Lately correlated nearly 1:1 with broader equity markets , cryptocurrencies were ahead 3.2% after nearly a week of declines that saw bitcoin (BTC) fall to as low as $24,000. At current press time, the...
Category: Bitcoin
Live Bitcoin News Updates.
Crypto’ Fear & Greed’ index hits the lowest level since March 2020; What’s next for BTC?
Extreme fear has engulfed the cryptocurrency market amid heightened volatility, resulting in most digital assets trading in the red zone for the better part of 2022. As of May 17, the Crypto Fear &am...
Peter Schiff predicts a long downward run for Bitcoin
On Thursday, Peter Schiff once again managed to create a stir in the Bitcoin world. The American commentator and entrepreneur tweeted a completely pessimistic forecast for the cryptocurrency par exce...
44 Countries Converge in El Salvador to Discuss Bitcoin Roll Out, President Bukele Says
Forty-four nations are expected to meet in El Salvador to discuss issues touching on banking the unbanked and Bitcoin adoption, according to President Nayib Bukele. President Bukele tweeted: “32...
Bankman-Fried negative then positive on bitcoin as a payments network
Entrepreneur, CEO and founder of cryptocurrency exchange FTX, Sam Bankman-Fried, said yesterday that bitcoin could not become a payments network but that it had potential for being a store of value. H...
SkillzVault and ESE Entertainment Win Gold at Muse Creative Awards 2022 – Press release Bitcoin News
press release PRESS RELEASE. At Bitcoin Vault (BTCV), the team pride itself on solving security issues that no one else can, which requires a great deal of creative thinking. But when a team can think...
Where is Bitcoin Heading Following Terra Luna Turmoil?
Following the collapse of Terra Luna some volatility was seen across the leading cryptocurrencies, Bitcoin and Ethereum. UST lost its peg to the US Dollar and despite efforts of the Lunda Guard Founda...
Former Fed Chair slams Bitcoin will not ‘take over as alternate form of money’
In the last few months, there has been a lot of discussion regarding the possibility of using Bitcoin as an alternative form of currency due to the growing prices of energy and food as well as the lar...
$1.2 Billion in Bitcoin Was Liquidated During Last Week’s Crypto Crash
In brief From Sunday, May 8, to Saturday, May 14, Bitcoin derivatives traders lost over $1.2 billion in liquidations. Long positions took the brunt at the beginning, while short positions got burnt la...
Bitcoin supports freedom of the press in Russia
In Russia, some independent newspapers are trying to defend their autonomy in a situation that is very difficult for them thanks to Bitcoin and crypto in general. Russia and freedom of the press, Bit...
Bitcoin To See More Downtrend in Coming Days, BTC Price could See Reversal At This level
Analysts have analyzed Bitcoin’s indications and determined that BTC had reached a bottom. Based on the data, experts believe Bitcoin will recover its losses and reach a target of $40,000 in the comin...
China re-emerges as second-largest bitcoin mining center despite recent ban
Despite the intense pressure from the Chinese government last year to crack down on cryptocurrency operations, especially mining, the country has again surfaced as one of the biggest Bitcoin mining ju...
Terra’s Tendermint Touch — Cosmos-Based Token Economy Hit Hard by LUNA’s Demise – Markets and Prices Bitcoin News
Since last week’s Terra implosion and the demise of the blockchain project’s native token LUNA — and the algorithmic stablecoin terrausd (UST) — crypto tokens based on the Cosmos ecosystem have seen s...
Is Bitcoin Global Reserve For Cryptocurrency?
There are 19,042,100 BTC coins in circulations. As of now, Bitcoin has a 42.4% market share. For the first time since July 2021, Bitcoin (BTC) went below $29,000. The whole volume of the crypto market...
El Salvador: Bukele discusses Bitcoin with 44 countries
President Nayib Bukele announced that 32 central banks and 12 financial authorities from 44 countries will meet in El Salvador to talk about Bitcoin. El Salvador and Nayib Bukele’s meeting with 44 cou...
Bitcoin Maintains $30K, Terra’s UST Continues Crashing and Dips to $0.04 (Market Watch)
Following yesterday’s drop to $29,000, bitcoin reacted well and reclaimed the coveted $30,000 line. Most altcoins are sitting calm with minor gains, while Litecoin and CRO have emerged as today’s top ...
Five (5) Things to Know if You’re a Bitcoin Newcomer
Invented during the fallout of the Great Recession of the late aughts, Bitcoin has burst out of its obscure computer science origins. Predictions of its demise have, to date, not been vindicated. Whil...
Bitcoin․com Exchange Market Insights Report for May 2022 – Promoted Bitcoin News
This is the May 2022 monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure anal...
China’s underground Bitcoin mining operations are thriving despite ban, data shows
China is back again as a key center for Bitcoin mining, despite the country outright banning the activity one year ago. Previously China had been a major hub for Bitcoin mining and according to stati...
Bitcoin’s Seventh Straight Week in the Red Sets New Record
Bitcoin’s seventh consecutive week of losses is unprecedented. The previous six-week record took place in 2014, when Bitcoin dropped from $507 on August 25 to $323 on October 6, according to BitStamp....
Latest Market Crash Could Be Turning Point for Bitcoin and Crypto, According to Michael Saylor – Here’s Why
MicroStrategy CEO Michael Saylor is weighing in on the future of crypto a week after one stablecoin collapsed and sent ripples through the industry. In an interview with Fox Business host Charles Payn...
Luna Foundation Guard Discloses Usage of Bitcoin Reserves – Bitcoin News
The Luna Foundation Guard, the entity in charge of safeguarding the peg of UST, the stablecoin of the Terra ecosystem, has revealed how it used the available Bitcoin reserve before the recent debacle ...
3 Major Metrics Suggesting Bitcoin Is on Strong Support as BTC Aims at Upward Move
Arman Shirinyan Despite 60% retrace, long-term holders are still in business Jurrien Timmer, the director of global macro at Fidelity has provided many metrics about the current place of Bitcoin on th...
Luna Foundation Guard Loses 80,000 Bitcoin Worth Over $3B due to UST Crash
The Luna Foundation Guard saw its Bitcoin reserves take a massive hit following the UST stablecoin’s price plunge. Following the crash of controversial stablecoin UST, the Luna Foundation Guard (LFG) ...
Bitfarms Records $40m in Total Revenue and 900 BTC Mined in Q1 2022
Bitfarms Ltd, a Canadian Bitcoin mining company, announced its financial results for the first quarter ended March 31, 2022. Bitfarms said on Monday that it has mined 961 Bitcoin (BTC) at an average c...
Top Crypto Analyst Says Bitcoin (BTC) Just Flashed ‘Extremely Reliable’ Bottom Indicator
A closely tracked crypto trader says Bitcoin (BTC) just flashed a signal that has historically marked the bottom of previous bear markets. In a new strategy session, analyst Kevin Svenson tells his 68...
President Nayib Bukele announces that 44 countries will meet in El Salvador to discuss Bitcoin
El Salvador President Nayib Bukele announced a meeting of 32 central banks and 12 financial authorities from 44 countries on Twitter late Sunday night. On Monday, May 16, this meeting will take place ...
Institutions Poured $300M Into Bitcoin Funds During Terra Meltdown: Report
Bitcoin price volatility seems to have been a sale klaxon for institutional investors last week, some of which poured $299 million into exchange-traded Bitcoin funds, according to a new CoinShares rep...
Luna Foundation Sold 80K Bitcoin in ‘Last Ditch Effort to Defend’ UST Peg
The Luna Foundation Guard (LFG), the non-profit overseeing the Terra ecosystem, said that it sold almost all of the $3.5 billion bitcoin it held in reserve “as a last ditch effort to defend the [UST] ...
BTC Price Fluctuates Above $30K
Bitcoin Trades in a Tight Range as BTC Price Fluctuates Above $30K – May 16, 2022 Since May 12, BTC/USD has been consolidating above the $29,000 support as BTC Price fluctuates above $30K. For the pas...
Can Bitcoin Holders Expect Bull Run in 2022? Here’s Where BTC Price is Heading Next!
Over the previous 24 hours, the market has been in the negative as retracement has been observed across the board. Bitcoin, the market leader, fell 2.5 percent, while Ethereum fell 4.03 percent. Avala...
Commentary: Bitfinex Market Analysts On Bitcoin As A Means Of Payment
El Salvador created headlines when it declared Bitcoin a legal tender in September 2021. Now, the country is in the nascent stage of forming its own financial identity. There is no doubt that El Sal...