A recent CryptoQuant analysis suggests that this year is the best time to accumulate bitcoin (BTC), as the asset’s current position, determined by its MVRV ratio, indicates that further drastic price ...
Tag: Bitcoin
Bitcoin Price ABOVE $22,000 again…Fake Crash Alert?
The Bitcoin price has risen above the $22,000 mark again in the last few hours. Previously, the price fell from over $23,000 to $21,500. A larger drop or even a crash threatened as a result. After the...
Binance sees surge in withdrawals amid spooked investors
As a direct result of the recent announcement that Paxos and its stablecoin Binance USD might be subject to regulatory action, the cryptocurrency exchange Binance has experienced a significant increas...
Bitcoin Is in Better Shape, but Not Everyone’s Bullish
Bitcoin is experiencing all kinds of small price rises in 2023. Things are starting to look good for the world’s number one digital currency by market cap, especially when compared with how things wen...
DOGE, SHIB Surge as Elon Musk Tweets Dog CEO Pictures – Market Updates Bitcoin News
Dogecoin rallied on Feb. 15, as Elon Musk tweeted a picture of a Shiba Inu dog, with the caption: “The new CEO of Twitter is amazing.” Following this tweet, both dogecoin and shiba inu surged, extendi...
Bitcoin BTC Price Rebounds Above $22K After Tepid Inflation Readings
Joe DiPasquale, CEO of crypto fund manager BitBull Capital, told CoinDesk that he wouldn’t be surprised to see post-CPI-release gains dissipate by the end of this week. DiPasquale highlighted th...
Bitcoin Deposits to Singaporean Digital Asset Bank Doubles in 2022
DBS saw an 80% rise in BTC trades and twice the deposits from the previous year. The bank’s ETH custody rose by 60%, while the traded volume increase by 65%. DDEx is a members-only exchange for corpor...
Bitcoin Nears $23,000 – Trustnodes
Wow bitcoin stood. The crypto crisis as the media calls it is clearly being seen by cryptonians as more the crypto can play too with bitcoin now recovering and pretty much fully. Why? First, let’s sta...
Bitcoin (BTC) Price Regains Momentum, Targets $24,500
The Bitcoin (BTC) price retraced a portion of the previous increase but has regained its strength and could make an attempt at moving toward $24,500. The weekly Bitcoin price outlook is decisively bul...
MicroStrategy (MSTR) Stock Is Up – MSTR, Bitcoin And Michael Saylor
Microstrategy stock price is rising, many analysts speculate Bitcoin is behind it. Charlie Munger hasn’t had the time to study says Michael Saylor. Bitcoin is currently on its way to break the resista...
Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase – Bitcoin News
A former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public at $0.05 per unit, according to a report citing an...
Satoshi Nakamoto once explained why Bitcoin is unlikely to fail; Here’s what he said
Satoshi Nakamoto, the anonymous creator of Bitcoin (BTC), once explained why he believed the digital currency was unlikely to fail in comparison to previous similar products. His explanation, posted ...
Argentines Turn to Bitcoin Trading Amid Rising Inflation
Argentines continue to enter the crypto market and engage in P2P Bitcoin trading. The volume of P2P Bitcoin trading has been consistent as the country faces high inflation volumes. Argentines continue...
Bitcoin Spot Volume Stays Stable, But Binance’s Share Grows
Data shows the Bitcoin spot trading volume has remained stable in the past week, but Binance’s dominance of it has grown further. Binance’s Bitcoin Trading Volume Dominance Is Around 96% According to ...
BTC, ETH Extend Gains Following US Inflation Report – Market Updates Bitcoin News
Bitcoin traded above $22,000 on Feb. 15, as markets continue to react to the latest U.S. inflation report. The consumer price index rose 0.5% in January, following a gain of 0.1% the month prior. Over...
Bitcoin shoots higher as whales take control
The world’s first cryptocurrency Bitcoin (BTC) has seen a significant price increase over the last 24 hours and on-chain fundamentals show that long term holders are still keeping their coins. Bitcoin...
Bitcoin retests $22.8k as hashrate hits 300 EH/s
Bitcoin (BTC/USD) rose on Wednesday as the crypto market strengthened following the week’s turmoil amid negative regulatory news and uncertainty across stock markets after Tuesday’s US inflation data....
$340 billion broker debuts Bitcoin trading in Hong Kong as crypto demand grows
Interactive Brokers, a global electronic broker with a valuation of about $340 billion, has announced the launch of cryptocurrency trading in Hong Kong. The new product allows professional investor c...
Bitcoin price clings to $22K as investors digest the recent SEC actions and CPI report
After 20 days of holding the $22,500 support, Bitcoin (BTC) price finally broke down on Feb. 9. Bullish traders had placed their hope on a sustained rally, but this has been replaced by a tight tradin...
EU regulator tells banks to impose Bitcoin limits before they become law
Although the global regulatory framework set out by the Basel Committee on Banking Supervision (BCBS) will not become legally binding before 2025, the European Central Bank (ECB) expects banks in the ...
NFEX Raises $3M Seed Round to Build NFT Derivatives DEX – Press release Bitcoin News
press release PRESS RELEASE. NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NF...
Bitcoin, Ethereum, and major altcoins gain after the US CPI
Bitcoin, Ethereum, and many other cryptocurrencies rose on Wednesday after investors ignored the seemingly US regulatory crackdown and inflation data. Cardano posted the largest increase, but many oth...
Jordan Peterson asks for help to be onboarded on Bitcoin Lightning Network
Renowned Canadian psychologist and cultural critic Jordan Peterson has expressed his interest in joining the Bitcoin (BTC) Lightning Network. The challenge came from a Twitter user known as Joe Nakamo...
Ordinals Gain Momentum With 76,000 NFTs Minted to Bitcoin
Despite pushback from Bitcoin purists, Ordinals—the NFT-like project on the Bitcoin blockchain—shows no signs of slowing, as over 76,400 inscriptions have been created to date. The number of Ordinals ...
El Salvador: Bitcoin embassy in Texas
El Salvador is opening a new Bitcoin embassy in Texas. The first one was established in October 2022 with an economic cooperation agreement with the City of Lugano in Switzerland. El Salvador and its ...
South Korea’s Second-Largest City Aims to Become a Crypto Hub – Featured Bitcoin News
South Korea’s second-largest city, Busan, is making efforts to become a crypto hub. Busan has been designated by the Korean government as a “super-aged” city, and its officials believe that crypto cou...
Banking giant DBS says Bitcoin trading is booming despite market volatility
Bitcoin (BTC) trading has been booming at Singapore’s DBS Bank, which saw volumes climb by 80% on its Digital Exchange (DDEx) as a result of the recent decline in the value of cryptocurrencies and the...
Peter Schiff says bitcoin has no value
Bitcoin skeptic Peter Schiff returned in an interview with Anthony Pompliano to say that bitcoin has no value, among other things. In a recent interview with Anthony Pompliano, investment manager Pete...
Peter Brandt Says Bitcoin Sellers Potentially Have to Close Their Positions
The veteran analyst cites his proprietary 3-day trailing stop rule. Veteran Trader Peter Brandt has asserted that Bitcoin could be forming a 3-day trailing stop rule signal. The analyst made this know...
Bitcoin still above undervalued zone; Is 2023 best time to accumulate BTC?
The cryptocurrency market is still recovering the losses suffered after the government initiated an intensified crackdown on cryptocurrencies. Some indicators suggest this is the ideal time to use the...
Income Movement Rightfulshare Says It Has Launched ‘First Unconditional’ Crypto UBI in South Africa – Africa Bitcoin News
Rightfulshare, an income equality advocacy movement, recently said it has launched what it describes as the “first unconditional” crypto universal basic income (UBI) transfer. According to Karen Joost...