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Tag Archives: BTC

Bitcoin Becomes Best Performing Asset in 2023 as BTC Consolidates Above $30K

Popular coin Bitcoin is up 80% in 2023 and is by far the year’s best-performing asset compared to gold and others. Bitcoin (BTC) bears might be flush with some humiliation as the leading crypto becomes the best-performing asset in 2023. Once again, BTC lived up to its billing as the leading digital asset, with bulls consolidating their ranks in the price tug-of-war. However, positive signs suggest that the world’s largest crypto by market cap is on an upward trajectory. Furthermore,...

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The geography of bitcoin-friendly banks

Wo sind krypto-freundliche Banken? Coincub setzt sich in seiner Studie damit auseinander und klärt was „krypto-freundlich“ bedeutet. What defines a crypto-friendly bank? Legions of SEO-optimized websites tend to agree that a crypto-friendly bank is one that lets customers make large transfers to any exchange they want without asking any inconvenient questions. The really crypto-friendly banks will allow customers to purchase crypto on credit. Most...

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Google-Suchanfragen für Bitcoin sind in den letzten Wochen um 41% gestiegen

Google-Suchanfragen für "bitcoin" sind in den letzten Wochen um 41% gestiegen (Weltweit) Wer Google Trends zum Keyword Bitcoin aktiviert hat, erhiet nun auch diese positive Meldung: Google-Suchanfragen für bitcoin sind in den letzten Wochen um 41% gestiegen. Aber was ist Google Trends? Ein zimelich nutzenstiftendes Tool: Google Trends ist ein kostenloses Tool, das von Google entwickelt wurde, um Benutzern zu helfen, herauszufinden, wie oft bestimmte...

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Ethereum Breaches $2,100 Following Shapella Upgrade

Gemini co-founder Cameron Winklevoss commented on the upgrade, calling it “an incredible milestone” for Ethereum.  Ethereum has breached the $2,000 barrier on the heels of the Shapella upgrade, the first major network upgrade since 2022’s Merge. The second-largest cryptocurrency is currently trading at $2,114, up 6.71% on the day and 13.96% over 7 days, outperforming Bitcoin which is up 2% over the past 24 hours and is now changing hands at $30,839. The Shapella upgrade, a portmanteau...

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Bitcoin Futures Index to Debut in Argentina in May

A Bitcoin futures index in Argentina is a huge relief as the country is currently struggling with high inflation. CNV, The securities regulator in Argentina, has approved a Bitcoin futures index on a local exchange. Following the approval, the Bitcoin futures index will launch in Argentina in May on Matba Rofex. The exchange got the green light to roll out the Bitcoin futures next month, boasting as the first Latin American exchange to onboard such a product. Authorizing the Bitcoin-based...

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Former JPMorgan Executive Accused of Conducting Crypto Fraud

As per the Department of Justice, the executive took investors money saying that he would invest in high-yielding altcoins but actually used the money for his personal benefits. On Tuesday, April 11, the US Justice Department announced that a former investment banker who served at JPMorgan and the Deutsche Bank will face up to 20 years of jail term for allegedly committing crypto fraud. The DOJ arrested Rashawn Russell, 27, the registered broker, and shall be arraigned soon in the New...

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Lightspark Announces New Bitcoin Lightning Platform for Businesses

Some of the major features of the lightning network by Lightspark are its security and reliability. It presents itself as a secure infrastructure for enterprise-grade payments. Bitcoin tech infrastructure company Lightspark has unveiled a lightning platform for businesses. Lightspark was created in 2022 to power payments on the lightning network and has been quiet since its introduction last year. The company was developed to “explore, build and extend the capabilities and utility of...

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Crypto Stocks See Second Day of Significant Gains with Marathon Digital and Riot Platforms Leading Pack

Leading digital asset Bitcoin hit $30K for the first time in almost a year amid prevalent gains in crypto stocks. Crypto stocks are rising, with players Marathon Digital Holdings (NASDAQ: MARA) and Riot Platforms (NASDAQ: RIOT) leading gains. The duo is trading up at 11% and 15%, respectively, with prominent coin Bitcoin (BTC) also changing hands at $30K. As it stands, BTC price is up by more than 80% so far this year. Besides MARA and RIOT, other smaller crypto stocks also experienced...

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Bitcoin Price Analysis: BTC Rally Loses Steam Above $30K

Bitcoin price started a fresh increase above the $28,000 zone against the US Dollar. The price is now trading above $28,000 and the 55 simple moving average (4 hours). There was a break above a major contracting triangle with resistance near $28,400 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $29,000 support zone. Bitcoin price is showing positive signs above $28,000 against the US Dollar. BTC...

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Bitmain Fined About $3.7 Million for Tax Violations in China

The Chinese tax authority claim Bitmain was issued with a tax violations notice in August last year but has withheld paying individual tax income of about $2.4 million. Bitmain Technologies Ltd., a Beijing-based company that is well known for designing application-specific integrated circuit (ASIC) chips used in Bitcoin mining, has reportedly been fined approximately 25 million Chinese yuan, equal to about $3.7 million, for allegedly failing to pay personal income taxes in China....

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