Mass adoption may take crypto toward centralization
This is the year cryptocurrency finally starts to break into the mainstream. From Elon Musk and Tesla investing in and accepting Bitcoin (BTC) to the...
Category : Bitcoin
cryptocurrency, bitcoin, ethereum, litecoin, dash, monero and mining news and updates
Ethereum could go to $10K in 2021 and outperform Bitcoin, says veteran trader
Ethereum is likely to outperform Bitcoin, at least in the short term, said veteran trader Scott Melker in an exclusive interview with Cointelegraph. Alt szn...
Watch these key technical levels as Bitcoin price nears $61,800 all-time high
The price of Bitcoin (BTC) has surpassed $61,000 on April 10 for the first time in nearly a month. Following the breakout, traders are starting...
All that mined is not green: Bitcoin’s carbon footprint hard to estimate
The debate around the environmental impact of the Bitcoin mining ecosystem is heating up once again as academics have provided a fresh dose of perspective...
Bitcoin suddenly hits $60K as a new resistance battle liquidates $850M
Bitcoin (BTC) returned to $60,000 on April 10 as a bout of long overdue volatility hit the market in line with analysts’ expectations. BTC/USD 1-hour...
Price analysis 4/9: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, THETA
Hong Kong tech company Meitu revealed on April 8 that it had added $10 million worth of Bitcoin (BTC) to its holdings which were purchased...
Terrorists still raise money through crypto, but the impact is limited
We’re living today “amidst an explosion of risk related to fraud, money laundering, terrorist financing, and data privacy,” said United States Treasury Secretary Janet Yellen...
Bitcoin to zero? Not while this Redditor has $187,000 to spend
In the years since Bitcoin’s 2009 launch, the crypto industry’s inaugural blockchain-based asset has survived many speculative deaths. While it is true that Bitcoin (BTC)...
HSBC reportedly blacklists MicroStrategy’s stock for investing in Bitcoin
Buying MicroStrategy stock is reportedly no longer possible for HSBC customers on the bank’s online trading platform — HSBC InvestDirect, or HIDC. According to a supposed...
Why’s Bitcoin stuck under $60,000? The gold market cap may hold the answer
After rallying more than 100% in 2021, Bitcoin (BTC) seems to be struggling to turn the $60,000 level into support. After all, what is so...
‘Not a cheaper Bitcoin’ — Bitcoin Gold soars 173% as traders may be buying the wrong BTG
A long-forgotten Bitcoin (BTC) hard fork has surged almost 200% in a week — simply because traders are buying the wrong altcoin. Bitcoin Gold (BTG),...
Meitu now holds $100 million in BTC and Ether after latest Bitcoin purchase
Hong-Kong tech company Meitu has taken the total value of its cryptocurrency holdings to approximately $100 million, after the firm disclosed the purchase of an...
Our Man in Shanghai: Scandal as $45M of stolen government funds allegedly lost on 100X leverage
Blockchain security company Beosin has been the focus of a major scandal after its Chief Marketing Officer Gao Ziyang was taken into custody and charged...
DeFi’s money markets are finally luring in institutional investors
Bitcoin’s bull run from last year has caused even some of its biggest skeptics to soften their stance. From economists to hedge fund managers, the...
New petition asks SEC chair nominee Gary Gensler to drop Ripple lawsuit
The Ripple community has launched a new petition to “stop the war” on XRP. Crypto & Policy founder Thomas Hodge has started a Change.org petition...
Tesla’s landlord accepts crypto; will Elon Musk pay rent in Bitcoin?
After becoming a corporate pioneer in cryptocurrency adoption, Elon Musk could be about to take the next step and begin paying rent in Bitcoin (BTC)....
Miners are hoarding Bitcoin from record daily earnings
Bitcoin miners are stashing away their coins for higher prices, with direct transfers from miners to exchanges plummeting nearly 40% since mid-March. Data from on-chain...
Crypto sentiment falls even as Bloomberg tips Bitcoin will hit $400K
Analytics company Santiment reports that cryptocurrency sentiment has fallen to near-record low levels for 2021 — even as some experts are doubling down on $400,000...
Bitcoin bulls return after BTC bounces at a key support level
A wave of selling took command of the cryptocurrency market on April 7 after Bitcoin (BTC) price dropped below $56,000. The market-wide sell-off led to...
Price analysis 4/7: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, THETA
According to CoinShares, the institutional inflow into crypto products hit $4.5 billion in Q1, which is 11% higher than the intake seen in Q4 2020....
UK Bitcoin mining revenues soar but China hogs 75% of ‘blood coin’ production
United Kingdom-based Bitcoin (BTC) mining firm Argo Blockchain just recorded the best quarter in its history, generating record revenues for three months straight. Yet despite...
Record first quarter for institutional crypto investment products: CoinShares
According to digital asset investment manager CoinShares, the first quarter of 2021 has hit a new record for institutional crypto product inflows. As reported in...
Coinbase’s first quarter revenue hits record $1.8B ahead of its Nasdaq listing
Coinbase has announced impressive first quarter results one week before the exchange’s direct listing on the Nasdaq, estimating that trading volume is up 276% and...
Celer (CELR), Cartesi (CTSI) and Compound (COMP) rally as DeFi heats up
Bitcoin bulls are still struggling to push the price to a new high but the positive sign is that BTC has not corrected sharply in the past...
$2.52B in bearish Bitcoin options signal pro traders are hedging their bets
Bitcoin (BTC) has been trying to break the $60,000 resistance for the past 23 days. Generally, investors don’t seem too worried about this, as they...
Singapore authority issues crypto warning after PM falls prey to scammers
Officials in Singapore have issued a notice to would-be Bitcoin (BTC) and cryptocurrency investors, warning them of the dangers of engaging with such a volatile...
Bitcoin’s $1-trillion market holds for 10 days straight
More than 10% of Bitcoin’s supply has been moved while its market capitalization has been more than a trillion dollars since March 26, indicating strong...
BTG Pactual’s new Bitcoin fund teams up with Gemini for custody
Gemini, the U.S.-based crypto exchange and custodian founded by Tyler and Cameron Winklevoss, has announced it will provide custody services for the forthcoming Bitcoin fund...
Altcoins notch triple-digit gains as Bitcoin price pushes toward $60K
If this past weekend is any indication of the current bull market cycle, then an altcoin season may be well underway. Similar to previous cycles,...
Price analysis 4/5: BTC, ETH, BNB, DOT, ADA, XRP, UNI, LTC, LINK, THETA
The total crypto market capitalization reached the important milestone of $2 trillion on April 5. As cryptocurrencies increase in value, they are likely to attract...
The big $60K hodl is on: 5 things to watch in Bitcoin this week
Bitcoin (BTC) is looking shaky at the start of a new week as $60,000 remains out of reach — could anything change in the coming...
Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, DOT, EOS
Historical trends act as a gauge for traders to assess the possibilities for the future. April has been a bullish month for Bitcoin (BTC) with...
Exploring Venezuela’s crypto ecosystem since the start of the pandemic
In the year since the COVID-19 pandemic first disrupted almost every aspect of our lives, many things have happened within the crypto ecosystem around the...
Kimchi premium hits 11% — Is Bitcoin now in a 2017-esque retail stage of the cycle?
The price of Bitcoin (BTC) is continuing to range between $56,000 and $60,000, as the so-called “Kimchi premium” is surging to yearly highs. Kimchi premium...
ETH smashes records, Bitcoin’s brilliant quarter, PayPal’s big move: Hodler’s Digest, March 28–April 3
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and...
NFTs ‘ten times better’ than traditional art, says Beeple’s $69M NFT buyer
Nonfungible tokens are “ten times better than their physical counterparts”, according to digital art collector MetaKovan. The pseudonymous art patron, who was recently revealed to...
6 Questions for Wes Levitt of Theta Labs
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to...
Here’s why April may be the best month yet for Bitcoin price
The U.S. dollar is starting to weaken once again as sellers are pushing the U.S. Dollar Index (DXY) downward, which could strengthen the momentum of...
Pension funds and insurance firms alive to Bitcoin investment proposal
Life and annuity companies are increasingly dedicating part of their asset base to Bitcoin (BTC). While the top crypto has delivered the best returns over...
Bubble or a drop in the ocean? Putting Bitcoin’s $1 trillion milestone into perspective
On Feb. 19, Bitcoin’s (BTC) market capitalization surpassed $1 trillion for the first time. While this was an exciting moment for investors, it also concerned...
Tyler Winklevoss thinks Bitcoin is past the risk of a US ban
The United States government has increasingly stepped up its overwatch on crypto in recent years, although an outright ban on Bitcoin is now unlikely —...
Latest episode of ‘The Falcon and the Winter Soldier’ involves massive Bitcoin bounty
The Falcon and the Winter Soldier, a new Marvel Cinematic Universe show on the Disney+ streaming platform, incorporated a Bitcoin (BTC) bounty into its newest...
Price analysis 4/2: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, THETA
According to a recent research note by JPMorgan, institutional investors have withdrawn about $20 billion from their gold investments since mid-October and during the same...
Next up, Bitcoin ETF by Fidelity: Crypto funds batting .000 against SEC
With more than 35 million customers, $21 billion in revenues and $3.8 trillion in discretionary managed assets, Fidelity Investments is one of the largest investment...
Bitcoin ‘on brink of strong breakout,’ says analyst ahead of Coinbase IPO
Bitcoin (BTC) is primed for a price breakout after beating out volatility, but April may still produce a surprise sell-off. In his latest market update...
Former SEC chair Jay Clayton tips new Bitcoin regulations are coming
Former US Securities and Exchange Commission Chair Jay Clayton has stated that Bitcoin has not been classified as a security for a long time. But...
Canada’s Purpose Bitcoin ETF may be cutting into Grayscale’s market share
For the first time, shares in Grayscale’s Bitcoin Trust traded at a discount compared to spot BTC for an entire month. Rafael Schultze-Kraft, the CTO...
Our Man in Shanghai: Filecoin the talk of the town, Polkadot and NFTs gain attention
Distributed storage network project Filecoin is the talk of the town as FIL was the most highly traded token on Huobi, OKEx and Gate on...
Morgan Stanley adds Bitcoin exposure to 12 investment funds
United States investment bank Morgan Stanley has updated the prospectus of several institutional funds to reflect potential exposure to Bitcoin (BTC) through Grayscale and cash-settled...
Hot DOGE nips at the heels of r/Bitcoin on Reddit
Despite Dogecoin under-performing this past week when compared to other leading crypto assets, DOGE’s community has been among the most active on Reddit. According to...
Oakland Athletics MLB team has sold a suite season ticket for Bitcoin for the first time
Major League Baseball team Oakland Athletics has sold their first crypto-purchased season ticket less than three weeks after first offering them. The Oakland A’s, as...
Bitcoin closes six monthly green candles for the first time since 2013
Bitcoin has just closed six consecutive monthly green candles for the first time since April 2013. Should history repeat, Bitcoin may enjoy further parabolic gains...
Price analysis 3/31: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK
Following in the footsteps of Morgan Stanley, Goldman Sachs has announced plans to allow its wealth management clients to trade in cryptocurrencies and other digital...
This is how to make — and lose — a fortune with NFTs
The rise of nonfungible tokens, or NFTs, has been nothing short of astounding this year. Google searches for “NFT” are up over 600% since mid-February,...
Nic Carter takes aim at claims Bitcoin is an environmental disaster
Coin Metrics co-founder Nic Carter has produced a well-researched rebuttal to some of the key claims suggesting power-hungry Bitcoin mining is causing an environmental disaster....
One BTC will be worth a Lambo by 2022, and a Bugatti by 2023: Kraken CEO
Appearing on Bloomberg, Kraken CEO Jesse Powell explained why he believes dollar-based long-term price predictions for Bitcoin are flawed, emphasizing the inflationary nature of fiat...
The blacklist: Marathon only mining ‘fully compliant’ Bitcoin transactions
Major U.S.-based mining firm Marathon Digital Holdings has announced the launch of what it describes as the first North American Bitcoin mining pool that is...
Bitcoin futures premium hits 30%, but analyst says, ‘This time it’s different’
March 30 could become a historical day that will be remembered by Bitcoin (BTC) fans for a long time. Besides marking a 17% recovery from...
Bitcoin is outshining gold in the battle of the safe havens
As the Bitcoin (BTC) price edges closer to $59,000, its value relative to gold is approaching new all-time highs, possibly hinting at the emergence of...
Three-quarters of circulating BTC last changed hands for less than $10,800
Research from on-chain analytics provider Glassnode has found that roughly three-quarters of circulating Bitcoin last moved on the blockchain when prices were below $10,800, suggesting...
Payments firm Nuvei launches support for 40 cryptos including Reddcoin and DOGE
E-commerce merchants can now transact in nearly 40 cryptocurrencies through global payment platform Nuvei. According to the announcement, merchants partnered with the payment provider can...
Price analysis 3/29: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK
On Monday Visa announced that it had launched a pilot program with Crypto.com to enable its partners to settle fiat transactions by sending USD Coin (USDC)...
Do $100K–$300K Bitcoin call options signal a bullish BTC price path?
The open interest on Bitcoin (BTC) Dec. 31 call options between $100,000 and $300,000 reached an impressive 6,700 contracts, which is currently worth $385 million....
Institutional inflows into crypto hit lowest levels since October
Capital flows into cryptocurrency investment products rose again last week, though the pace of growth has slowed since the start of the year, possibly marking...
Top 5 cryptocurrencies to watch this week: BTC, KLAY, VET, SOL, KSM
In trading, selling a position is as important as buying it at the right time. Therefore, the big question that could be troubling traders is...
Bitcoin HODLers are not selling: Inactive BTC supply hits 3-month low
Long-time Bitcoin (BTC) HODLers are refraining from selling their holdings, on-chain data from Glassnode shows. According to Glassnode’s “BTC Percent Supply Last Active 2+ Years”...
The first days of Bitcoin and Dustin D. Trammell’s emails with Satoshi Nakamoto
It is not known if Satoshi Nakamoto created Bitcoin (BTC) alone, if they had help from others, or whether they themself are just a pseudonym...
$400K Bitcoin predicted this year, NFT warning, Instagram influencer in trouble: Hodler’s Digest, March 21–27
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and...
At what Bitcoin price will Satoshi Nakamoto become the world’s richest person?
It is estimated that Satoshi Nakamoto, the creator of BTC, will become the world’s richest person if the price of Bitcoin (BTC) hits approximately $182,000....
Stock-to-flow creator doesn’t think Bitcoin’s bull market is done
Bitcoin’s price seems to have stalled below $60,000 after attaining new all-time highs earlier in March. PlanB, a crypto analyst active on Twitter, thinks Bitcoin...
Crypto media runs with the bulls as new entrants compete against established brands
New opportunities arise during each Bitcoin bull run. The current ebullience has been driven by an influx of institutional investors, along with major payment providers...
Price analysis 3/26: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK
Glassnode data shows Bitcoin (BTC) exchange reserves on Coinbase have dropped by about $8 billion. This indicates that institutional investors are locking away their purchases...
NFT craze and institutional money to bring next 100 million crypto users, says Crypto.com CEO
Watch Cointelegraph’s latest interview with Crypto.com CEO Kris Marszalek to understand the catalysts that will push crypto to 200 million users. For more crypto and...
Bitcoin can reach $400K in 2021 as ‘risk-off reserve asset’ — Bloomberg
Bitcoin (BTC) still gets criticized for being too volatile, but one Bloomberg analyst believes that it conversely is becoming a “risk-off” choice for investors. In...
Former OCC official says crypto has backing but dollar ‘may not’
Brian Brooks, former acting comptroller of the currency of the United States Office of the Comptroller of the Currency, has claimed that cryptocurrencies like Bitcoin...
Catalytic event or unbridled optimism? Coinbase approaches public listing
The Coinbase direct stock listing could be a rite of passage for the blockchain and cryptocurrency industry, and the announcement on March 20 by the...
Bitcoin no longer a fringe asset due to US dollar debasement, says Soros Fund exec
Soros Fund Management chief information officer Dawn Fitzpatrick said Bitcoin (BTC) may once have been considered a fringe asset, but the inflation of the United...
Bitcoin buyers mean business as Coinbase reserves drop $8B in 3 months
Bitcoin (BTC) may have shed $10,000 in a week but the cryptocurrency’s “supply crisis” is more real than ever. According to the latest data from...
Our Man in Shanghai: Digital yuan tests, ‘bear market’ and ‘NFT’ searches spike
Sentiment in China has slumped as WeChat searches for Bitcoin dropped 7% this week, while searches for “bear market” spiked 102%. One trend that remained...
Options traders target $80K by May, Skew suggests just 6% chance they’re right
With Coinbase’s highly anticipated direct listing IPO expected to take place next month, options traders appear to be betting that Bitcoin will once again soar...
$51K Bitcoin price not a problem as ‘structurally, nothing has changed’
On March 25, concerns surrounding the record-breaking $6.1 billion (BTC) options expiry this Friday sparked an overnight sell-off that dropped Bitcoin price to $50,400. The downturn...
New Zealand retirement fund reportedly allocates 5% to Bitcoin
KiwiSaver Growth Strategy, a $350 million retirement plan operated by New Zealand Wealth Funds Management, has reportedly allocated 5% of its assets to Bitcoin (BTC),...
Cathie Wood: BTC investors shouldn’t transact until tax code changed
Cathie Wood, the founder and CEO of Ark Invest, is cautioning investors not to sell or transact their Bitcoin (BTC) until the United States Internal...
What the FUD? Fear drives Bitcoin price down, not Friday’s $6.1B expiry
Earlier this week, Cointelegraph reported the importance of the upcoming $6.1 billion Bitcoin (BTC) options expiry on March 26. The article made clear that bulls...
Bitcoin market cap back below $1 trillion as correction deepens
As Bitcoin markets begin to form another daily red candle, its market capitalization has dropped back below $1 trillion once again. The third major correction...
Hedge FUD manager: Ray Dalio says ‘good probability’ of a US Bitcoin ban
As the Bitcoin correction deepens, the fear, uncertainty, and doubt has returned, with billionaire hedge fund manager Ray Dalio adding a whole bunch more of...
Asset management giant Fidelity files for Bitcoin ETF
Fidelity Investments, the $4.9 trillion asset manager, has filed paperwork with the United States Securities and Exchange Commission, or SEC, to list a new Bitcoin...
Price analysis 3/24: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK
On March 24, Tesla CEO Elon Musk announced that U.S. buyers are now able to purchase Tesla vehicles with Bitcoin (BTC). Musk also tweeted that...
Markets Pro delivers up to 1,497% ROI as quant-style crypto analysis arrives for every investor
In the month since Cointelegraph Markets Pro launched, bringing professional crypto market intelligence to every investor, the platform has helped hundreds of early subscribers to...
Analysts still ‘bullish on April’ despite Bitcoin price drop to $54K
On March 23 bears managed to push the price of Bitcoin (BTC) below the $54,000 support level as various on-chain data suggests that whale wallets...
This clever Bitcoin options strategy brings pro BTC traders big profits
Bitcoin’s (BTC) upcoming March 26 options expiry might become the largest ever, with $6.1 billion open interest on the line. With less than 4 days...
Bitcoin made me a ‘ton of money’ unlike stocks and gold — Jim Cramer
CNBC host Jim Cramer has revealed he made “a ton of money” on Bitcoin (BTC) but gold “let him down.” In an episode of the...
Bitcoin’s lower lows worry traders — But is the BTC bull market really in danger?
Bitcoin’s price has seen massive gains in recent months, accelerating from $11,000 to nearly $62,000. However, such impressive rallies also include relatively calm periods of...
OKEx Korea crypto exchange to shut down as new reporting laws take effect
The South Korean branch of global cryptocurrency exchange OKEx is shutting down operations next month, OKEx Korea officially announced Tuesday. Users will have to withdraw...