BTC Reclaims 24k, ETH $1700 Following Second Consecutive GDP Decline
Bitcoin and Ethereum are pumping after the U.S. Bureau of Economic Analysis released its official GDP data for Q2 2022....
Bitcoin News
Bitcoin price battles $23K as data says US in ‘technical recession’
Bitcoin (BTC) regained more lost ground on the July 28 Wall Street open amid confusion over whether the United States...
Ethereum Classic Climbs 124% in 2 Weeks, Hashrate Spikes, KRW Captures 20% of ETC’s Trade Volume – Altcoins Bitcoin News
Roughly six years ago in July 2016, an Ethereum hard fork was used to address the infamous DAO hack. This...
Bitcoin (BTC) Reclaims $21,000 Support Area After Falling From $24,000
Bitcoin (BTC) has reclaimed a short-term support level after deviating below it. Reclaiming this support is crucial for the continuation...
Brazil’s Leading Brokerage Firm Reveals the Launch Date of its Crypto Platform
XP Inc. – one of Brazil’s largest brokerage companies – expects to release its cryptocurrency platform by the middle of...
SOL Slips to 12-Day Low, as NEAR Drops by Nearly 12% on Tuesday – Market Updates Bitcoin News
Solana fell for a second consecutive session on Tuesday, pushing the token to its lowest level in twelve days. The...
Tesla Writes Down $170M in Bitcoin Impairment Charges in Q2
Electric carmaker Tesla recorded a $170 million impairment charge against the carrying value of its bitcoin assets. The company also...
Bitcoin Is Not Out of the Woods Yet According to This Metric
Although bitcoin trades 25% higher than its multi-year bottom tapped in June at $17,500, CryptoQuant suggested that the asset could...
Top 5 cryptocurrencies to watch this week: BTC, ETH, BCH, AXS, EOS
If Bitcoin clears its overhead resistance level, ETH, BCH, AXS and EOS could resume their uptrend with surprising strength. Source...
Krugman Says He Was ‘Wrong About Inflation,’ Summers Talks Recession, Biden Criticized Over ‘Half-Truths and Fibs’ – Economics Bitcoin News
In mid-June red hot inflation reared its ugly head in America once again, as the latest U.S. Bureau of Labor...
Finland Sells 1,889 Seized Bitcoins for $47 Million — Proceeds Going to Ukraine – Regulation Bitcoin News
Finland has sold 1,889 bitcoins seized in narcotic cases for 46.5 million euros ($47.4 million). The country’s finance minister previously...
Boston Consulting Group Predicts One Billion Crypto Users by 2030
The Boston Consulting Group predicts that the number of crypto users will increase to 1 billion by 2030. In a...
Betting Big on Bitcoin Was a Short-Term Mistake, Admits Scaramucci
Famous American financier Anthony Scaramucci has admitted that having massive exposure to Bitcoin was a mistake in the short run,...
Bitcoin wobbles on Wall Street open as Ethereum hits $1.6K in 6-week high
Bitcoin (BTC) took a step back as Wall Street trading began on July 22 after recovering most of its previous...
Coinbase Confirms ‘No Financing Exposure’ to Bankrupt Crypto Firms Celsius, Voyager, Three Arrows Capital – Exchanges Bitcoin News
Crypto exchange Coinbase has confirmed that the company “had no financing exposure” to bankrupt firms, including Celsius Network, Voyager Digital,...
Bitcoin (BTC) Reaches Crucial Long-Term Moving Average
Bitcoin (BTC) has broken out from a long-term descending resistance line and is in the process of reclaiming its 200-week...
Tesla Sold $936 Million of its Bitcoin Holdings in Q2
According to Tesla’s Q2 2022 earnings report released on Tuesday, the car manufacturer has sold almost all of its Bitcoin...
Morgan Stanley encourages investors to buy battered El Salvador eurobonds
El Salvador’s Bitcoin (BTC) bet has somewhat backfired, with the top cryptocurrency currently trading at a 70% discount from its...
Central Banks, Governments Are ‘Way Behind the Curve’ in Regulating Cryptocurrencies – Regulation Bitcoin News
Harvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says central banks and...
Bitcoin (BTC) Breaks Out Above 106-Day Resistance Line
Bitcoin (BTC) has broken out above a descending resistance line that had been in place for three months. It seems...
Sweden’s Priority Should be Steel Production, Not Bitcoin Mining, Energy Minister Says
Khashayar Farmanbar – Energy Minister of Sweden – believes the nation’s electricity supply should be focused on something “more useful”...
India needs global collaboration to decide on crypto’s future, says finance minister
Indian finance minister Nirmala Sitharaman has called for global collaboration on cryptocurrencies, assessing their pros and cons to form a...
