New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate. While China...
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CFTC Chair labels Bitcoin, Ethereum as commodities
Rostin Behnam, the Chair of the Commodity Futures Trading Commission (CFTC), claimed Bitcoin (BTC) and Ethereum (ETH) are commodities. He said this during an interview with CNBC’s Squawk Box on Monday...
3 Metrics That Point Out Bitcoin May Ignite a Larger Move Very soon!
Bitcoin in a longer time frame appears to be pretty unsure of its upcoming move, but in the short-term, the asset is on the verge to make a huge move. In a 4-hr chart, the price is swinging with a bul...
BTC/USD Drifting Sideways Around 30000 Figure: Sally Ho’s Technical Analysis 18 May 2022 BTC
Bitcoin (BTC/USD) extended its sideways trading activity early in the Asian session as the pair continued to hover around the 30000 figure after recently trading as high as the 31418.35 area, represen...
Bitcoin Spot Volume Soars, 7-Day Average Tops $10B
Data shows the Bitcoin 7-day average spot trading volume has continued to shoot up this week as trading activity in the market lights up. Bitcoin Market Observes More Than $10 Billion In Volume In Pas...
Terra Community Plans to Vote on Forking the Chain — Launch May Airdrop a Billion New Tokens to Network Participants – Bitcoin News
Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the Terra ecosystem revival plans and one specific proposal will be voted on May...
Crypto Carnage Causes Flight To Bitcoin Safe Haven, Dominance Demonstrates
The crypto bloodbath continues to rage on, as bitcoin drops 13%, although to a lesser degree than what was experienced last week. Due to this, there have been several migration patterns recorded in cr...
Bitcoin, Bukele and a bevy of central bankers meet in El Salvador
This week, 44 central bankers from developing countries around the world are attending a conference in El Salvador to discuss financial inclusion, financing for small and medium-sized businesses and B...
Ben Bernanke sees no value in Bitcoin- The Cryptonomist
Ben Bernanke, former Fed Chairman, sees Bitcoin as only useful for illicit uses. Former Fed Chairman Ben Bernanke sees only negative utility in Bitcoin Who knows how many may remember Ben Bernanke, th...
Bitcoin price analysis: BTC not yet ready to continue higher, retest of $29,500 overnight?
Bitcoin price analysis is bearish today as we have seen failure to continue higher after another higher low was set at $29,500 yesterday. Therefore, BTC/USD should retest the support next and potentia...
The First Rewards Card for the Web3 World by The Crypto Card Club – Press release Bitcoin News
press release PRESS RELEASE. An emerging NFT company, The Crypto Card Club, has developed an innovative system that aims to recognise and reward investors by merging real-world reward point systems wi...
Bitcoin, Binance Coin, Aave, and Klaytn Daily Price Analyses – 17 May Morning Price Prediction
The performance of the global crypto market has improved after facing severe bullishness the other day. At the start of the new day for Bitcoin and others, the changes in its value have given the mark...
Bitcoin Market Plunges Into Extreme Fear, How Scary Does It Get?
Data shows the Bitcoin market sentiment has remained deep in extreme fear this week as broader financial markets also get fearful. Bitcoin Fear And Greed Index Shows A Value Of 12 This Week As per the...
BTC-gold ratio suggests Bitcoin is at ‘solid support’
The Director of Global Macro at Fidelity, Jurrien Timmer, tweeted his analysis of the current situation following Bitcoin’s sell-off in recent weeks. Using a variety of metrics, in particular the Bitc...
Former Goldman Sachs Executive Raoul Pal Says Bitcoin (BTC) Forming Massive Bullish Technical Pattern
A popular crypto investor thinks Bitcoin (BTC) is trading within a pattern indicating BTC bulls are about to take over the market. Real Vision CEO Raoul Pal says in a new video that Bitcoin is forming...
Bitcoin.com: the exchange’s May 2022 crypto report
Bitcoin.com Exchange released its crypto report for May 2022, showing a performance analysis of the cryptocurrency market. Bitcoin.com crypto report: market performance for May 2022 According to repo...
Crypto Market Madness Leads To Surge In Bitcoin On-Chain Activity
The current crypto market climate has seen bitcoin on-chain activity light up like a Christmas tree. All across the board, on-chain activity is surging. This is a result of the recent dips and recover...
Crypto Funds See Year’s Highest Inflows As Bitcoin Investors Buy Into Price Weakness ⋆ ZyCrypto
Advertisement     Investors are snapping up crypto assets in the wake of the market crash. Funds amounting to over $274 million flowed into the market in the last 7 da...
BTC Whales Make Moves as the Crypto Market Struggles to Recover – crypto.news
Last week, the crypto market experienced high volatility, a massive price loss, and scams. After a week of these events, the market is starting to recover. The market started to recover on Sunday as i...
L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow – Altcoins Bitcoin News
Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5...
Former Fed chair says Bitcoin cannot be used as alternative money
Ben Bernanke, a former chair of the US Federal Reserve, has said that cryptocurrencies, including Bitcoin, cannot be used as an alternative to fiat. Bernanke said that the only use case for Bitcoin wa...
MicroStrategy has lost money after bitcoin fell low: a $330 million loss on paper
MicroStrategy’s large bitcoin wager has lost money after bitcoin’s price fell below the software company’s average buying price. MicroStrategy’s stock price has fallen in recent days as a result of th...
BTC Price Holds Above $30,000; Opportunity To Buy?
BTC price kick-starts the session on a higher note with mild gains. The pioneer cryptocurrency manages to hold above the psychological $30,000 mark amid renewed buying pressure. The downside is capped...
AVAX Rebounds on Tuesday, AAVE up Over 10% – Market Updates Bitcoin News
Global crypto markets are up over 2% during Tuesday’s session, with AAVE and AVAX two of the biggest tokens to rise. Both of these cryptocurrencies rebounded from losses during yesterday’s session, wi...
How The Tether Peg Could Predict Raging Bitcoin Volatility
The whole UST debacle has seen traders emboldened in the market against stablecoins. The result of this had been more investors going after the pegs of other stablecoins such as USDT and trying to see...
He has $100K in credit card debt, $60K in bitcoin. 4 money pros on what to do
What to do when you have crypto assets and debt to contend with. Getty Images/iStockphoto “I have $100K in credit card debt, but $60K in bitcoin. Should I use it to repay the debt, or hold onto bitcoi...
Grayscale Announced European ETF Launch; Also Urges SEC to Approve GBTC Conversion Into Spot Bitcoin ETF
On Monday, the world’s largest digital asset manager, Grayscale Investments, announced the launch of Grayscale Future of Finance UCITS ETF (ticker: GFOF), its first European exchange exchange-traded f...
Brazil’s Stock Exchange Sets its Eyes on a BTC/ETH Futures Contract – crypto.news
A Brazilian stock exchange (B3) intends to introduce Bitcoin and Ethereum futures to investors. The trillion-dollar exchange is optimistic that it will release the futures contracts within the next si...
Celsius announces plans for an IPO of its bitcoin mining subsidiary
Crypto lending platform Celsius has announced plans to take its bitcoin mining subsidiary, Celsius Mining, public. Celsius has submitted a Form S-1 with the Securities and Exchange Commission, which c...
StoneX Successfully Executes First BTC Cash-Settled Swap
StoneX Markets LLC, a provider of execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position i...
Connecticut Mansion Owner Is Selling Her House for BTC or ETH
A large, $6.5 million mansion on the coast of Connecticut is up for sale. What’s the big clincher? The seller is willing to accept cryptocurrencies like bitcoin or Ethereum, marking the first time som...
Jack Dorsey Responds to SBF’s Comments on Bitcoin Scaling and Proof of Work
Jack Dorsey was not pleased with FTX CEO Sam Bankman Fried (SBF)’s recent criticisms of Bitcoin’s viability as a payments system. The Block Head confronted him yesterday over his failure to acknowledg...