Economic Daily, an economic newspaper run by the Chinese state, has published an article noting problems with investing in the metaverse. The article says that metaverse investments might not be suita...
Category: Bitcoin
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Bitcoin Cash Reaches Bearish Exhaustion as It Hits the $95 Low
Nov 10, 2022 at 11:00 // Price The price of Bitcoin Cash (BCH), which reached a high of $124 on November 4, is now in an upward correction. The resistance area of $120 was strongly rejected by BCH the...
Bitcoin Price Plunges 15%, Can Buyers Save The Key $15K Support?
Bitcoin price declined over 15% and even traded below $16,000. BTC remains at a risk of more losses if it breaks the $15,000 support zone. Bitcoin remained in a bearish zone after the FTX collapse and...
Galaxy Brings Bitcoin ETF to Brazil With TradFi Giant
Galaxy Digital has launched a bitcoin ETF in Brazil via a partnership with Latin America’s largest private asset manager in the latest example of crypto and TradFi colliding. The crypto unit has team...
Use this Strategy to Earn 147% on Your Bitcoin
SPONSORED POST* The price of Bitcoin is still stuck below $20,000 and other major coins are also continuing to experience a loss in value. Many believe that prices will rally given time, but for now, ...
What to Know before getting into Bitcoin ETFs
Bitcoin may have started as a digital currency, but it is now commonly used as an investment vehicle. As the price has climbed, we have not only seen more individuals entering the crypto markets as in...
Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low – Africa Bitcoin News
Just a few days after plummeting to its worst exchange rate against the U.S. dollar ever, the Nigerian currency was trading at around 820 units for every dollar on Nov. 8, a report has said. An econom...
Subway accepts Bitcoin for payments
Subway, the world’s largest fast food franchise, is testing the Bitcoin layer 2 Lightning Network payment solution, which is hyper-fast and almost completely free. Thus it will soon be possible for us...
Grayscale Bitcoin Trust trading at discount of more than 40% amid market tumult
The Grayscale Bitcoin Trust (GBTC), which has been trading at a discount since the beginning of 2021, hit a record low on Wednesday. GBTC is currently trading at a discount of -40.7%, its lowes...
BTC Price Plunges to $16.4K
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Risks Further Decline as BTC Price Plunges to $16.4K – November 10, 2022 The price of BTC/USD has plummeted past the prev...
Bitcoin Lightning Network Explained – Coindoo
When the Bitcoin large-scale adoption discussion occurs, it fails due to low transaction speed. So, to solve this issue, the Layer 2 Lightning Network makes cryptocurrency possibly even faster than ma...
Bitcoin vs. S&P 500: the ugly truth
The cryptocurrency world is in shock, as the world’s third largest exchange, FTX, is insolvent. A lot has been said about the fall of the FTX and its CEO, once dubbed the next Warren Buffet, but...
$200B Gone From Crypto Markets in 2 Days as Bitcoin Slumped to $15.5K
Bitcoin, and the entire market for that matter, has seen better days as the asset plummeted to multi-year lows of $15,500. The alternative coins suffered just as badly, but some, such as SOL and FTT, ...
Bitcoin: A-Z of how the king coin fared following FTX’s proposed acquisition
Bitcoin’s price fell below the $17,500 mark for the first time in two years Short traders who had hoped for a further decline in price got liquidated Binance CEO Changpeng Zhao’s confirmation of the i...
Top Crypto Analyst Updates Outlook on Bitcoin and Solana, Says One Ethereum Rival Still Looking Strong
A widely followed analyst is laying out his forecast for Bitcoin (BTC) and two Ethereum (ETH)-rivals as the crypto market goes deeper into the red territory. In a new video, Jason Pizzino tells his 27...
Queen Maxima of Netherlands Sees Multiple Benefits of Digital Euro – Regulation Bitcoin News
Queen Maxima of the Netherlands has outlined multiple benefits central bank digital currencies (CBDCs) could bring, particularly in the area of financial inclusion. “Governments could use a digital eu...
Users Can Get Sandwich on Lightning Network as Subway Accepts Bitcoin
To encourage this initiative, users who make payments in BTC on all footlongs, and meatball marinaras would have a 10% discount. Subway, the largest franchise in the world, is reportedly tapping into ...
Bitcoin Free Fall Continue, Will BTC Price drop Below $10K ?
The collapse in the price of bitcoin has destroyed liquidity levels going all the way back to 2020. After the crypto industry had a high-profile liquidity issue hitting the FTX exchange, the market to...
World’s Worst Performing Currency, the Cedi, Reverses Gains — Economist Steve Hanke Says Ghana Inflation Now Over 140% – Economics Bitcoin News
Just days after registering marginal gains against the U.S. dollar, the Ghanaian currency — the cedi — slipped to C14:$1 versus the U.S. dollar on the foreign exchange parallel market on Nov. 7. The c...
Binance Pulls Out OF FTX Deal, Bitcoin Crashes Below $16,000
Crypto exchange Binance is officially out of the FTX agreement. According to an official statement, the company won’t purchase its competitor. Via its official Twitter handle, Binance claims that regu...
Terra Classic (LUNC) Up 7% in 24 Hours, Beats BTC, ETH
– Advertisement – Terra Classic (LUNC) is doing well against the market. Despite market-wide carnage, which has seen the top two crypto-assets tumble to new lows, BTC is down 10%, trading ...
Analyst Who Completely Nailed 2022 Crypto Crash Sets New Targets for Bitcoin and Ethereum
The crypto analyst who called this year’s crypto crash is forecasting imminent new lows for Bitcoin (BTC) and Ethereum (ETH). The pseudonymous analyst known as Capo tells his 618,400 Twitter followers...
Bitcoin (BTC), Ripple (XRP) See Upward Growth While Orbeon Protoc…
Bitcoin (BTC), Ripple (XRP), and Orbeon Protocol (ORBN) are the three projects that are currently the talk of the investor community. Crypto investors are happy with the news that Bitcoin (BTC) and R...
Egyptian Fintech Raises $31 Million in Series B Funding Round – Fintech Bitcoin News
Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $31 million. The funds will be used to financ...
Bitcoin Crash To Get Worse, Analyst Predicts Bottom Levels For BTC
The current downfall, followed by the collapse of FTX’s native token, may be a wake-up call for another crypto crash ahead. Following the recent news of Binance’s acquisition of its rival crypto excha...
Despite Disappointing Q3 Results, Marathon Is Now the Second-Largest BTC Holder
One of the leading crypto miners – Marathon Digital Holdings – recorded a net loss of $75.4 million, or $0.65 per share, during the third quarter of the year due to decreased production and the declin...
Brussels to Put Out Digital Euro Law Shortly, ECB’s Lagarde Says – Finance Bitcoin News
The European Commission is going to present a legislative proposal for a digital euro in the near future, President of European Central Bank Christine Lagarde has indicated. EU legislators are expecte...
Brandt Says Fifth Worst Decline Is Taking Bitcoin To $10K
– Advertisement – Veteran Analyst Peter Brandt Says the Current decline is the fifth worst decline in history. Veteran market analyst Peter Brandt has taken the edge off his followers by s...
Bitcoin Mining Firm Riot Blockchain Reports $36.6M Quarterly Loss
11 hours ago | 2 mins read Bitcoin News Riot participated in a curtailment procedure in Texas. Many Bitcoin miners have been hit hard by the ever-increasing cost of electricity. Riot Blockchain, a maj...
BitMEX Founder Arthur Hayes Updates Price Targets for Bitcoin, Ethereum and Solana Amid Crypto Market Meltdown
The outspoken founder of the derivatives exchange BitMEX is updating his crypto outlook amid a brutal market meltdown. Arthur Hayes believes the bottom is not yet in and forecasts further fallout is i...
Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX – Bitcoin News
According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bai...
Bitcoin Price Tanks Below $16K As Binance Pulls FTX Deal
Crypto and stocks extended their declines Wednesday as investors kept their eyes peeled for pending midterm election results and updates regarding apparently canceled plans for Binance to purchase FTX...