Bitcoin clings to $36K as data suggests BTC price sell-off came from short-term holders

Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra down at least $250 million in... Read more »

The Ukraine invasion shows why we need crypto regulation

Shortly after the Russian invasion of Ukraine began, the Ukrainian government tweeted a request for funds in the form of Bitcoin (BTC), Ether (ETH) and Tether (USDT). The total received now stands... Read more »

Any dip buyers left? Bulls are largely absent as the total crypto market cap drops to $1.65T

The total crypto market capitalization has been trading within a descending channel for 24 days and the $1.65 trillion support was retested on May 6. The drop to $1.65 trillion was followed... Read more »

Bitcoin switch to proof-of-stake remains unlikely

Bitcoin (BTC), the original cryptocurrency that started it all and even today continues to drive the market sentiments, has faced numerous challenges along the way. The latest challenge seems to be around... Read more »

Senator’s Financial Freedom Act would ensure Bitcoin can be in your 401(k)

Republican Senator Tommy Tuberville from Alabama has unveiled a new bill he calls the Financial Freedom Act to allow Americans to add cryptocurrency to their 401(k) retirement savings plan unencumbered by regulatory... Read more »

Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020

Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin (BTC) price plummeted to $35,571 on Binance. The widespread weakness comes as... Read more »

Bitcoin celebrates halfway to the halving with new hash rate record

Bitcoin (BTC) marks a milestone mining journey on Thursday, crossing the halfway point on the way to its next halving.  In Block number 735,000, mined at approximately 10:29 UTC, Bitcoin crossed the... Read more »

Bitcoin pushes to $40K, but are bulls strong enough to win Friday’s $735M options expiry?

Bitcoin (BTC) price has been stuck in a falling wedge pattern for the past two months and during this time it has tested the $37,600 support on multiple instances.  Adding to this... Read more »

Crypto community honors world’s first known Bitcoiner

Finney was also the first person to publicly run Bitcoin (BTC), going down in the annals of crypto Twitter history with a famous tweet that often resurfaces. Raise a glass to the... Read more »

Bitcoin funds saw largest single week of outflows since June 2021

Institutional investors shed $133 million worth of Bitcoin (BTC) investment products last week, marking the largest week of outflows since June last year. According to the latest edition of CoinShares’ weekly Digital... Read more »