Latest News about Bitcoin
BTC Price Dips Below $16.7K as US GDP Meets New BTC Price ‘Death Cross’
Bitcoin May Encounter A Brand-New "Death Cross"
According to Blockchain Gossips Markets Pro and TradingView data, BTC/USD on Bitstamp fell to intraday lows of $16,650.
The S&P 500 opened lower by 1.6%,…
Nigeria To Recognize Bitcoin And Cryptocurrencies
Global Standards:
A little over a year after its inception in October 2021, Nigeria's eNaira has only been adopted by 0.5% of its population.
A law recognizing the use of Bitcoin and…
Bitvavo Claims Digital Currency Group Has Liquidity Problems
Liquidity Problems:
The lending arm of DCG subsidiary Genesis is still subject to a withdrawal freeze, while Grayscale's Bitcoin fund is trading at historical discounts.
Bitvavo, a Dutch cryptocurrency exchange, claims to…
New House Financial Services Committee Head Wants Crypto Tax Delays
Letter To The Treasury:
In a letter to the Treasury, U.S. Republican Representative Patrick McHenry requested clarity on a "poorly" drafted digital asset tax provision.
According to Patrick McHenry, the incoming chair…
First Mover Asia: Crypto Developers Down 60% in 2022
Despite the fall over the previous year, there are still over 1,600 people working on creating the best-decentralized applications and blockchains today.
Bitcoin Sentiment Quickly Reverses:
The Federal Reserve meeting on Wednesday…
Core Scientific’s Creditor Offers $72m To Avoid Bankruptcy
Bitcoin Miner Core Scientific:
B. Riley offered a plan for the troubled miner to avoid bankruptcy and stated that its problems were "self-imposed."
Bitcoin miner Core Scientific has been offered $72 million…
Alameda Tried To Redeem 3,000 wbtc Before Bankruptcy
Alameda Agent:
The Alameda agent failed the security certification process necessary to convert wrapped BTC into BTC, according to the CEO of Bitgo.
Alameda Research sought to redeem 3,000 Wrapped Bitcoins (wBTC)…
How Does The Golden Cross Pattern Function? What Is It?
Golden Cross Pattern Function:
One of the most common bullish signs for cryptocurrency traders is a golden cross, but this does not automatically imply that you should enter the market.
Due in…
Bitcoiner Implants Handheld Lightning Chip For Btc Payments
Payment Chip:
A Bitcoiner installed a tiny payment chip into his hands to enable NFC contactless payments, thus taking the Lightning Network into his own hands.
The Bitcoin community is still in…
Lightning Network Utilized For EU-Africa Fiat Transfers
Bitcoin Lightning Network:
Using the Bitcoin Lightning Network, CoinCorner and Bitnob collaborated to establish cross-border transactions from the UK and Europe to Africa.
The industry is still working to promote accessibility and…
Paxful CEO urges Bitcoin self-custody, not trading
Self Custody:
Ray Youssef, the CEO of the cryptocurrency exchange Paxful, supported the idea of self-custody. At the same time, some executives decided to focus more on ensuring the security of…
Spam Bots Stop As Musk Vows To Pursue Crooks
Scam Bots:
Following Elon Musk's most recent updates to the social media site, some members of the cryptocurrency Twitter community have already reported a decrease in the number of scam bots.
The…
Grayscale Digital Currency Funds Are Trading 34-69% Below Nav
Digital Currency Funds:
The company manages digital assets worth more than $14.7 billion through various OTC investment vehicles.
Seven digital currency funds produced by asset manager Grayscale Investments are currently trading at…
Blockstream raises Mining Capital at 70% lower valuation
Flowing against wind:
According to CEO Adam Back, the new funding would increase the company's mining capacity.
It may not be the ideal moment to raise money during a bad market, but…
Grayscale’s Fir Tree fund sues to modify Bitcoin Trust
Potential mismanagement:
The New York-based hedge funds request information from Grayscale concerning its flagship Bitcoin trust because it may indicate possible mismanagement.
Fir Tree Capital Management is suing grayscale Investments for information…
Saylor: FTX was unethical and illegal from the start.
Saylor's analysis:
Saylor analyses SBF's antics, which ultimately led to the loss of his empire, and deems him the "poster child of the crypto world."
The executive chairman of MicroStrategy and a…
Kentucky To Review Miner Electricity Contracts
Government Look Out:
The government of Kentucky is looking into whether the plan to offer cheaper electricity to crypto miners will make electricity more expensive for people who live in Kentucky.
The…
Ted Cruz Wants Texas To Be A Crypto Oasis
Crypto Oasis:
According to the congressman, Texas combines abundant energy at relatively low prices with free enterprise.
Senator Ted Cruz of the United States wants to make Texas an oasis for Bitcoin…
Binance Purchases A Licenced Cryptocurrency Exchange In Japan
Through purchasing stock in a regulated company or acquiring an operating license, Binance has grown its services during the past year.
Behind The Cryptocurrency Exchange Binance
After purchasing a 100% share in…
Non-whale Bitcoin Investors Set A New Record For How Much Btc They Own
Following the FTX collapse, bitcoin addresses that can store up to 10 BTC have been amassing record quantities of bitcoin.
Is The Cryptocurrency Bear Market Or The Fear
According to on-chain data,…
Report: GBTC’s Controlling Shareholders Stakes Are Illiquid
Good News For GBTC:
Blockchain expert Selkis claims, "It's net excellent news for GBTC shareholders and FUD battling."
Genesis Global and Digital Currency Group, the principal shareholders of Grayscale Bitcoin Trust (GBTC),…
A Fresh BTC Miner Surrender? This Week’s Top Five Bitcoin Facts
One metric warns that there will be a shakeout among bitcoin miners as the November monthly comparative approaches for BTC.
What Is The Price Of Btc This Week?
Bitcoin is getting ready…
As regulation and tracking improve, cybercriminals will abandon Bitcoin, according to Kaspersky.
The cybersecurity company forecast that while cryptocurrency-related crimes won't stop in 2023, they will stop using Bitcoin as a method of payment.
Is bitcoin is a less desirable for payment option?
The…
Binance Wants To Hire 8,000 More People Before Year’s End
Today's top cryptocurrency exchange in the world, Binance, is still there. Many cryptocurrency businesses had to make personnel reductions to continue operating during the bear market. This has no impact…
Chart Analyst: Bitcoin Will Do Better Than Ether In The Upcoming Month
Will Bitcoin Outperform Ether In The Coming Months?
One chart expert anticipates BTC, the most valuable cryptocurrency by market cap, to remain quite resilient as bitcoin (BTC) and ether (ETH) trend…
Iris Energy Will Reduce Mining Equipment After $108 M Loan Default
Iris Energy, an Audestralian Bitcoin mining company, is the most recent victim of the crypto bear market's pressure, losing a sizeable portion of its mining capacity after defaulting on a…
BTC Trading Has Become Boring, But That’s A Great News – Here’s Why!
The crypto industry’s gold has failed to perform in the crypto market, and we’re all aware of the colossal dip. However, reports from CNBC suggest that Bitcoin has recently become…
DON’T Pay Attention To The Price Of BTC & ETH
The crypto industry has been unsettling for 2022. First, the harsh crypto winter has maintained an inevitable lull in the market for most of the year. Then, following this, the…
Can LTC’s Latest Development Make It An Investor Favourite?
Litecoin is a cryptocurrency inspired by Bitcoin and is similar to it. It started circulation in October 2011 and was among the earliest coins in the market. Litecoin is historically…
Why Has BTC Crashed Over The Last Two Years: A Detailed Insight
Bitcoin is the most popular digital currency. It was believed to become the future of transactions worldwide and has been crashing for the last two years. The whole financial market…