Bitcoin was rejected at $43,000 once again, and the bears pushed the asset to and below $42,000. Most altcoins are also deep in the red, with ETH close to $3,100. The total market cap is down to just ...
Category: Bitcoin
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China Cracks Down On Illegal Bitcoin Miners; Seizes Over 3500 Rigs
China is known for being very vocal against the use of cryptocurrency and its mining. Once a Bitcoin mining powerhouse, the country is now cracking down on crypto by seizing equipment and raising elec...
$4,000,000,000 in Bitcoin Exiting Crypto Exchanges Every Month As Outflows Reach Historic Proportions: Glassnode
The co-founder of leading analytics platform Glassnode says higher prices for Bitcoin are inevitable as BTC leaves exchanges at historic levels. Yann Allemann tells his 52,700 Twitter followers that h...
Bank of Spain Reminds Public Cryptocurrency Purchases Can Be Blocked in Certain Cases – Bitcoin News
The Spanish central bank, Bank of Spain, has warned users about certain actions banks can take if they detect cryptocurrency purchases. In a post published on its web page, the institution explains th...
Bitcoin (BTC) Falls to $42,000 Amid Bearish Weekly Close
Bitcoin (BTC) is showing conflicting signs in long and short-term time frames, making the direction of the trend unclear. Bitcoin decreased considerably during the week of April 4-11, creating a beari...
Serena Williams calls Bitcoin (BTC) a “super strong investment”
Renowned tennis star, Serena Williams, has praised Bitcoin because of its unique features. The 23-times Grand Slam Champion has said that Bitcoin is a “super-strong investment”. Williams made these re...
Musk Abandons Twitter Board, Tesla Builds Partnership to Make BTC Mining Eco-Friendly
Elon Musk, the biggest shareholder of Twitter, has decided not to join the board of Twitter, says CEO Parag Agrawal. Meanwhile, in an effort to make Bitcoin mining more environmentally friendly, Musk&...
Long BTC Liquidations Surge, Bitcoin Exchange Outflows Reach $6.6 Billion
Institutional and retail crypto selling increased during the last few days after Bitcoin failed to break above $45,000. According to the data posted by Coinglass, $25 million worth of long Bitcoin tra...
BTC stocks correlation ‘not what we want’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the second week of April with a whimper as bulls struggle to retain support above $40,000. After a refreshingly low-volatility weekend, the latest weekly close saw market nerves r...
Crypto Strategist Warns Deep Bitcoin Correction Coming, Says BTC Flashing November 2021 Vibes
A closely followed crypto strategist and trader says Bitcoin’s (BTC) price action resembles the market top of November 2021 and is ready for another deep retracement. In a new strategy session, pseudo...
Correlation Between Bitcoin and Big Tech Stocks Rises to Record High Levels
The correlation between bitcoin and big tech stocks, as indicated by the Nasdaq 100 index, is increasing. Arthur Hayes also believes that could result in a drop in price for Bitcoin and Ethereum if bi...
Elon Musk Abandons to Join Twitter Board, while Tesla Join Hands with Tech Firms for Mining Bitcoin Green
In efforts to make Bitcoin (BTC) mining more environmentally friendly, Tesla, Blockstream, and Jack Dorsey-owned Block, formerly Square, have teamed up to power a mining facility with solar energy, ac...
Tanzania Officials Want Global Clarity on CBDCs and Crypto Assets – Regulation Bitcoin News
Officials from Tanzania’s financial sector have called for a clearer global consensus on central bank digital currencies (CBDCs) and crypto-assets. The officials agreed that more discussions still nee...
Bitcoin, Binance Coin, The Graph, and KuCoin Token Daily Price Analyses – 10 April Roundup
TL;DR Breakdown The global crypto market continues in a difficult situation as the losses amount to 1.99% in 24 hours. The value of Bitcoin is getting thinner with every passing day, shedding 1.30% ov...
Bitcoin (BTC) Extends Losses, $37K Likely The Next Support Level
Bitcoin (BTC) extended its losses on Monday, falling further into a trading range it has stuck to for most of the year. Analysts expect the token to deepen its losses, given that pressure from inflati...
Attention Traders! Crypto Space to Ignite a Massive Bull Run, Bitcoin(BTC) Price to Hit $140K by the End of 2022 – Coinpedia – Fintech & Cryptocurreny News Media
Weekends usually forecast a diverse trend, but the past one failed to register any huge spikes. The bears still appear to hold a strong grip over the asset and hence the price may continue to consolid...
Bitcoin Declines as ‘Sugar Rush’ From Miami Crypto Event Fades
(Bloomberg) — Bitcoin briefly dropped below $42,000 for the first time since March 23, sliding back further into the range in which it has traded this year on mounting concerns about rising inte...
This is Where Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) Prices Are Heading This Week
As crypto markets show symptoms of weakening, a top crypto trader is changing his outlook on the main digital asset Bitcoin (BTC), top altcoin Ethereum (ETH), and popular meme token Dogecoin (DOGE). B...
Cathie Wood’s Ark Invest dumps PayPal favoring Bitcoin-friendly Cash App
Crypto investment company Ark Invest founder, Cathie Wood, has dumped all of the firm’s holdings of PayPal and showed greater confidence in the long-term growth of the Cash App payment system which us...
Crypto Exchanges Binance and Whitebit Offer Help for Ukrainian Refugees – Exchanges Bitcoin News
The global crypto community has actively supported humanitarian efforts in Ukraine and two crypto exchanges are also looking to help Ukrainian refugees abroad. Binance, the largest coin trading platfo...
Bitcoin Dips as Shanghai Stocks Fall – Trustnodes
Bitcoin briefly fell below $42,000 during Shanghai trading hours as Chinese stocks saw a day of red. The Shanghai Composite Index fell by more than 2% at one point, while the Shenzhen Component Index ...
Will Lighting Lab’s dream to make dollar backed by Bitcoin’s liquidity come true
Lightning Labs’ Taro has caught the attention of many Bitcoin enthusiasts for the potential it has and what Lightning Labs are selling, stating Taro will help in Bitcoin-izing the dollar since Bitcoin...
Crypto And Cocaine Down Under: Australian Cops Seize Bitcoin ATMs And Drugs In Sydney Warehouse
These days, cryptocurrency, drugs and other banned stuff go hand in hand. In Australia, police joined forces with federal authorities in the United States to apprehend a group of men accused of money ...
Need to File Fast? Follow This No-Nonsense Guide From Koinly – Sponsored Bitcoin News
sponsored Left your crypto taxes until the last second? Here’s how to get your crypto taxes done by April 18 with the least amount of friction possible. The IRS has been really clear that cryptocurren...
Ethereum (ETH) Mining Revenue Surpasses Bitcoin (BTC) Again in March 2022
Despite Bitcoin miner revenue increasing in March, Ethereum miners still came out 10% ahead in revenue over miners of the first blockchain-backed cryptocurrency. March proved to be an arduous month f...
This is How & When Bitcoin (BTC) Price Will Hit $50k – Coinpedia – Fintech & Cryptocurreny News Media
After being rejected at the 200-day moving average line in the $48K range, Bitcoin’s price surge stalled. Since the MA200 rejection, the price has fallen lower and is currently retesting the 50-day an...
Why Bitcoin Is The Hope And Future Of Activist Movements
At the Bitcoin 2022 conference in Miami, probably the most important panel presented was about global financial inclusion. To many, Bitcoin is not just something of monetary value, but the only techno...
Terra’s LFG Pool Adds $170 Million Worth of Bitcoin at $42,600
The Luna Foundation Guard (LFG) pool has bought Bitcoin yet again. The pool currently holds almost 40,000 BTC, worth some $1.675 billion at the time of this writing. Luna’s LFG pool has added another ...
UK Regulator Allows 5 Crypto Firms to Operate With Temporary Registration – Regulation Bitcoin News
Britain’s top financial regulator, the Financial Conduct Authority (FCA), has allowed five crypto firms to continue to operate in the U.K. with temporary registration. The deadline for crypto firms to...
Bitcoin Resumes Decline, Why BTC Could Revisit $40K
Bitcoin started a fresh decline from the $43,400 zone against the US Dollar. BTC remains at a risk of more downsides below the $41,500 level. Bitcoin started a fresh decline after it failed to surpass...
XBT: What Is It Actually And How Does It Differ From BTC?
What is XBT? There is much confusion around the ticker symbol XBT among inexperienced crypto investors. Let’s understand what it is: It is a ticker symbol used for Bitcoin. Similar to the ticker symb...
‘Pay In Doge?’—Elon Musk’s Surprise Twitter Plan Could Sideline Bitcoin And Ethereum In Favor Of Dogecoin After Boosting Its Price
Elon Musk, the dogecoin-backing Telsa billionaire who sent shockwaves through the bitcoin, crypto and tech world when he revealed he’d bought around 9% of Twitter this month, has posted a flurry...