Blood is spilt as the king of crypto, Bitcoin, staggered and started a cascade of pain for the crypto market. At the time of writing, Bitcoin has gone down 4% in the daily time frame with the biggest ...
Tag: Bitcoin
Is the US likely to ban Bitcoin and Ethereum-like cryptocurrencies?
Bitcoin (BTC) slipped below 22K and is trading at 21,917 USD after a 3.33% drop “Quitely” banning cryptocurrencies would be more extreme than regulating Crypto regulations have been one among several ...
SOL, ADA Plunge, as Market Momentum Turns Bearish – Market Updates Bitcoin News
Solana slipped to a three-week low on Feb.10, as momentum in cryptocurrency markets remained firmly bearish. At the time of writing this, the global market cap is trading 4.23% lower, with bears recap...
FTX crisis shook bitcoin prices the most, Messari data shows
According to Messari, the failure of FTX and other related events had a far more significant impact on the price of bitcoin (BTC) during Q4 than macroeconomic factors such as rate rises. On top of th...
Ault Alliance, Inc. Subsidiary BitNile, Inc. Moving 6,572 Bitcoin Miners Out of Texas Hosted Facility
As a result of the Compute North bankruptcy filing BitNile, Inc. determined that it is in the best interest of the business to move all the miners out of the Wolf Hollow facility Shipping began last m...
Top Reasons Why Bitcoin Traders Continue to be in Profit Amid the Prevailing Bearish Trend!
Bitcoin rose nearly 40% in the first few weeks of 2023 before plunging into a bearish well. With this, the global market capitalization also dropped finely and may hit the threshold of $1 trillion in ...
Gazprombank suggests banks be given more time to adjust to digital
Gazprombank, which is an unit of the main Russian government-owned gas business, Gazprom, has openly recommended that banks be given extra time before the implementation of the digital currency. Becau...
Opinion: The Resilience of Bitcoin Is Truly Astounding
We are beginning to sound like a broken record at this stage, but it’s worth mentioning again that 2022 was arguably the worst year for the crypto space. Bitcoin, for example, lost more than 70 percen...
More Than $2 Billion in USDC Redemptions in 30 Days – Altcoins Bitcoin News
It appears that the circulation of the stablecoin usd coin has decreased while tether’s has grown, as the latest statistics paint a contrasting picture. Tether saw a 3% increase in coins in circulatio...
OnChain Monkey NFTs Double in Price After Creators Put Them on Bitcoin
Buzz around Bitcoin-based NFTs—via the recently-launched Ordinals protocol—keeps growing by the day, with record-setting mints on Thursday and high-value sales over the past day. And one established E...
Global Efforts to Classify Cryptocurrencies
A significant cryptocurrency data aggregator known as CoinGecko and a cryptocurrency investment company known as 21Shares have teamed forces to develop a universal standard for categorizing the many d...
Bitcoin Sentiment Returns To Neutral As Price Tumbles Down
Data shows the Bitcoin market sentiment has declined to neutral today as the price of the asset has dropped below the $22,000 level. Bitcoin Fear And Greed Index Now Points At “Neutral” Sentiment The ...
BTC, ETH Hit Multi-Week Low, as Sell-off Worsens – Market Updates Bitcoin News
Bitcoin moved below $22,000 on Friday’s session, as sentiment in cryptocurrency markets remained bearish. Volatility in markets has risen in recent days, following comments from U.S. Fed Chair Jerome ...
One Digital Asset Class Will Make Bitcoin and Cryptos ‘Increasingly Attractive’, Says deVere Group CEO
Financial advisory firm deVere Group CEO Nigel Green says that central bank digital currencies (CBDC) will increase the popularity of cryptocurrencies. Green says CBDC adoption by governments around t...
Bitcoin Exchange LocalBitcoins Ends Its 10-Year-Long Bitcoin Haul
LocalBitcoins will suspend all its Bitcoin trading services from February 16. The Bitcoin exchange began in 2012 with the mission to “bring Bitcoin everywhere.” Finland-based LocalBitcoins, one of th...
We asked ChatGPT to explain Bitcoin like a 1920s mobster; The result is hilarious
The text-based artificial intelligence (AI) platform ChatGPT is all the rage these days, as people are discovering they can use it for writing all sorts of things, including jokes, poems, stories, pre...
A group of nine banks has invested $45 million in Carbonplace
According to a news statement that was issued on February 8th, the blockchain-based carbon credit transaction network Carbonplace was successful in raising $45 million in an investment round from its ...
Russian Charged With Laundering Ransomware Proceeds in Crypto Pleads Guilty in US – Bitcoin News
A Russian national accused of processing cryptocurrency payments from ransomware attacks has pleaded guilty to money laundering in the United States. The man who was extradited from the Netherlands in...
Bitcoin, crypto prices slip; Coinbase extends losses as regulatory fears spook market
Cryptocurrency prices nosedived overnight on the back of increased regulatory scrutiny. Coinbase and Silvergate extended losses in the early session. Bitcoin was trading at $21,770, down 4.2% o...
Bitcoin has hit bottom — at least that’s what Pantera Capital and Osprey Funds chiefs say
Crypto chiefs say bitcoin prices have hit bottom and are consolidating. Bitcoin was trading around $21,760 at 7 a.m. EST, down about 4% over the past 24 hours, according to TradingView data. Th...
President of Senegal likes El Salvador bitcoin policy
The president of the Republic of Senegal, Macky Sall, expressed interest in the government’s bitcoin policy in El Salvador, which he claimed has been bolstered by the use of bitcoin (BTC) since it bec...
AI sets Bitcoin price for Valentine’s Day 2023
Bitcoin (BTC) is again under pressure as the leading cryptocurrency sank to a four-week low below $22,000. This decline follows Bitcoin’s impressive performance in January, during which BTC rose about...
Bitcoin price hits 2-week low amid warning $22.5K loss means fresh dip
Bitcoin (BTC) stayed lower at the Feb. 9 Wall Street open as a sweep of local lows increased bets of a more serious comedown. BTC/USD 4-hour candle chart (Bitstamp). Source: TradingView Trader: “Somet...
New York Fed says Bitcoin shares most features of ‘a store of value’
Ad The Federal Reserve Bank of New York said in a Feb. 9 report that Bitcoin performs more kin to a precious metal like gold but warns that it can never replace the US dollar due to volatility. Using...
Mississippi Senate legalizes Bitcoin mining
Yesterday the Mississippi Senate passed a bill legalizing Bitcoin and cryptocurrency mining in the state. Although mining was not previously banned in Mississippi, it will now be framed with clear and...
Argentina Mulls Inclusion of Proof-of-Solvency Requirements in Crypto Regulation – Regulation Bitcoin News
Regulators in Argentina are mulling the inclusion of stringent requirements in their next cryptocurrency regulatory framework. According to reports, institutions like the national securities regulator...
ArbiSmart Project: buy Bitcoin 30% below the market
SPONSORED POST* As we enter 2023, how about making your new year’s resolution to earn a better profit from digital currencies? One of the best ways you can do this is with an innovative new program fr...
SEC to Keep Close Watch on Crypto Brokers and Advisers
This year, cryptocurrency brokers and financial advisors that provide or provide advice regarding cryptocurrencies will be brought within the jurisdiction of the United States Securities and Exchange ...
Central Bank of Brazil to Test Security and Transaction Privacy Levels of the Digital Real – Blockchain Bitcoin News
The Central Bank of Brazil will focus its first digital real tests on determining the levels of privacy and security that can be achieved with the proposed central bank digital currency (CBDC) infrast...
Ancient Bitcoin Whale Moves $9,600,000 in BTC at 181,204% Profit in Sudden Awakening
A leading blockchain data monitoring website says a long-dormant Bitcoin (BTC) address is suddenly awakening after nearly 11 years of inactivity. According to BitInfoCharts, the address, which was las...
South Korean Officials Confirm They Sent Team to Serbia to Find Do Kwon
Do Kwon, the controversial inventor of the now-defunct Terra ecosystem, is the subject of an escalated manhunt, with reports indicating that South Korean authorities have confirmed they have dispatche...