Beleaguered crypto lending platform Celsius Network has incurred more than $3 million in legal fees, according to a filing shared on Friday. The bankruptcy proceedings, which have been costly for Cel...
Tag: Bitcoin
Altcoin Watch: Top 3 Tokens for Better Entry- QNT, HT & AR
The digital currency ecosystem is currently experiencing a massive valuation plunge as the cryptocurrency industry is still trying to find a balance after the United States Bureau of Labor Statistics ...
Why Ethereum Whales Selling Their Holdings?
Blockchain analytics company Santiment released data on Sunday showing that large Ethereum investors are actively dropping their holdings and have already sold over $4.2 billion worth of the coins in ...
Bitcoin Price Lacks Momentum But BTC Holders Are Safe: Here’s Why
Bitcoin price struggled to clear the $20,000 resistance zone against the US Dollar. BTC might decline, but there is a key support waiting near the $18,900 zone. Bitcoin failed to gain momentum for a m...
Economist Peter Schiff Warns Fed Action Could Lead to Market Crashes, Massive Financial Crisis, Severe Recession – Economics Bitcoin News
Gold bug and economist Peter Schiff says there are two possible outcomes of the Federal Reserve’s action on the U.S. economy. One outcome leads to “a massive financial crisis and severe recession” as ...
Will Bitcoin Become More Volatile As US Inflation Hits 8.2%
The impact of macroeconomic factors on crypto and Bitcoin is increasing as inflation gets stronger. Both the crypto and the traditional market are facing a raging storm. Many international bodies fear...
Elon Musk Says Spacex Will Keep Funding Ukraine for Free Even Though Starlink Is Losing Money — $80M Spent so Far – Featured Bitcoin News
Spacex CEO Elon Musk says that his company will “keep funding” the government of Ukraine for free even though Starlink is losing money, noting that it has cost Spacex $80 million so far to provide int...
Islamic Coin Claims it Will Scale Like Bitcoin and Hit $1 Trillion in Value
Islamic Coin (ISLM) is an emerging cryptocurrency that complies with the rules of Shariah. The founders of the coin have made a wild claim. Their Muslim-focused asset could scale like Bitcoin (BTC) an...
While Its Lost 94% in Value Since the Collapse, Terra’s Fractured Ecosystem Is Still Worth $2.5 Billion – Altcoins Bitcoin News
It’s been five months since the Terra ecosystem collapsed as tens of billions of dollars in value disappeared from the crypto economy in a matter of days after May 7. Terra’s new Phoenix blockchain ma...
Budweiser Releases Virtual Scoreboard NFTs Ahead of World Cup in Qatar
Multinational beer company Budweiser and the international football governing body FIFA have created an intriguing method for football fans to experience the world cup, with the introduction of the &#...
Bitcoin Holds Steady Despite US CPI Data Spooking Investors — Is A Crash To $12,000 In The Offing? ⋆ ZyCrypto
Advertisement     After staying flat for most of the week, Bitcoin plunged by about 7% to $18,200 on Thursday following a hotter-than-expected Consumer Price Index (CP...
Why Bitcoin is Still a Great Opportunity According to DBS Bank
Singaporean financial services firm DBS Bank believes that Bitcoin remains an unprecedented opportunity despite concerns about the high volatility in the crypto market. During a recent media briefing...
Bitcoin Currently Very Undervalued Based on On-Chain Metrics, According to Top Analyst Will Clemente
Bitcoin (BTC) is currently at significant bargain levels according to multiple under-the-radar on-chain metrics, according to analyst Will Clemente. In a new interview with Altcoin Daily, Clemente say...
Binance to Offer $500 Million Worth of Loans to Crypto Mining Industry – Mining Bitcoin News
Cryptocurrency exchange Binance has set out to support crypto miners through a lending program established by its mining pool. Presenting the initiative this week, the coin trading platform also unvei...
Michael Saylor Pitches Bitcoin to Ray Dalio
Alex Dovbnya Both moguls recently stepped down from their leadership positions as markets continue to face a high degree of uncertainty Former MicroStrategy CEO Michael Saylor claims that Bitcoin is t...
Bitcoin clings to $19K as trader promises capitulation ‘will happen’
Bitcoin BTC stayed rigidly tied to $19,000 into the Oct. 16 weekly close as analysts warned that volatility was long overdue. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: BTC v...
Bitcoin Whale Moves 500 BTC Dormant Since 5+ Years Ago
On-chain data shows a Bitcoin whale has recently transferred around 500 BTC that had been previously dormant for around 5 to 7 years. Bitcoin Spent Output Age Bands Show Spike In 5-7 Years Old Coins A...
Michael Saylor: Bitcoin Will Hit $68K Again by 2026
Michael Saylor of MicroStrategy fame is still a major bitcoin believer. Despite all the bearishness that’s happened with the world’s number one digital currency over the past several months, Saylor is...
Bitcoin Futures Market Remains Heated As Leverage Stays High
On-chain data shows the Bitcoin futures market has remained heated recently as leverage taken on by investors has been quite high. Bitcoin Estimated Leverage Ratio Declines A Bit, But Still Remains Ve...
Bitcoin (BTC) Price Analysis for October 16
All coins from the top 10 list have followed the drop of Bitcoin (BTC) this week. BTC/USD Bitcoin (BTC) is outperforming other cryptocurrencies from the top 10 list as the decline over the last week h...
Bitcoin Price Analysis: 19042 Tested Again
BTC/USD Tests Big 19042 Level: Sally Ho’s Technical Analysis – 17 October 2022 Bitcoin (BTC/USD) remained drawn to technical support early in the Asian session as the pair again tested the 19042.57...
Is Bitcoin price lower than 5 years ago, or has it doubled?
Bitcoin (BTC) prices during the coldest winter in crypto history have been very discouraging for investors. At specific points, the prices were lower than they were almost five years ago. Nevertheless...
French Bank SocGen Obtains Regulatory Approval to Offer Crypto Assets Services
According to a breaking report released Sunday, Société Générale, a major bank in France, quietly received regulatory approval to operate as a digital asset service provider in the country last month....
Blockchains Do Not Address Any Fresh Issues – Polygon’s Sandeep Nailwal
The Co-founder of Polygon Sandeep Nailwal has disproved one of the most harmful myths propagated by fervent blockchain skeptics and that is the fact that the Web3 revolution is not solely intended to ...
FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues – Economics Bitcoin News
While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback....
China’s Digital Yuan Has Topped Over $14 Billion in Transaction Volume
The Chinese Central Bank Digital Currency (CBDC) also known as the e-CNY has hit close to $14 billion (100.04 billion Yuan) from 360 million transactions as it gains widespread acceptance in the count...
Bitcoin, Binance Coin, Uniswap, and Cosmos Daily Price Analyses – 16 October Morning Prediction
The performance of the global crypto market has seen a negative trend due to continuing losses. The recent data for Bitcoin, Binance Coin, and others show a continuation of losses. If the current situ...
First Spot Bitcoin ETP to the Middle East bought to you by 21Shares
The world’s largest crypto ETP issuer has brought the first physically backed bitcoin ETP to the Middle East as the company continues to expand globally after a new round of funding Middle East’s leve...