On-chain data shows Bitcoin open interest has reached dangerously high values, a sign that a leverage flush may be coming soon. Bitcoin Open Interest Rises To High Values As pointed out by an analyst ...
Tag: Bitcoin
SEC Postpones Decision on NYDIG Bitcoin Spot ETF
Key Takeaways The SEC has delayed its decision on whether to approve a Bitcoin spot ETF proposed by the asset manager NYDIG. The regulator was originally expected to reach a decision in January; now t...
China Releases Digital Yuan Wallet as Bitcoin Crackdown Continues
In brief China is in the middle of piloting its e-CNY (electric Chinese yuan) network. This is the first public release of the e-CNY wallet. At the start of 2021, China dominated the Bitcoin mining in...
Bitcoin Turns in Top Performance for 2021, Outperforming Gold, Commodities and Other Major Asset Classes
Bitcoin (BTC) is the best-performing major asset class for three consecutive years, topping gold and large equity markets, according to data compiled by Compound Capital Advisors CEO Charlie Bilello. ...
Seven Under-the-Radar Altcoins Explode 75% or More Over Past Week While Bitcoin and Ethereum Consolidate
A cluster of up-and-coming altcoins are starting the new year with major price breakouts while the top two crypto assets move sideways. Frax Share (FXS) is the governance token for the Frax stablecoin...
Defi TVL Jumps 12% Since Mid-December, Close to $25B in Bridges, Convex Gains on Curve’s Dominance – Defi Bitcoin News
The total value locked (TVL) in decentralized finance (defi) has risen 4% during the first four days of the new year from $245 billion on January 1, to $255.84 billion three days later. While the defi...
ViaBTC teams with Zionodes to improve bitcoin mining services
Zionodes, a bitcoin mining marketplace recently announced its strategic partnership with the mining service provider, ViaBTC. The Zionodes platform offers a decentralized marketplace that aggregates d...
Bitcoin is set to take further market share from gold, according to Goldman Sachs
advertisement Bitcoin’s ascent will cost gold market share, according to a research report by investment banking giant Goldman Sachs. In a note to clients dated January 4, the bank said that th...
Kosovo Bans Bitcoin Mining After Energy Shortage Prompts State of Emergency
In brief Kosovo declared a state of emergency to deal with its energy crisis in December. The government is acting on a committee recommendation to prohibit mining. The Kosovo government today declare...
Top Trader Says Bitcoin Breakout on Horizon, Predicts Rallies in Fantom (FTM) and One More Altcoin
A widely followed crypto trader says Bitcoin is forming a pattern reminiscent of July before its big breakout, and that two other altcoins are looking bullish. The pseudonymous trader known as Canteri...
Bitcoin whales move – The Cryptonomist
In the days celebrating 13 years of Bitcoin, whales are in particular turmoil, making maxi-transactions, as denoted by the Whale Alert Twitter account. Bitcoin whales’ maxi-transactions Today, a 778 ...
Breaking down Bitcoin miner manufacturers’ multi-billion-dollar contracts for 2022
January 4, 2022, 2:44PM EST • 6 min read Quick Take Major Chinese Bitcoin miner manufacturers have been contracted to deliver at least 1 million units of ASIC miners in 2022. We break down their mark...
Here’s When Bitcoin Price Will Hit $98k! Right Time To Fill Bags? – Coinpedia – Fintech & Cryptocurreny News Media
There is no change in the market’s mood, though the new year has begun. The global crypto market, again in misery, suffers a dip of 1.67% in the previous 24 hours. The total crypto market cap now stan...
The Investing Highs And Lows Of 2021
Any way you look at it, 2021 was an eventful year—from a new president to new virus variants to new all-time highs for Bitcoin and the S&P 500 (70 record closes!). We even saw the rise of a whole ...
MicroStrategy Just Bought a Lot More Bitcoin
Last Thursday, MicroStrategy – the billion-dollar software firm that became one of bitcoin’s biggest institutional supporters in 2020 – announced that it purchased a lot more bitcoin now that the curr...
Bitcoin Dominance Aims At Historic Lows, Unprecedented Altcoin Season Potentially Ahead
While Bitcoin continues to take a beating in terms of dollars, the top cryptocurrency also continues to lose its share over the market cap. In fact, with the most recent support level breached, BTC do...
Altcoins turn bullish even as Bitcoin price slips below $46K again
The mood across the cryptocurrency is one of growing anticipation as the price of Bitcoin (BTC) continues to trade just below $47,000. The sideways price action has analysts warning that an “explosive...
SEC delays decision on NYDIG’s bitcoin ETF proposal
advertisement The Securities and Exchange Commission (SEC) has delayed on another spot bitcoin exchange-traded fund (ETF), as an extension notice for NYDOG’s Bitcoin ETF hit the register today. ...
El Salvador Prepares Legislation for First Bitcoin Bond
Key Takeaways El Salvador will send roughly 20 laws to Congress in preparation for launching a Bitcoin bond, the Minister of Finance has confirmed to local news. The country is planning to issue $1 bi...
SEC Again Delays Decision on NYDIG Bitcoin ETF
In brief The SEC has delayed approving or rejecting NYDIG’s Bitcoin ETF until March 16. If approved, it will be the first spot-based Bitcoin ETF in the country. The SEC has again delayed giving a R...
Bitcoin, Terra (LUNA) and One More Altcoin Set for Rallies, According to Crypto Analyst
A popular crypto strategist says Bitcoin (BTC), Terra (LUNA), and one other low-cap altcoin are preparing for their next moves up. Pseudonymous crypto analyst Capo tells his 229,500 Twitter followers ...
Bitcoin Beat All Capital Markets in 2021: Goldman Sachs Research
Data from a Goldman Sachs report shows that bitcoin outperformed all capital markets in 2021. Bitcoin saw a 60% return over the year, with crude oil coming in next at 55%. Bitcoin has been the best pe...
Top Bets Other Than Bitcoin in 2022! DOT, SOL, and MATIC To Become the Gamechangers!
The price action of the flagship asset has been faint of heart over the past couple of months with a generation of consecutive higher lows. Whilst Bitcoin price struggles to hold major support levels,...
Between COVID and Environmental Issues, Bitcoin Continues to Sink
The price of bitcoin has fallen from around $51,000 to just over $47,000 at the time of writing, and several other forms of crypto are also feeling the heat. Ethereum, for example, has risen about 400...
Adidas Originals NFT Compilation Enters Top 50 Collections by Volume, Close to $60M in Sales in 18 Days – Bitcoin News
Less than 20 days ago, the German multinational sneaker and sportswear corporation Adidas launched the company’s Adidas Originals non-fungible token (NFT) collection and since then the NFT compilation...
Freecash Review: Complete Easy Tasks and Withdraw Free Cash in Crypto including Bitcoin and Ethereum
Not everyone is comfortable with the idea of “free” money. Cash, like respect, has to be earned: it can be done the hard or the easy way. In both cases, it depends on what’s on the table. In the case ...
Tradery Capital Outperforms Bitcoin In 2021 By Significant Margin
Automated trading strategy generates returns of over 74 percent on the year San Juan, Puerto Rico, Jan. 04, 2022 (GLOBE NEWSWIRE) — (via Blockchain Wire) Tradery Capital (the ‘company’), an artificial...
Almost 10% of All Bitcoin Now Held By Companies and ETPs – Trustnodes
Exchange Traded Products (ETPs) now hold about 5% of bitcoin’s total supply with 809,848 BTC, worth close to $40 billion, held by stock traded products. Grayscale’s Bitcoin Trust is the biggest by far...
Bitcoin Price Analysis: BTC rejects upside at $47,500, headed lower again?
TL;DR Breakdown Bitcoin price analysis is bearish today. BTC/USD continued higher overnight. Further upside at $47,500 quickly rejected. Bitcoin price analysis is bullish today as we expect another dr...
Melania Trump acknowledges Bitcoin anniversary despite Donald’s disdain
Peter Schiff and his son, Spencer Shiff, are quite popular in the crypto space due to the kind of relationship they share with crypto. While Peter Schiff has been a vocal critic of Bitcoin and the dig...
Italian bank Banca Generali may integrate Bitcoin in 2022: Report
Banca Generali, a major Italian bank with an AUM of €73.3 billion as of 2020, may integrate Bitcoin services this year, media reports claimed. According to Riccardo Renna, Chief Operation Officer and ...