Bitcoin and the crypto market seemingly succumbed to market pressures today and recorded declines. BTC succumbs to market pressure Bitcoin hit the $24,000 mark for the first time in six months only la...
Tag: Bitcoin
This Week in Coins: Bitcoin, Ethereum See First Week of Losses This Year
This week in coins. Illustration by Mitchell Preffer for Decrypt. Those hoping for a 2023 Bitcoin bull run will have to keep waiting. Most of the leading cryptocurrencies posted pronounced losses in v...
Former FTX CEO Sam Bankman-Fried Restricted from Using encrypted messaging apps
It has been reported that a federal court has ruled against oral arguments asking that a former CEO of FTX, Sam Bankman-Fried, be permitted to use some chat applications. As a condition of his release...
NFT Sales Rise 18.43% This Week, Led by Ethereum’s $233.85 Million in NFT Settlements – Markets and Prices Bitcoin News
Non-fungible token (NFT) sales rose 18.43% this week, totaling $272.68 million. However, the number of NFT buyers declined by 60.31% to approximately 195,716. Ethereum NFT sales continue to lead the m...
Economist Alex Krüger Issues Bitcoin and Ethereum Warning, Predicts When Next Crypto Rally Will Begin
Economist and crypto trader Alex Krüger says Bitcoin (BTC) and Ethereum (ETH) may have more downside potential but says a new crypto rally is almost in sight. Krüger tells his 151,100 Twitter follower...
Key Factors That Might Influence Bitcoin Price Ahead
The overall crypto market had gained massive profit with the beginning of 2023, but now most of the cryptocurrencies like Bitcoin have given up their profit. This has resulted in Bitcoin losing its ke...
Bitfarms Settles Debt with BlockFi
Bitfarms, a company that mines for Bitcoin (BTC), has fulfilled its financial obligations to BlockFi, putting an end to the short-lived commercial agreement that it had with the now-defunct cryptocurr...
SHIB, LTC Rebound From Recent Losses on Saturday – Market Updates Bitcoin News
Shiba inu continued to move away from a recent one-week low on Saturday, as the meme coin rebounded to start the weekend. Although overall sentiment remains bearish, prices are starting the weekend re...
Michael van de Poppe Predicts Bitcoin Price To Surge More Than 50% – Here’s The Timeline
With Bitcoin currently trading above a crucial level, renowned cryptocurrency expert Michael van de Poppe has reemphasized his prediction of an imminent massive surge for the cryptocurrency. Bitcoin A...
ETH Nears $1,500 Level to Start the Weekend – Market Updates Bitcoin News
Ethereum neared a breakout below $1,500 to start the weekend, pushing prices closer to a one-month low. Overall sentiment remained mostly bearish, with the global cryptocurrency market cap trading 0.9...
Bitcoin Weekly Death Cross is Happening-Here’s What Can You Expect From the BTC Price Over the Weekend!
The crypto markets are trying to recover offering a tough fight to the bears. The bulls, however, are unable to restrain the descending trend as the bears are extracting profits after petty jumps. The...
Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons – Bitcoin News
Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing date...
Bitcoin price faces key moving average showdown 3 weeks after breakout
Bitcoin (BTC) saw no relief at the Feb. 10 Wall Street open as United States equities dipped further. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “All eyes” on 200-day moving averages ...
IMF: El Salvador’s Bitcoin Adoption Risks Are Yet To Materialize
IMF believes El Salvador’s bitcoin risks need attention. El Salvador has invested $103M in BTC with over $51 million in losses. Last year, the country sought $500 from legislators million to buy Bitco...
We asked ChatGPT to explain Bitcoin in a rap song and it’s dope
The ChatGPT chatbot continues to gain prominence over its ability to handle different tasks by providing detailed responses and clear answers across various fields of expertise. Some of the emerging r...
Bitcoin Dumps to 3-Week Low, LDO Plummets 14% (Weekend Watch)
The past 24 hours brought some more pain for the bulls as BTC slipped to another three-week low at under $21,500. Most altcoins are in no better shape, including the ETH liquid staking coins, many of ...
El Salvador’s bitcoin risks ‘have not materialized,’ IMF says
The International Monetary Fund said the risks of El Salvador’s bitcoin adoption “have not materialized” — primarily thanks to its “limited” use — but caution is warrante...
Kenyan AI and Blockchain Startup Receives Investment From Swiss VC Firm – Africa Bitcoin News
Fastagger Inc, an artificial intelligence and blockchain startup from Kenya, recently revealed that it had received an investment from the Swizterland-based blockchain investor CVVC. Mutembei Kariuki,...
LocalBitcoins Is Gone—But These P2P Bitcoin Exchanges Are the Next Best Thing
LocalBitcoins, one of the oldest and best-known Bitcoin exchanges, is closing after a decade of service, with the peer-to-peer platform citing the “ongoing very cold crypto-winter” as the reason for s...
Bitcoin, Cardano, & Orbeon Protocol
2023 could be the year of explosive growth for cryptocurrencies, and the top analysts are pointing to Bitcoin (BTC), Cardano (ADA), and Orbeon Protocol (ORBN) as the best potential movers. But what ma...
Marc Andreessen: Ethereum and Web3 Lead Bitcoin on Tech Innovation
Marc Andreessen, best known for co-founding web browser Netscape and Silicon Valley venture capital fund a16z, is still invested in the crypto industry, even though his expectations around Bitcoin did...
Analyst Predicts Major Pain for Investors Expecting Bitcoin (BTC) To Crash to $10,000 – Here’s His Outlook
Crypto analyst and trader Jason Pizzino says that king crypto Bitcoin (BTC) is unlikely to revisit the 2022 lows. In a new video, Pizzino tells his 281,000 YouTube subscribers that while Bitcoin could...
JPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol – News Bitcoin News
JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in the pro...
PayPal held $604M in Bitcoin and other crypto at the end of 2022
Global payment giant PayPal holds a significant part of its financial liabilities in cryptocurrencies such as Bitcoin (BTC) offered to its customers. As of Dec. 31, PayPal held a total of $604 million...
XRP Price Fails To Keep Pace as Majors Bounce
Cryptocurrencies are enjoying a major rebound this year, but one blue-chip digital asset is being left behind: XRP. XRP is by far the worst performing top 10 cryptocurrency year-to-date, not counting ...
Decoding Ordinals NFT project on Bitcoin- Can it compete with ETH NFTs?
Bitcoin-native NFTs recorded a 25% growth in network fees. Bitcoin mining revenue rose sharply, powered by an increase in transactions. The new Ordinals NFT platform on Bitcoin [BTC] recorded exponen...
State-backed Crypto Mining Farm under Construction in Russia’s Buryatia – Mining Bitcoin News
A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is alr...
Mysterious Bitcoin Whale Quiet For Over 9 Years Suddenly Awakens, Realizing Over $9.6M In BTC Holdings ⋆ ZyCrypto
Advertisement     A Satoshi-era bitcoin address that had not transacted for over a decade suddenly came back to life this week, resulting in a remarkable yield. The de...
Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force – Mining Bitcoin News
A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensi...
PayPal Held Over $500M in Bitcoin, Ethereum Last Quarter
Payments giant Paypal held over half a billion dollars worth of the two largest cryptocurrencies as of December 31, 2021, according to its year-end report to the Securities and Exchange Commission (SE...
Bitcoin and Ethereum market analysis
Traders are reminded of a major development in the cryptocurrency world. Coinbase CEO Brian Armstrong expressed concerns about the possible elimination of cryptocurrency staking for retail clients by ...
Bitcoin Price To Regain Its Bull Run Above This Level
Today the Crypto market has turned into a bloodbath after most of the cryptocurrencies have extended their loss. After Bitcoin price started the year on a much positive note, it gave traders a hope fo...