Bitcoin (BTC)

Experts now suggest that bitcoin may have reached a local bottom and will gradually recover over the coming months. BitMEX founder Arthur Hayes, for one, noted that the leading cryptocurrency might see a surge in value if, as he predicts, liquidity increases in the economy next week due to Janet Yellen’s policies. Bitcoin May Have Hit a Local Bottom In his latest blog post, Hayes said bitcoin’s latest slump has “played out” as he anticipated, attributing it to various factors...

Bitcoin’s price went on quite the wild ride throughout the past seven days. The cryptocurrency is down 4.2% during that period but this summary doesn’t do the action any justice, so let’s dive in. The market was fairly calm in the beginning of the week, trading at around $64K with little signs of significant volatility. Things started going downhill after April 30th, however. It was then BTC took a massive hit, dropping toward $60K, sending many investors in panic. The next...

Ripple’s price has been consolidating on against USDT and BTC, following a significant decline. Yet, things might be about to change for the better soon. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, XRP has recently rebounded from the $0.4 support level and has also broken back above the $0.5 zone. Yet, the market is currently retesting the $0.5 level. If it holds, the price will likely rally toward the $0.6 resistance zone and the 200-day moving...

CoinspeakerSpot Bitcoin ETFs Sees 7th Consecutive Day of Outflow Streak Bitcoin ETFs in the US saw $34.4 million net outflow on May 2nd, a significant drop from the previous day's record $563.7 million. Interestingly, BlackRock and Fidelity's Bitcoin ETFs, ranking 2nd and 3rd in terms of total net assets, saw zero net flows on Thursday Spot Bitcoin ETFs Sees 7th Consecutive Day of Outflow Streak

CoinspeakerAustralian Regulator Secures First Victory in Non-Cash Payment Case Involving Crypto The Australian Securities & Investments Commission (ASIC) has reached a significant legal milestone in a case concerning non-cash crypto payments. Australian Regulator Secures First Victory in Non-Cash Payment Case Involving Crypto

CoinspeakerUS Senators and Lawmakers Have No Issue with Crypto Privacy, Says Railgun Researcher Railgun researchers said that US regulators and prosecutors haven't unleashed a crusade against crypto privacy protocols and were largely positive and genuinely interested in understanding developments in the broader crypto market. US Senators and Lawmakers Have No Issue with Crypto Privacy, Says Railgun Researcher

Rencontre à Valence organisée par Valence Bitcoin Meetup. Où ? – Au VEX, 811 All. André Revol, 26500 Bourg-lès-Valence Quand ? – Vendredi 3 mai 2024 à partir de 18h30 En savoir plus : https://twitter.com/valencebtc – https://t.me/valencebtc

Bitcoin started its journey on the market as a store-of-value asset whose main features included decentralization and trustless models. As Bitcoin’s value increased rapidly in the past years, discussions about global adoption got more serious, even for governments, so we can expect the cryptocurrency to become the new worldwide legal tender at some point in the future.  However, since the digital environment is continuously developing, it’s no wonder that Bitcoin...

CoinspeakerFormer FTX Executive Surrenders $5.9M Bahamas Property in Plea Deal In a significant development within the bankruptcy proceedings involving the defunct exchange FTX and its debtors, Ryan Salame, former co-chief executive of the company, has agreed to forfeit his $5.9 million Bahamas property as part of a plea deal in a criminal case. Former FTX Executive Surrenders $5.9M Bahamas Property in Plea Deal

CoinspeakerThai Police Cracks Down on Illegal Bitcoin Mining, Seizes $2.5M Worth of Equipment In their latest crackdown, the Thai police recovered 690 units used for Bitcoin mining machines vaued at 2.54 million SGD. The police is also conducting raids at multiple locations. Thai Police Cracks Down on Illegal Bitcoin Mining, Seizes $2.5M Worth of Equipment