The co-founder of embattled crypto exchange platform BitMEX warns that extreme HODLing could lead to the complete destruction of Bitcoin (BTC). In a new blog post, Arthur Hayes notes that Bitcoin’s ga...
Category: Bitcoin
Live Bitcoin News Updates.
Bitcoin Cash Retests $290 Low and Risks Possible Crash
Apr 28, 2022 at 11:08 // Price Bitcoin Cash (BCH) price is in a downtrend as the price has broken below the 50-day line SMA. BCH Price was previously trapped between the moving averages. Price’s...
Purpose Bitcoin ETF adds 1.1K BTC as data hints investors want to ‘buy the dip’
The world’s first Bitcoin (BTC) spot price exchange-traded fund (ETF) is buying BTC again after a month of selling. Data from on-chain monitoring resource Coinglass confirms that on April 27, Canada’s...
MicroStrategy to Offer Employees Bitcoin Retirement Plans
Bitcoin evangelist and MicroStrategy CEO Michael Saylor today said his company will offer employees access to Bitcoin retirement plans. MicroStrategy employees will be able to invest in the biggest cr...
BTC May Rally Back to $42,500 Soon
Bitcoin Price Prediction – April 28The BTC/USD market activities recently downed close to the pivotal support trading line at $37,500. But, the situation has taken another dimension as the BTC may ral...
‘It’s Deja Vu’—Legendary Trader Who Called 2018’s Bitcoin Crash Issues Stark Prediction As Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, And Dogecoin Sink
Bitcoin BTC and many other cryptocurrencies keep chugging downhill. This week the bitcoin price plunged to a little over $38,000 before rebounding this morning. The price of ethereum and solana dipped...
Central African Republic’s president says mathematics is Universe’s language, Bitcoin
After the major news broke out of the Central African Republic (CAR) joining El Salvador on the list of countries where Bitcoin (BTC) is accepted as legal tender, its leader has expressed his optimism...
Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital Assets – Regulation Bitcoin News
The Central Bank of Russia has recently proposed authorizing traditional stock exchanges to operate in the digital assets market. Industry watchers say the regulator aims to provide investors with an ...
Bitcoin Near Make-or-Break Levels, Why 100 SMA Is The Key
Bitcoin started a recovery wave above the $38,400 resistance against the US Dollar. BTC must clear $39,600 to move into a positive zone. Bitcoin managed to stay above $37,650 and started an upside cor...
21Shares launches hybrid Bitcoin and gold ETP to enable inflation hedge
21Shares, a major issuer of cryptocurrency exchange-traded products (ETP), is launching a new ETP tracking a mix of Bitcoin (BTC) and gold. The Switzerland-based firm on Wednesday announced the launch...
Fort Worth Passes Vote for City Government to Mine Bitcoin
The city council of Fort Worth, Texas, has approved mining Bitcoin, and will use three ASIC Bitmain AntMiner S9 rigs donated by the Texas Blockchain Council. The rigs, which each have a maximum hashra...
Mexican Senate Gets First Bitcoin ATM Machine, the Nation Eyes Making BTC Legal Tender
To offer Mexican lawmakers first-hand Bitcoin experience, ChainBytes and Axolotl Bitcoin have put up a Bitcoin ATM at the nation’s senate building. Senator Indira Kempis teamed up with ChainBy...
El Salvador’s Bitcoin Adoption Is Yet to Capture the Local’s Interest (Study)
According to the American non-profit organization – the National Bureau of Economic Research (NBER) – the majority of El Salvadorans (60%) have not downloaded the Chivo Wallet (a feature that facilita...
$1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits – Defi Bitcoin News
According to a research report, $1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% o...
Bitcoin Drops To $38K After Amazon Retraction On Accepting BTC Payments
The king of cryptocurrency is suffering another meltdown at a 3.3% drop in just 24 hours. Bitcoin is currently trading at around $38,210 which is the lowest so far since March of this year when US Pre...
Dubai-based real estate behemoth DAMAC Properties to accept Bitcoin as payment
DAMAC Properties, a leading luxury real estate developer in Dubai, announced on April 27 that it would support the digital economy by enabling the conversion of cryptocurrency to fiat currency, as wel...
Study finds El Salvador’s Chivo Bitcoin Wallet is not widely used
A study published by the Economic Bureau of Economic Research claims El Salvador’s Chivo Wallet has been a bust. Researchers say despite high initial interest, the usage of the Chivo Wallet is low and...
Central African Republic chooses Bitcoin as legal tender
The Central African Republic, one of the world’s poorest countries, has decided to adopt Bitcoin as legal tender. Central African Republic, 2nd in the world to have Bitcoin as legal tender After El S...
Here’s When Bitcoin (BTC) Price Will See Relief Rally Before Hitting Correction Phase
Over the last two weeks, Bitcoin (BTC) has been on a decline as traders wait for a definitive move over or below the $40,000 price barrier. Overall, the trend is negative until the $43K level is breac...
Dubai’s Leading Developer to Facilitate Bitcoin and Ethereum Holders
Damac Properties, one of the largest luxury real estate developers in the Middle East, announced yesterday that it will facilitate the sale of the property to Bitcoin and Ethereum holders. The latest ...
Top ECB Official Ramps Up Anti-Crypto Rhetoric, Calls for Global Regulations – Regulation Bitcoin News
Comparing the rise of crypto assets to the gold rush, a top executive at the European Central Bank has urged governments to take action to prevent “a lawless frenzy of risk-taking.” Speaking in the U....
Bitcoin, Binance Coin, Klaytn, and Flow Daily Price Analyses – 27 April Roundup
TL;DR Breakdown The global crypto market has made significant improvements as it turned bullish, adding 0.93%. Bitcoin has also been able to grab its part in the profits, adding 2.03% over the last 2...
Bitcoin is the Perfect Asset for Retirement, Says Michael Saylor
Following Fidelity’s move to offer Bitcoin as part of its retirement 401(k) accounts, MicroStrategy CEO Michael Saylor opined that the digital asset is a perfect fit for retirement, even better than b...
Bitcoin [BTC]: Why a ‘theoretical target’ of $21.5K is worth looking at
Bitcoin’s price, at the time of writing, flashed an interesting yet extremely bearish setup, one that has already been breached. Therefore, investors need to tread lightly around BTC and altcoins sinc...
Bitcoin On-Chain Activity Turns Green, Will Price Action Follow?
Bitcoin on-chain activity has once again turned green signaling some good tidings for the digital asset. All across the board, metrics have been on the rise with some reaching as high as double-digita...
60% of Bitcoin’s mining sector has adopted sustainable energy: BMC
Bitcoin (BTC) mining companies are becoming more environmentally conscious, with the global Bitcoin mining industry increasing its sustainable energy mix by 59 percent year over year. According to the...
Why Gold Is Beating Bitcoin In 2022
Bitcoin continues to underperform as a general “risk-off” sentiment has investors driving toward gold as a safe haven asset. Not Risking It Concerns about the Russo-Ukrainian war continue. The U.S. in...
Bitcoin rebounds off 6-week lows amid warning of ‘brutal’ BTC price bull trap
Bitcoin (BTC) reclaimed $39,000 on April 27 after another night of pain saw BTC/USD hit its lowest levels since mid-March. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “All assets suffe...
Brazil Finally Passes Its Crypto and BTC Regulatory Bills!
9 hours ago | 2 mins read Editors News Brazil apsses crypto and BTC regulatory bills. Will be implemented by the end of 2022. Possibilities to make BTC as legal tender, high. Brazil, has been into va...
Not selling any bitcoin: Microstrategy CEO denied the rumor
Chairman and CEO Michael Saylor of Microstrategy (NASDAQ: MSTR) has denied reports that the business is secretly selling its Bitcoin holdings. Will he sell his company’s holdings? After a large sum of...
Bitcoin’s Electricity Consumption Decreased by 25%
BMC now represents 50% of the global Bitcoin Mining Network The industry’s sustainable electricity mix is now 58.4% BMC previously had a membership hashrate of 29 EH Toward the finish of May last year...