Cryptocurrency news - Bitcoin
A ‘snap back’ to $20K? 5 things to know in Bitcoin this week
Bitcoin sees split opinions as major $25,000 resistance combines with early signs that all is not well with the BTC price rally. Bitcoin BTC$24,439 starts the last week of February in a volatile mood as a crucial area of resistance fails to break. After a classic “fakeout” duri...
Bitcoin price returns to $22K despite 'least volatile' US CPI reaction
Five-day highs for BTC price come within a narrow trading range as U.S. inflation broadly conforms to expectations. Bitcoin BTC $22,100 ticked above $22,000 after the Feb. 14 Wall Street open as crucial United States inflation data delivered “mixed” results. BTC price hits...
SEC to up scrutiny of firms offering or giving advice about crypto
Registered crypto brokers and advisors may need to be on edge when giving advice this year, after a recent warning from the SEC. Crypto brokers and investment advisors offering or giving advice about cryptocurrencies will be put under the scope of the United States' securities w...
Layer1 CEO alleges co-founder is using majority power to ‘ransack’ company
The plaintiffs claim that Dolic and Ebel began to conduct unauthorized business activities when the corporate governance of its parent company, Enigma, collapsed. The CEO of crypto miner Layer1 Technologies has filed a lawsuit against the firm’s two other board m...
Is BTC price about to retest $20K? 5 things to know in Bitcoin this week
Bitcoin looks like it is treading on thin ice as February fails to match the gains of last month. Bitcoin BTC $23,082 starts the second week of February in a newly bearish mood as multimonth highs fail to hold. In what may yet bring vindication to thos...
Bitcoin stays out of fear for 11 straight days as price tips near 24K
Bitcoin's huge price surge in January has meant that 64% of Bitcoin investors are in profit, according to data from IntoTheBlock. Bitcoin (BTC) has just clocked its 11th consecutive day outside the “Fear” zone in the Crypto Fear and Greed Index, cementing its...
Hong Kong could be key for China’s crypto comeback: Arthur Hayes
Arthur Hayes, the former CEO of crypto derivatives giant BitMEX, believes the next crypto bull run will start when China moves back into the market, and Hong Kong has a vital part to play in this process. In his Oct. 26 blog post titled "Comeback", Hayes outlined why he thinks th...
Top 3 reasons why Bitcoin hash rate continues to attain new all-time highs
Falling mining rig prices Hash rate relates to the computing power required by Bitcoin miners to mine a block. As a result, a higher hash rate demands stronger mining rigs that could help miners mine a block and earn mining rewards. As global markets recovered from chip...
Next few weeks are ‘critical’ for stock market and Bitcoin, analyst says
The stock market’s movements in the next few weeks will be critical for determining whether we are heading towards a short-term recession or a long-term one, according to forex trader and crypto analyst Alessio Rastani. During the October-December 2022 period, the...
El Salvador's Finance Minister Says Bitcoin Adoption is 'Gaining Ground'
El Salvador's adoption of bitcoin (BTC) as legal tender is working despite the over 50% losses the government has incurred on its purchases, the country's finance minister said. Alejandro Zelaya said in an interview with Bloomberg on Wednesday that bitcoin adoption has been be...