Bitcoin (BTC) showed weakness on Aug. 15, posting a 5% loss after testing the $25,000 resistance. The move liquidated over $150 million worth of leverage long positions and has led some traders to pre...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin Price ‘Biased to the Topside’ as it Floats Above $24K
Bitcoin etched out a two-month high on Sunday leading to higher prices across the board Favorable inflation data from the week prior has helped drive equities higher Bitcoin briefly touched a two-mont...
Kraken CEO hopes to buy a Bugatti for 1 Bitcoin by year-end
San Francisco-based exchange company Kraken‘s CEO Jesse Powell recently told Bloomberg that he was still bullish on Bitcoin and hoped to buy one Bugatti for one Bitcoin by the end of 2022. Powell join...
Soneva’s Luxury Resorts Now Accept Crypto Payments – Featured Bitcoin News
Luxury resort chain Soneva has reportedly begun accepting cryptocurrency payments at its resorts in the Maldives and Thailand. “Accepting cryptocurrencies as a payment method is another example of ena...
Crypto Can’t Shake the Correlation Narrative; BTC, ETH Sink but Meme Coins Rise
“Crypto, on the other hand, doesn’t have the same valuation metrics. It’s still in its infancy and so are its valuation models,” he said to CoinDesk via email. “That ambiguity, with respect to valuati...
Bitcoin, Ethereum, Waves, and Stacks Daily Price Analyses – 16 August Roundup
There has been yet another change in the pace of the global crypto market. The recent few hours brought it back to losses as bears dominated. The change in the market has affected Bitcoin, Ethereum, a...
Bitcoin Miners Suffer Over $1 Billion Loss In Q2 2022
After incurring a number of impairment losses brought on by the decline in cryptocurrency prices, the three biggest US publicly traded Bitcoin mining companies lost more than US$1 billion in the secon...
Bitcoin Miner Riot Takes $349M Goodwill Impairment Charge on Acquisitions
“Although challenging global market conditions in the second quarter, further impacted by a steep decline in the price of Bitcoin and resulting decline in market valuations for publicly-traded Bitcoin...
BTC/USD Elects Stops Below 23722
BTC/USD Stops Elected Below 23722: Sally Ho’s Technical Analysis – 16 August 2022 Bitcoin Bitcoin (BTC/USD) traded sideways early in the Asian session as the pair oscillated around the 200-hour sim...
Decoding if Bitcoin is headed for a $32k run in coming days
Back and forth— that has been the momentum of Bitcoin [BTC] since it hit $25,000 on 15 August. While investors may have hoped for a further uptick, it has not been the case that BTC consolidated aroun...
Bitcoin, Ethereum Primed For Bullish Boost As Brazil’s Largest Broker Opens Trading ⋆ ZyCrypto
Advertisement     Cryptocurrencies have been in the eye of the storm recently as crypto behemoths like Celsius, Voyager Digital, and Three Arrows Capital have imploded...
‘Big Short’ Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash – Featured Bitcoin News
Hedge fund manager Michael Burry’s Scion Asset Management dumped all but one of its stock holdings in the second quarter, according to the firm’s filing with the U.S. Securities and Exchange Commissio...
Bitcoin’s Price Retraces Again, Breaks Below Trendline
●Bitcoin (BTC): $23,960 −0.3% ●Ether (ETH): $1,883 −0.9% ●S&P 500 daily close: 4,305.20 +0.2% ●Gold: $1,791 per troy ounce +0.5% ●Ten-year Treasury yield daily close: 2.82% +0.03 Bitcoin, ether an...
Bitcoin Price Prediction for Today, August 16: BTC Losses at $25,000
Bitcoin Price Prediction – August 16Bitcoin losses at $25,000 against the US Dollars’ worth after a tinier push to the upside as it witnessed a low of $22,771.52 and a high of $25,135.59 in the last s...
Bitcoin And Ether Making A Major Bullish Turnaround, Trader Tells What To Expect ⋆ ZyCrypto
Advertisement     With Bitcoin (BTC) and Ethereum (ETH) leading the crypto markets out of the ditch, many analysts have expressed their opinions and concerns about the...
Dow Jones Up On WMT Earnings; Elon Musk Gets This Twitter Win; Coinbase Dips As Bitcoin Falls
The Dow Jones Industrial Average fared best out of the major indexes on Tuesday, thanks to strong Walmart (WMT) earnings. Tesla (TSLA) CEO Elon Musk scored a rare win in his fight with Twitter (TWTR)....
Celsius CEO Accused of Controlling Crypto Company’s Trading Scheme and Placing Bad Bets – Bitcoin News
According to a recent report published on Tuesday, the Israeli-American founder and CEO of Celsius Network, Alex Mashinsky, was in charge of the company’s trading strategy. The report, citing multiple...
Is Bitcoin really a hedge against inflation?
While Bitcoin (BTC) has failed in countering this year’s rampant global inflation, it should still be considered as an inflation hedge, says Steven Lubka, the managing director of private consum...
Why Is Tether (USDT) More Preferred Than Bitcoin In Crypto Casinos?
Living in a digital age calls for modern solutions. That’s why most online gamblers prefer crypto casinos over their traditional counterparts. A crypto casino has much to offer, that goes without sayi...
Will The Ethereum Merge Drive The BTC Ratio To New ATHs?
Ethereum has been met with strong resistance at its current levels and might potentially re-test support. The cryptocurrency still preserves some of its profit from the past weeks but has been losing ...
Bitcoin Miner Stronghold Digital Significantly Restructures Debt
“Collectively, the NYDIG, WhiteHawk, and Convertible Notes and Warrants restructurings (i) reduce principal amount outstanding by approximately $79 million (approximately 55% of total principal ...
Dogecoin and Shiba Inu: memecoins pump outpacing Bitcoin
The memecoins Dogecoin and Shiba Inu mark a price pump of +22% and +29% for DOGE and SHIB respectively in the past seven days, outpacing the queen of crypto Bitcoin (BTC). Dogecoin and Shiba Inu surr...
Institutional Investors Eyeing Bitcoin, Demand Shock On Horizon!
Despite unsettling market conditions, Anthony Scaramucci has not backed down from his stance on Bitcoin and cryptocurrencies in general. The founder and CEO of the financial services company SkyBridge...
Bitcoin price analysis: Bulls defend $24k as consolidation reigns supreme
Bitcoin price analysis shows a consistent ‘higher highs’ being formed on the hourly charts which are a good sign for the overall positive health of the cryptocurrency. The rising price channel suggest...
Ron Paul Insists US Economy’s ‘Collapse Will Come,’ Former Congressman Says Liquidation Is ‘Absolutely Necessary’ – Economics Bitcoin News
Just recently the American author, economist, and retired politician Ron Paul discussed the rising tensions between China and Taiwan during an interview and he talked about the U.S. economy as well. P...
Bitcoin price hits multiday low as data warns of ‘overbought’ stocks
Bitcoin (BTC) sank to intraday support on Aug. 16 as concerns emerged over the fate of United States stock markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView U.S. stocks face stiff r...
Is Solana Really Decentralized? – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
A minimum of 31 validators could collude to compromise the network’s consensus SOL Price at the time of writing – $43.28 Over 1900 of Solana’s validators are consensus nodes The Solana Foundation of l...
Here’s the First Support if Bitcoin Fails to Break Above $24K (BTC Price Analysis)
Bitcoin continues its effort to break above the $24K resistance level, despite being constantly rejected by it in recent weeks. Will the bulls eventually manage to break it, or will the bears get the ...
Bankrupt Celsius Lost Users’ Funds Trading Bitcoin (BTC) at CEO Alex Mashinsky’s Request: Report
Crypto lending platform Celsius reportedly attempted to trade its users’ Bitcoin (BTC) shortly before the company filed for bankruptcy. The Financial Times (FT) reports that Celsius misplaced user fun...
BTC Struggles Below $24,000; Is Reversal On The Cards?
Published 5 hours ago The Bitcoin price analysis shows a sideways movement with a negative bias. BTC buyers meet suppressive impetus near the crucial $24,000 mark. The price made multiple attempts nea...
Proposals for New Common Currency Resonate in Latam, to Undermine US Dollar Dependency – Economics Bitcoin News
Two new proposals for a new common currency to be established in Latam have been made recently. Former Brazilian president and candidate Luis Inacio Lula Da Silva mentioned the idea in May, and the pr...
XP Launches Bitcoin, Ether Trading
BTC Price at the time of writing – $23,800.04 The company hopes to reach 200,000 active crypto users by the end of 2022 ETH Price at the time of writing – $1,883.22 The organization said M...