The cryptocurrency market has gone upside-down in the last few years. This downfall has confined the market into new threads of survival instincts. Especially firms transacting in the Bitcoin and Ethe...
Category: Bitcoin
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Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised – Altcoins Bitcoin News
The Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners ...
Market Indicator Expects Bitcoin to Stay Neutral in August
Broader cryptocurrency market now experiencing recovery after heavy sell-off driven crypto winter. Major cryptocurrencies have seen notable growth and upsurge from their recent lows. Following the tre...
Fed Fears and Pelosi Taiwan Trip Reverse Bitcoin’s Recent Gains
“The Merge narrative on [Ethereum] has been getting a little cloudier,” said Joshua Lim, head of derivatives at Genesis Trading. “The complications around a proof-of-work fork could create some market...
Could Bitcoin be positioned to thrive amid global bearish signals for the US economy?
The global sentiment of the macro-economic landscape is muted following the news of a technical recession and a 75bp rate hike by the U.S. Federal Reserve. However, the crypto markets look more potent...
Proposed New Bill Classifies Bitcoin and ETH as Commodities – Trustnodes
A new bill by the Senate Committee on Agriculture gives a definition on “digital commodity” with the Commodities Futures Trading Commission (CFTC) to have jurisdiction over the crypto spot market. “Th...
Scaramucci: Bitcoin’s true value is $40,000
Anthony Scaramucci argues that Bitcoin’s price this year has already bottomed out in June, and that its current fair value would be $40,000. Bitcoin’s fair value according to Anthony Scaramucci He re...
Bitcoin miner Digihost to transfer part of New York hardware fleet to Alabama site
Bitcoin miner Digihost is planning to move some of its fleet from New York to a new site in Alabama. The company has just broken ground on the new 55-megawatt facility, according to a statement releas...
Why $28K Bitcoin Price Rally Might Be In Sight?
Bitcoin, the world’s largest cryptocurrency price has been struggling to keep up since the beginning of the year. The last 30 days have proved to be good for BTC as its price managed to recover by ove...
BTC, ETH Rebound as Global Markets React to Pelosi’s Visit to Taiwan – Market Updates Bitcoin News
Bitcoin and ethereum were both trading higher on Wednesday, as global financial markets reacted to the tensions caused by U.S. House Speaker Pelosi’s visit to Taiwan. The price of gold dropped by near...
Bitcoin Cash Retraces above $128 Support as Bulls Attempt to Breach Recent High
Aug 03, 2022 at 11:30 // Price Bitcoin Cash (BCH) is trading in the bullish trend zone as the price breaks above the moving average lines. On August 02, the cryptocurrency sank above the moving averag...
Banking Platform Galoy Raises $4M for Bitcoin-Backed Synthetic Dollar
“Bitcoin has brought digital transactions to previously unbanked communities across Latin America, Africa and beyond,” said Galoy CEO Nicolas Burtey in a press release. “However, its volatility makes ...
Bitcoin falls short of $25K as US, China tensions over Taiwan grow
Bitcoin (BTC) posted a local top of $24,600 on July 30 before closing three consecutive daily red candles. Peak to trough losses over this period came in at $1,800, or 7%. Today, August 3, sees some r...
Bitcoin, Binance Coin, Dogecoin, and Polygon Daily Price Analyses – 3 August Morning Price Prediction
There has been a speedy recovery seen in the global crypto market. The recent bullish rush has added a considerable amount for Bitcoin, Binance Coin, and others. The overall trend for bullishness has ...
Zipmex Crypto Exchange Resumes Withdrawals for Altcoins, No Word on Bitcoin
Embattled Asian crypto exchange resumes withdrawals for some altcoins, though bitcoin and ether remain frozen. The exchange will progressively allow XRP, Solana (SOL), and ADA withdrawals from the Z W...
BTC Price Is Range Bound as It Holds Above $22.5K
Bitcoin Fluctuates Between $22.5K and $24.7K as It Holds Above $22.5K – July 31, 2022 Following the recent decline, BTC/USD has reached bearish exhaustion as it holds above $22.5K. Nonetheless, becaus...
MicroStrategy’s Saylor Hands Over CEO Role to Deputy, Focusing on Bitcoin Business
Michael Saylor, the CEO of MicroStrategy corporation and one of the biggest Bitcoin advocates, has handed over his CEO role to his deputy personnel. Phong Le, the new CEO, has been serving as the co...
Bitcoin holds above 200-weekly moving average showing resilience despite crypto hacks
This morning August 3, Bitcoin (BTC) was able to retake $23,000, which is positive news for bulls since it means that the price is now trading above the closely monitored 200 weekly moving average (wh...
Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies – Taxes Bitcoin News
South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resultin...
Saylor gives up CEO role to focus on MicroStrategy’s Bitcoin strategy
MicroStrategy Inc (NASDAQ: MSTR) co-founder Michael Saylor is set to step down as the company’s Chief Executive Officer, taking up the role of Executive Chairman beginning 8 August 2022. Saylor, a pro...
British soccer club starts accepting Bitcoin for matchday tickets
Division six British soccer franchise Oxford City Football Club (F.C.) will become the first team in the U.K. to accept matchday payments using Bitcoin once their season kicks off on Aug. 6. Bitcoin a...
BTC Price Declines as Bulls Attempt to Defend $22K Support
Bitcoin Fails to Sustain Above the Overhead Resistance as Bulls Attempt to Defend $22K Support – July 31, 2022 For the past week, BTC/USD price has been characterized by small body indecisive candlest...
This Indicator Hints at Short-Term Bitcoin Rally, Will BTC Price Hit $25K This Week?
The market is showing signs of weakness as the price of Bitcoin fell more than 5% in only two days and the price of Ethereum ETH dropped below $1,600. After breaking through the $24,000 support, the p...
Will Bitcoin mining expansion be profitable for miners
The crypto market continued fluctuating this week. Consequently, the global crypto market capital noted just a 1.71% increase over the last day to reach $1.07 trillion, at the time of writing. Bitcoin...
Brazil Might Approve Its Cryptocurrency Law This Week – Regulation Bitcoin News
This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bil...
Bitcoin Info-Stealer Source Code Released – Trustnodes
The source code for a Rust based hacking tool has been released for free on hacking forums and on GitHub with it already used in the wild. “The stealer can target multiple Chromium-based browsers, cha...
Bitcoin derivatives show a lack of confidence from bulls
Bitcoin (BTC) has been trending up since mid-July, although the current ascending channel formation holds $21,100 support. This pattern has been holding for 45 days and could potentially drive BTC tow...
Bitcoin (BTC) looks to retake critical support level, Gnox (GNOX) gains 52% in the first week of presale, Ethereum (ETH) moves closer to proof-of-stake
For the past few weeks, the “heaviness” in the market has been painful for investors. The collapse of Terra USD triggered a selloff across the board, with Bitcoin taking a plunge to yearly lows. There...
Bitcoin ‘has already bottomed and its fair value is $40k’, SkyBridge’s Scarramucci suggests
After a market-wide sell-off that engulfed it in recent months, the cryptocurrency sector is finally catching its breath, driven by its major assets like Bitcoin (BTC), leading some crypto enthusiasts...
Successfully Running MicroStrategy For 3 Decades, Saylor Steps Down As CEO After Firm Bears Huge Bitcoin Losses
– Advertisement – Microstrategy’s Michael Saylor is stepping down as CEO to concentrate on Bitcoin advocacy as company chairman. Please join the @MicroStrategy management team at 5pm ET ...