Bitcoin mining stocks tracked by The Block were mostly lower on Friday, with two gaining and the other 17 declining. Bitcoin fell 2% to $23,357 by market close. Here is a look at how the i...
Tag: Bitcoin
Bitcoin (BTC) to Hit $28,000 Next Week? This Analyst Thinks So
The fact that Bitcoin has established what seems to be a firm support level of over $23,000 has brought a lot of excitement to the community. At the time of going to print, one king coin was valued at...
Just four men controlled 86% of stablecoin issuer Tether Holdings Limited
According to data obtained by The Wall Street Journal in connection with investigations being carried out by authorities in the United States, as of the year 2018, only four people owned 86% of the st...
Top Trader Updates Outlook on Ethereum Rivals Cardano and Fantom, Says Bitcoin Must Hold $23,000 to Avoid Larger Pullback
A widely followed crypto analyst is updating his outlook on Bitcoin (BTC), Cardano (ADA) and Ethereum (ETH) rival Fantom (FTM) after the Federal Reserve raised interest rates by a quarter percentage p...
Billionaire pitches Bitcoin to Sri Lanka, gets snubbed
Billionaire investor Tim Draper recently pitched Bitcoin adoption to Sri Lankan officials. The pitch was shot down by the Governor of the Central Bank. Pro-crypto investor Tim Draper’s recent trip to ...
DOJ-Appointed US Trustee Objects to Subpoena Request in FTX Bankruptcy Case – Bitcoin News
Following a request from FTX lawyers to subpoena FTX co-founder Sam Bankman-Fried (SBF) and members of his family, the U.S. Trustee appointed by the Department of Justice has filed an opposition to th...
Top Crypto Analyst Sees Volatility in Store for Bitcoin, Zooms Out on One Popular Ethereum-Based DEX Token
A widely followed crypto trader says Bitcoin’s (BTC) current value of $23,571 offers potential promise for the future. Pseudonymous crypto analyst Rekt Capital tells their 334,500 Twitter followers th...
Ray Dalio still doesn’t like Bitcoin but thinks inflation-beating coin could work
Ray Dalio, the billionaire hedge fund investor and founder of Bridgewater Associates, has long been critical of excess money printing and written detailed explainers on the value of money. He still do...
Regardless of the Federal Reserve’s Caution, Change Is Coming to Money and Banking
When the tragic invasion of Ukraine began last February, Russian people eager to avoid entrapment in a war that vandalized reason turned to dollars. Get it? Not only do dollars liquefy a fair amount o...
Golden Cross on S&P 500 Could Signal Price Action For Bitcoin
Traditional markets are giving the first signals of a bullish trend reversal. The chart of the S&P 500 (SPX) has just generated a golden cross – a bullish signal that is usually a confirmation of ...
Bitcoin Won’t Be an Effective Currency, Store of Value or Medium of Exchange, Says Hedge Fund Legend Ray Dalio
In a new interview on CNBC’s Squawk Box, hedge fund veteran Ray Dalio says Bitcoin (BTC) is getting more attention than it deserves. The founder of asset management firm Bridgewater Associates says th...
Bitcoin Price Analysis: Spooked Below 24000
BTC/USD Technical Sentiment Fades: Sally Ho’s Technical Analysis – 4 February 2023 Bitcoin (BTC/USD) failed to sustain upward momentum early in the Asian session as the pair depreciated to the 23245....
Foxify Announce Partnership with Tyson Fury – Press release Bitcoin News
press release PRESS RELEASE. Foxify have just confirmed a brand partnership with Tyson Fury in an industry leading move. It comes following the hype of the brand reveal in January. The two-time world ...
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs
On Feb. 1 and Feb 2. Bitcoin’s (BTC) price surpassed even the most bullish price projections after the U.S. Federal Reserve announced plans to raise interest rates by 25 basis points. Even though Fed...
Tim Draper asks Sri Lanka if it has ‘the guts’ to adopt bitcoin
Venture capitalist Tim Draper has built a name for himself as the boy who cried bitcoin. In 2018, he predicted bitcoin would reach $250,000 by the end of 2022. Now, he’s “100% sure” it’ll reach that v...
Bears take control as Bitcoin dips to $23,500
The cryptocurrency market cap saw a net outflow of around $10 billion over the last 24 hours and currently stands at $1.08 trillion — down 0.86% from $1.09 trillion. Over the reporting period, Bitcoin...
Bitcoin Could Scale Into Staggering $30,340,000,000,000 Market, According to ARK Invest’s New Crypto Forecast
A new forecast by Cathie Wood’s ARK Invest predicts that Bitcoin (BTC) will scale into a staggering multitrillion-dollar market. The research paper, which is spreading through crypto Twitter after bei...
Crypto outlook of Solana, Bitcoin, Ethereum
As we await data in the last few hours, the prices of Bitcoin and Ethereum, and other major cryptocurrencies are moving around parity, if we consider the prices set at the opening of the week, while a...
Bitcoin Will Hit $1 Million by 2030, Claims Ark Invest CEO Cathie Wood
Cathie Wood, the visionary CEO of ARK Invest and a prominent advocate of Bitcoin, has re-affirmed her prediction that the price of BTC will reach $1 million by 2030. This forecast comes amidst Bitcoin...
Bitcoin Taps 5-Month Highs, Fed Hikes Rates as Expected, Optimism (OP) Leads DeFi Rally: This Week’s Recap
The past seven days saw the total cryptocurrency market capitalization increase by around $35 billion, and the industry continues to recover from the multitude of bankruptcies in 2022. Some argue that...
SHIB, DOT Remain Near 3-Month Highs, Despite Crypto Markets Falling – Market Updates Bitcoin News
Shiba inu was one of Friday’s biggest gainers, as the meme coin remained close to a recent three month high. The token has been in the green for the majority of today’s session, despite the global cry...
Anarchist coders say new DarkFi project will be better than Bitcoin
Listen to this article. A group of anarchist coders is preparing to launch a next-generation crypto software that they say will “present a graver threat to governments than other internet advances of ...
Central Bank of Sri Lanka insists Bitcoin will not fix economic crisis
Tim Draper’s attempt to bring Bitcoin to Sri Lanka was firmly rejected by the country’s President Ranil Wickremesinghe, according to Bloomberg News. Despite President Wickremesinghe declaring the coun...
Top Crypto Analyst Issues Warning on Altcoins As Bitcoin (BTC) Edges Higher – Here’s His Outlook
A popular cryptocurrency analyst is urging caution on altcoins amid an over 40% Bitcoin (BTC) rally year-to-date. Pseudonymous crypto analyst Kaleo tells his 561,500 Twitter followers to be “careful” ...
Bitcoin pauses but altcoins breakout looks encouraging
As the dust settles after Thursday’s crypto surge following the Federal Reserve FOMC meeting, it still remains to be seen whether bitcoin and altcoins will continue their upwards trend since January 1...
Bitcoin Long-Term Holders Hold 78% Of Supply, Highest Ever
On-chain data shows Bitcoin long-term holders now hold 78% of the total circulating supply, the highest value the metric has ever seen. Bitcoin Long-Term Holders Are Sitting On 78% Of The Total Supply...
Cathie Wood Doubles Down On Decade-long Bitcoin Price Prediction ⋆ ZyCrypto
Advertisement     Fresh off the t-zone of a tempestuous 2022, Bitcoin is slowly picking up the pace to touch the halfway mark on its all-time high. A reclaim in 2023 w...
A Balancing Act of Growth and Cost – Bitcoin News
Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant...
Bitcoin, ether slip as unexpectedly strong US jobs report signals continued rate hikes
Cryptocurrencies and traditional markets slid as the U.S. jobs report numbers more than doubled estimates. Bitcoin and ether were down more than 2% over the previous 24 hours at about 9:40 a.m....
Top Reasons Why Bitcoin Price May Soar Beyond $30,000 this Month
Bitcoin price again faced rejection in an attempt to rise beyond $24,000 for the second consecutive time in the past week, indicating the possibility of a bullish divergence soon. After starting the n...