Bitcoin miners’ exchange flow reaches 7-month high as BTC price tanks below $21K

Bitcoin’s (BTC) price tanked to a 52-week low of $20,800 earlier on Wednesday, down by over 70% from its all-time high of $68,788. Although the price has since recovered above $21,000, key market indi...

“It’s Better to Sell Bitcoin Now and Rebuy Lower”: Peter Schiff

Yuri Molchan Prominent economist and crypto opponent expects Bitcoin to fall as low as to test support at $5,000, selling it now is best to rebuy lower, he says Contents “Hard to imagine BTC not...

Michael Saylor Clarifies MicroStrategy Bitcoin Loan Margin Call Concerns 

MicroStrategy CEO Michael Saylor has clarified that the company’s strategy allows it to hold bitcoin (BTC) through volatile times, easing market concerns the firm was facing a margin call on its bitco...

Bitcoin back to Stone Age? On-chain answer will not startle you

With Celsius and Three Arrows Capital already in line for insolvency, the crypto market has taken a huge hit in recent days. At the heart of it is Bitcoin, with the king coin down to its lowest value ...

Veteran Trader Peter Brandt Warns Of More Downside As Bitcoin, Ethereum Knock At Support ⋆ ZyCrypto

Advertisement &nbsp &nbsp Veteran stock and derivatives trader Peter Brandt has predicted a further plunge for Bitcoin and Ethereum. In a series of tweets spanning the last fo...

Hedge Fund Billionaire Anthony Scaramucci Says His Firm Bought the Carnage on Bitcoin (BTC) and Ethereum (ETH)

SkyBridge Capital founder Anthony Scaramucci says his firm is still buying Bitcoin (BTC) and Ethereum (ETH) despite the crypto market crash. In a new interview with CNBC, the hedge fund veteran says t...

US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994 – Economics Bitcoin News

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...

Will MicroStrategy face a Bitcoin margin call?

As you are likely aware if you hold even $1 of crypto, the markets are brutal right now. Ethereum dipped below $1,000 this morning, while Bitcoin is flirting with the $20,000 mark – numbers which are ...

Fidelity’s Timmer Explains Why Bitcoin May Be Cheaper Than It Looks

Alex Dovbnya Fidelity’s Jurrien Timmer claims that world’s largest cryptocurrency may be severely undervalued In a recent thread, Jurrien Timmer, director of global macro at investment gia...

MicroStrategy denies receiving a margin call against $205M BTC-backed loan

? Want to work with us? CryptoSlate is hiring for a handful of positions! Business intelligence company MicroStrategy claims it has not received a margin call against the $205 million Bitcoin (BTC)-ba...

El Salvador Finance Minister: Bitcoin Crash Poses ‘Extremely Minimal’ Fiscal Risk

The ongoing crypto market crash poses an “extremely minimal” fiscal risk to El Salvador, which has purchased millions in Bitcoin for its treasury, the country’s finance minister said...

Bitcoin Fear and Greed Index Dumps to Lowest Levels Since the COVID-19 Crash

Amid the ongoing massacre in the cryptocurrency market, the popular Bitcoin Fear and Greed Index has plummeted deep into an “extreme fear” state. In fact, the metric is at its lowest position since th...

Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency – Bitcoin News

According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liqu...

Microstrategy CEO Michael J. Saylor on Bitcoin price outlook: This is ‘ideal entry point’ for investors

MicroStrategy CEO Michael J. Saylor has said that Bitcoin (BTC-USD) at its current price levels offers an opportunity and the “ideal entry point” for any investor looking to get in. Bitcoin fell to lo...

Price and Value of Bitcoin Completely Decoupling, Says Morgan Creek’s Anthony Pompliano

Morgan Creek Digital co-founder Anthony Pompliano is assessing the state of Bitcoin (BTC) after the top crypto asset by market cap lost two-thirds of its value since reaching a new all-time high last ...

Bitcoin Might Hit Bottom Between September – November. Here’s How Low BTC Price Can Drop – Coinpedia – Fintech & Cryptocurreny News Media

The sharp uptick in inflation and the Federal Reserve interest rate increases have triggered a sell-off across the crypto market. Bitcoin Price continues to bleed this week now hovering just above $20...

Crypto Experts Explore Whether Bitcoin is a Hedge Against Inflation!

The value of Bitcoin has dropped from around $70,000 to below $30,000 as the entire crypto market experienced a downturn. The analysts predict that the crypto asset will continue to experience further...

Ternoa, First NFT-Centric Blockchain, Releases Mainnet Setting to Disrupt NFT Economy – Press release Bitcoin News

press release PRESS RELEASE. Paris, France, 15 June 2022: Ternoa is a layer 1 open-source blockchain ecosystem that facilitates the adoption of utilitarian NFTs by giving developers full technological...

Fed Announces Biggest Interest Rate Hike in 28 Years; Bitcoin Gains

“Overall economic activity appears to have picked up after edging down in the first quarter,” the Fed said in Wednesday’s statement. “Job gains have been robust in recent month...

El Salvador’s Big Bitcoin Gamble Backfires to Deepen Debt Woes

(Bloomberg) — Most Read from Bloomberg An epic rout that has wiped out about two-thirds of Bitcoin’s value is exacerbating the debt crisis in the world’s most crypto-friendly country. In the yea...

This is When Bitcoin (BTC) & Ethereum (ETH) Price Could Break $20,000 & $1000

Bitcoin & Ethereum prices yet again successfully defended their respective crucial zones at $20,000 & $1000. The assets are currently undergoing huge bearish pressure which is being challenged...

If $20K Breaks, This is The Next Level BTC is Likely Headed

Bitcoin’s price has been in a free-fall during the past few days after it broke below the $30K support level. It’s now found close to the critical point at $20K, so it’s important to see what will be ...

Bitcoin Holders To Remain Cautious As Correlation With Stocks Continues

Bitcoin’s correlation with the stock market has been on the rise over the last year. What started out slowly had quickly ramped up in the last few months to reach the highest correlation points in rec...

Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit – Bitcoin News

Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. The Tron DAO Reserve has deployed more tron tokens and USDC...

Bitcoin Crash Sends Institutional Investors Running For The Hills

Small and retail investors are not the only ones getting hit hard by the Bitcoin crash. Institutional investors are also feeling the heat of the market crash. This has sent the institutional investors...

Tron DAO Purchases $50M Worth of Bitcoin and TRX To Safeguard Blockchain Industry & Crypto Market

In an announcement, Tron DAO reserve, an organization that oversees the USDD’s reserves, reveals that it has purchased Bitcoin(BTC) and Tron(TRX) worth $50 million. Tron made the announcement in a twe...

Top Fidelity Macro Analyst Says Bitcoin (BTC) Way Oversold as Key On-Chain Metric Reaches 2011 Levels

Fidelity’s director of global macro Jurrien Timmer is updating his outlook on Bitcoin (BTC) as the leading crypto asset by market cap struggles near the $20,000 level. Timmer tells his 126,000 Twitter...

NYC Mayor Eric Adams Wants New York Governor to Veto State’s Bitcoin Mining Ban

New York City’s Bitcoin-friendly mayor Eric Adams is strongly opposing a recent bill passed by the New York State senate to impose a two-year moratorium on new fossil fuel-powered proof of work ...

MATIC Slides to 1-Year Low as LINK Rebounds Following Losses – Market Updates Bitcoin News

MATIC fell to a one-year low on Wednesday, as crypto markets continue to crash this week. The decline sees MATIC almost 10% lower, and comes as LINK rebounded on Wednesday, hitting a four-day high in ...

Senior commodity strategist suggests $20k Bitcoin may be the new bottom

With Bitcoin plunging by over 50% from its last all-time high, a section of the crypto market is keenly monitoring the asset regarding the next price movement amid the heightened volatility. However, ...

No, MicroStrategy Is Not Facing Margin Call on Bitcoin Loan

Alex Dovbnya MicroStrategy CEO Michael Saylor has denied that his company is facing a margin call due to the Bitcoin price rout MicroStrategy CEO Michael Saylor has refuted speculation about his compa...

Is MicroStrategy about to double down with a $500M Bitcoin buy?

? Want to work with us? CryptoSlate is hiring for a handful of positions! Bitcoin-bull Max Keiser tweeted that MicroStrategy has board clearance to make a $500 million BTC buy. He added that the compa...