Bitcoin Financial News

28.08 / 16:17

Blockchain ETH Strategy Bitcoin dance EmotiCoin: Pioneering Clarity in the Crypto World with Reverse Splits Protocol

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28.08 / 15:47

Blockchain Twitter Binance Bitfinex G20 Bitcoin Today in Crypto: SBF's Attorneys Ask for His 'Temporary Release', Bybit and OKX Exclude Sanctioned Russian Banks From Payment Options, Verified Scam Accounts Targeting Crypto Twitter are 'Out of Control'

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

28.08 / 14:21

markets Bitcoin Bitcoin Price Support Bitcoin traders pinpoint support levels as BTC price taps $26.2K

Bitcoin (BTC) recovered its weekly close losses on Aug. 28 as risk assets rose on China tax cuts.

28.08 / 12:47

Binance regulation Fiat Money Bitcoin restrictions Binance adds fiat currency restrictions for Russian users

Cryptocurrency exchange Binance continues introducing more restrictions for its Russian customers on its peer-to-peer (P2P) trading platform.

28.08 / 09:15

markets Federal Reserve inflation Bitcoin Bitcoin Price week September ‘crash’ to $22K? — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week struggling with $26,000 as August becomes its worst month of 2023.

28.08 / 09:15

business Government Mining Bitcoin Laos halts electricity supply to crypto mining projects amid drought

Laos state-owned electricity distribution company Électricité du Laos (EDL) has announced that it will suspend electricity supply to crypto mining operations in the country, citing various reasons such as the struggle to generate enough power amid drought conditions.

28.08 / 08:25

BTC Digital Remark Tapestry Bitcoin country Time Bitcoin Price Prediction as $5 Billion Trading Volume Sends BTC Back in the Green – Time to Buy?

In the intricate realm of cryptocurrency, Bitcoin stands at the forefront of strategic discussions, underscored by its formidable $5 billion trading volume that has adroitly positioned the asset back in the positive domain.

28.08 / 08:01

Blockchain Adoption regulation Bitcoin Industry Bitcoin Regulation Bitcoin Framework Indian Indian PM Modi calls for global cryptocurrency framework at G20 Summit

Indian Prime Minister Narendra Modi called for a global collaboration on formulating crypto regulations during the Group of 20 (G20) summit. G20 President India has taken up the task of advocating for a comprehensive global framework for regulating cryptocurrencies.

28.08 / 05:13

Blockchain Mining Hash Rate Bitcoin Hashrate Bitcoin revenue per terahash nears record lows as hashrate soars

Bitcoin mining revenue or “hash price” — a measure of dollars earned per TH/s per day — has slumped to levels not seen since the collapse of FTX in November 2022, while hash rate has reached new highs.

27.08 / 23:13

Provident Digital Bitcoin cover US Treasury sets out crypto tax reporting proposal

The rules are designed to address the tax evasion risks posed by digital assets and could raise nearly $28 billion in ten years, says the Joint Committee on Taxation.Under the proposal, crypto brokers - centralised and decentralised exchanges, payment processors and some hosted wallets - would have to provide a new tax reporting form, called a Form 1099-DA, to help taxpayers determine if they owe taxes. The rules would cover crypto such as Bitcoin and Ether, as well as NFTs.The form, covering information such as customers’ capital gains and losses, would be sent to both customers and the IRS.

27.08 / 19:17

Digital BAY CAD Bitcoin show performer Hut 8 Q2 2023 Report: $19.1 Million Revenue with 9,136 Self-Mined Bitcoin in Custody

On August 14, 2023, Hut 8 Mining Corp, one of North America's major pioneers in the mining of digital assets, released its financial results for the second quarter of 2023. The report offers a thorough look at the business' performance, including both successes and problems encountered throughout the quarter.

27.08 / 19:17

Provident Digital BitGo Bitcoin Prime Trust Files for Chapter 11 Bankruptcy

Prime Trust, LLC, has found itself at the centre of a complicated financial and legal scenario. On August 14, 2023, the business and a few of its affiliates voluntarily petitioned the United States Bankruptcy Court for the District of Delaware for Chapter 11 bankruptcy protection.

27.08 / 19:13

markets Altcoin TON Monero Bitcoin Bitcoin Price Bitcoin price stability creates lucrative setups in TON, XMR, MNT and QNT

Bitcoin (BTC) has gone silent over the weekend. CryptoQuant CEO Ki Young Ju said in a recent post on X (formerly Twitter) that Bitcoin’s velocity has declined to a 3-year low. He said this could either be considered positive as whales were holding on to their positions or negative because the transfer to new investors was not happening.

27.08 / 11:27

UPS Ethereum BTC Target Digital Bitcoin Time Bitcoin Price Prediction as Bulls Push BTC Past $26,000 – Time to Buy?

In recent developments, Bitcoin bulls have propelled the cryptocurrency past the $26,000 threshold, inciting debates about whether now is the opportune moment to invest.

27.08 / 09:21

glassnode Bitcoin analysts Framework Analysts Introduce Innovative Framework to Decode Bitcoin Economy in Bear Market

Investment firm Ark Invest and blockchain security firm Glassnode have revealed a conceptual framework for understanding the Bitcoin (BTC) economy amid the ongoing bear market.

27.08 / 08:41

UPS Provident Twitter ETF SEC Bitcoin Bitcoin spot ETF ETF approval spot ETF 2024 2024 ELECTION 2024 Election Impact on SEC's Bitcoin Spot ETF Approval

The stance of the United States Securities and Exchange Commission (SEC) on Bitcoin spot ETFs has been the subject of extensive debate and speculation. John Reed Stark, who serves as the President of John Reed Stark Consulting LLC and was previously the Chief of the SEC Office of Internet Enforcement, has carried out an analysis on Twitter. His findings suggest that the 2024 U.S. Presidential Election could represent a pivotal moment in shaping the SEC's policy towards Bitcoin spot ETFs.

27.08 / 06:59

Twitter regulation Taxes Bitcoin Crypto community reacts to Biden's proposed crypto tax reporting rules

Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States president Joe Biden.

27.08 / 05:37

Waves Ripple JPMorgan CME Enterprise Bitcoin JPMorgan sees ‘limited downside’ for crypto near term after bitcoin’s recent rout

The fading of some positive legal and regulatory news induced a wave of selling in recent weeks that is “still reverberating,” though the unwinding appears to be at its end phase, based on open interest in CME Bitcoin futures contracts, analysts including Nikolaos Panigirtzoglou wrote on Thursday. A decline in open interest — the number of unsettled and active future contracts trading on exchanges — typically indicates a price trend is losing strength. “As a result, we see limited downside for crypto markets over the near term,” they said. Bitcoin, the largest crypto token, was down 0.2% at around $25,980 as of 11:30 a.m. in New York on Friday. In the past two weeks, it has fallen almost 12% after trading sideways for about a month.

27.08 / 02:21

Twitter Mining Latin America Tether Bitcoin Tether CTO stays silent on Bitcoin mining locations

Paolo Ardoino, chief technology officof stablecoin issuer Tether (USDT), recently found himself addressing rumors about edited images of large containers online. These speculations led him to rejecting questions about where Tether is mining Bitcoin (BTC).

26.08 / 20:23

regulation Bitcoin Futures Bitcoin Bitcoin Price JPMorgan forecasts limited downside for crypto markets: Report

The cryptocurrency market's recent downtrend appears to be coming to an end, as JPMorgan's latest research suggests that most long-position liquidations have been completed.

26.08 / 11:15

markets Bitcoin Bitcoin Price 2020 Q4 Bitcoin velocity hits lows last seen before Q4 2020 BTC price breakout

Bitcoin (BTC) on-chain activity is at levels last seen before its run to 2021 all-time highs, data shows.

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