“This is a place where common sense has a really important role to play. You’ve got a situation now in which you have certain kinds of exchange traded funds, one that is focused on bitcoin...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin ‘Optimist’ Alex Adelman Calls NFTs ‘Perfect Intersection of Culture and Technology’
In brief Alex Adelman, CEO and co-founder of Bitcoin rewards app Lolli, spoke with Decrypt at NFT NYC last week. He’s a fan of the rise of NFTs and culture in crypto, and believes the Bitcoin communit...
Bitcoin Dips Below $20K, is Another Crash Coming? (BTC Price Analysis)
Bitcoin’s price has entered a consolidation phase while its downtrend seems to have stopped after a severe shakeout to $17K. This range is likely to provide significant support, as it contains the 201...
ProShares Short ETF Becomes Second-Largest Bitcoin Fund In Record Time
The ProShares Short Bitcoin ETF had been highly anticipated due to the success of short bitcoin ETFs in the past. A reasonable amount of inflows was expected to flow into the ETF but with less than on...
Bitcoin price limps under $20K as Asia extends global stocks weakness
Bitcoin (BTC) returned under $20,000 on June 29 as analysts stayed hopeful of a trip higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders looks to $19,500 for support Data from ...
Peter Schiff Blasts MicroStrategy’s Latest Bitcoin Purchase, Says BTC More Downside Would Make Saylor Waste More Money
– Advertisement – Peter Schiff Blasts MicroStrategy’s Latest Bitcoin Purchase, Says BTC Will Soon Resume Price Decline. The American stock broker has slammed MicroStrategy’s recent Bitco...
MicroStrategy Puts Another $10M in Bitcoin—Despite Price Crashing Below $20K
Cloud software company MicroStrategy today announced another Bitcoin buy—spending this time $10 million on the cryptocurrency—despite the price of the asset dropping below $20,000. The tech firm has ...
Why The SEC Will Reject Grayscale’s Bitcoin Linked Spot ETF
The U.S. Securities and Exchange Commission (SEC) will announce its decision on the Bitcoin-linked spot Exchanged Traded Funds (ETFs) proposals filed by investment giants Bitwise and Grayscale. The Co...
Bitcoin Cash Sinks 7% As Its Biggest Advocate Is Accused Of Default
Bitcoin Cash (BCH) prices sank on Wednesday after Roger Ver, a major advocate of the blockchain, was accused of owing crypto exchange CoinFlex about $47 million. In a Twitter statement, CoinFlex CEO ...
Microstrategy Buys More Bitcoin After SEC Says BTC Is a Commodity — Company Now Hodls 129,699 Bitcoins – Featured Bitcoin News
Microstrategy has purchased more bitcoin amid a heavy market sell-off. The announcement followed a clarification by the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, sta...
Bitcoin Records Worst Performance For June, Will It Get Better From Here?
Bitcoin performance for the month of June has been nothing short of unremarkable so far. Being a market leader, the other cryptocurrencies in the market have mirrored its movements for the month, lead...
BTC Price Declines To 20k For A Possible Rally
Bitcoin Faces Selling Pressure at $22k as It Declines To 20k for a Possible Rally – June 28, 2022 Since June 26, BTC/USD has been in a downward move as it declines to 20K for a possible rally. For th...
China’s BSN Founder Not Fan of Bitcoin, Calls Crypto a Ponzi Scheme
The CEO of Blockchain-based Service Network (BSN), Yifan He in a published article noted cryptocurrencies as one of the biggest “Ponzi schemes in human history.” Yifan also acts as the CEO of Red Dat...
Bitcoin fights to stay above $20,000 as Saylor buys another $10 million
After dipping to a low of $19,939 early Wednesday morning, bitcoin (BTC-USD) is fighting to find support back above the $20,000 mark. The day’s trading comes at the ending of a painful last two ...
Worst Not Yet Over For Bitcoin Price As Court Orders Three Arrows Capital To Liquidate ⋆ ZyCrypto
Advertisement     Retail investors brace for more bad news after headlines revealed that a court has ordered the liquidation of the beleaguered cryptocurrency fund Thr...
Uzbekistan Presents Registration Requirements for Cryptocurrency Miners – Regulation Bitcoin News
Authorities in Uzbekistan have drafted and put forward for public consultations a set of rules for crypto miners operating in the country. Companies that want to mint digital currencies will have to r...
Crypto Analyst Reveals Big Downside Target for Ethereum, Predicts Bitcoin Bottom Scenario
A popular analyst is digging into the charts to set low-end price targets for the two largest crypto assets by market cap. Pseudonymous crypto trader Altcoin Sherpa tells his 179,500 Twitter followers...
Bitcoin Price Might Drop To $12,500 In the Month Of July Claims Fundstrat Analyst – Coinpedia – Fintech & Cryptocurreny News Media
It’s been a while since the crypto market has seen some good rays of positive market trends. The cryptocurrency market has been hit with volatility since the month of April. Amidst this instability, t...
BTC/USD Prints Below 20000 Again: Sally Ho’s Technical Analysis 30 June 2022 BTC
Bitcoin (BTC/USD) continued to suffer from negative technical sentiment early in the Asian session as the pair tried to recover after trading as low as the 19875 area, representing a test of the 38.2%...
Bitcoin ASIC Miners Plummet To Lowest Price Since Jan 2021
Data shows the price of the Bitcoin ASIC miners has plunged down to the lowest value since January of last year as mining profitability drops off. Prices Of Bitcoin ASIC Miners Have Observed A Decline...
MicroStrategy Snubs Harsh Bear Storm As It Buys Additional 480 Bitcoin During Market Dip ⋆ ZyCrypto
Advertisement     On Wednesday, MicroStrategy (MSTR) announced that it had purchased an additional 480 bitcoins for about $10 million. According to a Form 8-k filed w...
Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves – Finance Bitcoin News
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Communi...
Bitcoin miners are facing harsher conditions despite easier mining difficulty
Despite the decline in mining difficulty, Bitcoin (BTC) miners are facing harsher conditions in the market due to the rising costs of energy and hardware, Coin Metrics’ special State of the Network re...
Cash App Lets Users Invest Spare Change in Bitcoin
Key Takeaways Cash App has announced a new feature that will allow users to “round up” their features and invest the difference. With Round Up, users can put their change into Bitcoin as w...
China’s BSN Founder Hates Bitcoin
A leading local blockchain specialist and CEO of China’s Blockchain-based Service Network (BSN), slammed Bitcoin as a Ponzi scheme while the Chinese government continues to celebrate the collapse of t...
What Happens To Bitcoin Miners If Price Keeps Dropping?
Bitcoin miners have been in a bind for a while now. When the price of the digital asset dropped, it inadvertently affected the cash flow and profits made from mining activities. Hence a lot of miners ...
A British Virgin Islands Court Order Liquidates Crypto Firm Three Arrows Capital – Bitcoin News
According to a recent report from Sky News citing a source familiar with the matter, “cryptocurrency insiders” have said that the troubled crypto hedge fund Three Arrows Capital (3AC) has been formall...
What This Bitcoin Divergence Could Hint About BTC’s Price
Bitcoin is trending downside on lower timeframes and seems to hint at future losses. The number one crypto by market cap records a 3% loss in the past week, but there is a potential sign of hope for t...
Bitcoin price analysis: BTC touches $19,775 as bears threaten another sharp pullback
Source: Coin360 Bitcoin price analysis remains firmly in bearish territory once again as the sellers have bought the price under $20k for a second time in the past three weeks. In the past 24 hours, t...
Bitcoin Miners Bail out as Energy Prices Soar and Profitability Plunges
More and more Bitcoin miners are throwing in the towel amid soaring energy prices and plunging profitability. This has had a knock-on effect on hash rates and difficulty, which are also starting to fa...
Bitcoin, Binance Coin, Polygon, and Uniswap Daily Price Analyses – 29 June Morning Price Prediction
The changes in the global crypto market have remained negative as the market continues to change. It has affected the performance of Bitcoin, Binance Coin, and other major names. The result of these l...
Here Are Bitcoin And Ethereum’s Flaws, Investigation Finds
Security firm Trail of Bits posted a report on potential vulnerabilities that can allegedly affect the Bitcoin (BTC) and Ethereum (ETH) blockchain. Called “Are Blockchains Decentralized?”, the report ...