The correlation between Bitcoin, cryptocoins and most Western stock markets was once again proven as the massive selloff seen in the cryptosphere found a willing compatriot in European markets on Monday which was followed a few hours later by US markets. Bank of America has now warned that the S&P 500’s selloff of last week […]
One man is looking at the Bitcoin price (this morning only around $33k) and is praying more than anyone else that things will change for the better. Michael Saylor is a hero to the Bitcoin community. Recently, at Bitcoin 2022 Miami—the largest Bitcoin event worldwide—Saylor was met by thousands of cheering fans as he instructed the crowd […]
Bitcoin’s genesis block holds the key to its creation. Back in 2009, as the housing crisis and the collapse of global banking giant Lehman Brothers the previous fall urged the anonymous Satoshi Nakamoto to create a form of money that wouldn’t devaluate whenever a central bank decided to print more fiat, he linked Bitcoin’s creation […]
Bitcoin traded as low as $35,000 at a certain point on Friday as crypto markets mostly traded in sync with tech stocks again, which means everything saw major losses. Saturday morning at the time of writing this article, Bitcoin trades at $35,800 and Ether changes hands for $2,600. Worst one-day drop Coins which had gained […]
Bitcoin’s price has taken a big hit following the rate hike by the Fed. The market tumbled just hours after the announcement of the hike, bringing Bitcoin’s price to $36,000, the lowest since January 2022. This was the opposite of what the crypto space expected. The Fed yesterday announced an increase in interest rate by […]
After a long tussle, Binance has finally secured regulatory approval from the French government to operate as a digital asset services provider in the country. French stock market regulator AMF, now recognizes Binance as a digital assets services provider after the top exchange met all the conditions for such approval.https://twitter.com/Blockworks_/status/1521886417504329729?s=20&t=ZJcVKUl44GndCNs3YGtDMwBinance has had a tough time […]
As Bitcoin’s price continues to struggle and stagnate, institutional investors seem to be losing interest in the largest cryptocurrency by market capitalization. A weekly digital asset fund flows report shows that outflow of institutional investments from Bitcoin investment instruments has reached the highest level since June 2021.The report shows that $133 million worth of investment […]
The price of Bitcoin has stagnated for over a week now, fluctuating between $40,000 and $38,000. Some Investors have started to lose interest as a result and many have lost hope of a price rally in the short term. Some analysts have worsened the bearish sentiment by predicting that the price may crash to $36,000 […]
A top luxury gym in New York, Equinox Health Club will start accepting Bitcoin payment, a local report says. The gym is partnering with Bitcoin payment service provider Bitpay to facilitate the payments. This makes the luxury gym the first in the city of New York to accept Bitcoin payment for its services. Equinox is […]
The Solana network stopped processing blocks for nearly 7 hours following an attack on the network’s NFT mining tool, Candy Machine. The attack halted the network starting from Saturday around 4:32 pm till around 11 pm EST on Sunday. https://twitter.com/SolanaStatus/status/1520554250803236867 According to a tweet on the official Solana network Twitter handle, the network lost consensus […]
