Bitcoin News / Google News Bitcoin - 2 years ago
Cory Klippsten is a big fan of Bitcoin. But his affinity for cryptocurrencies ends there. Klippsten, head of a company called Swan Bitcoin, sees a growing minefield of scams, fraud, and risky products throughout the industry. As the market retreats,...
Bitcoin News / Google News Bitcoin - 2 years ago
Following a move below $19,000 on Thursday, BTC was able to rise above $20,000 during today’s trading session. ETH also was able to remain above $1,000, following an attempt by bears to push price under this level during yesterday’s session.
Bi...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin fell toward $19,000 during Asian afternoon hours after central bankers renewed inflation warnings at the European Central Bank’s annual forum on Wednesday.
The asset dropped 5.5% in the past 24 hours, and is on track for a record 40% mont...
Bitcoin News / Google News Bitcoin - 2 years ago
The top U.S. commodities watchdog charged South Africa-based bitcoin pool operator Mirror Trading International with $1.7 billion fraud on Thursday, alleging the global, multilevel marketing scheme “misappropriated” all of the bitcoin it amassed....
Bitcoin News / Google News Bitcoin - 2 years ago
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Bitcoin News / Google News Bitcoin - 2 years ago
It shouldn’t be controversial to say that bitcoin (BTC) benefited from the huge money prints the U.S. and other governments made during the coronavirus pandemic. The U.S. monetary supply ballooned in the first two years of the third decade of the 2...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin briefly sank below $19,000 on Thursday, hitting a fresh low for the year as investors digested the collapse of cryptocurrency hedge fund Three Arrows and the rising risk of an economic recession.
The leading cryptocurrency was down 4.4% a...
Bitcoin News / Google News Bitcoin - 2 years ago
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Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin (BTC) drifted further downhill into the June 30 Wall Street open as United States equities opened with a whimper.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView
U.S. dollar returns to multi-decade highs
Data from Cointelegraph...
Bitcoin News / Google News Bitcoin - 2 years ago
Everyone expects another Bitcoin (BTC) capitulation event, but data suggests that mass buying has already started.
In a Twitter thread on June 29, Checkmate, lead on-chain analyst at data firm Glassnode, drew attention to who in Bitcoin is really st...
Bitcoin News / Google News Bitcoin - 2 years ago
Whenever bitcoin moves into a bear market, the victory laps commence.
My personal favorites are those who have been “anti-bitcoin” for years, often academic types who told you when the BTC price was under $100 that it was a scam. Then they state...
Bitcoin News / Google News Bitcoin - 2 years ago
Conventional banks should have a cap on their holdings of unbacked crypto assets to safeguard financial stability, the Basel Committee on Banking Supervision said Thursday.
The international standard setter is having another go at setting out how...
Bitcoin News / Google News Bitcoin - 2 years ago
If you have been keeping tabs on Bitcoin [BTC] and the crypto market at large for the last few months, chances are you are feeling a bit bitter. Unless you happen to be one of the Bitcoin critics and doom-mongers, in which case, you may be gleaming...
Bitcoin News / Google News Bitcoin - 2 years ago
After dipping to a low of $19,939 early Wednesday morning, bitcoin (BTC-USD) is fighting to find support back above the $20,000 mark.
The day's trading comes at the ending of a painful last two months, during which investors have seen crypto's total...
Bitcoin News / Google News Bitcoin - 2 years ago
Grayscale Investments filed suit against the U.S. Securities and Exchange Commission (SEC) barely an hour after the regulatory agency rejected its application to convert its flagship Grayscale Bitcoin Trust product to an exchange-traded fund (ETF)....
Bitcoin News / Google News Bitcoin - 2 years ago
Microstrategy has purchased more bitcoin amid a heavy market sell-off. The announcement followed a clarification by the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, stating that bitcoin is a commodity.
Microstrat...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin briefly fell below $20,000 on Wednesday as a number of factors from macroeconomic worries to issues with cryptocurrency companies continue to weigh on the market.
The world's largest cryptocurrency was last trading up by less than 1% at $...
Bitcoin News / Google News Bitcoin - 2 years ago
The SEC on Wednesday rejected Grayscale's application for a spot bitcoin ETF, citing a failure by the investment manager to answer questions about concerns around market manipulation.
Nurphoto | Nurphoto | Getty Images
Grayscale, which manages...
Bitcoin News / Google News Bitcoin - 2 years ago
Microstrategy has purchased more bitcoin amid a heavy market sell-off. The announcement followed a clarification by the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, stating that bitcoin is a commodity.
Microstrat...