A senior Bloomberg analyst says that with global markets in turmoil, Ethereum (ETH) could perform better than Bitcoin (BTC) and the stock market. Bloomberg commodity strategist Mike McGlone tells his ...
Tag: Bitcoin
Cash App Introduces Bitcoin Transactions via Lightning Network
Payment processing app created by Block Inc, Cash App, has now added support for Bitcoin transactions enabling users to both send and receive Bitcoin via the lightning network. After its integration w...
RockItCoin Buys Toa Bitcoin That Houses Over 50 ATM Machines Across The U.S.
An ATM operator, RockItCoin, recently saw a need to improve its operations with more machines, In light of this, the company revealed that it has eventually acquired Tao Bitcoin. This includes all 56 ...
LBank Labs Invites Czhang to Join as Investment Group Member – Press release Bitcoin News
press release PRESS RELEASE. Internet City, Dubai, Oct. 26, 2022 — Crypto Investment Group, LBank Labs, welcomes new member Czhang to their investment committee team. With many successful investment c...
Trader Who Accurately Predicted 2022 Crypto Crash Updates Outlook on Bitcoin and Ethereum As Volatility Spikes
A widely followed trader known for calling this year’s crypto crash is warning that the current market bounce will ultimately turn into a deadly fakeout. The pseudonymous trader known as Capo tells hi...
Cathie Wood Seems Bullish for Bitcoin as an Investment
In the recent interview with Peter McCormack’s “What Bitcoin Did” Cathie Wood shared about her holding in Bitcoin. Wood shared that she bought $100,000 worth of Bitcoin in 2015 that is currently worth...
Euro session sees further $315 million shorts liquidated as Bitcoin bulls cut loose
Data from Coinglass showed a further $314.97 million crypto shorts were liquidated since the Euro trading session opened. This move brings the total liquidations over the last 24 hours to $1.12 billio...
World’s First Bitcoin ETF Struggles, Recording 70% Loss
The world’s first Bitcoin ETF, launched amid great fanfare in the U.S. a year ago, has tanked dramatically – losing more money than any other ETF debut. Upon its launch in late Oct last year, ProShare...
NYDIG Launches Wolf an Accelerator for the Lightning Network
Stone Ridge Holdings Group, the parent company of Bitcoin infrastructure provider NYDIG has launched In Wolf’s Clothing (Wolf), an accelerator dedicated to the Bitcoin Lightning Network Layer-2 protoc...
Bitcoin Traders Should Check These Data As They Brace For The Next Bull Run
Bitcoin holders and investors are still waiting for the next bull cycle that will once again catapult the crypto’s price to levels that may be higher than its current all-time high. Hopefuls believe t...
DOGE Hits 2-Month High, ADA Rallies by 10% – Market Updates Bitcoin News
A day after hitting a one-week high, dogecoin raced to a two-month high earlier in today’s session. Wednesday’s surge in price comes as the global cryptocurrency market was up by nearly 7% on the day....
Bitcoin, Binance Coin, ApeCoin, and Hedera Hashgraph Daily Price Analyses – 26 October Morning Prediction
The global crypto market has witnessed a considerable change in value over recent hours. The journey of rising in value has continued to strengthen the market. The value of Bitcoin, Binance Coin, and ...
UK flocks to Bitcoin in September due GBP to decline
Bitcoin’s (BTC) trading volume with the British Pound Sterling surged by 233% in September, according to CryptoCompare data. In September, the British Pound fell to a record low against the US Dollar....
Bitcoin and Gold, the eternal struggle
The correlation between the two safe haven assets tightens with a first-round going to Bitcoin, although Gold is promising a battle. Bitcoin and Gold as safe-haven assets Protecting oneself in times o...
Crypto Exchange MEXC Introduces Second-Level K-Line Function for Real Time Furtures Trading
To enhance real-time futures trading, crypto exchange MEXC has introduced the second-level K-line function. The latest function will incorporate the one-second time period, given that the K-line chart...
White House Says Reports of National Security Reviews on Elon Musk Are ‘Not True’ — Tesla CEO Prepares to Close Twitter Deal Friday – Featured Bitcoin News
The White House has clarified that the Biden Administration is not discussing subjecting Elon Musk’s ventures to national security reviews. The Tesla CEO is reportedly preparing to close the $44 billi...
Sub-$20K Bitcoin price puts BTC miner profits under pressure as hash rate soars
October witnessed a surge in Bitcoin’s hash rate, which is pushing the metric to a new high of 245 exahashes per second. These changes led to a sharp decrease in the hashprice, resulting in a drop in ...
Bitcoin Touches $21,000 on Nasdaq Red – Trustnodes
Bitcoin is up close to another $1,000 today even though stock futures were red, and despite a dip of just $100 on market opening that saw Nasdaq down 2%, bitcoin went on to touch $21,000. Ethereum was...
Ethereum leads gains as Bitcoin crosses $20k
The cryptocurrency market cap saw net inflows of $65.75 billion over the past 24 hours, pushing the total to $995.22 billion from $929.47 billion as of press time. The market cap increased by 7.10% ov...
Australia to Continue Treating Cryptos as Assets
Australia has decided to continue treating cryptocurrencies as assets. According to the Australian government’s budget announcement on Tuesday, legislation will be put upon treating digital curr...
Bitcoin price analysis: BTC breaks $20,400, further upside incoming?
Bitcoin price analysis is bullish today as we have seen a strong spike higher yesterday and follow-up bullish momentum over the past hours. Therefore, we expect BTC/USD to push even higher and look to...
Global Bitcoin Payments Market To Meteorically Rise to Nearly $4,000,000,000,000 Within a Decade: New Study
A report published in Allied Market Research forecasts the value of the Bitcoin (BTC) payment market will balloon to almost $4 trillion by 2031. The report predicts that Bitcoin’s payment market value...
BTC, ETH Hit 6-Week Highs as Dollar Loses Steam – Market Updates Bitcoin News
Bitcoin rose to its highest level in six weeks on Wednesday, as the U.S. Dollar continued to weaken versus several G7 currencies. The latest decline in USD comes as consumer confidence in the United S...
Bitcoin price outlook: Analyst identifies key level for bulls as BTC breaks above $20K
Bitcoin and cryptocurrencies have added more than 7% in market capitalization over the past 24 hours, with more than $72 billion added to the global crypto market cap Bitcoin (BTC/USD) jumped more tha...
BaaS to Boost Blockchain Adoption in the Healthcare Market, Study Shows
The enhanced adoption of blockchain as a service (BaaS) is anticipated to boost the blockchain in the healthcare market, according to a report by Research and Markets. Since BaaS entails third-party ...
Reasons Behind The Bitcoin Price Rally
Following the Bitcoin price’s extreme loss of volatility over the past few weeks, yesterday’s rally feels like new hopium and a massive move to the upside. For the first time in three weeks, the price...
Bitcoin price crosses $20K as daily crypto short liquidations pass $400M
Bitcoin (BTC) spiked above $20,000 on Oct. 25 as risk assets benefited from new U.S. dollar weakness. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin taps three-week highs Data fro...
Whale Selling May Make It Difficult For Bitcoin To Hold Above $20k
– Advertisement – Whale selling appears to push Bitcoin’s price down following a price surge yesterday. In a CryptoQuant Quicktake shared today, CryptoQuant analyst Achraf Elghemri disclos...
5% Global Business Transactions Expected to Utilize Blockchain Technology by 2028: SkyQuest
At least 5% of worldwide business transactions are expected to utilize blockchain technology thanks to heightened activity in the fintech blockchain market, according to a report by research firm SkyQ...
Bitcoin Soars to 6-Week High, Crypto Market Cap Taps $1T (Market Watch)
Following days of lack of almost any volatility, bitcoin finally went on a tear in the past 12 hours and skyrocketed to its highest price point since mid-September. The altcoins are well in the green ...
Recent Poll Shows Citizens of El Salvador Still Not Sold on Bitcoin – Emerging Markets Bitcoin News
A recent poll completed by the Public Opinion University Institute, part of the Simeon Canas Centroamerican University, has found that El Salvador is still not attracted by the idea of bitcoin as lega...
Beware of Bitcoin Bank and Intesa Sanpaolo
A piece of dangerous fake news is circulating that needs to be paid attention to because it actually promotes an attempted scam. It is the news about Bitcoin Bank and Intesa Sanpaolo. Bitcoin Bank is...