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Bitcoin News
Bitcoin News

Sichuan Based Chinese Crypto Mining Firms Safe for Now Says Report

The Sichuan province of China which is among the top-3 Bitcoin mining hub had a regulatory meeting over the future of Bitcoin and crypto mining in the region. The regulatory meeting happened on June 2, post the government’s call for a heavy crackdown on Bitcoin mining in the country. Two sources familiar with the matter

The Sichuan province of China which is among the top-3 Bitcoin mining hub had a regulatory meeting over the future of Bitcoin and crypto mining in the region. The regulatory meeting happened on June 2, post the government’s call for a heavy crackdown on Bitcoin mining in the country. Two sources familiar with the matter

Bitcoin News
Bitcoin News

Whale Addresses Grow by 50K Last Week, BTC Whales And Miners Continue Their Smart Accumulation

After making an attempt to touch $40,000 yesterday, the Bitcoin (BTC) price is down today by 5% trading under $37,000. Thanks to Elon Musk’s gimmick-playing tweet that suggested the billionaire seeking to part ways with Bitcoin. While Bitcoin seems to be under pressure once again, the whale and the miner activity have taken a turn

After making an attempt to touch $40,000 yesterday, the Bitcoin (BTC) price is down today by 5% trading under $37,000. Thanks to Elon Musk’s gimmick-playing tweet that suggested the billionaire seeking to part ways with Bitcoin. While Bitcoin seems to be under pressure once again, the whale and the miner activity have taken a turn

Bitcoin News
Bitcoin News

Elon Musk is Back at Trolling Bitcoin Again, Market Registers a Slump

Elon Musk, the billionaire entrepreneur is back at what he does the best, tweeting about Bitcoin and trolling the top cryptocurrency despite knowing his tweets often impact the market. Musk today shared a meme which many interpreted as a hint about a possible breakup with the top cryptocurrency. #Bitcoin 💔 pic.twitter.com/lNnEfMdtJf — Elon Musk (@elonmusk)

Elon Musk, the billionaire entrepreneur is back at what he does the best, tweeting about Bitcoin and trolling the top cryptocurrency despite knowing his tweets often impact the market. Musk today shared a meme which many interpreted as a hint about a possible breakup with the top cryptocurrency. #Bitcoin 💔 pic.twitter.com/lNnEfMdtJf — Elon Musk (@elonmusk)

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Bitcoin Price Forecast: BTC bleeds after rejection $39,000

This week, Bitcoin price staged another recovery mission, extending the gains from support at $33,000 to highs around $39,000. Investors anticipated a break above $40,000, but the rejection has led to an ongoing retreat. The pioneer cryptocurrency trades at $37,800 while holding dearly to the 100 Simple Moving Average (SMA). It is almost certain that

This week, Bitcoin price staged another recovery mission, extending the gains from support at $33,000 to highs around $39,000. Investors anticipated a break above $40,000, but the rejection has led to an ongoing retreat. The pioneer cryptocurrency trades at $37,800 while holding dearly to the 100 Simple Moving Average (SMA). It is almost certain that

Bitcoin News
Bitcoin News

Miami Mayor reveals he holds BTC and ETH, but did he buy the dip?

Francis Suarez, the Mayor of Miami city revealed he holds Bitcoin and Ether on his portfolio during his recent appearance on Squawk Box, CNBC. Suarez is a known Bitcoin advocate and is working to bring positive Bitcoin and crypto regulation to Miami. Some of the most promising proposals include making Miami the Bitcoin clean mining

Francis Suarez, the Mayor of Miami city revealed he holds Bitcoin and Ether on his portfolio during his recent appearance on Squawk Box, CNBC. Suarez is a known Bitcoin advocate and is working to bring positive Bitcoin and crypto regulation to Miami. Some of the most promising proposals include making Miami the Bitcoin clean mining

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Bitcoin Miners Start Accumulating Again, Can the Bullish Sentiment Push BTC Past $40K?

Bitcoin miners have started to accumulate BTC again as the hashrate of the bitcoin network rebounds to new highs. Miner accumulation is seen as a bullish sentiment and indicates the price could see an uptrend. The declining rate of miners sending their Bitcoin holding to exchanges comes at a crucial time when the top cryptocurrency

Bitcoin miners have started to accumulate BTC again as the hashrate of the bitcoin network rebounds to new highs. Miner accumulation is seen as a bullish sentiment and indicates the price could see an uptrend. The declining rate of miners sending their Bitcoin holding to exchanges comes at a crucial time when the top cryptocurrency

Grayscale-Ethereum-Trust-ETHE
Bitcoin News
Grayscale-Ethereum-Trust-ETHE
Bitcoin News

Grayscale Bitcoin Trust Zero Inflow Suggest Institutions are Looking for Regulated Alternatives

Grayscale, the world’s leading crypto asset manager has seen zero inflow into its premiere Bitcoin product since late February when the premium turned negative. The Grayscale Bitcoin Trust (GBTC) was one of the most sought-after institutional Bitcoin investment products in absence of any better-regulated alternatives, and the high demand for these often led to a

Grayscale, the world’s leading crypto asset manager has seen zero inflow into its premiere Bitcoin product since late February when the premium turned negative. The Grayscale Bitcoin Trust (GBTC) was one of the most sought-after institutional Bitcoin investment products in absence of any better-regulated alternatives, and the high demand for these often led to a

News
News

Crypto Firms in UK Fail to Comply by New AML Guidelines, FCA Extends Deadline

The chief financial regulatory body of the United Kingdom revealed a majority of the crypto companies operating in the country have failed to comply with the latest set of anti-money laundering regulations issued by the government. The new regulatory policy set by the Financial Conduct Authority (FCA) would only offer operating licenses to those crypto

The chief financial regulatory body of the United Kingdom revealed a majority of the crypto companies operating in the country have failed to comply with the latest set of anti-money laundering regulations issued by the government. The new regulatory policy set by the Financial Conduct Authority (FCA) would only offer operating licenses to those crypto

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Bitcoin Price Prediction: BTC signals freefall to $27,000; here are the levels to watch

Bitcoin is relatively in a no-trade zone at the time of writing. The sideways trading has seen the cryptocurrency dance around $37,000 for several days. Price actions toward $40,000 have diminished, while the immediate support at $36,000 appears vigorously defended. Meanwhile, it is vivid enough to see the formation of a pennant pattern. This is

Bitcoin is relatively in a no-trade zone at the time of writing. The sideways trading has seen the cryptocurrency dance around $37,000 for several days. Price actions toward $40,000 have diminished, while the immediate support at $36,000 appears vigorously defended. Meanwhile, it is vivid enough to see the formation of a pennant pattern. This is

Bitcoin News
Bitcoin News

Guggenheim Partner Files For a New Investment Fund With Bitcoin Exposure

Guggenheim Partner, a global investment and financial advisory firm has filed with the SEC for a new investment fund called the Guggenheim Active Allocation Fund. The fund seeks to gain Bitcoin and cryptocurrency exposure via investment in different Bitcoin-based investment vehicles as well as direct purchases. The official SEC filing read, “The fund may seek

Guggenheim Partner, a global investment and financial advisory firm has filed with the SEC for a new investment fund called the Guggenheim Active Allocation Fund. The fund seeks to gain Bitcoin and cryptocurrency exposure via investment in different Bitcoin-based investment vehicles as well as direct purchases. The official SEC filing read, “The fund may seek

Bitcoin News
Bitcoin News

Retail Bitcoin Holders with Balance 0.01-0.1 BTC Reaches New High

Retail Bitcoin investors seem to be making the most of the buying opportunity that the recent dip has brought, as the number of wallets holding a balance of 0.01 – 0.1 BTC has reached a new all-time high. Bitcoin price registered its biggest correction this bull season with a price retraction of 50% from the

Retail Bitcoin investors seem to be making the most of the buying opportunity that the recent dip has brought, as the number of wallets holding a balance of 0.01 – 0.1 BTC has reached a new all-time high. Bitcoin price registered its biggest correction this bull season with a price retraction of 50% from the

ethereum bitcoin supply schedule fight
Bitcoin News
ethereum bitcoin supply schedule fight
Bitcoin News

Wisdom Tree Launches Physically Backed Bitcoin and Ether ETP

WisdomTree Investments, a New York-based exchange-traded fund (ETF), and exchange-traded product(ETP) sponsor has launched two cryptos ETPs in the form of physically-backed Bitcoin and Ether ETPs. The two cryptos ETPs were launched on Euronext exchanges. Jason Guthrie, Head of Digital Assets, Europe, WisdomTree, says: “Listing on Euronext opens up more access points for investors to

WisdomTree Investments, a New York-based exchange-traded fund (ETF), and exchange-traded product(ETP) sponsor has launched two cryptos ETPs in the form of physically-backed Bitcoin and Ether ETPs. The two cryptos ETPs were launched on Euronext exchanges. Jason Guthrie, Head of Digital Assets, Europe, WisdomTree, says: “Listing on Euronext opens up more access points for investors to

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Bitcoin Whale Who Dumped at Price Top is Buying the Dip Now

Bitcoin whales have started accumulating again and one particular whale that dumped a major share at the near-perfect top was seen buying again. Whales buying and selling is seen as a major market sentiment indicator as these whales often dump on market in anticipation of a price crash and start buying when they believe the

Bitcoin whales have started accumulating again and one particular whale that dumped a major share at the near-perfect top was seen buying again. Whales buying and selling is seen as a major market sentiment indicator as these whales often dump on market in anticipation of a price crash and start buying when they believe the

polkadot bullish waves
Bitcoin News
polkadot bullish waves
Bitcoin News

Bitcoin (BTC) Bulls and Bears Engage In Close Battle. Who Shall Win It from Here?

After leaning under $35,000, Bitcoin (BTC) is trading 6% up today at $36,858 while participating in the overall crypto market recovery. It a close battle between the Bitcoin (BTC) bulls and the bears and either of the two will gain dominance in a short time. To understand this, let’s take a look at some of

After leaning under $35,000, Bitcoin (BTC) is trading 6% up today at $36,858 while participating in the overall crypto market recovery. It a close battle between the Bitcoin (BTC) bulls and the bears and either of the two will gain dominance in a short time. To understand this, let’s take a look at some of

Bitcoin-mining-selling
Bitcoin News
Bitcoin-mining-selling
Bitcoin News

Bitcoin Mining Booms in Argentina in the Wake of Growing Hyperinflation

Argentina is increasingly becoming the choice of Bitcoin miners because of the availability of cheap subsidized commercial electricity and controlled foreign exchange limit which help miners to make significant profits on Bitcoin mining. At a time when hyperinflation has forced citizens to look for a better alternative and a limit of $200 for currency conversion,

Argentina is increasingly becoming the choice of Bitcoin miners because of the availability of cheap subsidized commercial electricity and controlled foreign exchange limit which help miners to make significant profits on Bitcoin mining. At a time when hyperinflation has forced citizens to look for a better alternative and a limit of $200 for currency conversion,

Bitcoin News
Bitcoin News

As Bitcoin (BTC) Price Flirts Around $36,000, Whale Accumulation Continues

On the weekly chart, Bitcoin (BTC) is trading almost on a flat note at around $36,000. After facing rejection at $40,000 last week, Bitcoin has entered consolidation. At press time, BTC is trading at a price of $35,808 with a market cap of $670 billion. However, there’s been a small uptick in the holdings by

On the weekly chart, Bitcoin (BTC) is trading almost on a flat note at around $36,000. After facing rejection at $40,000 last week, Bitcoin has entered consolidation. At press time, BTC is trading at a price of $35,808 with a market cap of $670 billion. However, there’s been a small uptick in the holdings by

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Bitcoin Spot Volumes on Decline, Is Bottom Near?

Bitcoin price dipped below $35,000 today currently trading at $34,135 with a 7% price decline over the last year. The price of top cryptocurrency is currently moving between $30k-$40k after the recent market correction, however, on-chain data indicate that Bitcoin price might be nearing its bottom as traders gear up for another bull rally. The

Bitcoin price dipped below $35,000 today currently trading at $34,135 with a 7% price decline over the last year. The price of top cryptocurrency is currently moving between $30k-$40k after the recent market correction, however, on-chain data indicate that Bitcoin price might be nearing its bottom as traders gear up for another bull rally. The

bitcoin-exchange-miners
Bitcoin News
bitcoin-exchange-miners
Bitcoin News

Miners From Inner Mongolia and Sichuan Selling Their Mining Machines Amid Growing Crackdown

China’s largest online second-hand market place Xianyu has registered a surge in Bitcoin mining machine listing over the past few days especially from Inner Mongolia and Sichuan regions, the two most prolific Bitcoin mining hubs. The significant increase in the sale of second-hand Bitcoin mining machines comes amid growing crackdowns on mining operations in China.

China’s largest online second-hand market place Xianyu has registered a surge in Bitcoin mining machine listing over the past few days especially from Inner Mongolia and Sichuan regions, the two most prolific Bitcoin mining hubs. The significant increase in the sale of second-hand Bitcoin mining machines comes amid growing crackdowns on mining operations in China.

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Bitcoin (BTC) Wipes Out Weekly Gains With 9% Fall As BoJ Governor Casts Doubt On the Crypto

After showing some good momentum northwards over the last week, Bitcoin (BTC) is down today by 9% wiping out all its weekly gains. Over the last week, central banking authorities have been attacking Bitcoin for its recent volatility and the latest to join is Bank of Japan Governor Haruhiko Kuroda. During an interview with Bloomberg,

After showing some good momentum northwards over the last week, Bitcoin (BTC) is down today by 9% wiping out all its weekly gains. Over the last week, central banking authorities have been attacking Bitcoin for its recent volatility and the latest to join is Bank of Japan Governor Haruhiko Kuroda. During an interview with Bloomberg,

Bitcoin News
Bitcoin News

Cryptocurrencies Will Soon Get A Legal Status In India: HDFC Report

India’s largest banking institution – HDFC Bank – has recently published a report wherein it states that it’s just a matter of time when Indian investors will have legal access to digital currencies. The banking giant recently published a report dubbed “Cryptocurrencies: Fad or Forever?”, the bank’s treasury team led by chief economist Abheek Barua

India’s largest banking institution – HDFC Bank – has recently published a report wherein it states that it’s just a matter of time when Indian investors will have legal access to digital currencies. The banking giant recently published a report dubbed “Cryptocurrencies: Fad or Forever?”, the bank’s treasury team led by chief economist Abheek Barua