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Bitcoin (BTC)

DBS Records 80% Increase in Bitcoin Trading Despite Bear Market: Report

DBS Digital Exchange (DDEx), the crypto trading subsidiary of the Singapore banking giant DBS Group Holdings, witnessed exponential growth in bitcoin trading last year despite the winter that wiped out billions of dollars from the market. According to the report from Bloomberg, the exchange recorded an 80% increase in Bitcoin trade volume compared to the previous year. Despite negative sentiments in the market, the number of BTC in DDEx’s custody doubled as of December 31,...

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El Salvador to Open a Second Bitcoin Embassy, This Time in Texas

Milena Mayorga – ambassador of El Salvador to the United States – said the Salvadoran authorities might open a bitcoin embassy in Texas. The central American nation has already introduced a BTC office in the city of Lugano, Switzerland. The Second BTC Embassy Mayorga held a meeting with Jose “Joe” Esparza (Texas Deputy Secretary of State) to discuss the new initiative, outlining the financial connection between El Salvador and the region: “We discussed the opening of the...

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Bitcoin Reclaims $23,500, Notches $120 Million in Liquidations

Bitcoin soared back above $23,500 on Wednesday, less than one week after losing the support line in response to the regulatory crackdown against an industry giant last week. The event has triggered $120 million in liquidations within the past 24 hours.  Bitcoin began the day trading for roughly $22,000 but began to climb at 11:38 US, reaching $22,800 within 40 minutes.  The cryptocurrency soared again at about 18:24, eventually climbing to a high of $23,348 by 19:30. It...

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Bitcoin Is in Better Shape, but Not Everyone’s Bullish

Bitcoin is experiencing all kinds of small price rises in 2023. Things are starting to look good for the world’s number one digital currency by market cap, especially when compared with how things went in 2022, though there are many experts out there that allege the asset is going to experience further drops before it eventually reaches a price of $200,000, and that figure won’t be hit until 2030. Bitcoin Is Not Pleasing to Everyone Desmond Marshall – managing director...

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Genesis Is Next Crypto Firm to Go Bankrupt

Not long ago, Live Bitcoin News reported that Genesis Global Capital – the lending division of the Digital Currency Group (DCG) – was preparing for bankruptcy. While it looked like the situation was inevitable, it was believed that there was potentially a small chance that the company was going to be able to survive its present ordeal. Sadly, it doesn’t look like that’s going to happen now as the firm has proceeded with its bankruptcy filing. Genesis Files Bankruptcy The...

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Bitcoin NFT Mania: There Are Now More Than 100K Ordinals Inscribed

Ordinals keep making headlines as there are now more than 100,000 inscriptions carried out on Bitcoin’s network. This has had a notable effect on the network state itself and has sparked a massive debate within the community. Inscriptions are Bitcoin’s version of a non-fungible token (NFT), and they have been making strides throughout the past couple of weeks. Multiple high-end sales already took place within the range of the first 1,000 inscriptions, with Ordinal Punks...

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Opinion: The Biden Classified Docs Mess Is Another Example of His Crypto Hypocrisy

Biden has just provided crypto traders with another searing example of his hypocrisy. The example comes in the form of the dozens of classified documents that have been discovered in his house and personal properties. Biden Shows Just How Two-Faced He Is Towards Crypto Traders Every week, it seems like the Department of Justice (DOJ) or lawyers working with Biden discover new documents at his Delaware residence or in other properties. Some of them date back to his days...

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Bitcoin-Bullrun: die 800-Tage Regel

Die Bitcoin 800-Tage Regel ist genau genommen keine Regel, sondern eine ziemlich steile These des Twitter Users TAnalyst. Und gemäss seiner Recherche soll angeblich 800 Tage nach einem Allzeitoch des Bitocin-Preises ein neuer Bullrun beginnen. #BITCOIN BULL RUN BEGINS. Bull Runs occur 800 days after each peak. pic.twitter.com/HbgTfXgGZu — TAnalyst (@AurelienOhayon) February 14, 2023 Was ist ein Bullrun? Ein Bullrun ist ein Aufwärtstrend an...

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