News about BITCOIN

Switzerland-based 21shares announced it’s going to offer its crypto exchange-traded product (ETP) to institutional investors in Britain. The platform said the aim is to provide U.K. investors with exposure to bitcoin without the need to deal wi...

Hodl with strong hands and a stout heart - the FUD will be fast and thick as poor nations seek to adopt the bitcoin standard

Bitcoin just entered into a new phase with El Salvador, Paraguay, Argentina, Brazil, etc either adopting or considering the adoption of a Bitcoin standard. I'm not one for conspiracies, but it is almost certain that this will start the gears turn...

TA: Bitcoin Resumes Slide, Why BTC Could Extend Losses In Short-Term

Bitcoin price failed to stay above the $35,000 support against the US Dollar. BTC is declining and it is likely to extend losses below $33,000 in the short-term. Bitcoin started a fresh decline after it broke the $36,500 and $36,000 support levels....

As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows

Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction fees have dropped 93% after touching a high of $62 per transaction in April 2021. Bitcoin Daily Transaction Rate...

Is a Bear Trap being set? Even as the Price is floundering, Bitcoin Whales are buying it up like crazy: highest levels since March 14th. If you have any Bitcoin: HODL !!! Small investors always pay the price for the Whales to Profit. You can’t lose if you

submitted by /u/gregcar48 [link] [comments]

Record $141M outflow from Bitcoin products signals institutions are bearish on BTC: CoinShares

Institutional investors withdrew a record $141 million from Bitcoin investment products this past week. The latest report from analytics firm CoinShares shows that o...

Top White House tech critic Tim Wu holds more than $1M in Bitcoin

submitted by /u/labormarket [link] [comments]

Donald Trump Detests Bitcoin, Calls BTC a Scam, Wants Heavy Crypto Regulation

Former U.S. President Donald Trump says he does not like bitcoin because it is a currency that competes with the dollar, which he wants to be the currency of the world. He calls bitcoin a scam and wants cryptocurrency to be very heavily regulated. Tr...

Bitcoins falling price is okay with me...

So far El Salvador, Paraguay and now apparently Panama are looking to go to the Bitcoin standard. my greatest hope is that these nations that have been terrorized by the World Bank and the international monetary fund as well as the US dollar hegemony...

Always Remember Banks that Refuse to Service Bitcoin Customers. The Same Banks Get Caught Laundering Money for Mexican Drug Cartels.

Some Banks Refused to service Bitcoin customers because of "Compliance Risks" while they were laundering money. Dutch Rabobank as a great example https://www.justice.gov/opa/pr/rabobank-na-pleads-guilty-agrees-pay-over-360-million https://m...

Asset Managers Could Violate Fiduciary Duty If They Don’t Consider Bitcoin, Says Finance Professor

A professor of finance and business economics at the University of Southern California says that asset managers focusing on growth strategy could violate their fiduciary duty if they do not consider bitcoin in their portfolios. Asset Managers With Gr...

Bitcoin price is fragile, but on-chain data points to fresh accumulation

On-chain data shows long-term holders are back in accumulation mode after the recent shake-out cleared network congestion and shook out over-leveraged traders. The May...

FBI Agent Recovers Private Key to $2.3M in Bitcoin Paid to Colonial Pipeline Hackers

U.S. law enforcement officials from the Justice Department on Monday announced the seizure of $2.3 million dollars worth of crypto assets that were paid to the Colonial Pipeline hackers. Deputy Attorney General Lisa Monaco explained during a news con...

U.S. Recovers Millions Paid In Bitcoin For Pipeline Ransomware

U.S. authorities have successfully recovered a ransom paid in Bitcoin by the company Colonial Pipeline, per a CNN report. In May, a cyberattack allegedly perpetrated by a Russia-backed hacker group called DarkSide halted the operations of this compan...

Politician in Panama tweets that “Panama cannot be left behind” in response to El Salvador’s Bitcoin Proposal.

submitted by /u/kohleesi [link] [comments]

Bullish news in a glum week. PayPal registered a record with Bitcoin and reached a daily volume of more than $300 million

submitted by /u/TheGreatCryptopo [link] [comments]

Crypto Twitter says Bitcoin shorts are increasing, but data shows otherwise

A growing number of analysts have flipped bearish on Bitcoin and expect a significant price drop, but analyzing data from the perpetual futures and options markets uncovers a contrasting...

Bitcoin has already working side chains. Rootstock (RSK), for example, allows you to simulate the Ethereum Virtual Machine (EVM), on top of Bitcoin's security and decentralization strengths. This is crazy! Layer 2 is here!

Long-term extremely bullish factor IMO. --Edit Info and Links: Rootstock website. Smart contracts glued on top of Bitcoin. Uses a 1:1-pegged Token (rBTC) to pay for "gas" and can run Ethereum contracts. DeFi on Bitcoin using Rootstock, exc...

Panama To Join El Salvador and Paraguay in Bitcoin Adoption

submitted by /u/Zealousideal_Book151 [link] [comments]

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