Bitcoin price seems to have found its stable footing at $29,100 after a recent flash crash below it. This quick recovery and retest will be a testament to the bulls’ power and determine the next cours...
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Bitcoin, Ethereum, Loopring, and Celo Daily Price Analyses – 16 May Roundup
The global crypto market has continued in the limbo of losses, affecting the ongoing negative changes. The performance of Bitcoin, Ethereum, and some others shows signs of a plain continuation of bear...
High court in China is saying Bitcoin is protected by law
The court said that Bitcoin has monetary worth, while hearing a question between two people The High People’s Court is the most noteworthy court in a Chinese area China has prohibited all crypto excha...
Brazilian Stock Exchange B3 to Launch Bitcoin Futures Within Six Months
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Terra’s Bitcoin Reserves Were Sent to Binance and Gemini
Elliptic published a blog post that summarizes where the bitcoin was sent LFG’s bitcoin wallet also interacted with this address which also has an oxt.me annotation Terra Luna Price at the time of wr...
Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions – Regulation Bitcoin News
Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with th...
Big-Money Investors Who Boosted Bitcoin’s Price Might Now Crash It
“Client interest [is] concentrated more heavily onto the two main crypto assets, BTC and ETH,” analysts at data provider VandaTrack wrote, according to the newspaper. ETH stands for ether, the native ...
Bitcoin Has No Future as Payment Network
According to Bankman-Fried, Bitcoin is very inefficient and has a high environmental cost which undermines its status as a payment network. The argument against Bitcoin with regards to its carbon emis...
LFG Unpacks Bitcoin Activity During LUNA, UST Collapse
The Luna Foundation Guard (LFG), the non-profit organization overseeing the Terra ecosystem, said that its Bitcoin reserves dropped by more than 80,000 BTC over the last week. Per LFG’s Twitter thread...
Bitcoin bulls aim to flip $30K to support, but derivatives data show traders lack confidence
Bitcoin (BTC) bounced 19% from the $25,400 low on May 12, but has investor confidence in the market been restored? Judging by the ascending channel formation, it’s possible that bulls at least have pl...
Bitcoin lucha en zona de soporte de $27K- $30K, con resistencia en $35K
Además, el bajo rendimiento reciente de las criptomonedas alternativas (altcoins) en comparación con bitcoin sugiere un menor apetito por el riesgo entre los traders de criptomonedas. Por lo general, ...
Bitcoin & Energy Merge In Texas: 3 Giant Companies Announce New Mining Facility
The bitcoinization of Texas is one step closer. The Texas Pacific Land Corporation, Mawson Infrastructure, and JAI Energy partnered to build a facility that guarantees “60 megawatts of bitcoin mining ...
Bitcoin Is Mainly Used in Underground Economy for Illicit Activities – Featured Bitcoin News
Former Federal Reserve chairman Ben Bernanke says the main use of bitcoin is “mostly for underground economy activities and often things that are illegal or illicit.” He added, “I don’t think bitcoin ...
Top 5 cryptocurrencies to watch this week: BTC, MANA, MKR, ZEC, KCS
Bitcoin could eventually attempt a relief rally which might trigger a rebound in MANA, MKR, ZEC and KCS price. Bitcoin (BTC) has been relatively calm during the weekend as crypto traders try to rebuil...
Former Fed Chair Dismisses Bitcoin
Alex Dovbnya Former Fed Chair Ben Bernanke says that Bitcoin will not become alternative form of money During his Monday appearance on CNBC, former Federal Reserve Chairman Ben Bernanke opined that Bi...
FTX CEO Sam Bankman-Fried: Bitcoin ‘Not a Payments Network’
Sam Bankman-Fried, CEO of the fast-growing crypto exchange FTX, said that Bitcoin isn’t a suitable payments network. “The Bitcoin network is not a payments network and it is not a scaling network,” h...
Stocks mixed, Bitcoin fluctuates above $30k- Market update
Wall Street closed mixed on Monday as negative sentiment remained largely dominant in the stock market. The Dow Jones Industrial Average closed just 26.76, or +0.08% higher at 32,223.42, while the S&a...
After Only 313 Bitcoin Remaining with LFG, Is BTC Price in Safe Hands Now?
The Luna Foundation recently released a statement citing the balances on their reserves as the platform’s Bitcoin reserves made a huge noise of let. The thread documented how the platform disbursed mi...
El Salvador Invites Over 40 Central Banks for International Event on Bitcoin El Salvador Invites Over 40 Central Banks for Int’l Event on Bitcoin
After buying the dip and adding 500 BTCs to the state coffer, El Salvador President Nayib Bukele has another surprise up his sleeves. The country is organizing an international conference of central b...
Grayscale Launches European ETF While Urging SEC to Approve GBTC Conversion Into Spot Bitcoin ETF – Finance Bitcoin News
Grayscale Investments has announced the launch of an exchange-traded fund (ETF) in Europe. The company’s Future of Finance UCITS ETF will list on the London Stock Exchange (LSE), Borsa Italiana, and D...
Analysts flag Bitcoin price levels to watch after LFG sells 80K BTC
Bitcoin (BTC) needs to hold current levels and work to reclaim higher ones to avoid a crash in the $20,000 range, the latest analysis warns. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingVie...
Bitcoin-Friendly El Salvador to Host Central Banks Meeting on Digital Economy
El Salvador is set to host delegates from different countries to discuss financial inclusion such as the digital economy, banking the unbanked, and the benefits of Bitcoin. El Salvador to Host Delega...
BTC Turns Bearish as Price Drops to $29,055
The Bitcoin price prediction keeps extending the bearish movement to the areas below the support level of $30,000. Bitcoin Prediction Statistics Data: Bitcoin price now – $29,691 Bitcoin market cap – ...
Terra (LUNA) Sold 80k Bitcoins, But BTC Price Might Not Drop Below $20K
The cryptocurrency sector was founded on both transparency and anonymity. Even Bitcoin’s developer used a fictitious name, and the world may never know who was behind one of the most innovative financ...
Sharing a 98% correlation with Bitcoin, can Shiba Inu hold its key support levels
The dog-themed token has been tumbling after striking the 23.6% Fibonacci resistance. Shiba Inu (SHIB) sellers have denied any substantial bull rallies by keeping the price below the constraints of it...
Bitcoin ‘not going to take over as an alternative form of money’: Ben Bernanke
Ben Bernanke, former chairman of the Federal Reserve, said that he doesn’t think bitcoin would take over “as an alternative form of money.” Bitcoin BTCUSD, +0.50% and other cryptocurrencies have bee...
The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures
B3, the Brazilian Stock Exchange, confirmed that within six months it intends to launch its first official product aimed at the cryptocurrency market — Bitcoin (BTC) futures trading. The group’s...
Luna Foundation Guard has now dumped $2.4 billion from its Bitcoin reserves in failed attempt to defend TerraUSD peg
Luna Foundation Guard, the second largest known holder of Bitcoin, liquidated almost its entire reserves last week worth billions in a failed attempt to defend the Terra UST stablecoin peg. Ever since...
BTC/USD Battles Back Above 30447: Sally Ho’s Technical Analysis 17 May 2022 BTC
Bitcoin (BTC/USD) attempted to add to recent gains early in the Asian session as the pair moved back above the 50-bar, 4-hourly simple moving average and 200-hour simple moving average for the first t...
Bitcoin price analysis: BTC looks to set a higher low at $29,500, another push higher next?
Bitcoin price analysis is bullish today as we expect another test of upside to follow after a higher low set at $29,500. Therefore, BTC/USD should be ready to rally higher again and test the $32,000 n...