The number of Bitcoin (BTC) whales has been on a steady decline and is back to the levels earlier in 2022, according to blockchain intelligence firm Glassnode. Glassnode also found that the volume of ...
Category: Bitcoin
Live Bitcoin News Updates.
Luna Foundation to Loan $1.5B in BTC and UST to Defend Stablecoin’s Peg
This isn’t the first time UST has lost its peg. But the controversial algorithmic stablecoin de-pegged yet again just days after the Luna Foundation Guard (LFG), the organization backing it, purchased...
‘African Fintechs Have a Greater Scale Potential Than Other Tech Startups’ – Interview Bitcoin News
The African fintech industry has grown rapidly over the past few years and this has caught the attention of some well-resourced venture capital (VC) firms. As one would expect, Nigerian fintech startu...
If Bitcoin Breaks Well Below $30,000, Crash Under $10,000 May Follow: Peter Schiff
Yuri Molchan SchiffGold chairman believes that Bitcoin may fall from $30,000 down below $10,000 Prominent Bitcoin hater Peter Schiff has taken to Twitter to repeat his earlier statement about Bitcoin&...
Bitcoin (33k), Ethereum (2.4k), Luna Price Analyses
Bitcoin Analysis Bitcoin’s price recorded its lowest weekly candle close since July 12th, 2021 on Sunday. BTC’s price also concluded its daily session on Sunday -$1,424 for its fourth consecutive dai...
Crypto Markets Lost $300B in 4 Days, Bitcoin Saw Lowest Daily Close Since July 2021 (Market Watch)
Bitcoin’s nosedives continued in the past 24 hours as the asset just doesn’t seem to stop losing value. Most altcoins are in a similar or even worse position, with massive price drops from Ripple, Sol...
India’s Goods and Services Tax Council considers a 28% tax on Bitcoin
Indian officials are expected to explore imposing a 28% goods and services tax on cryptocurrencies at the upcoming GST Council meeting. The goods and services tax (GST) Council, which is India’s top d...
First 6-week losing streak since 2014 — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the second week of May 2022 by bringing up bearish ghosts from its past — how much worse could the picture get for hodlers? After falling to nearly $33,000, the largest cryptocurr...
Bitcoin Flirts With Lowest Level Since 2021 as Equities Swoon
(Bloomberg) — Bitcoin is falling toward levels last seen in July 2021, part of a wider retreat in cryptocurrencies amid a global flight from riskier investments. Most Read from Bloomberg The wor...
Luna Foundation “Sells” $1.5 Billion in Bitcoin Bought at $47,000 for $33,000: Details
Arman Shirinyan While foundation has not announced the sale, there is no other way to support UST stablecoin Luna Foundation Guard responsible for the stability of the UST stablecoin powered by Terra ...
The Bitcoin Bloodbath Will Get Worse. This Is Fine.
It’s getting ugly out there. Bitcoin is down over 8% this week and has fallen nearly 50% from last year’s all-time-high. The situation isn’t much better for Ethereum, down 5% over th...
Bitcoin.com Raises $33.6 Million During Private Sale
Various strategic investors thought leaders, and influencers contributed to Bitcoin.com’s private sale for the VERSE token. Participants include KuCoin Ventures Blcockhain.com, BoostX Ventures, ...
LFG to deploy $1.5 billion to bolster UST peg and build BTC reserves
Amid the sharp pullback across Bitcoin (BTC) and the wider crypto market this week, the Luna Foundation Guard (LFG) is set to deploy $1.5 billion worth of capital to “help protect” Terra USD’s (UST) p...
Block Q1 BTC Revenue Plunges 51% Amid General Market Turbulence
Block Inc’s Cash App recorded a total Bitcoin (BTC) sale of $1.73 billion in the first quarter of 2022, a figure that plunged by over 51% from the prior quarter. Cash App comes off as one of the most ...
Santiment Expects Capitulation For Bitcoin, As The Price Drops Below $33k
Yet again the whole cryptocurrency market is concealed in red as the world’s first cryptocurrency by market cap, Bitcoin Price has failed to hold on to the price above the critical support level of $3...
Bitcoin (BTC) Creates Sixth Consecutive Bearish Weekly Candlestick for First Time Since 2014
Bitcoin (BTC) has been falling at an accelerated rate since May 4 and is in the process of breaking down from a long-term structure. Bitcoin has been falling since reaching an all-time high price of $...
Here’s the Most Realistic Bitcoin Prediction for the Rest of 2022, According to Top Crypto Strategist
A closely followed crypto trader is unveiling what he believes is the most realistic price path for Bitcoin (BTC) for the rest of the year. In a new strategy session, trader Kevin Svenson tells his 10...
Coinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals – Exchanges Bitcoin News
Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of this month. According to Russian media, the trading platform ha...
Japanese Used Car Exporting Company Adds Support for XRP and Bitcoin
Alex Dovbnya Cross-border ecommerce site “SBI Motor Japan” has started accepting cryptocurrency payments SBI Motor Japan, a Tokyo-based Japanese used car exporting company, has announced t...
Bitcoin Plunge Continues, BTC Dips by 50% Since All-Time High
Over the weekend, Bitcoin (BTC) took a massive hit as the most dominant crypto asset plunged below $33,500 for the first time since January 2022. With that, the digital currency is now down by more th...
Veteran Futures Trader Peter Brandt Predicts Bitcoin May Fall Below $28k If Price Doesn’t Hold Above $30K
– Advertisement – Brandt has changed his previous predictions for Bitcoin, as he shares a mixed view for the world’s largest cryptocurrency by market capitalization. Peter Brandt, a veter...
Ethereum Miner Revenue Surpassed Bitcoin By $224M in April
Bitcoin miners took a back seat in mining profitability during the month of April as Ethereum miners saw $224 million more revenue than Bitcoin miners. April proved to be a difficult month for Bitcoi...
Bitcoin whales jumping ship as exchange inflows reach 3-month high
The number of Bitcoin whales is rapidly decreasing to levels not seen since earlier this year, possibly due to the three-month high of coin inflows to centralized exchanges (CEXs). Bitcoin (BTC) marke...
Bitcoin Price To Drop Below $30K Next Month, Here are Low Levels To Watch
Bitcoin fell through a crucial support level over the weekend, falling to its lowest level since January. The Bitcoin price is currently nose-diving below the lower boundary of the channel and has bre...
Bitcoin.com Gains $33.6M Through Its VERSE Token Private Sale
Bitcoin.com confirms the completion of a private sale round for its VERSE token. The team secured $33.6 million to bring its utility token to the broader bitcoin.com ecosystem. Numerous investors cont...
Bitcoin Crashes Under 100 Day Moving Average For First Time Since 2018
Over the last weekend, Bitcoin (BTC) and the broader crypto market witnessed a brutal sell-off with Bitcoin and the broader crypto market losing nearly 10%. In the last three days, the broader crypto ...
Bitcoin Carnage Continues As BTC Disintegrates To $34K
The cryptocurrency market as a whole is once again blanketed in red, with Bitcoin falling to a multi-month low. Bitcoin’s price has tanked for four consecutive days, breaching the psychological suppor...
Bitcoin’s Logarithmic Growth Curve – last model standing?
Dave the Wave is an investor, trader and technical analyst. A contrarian, Dave is respected on Crypto Twitter for his objective, rational approach to technical analysis. Dave’s thesis is that Bitcoin ...
Bitcoin Downtrend Intact, Why The Bears Might Aim $32K
Bitcoin started a strong decline below the $37,500 support against the US Dollar. BTC even traded below $35,000 and might continue to move down towards $32,000. Bitcoin started a strong decline below ...