Cryptocurrency news - Bitcoin
BTC price dives 3% in minutes as 'deep correction' grips crypto market
BTC price returns to $29,000 with a cascade of long liquidations fueling fresh Bitcoin downside. Bitcoin BTC $29,296 abruptly reversed gains on April 19 as a cascade of long liquidations sent BTC/USD plummeting lower. Bitcoin sees "beautiful" retracement Data from Cointelegr...
Zambia’s crypto regulation tests to be wrapped by June: Report
According to Zambia Tech Minister Felix Mutati, the country needs digital identities and other necessary digital infrastructures before it introduces crypto. Cryptocurrency regulation tests aiming to help shape crypto laws in Zambia that simulate the real-world use of crypto are...
$30K BTC price target stays valid as ‘boring’ Bitcoin heads into US jobs data
Traders agree that Bitcoin still lacks direction, but $25,000 and $30,000 remain targets once conditions change. Bitcoin BTC $27,941 stuck to a narrow trading range into April 7 as crypto analysts awaited the week’s main United States macroeconomic data. $30,000 or $25,000 for...
Bitcoin ‘untouchable’ amid regulatory pressures, says analyst
Bitcoin is "untouchable,” because it's more decentralized than other cryptocurrencies in the space such as Ether according to senior commodity strategist Mike McGlone. Bitcoin (BTC) is "untouchable" despite ongoing regulatory pressures in the crypto sector and those who don't ha...
Hong Kong crypto firms seeing interest from Chinese banks: Report
Several Chinese banks have been seeking to offer services to crypto firms in Hong Kong, despite a ban on crypto on the Chinese mainland. Crypto firms setting up in Hong Kong ahead of a new licensing regime for crypto exchanges in June have reportedly found some unexpected allies...
Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood
Cathie Wood was impressed that Bitcoin “moved in a very different way” compared to the equity market in response to the recent banking crisis. The value proposition of Bitcoin BTC $28,257 is on full display amid the current banking crisis, which will only “attract more institut...
Lightning Labs and Tari agree to convert restraining order in trademark suit
Tari Labs, who bought the suit against the project has faced backlash from the crypto community with some suggesting the lawsuit was “frivolous.” Bitcoin BTC $26,129 software firm Lightning Labs and blockchain startup Tari Labs have agreed to convert a court-ordered temporary r...
US banking system outlook downgraded to ‘negative’ following recent bank failures
Recent bank failures have highlighted the need for Blockchain-based cryptocurrency such as Bitcoin. Credit rating agency Moody’s has recently downgraded its outlook on the entire United States banking system from “stable” to “negative.” The move comes in light of the recent fail...
Breaking: Bitcoin slips under $20K amid Biden budget, Silvergate collapse
The price of BTC briefly slipped under $20,000 on March 10, although at time of writing was hovering just above that level. Bitcoin BTC $19,938 briefly slipped below $20,000 for the first time in nearly two months, following the latest budget from United States President Joe Bid...
Bitcoin core dev calls out ‘misleading’ auction selling his code as an NFT
Bitcoin core developer Luke Dashjr has called out the sellers behind an NFT auction for using his name and code without his knowledge or consent. One of the original core developers behind Bitcoin BTC$23,373, Luke Dashjr, has taken to social media to call out an auction site...