Meta’s Facebook Reality Labs (FRL) division has reported a third-quarter loss of over $3.7 billion, making only $285 million, according to its earnings report released on Wednesday. The FRL is r...
Tag: Bitcoin
Is Bitcoin Rise Above $20k Sustainable? Here’s What On-Chain Data Says
Bitcoin is now back above the $20k mark after observing some sharp uptrend over the past day, but is this pump sustainable? Here’s what on-chain data has to say about it. Bitcoin All Exchanges Netflow...
Glassnode Acquires Crypto Portfolio Tracking Tax Platform Accointing.Com
Leading crypto market intelligence provider Glassnode has acquired crypto portfolio tracking tax platform Accointing.com to allow users to track their portfolios in one place. Glassnode is an on-chain...
Bitcoin, Ethereum, Synthetix, and eCash Daily Price Analyses – 26 October Roundup
The global crypto market has continued to be bullish after the recent boost. The ongoing changes for Bitcoin, Ethereum, and others show that the bullishness is likely to continue. As the positive chan...
Google Admits Crypto Winter Is Hurting Ad Business – Bitcoin News
The digital asset market downturn that started the current crypto winter is negatively affecting search spending, Google has acknowledged. Ad growth in the third quarter fell to a low seen only once i...
Bitcoin Bollinger Band Breakout Starts To Squeeze Shorts
In this episode of NewsBTC’s daily technical analysis videos, we take a look at the ongoing Bitcoin price breakout above the upper Bollinger Band on daily BTCUSD charts and provide some insight into w...
Bitcoin liquidates over $1 billion as BTC price hits 6-week highs
Bitcoin (BTC) saw its highest levels since mid-September on Oct. 26 as BTC/USD approached the pivotal $21,000 mark. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bears lose big as Bitcoi...
Whale Alert: 15K Bitcoin (BTC) Moved Post Recent Rally
After an 8% increase in value over the last 24 hours, the Bitcoin price is now at $20,764. A whale withdrew 1,389 Bitcoin from FTX, valued at almost $29 million. In the last 24 hours, the price of a B...
Binance Launches Oracle Services on BNB Chain
Crypto exchange Binance has launched an oracle service called Binance Oracle to power the BNB chain ecosystem, making it the first-ever blockchain to use Binance Oracle. Though the team at Binance has...
Major Altcoins Skyrocketed As Bitcoin Turns Green
Published 11 hours ago Crypto price today Oct 26th: the crypto market witnessed a significant recovery since last weekend, pushing the major cryptocurrencies to higher levels. As of now, the global ma...
Economist Peter Schiff Warns the US Dollar Will Crash — Says ‘We’re Going to Default’ – Economics Bitcoin News
Economist Peter Schiff has warned that the U.S. dollar will crash. Noting that the U.S. is “in a much bigger fiscal mess than Great Britain,” with a much bigger debt problem, Schiff stressed: “Can we ...
JPMorgan May Hate Bitcoin, but Millions in Crypto Think Differently
JPMorgan Chase really appears to hate Bitcoin and crypto, as long as you ignore the millions of dollars they are throwing at the sector. For years, the investment bank has pursued investments in block...
Bitcoin predictions for 2022 – The Cryptonomist
As usual, many predictions are circulating regarding the possible course of Bitcoin’s price in the remaining months of 2022, but none seem to have a solid basis. What is clear, however, is that the p...
UAE’s Central Bank Completes Wholesale CBDC Pilot Program
The Central Bank of the United Arab Emirates (CBUAE) said on Wednesday that it has completed the first and the largest wholesale pilot of central bank digital currencies (CBDC) transactions. CBUAE sai...
Bitcoin Continues Its Upturn, Rests Comfortably Over $20.7K
Bitcoin and ether, the two largest cryptocurrencies by market capitalization, recently rose 3.3% and 6.7%, respectively, over the past 24 hours. On Tuesday, BTC crossed $20,000 for the first time sinc...
Bitcoin (BTC) Price Can Surge 10x If This Scenario Repeats – Predicts Kraken Analyst
Once again, Bitcoin has resumed its downward trade. Is the asset for a bearish yearly close? Every cryptocurrency specialist will most likely have a unique assessment or forecast regarding the price ...
UK Seeks to Recognize Bitcoin and Crypto as Regulated Financial Instruments
The United Kingdom has drawn a step closer to becoming one of the most recognized crypto hubs in the world as the House of Commons, the Parliament, passed the amendment to the Financial Services and M...
Bitcoin Exchange Reserves Down To Just 12.2% Of Supply As 123.5k BTC Gets Withdrawn In Oct
Data shows the Bitcoin exchange reserve has now declined to just 12.2% of the total supply, after investors withdrew 123.5k BTC this month. Bitcoin Percent Supply On Exchanges Shrinks To 12.2% Accordi...
US-China Tensions, Russia-Ukraine War ‘Far More Concerning’ Than Recession – Economics Bitcoin News
JPMorgan Chase CEO Jamie Dimon says the tensions between the U.S. and China and the Russia-Ukraine war are “far more concerning than whether there’s a mild or slightly severe recession.” He stressed: ...
8,270 Old Bitcoin On Move As BTC Soar 7% Nearing $21K
– Advertisement – Whales continue to mount pressure on Bitcoin price by selling the top asset. As the price of Bitcoin surged above $20,000, high net-worth investors saw the recent price h...
Swiss’ SEBA Bank Launches Regulated Custody Services for Blue Chip NFTs
SEBA bank, a crypto-friendly bank in Zug, Switzerland, on Wednesday, announced the launch of an NFT custody solution that gives customers the ability to hold Non-Fungible Tokens (NFTs) without the has...
Bitcoin Crosses $20,000, What Next? Crypto Daily TV 26/10/2022
In Todays Headline TV CryptoDaily News: Crypto stocks soar as Bitcoin rallies to retake $20K. Bitcoin has risen nearly 5% in value to above $20,000 for the first time in about three weeks, and ether i...
Bitcoin Touches $21k as Bank of Canada Flashes Signs of Pivot
Bitcoin reached past $21,000 on Wednesday for the first time since mid-September, following a lower-than-expected rate hike at the Bank of Canada. Economists say the move may signal a reversal from t...
Bitcoin ETF to be Liquidated by Valkyrie Funds
Valkyrie to liquidate one of its Bitcoin ETF soon. About Valkyrie Balance Sheet opportunities ETF. Struggling to get approval from regulatory body SEC. The Firm’s Declaration On 11 october, the Valk...
Fed Governor Waller Skeptical of Central Bank Digital Currencies — Says He’s ‘Not a Big Fan’ of the Fed Issuing Digital Dollar – Regulation Bitcoin News
Federal Reserve Governor Christopher Waller says he is not a big fan of the Fed issuing a central bank digital currency (CBDC). “It’s just a checking account at the Fed,” said the governor. Federal Re...
Continuous Crackdown on Crypto by US SEC is a Bullish Factor for Investors – Report
Investors in the digital currency ecosystem have varying reasons to inject their capital into the emerging industry and the current crackdown from the United States Securities and Exchange Commission ...
‘Ill-Timed” ProShares Bitcoin ETF Plunges Over 70%
As per the data compiled from Morningstar Direct for FT, the Bitcoin Strategy fund (BITO) launched in October 2021 by ProShares lost money on an “unprecedented scale.” The ETF has attracted consistent...
Why Bitcoin Miner Capitulation Has Concluded For This Cycle
Every crypto bear market has seen Bitcoin miner operations capitulating to stay financially afloat. This capitulation often marks a bottom for BTC and the crypto market, allowing it to consolidate bef...
Aspen Creek Digital and Compass Mining to Host Thousands of Bitcoin Mining Rigs at Texas Solar Farm – Mining Bitcoin News
On October 26, the bitcoin mining operator Aspen Creek Digital Corporation (ACDC) announced that the company has commenced operations at its solar farm-powered high performance computing center (HPCC)...
MAS Seeks to Ban All Forms of Crypto Credits in Singapore
The Monetary Authority of Singapore (MAS) has issued a new set of guidelines in its characteristic manner to tame the risks inherent in the crypto industry to retail consumers. The MAS said Digital Pa...
Bitcoin Profit: Unlocking new financial possibilities through crypto
Cryptocurrencies and blockchain technology have undoubtedly dominated the news over the past two years. As the global pandemic provided an ideal setting for cryptocurrencies to shine, the crypto indus...
Crypto Payments Firm Bitpay Adds MATIC Support, Panini America to Accept Polygon Payments – Bitcoin News
Bitcoin and crypto payment services provider Bitpay has announced that the company now supports the Polygon (MATIC) network. According to the firm, Bitpay app users will be able to store, trade, and s...