Despite Terra buying $1.5 billion worth of BTC this week, LUNA slipped to a six-week low to start the weekend. Overall, crypto markets remained in the red, however ALGO was one of the rare exceptions ...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin Price Hits 10-Week Low, Altcoins Experience Major Decline – crypto.news
Volatility returned to the crypto landscape with a bang on May 5, with BTC hitting an almost two-month low. The crash amid mounting global inflation painted a disturbing picture for traders as the kin...
Luna Foundation Guard buys additional $1.5 billion in bitcoin backing for UST
The Luna Foundation Guard (LFG), a nonprofit created to support the Terra ecosystem, announced the purchase of $1.5 billion worth of bitcoin (BTC) for its stablecoin reserves on Thursday. According to...
Bitcoin clings to $36K as data suggests BTC price sell-off came from short-term holders
Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra down at least $250 million in cru...
BTC Price Revisits the $34.4K Low
Bitcoin Loses $37.7K Support as It Revisits the $34.4K Low – May 7, 2022 BTC/USD has fallen to the low of $35,290 as it revisits the $34.4K low .The largest cryptocurrency is likely to further declin...
Golfers in Europe and Africa want to receive payments in BTC
Top golfers have been analyzing the crypto market and how it is growing in popularity. According to reports, the exchange Luno signed a sponsorship contract for the 2022 golf season where they will be...
ETH Remains Close to 6-Week Low to Start the Weekend – Market Updates Bitcoin News
Following a recent string of declines, ETH continued to hover close to a six-week low to start the weekend. BTC was also lower on Saturday, as the world’s largest cryptocurrency remained closer to a t...
Short Bitcoin (BTC) ETF Hits Over 2-Mth High As Market Slumps
An exchange-traded product that shorts Bitcoin (BTC) hit an over two-month high on Friday, as the world’s largest crypto led a sharp decline in the market. The 21Shares Short Bitcoin ETP, which trades...
IMF Warns Of Serious Risks For Central African Republic’s Adoption Of Bitcoin As Legal Tender ⋆ ZyCrypto
Advertisement     According to a report by Bloomberg, despite CAR’s move being hailed by the crypto community as a progressive motion, the International Monetary Fund ...
What Bitcoin Could Be Worth to Fidelity. You’ll Be Surprised.
Text size Fidelity’s push into Bitcoin is raising controversy but could be lucrative for the company. Dreamstime.com Fidelity Investments shocked the retirement industry last month with a move t...
On-Chain Analysis: BTC Drop Liquidates $165M in Long Positions
In today’s on-chain analysis, BeInCrypto looks at the indicator of long and short liquidations in Bitcoin futures. In the face of big moves in the BTC price over the past few days, both bulls and bear...
The Bitcoin conundrum: Metrics depict conflicting views for BTC
Bitcoin crashed to a weary low of $35,000 yesterday before stabilizing and moving sideways. It is a worrying time to be Bitcoin HODLers but, 2022 has been a turbulent year for them. Beginning with tig...
Almost Three out of Four Argentinians Are Willing to Purchase Crypto for Investing or Saving Purposes – Emerging Markets Bitcoin News
A new survey, whose results were released earlier this week, has given more insight into how Argentinians view cryptocurrencies and how they might put them to use. The survey found out that eventually...
Will stocks tumble further Monday? Bitcoin’s weekend performance may provide some clues
Bitcoin was holding near $36,000 on Friday, after it fell to $35,280, the lowest level since Jan. 23, as U.S. stocks extended losses, while Treasury yields rose and the dollar soared to some of its hi...
Top golfers from Africa and Europe eye lucrative Bitcoin payouts
Leading golfers from Africa and Europe have eyed lucrative Bitcoin payouts unveiled towards the end of the 2022 season. After a new sponsorship deal for South Africa’s Sunshine Tour, the payouts will ...
Here’s the Worst-Case Scenario for Bitcoin (BTC) Amid Crypto Market Tumble, According to Analyst Nicholas Merten
A popular crypto analyst is considering how low Bitcoin (BTC) could go as the markets head into the weekend on a sour note. In a new strategy session, Nicholas Merten gives his 516,000 YouTube subscri...
Miami Tech Spring: TokenSociety Offers Curated NFT Experiences to Rival Bitcoin Miami
Miami, Florida, 7th May, 2022, Chainwire “The Gay Aliens Society x Trippy Labs series of highly curated fNFT collectors events surpassed expectations as some of the biggest names in Web3 attended the...
Turkey’s Inflation Rate Surges to 70%, Monthly Rate of Change Now 7.25% – Economics Bitcoin News
The latest data from the Turkish Statistical Institute (TSI) shows that rising transportation and food costs were some of the key factors contributing to the surge in the country’s inflation rate to 7...
Africa’s financial analysts doubt if CAR’s Bitcoin adoption deal is legitimate
In response to the Central African Republic’s adoption of Bitcoin as legal tender, several financial specialists in Africa have raised a number of questions. At a time when the regime is under pressu...
Bank Of America: Bitcoin Is Not A Portfolio Variegator
Bank of America has recently signified that Bitcoin might not prove to be the best choice for the folks. Bitcoin last witnessed its ATH in November and is underperforming compared to that mark. Bitc...
Bitcoin 3-Day Death Cross! BTC Price To Plunge More In Coming Days
Following the bloodshed in the US markets, Bitcoin, Cryptocurrencies, and other financial assets markets fell heavily on Friday. As per the stock market experts, the market right now is extremely fra...
Terror’s Dough Con Planning to Dump Bitcoin to Zero: Sources
Key Takeaways Dough Con wants to dump Bitcoin to zero because he has realized that Terror is destined to fail, anonymous sources have said. Con reportedly enlisted the help of a group of Bored Ape hac...
One-Of-A-Kind Step: Home Directly Purchased Via Just 3 BTC
A Portuguese home purchaser just carried out a Bitcoin real estate purchase, and no conversion to euros was needed. This contract required a few additional steps, but it marks the first-of-a-kind uti...
‘A De Facto Ban’—Serious Bitcoin Warning Issued As Price Crash Hits Ethereum, BNB, XRP, Luna, Solana, Cardano And Avalanche
Bitcoin BTC , ethereum and other major cryptocurrencies have fallen sharply this week as a broad asset price crash tanks markets (despite the CEO of Coinbase making a huge crypto prediction). Subscrib...
Bitcoin (BTC) Perpetual Contract Price Analysis: May 07
On May 07, the bullish BTC price analysis is at $46791.25. BTC’s bearish market price analysis for May 07, 2022, is $35096.98. Bitcoin’s MA shows a downward trend. In Bitcoin Perpetual Future (BTC) p...
Billionaire Investor Ray Dalio Says Bitcoin is Great Against Inflation; Not A Good Competitor Against Gold
Ray Dalio, billionaire investor and Bridgewater Associates founder acknowledges the immense potential of cryptocurrency. Especially mentioning Bitcoin, he emphasized on the impressive performance of t...
U.S. Sanctions Bitcoin Mixer Blender for Helping Launder $20.5M to North Korea
The United States on Friday sanctioned cryptocurrency mixing service Blender for allegedly helping North Korean hackers launder around $20.5 million stolen from the Axie Infinity hack at the end of Ma...
BTC Price Faces Downside Risk Below $35,000 On Weekly Chart
BTC price traded with a cautious tone as the sell-off cools off on Saturday. It seems the sellers look exhausted, as the price manages to reclaim $36,000. In a broader crypto market selling spree, ETH...
SEC Approves Valkyrie Bitcoin Futures ETF, but not Spot – crypto.news
Valkyrie’s XBTO, a Bitcoin Futures exchange-traded fund, has been given the green light by the US Securities and Exchange Commission (SEC), and will now commence trading. Valkyrie’s Futures BTC ETF Si...
Cryptocurrencies Unlikely to Help Russia Evade Sanctions – Bitcoin News
Russia’s ability to employ cryptocurrencies to circumvent international sanctions is restricted by the limited size of the crypto market, according to Moody’s. Despite increased use in small transacti...
Bitcoin (BTC) Is Set To Confirm This Extremely Bearish Weekly Pattern
Bitcoin’s (BTC) string of losses in the past month have put the token on course for its worst weekly run on record. BTC is now set for its sixth straight week of losses- its worst weekly run yet. A co...