The tension between El Salvador and the International Monetary Fund (IMF) persists as discussions continue regarding the country’s adoption of Bitcoin as legal tender. Following recent statements from El Salvador’s…
Category: Cryptocurrency News
Is Bitcoin’s weekly drop a buying opportunity?
Quinn Thompson, chief investment officer at Lekker Capital, has pointed out that Bitcoin’s weekly drop is a buying opportunity. Bitcoin’s 6% weekly drop to $61,000 signals a buying opportunity, says…
Bitcoin targets $70,000 as stablecoin inflows and China’s stimulus drive rally
Bitcoin (BTC) has surged past the $65,000 mark, fueled by a wave of stablecoin liquidity and stimulus measures from China, setting its sights on a potential breakthrough to $70,000. This…
Bitcoin drops below $60K, triggering the largest exchange buying spree since 2022
The recent decline in Bitcoin (BTC) prices below the $60,000 mark has led to massive withdrawals from exchanges, as traders scramble to “buy the dip.” This sudden surge in buyer…
Binance Issues Risk Warnings for 10 Cryptocurrencies Including Travala and IOTA
Binance, the world’s largest cryptocurrency exchange by trading volume, has implemented a new policy to warn users about certain cryptocurrencies that have entered a “risk zone.” The move is aimed…
Bitcoin ETFs Maintain Bullish Momentum: Positive Streak of 8 Days Holds Price Above $60,000
The Bitcoin market has shown remarkable resilience and upward momentum over the past few weeks, with a significant factor driving this performance being the inflow into spot Bitcoin exchange-traded funds…
Strong drop in Bitcoin and Nikkei due to new Japanese Prime Minister
Bitcoin (BTC) has experienced a significant drop again, falling below $64,000, driven by market overconditions and an unexpected election in Japan. Bitcoin falls below $64,000 after election in Japan Strong…
Any drop in Bitcoin is now a buying opportunity
The four-year cycle that has always characterized the bitcoin market remains intact, creating a sense of optimism. Breaking above $65,000 represents a new technical scenario. According to analyst Scott Melker,…
Various macroeconomic data will impact Bitcoin and the markets this week
Employment news, inflation, and meetings of economic entities could influence the price of the digital asset. Bitcoin is about to enter a historically bullish month. There are high positive expectations…
Appetite for ETFs drives Bitcoin in 2024
Bitcoin, the most valuable cryptocurrency in the market, continues its ascent in 2024, with an impressive increase of 55.79% in its price, rising from $42,272.5 to $65,858.2. This growth has…
Solana Investors Maintain Their Focus As They Double Their Mpeppe Bag
Solana (SOL) Investors Flock to Mpeppe (MPEPE) Amidst Market Shifts Solana (SOL) has established itself as one of the leading cryptocurrencies, delivering exceptional growth over the past 11 months. Recent…
Dogecoin Forming First Golden Cross In 4 Years, Is A 3700% Rally To $3.8 Possible?
Dogecoin could be on the verge of a significant price surge as a key bullish chart pattern, the Golden Cross, begins to form. This pattern, which occurs when a short-term…
Is This The End For Ethereum Or A Generational Opportunity?
Ethereum holders are indeed facing challenging times, particularly with the underwhelming performance of recently launched Ethereum spot exchange-traded funds (ETFs). These ETFs were initially anticipated to drive significant price action…
Singapore’s DBS Bank to Launch Bitcoin and Crypto Options for Institutions
In a significant move for the cryptocurrency market, DBS Bank, Singapore’s largest financial institution, announced it will begin offering over-the-counter (OTC) options trading and structured notes linked to Bitcoin and…
River Secures Over $800 Million Worth of Bitcoin, Launches Proof of Reserve
In a significant move aimed at restoring trust in the cryptocurrency industry, River, a leading U.S. Bitcoin exchange, has launched River Proof of Reserves. This initiative is designed to provide…
Federal Reserve Cuts Interest Rates by 50 Basis Points to Address Economic Uncertainty
In a landmark decision today, the Federal Reserve has cut interest rates by 50 basis points, reducing the federal funds rate target range to 4.75%-5%. This significant move marks the…
Germany’s Commerzbank and DZ Bank To Offer Bitcoin and Crypto Trading
Germany’s Major Banks Embrace Bitcoin Trading Amid Institutional Demand Germany’s financial landscape is undergoing a significant transformation as two of its largest banks, Commerzbank and DZ Bank, launch Bitcoin and…
Crypto Analyst Predicts Dogecoin Will Surge 1,000% Past ATH – Price Targets Revealed
Dogecoin Price at Crucial Level: Could It Ignite a 1,000% Surge? Dogecoin, the popular meme coin, is currently at a crucial price level after a surge driven by the Federal…
Louisiana State Government Now Accepts Bitcoin Lightning As Payment
In a groundbreaking move, Louisiana State Treasurer, John Fleming, M.D., has announced that the state government will now accept Bitcoin, Bitcoin Lightning Network, and USD Coin as valid forms of…
Fractal Bitcoin: A Misleading Affinity
Fractal Bitcoin: A Deep Dive into Its Mechanisms and Implications Fractal Bitcoin has recently made headlines as a project that claims to offer “the only native scaling solution completely and…
Bitcoin’s Future in Payments: Overcoming Stablecoin Dominance with Fiatless Fiat
While stablecoins have become the dominant players in the cryptocurrency payment market, some Bitcoin developers are proposing alternatives that could reinstate Bitcoin’s role as a viable payment option. One such…
Regulating Bitcoin and crypto in Nigeria: Crossroads between capital control and financial freedom
The Struggle for Bitcoin’s Freedom in Nigeria: A Regulatory Tug of War The rise of Bitcoin and other digital assets has ignited a classic battle between decentralized technology and centralized…
MicroStrategy Buys Additional $1.11 Billion Worth of Bitcoin
MicroStrategy’s Acquisition: 18,300 BTC for $1.11 Billion MicroStrategy, the business intelligence firm led by Bitcoin advocate Michael Saylor, has made headlines once again by purchasing an additional 18,300 Bitcoins for…
Bitcoin Price Action: What to Expect Next
Bitcoin’s Recent Price Movements and Key Indicators Bitcoin’s recent price movements have caused concern among investors about what might come next. However, by looking at key indicators such as the…
Bitcoin Surges to $60,000 as Markets Brace for Potential Fed Rate Cut
Bitcoin’s rise back to $60,000 is being driven by speculation that the Federal Reserve will cut interest rates next week. Markets are anticipating a 25-50 basis point reduction, which could…
Bitcoin Mining Shutdown Cause 20% Surge in Electricity Bills
The closure of a Bitcoin mining facility in Hadsel, Norway, has resulted in a significant rise in electricity costs for residents, highlighting the economic relationship between Bitcoin mining and local…
The Urgent Need for Bitcoin Tax Reform to Encourage Everyday Use
The Virtual Currency Tax Fairness Act proposes to exempt cryptocurrency transactions under $200 from capital gains taxes, allowing them to be taxed like foreign currency purchases, which would dramatically ease…
Bhutan Revealed as a Major Bitcoin Holder with $780M in BTC from Mining
Bhutan, a small Buddhist kingdom nestled in the eastern Himalayas, has been making headlines for an unexpected reason. According to a recent report by Arkham Intelligence, the country holds 13,011…
Switzerland’s Fourth Largest Bank ZKB Launches Bitcoin Trading
Zürcher Kantonalbank (ZKB), Switzerland’s fourth-largest bank, has taken a significant step by offering its clients the ability to trade and hold Bitcoin and other cryptocurrencies. With more than $290 billion…
Mastercard Launches Euro Denominated Non-Custodial Bitcoin Debit Card
Bridging Traditional Payments and Crypto Mastercard, a global payments leader serving almost 3 billion customers across 210 countries, has taken a major step toward integrating cryptocurrency into mainstream finance. In…
Bitcoin and Crypto Exchange HTX To Integrate Lightning Network
Introduction to HTX and Lightning Network HTX, one of the largest Bitcoin and cryptocurrency exchanges globally, has made headlines by announcing its partnership with Bitcoin firm IBEX. The goal? To…
Proof of Workforce and Careers In Government Partner to Integrate Bitcoin into Public Sector Jobs
In a significant move for both the cryptocurrency and public sectors, the Proof of Workforce Foundation (POWF) and Careers In Government Inc. (CIG) have announced a strategic partnership to integrate…
Australian Bitcoin ETF to Implement Proof of Reserves with Hoseki
The Monochrome Asset Management’s Monochrome Bitcoin ETF (IBTC) has recently set a new benchmark for transparency in the cryptocurrency investment sector. With the announcement of its partnership with Hoseki, a…
UK Parliament Introduces Bill to Recognize Bitcoin and Crypto as Personal Property
In a significant legal development, the United Kingdom has introduced the Property (Digital Assets, etc) Bill, marking a milestone in the official recognition of Bitcoin, cryptocurrency, and other digital assets…
El Salvador’s Bitcoin Office Celebrates 21 Months of Success, Sets Stage for Renaissance 2.0
El Salvador’s Bitcoin Renaissance: A Vision for the Future In the fast-evolving world of cryptocurrency, certain figures and nations stand out as pioneers, charting new courses that seem unimaginable to…
Metaplanet Buys Additional ¥300 Million Worth of Bitcoin
Metaplanet, a publicly traded Japanese company, has announced a significant addition to its Bitcoin portfolio. The company recently acquired 38.6 BTC for 300 million yen (approximately $2.2 million), boosting its…