Market analysts comment on bitcoin’s latest price movements. (Photo illustration by Chesnot/Getty … [+] Images) Getty Images Bitcoin prices have been struggling lately, dropping to a six-m...
Category: Bitcoin
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Crypto Asset Manager Wisdomtree Reveals ‘Direct-to-Retail’ Digital Wallet – Bitcoin News
The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blo...
MicroStrategy Takes $147M Impairment Charge on Bitcoin Holdings in Q4
MicroStrategy (MSTR) reported a non-cash digital asset impairment charge of $146.6 million in the fourth quarter, up from $65.2 million in the prior quarter, according to its latest earnings statement...
Bitcoin Price an Inch Close to Make a Huge Move, Target at $42K Appears Pretty Clear! – Coinpedia – Fintech & Cryptocurreny News Media
Bitcoin in recent times is making some strong calculated moves that are working out. As the price is ranging high steadily despite some of the minor pullbacks which is short-lived. The last fortnight ...
MicroStrategy Buys 660 More BTC For $25 Million
In a world where many businesses are cutting back on spending, it’s refreshing to see one enter the market with an acquisition. The NASDAQ-listed business intelligence giant MicroStrategy, to stay tru...
Bitcoin Whale MicroStrategy Splurges $25 Million In First BTC Buy Of The Year ⋆ ZyCrypto
Advertisement     MicroStrategy once again bought the dip. This time, the business intelligence firm added another 660 BTC to its corporate treasury. MicroStrategy Add...
El Salvador Rejects IMF Call to Abandon Bitcoin as Legal Tender – Regulation Bitcoin News
El Salvador has rejected the recommendation by the International Monetary Fund (IMF) to drop bitcoin as legal tender. The country’s finance minister reportedly “angrily” said, “No international organi...
Bitcoin Market Dominance Hit Highest Since November 2021, No Alt Season in Sight
After reaching its biggest market capitalization dominance since November 2021 last week, Bitcoin is regaining market share from altcoins. The pioneer momentarily accounted for almost 42% of the globa...
Bitcoin price closes in on $40K, but pro traders are still skeptical
The Bitcoin (BTC) daily price chart seems to be making a steady recovery pattern, but some concerning indicators are coming from derivatives markets. At the moment, the futures and options markets are...
SEC Asks Bitwise to Address Concerns About Proposed Spot Bitcoin ETF
The SEC has asked Bitwise to clarify how the investment firm will prevent share manipulation, fraud and other potential issues in its proposed spot bitcoin ETF, according to a notice to the company on...
BTC, BNB, ADA, SOL and AVAX Price Analysis for February 1
The new month has begun with a bounceback of the cryptocurrency market as all of the top 10 coins are in the green zone. Top coins by CoinMarketCap BTC/USD Yesterday, in the first half of the day, the...
Is Bitcoin in for a short Squeeze? 4 bullish trends to look out for
Bitcoin is now into its 12th week of the prevailing drawdown since the all-time-high, and derivatives traders are betting on more downwards movements by the premiere cryptocurrency. Meanwhile, on-chai...
Bitcoin Mining Carbon Emissions at ‘Inconsequential’ Levels: CoinShares
In brief CoinShares says Bitcoin mining is responsible for less than 0.1% of global carbon emissions. It says “the emission costs of Bitcoin are dwarfed by its benefits.” It’s hard t...
MicroStrategy will continue to buy BTC despite impairment charges
advertisement MicroStrategy plans to continue investing its free flows into bitcoin, and expects its investors to think of it as a vehicle for crypto exposure. The firm shared its Q4 earnings report t...
Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet – Wallets Bitcoin News
On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for My...
Bitcoin Price Rises As El Salvador Rejects IMF Call To Ditch BTC
Bitcoin started rising with the news El Salvador rejected the IMF request to drain BTC as a currency. In response, Bitcoin grew to a 14-day high price level, adding more than a quarter trillion US dol...
Drew Brees to Get Paid in Bitcoin via NYDIG’s BTC Savings Plan
Retired NFL quarterback-turned-entrepreneur Drew Brees has elected to take part of his salary in Bitcoin through NYDIG’s new Bitcoin Savings Plan. Brees, who currently works as an analyst for NBC Spor...
Bitcoin On-Chain Environment Suggesting Bullish Undertones, According to Analytics Firm Glassnode
Blockchain analytics firm Glassnode says that Bitcoin’s on-chain fundamentals have hints of bullishness, suggesting that recent market correction could be close to over. In its latest report, Glassnod...
Michael Saylor’s MicroStrategy Splashes Another $25 Million on Bitcoin
Leading business intelligence and software company MicroStrategy recently acquired an additional 660 bitcoins between the periods of December 30th 2021 and January 30th 2022. Per the Tuesday announcem...
Bitcoin Will Need Help From the Stock Market To Kick Off Reversal, According to Crypto Analyst Benjamin Cowen
A popular crypto analyst is looking at historical Bitcoin (BTC) trends as well as the US stock market to determine when the cryptocurrency might regain some positive momentum. In a new strategy sessio...
Microstrategy Buys 660 More Bitcoins —Total Holdings Rise to 125,051 BTC – Featured Bitcoin News
Nasdaq-listed Microstrategy has bought 660 more bitcoins at an average price of $37,865 per coin, bringing the total crypto holdings of the company to 125,051 bitcoins. “Our strategy with bitcoin has ...
Bitcoin Inflows Suggest Institutional Investors Are Moving Back Into The Market
Bitcoin and the crypto market at large had suffered outflows that coincided with the massive sell-offs that rocked the market. This contributed to the downtrend that saw bitcoin touch towards six-mont...
El Salvador Taps AlphaPoint to Fix State-Sponsored Bitcoin Wallet Chivo
In brief El Salvador’s state-sponsored Bitcoin wallet had numerous problems after its September launch. A U.S. software company has been hired to fix them. El Salvador’s government today announc...
Thailand, stop to Bitcoin trading tax
Thailand has abandoned its intentions to implement a tax on Bitcoin and cryptocurrency trading and this has made local traders breathe a sigh of relief. The tax on Bitcoin trading in Thailand As repor...
Institutional Investors Cautiously Building Crypto Positions As BTC Remains Below $40,000
Institutional investors appear to be dipping their toes back into the crypto markets to get in on lower price levels, according to a new report. Digital asset manager CoinShares says investors are cau...
BTC/USD Is in a Range Bound Move as Bitcoin Fluctuates above $38,000
BTC Trades Marginally as Bitcoin Fluctuates above $38,000 – January 31, 2022 BTC/USD has resumed a narrow range between $38,200 and $39,000 price levels as Bitcoin fluctuates above $38,000 . Today, Bi...
Why This Bank Will Offer Bitcoin And Ethereum Via Bakkt
Bakkt recently announced that Hanover Bank will integrate with its platform to expand access to Bitcoin and Ethereum. The New York-based financial institution will be part of Bakkt’s early adopter pro...
AdaQuest to Hold a Public Sale on KICK․IO – Press release Bitcoin News
press release PRESS RELEASE. It is surprising how many NFT enthusiasts are also into role-playing games. In retrospect, it was only really a matter of time before someone combined these two passions i...
On-Chain Analyst Willy Woo Makes Argument for Why Bitcoin (BTC) Is Not in a Bear Market
Crypto analyst Willy Woo is examining the on-chain metrics of Bitcoin (BTC) to determine the flagship cryptocurrency’s current market state. Woo says on the What Bitcoin Did podcast that, based on on-...
Mainstream Adoption Won’t Boost Bitcoin Price
Goldman Sachs’s words have been interpreted as a sign that the cryptocurrency craze may be coming to an end. The analysts at this global banking powerhouse say they don’t see mainstream adoption boost...