Bitcoin price falls below $20K for first time since 2020
A brutal day of losses unfolds as Bitcoin crosses under its previous cycle high for the first time in history. Go to Source Powered by WPeMatico
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Kenyan Law Enforcement Agency Arrests Two Students Accused of Using Stolen Funds to Buy BTC
Two Kenyan students accused of hacking credit cards and using the ill-gotten funds to buy bitcoin have been arrested by the Directorate of Criminal Investigations, a statement from the law enforcement agency has said. After converting the cryptocurrency to local currency, the two students would use the fraudulently acquired funds to sustain their lavish lifestyle. … Read more
Price analysis 6/17: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
Bitcoin price struggles to hold support at $20,000, and the outcome of this battle between bulls and bears will determine the next directional move. Go to Source Powered by WPeMatico
US lawmakers urge EPA to consider the potential benefits of crypto mining
“Digital assets, and their related mining activities, are essential to the economic future of the United States,” said the group of 14 lawmakers. Go to Source Powered by WPeMatico
The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9%
During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital currencies. 66 days ago on April 11, 2022, tether’s market valuation was over $82 billion with 82,694,361,442 tethers in circulation. Since then, more than 12 billion tethers have been removed from circulation … Read more
Bitcoin whale support lines up as trader says $14K ‘most bearish’ BTC price target
$20,000 is being keenly watched while big buys from 2020 stand between spot price and the lowest Bitcoin bottom estimates. Go to Source Powered by WPeMatico
Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment
A new bill presented in Brazil is trying to introduce bitcoin and other cryptocurrencies as an approved means of payment in the country. The bill, presented by Federal Deputy Paulo Martins, proposes to amend already existing regulations to include several dispositions that would allow cryptocurrency payments and investments to be officially supported. New Bill Proposes … Read more
Bitcoin, Ethereum Technical Analysis: ETH, BTC Lower as Bearish Momentum Returns on Friday
Following a slight surge in price, bitcoin was trading lower on Friday, as bearish momentum returned to crypto markets. BTC was once again nearing the $20,000 level in today’s session, while ETH fell below $1,100 earlier in the day. Bitcoin BTC moved lower in Friday’s session, as bearish momentum once again reigned supreme in crypto … Read more
GBTC premium hits -34% all-time low as crypto funds ‘puke out’ tokens
Dark days for crypto institutional investors as contagion fears are magnified and asset prices tumble. Go to Source Powered by WPeMatico
BTC price rejects at $23K as US dollar declines from fresh 20-year highs
The Fed rate hike does not offer much relief as a downtrend in stocks resumes, dragging Bitcoin with it. Go to Source Powered by WPeMatico