Bitcoin rebounds to $56K as Dogecoin price halts at 420% weekly gains
Bitcoin benefits from an adoption boost by Venmo, while “Dogecoin Day” so far produces little in terms of fresh price upside for DOGE. Go to Source Powered by WPeMatico
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Peak fear? Bitcoin funding rates crash to lowest levels in 7 months
The funding rate of Bitcoin dropped to a level unseen since September 2020, signaling fear in the market. Go to Source Powered by WPeMatico
Bitcoin Hashrate Drops Over 45%, Xinjiang Grid Blackouts Blamed, BTC Price Slides 10%
Since April 15, the Bitcoin network hashrate has dropped more than 49% after touching an all-time high at 218 exahash per second. Regional reports noted that in China the Xinjiang grid is having blackouts and “safety inspections.” Reports Claim Blackouts in Xinjiang, China Have Pushed Bitcoin’s Hashrate Down 49% At the time of writing, the … Read more
Bitcoin dips under $60,000 — What’s pulling down BTC price?
The price of Bitcoin suddenly dropped below $60,000 days after the Coinbase public listing. Go to Source Powered by WPeMatico
Bitcoin caught in the crossfire as Turkish opposition leader voices support
A blanket ban on crypto, Bitcoin is now also a talking point for Turkey’s politicians. Go to Source Powered by WPeMatico
Crypto Markets Lose Hot Air, DOGE and BCH Skyrocket, 46% Chance ETH Hits $2,600 by May
Digital currency markets have seen some slight losses on Friday morning, as a great number of cryptocurrencies saw significant gains the day prior. Bitcoin dropped to a low of $60,042 during the early morning trading sessions shedding 3% during the last 24 hours. Crypto Markets Shed Some Value After Heating Up the Day Prior Bitcoin … Read more
Insurance Giant AXA Allows Swiss Clients to Pay for Services With Bitcoin
The French multinational insurance firm AXA is now allowing clients in Switzerland to pay for services in bitcoin. The newly added support is part of the company’s “digital future” and stems from customer demand for crypto payments. AXA Supports Bitcoin Payments In Switzerland AXA has announced it is the first all-lines insurer in the country … Read more
Over $750 Million in Bitcoin from the 2016 Bitfinex Hack Moved Today
On Wednesday, after bitcoin prices touched a new all-time high, thousands of bitcoins from the August 2, 2016, Bitfinex hack were transferred to unknown wallets. The exact count of BTC moved from the hack is not entirely clear, but one blockchain parser shows that over 12,208 BTC from the 2016 Bitfinex breach worth $754 million … Read more
Popular Nightclub E11even Miami Reveals Cryptocurrency Payment Acceptance
While crypto assets have seen monumental gains this week, the popular nightclub in Florida, E11even Miami will accept bitcoin and a slew of other digital assets for merchandise, beverages, and tables. Following the pandemic, E11even Miami will be reopening on April 23 and will have crypto asset support when the nightlife establishment reconvenes services. 24-Hour … Read more
Novogratz’s Galaxy Digital Jumps Into the Bitcoin ETF Fray
The investment company Galaxy Digital Holdings has revealed it is joining the growing list of firms looking to sponsor a bitcoin exchange-traded fund (ETF). Novogratz’s crypto firm applied with the U.S. Securities Exchange Commission (SEC) on Monday to launch a product called the “Galaxy Bitcoin ETF.” Galaxy Digital Wants to Provide a Bitcoin ETF Galaxy … Read more