Bitcoin Financial News

Bitcoin remains stuck inside a narrow range, making it difficult to predict the direction of the next possible breakout. The U.S. Dollar Index (DXY), which generally moves in inverse correlation to Bitcoin (BTC), dropped below 100, but that has failed to propel Bitcoin higher. This suggests that Bitcoin is charting its own course in the near term.

Bitcoin has been trading within a relatively narrow range between $30,000 and $31,500 for about a month, indicating a prolonged period of consolidation. During this time, bulls and bears have been locked in a battle for control.

The crypto market has had a good year, recovering some losses suffered in 2022 during the latest crypto winter. While Bitcoin (BTC) broke above $31,000 on June 23 to update the year-to-date (YTD) high, the largest cryptocurrency by market cap still has a long way to go before it breaks above its record-high established at the end of 2021.

The long-awaited recession and resulting resumption of the 2022 bear market that many have been expecting has failed to materialize so far in 2023. In fact, most assets have caught a bid, with the NASDAQ hitting a 52-week high on July 12.

The tech-oriented investment manager, ARK Invest, is considered to be one of the largest holders of Coinbase (COIN) shares. 

The number of gambling sites accepting Ripple continues to grow. Some of the stand-out benefits of gambling with XRP include anonymity, near-instant payouts, and attractive welcome packages. 

Bitcoin Satoshi Vision (Bitcoin SV) has enjoyed a short-lived rally over the past month, after almost two years of downside slide, but will the recovery flop-or-fail?

In today’s fast-paced digital world, speed and convenience are paramount when it comes to online transactions. Whether you run an e-commerce business or simply want to make swift payments online, having a reliable payment gateway that ensures seamless and speedy transactions, including support for cryptocurrencies, is essential. Here are seven payment gateways known for efficiency, fast processing times and crypto support.

Bitcoin (BTC) has posted an impressive summer season so far this year, following a stunning +25% pump in mid-June - which has has left price action high in consolidation above $30,000.

In March 2020, Simon Harman and the team at Oxen (formerly known as LOKI) found themselves in a tight spot. It was the start of the global pandemic, and they were running out of funding, having worked to build products for three years during a bear market. To top it all off, Bitcoin’s value had just dropped to a historic low of $3,000. “We were staring down the barrel of death, basically,” Harman recalls. It was clear that to survive the team needed to develop new products—ideally, ones that operated in a different market than the privacy space. Oxen’s encrypted messaging app, Session, had just been released; that platform would ultimately gain a great deal of popularity, boasting some 700,000 monthly users. However, in early 2020, Session had not yet become profitable, and Oxen was finding the privacy space particularly difficult to operate in. They needed something new, and fast.

Venture capital firms are continuing to invest less money in the crypto sector, after five consecutive quarters of declines, according to a new report from crypto financial services firm Galaxy Digital.

The identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin (BTC), has been a subject of intense curiosity and speculation since the advent of the leading cryptocurrency.

Crypto exchange giant Binance has completed the integration of the Bitcoin Lightning Network, enabling its users to deposit and withdraw the world's number one crypto through this popular Layer 2 (L2).

Bitcoin (BTC) starts a new week above $30,000 but heading nowhere as the multi-month trading range refuses to shift.

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Another major bank in Australia has said it will block certain cryptocurrency platforms, citing high levels of scam risk in the industry.

Bitcoin price is currently trading at around $30,300, showing less than 0.50% surge during the Asian session on Monday. The recent favorable decision in the SEC vs. Ripple case has impacted the price, bringing it back to the level seen last Thursday.

Despite the rise of cybersecurity infrastructure, the online identity still faces many risks, including those related to the hacks of one’s phone numbers.

Cryptocurrency exchange Binance has announced it has successfully integrated Bitcoin (BTC) on the Lightning Network, enabling the use of the layer-2 scaling solution for Bitcoin withdrawals and deposits.

Bitcoin (BTC) attempted to break away from its boring sideways price action on July 13 following Ripple’s legal victory over the United States Securities and Exchange Commission, but the enthusiasm proved to be short-lived. Sellers pulled the price back into the range on July 14, indicating that they remain active at higher levels. However, a positive sign is that the bulls have kept Bitcoin’s price above $30,000.

Bitcoin (BTC) at $30,000 is the most popular “buy” level ever, the latest on-chain data suggests.