While the price of Bitcoin is in a downtrend, analysts are trying to determine possible scenarios for its further movements. One way to manage investment risk is to try to determine the worst case sce...
Category: Bitcoin
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Bitcoin threatens $38K as 3-day chart hints at March 2020 Covid crash repeat
Bitcoin (BTC) further tested $38,000 overnight as the weekend began with uncertainty among traders. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 3-day chart could be “precursor...
Bitcoin Consolidation Continues, Ripple (XRP) Skyrockets 7%
Bitcoin’s price continues to consolidate and has failed to produce a meaningful and sustained movement in any direction. Meanwhile, Ripple’s XRP is the only altcoin in the top 10 that’s charting a ser...
What is compressing Bitcoin’s price under the psychological $40,000 mark
On different bearish occasions, Bitcoin long-term holders remained unfazed with the market trends. While many investors preferred exiting their Bitcoin positions, LTHs continued to HODL. Doom and Gloo...
Terraform Labs Donates 12 Million LUNA to Luna Foundation Guard – Bitcoin News
Terraform Labs, the company behind the creation of Terra, has announced a new donation to support the ecosystem of the terra (LUNA) token. Do Kwon, CEO of Terraform Labs, announced that the company ha...
Bitcoin: two years to the next halving
Bitcoin’s last halving occurred on 11 May 2020 at block 630,000. Since Bitcoin halvings occur after exactly 210,000 blocks, the next halving will occur at block 840,000. When will the next Bitcoin ha...
UK Declares Bitcoin ATMs Illegal, Orders Immediate Shutdown
UK’s Financial Conduct Authority (FCA) said on Friday that all crypto ATMs operating in the country were doing so illegally, and ordered operators to immediately shut them down. Britain’s top financi...
Mexican Drug Cartels Are Increasingly Using Bitcoin (Report)
According to a recent report, some of the notorious Mexican drug cartels are increasingly using bitcoin for their illicit operations. Among these organizations are Jalisco New Generation Cartel and Si...
This is When Bitcoin traders Can Expect BTC Price To Break Out!
Buying Bitcoin has been touted by crypto advocates as a safe refuge against depreciating currencies and political unrest. Now, as Russia’s invasion of Ukraine adds to the globe’s humanitarian and fina...
Bitcoin (BTC) Bull Trend Will Continue Hints On-Chain Metric !
The crypto market has finally shpowing signs of recovery after a disappointing week. Major altcoins tend to flip the bearish divergence quickly and rebound. Advertisement Bitcoin Price Bulls are Here...
All Bitcoin ATMs in UK to shut down as FCA deems them “illegal”
Bitcoin ATMs first appeared in 2014 and their popularity increased greatly throughout 2020 and 2021. Their popularity attracted swindlers as well as the UK government’s negative attention. The UK hasn...
Zapala Free Zone to Offer New Opportunities to Bitcoin Miners in Argentina – Bitcoin News
The Zapala Free Zone, an area located in Neuquen, Argentina that has the objective of incentivizing various productive activities, will receive its first bitcoin mining-related investment this year. T...
Chainlink (LINK), Ethereum (ETH), and Bitcoin (BTC) Price are Heading Towards This Level!
The global cryptocurrency market capitalization jumped 1.55 percent over the last 24 hours to $1.75 trillion. Bitcoin Price was trading at $39,090.12, marginally below the $40,000 mark on the morning ...
Bitcoin, Ethereum, Decentraland MANA, and Hedera Daily Price Analyses – 11 March Daily Roundup
TL;DR Breakdown The global crypto market is bullish, adding 1.72% in 24 hours. Bitcoin has added 2.05% over the last 24 hours, growing in bulk. Ethereum has also turned bullish, adding 1.81% over 24 h...
Canadian Police Seize Bitcoin Worth $28 Million From Former Government Employee in Ransomware Case – Regulation Bitcoin News
Canada’s police have seized bitcoin worth more than $28 million from a former government employee who has been extradited to the U.S. to “face charges for dozens of ransomware attacks resulting in the...
Global economic outlook tanks in February as Bitcoin decouples from traditional market
February has been a busy month at the crypto front. Many vital changes took place, which was easily missed by the community as the Russian invasion of Ukraine kept the headlines occupied. The war affe...
AMC Theatres Now Accepts Dogecoin and Shiba Inu Crypto Payments – Featured Bitcoin News
The world’s largest movie exhibition company, AMC Entertainment, has finally begun accepting payments in dogecoin and shiba inu. Supporters of DOGE and SHIB have been waiting for AMC Theatres to accep...
Michael Saylor appreciates Bitcoin’s Scarcity, prefers BTC over Gold
MicroStrategy CEO Michael Saylor is always optimistic about Bitcoin and often gives his opinions regarding the potential of the cryptocurrency. Gold is another commodity, but Bitcoin’s scarcity makes ...
Bitcoin derivatives metrics reflect traders’ neutral sentiment, but anything can happen
Bitcoin’s (BTC) last daily close above $45,000 was 66 days ago, but more importantly, the current $39,300 level was first seen on Jan. 7, 2021. The 13 months of boom and bust cycles culminated w...
A Legendary Investor Just Predicted The End Of The U.S. Dollar—And Warned Over The Future Of Bitcoin Amid Extreme Crypto Price Swings
The U.S. has imposed unprecedented sanctions on Russia’s banks, wealthy individuals and the country’s central bank in recent weeks—going so far as to lock it out of its foreign reserves. S...
Is Bitcoin A Tool For Criminals? Drug Cartels Prefer Banks
A report from The International Narcotics Control Board (INCB) shows that bitcoin is not the preferred method for drug cartels and other criminal groups to launder money, they rather use banks. This o...
US Treasury Launching Cryptocurrency Awareness Program – Regulation Bitcoin News
The U.S. Department of the Treasury is launching a cryptocurrency awareness program. “We’re just trying to raise awareness without trying to stamp out new technology and new innovation,” said an offic...
El Salvador Pegs Bitcoin Sovereign Bond Launch Between March 15-20
El Salvador’s finance minister, Alejandro Zelaya, stated on Friday that the Central American country is looking for the ideal time to introduce a bitcoin-backed bond, which might happen between March ...
South Korea Elects Bitcoin-Friendly President — Here Is What He Plans To Do ⋆ ZyCrypto
Advertisement     On Thursday, March 10, Yoon Suk-yeol, the leader of South Korea’s largest opposition party clinched victory, becoming the president-elect after scoop...
El Salvador Could Delay Bitcoin Bond Amid Russia-Ukraine War Concerns
Key Takeaways El Salvador’s Minister of Finance has said that the country’s Bitcoin bond was nearly ready, but that the war in Ukraine has affected its timeline. $1 billion in Bitcoin bond...
Bitcoin Jumps To $40k As Putin Sees “Positive Movement” In Negotiations
Bitcoin has reclaimed the $40,000 mark in the last hour, following indications of progress in discussions between and Ukraine amid the ongoing conflict. Russian President Vladimir Putin stated that “p...
Bitcoin Miners’ Holdings Reach 2010 Levels: Report
Arman Shirinyan Bitcoin miners’ balances reach 1.95 million, the lowest point in last 12 years Contents Why are miners getting rid of their coins? Additional factors According to data provided b...
Chainalysis Launches Screening Tools Designed to Prevent Sanctions Evasion – Blockchain Bitcoin News
Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Ru...
Bitcoin Exchange Withdrawals Suggests Whales Are Accumulating
Bitcoin exchange withdrawals and deposits can often be a way to gauge how investors are looking at a digital asset. This is why there are often products that track the movement of bitcoin in and out o...
SEC Rejects Bitcoin ETFs From NYDIG and Global X
Key Takeaways The SEC has rejected two proposals for Bitcoin ETFs from the investment management firms NYDIG and Global X. The Bitcoin investment funds were intended to go live on two exchanges: NYSE ...
Mainstream Hedge Funds Silently Pouring Billions of Dollars Into Bitcoin, Ether, Crypto: Report ⋆ ZyCrypto
Advertisement     Despite the ongoing geopolitical tensions sapping retail traders’ appetite for risk, mainstream hedge funds have been loading up in the past four mon...