to Battle Back: Sally Ho’s Technical Analysis – 12 November 2022 Bitcoin (BTC/USD) remained on the defensive early in the Asian session as the pair sought to reclaim lost ground followi...
El Salvador President Denies Storing Bitcoin on FTX: Binance CEO
El Salvador’s president—who once admitted buying Bitcoin on his phone while naked—today assured his constituents that the country’s crypto holdings were safe and not on the collapsing exchange FTX, ac...
ETH Moves Higher as Markets Continue to React to US Inflation Report – Bitcoin News
Ethereum was trading higher on Friday, as cryptocurrency markets continued to rebound, following yesterday’s U.S. inflation report. The better-than-expected 7.7% CPI (consumer price index) figure for ...
Bahamas Regulator Freezes FTX Assets — Supreme Court Appoints Provisional Liquidator – Regulation Bitcoin News
The Bahamas Securities Commission has frozen the assets of FTX Digital Markets and related parties. The financial regulator said the prudent course of action is to put the crypto firm “into provisiona...
Bitcoin price: Brownstone Institute’s Jeffrey Tucker says BTC could retest $10K
Jeffrey Tucker, the President and founder of the Brownstone Institute, says the current market outlook could aid further rot for Bitcoin (BTC/USD). Cryptocurrencies have again witnessed a major dump a...
El Salvador Does Not Hold Any BTC on FTX, Said Changpeng Zhao
The President of El Salvador – Nayib Bukele – reportedly dismissed the arising rumors that his country holds its bitcoin stash on the battered cryptocurrency exchange FTX. The information was revealed...
Indonesia to Change Crypto Regulators as Part of Plan for Stricter Oversight – Regulation Bitcoin News
The government of Indonesia wants to assign crypto supervision to the Asian nation’s financial watchdog in order to ensure better protection for investors. The move is part of a planned overhaul of re...
Bitcoin, ether drop as FTX’s bankruptcy filing spooks crypto markets
Crypto prices sank on the news that FTX and more than 100 corporate entities affiliated with the firm are filing for bankruptcy. Bitcoin dropped 5.2% at $16,551, while ether crashed 6.5% to $1,...
1xBit Integrates Bitcoin Lightning Network As A Payment Method
1xBit, the crypto casino famous for supporting an impressive range of cryptocurrencies, now allows gamblers to make payments over the Bitcoin Lightning Network. With this move, 1xBit improves users’ q...
BTC Firebrand Michael Saylor Says FTX Implosion Could Set Off a Rapidly Growing Crypto Industry – Here’s How
MicroStrategy founder and Bitcoin (BTC) bull Michael Saylor says the collapse of FTX could actually spark further growth in the crypto industry. In a new interview with CNBC, Saylor says the collapse ...
Zimbabwean Central Bank Launches CBDC Consumer Survey – Africa Bitcoin News
The Zimbabwean central bank has said it is “conducting a CBDC [central bank digital currency] Consumer Survey to solicit opinions on the design and nature of the CBDC and its overall acceptance by the...
Bitcoin miners accelerate selling as bears take charge; What’s next for BTC?
Bitcoin (BTC) miners are increasingly changing their historical BTC holding strategies as the bear market prevails. Notably, miners who are known to accumulate Bitcoin and act as a market buffer are o...
Bitcoin Price Movement Causes Concern! A Close Above These Levels Could Revive Bullish Expectations
The Bitcoin price trend is extremely unsettled and uncertain ever since the market collapsed in May 2022. While multiple attempts to revive the bullish trend were made but woefully, it ended up in a s...
On-Chain Data Shows Warning Signs For Bitcoin (BTC)
On-chain data indicates another warning sign for Bitcoin. The BTC price could dive further to $15K as mid-term Bitcoin holders, who purchased in the last 3-6 months, are sending their BTC holdings to ...
Bitcoin Optech celebrates years of major fixes to Bitcoin vulnerabilities
The popular Bitcoin OpTech newsletter has created a Hall of Fame to thank developers who responsibly disclosed major vulnerabilities in Bitcoin software without exploiting them for their own benefit. ...
Did El Salvador Have Bitcoin Deposited In FTX?
Rumors have circulated in recent days that El Salvador may have been involved with the FTX collapse because of Bitcoin deposited on the exchange. In particular, the speculation that has been circulat...
Twitter Files for Payment Business — Elon Musk Says Platform Could Offer Debit Cards, Money Market Accounts – Featured Bitcoin News
Twitter has filed paperwork with the U.S. Financial Crimes Enforcement Network (FinCEN) to start a payment business. Tesla CEO and Twitter chief Elon Musk explained the social media platform could off...
‘Thank God’ El Salvador doesn’t have any Bitcoin on FTX, CZ clarifies
False information spreading online suggested that the president of El Salvador, Nayib Bukele, was seeking the immediate extradition of FTX CEO Sam Bankman-Fried along with Alameda Research co-CEO Sam ...
Bitcoin, Ethereum, Stacks, and Kava Daily Price Analyses – 10 November Roundup
The global crypto market has witnessed a speedy change in performance. The value of Bitcoin, Ethereum, and others improved significantly due to the influx of capital. The mercurial change has brought ...
US Senator Says Crypto Needs ‘More Aggressive Enforcement’ — ‘I’m Going to Keep Pushing SEC to Enforce the Law’ – Regulation Bitcoin News
U.S. Senator Elizabeth Warren says the implosion of crypto exchange FTX shows that the crypto industry needs “more aggressive enforcement.” She stressed: “I’m going to keep pushing SEC to enforce the ...
Possible Legal Filings Could Clarify FTX’s Relationship to Alameda; Bitcoin Hovers Near $17K
The largest cryptocurrency by market capitalization was recently trading at $16,970 a more than 4% gain over the past 24 hours as investors filled with new hope about the economic future returned to r...
Bitcoin’s volatility doubles in a week mimicking FTX Token’s moves, data reveals
Just as it looked like the cryptocurrency market was recovering from a months-long crisis, the events surrounding one of the largest crypto exchanges in the world spiked volatility among the tokens th...
Oil and Gas Industry Giant Shell Forays Into Bitcoin Mining Industry
3 hours ago | 2 mins read Bitcoin News Shell aims to confer green transition to Bitcoin mining. As per data, Bitcoin mining consumes 103.01 TWh per year. Shell plc, the London-based oil and gas indust...
How to pay Bitcoin profit tax?
News has been circulating in recent days that has put the crypto world in great turmoil: a major Milanese law firm has reportedly entered into an agreement with the Italian tax authorities to emerge f...
Brownstone Institute founder says Bitcoin could be headed back to $10,000; Here’s why
Bitcoin (BTC) has lost the crucial $20,000 support level, with the market still looking for a possible bottom that can anchor the maiden crypto to a new rally. Following the recent correction, Jeffre...
JPMorgan Thinks Bitcoin Could Plunge to $13K Following the FTX Crisis
JPMorgan’s team, led by Nikolaos Panigirtzoglou, predicted that the price of bitcoin could drop to $13,000 due to the turmoil following the FTX collapse. The cost to produce BTC has also fallen consid...
Bitcoin whales’ action at the back of FTX episode has some tips for you
Bitcoin’s price fell to a 2-year low following Binance’s refusal to go ahead with the proposed FTX acquisition. As price continues to dwindle, whales ramp up accumulation. Currently trading at a 2-yea...
Blockfi Pauses Customers Withdrawals, Cites ‘Lack of Clarity’ on FTX’s Status as Cause – News Bitcoin News
Blockfi, a cryptocurrency lending platform, has announced that it is limiting the operations of its platform and pausing customer withdrawals. The company issued a letter where it states that this dec...