In this section you will find all news, analysis and forecasts related to bitcoin.
An official report from the popular stablecoin issuer Tether reveals that the company will heavily invest in purchasing Bitcoin (BTC) to strengthen the excess reserves. The May 17 report disclosed that the company would allocate approximately 15% of the profits to purchase…
The prominent Bitcoin mining company Cipher has invested in purchasing 11000 mining machines. The Cipher team issued a press release dated May 9 concerning the purchases of the Bitcoin miners. In the announcement, the Cipher group confirmed that the purchases aimed at…
Binance today announced it has plans to integrate Bitcoin Lightning Network as part of measures to prevent congestion on the exchange. The exchange said this after Bitcoin transactions caused congestion on the platform, leading to suspension of withdrawal twice in one day….
On Thursday, the prominent financial and data company Fedi yielded $17 million in a series A funding round. The Fedi team announced that the funds would be utilized to increase Bitcoin adoption. The tech company plans to improve the usability and accessibility…
The Singaporean crypto mining firm Bitdeer Technologies has partnered with the Bhutan Kingdom investment arm Druk Holding and Investments (DHI) to establish a digital mining centre. The partners plan to invest in developing a zero-carbon crypto mine in the smallest state in…
Top crypto exchange Coinbase has filed a suit asking the securities and exchange commission (SEC) in the United States to answer questions on regulatory guidelines for the crypto industry. This comes after the SEC sent a Wells notice to the exchange threatening…
Key Insights: BTC stalls around $30,000 as INJ experiences massive gains. Ethereum stabilizes at $2,096.62. Bitcoin experiences a surge, surpassing $30,000 for the first time in months. INJ sees significant gains, reaching over $8.5. BTC’s value fluctuates while most altcoins stabilize. INJ…
Key Insights: Bitcoin’s upward trend is expected to continue as market confidence grows and the 2024 halving event approaches. The fees-to-rewards ratio is essential in the network’s durability and miners’ acceptance, which might boost BTC’s long-term potential. Traders may consider buying BTCUSD…
Key Insights: BTC breaks resistance at $28,159.86 and eyes $30,000. Indecisive market indicated by Keltner Channel bands contraction. Bullish trend supported by 100-day moving average crossing over 20-day moving average. Although Bitcoin (BTC) started the day under negative emotion and therefore dropped…
Telegram, a prominent giant in messaging apps, has recently incorporated support for the well-known USDT stablecoin on the wallet bot thereof, as per the reports. The respective integration will enable the consumers to sell and purchase USDT tokens straightly within the platform’s…
Bitcoin, the primary crypto token, has recently surprised the industry as it did not follow the direction of the ongoing banking crisis. The top crypto’s upsurge against the collapsing banking market has been cited by Cathie Wood (the CEO of ARK Invest)….
Bitcoin NFTs (non-fungible tokens) have grabbed the attention of many crypto fans in recent weeks. They have also created new opportunities on the largest and oldest blockchain. For many years, Ethereum has been known to be the major host of most NFTs,…
The total market capitalization is down 0.3% to $1.21 trillion following net outflows worth $13 billion in the past 24 hours. Bitcoin’s valuation dropped to $542.5 billion from $545.1 billion during this period, while Ethereum’s increased to $216.8 million from $216.49 million….
Historically, April has been a favorable month for high-risk assets, and this year is no different, as both US stocks and Bitcoin are anticipated to flourish. Matrixport, a cryptocurrency services provider, reported that Bitcoin had a positive April in six of the…
Many anticipated that the Commodity Futures Trading Commission’s (CFTC) move to sue the world’s largest exchange, Binance, and its boss Changpeng Zhao, would have caused the crypto market to tank. Instead, Bitcoin and Ethereum dropped briefly before recovering to trade at $28,120…
Bitcoin’s recent surge above $30K has hit a roadblock as the digital asset pauses after capitalizing on the turmoil in traditional finance. Analysts are closely watching the $30,000 resistance level, as breaching it could be a significant milestone for the leading cryptocurrency. …
The crypto market may be filled with great uncertainty at the moment, but the US government is still making millions from Bitcoin sales. That’s according to a document submitted to the court on Friday showing that the Feds sold BTC in mid-March,…
David Gokhshtein, the well-known founder of G3Vrse and a cryptocurrency enthusiast, has approved the resurgence of the bull run in the cryptocurrency market. With nearly 700,000 followers on Twitter, Gokhshtein confirmed the return of the bull run in a recent tweet stating,…
It is quite challenging to scan and analyze a blockchain, especially when sorting through millions of transactions and thousands of addresses. But Blocktrace, an Austin-based company, is hoping that an (AI) artificial intelligence technology can ease the blockchain analysis process. Software engineer…
The total crypto market cap declined by 0.9% to $1.2 trillion after posting outflows of nearly $4.1 billion in the past day. Bitcoin’s market valuation declined from $548.8 billion to $543.9 billion, while the Ethereum market cap fell to $214 billion from…
