Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin has been closely correlated with stock indexes, in particular the Nasdaq, which rose on Wednesday after the U.S. Federal Reserve hiked interest rates by 0.75 percentage point. That's one reason why bitcoin rose slightly on Thursday.
STR...
Bitcoin News / Google News Bitcoin - 2 years ago
El Salvador has invested heavily in bitcoin and related infrastructure in a bold plan to build its economy around the cryptocurrency, but now its value has plummeted
Technology | Analysis 16 June 2022
By Luke Taylor
A bitcoin sign in the window...
Bitcoin News / Google News Bitcoin - 2 years ago
The Federal Reserve of the United States increased interest rates by 0.75 percent on Thursday, the single biggest increase in three decades. However, the central bank has indicated that additional increases are forthcoming later this year.
Bitcoin f...
Bitcoin News / Google News Bitcoin - 2 years ago
Key Insights:
Bitcoin miners sent a record 88,000 BTC to exchanges on Wednesday.
Mining profitability has slumped 80% since the November market peak.
A final capitulation could occur when miners offload these assets.
Bitcoin miners are an es...
Bitcoin News / Google News Bitcoin - 2 years ago
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Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin has encountered significant volatility lately, falling more than 70% from its all-time high. ... [+]
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Bitcoin prices have suffered some turbulence lately, repeatedly approaching $20,000 and falling to some of their lowest values si...
Bitcoin News / Google News Bitcoin - 2 years ago
Software company MicroStrategy has not received a margin call against its loan from crypto-focused bank Silvergate, Reuters reported on Wednesday.
Valerie Plesch | Bloomberg | Getty Images
Aggressive bitcoin investor and American software firm...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin and and other cryptocurrencies are in free fall.
Dan Kitwood | Getty Images
The sell-off in cryptocurrencies deepened even further on Wednesday, with bitcoin sinking very close to the key level of $20,000.
Bitcoin plunged as much as 1...
Bitcoin News / Google News Bitcoin - 2 years ago
London CNN Business —
Bitcoin continues to tumble this week to trade just above $20,000 on Wednesday as the cryptocurrency sell-off shows little sign of abating.
The world’s most valuable cryptocurrency has fallen about 15% since Monday, and by ne...
Bitcoin News / Google News Bitcoin - 2 years ago
Michael Saylor, chairman and chief executive officer of MicroStrategy, first got into bitcoin in 2020, when he decided to start adding the cryptocurrency to MicroStrategy's balance sheet as part of an unorthodox treasury management strategy.
Eva...
Bitcoin News / Google News Bitcoin - 2 years ago
London CNN Business —
Bitcoin and other cryptocurrencies continued to slide Tuesday as investors bailed out of risky assets in anticipation of sharp rises in interest rates to tackle inflation.
Nerves remain raw after two of the world’s biggest cr...
Bitcoin News / Google News Bitcoin - 2 years ago
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Lisa Ellis, MoffettNathanson senior equity analyst, and Nic Carter, Castle Island Ventures, joins 'TechCheck' to discuss how you gauge whe...
Bitcoin News / Google News Bitcoin - 2 years ago
By Zoe KleinmanTechnology editor
Image source, Getty Images
The first rule of writing about Bitcoin is: don't write about Bitcoin.
The story of the world's best known cryptocurrency is astonishingly fast-moving and its fans will so...
Bitcoin News / Google News Bitcoin - 2 years ago
The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021.
Shannon Stapleton | Reuters
Coinbase shares closed down...
Bitcoin News / Google News Bitcoin - 2 years ago
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FM trader Brian Kelly on bitcoin and ethereum tanking. With CNBC's Brian Sullivan and the Fast Money traders, Tim Seymour, Dan Nathan, Gu...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin offices in Istanbul, Turkey, on May 11, 2022.
Umit Turhan Coskun/NurPhoto via Getty Images
CNBC's Jim Cramer called bitcoin's collapse Crypto Monday, in what he fears is Day 1 of a reckoning in the digital currency market.
In speaking...
Bitcoin News / Google News Bitcoin - 2 years ago
The logo of cryptocurrency platform BlockFi.
Budrul Chukrut | SOPA Images | LightRocket via Getty Images
Crypto lender BlockFi is cutting around 20% of its staff as the company reckons with a dramatic downturn in digital currencies and heighte...
Bitcoin News / Google News Bitcoin - 2 years ago
Another week. Another conference. Another dose of “wow – Bitcoin sure is cool.” The end of this past week was dominated by CoinDesk’s Consensus Festival, where around 17,000 people descended on Austin, the world’s hottest city (as far as I’m concer...
Bitcoin News / Google News Bitcoin - 2 years ago
Key Takeaways
Edward Snowden has said that he is "very much a fan" of Bitcoin, but he thinks that its lack of privacy could mean it fails in the long term.
The American whistleblower said that there are multiple crypto assets that can be thought o...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin (BTC) ATM installations have marked a new comeback as June 2022 saw the reversal of the five-month-long downward trajectory for the first time this year.
The global ATM installations worldwide fell consistently throughout the year, with May...
Bitcoin News / Google News Bitcoin - 2 years ago
The $1.19 trillion crypto economy is now lower in value than the lows recorded in July 2021. During the last week, digital currencies like bitcoin, ethereum, caradano, and xrp, have shed significant value against the U.S. dollar, as the top cry...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin Foundation Founder: ‘Happy’ About Jack Dorsey’s Bitcoin Actions
Jun 11, 2022
Charlie Shrem, UntoldStories.com host and Bitcoin Foundation founder, discusses his outlook for bitcoin, along with his thoughts on Jack Dorsey’s plans for “Web5....