At this point, it is no longer news that bitcoin has now hit its lowest point in three months. The last time the digital asset had seen its price break below $34,000 had been in late January but had c...
Category: Bitcoin
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Wallets Holding At Least 0.1 Bitcoin Reaches New Highs, But More Than 50% BTC Addresses In Loss
– Advertisement – Wallets Holding At Least 0.1 Bitcoin Reaches New Highs, But More Than 50% BTC Addresses In Loss for the first time Since 2020. Less than 50% of BTC holders are profitin...
Cryptos are Officially Crashing! Will Bitcoin reach 0$?
Cryptocurrency enthusiasts woke up to the bitter news that Bitcoin dropped below $32,000. Most cryptocurrencies also were seen crashing lower than their respective support areas. Today, the market los...
Bitcoin Drop 50% From ATH! Here Is Why BTC Price Is Set To Crash Towards $30k In The Next 48hrs
Today the cryptocurrency market is swaddled by the bearish roar as the very first currency, Bitcoin has seen a drastic fall today trading below the crucial support level of $35,000 and $33,000. This h...
How Terra Is Using Its Bitcoin Reserves To Keep UST Stable
Terra, through the Luna Guard Foundation (LFG), has been purchasing bitcoin to use as reserves for its UST stablecoin. This has gone well according to plan and out of the $10 billion worth of bitcoin ...
Luna Foundation to Loan $1.5B in BTC
UST briefly lost its dollar peg as it plummeted to $0.98 over the weekend LUNA Price at the time of writing – $59.08 UST deposits currently earn investors 18.8% APY This isn’t whenever UST...
Game Space Releases Merge Bird on Its GameFi-as-a-Service (GaaS) Platform – Press release Bitcoin News
press release PRESS RELEASE. Singapore – Game Space is proud to announce the release of Merge Bird on its GameFi-as-a-Service (GaaS) platform. Merge Bird is an on-chain version of the once-popular gam...
Bitcoin mining production roundup: April
In this new monthly roundup, The Block collected information on the production, growth efforts and other activities of some of the world’s publicly traded bitcoin miners. Hive The company produc...
Bitcoin sets new 2022 lows as analyst says trip to $24K realized price ‘entirely possible’
Bitcoin (BTC) set a new record low price for 2022 on May 9 as crypto markets continued selling off prior to the Wall Street opening. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC pri...
Bitcoin, Ethereum, Tron, and Near Protocol Daily Price Analyses – 9 May Morning Price Prediction
The performance of the global crypto market has seen no improvement as the downward journey continues. The freefall situation has affected all the major coins of the market, including Bitcoin, Ethereu...
GM, WAGMI, GN: Decrypt’s Ultimate Guide to Bitcoin and NFT Slang
The world of Web3—a catch-all term referring to a next iteration of the internet that incorporates blockchain technology—has an overwhelming amount of slang, jargon, and acronyms. While Crypto Twitter...
Bitcoin Keeps Plunging With No Sign of Stopping. Where the Bottom May Be.
Cryptocurrency prices tumbled over the weekend and into Monday, with Bitcoin nearing a yearly low as investors continued to dump risky assets amid a tough stock market and challenging macroeconomic ba...
BTC Trades Below $33,000 as Bears Show-up Heavily
The Bitcoin price prediction shows that BTC is currently down by 3.04% after terribly crossing into the negative side. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $38...
African Central banks not happy with CAR bitcoin adoption
The Central African Republic’s decision to make bitcoin legal tender in the country has put many backs up. A letter from the central banks cites the decision as having a very negative impact on Centra...
Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity – Bitcoin News
As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled in recent times. Two days ago on May 7, 2022, UST dipped down t...
Bitcoin Price Plummets To Lowest Point In 2022, Will $33,000 Hold?
Bitcoin price had a treacherous weekend, capping off what has been nearly a 20% loss since the Fed meeting last week. The selloff has now taken the top cryptocurrency by market cap to the lowest point...
Why does Luna Foundation Guard sell its bitcoin worth $1.5 billion for a trading price of $33K?
Non-profit organization Terra Labs, LFG, looks over the stability of its stablecoin and has managed its bitcoin count while retaining the balanced digital assets. Luna Foundation Guard and lead of Ter...
CTO of tech used in Bitcoin-Qt wallet thinks crypto is a “Ponzi scheme”
The CTO of the popular programming framework Qt — which tech giants like Adobe use, Tesla, Blackberry, Google, and Blizzard — called cryptocurrency a “Ponzi scheme” on May 6. However, the company has ...
Bitcoin Price Could Hit New 2022 Low amid Mounting Market Volatility – crypto.news
Doom and gloom continued for the broader crypto market over the past weekend following last Wednesday’s sudden crash sparked by the Fed hiking interest rates. Terra FUD Attack Increases Crypto Market ...
There is ‘more pain’ for Bitcoin ahead, says billionaire ex-hedge fund manager
Mike Novogratz, a well-known American investor and the current CEO of Galaxy Investment Partners, has predicted that cryptocurrencies will continue to be associated with the Nasdaq in the meantime. In...
Japanese e-commerce site adopts BTC and XRP payments for used cars
SBI Motor Japan, a subsidiary of SBI Africa Co. Ltd., has announced that its customers can now make payments for used cars using Bitcoin (BTC) and Ripple (XRP). According to the announcement by SBI on...
Bitcoin Retrace to $33,900 Could Be Sign of “Truly Notable Bounce” Coming: Santiment
Yuri Molchan Data provided by analytics vendor Santiment shows that the current plunge of Bitcoin is in fact the market shaking off “weak hands” Contents Paper hands are quitting the marke...
Above 60K Bitcoin Transferred Among BTC Whales and Exchanges Within 24 Hours Causing Selling Pressure
– Advertisement – Vast Amount Of Bitcoin Exchange Inflows Within 24 Hours Creating Selling Pressure. According to WhaleStats a data tracker and analytics system reporting large and interes...
Bitcoin (BTC) Perpetual Contract Price Analysis: May 09
On May 09, the bullish BTC price analysis is at $46882. BTC’s bearish market price analysis for May 09, 2022, is $32494.5. Bitcoin’s MA shows a downward trend. In Bitcoin Perpetual Future (BTC) price...
Bitcoin Falls Below $35K for First Time Since January
Bitcoin fell below $35,000 on Sunday morning after declining almost 4% over the past 24 hours and nearly 9% over the last seven days. The market cap of the largest cryptocurrency tumbled to $658 billi...
Investors Turn Away from Crypto as Interest Rates Rise and Bitcoin Falls
Rising interest rates amid sluggish growth have turned investors away from riskier assets including bitcoin, which has fallen to a year-to-date low. Bitcoin dropped to a level not seen since July last...
Bitcoin Capitulates While Stocks Crash – Trustnodes
Bitcoin has fallen by about 20% since Thursday, capitulating below $33,000 for the first time in 12 months. The currency tumbled on interest hikes by the Bank of England and he Federal Reserve Banks ...
LGF Is Set To Deploy Whopping $1.5B In Bitcoin To Support UST Peg
In the midst of the Cryptocurrency market crash, the Luna Foundation Guard (LFG) plans to give out thousands of millions of worth of Bitcoin in order to support Terra USD’s peg to the US dollar. The L...
Portugal Successfully Sells Real Estate With Bitcoin Payments for the First Time
A three-bedroom (two-bedroom) house in the Portuguese metropolis of Braga has been successfully sold with payment received in Bitcoin (BTC) for the first time. This is the first time that an apartment...
What Is Bitcoin Pizza Day, And Why Does The Community Celebrate On May 22?
Bitcoin BTC Pizza Day marks the day that Laszlo Hanyecz made the first recorded purchase of a physical good using Bitcoin. He spent 10,000 Bitcoin to purchase two Papa John’s pizzas on May 22, 2010. S...
BTC Fear & Greed Index At Extreme High; Should You Worry?
BTC price kick-starts another session on the slimmer note. The pioneer cryptocurrency finally smashed the January lows, amid sustained selling pressure. BTC’s price is on the verge of the straight se...
BTC Slips to 10-Month Low, Below $33,000 – Market Updates Bitcoin News
BTC fell to its lowest level since last July, as prices dropped below $33,000 to start the week. The selloff in cryptocurrency started last week, following the Fed’s decision to hike interest rates by...