The beginning of 2022 has been rocky for the world’s largest cryptocurrency, Bitcoin. Many experts believe the digital token will eventually hit the $100K price. For them, this is not a case of if but...
Tag: Bitcoin
Bitcoin slumps 3% as data reveals hotter than expected CPI print
The price of Bitcoin tanked by 3% following the release of September’s Consumer Price Index (CPI) data showing inflation at 8.2% year-over-year. This came in worse than the 8.1% expected rate, extendi...
Elizabeth Warren Calls Texas ‘Deregulated Safe Harbor’ for Bitcoin Miners
Massachusetts Senator Elizabeth Warren and a group of six other U.S. lawmakers have requested information on the energy usage and potential environmental impact of Bitcoin mining operations in the sta...
Bitcoin (BTC) Trader Who Called 2022 Market Crash Says Now Is Not the Time To Be Bearish
The widely followed Bitcoin (BTC) analyst who predicted the king crypto’s current fall from all-time highs says today is not the day for a bearish outlook. Pseudonymous trader Capo tells their 550,600...
Bitcoin at a Critical Support Despite a Drop Below $19,000-Is it a Bear Trap?
Bitcoin price broke the crucial support line and slumped hard below $19,000 just before the release of the fresh CPI rates. The market is expecting yet another shock wave as the MoM of the FOMC meetin...
Samsung Electronics to Secure its Smart Gadgets With Blockchain-Based Solution
Multinational tech giant, Samsung Electronics has unveiled its plans to protect its connected devices using a Samsung Knox Matrix solution. As announced by the firm, the official unveiling of the adva...
Massive Bitcoin Volatility as US Inflation Clocks in at 8.2%
Perhaps somewhat expected, the volatility has returned to the cryptocurrency market, albeit event-driven. The ongoing turbulence is caused because the United States Bureau of Labor Statistics released...
Elon Musk Launches Foul Fragrance, Accepts Payment in Bitcoin, Ethereum, Dogecoin and Additional Altcoins
Elon Musk is adding a new quirky product to his company’s lineup of goods and services that can be paid for with crypto. The billionaire’s tunneling startup Boring Company just launched a perfume call...
CoinCorner Sets Up Shop In El Salvador, Offers Bitcoin And Lightning Services
Huge move by the CoinCorner team. They waited until the Bitcoin Amsterdam Conference to announce their biggest expansion yet. The company opened up shop in El Salvador AKA Bitcoin country. Considering...
SHIB, SOL Fall to 4-Month Lows, US Inflation Higher Than Expected – Market Updates Bitcoin News
Shiba inu fell to a four-month low on Thursday, as consumer prices in the United States rose by more than expected. U.S. inflation came in at 8.2% in September, which is higher than the 8.1% consensus...
Bitcoin Price Threatened By Inflation, CPI Print To Shed More Light
Hovering at a range between $18,800 and $19,500, the Bitcoin price is chopping out short and long positions. The current dynamics in the market have been determined by macro forces leading BTC to extr...
Over $256,000,000 in Bitcoin and Crypto Liquidated as US Inflation Report Triggers Flash Crash
Hundreds of millions of dollars worth of crypto assets have been liquidated as new inflation data shakes global markets. According to data from market intelligence firm Coinglass, about $250 million w...
Bitcoin Price In The Verge Of Another Breakdown
It’s been more than a month that Bitcoin has been trading below $20,000. In fact, the currency had even dropped to near $18,860. At the time of reporting, Bitcoin is selling at $18,756 with a plunge o...
Uniswap Labs Rakes in $165M in Series B as Valuation Hits $1.66B
Uniswap Labs has landed the sum of $165 million in Series B funding as it looks to focus on the release of new products. According to the protocol’s founder, Hayden Adams, the funding round was led by...
Nasdaq Jumps, Bitcoin Up on Inflation Downtrend – Trustnodes
Markets seem to have decided that the inflation report was good news in the end, with Nasdaq seeing a 5% move from -3% to now 1.41% in green. Dow has gone from -2% to +2.29% in one of the biggest uno ...
Bitcoin Long-Term Holders’ Profitability Collapses to 2018 Bear Market Levels
Advertisement     Transactions carried out by Bitcoin long-term holders (LTHs), a cohort of BTC investors that have held coins for over 155 days, is beginning to signa...
Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September – Economics Bitcoin News
The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday show...
Can XRP Continue To Outperform Bitcoin?
Ripple struggled to clear the $0.550 resistance against the US Dollar. XRP price is now moving lower and might drop further similar to bitcoin. Ripple faced a strong selling interest near the $0.55 zo...
Bitcoin to Reach $1,000,000 Mark by 2023 According to Ark Invest Analyst
Arman Shirinyan One of most reassuring predictions about Bitcoin is still on, according to analyst Ark Investment Management analyst Yassine Elmandjra, who previously made a bold $1 million Bitcoin pr...
Over $8 billion outflows Bitcoin within hours after U.S. inflation hits 8.2%
Bitcoin (BTC) is experiencing a spike in selling pressure moments after the United States inflation figures for September came in hotter than expected. The capital outflow in the asset has triggered s...
Bitcoin, From Revolution to the Establishment – Trustnodes
There was a time when plenty of bitcoiners didn’t even know who the Fed was, except that it causes inflation. Now, plenty of bitcoiners are in Wall Street offices – or their bedroom – keeping an eye o...
Bitcoin, Binance Coin, ApeCoin, and Tezos Daily Price Analyses – 13 October Morning Prediction
The global crypto market has seen a sudden change in pattern. The recent hours brought considerable losses to Bitcoin, Binance Coin, and others. Market analysts had predicted a change in the market pe...
Brazilian Securities and Exchange Commission CVM Defines Rules to Classify Cryptocurrency Assets as Securities – Regulation Bitcoin News
The Brazilian Securities and Exchange Commission (CVM) has clarified the criteria by which different cryptocurrency assets can be considered securities. Through the issuance of a guidance opinion docu...
Bitcoin Price Prediction – BTC entering a STRONG BUY Zone?
As the crypto market consolidates, crypto day traders increase the volume of their trades. In fact, this consolidation is the perfect time to cash in on predictable price actions. Bitcoin specifically...
Bitcoin Price Prediction for Today, October 11: BTC/USD Dips below $19k
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction is back under $19,000 after losing an important trend line that has supported the cryptocurrency’s u...
Revolutionary Bitcoin Scaling Solution Announces Community Presale
Advertisement     Softnote, a revolutionary Bitcoin scaling solution built on the Tectum blockchain, has disclosed the commencement of its community presale via a rece...
BTC Below $19,000 Following FOMC Minutes – Market Updates Bitcoin News
Bitcoin was trading below $19,000 on Thursday, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. In the minutes, the Federal Reserve hinted at upcoming hikes, while also a...
Bitcoin Becoming Less Volatile Than Stocks Raises Warning Flag
(Bloomberg) — At first blush, Bitcoin becoming less volatile than stocks might appear like a positive development. But crypto traders are warning that in a low-volume environment, that might not...
Nearly 50% Of All Bitcoin Holders in Loss, As It Has Proven To Be An Indicator Of BTC Bottom Since 2011
– Advertisement – The number of Bitcoin holders in loss approaches almost 50%. 2022 has been a tough year for many cryptocurrency investors, as the prices of all digital currencies have ...
Bitcoin Mining Reserves Falls to Decade Low Amid Low Price
3 hours ago | 2 mins read Bitcoin News Bitcoin miners had a total of 1.91 million BTC in their wallets. The analytics firm’s miner reserve is the total amount of Bitcoin kept in wallets. IntoTheBlock,...
U.S. Inflation Is Sticky at 8.2%. What’s Next for Bitcoin?
Key Takeaways U.S. inflation declined from 8.3% to 8.2% on a yearly basis in September. Although the Consumer Price Index fell by 10 basis points, the decline was less than economists’ expectati...
Bitcoin Dives on Inflation Data, Nasdaq Red – Trustnodes
Bitcoin is down by about 5%, with the global currency starting to fall two hours prior to the inflation report, after a further dive on its publishing. It initially went down to $18,700, to then fall ...