Alex Dovbnya Bitcoin’s market capitalization has surpassed $500 billion as its price reaches $26,533 on the Bitstamp exchange, the first time it has hit that mark since July 2022 The market capi...
Tag: Bitcoin
Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks – Bitcoin News
After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s Investors Service has downgraded the rating of the U...
Bitcoin briefly breaches $26.4k only to tumble as prices fall again
The price of Bitcoin briefly surpassed $26,400 on March 14 around 1 p.m. UTC — representing an approximately seven-month high. The cryptocurrency last saw a comparable market value in August 2022. How...
Bitcoin Jump Above $25k Sends 2.7M More Coins Into Profits
On-chain data shows around 2.7 million more coins have entered a state of profit following Bitcoin’s jump above the $25,000 level. 65% Of The Adjusted Bitcoin Supply Is Now In The Green According to d...
3 Reasons Bitcoin Exploded to a 9-Month High This Week
Bitcoin soared to a high of $26,514 on Tuesday, up 30% since crashing below $20,000 on Friday. What caused the king of crypto to rebound in such a spectacular fashion? Here are three possible reasons:...
Bitcoin Is Pumping—But It’s Not Yet ‘Decoupling’ From Stocks, Analysts Say
As Bitcoin’s price surged past $26,000 on Tuesday, crypto traders were quick to claim that the recent uptick in digital asset prices represented a significant shift in momentum. Crypto Twitter is fill...
Bitcoin Smashes Past $26K as CPI Report Shows Inflation Held Steady in February
Bitcoin soared past $26,000, a price not seen since last Summer, on the back of the latest CPI print that showed inflation in the U.S. is still very much alive. The Consumer Price Index (CPI) rose 6...
Bitcoin Soars Above $26,000 on Bank Collapses – Trustnodes
Bitcoin has risen above $26,000 for the first time in nine months since the Luna collapse in June sent its price diving from $32,000. That $32,000 might now be the new resistance in due course after w...
Bitcoin tops $26,500, spurs Crypto Twitter chorus of ‘we’re so back’ before falling again
Markets • March 14, 2023, 4:15PM EDT Bitcoin soared to its highest point since June before gains were mostly wiped out. Bitcoin briefly broke $26,500 shortly after the release of U.S. inflation ...
The Block: Bitcoin mining report: March 14
Bitcoin mining stocks tracked by The Block were higher on Tuesday, with 15 gaining and the other four declining. Bitcoin rose 3.3% to $25,152 by market close. © 2023 The Block Crypto, Inc....
Bitcoin exchange net inflow highest in 10 months
On-chain data shows that bitcoin (BTC) has been flowing to centralized cryptocurrency exchanges at an impressive rate amid the recent market chaos. Data provided by Glassnode shows that the net transf...
Crypto Fund Outflows Hit All-Time High Last Week, $255M in Bitcoin, Ethereum
Investors pulled a net total of $255 million out of exchange-traded crypto funds last week, the largest weekly outflow CoinShares has ever recorded, according to a report on Monday. Assets under manag...
Bitcoin Surges Nearly 20% Following Silicon Valley Bank ‘Bailout’
The price of Bitcoin is surging, up 19.8% in the past day after regulators and the Joe Biden Administration stepped in to assuage investors that depositors in the failed Silicon Valley Bank would be m...
MicroStrategy Stock up 16% after Bitcoin Price Strikes $24,000
MicroStrategy stock price bounced 16% on March 13 2023 after Bitcoin price recovered 25% from recent low. MicroStrategy stock (MSTR) defends $200 support level despite global selloff. MSTR stock price...
Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders – Bitcoin News
The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hidi...
Bitcoin breaks multiple key resistance levels on path to $26K
Definition The 200 Week Moving Average (200W-SMA) The 200 Week Simple Moving Average provides a tool capturing the baseline momentum of a classic 4 year Bitcoin Cycle. Yearly Moving Average (365D-SMA)...
Binance Swaps BUSD Stablecoin From ‘Recovery Fund’ to Bitcoin, Ethereum, BNB
Binance, the world’s largest crypto exchange by trading volume, responded to the latest drama around the USDC stablecoin by converting the remainder of its $1 billion Industry Recovery Initiative fund...
Bitcoin (BTC) Nowhere Near Finished Ripping, Says Top Crypto Trader – Here’s His Target
A widely followed crypto analyst says that Bitcoin (BTC) has a lot more room to run higher after forming a bullish market structure. Pseudonymous analyst Kaleo tells his 563,800 Twitter followers that...
What Determines the Price of Bitcoin?
In brief Bitcoin prices are driven by the same principles of supply and demand that govern the cost of goods and services, exchange rates, etc. Price discovery is now determined primarily on centraliz...
Bitcoin Targets $27,000 As CME’s Bitcoin Futures Events Contracts Make Their Debut ⋆ ZyCrypto
Advertisement     Bitcoin is gaining significant bullish momentum following a potpourri of multiple tailwinds, including the launch of event contracts on BTC futures b...
US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision – Bitcoin News
The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for a...
Bitcoin Breaches $26k Level as Crypto Market Rallies Post CPI Inflation
Bitcoin News The 12-month change in the core CPI rate was 0.5% higher in February, bringing it to 5.5%. Bitcoin finally surpassed the critical $26,000 price milestone. The value of Bitcoin (BTC), the ...
Bitcoin Surges as US Inflation Rises
Bitcoin, the world’s largest cryptocurrency, experienced a surge in price following the release of the US Department of Labor’s latest Consumer Price Index (CPI) data for February 2023. Th...
FNCT (Financie Token) Exceeds JPY 20 billion (USD 150 million) in IEO Applications – Press release Bitcoin News
press release PRESS RELEASE. Trading available on Coincheck (exchange) from March 16 〜 FNCT (Financie Token) main page: https://fnct.xyz Financie, Inc. (Headquarters: Shibuya-ku, Tokyo, CEO: Hironao K...
Bitcoin (BTC) Price Witnesses Rapid Surge Crossing $26K Mark
2 hours ago | 2 mins read Bitcoin News The United States Consumer Price Index (CPI) data exhibited conflicting inflation indications on March 14, driving Bitcoin (BTC) over $26,000. The announcement o...
Bitcoin Breaks $26K as U.S. Inflation Slowed to 6% in February
“The macro backdrop is transitioning from that of tightening to significant loosening, or at least this is what the market is predicting,” Bob Ras, co-founder of Sologenic, a blockchain-powered ...
‘Very Lucky’ Solo Miner Solves Bitcoin Block for $148K Reward
A solo Bitcoin miner was rewarded for adding block 780,112 to Bitcoin’s blockchain, beating the odds as countless others raced toward the same goal. The miner used the Solo CK Pool mining service to e...
A new ‘high’ for Bitcoin and the crypto-market, but here’s why that will change…
Digital asset investment product saw the largest single weekly outflows on record last week. BTC’s outflows represented 95% of the total monies that left the market According to a new report by digita...
Bitcoin value rises despite SVB
Despite the failure of Signature Bank, one of the first banks in the world to invest in Bitcoin, the value of the world’s most popular cryptocurrency continues to rise. Here’s why. What happened to Si...