A popular crypto analyst is using one particular metric to plot out where Bitcoin (BTC) might be headed on the price charts. In a new strategy session, Benjamin Cowen tells his 748,000 YouTube subscri...
Category: Bitcoin
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Despite the Bear Market, Michael Saylor Explains Why Bitcoin Is Going to $1M
One of bitcoin’s biggest proponents – Michael Saylor – reiterated his viewpoint that the digital asset is a better financial instrument than gold. Contrary to the ongoing crypto winter and the numerou...
Bitcoin: Bull run or a bear halt? Here’s what crypto analysts are suggesting
Major analysts across the crypto industry are predicting a bear run for Bitcoin [BTC] despite a recent price surge. Furthermore, a majority of the population holding the token is also reporting a nega...
Checkout.com Reveals Merchants Can Accept and Make Payments in USDC – Bitcoin News
On Tuesday, the financial technology company Checkout.com announced that it will allow merchant settlements using the stablecoin USDC via a partnership with the crypto firm Fireblocks. Checkout.com fu...
Pros and Cons of Investing in Bitcoin
Bitcoin, widely known as the world’s first cryptocurrency, has emerged as one of the most popular and valuable cryptocurrencies in recent decades. Because of the decentralized nature of the currency, ...
Bitcoin ETPs Buck Crypto Winter Trend, Boast New ATH
With the rise of bitcoin in 2021 had come more institutional interest in the digital asset. Funds quickly adapted to the changing landscape, offering new ways for their clients to get exposure to the ...
When Will BTC Consolidation End?
Published 7 hours ago The Bitcoin(BTC) price responding to the descending trendline, faced another reversal on June 7th. Thus, continuing with a follow-up candle, the coin price registered a 2.82% in...
New NFT Marketplace, myNFT, Seals $7m in Funding to Make NFTs Accessible to All – Press release Bitcoin News
press release PRESS RELEASE. New London-based NFT marketplace platform, myNFT, has announced its upcoming launch with the news that it has received Series A funding from some of the most prominent inv...
As Bitcoin Slumps, BTC Miners Sell Of Their Tokens Creating Panic In The Market
The broader crypto market has been in a state of a downward price swing, with Bitcoin going lower almost daily. Before now, Bitcoin miners have put away some BTC tokens waiting for their sunny days to...
PayPal will allow transfers in Bitcoin and Ethereum
PayPal announced on Tuesday that its users can now move funds from the platform to external wallets in Bitcoin and Ethereum. PayPal implements the transfer of Bitcoin and Ethereum The fintech giant op...
Bitcoin Transferred $98,769 of Value for Just $1 in Fees Last Month, Analyst Says
Despite the consolidation happening in the Bitcoin market, the leading cryptocurrency has emerged as an efficient settlement network based on the low fees charged. Dylan LeClair, an analyst at UTXO Ma...
Bitcoin mining stock report: Tuesday, June 7
A large number of bitcoin miners saw their stocks fall on Tuesday. Cipher Mining, Argo Blockchain and Iris Energy posted some of the largest drops — -7.80%, -5.31% and -4.72%, respectively. Argo annou...
Circle Announces the Stablecoin USDC Is Now Supported by the Polygon Network – Altcoins Bitcoin News
Circle, the issuer of the stablecoin usd coin (USDC), announced that the project is now supported on the Polygon network. The stablecoin with the second-largest market capitalization can now be withdr...
New York governor yet to commit to signing Bitcoin mining ban into law
New York Governor Kathy Hochul has yet to publicly commit to signing a controversial bill that would ban proof-of-work (PoW) crypto mining, instead noting that her team will be looking “very closely” ...
Weekly inflows into Bitcoin-based products record notable gains
The cryptocurrency market could be down, but this has not affected inflows to crypto-based products. In May, the weekly inflows into crypto funds were at an average of $66.5M. Compared to the $49.6M w...
Jack Dorsey’s Block Sees BTC Leading in the Years to Come
Jack Dorsey’s company Square – which is now referred to as “Block” – is looking to shift gears a bit and doesn’t want to be viewed purely as a payment firm. Rather, it wants to be looked at as a finan...
LINK Remains Near 1-Month High, as ADA Extends Bull Run – Market Updates Bitcoin News
LINK remained close to a one-month high earlier in today’s session, as crypto markets shook off some of Tuesday’s volatile moves. Although price volatility remained, bulls returned to show force, with...
Grayscale hires former Solicitor General to help force Bitcoin ETF approval
Grayscale Investments has hired a former U.S. Solicitor General in preparation for a potential legal spat with the U.S. Securities and Exchange Commission (SEC), should the regulator reject its applic...
Iris Energy mined 10% more bitcoin in May
Iris Energy reported a 10% increase in Bitcoin mined during May (totaling 151 BTC), over the previous month. The company also said in a statement Tuesday that its average operating hash rate rose to 1...
Bitcoin Short-Term Holders Approaching Peak Pain As BTC Trades Below $30,000: Analytics Firm Glassnode
Analytics firm Glassnode is revealing short-term Bitcoin (BTC) holders are sitting on losses as the flagship crypto asset trades below a key psychological level. Glassnode says nearly all the short-te...
Bitcoin declared ‘dead’ 52% less in 2022 despite bear market vibes
The cryptocurrency market has turned green once again after weeks of volatile price movement, with Bitcoin (BTC) leading the recovery effort by showing, for now, at least indications of stabilizing ab...
Binance US Adds Staking Services for 7 Different Crypto Assets – Bitcoin News
Binance US is now offering crypto staking services and the firm details that seven digital currencies are currently available with annual percentage yields (APYs) up to 18%. Customers can earn yields ...
America has ‘crossed the chasm,’ says Bitcoin will not be banned
Wyoming senator Cynthia Lummis has acknowledged that the United States has crossed the chasm concerning Bitcoin (BTC), maintaining that the asset is here to stay with no room to ban it. Lummis made th...
Bitcoin price analysis: BTC continues consolidation around $30,500, further downside incoming?
Bitcoin price analysis is bearish today as we have seen failure to reach further upside since morning as the $30,500 resistance gets respected. Therefore, BTC/USD should continue testing further downs...
Singapore’s ADDX Recognizes BTC, ETH, USDC for Onboarding of Accredited Investors
ADDX, a private market trading platform backed by Singaporean exchanges, will recognize bitcoin, ether, and USDC holdings of investors for granting “accredited investor” status to them. Onboarding of ...
Bitcoin, Binance Coin, Decred, and AMP Daily Price Analyses – 8 June Morning Price Prediction
The performance of the global crypto market has continued to fluctuate. The changes in the value of Bitcoin and other currencies have continued. As the value of these coins has continued to change, th...
BTC Continues to Consolidate, Prices Move Slightly Above $30,000 – Market Updates Bitcoin News
Bitcoin moved away from Tuesday’s lows during the hump-day session, as prices were once again above $30,000. Prices have been hovering above and below this level over the last few weeks, with no signi...
Bitcoin Cash is Unable to Break $210 High, While the Altcoin Risks a Drop to $150
Jun 08, 2022 at 13:12 // Price Bitcoin Cash price (BCH) is in a downward correction, but is currently consolidating below the moving averages. Bitcoin Cash price long-term analysis: bearish On M...
Custodia bitcoin bank sues Fed over master account application delay
Citing an unlawful delay of 19 months over its application for a master account with the Federal Reserve, Custodia has today started a federal court action against the Federal Reserve Board and the Fe...
While DeFi Total Value Locked Fell by 51% Since the End of Q1, Arrakis Finance Amassed $1 Billion TVL – Press release Bitcoin News
press release PRESS RELEASE. Zug, June 08, 2022 — As markets continue to tumble, Arrakis Finance, a yet relatively unknown & tokenless project, just reached a new milestone — a total value locked ...
Bitcoin Miners Accumulate 1.8 Million BTC – Trustnodes
Bitcoin miners have turned to selling again at the rate of about 3,300 bitcoin a month according to the blockchain analytics startup Glassnode. Miners sold about 10,000 bitcoin since April, worth abou...
Grayscale Hires Former Solicitor General Ahead of Bitcoin ETF Decision
Key Takeaways Grayscale has retained the former U.S. Solicitor General Donald B. Verrilli, Jr. Verrilli will allegedly work to help the firm convert the Grayscale Bitcoin Trust to a spot Bitcoin ETF. ...