Bitcoin News / Google News Bitcoin - 2 years ago
Canada-based investment firm Cypherpunk Holdings (HODL) has dumped all of its bitcoin and ether holdings to ride out the current market risks.
The company sold 205.8209 ether (ETH), the native token of Ethereum, for C$293,000 ($227,000) and 214.7...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin has crashed in value by more than 50 per cent in the past six months, but holders of the cryptocurrency are used to volatility. Here we look at how the FT covered bitcoin’s previous booms and busts to see if history is repeating itself.
T...
Bitcoin News / Google News Bitcoin - 2 years ago
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Bitcoin is trading at less than one-third its all-time high from November 2021.
Dreamstime
Bitcoin and other cryptocurrencies were slipping Monday. They still remained firmly above the depths reached amid a deep selloff over th...
Bitcoin News / Google News Bitcoin - 2 years ago
Ever since early Bitcoin (BTC) investors woke up millionaires as the ecosystem gained tremendous popularity alongside the mainstreaming of the internet, investors across the globe have been in the rush to accumulate as many of the 21 million BTC — o...
Bitcoin News / Google News Bitcoin - 2 years ago
Various prominent Bitcoin experts, including Adam Back, Jimmy Song and Andreas Antonopoulos, have raised some concerns over the implementation of restrictive covenants, in particular with the BIP119.
In particular, Antonopoulos has voiced concerns o...
Bitcoin News / Google News Bitcoin - 2 years ago
A bystander uses a Bitcoin ATM in San Salvador, El Salvador, on May 16, 2022.
Alex Pena | Anadolu Agency | Getty Images
El Salvador bet its economic salvation on bitcoin, but so far the gamble isn't paying off like President Nayib Bukele hoped...
Bitcoin News / Google News Bitcoin - 2 years ago
A bystander uses a Bitcoin ATM in San Salvador, El Salvador, on May 16, 2022.
Alex Pena | Anadolu Agency | Getty Images
El Salvador bet its economic salvation on bitcoin, but so far the gamble isn't paying off like President Nayib Bukele hoped...
Bitcoin News / Google News Bitcoin - 2 years ago
The price of Bitcoin BTC is down 55.55% year-to-date and that has led to the speculation that it is dead and its price will never recover. In the past year, it has fluctuated between a high of $68,789 and a low of $17,708, supporting its extreme vo...
Bitcoin News / Google News Bitcoin - 2 years ago
ETH moved into the $1,200 region to start the weekend, as prices rose for a third consecutive session. Bullish sentiment has been missing from crypto markets in recent months, however the timely return also saw BTC near its highest point this w...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin BTC and cryptocurrencies have been rocked by a huge $2 trillion crash this year—though it could reveal the future "Amazons and eBays."
Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the volatile bit...
Bitcoin News / Google News Bitcoin - 2 years ago
While the price of bitcoin is holding above the $21K per unit range, four bitcoin block rewards mined in 2010 were spent for the first time in over 11 years. The four block rewards were mined between September and October 2010 and the 200 bitco...
Bitcoin News / Google News Bitcoin - 2 years ago
The amount of electricity consumed by the largest cryptocurrency networks has decreased by up to 50% as the “crypto winter” continues to eat at the incomes of “miners” and financial contagion spreads further throughout the sector.
The electricity co...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin (BTC) miners may have already sparked a “capitulation event,” fresh analysis has concluded.
In an update on June 24, Julio Moreno, senior analyst at on-chain data firm CryptoQuant, hinted that the BTC price bottom could now be due.
BTC price...
Bitcoin News / Google News Bitcoin - 2 years ago
A Chinese state-run newspaper has published an article warning about bitcoin’s price falling to zero amid the crypto market sell-off. Meanwhile, financial regulators in Shenzhen have issued a new warning about cryptocurrency.
State-Run Newspape...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin investor Tim Draper believes the cryptocurrency is primed for an epic turnaround. His billionaire status depends on it.
Roger Kisby/redux
Venture capitalist Tim Draper thinks cryptocurrency is going to go up more than 10-fold by the end...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin (BTC) held steady near $21,000 on Friday afternoon.
The largest cryptocurrency by market capitalization was recently trading at $21,030, up 3% over the past 24 hours. This weekend, however, could pose another test for bitcoin, analysts sa...
Bitcoin News / Google News Bitcoin - 2 years ago
The last six odd months have seen the cryptocurrency market witness an unparalleled amount of financial volatility, so much so that the total capitalization of this fast-maturing space has dropped from $3 trillion to approximately $1 trillion. This...
Bitcoin News / Google News Bitcoin - 2 years ago
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The leading virtual currency exchange, Bitcoin of America, announced its return to BTC 2022 in Miami. The company made headline last year for promoting females in a male dominant industry. Once again, Bitcoin of America made a splash...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin could stay below its historical high of $69,000 for the next two years after the latest digital asset market rout, according to the chief executive of the world’s largest cryptocurrency exchange.
Changpeng Zhao, founder and chief executive o...
Bitcoin News / Google News Bitcoin - 2 years ago
After slumping to an intraday low of $19,764 on Wednesday, bitcoin has climbed back above $20,000.
The largest cryptocurrency by market capitalization was recently trading at $20,314, down 0.4% over the past 24 hours.
The $20,000 price point re...
Bitcoin News / Google News Bitcoin - 2 years ago
Due to the sharp fall in the price of bitcoin (BTC) in recent weeks, Wall Street firm B. Riley is reducing its price estimates for the digital asset and is also cutting price targets for the digital mining stocks it covers, it said in a report Thur...