Tag Archives: Bitcoin News

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Michigan has become a state where crypto fraud runs rampant, and the region’s attorney general Dana Nessel is warning citizens about what they can do to ensure they never fall victim to digital currency scammers or fraud. Dana Nessel on How to Avoid Crypto Fraud In a statement, Nessel said older adults are...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Rajeev Chandrasekhar – the minister of state for IT and electronics – said crypto could present a “legitimate case of macroeconomic risks,” in a recent report. He also said that a world without crypto regulation is a dangerous one. Rajeev Chandrasekhar on Crypto in India Chandrasekhar commented: It is a very...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Michael Saylor – the man behind software giant MicroStrategy and a major crypto bull – has paid off a $200 million+ loan obtained from the now failed crypto bank Silvergate and has purchased even more bitcoin units, thus bringing the company’s total BTC holdings to nearly $4 billion. Michael Saylor Won’t Give...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Assets like bitcoin and Ethereum have soared in recent weeks, and the sudden bull run is causing many big financial players – such as Fidelity and BlackRock – to increase their stakes in the crypto space and try to do more with digital tokens. Bitcoin Could Give Rise to Further Tokenization The bull run has...

Not long ago, South Dakota Governor Kristi Noem vetoed a bill that would have paved the way for crypto regulation in her state. It was recently announced that the House of South Dakota has failed to override the veto, and thus digital currency legislation will not be making its way into the state anytime soon. Kristi Noem Is Getting Her Way The bill had initially passed through the legislative branch, though it failed to hold any ground after Noem initiated the veto. The...

Amid the unfolding banking crisis and interest rate hikes, Bitcoin has been showing strong resilience attempting another breakout above $30,000. On Wednesday, May 3, the US Federal Reserve announced another 25 basis points rate hike taking the US funds rate to more than 5% for the first time since 2007. In hours after the Fed announced the rate hike, Bitcoin (BTC) made a quick surge of more than 2% taking the price above $29,000. This Bitcoin price surge amid the recovery in the broader...

The reason behind the exchange’s decision is not clear. According to those familiar with the matter, closing the service is not linked to the scrutiny from SEC which has alleged that Coinbase was offering and trading unregistered securities, thereby violating federal securities laws.  Crypto exchange Coinbase Inc (NASDAQ: COIN) has announced its decision to stop issuing loans through its Coinbase Borrow service where Bitcoin (BTC) has been serving as collateral. Starting from May 10,...

Now that 2023 has arrived, bitcoin has found fresh ground following the ongoing banking crisis that has led to the closure of institutions like Silvergate, Silicon Valley Bank, and Signature. Bitcoin Could Do Even Better Many analysts and crypto industry heads believe this banking crisis is going to continue now that Deutsche Bank is at the helm of controversy, and with heavy regulatory issues in play, bitcoin – they believe – could be poised for a solid breakout in the...

A new platform known as DWP Bank in Europe has been unveiled. Its purpose? To give roughly 1,200 banks in Germany access to bitcoin and digital currencies. Germany and Crypto Will Soon Go Hand in Hand The banking crisis that’s affecting America at the time of writing is not just happening in the U.S. it’s spread 3,000 miles across the Atlantic and is also causing problems for Europe. Look, for example, at Credit Suisse. The enterprise was in serious trouble until UBS...

Bitcoin price started a fresh decline from the $30,000 zone against the US Dollar. The price is now trading below $29,500 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $29,200 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline toward the $27,000 and $26,000 levels. Bitcoin price is declining below $29,500 against the US Dollar. BTC might extend losses if it...