Bitcoin indicator that nailed all bottoms predicts $15.6K BTC price floor
Bitcoin (BTC) needs to go lower before putting in a macro bottom, one of the market’s most accurate indicators shows. Data from sources including on-chain...
Tag : btc news
What determines the Bitcoin price?
Various factors impacting Bitcoin’s price include the supply and demand of BTC, competition from other cryptocurrencies and news, cost of production and regulation. Supply and...
Bitcoin will see ‘long bear market’ says trader with BTC price stuck at $19K
Bitcoin (BTC) failed to reclaim recent losses into July 2 as traders prepared for stagnant price action to continue. BTC/USD 1-hour candle chart (Bitstamp). Source:...
NFT hype evidently dead as daily sales in June 2022 dip to one-year lows
Nonfungible tokens (NFT) took center stage in the year 2021 as artists, influencers, A-list celebrities and the sports industry finally came across a fan engagement...
Bitcoin trader says expect more chop, downside, then sideways price action for BTC this summer
Discussion of the state of the crypto market has been a dominant headline over the past few weeks as non-crypto native media excoriate Bitcoin (BTC) and...
Price analysis 7/1: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB
Bitcoin dropped 56.2% in the second quarter of 2022, according to crypto analytics platform Coinglass. That makes it Bitcoin’s worst quarter since the third quarter...
Bear market? “So what,” says World Chess Champion Garry Kasparov
Garry Kasparov, the Russian chess grandmaster and chair of the Human Rights Foundation, doesn’t appear at all bothered by the current crypto bear market. Kasparov,...
Experts weigh in on European Union’s MiCa crypto regulation
European Union officials recently agreed on a landmark law called the Markets in Crypto-Assets (MiCa) framework that provides guidance for crypto asset service providers (CASPs)...
TON Foundation launches Ethereum Name Service-like domain names
The Open Network (TON) Foundation is the latest cryptocurrency company to upgrade its ecosystem with Ethereum Name Service (ENS)-like domain names. The TON Foundation on...
Layer-1 blockchains: How crypto winter could slow the challenge to Ethereum
Given Ethereum’s dominance coupled with the current crypto bear market, it remains questionable if L1s will flourish. This was recently highlighted in a Chainalsys blog...
Deutsche Bank analysts see Bitcoin recovering to $28K by December
Analysts from Deutsche Bank forecast Bitcoin (BTC) rebounding to $28,000 by December 2022 as the cryptocurrency market continues to grapple with gloomy times. Bitcoin and...
Not giving up: VanEck refiles with SEC for spot Bitcoin ETF
VanEck, one of the first firms in the world to ever file for a Bitcoin (BTC) exchange-traded fund (ETF), is not giving up on its...
Ethereum fork a success as Sepolia testnet gears up to trial the Merge
The difficulty bomb-delaying Gray Glacier hard fork went live on Ethereum on Thursday without a hitch, according to the network’s core devs including Ethereum Foundation’s...
Former Monero maintainer Spagni to surrender for South Africa extradition
Riccardo Spagni, the former maintainer of the privacy coin Monero (XMR), also known as Fluffypony, faces extradition to South Africa months after his arrest by...
Thailand’s Crypto Utopia — ‘90% of a cult, without all the weird stuff’
The story of how a Bitcoin OG set up a Libertarian crypto community and commune for digital nomads on beautiful islands in Thailand three times...
Infamous North Korean hacker group identified as suspect for $100M Harmony attack
The Lazarus Group, a well-known North Korean hacking syndicate, has been identified as the primary suspect in the recent attack that saw $100 million stolen...
Ethereum $1K price support in danger as Q2 comes to a close
Ethereum’s native token Ether (ETH) fell on the final trading day of Q2/2022, trading in sync with riskier assets amid persistent fears of higher inflation...
Price analysis 6/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO
The United States equities markets have given back some of the gains made last week and that has pulled Bitcoin to the psychological support at...
It’s time to refocus on crypto infrastructure, CoinShares CSO says
The ongoing cryptocurrency market decline is the right time for the community to strengthen infrastructure fundamentals, according to the chief strategy officer at the European...
Better than Axie Infinity: Kieran Warwick’s 2032 plan for Illuvium
Kieran Warwick created the play-to-earn game Illuvium with his brothers Aaron and Grant — all siblings of DeFi maverick Kain, the founder of Synthetix. He...
Governments, enterprise, gaming: Who will drive the next crypto bull run?
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well...
MicroStrategy scoops up 480 Bitcoin amid market slump
Business intelligence firm MicroStrategy has added to its Bitcoin (BTC) holdings, reaffirming CEO Michael Saylor’s bullish outlook on the digital asset despite its recent struggles. ...
21Shares responds to bear market with crypto winter ETP
21Shares, a global issuer of crypto exchange-traded products (ETPs), is taking action to respond to the current bear market by launching crypto winter-focused investment tools....
Crypto market crash wipes out millions from North Korea’s stolen crypto funds
North Korea leads the world in crypto crime, with over 15 documented instances of cyber theft amounting to $1.59 billion in stolen funds. However, the...
Anchorage launches Ethereum staking for institutional investors
Anchorage Digital, a San-Francisco-based digital platform that owns the first federally chartered crypto bank, will open an option for institutions to stake Ethereum (ETH). This...
Bitcoin’s bottom might not be in, but miners say it ‘has always made gains over any 4-year period’
Your favorite trader is saying Bitcoin (BTC) bottomed. At the same time, the top on-chain indicators and analysts are citing the current price range as...
Must staking and liquidity pool lock-ups change to see crypto mass adoption?
The recent downturn in the broader crypto landscape has highlighted several flaws inherent with proof-of-stake (PoS) networks and Web3 protocols. Mechanisms such as bonding/unbonding and...
Different this time? ‘Almost all’ Bitcoin metrics are now hinting at a price bottom
Bitcoin (BTC) played wait-and-see with traders on June 28 as Wall Street opened to flat performance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bollinger eyes...
Crypto more popular than mutual funds among millennials, survey shows
Investing firm Alto recently surveyed adults based in the United States to find out their preferences in investing. The results show that more millennials aged...
3 charts showing this Bitcoin price drop is unlike summer 2021
Bitcoin (BTC) bear markets come in many shapes and sizes, but this one has given many reasons to panic. BTC has been described as facing...
Bitcoin mining revenue mirrors 2021 lows, right before BTC breached $69K
Bitcoin (BTC) visiting the $20,000 range after one and a half years made mining — the most important job of the ecosystem — a costly...
Community reacts after SEC’s Gensler affirms BTC’s commodity status
United States Securities and Exchange Commission Chair Gary Gensler riled up Crypto Twitter on Monday after affirming that Bitcoin (BTC) is a commodity. Questions were...
Harmony hacker sends stolen funds to Tornado Cash mixer
The funds from Harmony’s Horizon Bridge have begun to move into the Tornado Cash Ethererum mixer, signaling that the attacker has no intention of accepting...
Price analysis 6/27: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Bitcoin’s (BTC) current bear market is one of the worst, according to a report by on-chain analytics firm Glassnode. This was the first time in...
Bitcoin price dips under $21K while exchanges see record outflow trend
Bitcoin (BTC) sold off into the June 27 Wall Street open as United States equities fell. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $25,000 eyed...
Voyager Digital issues notice of default to Three Arrows Capital
Crypto exchange Voyager Digital has issued a notice of default to hedge fund Three Arrows Capital (3AC) for its failure to pay its 15,250 Bitcoin...
2022 bear market has been the worst on record — Glassnode
Several factors have contributed to making the current crypto bear market the worst ever recorded as most Bitcoin (BTC) traders are underwater and continue to...
Crypto conspiracy theories abound, but prop traders are just doing their job
Alameda Research is a cryptocurrency trading firm and liquidity provider founded by crypto billionaire Sam Bankman-Fried (SBF). Before founding his firm in 2017, SBF spent...
BTC price tops 10-day highs as Bitcoin whale demand sees ‘huge spike’
Bitcoin (BTC) made the most of weekend volatility on June 26 as a squeeze saw BTC/USD reach its highest in over a week. BTC/USD 1-hour...
What are Bitcoin covenants, and how do they work?
Various prominent Bitcoin experts, including Adam Back, Jimmy Song and Andreas Antonopoulos, have raised some concerns over the implementation of restrictive covenants, in particular with...
6 Questions for Daniel Yan of Matrixport
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep...
Small-time investors achieve the 1 BTC dream as Bitcoin holds $20k range
Ever since early Bitcoin (BTC) investors woke up millionaires as the ecosystem gained tremendous popularity alongside the mainstreaming of the internet, investors across the globe...
Can you earn passive income running a Lightning node?
The prerequisites to run a Bitcoin Lightning node include an amount of Bitcoin to fund your Lightning channel, fiat money to buy the hardware equipment(s),...
Sam Bankman-Fried provides bailouts, ‘Bitcoin dead’ searches soar, and debate over hidden themes behind BAYC continues: Hodlers Digest, June 19–25
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...
What is StrongBlock (STRONG) and how does it work?
The digital financial environment continues to develop almost every second, which is no surprise to those in the crypto sector. Among such technological advancements, a...
Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop
The overall power consumption of the Bitcoin (BTC) network recorded a drastic drop after mimicking the two-week-long fall in the mining hash rate, which reduced...
Here’s how pro traders could use Bitcoin options to buy the $20K BTC dip
Bitcoin hit a 2022 low at $17,580 on June 18 and many traders are hopeful that this was the bottom, but (BTC) has been unable...
Price analysis 6/24: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO
The United States equity markets and the cryptocurrency space are witnessing a relief rally this week. Supporting the rise in risky assets is the U.S....
Axie Infinity to compensate Ronin exploit victims and relaunch bridge
Sky Mavis, the creator of the play-to-earn game Axie Infinity (AXS), announced that it will reimburse victims of the Ronin bridge hack and reopen the...
Ethereum price breaks out as ‘bad news is good news’ for stocks
Ethereum’s native token, Ether (ETH), gained alongside riskier assets as investors assessed weak U.S. economic data and its potential to cool down rate hike fears....
White hat hacker attempts to recover ‘millions’ in lost Bitcoin, finds only $105
Joe Grand, a computer engineer and hardware hacker known by many for recovering crypto from hard-to-reach places, spent hours breaking into a phone only to...
Uganda’s gold discovery: What it could mean for crypto
These are fraught times for the cryptocurrency and blockchain sector, so it isn’t surprising that industry proponents might seize upon any promising news to help...
Bitcoin payments make a lot of sense for SMEs but the risks still remain
The last six odd months has seen the cryptocurrency market witness an unparalleled amount of financial volatility, so much so that the total capitalization of...
Bitcoin gives ‘encouraging signs’ — Watch these BTC price levels next
Bitcoin (BTC) headed toward the upper end of its trading range on June 24 as optimism crept back into traders’ forecasts. BTC/USD 1-hour candle chart...
CBDC may threaten stablecoins, not Bitcoin: ARK36 exec
Central bank digital currencies (CBDCs) do not pose any direct threat to cryptocurrencies like Bitcoin (BTC) but are still associated with risks in relation to...
Bitcoin miner ‘capitulation event’ may have already happened — Research
Bitcoin (BTC) miners may have already sparked a “capitulation event,” fresh analysis has concluded. In an update on June 24, Julio Moreno, senior analyst at...
Solana smartphone Saga triggers mixed reactions from crypto community
The Solana team has brought mobile phones to Web3 after revealing Saga, Solana’s Android mobile device that will go out with the project’s latest stack for...
Breaking: Harmony’s Horizon Bridge hacked for $100M
The Horizon Bridge to the Harmony layer-1 blockchain has been exploited for $100 million in altcoins which are being swapped for Ether (ETH). The hack...
Buy Bitcoin or start mining? HashWorks CEO points to ‘attractive investment yield’ in BTC mining
Recently, bad news has abounded, and the resulting fear is real. DeFi is looking dead, altcoins completed their lifecycle by returning back to $0 (I...
Voyager Digital cuts withdrawal amount as 3AC contagion ripples through DeFi and CeFi
The Singapore-based crypto venture firm Three Arrows Capital (3AC) failed to meet its financial obligations on June 15 and this caused severe impairments among centralized...
‘Foolish’ to deny Bitcoin price can go under $10K — Analysis
Bitcoin (BTC) preserved $20,000 for another day on June 23 with calls for another 20% drop still surfacing. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView...
Swan Bitcoin CEO against crypto lenders: Users are way under-compensated for the risk
Swan Bitcoin CEO Cory Klippsten believes that the liquidity crisis involving Celsius Network may be just the beginning of a broader collapse in the crypto...
Old-school photographers grapple with NFTs: New world, new rules
Photography often has to weather disruptive changes — from film to digital, for example — and photographers find themselves needing to master new technologies or...
Crisis in crypto lending shines light on industry vulnerabilities
The crypto market has entered a bearish phase as prices of major cryptocurrencies have fallen to a four-year low. The current downturn in the crypto...
Bitcoin hodler data hints BTC price ‘really close’ to bottom — nalysts
Bitcoin (BTC) could have already seen a price bottom or be “really close” to one, analysts believe after eyeing new data this week. In a...
University of Cincinnati turning crypto craze into educational curriculum
Cryptocurrencies are attracting a lot of attention from academic institutions as they become increasingly accepted as an alternative to conventional assets. The University of Cincinnati...
Meta set to begin testing NFTs on Instagram Stories with Spark AR
Instagram’s parent company, Meta, announced Wednesday that it will begin testing NFTs on Instagram Stories using its augmented reality platform Spark AR. CEO Mark Zuckerberg said of the...
Price analysis 6/22: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, SHIB
Bitcoin (BTC) continues to face a tough battle near the psychological level of $20,000 as the bulls and the bears attempt to assert their supremacy....
Friday’s $2.25B Bitcoin options expiry might prove that $17.6K wasn’t BTC’s bottom
Bitcoin (BTC) has been trying to break out of a descending trend for the past week and the first attempt on June 16 failed to...
This is what’s standing in the way of DeFi’s ‘NFTification’
Ask someone what an NFT is, and they’ll instinctively think of digital art — the CryptoPunks, Bored Apes and Ether Rocks that have sold for...
Bitcoin price rises to $20.7K as Fed’s Powell says more rate hikes ‘appropriate’
Bitcoin (BTC) checked losses while United States equities drifted down on June 22 as the Federal Reserve kept quiet on monetary policy. BTC/USD 1-hour candle...
Binance-owned Trust Wallet adds buy option via Binance Connect
Trust Wallet, a major self-custodial cryptocurrency wallet owned by the Binance crypto exchange, has completed a significant integration to enable easier crypto purchases. The Trust...
Crypto brokerage FalconX raises $150M at $8B valuation
Despite the ongoing bearish trend in cryptocurrency markets, venture capital firms continue pouring capital into major industry players like FalconX. FalconX, the institutional-level digital asset...
Bitcoin price wicks below $20K as whales send 50K BTC to exchanges
Bitcoin (BTC) saw a dramatic change of mood into June 22 as multi-day highs gave way to a fresh dive under $20,000. BTC/USD 1-hour candle...
USDC’s ‘real volume’ flips Tether on Ethereum as total supply hits 55.9B
USD Coin (USDC) is taking a run at the title of the top stablecoin in crypto after its daily ‘real volume’ on the Ethereum network doubled...
Blockchain isn’t as decentralized as you think: Defense agency report
Distributed ledger technology (DLT) and blockchains including Bitcoin and Ethereum may be more vulnerable to centralization risks than initially thought, according to Trail of Bits. ...
Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?
There is good reason to be afraid. Previous down markets have seen declines in excess of 80%. While tightfisted hodling might hold wisdom among many...
Cointelegraph Store introduces Summer of Crypto merch collection
As the market gets hot with the recent price drops, traders need a way to stay cool and take a break from looking at their...
Risky business: Celsius crisis and the hated accredited investor laws
Accredited investor laws are the bane of many in the crypto industry, who see them as preventing small investors from accessing big opportunities. When Celsius...
Bitcoin S2F model gives false sense of certainty, says Vitalik Buterin
Ethereum co-founder Vitalik Buterin has criticized the controversial Bitcoin (BTC) stock-to-flow (S2F) model, popularized by a pseudonymous Dutch institutional investor known as PlanB. The BTC stock-to-flow model gained a lot...
What is Vulcan Forged (PYR) and how to make money playing it?
What is a play-to-earn crypto game? Distributed technologies including blockchain and nonfungible tokens (NFTs) enable game developers and gamers a more interactive, immersive and incentivized...
Cloudflare outage affects multiple crypto exchanges
Cloudflare, a significant infrastructure provider for the internet, recently experienced widespread problems, leaving many crypto exchanges down. The content delivery network (CDN) confirmed via an...
Ukraine sells CryptoPunks NFT donation for 90 ETH, worth over $100K
It took cross-border sanctions and an escalating war for the Ukrainian government to realize the importance of cryptocurrencies, as it witnessed uninterrupted monetary aid in...
Ethereum testnet Beacon Chain launched and ready for trial merge
The Sepolia testnet Beacon Chain has gone live, setting the stage for its merge dress rehearsal to give Ethereum network developers valuable technical insights. Upon...
Price analysis 6/20: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
The crypto markets have been in a strong bear phase for the past several months but JPMorgan Chase analysts expect that to change and they...
Iranian government to cut power supply for the country’s legal crypto mining rigs
According to local news outlet Arz Digital, the day prior, Rajabi Mashhadi, a spokesperson for Iran’s Ministry of Energy, said that the entity would be...
More ‘forced selling’ ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever
Canada’s Purpose Bitcoin ETF (BTCC) witnessed its Bitcoin (BTC) holdings slashed by half in just one day, suggesting an alarmingly waning buying sentiment among the...
Why the crypto market crash may play in Bitcoin’s favour
Natalie Brunell, the host of Coin Stories podcast, thinks that the recent incidents involving Terra (LUNA, now rebranded LUNC) and Celsius and the following market...
ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K
The firm behind one of the first Bitcoin futures-linked exchange-traded funds in the United States will give investors a new vehicle to bet against the...
‘Bitcoin dead’ Google searches hit new all-time high
Collapsing Bitcoin (BTC) prices are reviving renewed speculation about the demise of the leading cryptocurrency, according to Google search trends. Google searches for “Bitcoin dead”...
What Ethereum use case can make ETH a $500B market-cap asset? Community answers
While Ether’s (ETH) price dip over the weekend may have left investors worried about the digital asset, community members on Reddit discussed use cases of...
Synthetix racks up over $1M in daily fees as SNX token value surges 100%
Layer-2 scaling solution Synthetix recently collaborated with liquidity provider Curve Finance to create Curve pools for Synthetic Ether (sETH)/Ether (ETH), Synthetic Bitcoin (sBTC)/Bitcoin (BTC) and...
6 Questions for Annabelle Huang of Amber Group
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep...