Bitcoin (BTC)

Die letzten Tage wirkte es, als hätte der Bitcoin einen stabilen Support in der Nähe von 40.000 US-Dollar gefunden. Doch gegen Ende der Arbeitswoche ging deutlich runter – der Kurs verlor in der Spitze fast 15 Prozent. Der gesamte Markt folgte dem BTC-Trend. Bitcoin News: Bitcoin verliert erneut an BodenHeute sind es immerhin noch ungefähr 7 Prozent Kursminus im Wochenvergleich, so dass der Bitcoin aktuell nur noch 36.000 US-Dollar wert ist. Der gesamte Markt verlor in ähnlichen Dimensionen...

American politics has been historically partisan, but crypto may start bringing new changes. As the midterm election is approaching, digital asset firms and organizations are ramping up their lobbying machine, betting heavily on pro-crypto candidates who could potentially bring favorable policies to the industry. The Financial Freedom PAC vows to create an “orange wave” in Washington by 2024. The Orange Wave May Start from Ohio & Oregon In Ohio’s primary election, bitcoin...

After yesterday’s massacre, bitcoin slipped slightly more and dropped to another multi-month low. Most altcoins are in a similar position, with Terra losing the most value on a daily scale. In contrast, TRON, Algorand, and Monero have charted impressive gains. Bitcoin’s Latest Low It’s safe to say that bitcoin has seen better days, which weren’t all that long ago. In fact, the cryptocurrency had spiked toward $40,000 earlier this week, after the latest FOMC meeting, in which...

In a recent interview with the Economic Times, billionaire investor and founder of Bridgewater Associates, Ray Dalio, acknowledged the potential of digital assets, especially Bitcoin, emphasizing their impressive performance over the past decade. Dalio: Bitcoin Still Has Unresolved Issues 72-year-old American investor also noted that Bitcoin’s finite supply makes it similar to other universally accepted inflation hedges such as gold. However, he doesn’t see central banks...

The Gemini exchange in New York is introducing a new credit card that will provide crypto-based rewards to its customers. Gemini Is Establishing a New Crypto Rewards Card Individuals who use the credit card for purchases will earn cash back in crypto. Known as the Gemini Credit Card, the item gives three percent cash back in bitcoin or other forms of crypto to customers using it for dining purposes. They can also get two percent when they use their cards for groceries,...

The first-ever Portuguese real-estate purchase has been settled for Bitcoin – without involving a conversion back to fiat money. Buying a Home With Bitcoin As reported by the local news outlet Idealista, the deal was for a T3 apartment in Braga, costing the buyer exactly 3 Bitcoin. That’s about 102,000 euros, or 108,000 dollars, at current prices. Until last month, purchasing real estate using cryptocurrencies required buyers to first convert their holdings to euros. However,...

Bitcoin has crossed the halfway line of its third halving, which the community sees as a bullish sign for its price since the issuing rate is reduced by 50%. Less Than 105,000 Blocks Away From Next Halving After Block 735,000 was mined on Thursday by Poolin, earning 0.16215354 BTC ($6,402.45) in fees, Bitcoin officially entered the second half of the third halving cycle. This one – like any other in the past or the future – has 210,000 blocks available to be mined, and half...

Is bitcoin still a good hedge against inflation? According to OK Coin CEO Hong Fang, the answer is a resounding “yes.” Hong Fang: Bitcoin Can Still Fight Inflation The argument of bitcoin serving as a hedge against inflation has been going on for years. This argument especially took precedence during the early days of COVID. At the time, everyone was losing their jobs left and right and were being forced to stay home. Businesses were closing, and the economy was in a...

Bitcoin’s price crashed to levels that we last saw on the day that Russia invaded Ukraine. Moreover, the entire market lost over $150 billion of its capitalization as the past 24 hours caused nothing but mayhem in the industry. Bitcoin’s price is down 9% in the past seven days, and it’s currently trading slightly above $36K. This time last week, the cryptocurrency was sitting slightly below $39K, and the week was going relatively well. The price managed to increase towards...

The US Securities and Exchange Commission has approved yet another proposal for a futures Bitcoin ETF. According to the official document, Valkyrie’s XBTO Bitcoin Futures Fund is the latest such product to have secured approval from the SEC. Valkyrie XBTO Bitcoin Futures Fund was first filed in August 2021, and its approval follows that of Teucrium. However, the launch date has not been disclosed yet. Unlike its Canadian, European, and Latin American counterparts, the US...