Alex Dovbnya No “soft landing”? Mike Novogratz predicts that the economy will enter into a recession In a recent interview with Bloomberg, Galaxy Digital CEO Mike Novogratz predicted that it would tak...
Category: Bitcoin
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Bitcoin Consumes Million Times More Energy Than Credit Cards: IMF Report
Alex Dovbnya The IMF has taken aim at Bitcoin’s energy use in its new report According to a new report published by the International Monetary Fund, Bitcoin, the world’s largest cryptocurrency, ...
Virtual Currency-Based Sale Agreement an Invalid Contract, Chinese Court Rules – Regulation Bitcoin News
A virtual currency cannot be circulated in the market as a currency, therefore a vehicle sale contract wherein parties agreed that the buyer would pay with a privately issued digital currency is inval...
Grayscale Bitcoin Negative Premium Charts All-Time Low
The dramatic collapse in UST brought tremendous selling pressure, catching many off-guard. But the subsequent negative macroeconomic conditions have adversely affected the cryptocurrency market as a w...
GBTC Discount Hits All-Time Low as SEC Bitcoin ETF Decision Looms
Shares of the Grayscale Bitcoin Trust (GBTC) have continued to slide, trading at a discount of 33.75% to the spot price of Bitcoin—a new all-time low since its inception in 2017. GBTC is a financial v...
Bitcoin Isn’t Going Away, but Will Take a While to Recover
Mike Novogratz, a prominent Bitcoin bull and the CEO of digital asset investment firm Galaxy Digital, noted that cryptocurrencies are here to stay even though it will take a while for the market to tu...
Here’s One Silver Lining to Bitcoin Potentially Retesting $20,000
Alex Dovbnya Peter Brandt is expecting Bitcoin to see relief rally if it ends up retesting $20,000 Bitcoin has once again slipped below the $21,000 level, meaning that a retest of its 2017 high remain...
Bitcoin uses 56 times less energy than classical system
? Want to work with us? CryptoSlate is hiring for a handful of positions! A recently published study compared Bitcoin’s and traditional finance’s energy requirements to find that Bitcoin currently use...
Adam Back Reiterates $100K BTC Price Prediction
Despite the recent pullback of the cryptocurrency market, the British cryptographer and an outspoken supporter of bitcoin – Adam Back – thinks the asset could tap $100,000 by the end of 2022. He also ...
What If BTC Price Loses $20000 support?
Published 14 hours ago The Bitcoin(BTC) price has dropped to a new 2022 low of $20178, accounting for 70% loss since the November All-Time High of $68789. Thus, the coin price tested the shared suppor...
Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year – Defi Bitcoin News
Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today’s $74....
Bitcoin, Ethereum, VeChain, and Helium Daily Price Analyses – 17 June Roundup
There has been little change in the performance of the global crypto market. The changes in the value of Bitcoin and other coins show that the market bearishness has continued unaffected. The changes ...
MicroStrategy’s BTC Margin Call Is No Threat, But It Has Been Useful: Michael Saylor
Yuri Molchan Head of business software behemoth has explained why no margin call threatens it over its Bitcoin stash Contents “Much ado about nothing” “Ideal entry point” Micha...
Largest Whale Inflow of $116,000 BTC Spotted; What Might It Mean for Price?
On-chain analytics firm IntoTheBlock suggests that Bitcoin whales might have swooped back into action. The largest inflow since February, with 116,000 BTC transferred, was spotted via the large holder...
How Gain Bitcoin Swindled Users Out of Over $12 Billion
An Indian-based company called Gain Bitcoin was accused of running one of the largest scams in the country. Back in March 2022, authorities shut down this illegal operation that was suspected to steal...
BTC Price Faces Stiff Resistance at $23K
Bitcoin Risks Further Decline as It Faces Stiff Resistance at $23K – June 17, 2022 Bitcoin (BTC) is now trading marginally above the $20,000 psychological price level as it faces stiff resistance at $...
Celsius Drama, 3AC Insolvency Rumors, Bitcoin Amid $20K: This Week’s Crypto Recap
The market has taken a beating over the past seven days, and it’s not looking very good at the time of this writing. Bad news came from various fronts, which resulted in close to $400 billion being wi...
Bitcoin Miners Continue To Sell As Outflows Spike Again
On-chain data shows Bitcoin miners have continued their selling as outflows from their wallets have once again spiked up. More Than 2.5k BTC Flows Out Of Bitcoin Miners’ Reserve As pointed out by an a...
SEC, State Regulators Probe Crypto Lender Celsius Over Accounts Freeze – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender Celsius Network to freeze withdrawals. U.S. Securities Regulat...
Revoland Holding IDO on EverStart – Press release Bitcoin News
press release PRESS RELEASE. EverStart, a DAO-controlled multi-chain launchpad built on the Everscale blockchain network and Revoland, a blockchain-based MOBA & Battle Royale video game, are partn...
Mike McGlone Says $20,000 Is The New $5,000 For Bitcoin, But Is He Right?
With the recent Bitcoin price crash has come a number of speculations out of the market. Amateurs and experts alike have been giving their predictions on what they believe will happen going forward. W...
Binance CEO Says Industry Growing As “In 2017, We Thought Bitcoin $20K Very high, Today, We Think $20K is Painfully Low”
– Advertisement – Binance CZ has remained positive about Bitcoin despite the collapse of the crypto market. Changpeng “CZ” Zhao, the CEO and founder of the world’s largest cryptocurrency ...
Gazprom Neft Will Supply Energy to Bitcoin Mining Farms in Russia
After Russia’s invasion on Ukraine, when both the countries are settling slowly, all the restricted crypto services in Russia are heading up. As with the speed of losing the crypto users in the countr...
Bitcoin Approaching Mid-Term Halving, Here’s How BTC Price Will Perform
At the moment, the crypto market is hit with a massive crisis. Hence, market participants are looking at macro-economic data such as Bitcoin halving phases and its influence on the crypto market rathe...
Bitcoin Facing $20K, This is What Will Happen if It Breaks Down (BTC Price Analysis)
The bitcoin market has been in a blood bath after registering a new all-time high at the $69K level, followed by a period of moving inside a bearish descending channel. The only question now is if $20...
Kenyan Law Enforcement Agency Arrests Two Students Accused of Using Stolen Funds to Buy BTC – Regulation Bitcoin News
Two Kenyan students accused of hacking credit cards and using the ill-gotten funds to buy bitcoin have been arrested by the Directorate of Criminal Investigations, a statement from the law enforcement...
Miners Selling Their Bitcoin Is Bullish Signal, Nic Carter Explains
In the latest episode of Anthony Pompiliano’s “Best Business Show,” guest expert Nic Carter, a well-known Bitcoin maximalist and partner at Castle Island Ventures, shared a number of...
Panama’s President Vetoes Law That Would Have Regulated Bitcoin, Legalized DAOs
Panama’s “Crypto Law” came to a grinding halt today after President Laurentino Cortizo partially vetoed the bill. President Laurentino Cortizo made the move on the grounds that it “requir...
Bitcoin’s Crash Opens Up Regulatory Possibilities
Bitcoin is trading more than 65% below its peak. And after all of these cultural and technological changes, it still did crash. One part of the world is moving aggressively toward cryptocurrencies and...
Top Trader Warns Bitcoin (BTC) Support Looks ‘Weak AF,’ Analyzes Total Crypto Market Cap
A widely followed crypto analyst is warning traders Bitcoin (BTC) looks ready to fall further along with the rest of the markets. Crypto trader Justin Bennett tells his 101,300 followers that BTC will...
Bitcoin Detractor’s Predictions Swim Into View, Should You Be Worried?
Peter Schiff has been a long-time detractor of bitcoin and he has not been shy about these views. But as the saying goes that even a broken clock is right two times a day, Schiff’s predictions have al...
As Bitcoin Exchange Inflows Rise Cardano Founder Charles Hoskinson Comments: “Stop! He’s Already Dead”
– Advertisement – Cardano Founder Charles Hoskinson Reacts to Rising Bitcoin Exchange Inflows, Says BTC Is “Already Dead”. The Cardano boss is concerned about the rapid inflow of BTC to ex...