Bitcoin Lacks Momentum Above $38.5K, But Dips Likely To Be Limited

Bitcoin extended increase above the $38,800 resistance zone against the US Dollar. BTC is now struggling near $39,200 and might correct a few points. Bitcoin started a fresh increase and was able to c...

Diem was a waste of time, Meta should’ve focused on BTC

Twitter founder Jack Dorsey said that Meta’s failed cryptocurrency project Diem was “wasted effort and time,” and it should have focused its efforts on “making Bitcoin more accessible for everyone.” M...

Bitcoin, Ethereum, Uniswap, and Algorand Daily Price Analyses – 1 February Roundup

TL;DR Breakdown The global crypto market is again in the doldrums, losing 5.66% in 24 hours. Bitcoin is in a bullish mood has added 0.55% in the last 24 hours. Ethereum is also in a mood to add furthe...

BTC/USD Is in a Sideways Move as Bitcoin Pauses above $38,000

BTC/USD Reclaims $38,000 Support as Bitcoin Pauses above $38,000– January 31, 2022 BTC/USD is now consolidating below the $39,000 overhead resistance as Bitcoin pauses above $38,000. The price action ...

Bitcoin Has Been Trading South Of $40,000—Where’s It Headed Next?

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...

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 Options Traders Turn Bearish: Report

In brief Implied volatility is low, meaning traders anticipate less upward or downward price movement for Bitcoin. The volatility skew is higher than usual, meaning “buy” options are cheap...

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 &nbsp &nbsp 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...