Vinay Nair, the CEO of investment search engine Magnifi, has stated that the platform is witnessing increased interest from investors seeking opportunities in the crypto markets despite the recent cor...
Category: Bitcoin
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Bitcoin, Ethereum, Decentraland Price Analyses
Bitcoin Analysis Bitcoin’s price closed back above the $30k level on Tuesday and +$588 for its daily session. Unfortunately, for bullish traders, the bearish engulfing candle from Monday’s daily sess...
How MiamiCoin’s failure would hurt the bitcoin-friendly Mayor of Miami?
The recent downfall that the crypto market has seen in a matter of a very short time was full of surprises and shocks simultaneously Amidst the dip that almost every other cryptocurrency across the wh...
Top Crypto Analyst Issues Bitcoin Warning, Says BTC in the Midst of Macrotrend Breakdown
A closely followed crypto strategist is sending a warning to Bitcoin (BTC) traders, highlighting that BTC is flashing a massive bearish signal. Analyst Kevin Svenson tells his 106,500 Twitter follower...
BTC Below $30,000 Again as Crypto Consolidation Extends – Market Updates Bitcoin News
Bitcoin prices dropped during the hump-day session, as bulls were unable to maintain Tuesday’s gains. The world’s largest cryptocurrency once again fell below the $30,000 level, whilst ETH also moved ...
Bitcoin Hashrate: china regains second place in mining
Last year’s ban on Bitcoin mining in China had brought the country’s overall hashrate to virtually zero. The history of Bitcoin mining in China After an initial period of fear, Chinese miners slowly ...
Former Fed chair Bernanke is derogatory on crypto and bitcoin
Ben Bernanke, a predecessor of the current Fed chairman, Jerome Powell, said that bitcoin and other cryptocurrencies were speculative, volatile, and were mostly used for “underground economy activitie...
BitMEX launches spot exchange for Bitcoin for all clients
Crypto-resources launched by bitMEX will be the new contribution that will empower clients They will be able to execute between government issued types of money and crypto-to-crypto exchanging matche...
Bitcoin Cash Recovers above $190 after a Sudden Price Spike
May 18, 2022 at 11:47 // Price Bitcoin Cash (BCH) is in a downtrend after the cryptocurrency fell sharply to a low of $150 on May 12. The May 12 candlestick showed a long, protruding tail indicating s...
TerraLabs Sold Over 80,000 BTC To Rescue Its Stablecoin, Luna
The crypto market has experienced many bloodbaths in the past. But last week’s crash had more catastrophic effects on the market than recent bearish trends, mainly on the stablecoins. UST, a stablecoi...
Vitalik Buterin Says He Wants Ethereum (ETH) To Become a ‘Bitcoin-Like’ System – Here’s What’s Stopping Him
Ethereum (ETH) co-founder Vitalik Buterin says he has a desire to see Ethereum become a system more akin to Bitcoin (BTC). Buterin recently took to Twitter to outline some of the contradictions he per...
BitcoinUSD․com Launches a Market Watch Site – Press release Bitcoin News
press release PRESS RELEASE. BitcoinUSD.com, a website developed to educate the public on crypto exchanges and current prices, launched its new website. The new site provides more information on curre...
This is When the Bitcoin Bull Run May Ignite, But Will it Happen in 2022?
The crypto space since the beginning of the year 2022 is somewhat in a bear market. No doubt some assets made large moves, yet they remained heavily consolidated of-let. Moreover, many who believed in...
China is second-biggest bitcoin mining hub as miners go underground
By September 2021, China made up just over 22% of the total bitcoin mining market, according to Cambridge University research. Paul Ratje | The Washington Post | Getty Images Bitcoin miners aren’...
Australian Taxation Office to Focus on Capital Gains From Crypto Assets – Taxes Bitcoin News
The Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct reporting. The authority has reminded taxpayers they need to ca...
US Solidifies Its Status as Biggest Bitcoin Mining Hub
Alex Dovbnya US has increased its share of Bitcoin mining market The U.S. now accounts for 37.84% of the global Bitcoin mining hashrate, according to new data published by the Cambridge Centre for Alt...
Covert Chinese Bitcoin Miners Still Account For 21% of Network Hashrate: Report
China has reemerged as a major Bitcoin mining hub, with covert miners accounting for more than one-fifth of the network’s hash rate, according to data from the Cambridge Digital Assets Programme (CDAP...
FTX Founder Sam Bankman-Fried Thinks Bitcoin Has No Future as a Payments Network – Bitcoin News
Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payme...
New Data Shows China Still Controls 21% Of The Global Bitcoin Mining Hashrate
China is back with a vengeance. The Cambridge Centre for Alternative Finance, or CCAF, collected data “spanning the period from September 2021 to January 2022” for their latest study. The headline is ...
Educational Resources for Bitcoin: Complete Guide
A common thread among all emergent technologies is that there numerous misconceptions, general confusion, and many times, outright dismissiveness of the particular technology. While that is to be expe...
Nasty Recession Imminent, Warns Macro Guru Raoul Pal – Here’s His Outlook for Bitcoin, Ethereum and the Crypto Markets
A popular macroeconomic expert thinks the world is going through a recession period but remains confident that cryptos will be a viable investment class in the long term. In a new interview with the I...
Madeira ‘embraces’ Bitcoin, and how its president met Michael Saylor
The tiny Portuguese archipelago of Madeira has “adopted” Bitcoin (BTC) — but what does that mean? The announcement, made during the Bitcoin 2022 conference in Miami, has spurned confusion and misinfor...
Bitcoin mining stock report: Monday, May 16
As a new week of trading commenced, most bitcoin miners’ stocks went down during Monday’s trading session. Iris Energy, in particular, fell by 36.45% on Nasdaq. Riot, Marathon and Core Sci...
Justice Department Charges Defendant With Sending $10M in Bitcoin to Sanctioned Country
The Justice Department has filed criminal charges against an unnamed defendant who allegedly sent more than $10 million worth of Bitcoin in an attempt to skirt economic sanctions. In an opinion publis...
Underground Bitcoin Mining Pushes China to 2nd Spot in Terms of Hashrate, Study Reveals
The ban on cryptocurrency mining by the Chinese government has not shelved mining activities in the country. New data from the Cambridge Centre for Alternative Finance (CCAF), which publishes the Camb...
Bitcoin’s 3-day death cross reveals if BTC can move down to $20,000
If you are invested in the cryptocurrency market, chances are that you are wondering where Bitcoin is headed. The latest events in the last two weeks suggest that BTC is due for a bullish recovery. Ho...
Algoracle Announces $1․5 Million Seed Round – Press release Bitcoin News
press release PRESS RELEASE. Algoracle has recently announced the close of its seed round for $1.5 million (USD) to help accelerate the development and launch of Algorand’s native decentralized oracle...
Bitcoin Is Mainly Used in Underground Economy for Illicit Activities
Ben Bernanke says the main use of bitcoin is mostly for underground economy activities BTC Price at the time of writing – $30,350.79 BTC Market Cap is up by 3% in the past 24 hours Previous Fede...
Internet Service Company Cloudflare to Run Ethereum Validator Nodes as Part of Its Web3 Focus – Bitcoin News
Cloudflare, an internet services and DDoS protection company, has announced a new strategy regarding its Web3 experiments. The company revealed it will run Ethereum validator nodes as part of its comm...
Kwik Trip to Install 800 Bitcoin ATMs in Several States
Alex Dovbnya Wisconsin-based convenience store Kwik Trip is set to install hundreds of Bitcoin ATMs Wisconsin-based convenience store Kwik Trip has announced a tie-up with Texas-based cryptocurrency f...