The Lightning Network, a second-layer payment protocol built on the Bitcoin blockchain, has set a new record in terms of capacity. Lightning Network hits all-time high The Lightning Network has achiev...
Tag: Bitcoin
Bitcoin Prices Predicted to Plunge and Volatility to Soar in 2023 Recession
Fueled by the Russian invasion of Ukraine, and rising global inflation, most economists are convinced a recession is imminent in the coming quarters. The past recessions have been characterized by the...
Hodlnaut Seeks to Sell Business
According to recent reports, the struggling bitcoin lending company Hodlnaut is collaborating with a number of prospective buyers in an effort to sell its business as well as its other assets. Accordi...
The Market Has Decided a Recession Is Coming, Says Mad Money’s Jim Cramer – Economics Bitcoin News
The host of Mad Money, Jim Cramer, says the market has already decided that the Federal Reserve “will tighten and create a recession no matter what.” Cramer also recently said that we are in a bull ma...
Bitcoin trader fears a bear market comeback: Watch the US dollar
Bitcoin (BTC) stayed motionless at the Feb. 6 Wall Street open as analysis showed an “interesting dynamic” in play on BTC price charts. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitc...
Reaper Financial CEO says ripple to outpace bitcoin
Regarding XRP price, Patrick L. Riley, CEO of Reaper Financial and head of the BLOC oversight committee, made a big prediction. Riley thinks that the value of XRP might reach one million dollars by th...
The Bitcoin price surge has led to a market FOMO among small BTC addresses
Fear of missing out (FOMO) was prevalent in the market during the second week of January as a result of the rise in price of Bitcoin (BTC) over $20,000, particularly among holders of a modest amount o...
South Korea Establishes Guidance for Regulating Digital Assets as Securities
South Korea has issued guidelines that specify the categories of digital assets that will be treated as securities in the nation and subject to the country’s securities regulations. The Financia...
Analyst Who Correctly Called Bitcoin Dip Says Traders Should Prepare for ‘Final Push’, Updates Outlook on Ethereum and Dogecoin
A trader who correctly called Bitcoin’s recent dive below $23,000 says he’s now ready to re-enter the market. The pseudonymous analyst, known in the industry as Smart Contracter, revealed he switched ...
Ark Invest Expects Bitcoin to Become a Multitrillion-Dollar Market — Predicts BTC Price Could Reach $1.48 Million – Markets and Prices Bitcoin News
Investment management firm Ark Invest says bitcoin is “likely to scale into a multi-trillion dollar market.” In its new report, the firm offers three bitcoin price predictions, including a bull case w...
Binance Launches Tax Reporting Tool to Help Users Comply with Local regulations
Because the tax season is just around the horizon for many nations, businesses in the cryptocurrency sector will need to be ready to assist their customers in complying with the requirements that are ...
As Monetary Policies Grow Complex, Nigeria Turns to Bitcoin ⋆ ZyCrypto
Advertisement     More Nigerians than ever are picking up interest in Bitcoin, according to trend results on Google. The most populous black nation set the record for ...
Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts – Exchanges Bitcoin News
Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the cry...
Is Bitcoin Awaiting to Bounce Back After The Fed Chair’s Speech?
Bitcoin last week marked the price range of $22K, after soaring above the $23K level. Additionally, the global crypto market cap is currently down by almost 2.39% over the last day. Most of the crypto...
Binance-native blockchain BNB Chain continued to show steady activity growth
According to new study, the native Binance blockchain known as BNB Chain continues to demonstrate consistent rise in activity during the fourth quarter of 2018, despite the larger bear market in the c...
Crypto Miner At Record Bitcoin Production, Bear Market Over?
The Bitcoin (BTC) mining and data center hosting company Riot has recently announced its production and operations update for January 2023. It has produced a new all-time high of 740 Bitcoin in the la...
Former Bitcoin Dev Gavin Andresen Revises 2016 Blog Post, Calls Trust in Craig Wright a ‘Mistake’ – Bitcoin News
During the first week of Feb. 2023, the United Kingdom Court of Appeal overturned a High Court decision from March 2022 in the case of Craig Wright’s Tulip Trading Limited (TTL) vs. 16 cryptocurrency ...
Key Technical Indicator Flashes Bitcoin Buy Signal
Ali Martinez believes we can see a rebound to $23,500. Prominent technical analyst Ali Martinez has spotted a buy signal on Bitcoin’s 4-hour chart, citing a critical technical indicator. Martinez shar...
This is Why Bitcoin is Not Heading toward $28,000 – Is AltSeason on the Edge?
Bitcoin price underwent a significant upswing in recent times, marking highs beyond $24,000. While the possibility of rising above $25,000 emerged, the bears quickly slashed the rally which appears to...
CBDC Activity Subsidizes Consumption During Lunar New Year
Over the course of the Lunar New Year holiday, the Chinese central bank distributed an amount of its digital currency (CBDC) worth millions of dollars around the nation in an effort to encourage more ...
Taproot Usage Soars Amid Rising Interest in Ordinals on Bitcoin
Ordinals – a new and controversial Bitcoin-based protocol – is making its mark on-chain with a record number of Taproot-related transactions, according to the blockchain data provider Glassnode. Neve...
The Block: Bitcoin mining report: Feb. 6
Bitcoin mining stocks tracked by The Block were mostly lower on Monday, with six gaining and the other 13 declining. Bitcoin rose 0.5% to $22,994 by market close. Here is a look at how the...
Veteran Trader Tone Vays Issues Bitcoin Alert, Says BTC Went Up Way Too Far and Way Too Fast
Veteran crypto trader Tone Vays says Bitcoin (BTC) is now struggling to sustain its rally after seeing a significant increase in value over the past months. In a new video, Vays tells his 123,000 YouT...
Rehab Centers Add Services for Crypto Trading Addicts
A high-end rehabilitation facility in Spain has lately begun offering treatment for an addiction to cryptocurrency trading, which is a relatively fresh kind of addiction. The institution, named “The B...
Ethereum Plans ‘Shapella’ Transition on Zhejiang Testnet — Dev Insists ‘Withdrawals are Coming’ – Technology Bitcoin News
Ethereum core developers plan to activate the “Shapella” transition through the Zhejiang public testnet on Feb. 7, 2023, according to Tim Beiko of the Ethereum Foundation. If successful, Beiko said th...
Venture capital firm Andreessen Horowitz voted against a Uniswap proposal
Andreessen Horowitz (a16z), a venture capital company, allegedly engaged in a vote that was cast against a final proposal to instal Uniswap v3 on the BNB Chain by making use of the Wormhole bridge, as...
Institutional Investors Pour Capital Into Bitcoin, Ethereum and Three Additional Altcoins for Fourth Week in a Row: CoinShares
Digital assets manager CoinShares says large institutional investors are pouring money into Bitcoin (BTC) and other digital assets for the fourth consecutive week. In its latest Digital Asset Fund Flo...
Bitcoin Price Analysis: Bearish Below 22775
BTC/USD Bears Growl Below 22775: Sally Ho’s Technical Analysis – 7 February 2023 Bitcoin (BTC/US dollar) continued to pare recent gains early in the Asian session as the pair weakened to the 22637.51 ...
More Than 7,000 Ordinals Inscriptions Have Already Been Included on the Bitcoin Blockchain – Bitcoin News
Ordinals inscriptions, viewed as a kind of Bitcoin-native NFTs, are picking up steam among some Bitcoin circles, even though the procedures to issue them are far from user-friendly. The protocol, whic...
Cathedra Bitcoin Announces Hosting for Remaining New Machines
TORONTO–(BUSINESS WIRE)–$CBIT #Bitcoin–(Block Height: 775,225) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“Cathedra” or the “Company”), a Bitcoin company that develops and operates world-cla...
FOMO Returns? 620K Retail Bitcoin Addresses Created Since BTC Reclaimed $20K
The start of the year has been highly positive for bitcoin and the entire cryptocurrency market, with BTC exceeding $24,000 for the first time since August 2022. This came after a months-long bear mar...
SHIB Remains Near Recent Highs as Crypto Markets Fall on Monday – Market Updates Bitcoin News
Shiba inu has been relatively stable to start the week, as prices remained close to recent highs, despite Monday’s market sell-off. Cryptocurrencies were mostly lower in today’s session, as markets co...