Bitcoin Financial News
13.07 / 08:49
Dogecoin
Ethereum
BTC
CEO
Enterprise
Bitcoin
Crypto Price Today: Bitcoin falls below $30,400; Cardano, BNB shed over 2%
cryptocurrency markets were trading in the red on Thursday despite the lower-than-expected inflation data in June. Bitcoin (BTC) fell 1.21% to $30,357, whereas Ethereum (ETH) was below the 1,900 level. BTC volume stood at approximately $14.62 billion, rising 23.46% in the last 24 hours. «Bitcoin is steady above $30,000, in a range it has been since late June. Favorable US CPI inflation data hasn't excited the market yet with key resistance forming around $31,000,» Vikram Subburaj, CEO at Giottus Crypto Platform, said. «Ethereum continues to lag behind the leading asset under $1,900. This period of consolidation will end with a break on either side with a high probability of a considerable rally in the coming weeks,» he added.
13.07 / 06:41
Lowe's
ETF
SEC
Manufacturing
BlackRock
Bitcoin
Bitcoin's Dawn of the ETF Era: ARK Investment
According to a report by ARK Investment, in June 2023, Bitcoin experienced a resurgence in institutional sentiment, with the supply of Bitcoin that had remained unmoved for at least a year reaching an all-time high of approximately 70% of the circulating supply. This development suggests a strong holding pattern among Bitcoin investors, a trend that is likely to impact the cryptocurrency's future trajectory.
13.07 / 04:01
business
Ethereum
Mining
Bitcoin
Crypto miner Hive Digital drops 'blockchain' from name amid pivot to AI
Crypto mining firm Hive Blockchain is now calling itself Hive Digital Technologies — after enacting a branding pivot that seeks to highlight its foray into artificial intelligence.
13.07 / 02:15
13.07 / 01:51
Adoption
ETF
Bitcoin
Seal
Bitcoin ETF would be the 'seal of approval' from SEC: Mike Novogratz
The approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) would equate to a “seal of approval” for Bitcoin from the United States government and its securities regulator, says Mike Novogratz.
13.07 / 01:17
regulation
Taxes
Bitcoin
tax breaks
IRS probes crypto traders using Puerto Rico tax breaks: Report
Prosecutors from the United States and agents from the Internal Revenue Service (IRS) are reportedly investigating wealthy crypto traders and fund managers suspected of illegally benefiting from Puerto Rico’s tax breaks.
12.07 / 21:43
Provident
Twitter
Booking
Bitcoin
New Tool Allows Bitcoin Holders to Store Private Keys as Colors
One of the challenges crypto investors face is the issue of asset loss. Sometimes, scammers steal users’ assets when they access their private keys.
12.07 / 21:27
Blockchain
Department Of Justice
Silk Road
Bitcoin Wallet
Bitcoin
US government moves nearly 10K Bitcoin worth over $300M related to Silk Road seizure
A cryptocurrency wallet associated with the United States Department of Justice moved approximately 9,825.25 BTC worth around $299 million in a series of transactions on July 12.
12.07 / 19:23
COST
Provident
Lowe's
Digital
Bitcoin
Core inflation
Time
inflation data
Bitcoin Price Prediction as US Core Inflation Data is Released – Time to Buy?
The price of Bitcoin is steady at around $30,600, reflecting a nearly 0.50% increase on Wednesday.
12.07 / 19:05
Dogecoin
Ethereum
XRP
Cardano
litecoin
Polygon
Bitcoin
Price analysis 7/12: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT
Bitcoin (BTC) bulls are again having a go at the overhead resistance of $31,000. The bullish sentiment may get a boost from the United States inflation report, which showed signs of slowing down. Economists were expecting the year-on-year consumer price index to rise 3.1% but the June print came in at 3%.
12.07 / 17:09
markets
Blockchain
Mining
Whale
Bitcoin
Bitcoin Price
Mining Difficulty
Time
Bitcoin mining difficulty hits all-time high as BTC miner selling peaks
Bitcoin (BTC) mining difficulty reached an all-time high of 53.91 trillion units after the latest difficulty adjustment on July 12. It is a measure of how difficult it is to mine Bitcoin blocks.
12.07 / 15:57
UPS
Binance
SEC
Platform
coinbase
Bitcoin
Future
Billionaire Investor Tim Draper Still Bullish on Bitcoin, Foresees $250,000 Price in the Future – Here's the Timeline
Billionaire venture capitalist Tim Draper is standing by his Bitcoin (BTC) price prediction of $250,000 per coin - but he’s pushed it forward to 2025.
12.07 / 15:19
UPS
Citi
FIVE
Progressive
Bitcoin
Cybercrime cases triple in Bengaluru in six years, card payments/online transfer top charts of fraud
Bengaluru have more than tripled between 2017 and 2022, and the number of cases this calendar year may beat all previous records going by the trends in the first five months, according to the data placed by the Karnataka government before the Legislative Assembly. The city, which is home to several global technology firms and thousands of startups with an estimated 2.3 million tech workers, reported 9940 cybercrime cases in 2022, recording a big jump from 2742 in 2017. In the five months of this calendar year, the city has already reported 6226 cases, Home Minister G Parameshwara has said in response to a query from S Suresh Kumar (BJP).
12.07 / 14:11
Provident
Digital
crypto regulation
Bitcoin
Holdings
Crypto Holdings
2024
South Korea To Require Firms To Disclose Crypto Holdings Starting 2024
South Korean firms that hold or issue cryptocurrencies will be required to disclose information about their transactions to the financial regulator starting next year.
12.07 / 14:07
Adoption
ETF
Investments
Bitcoin
Bitcoin Price
Bitcoin’s pre-halving rally may start soon — Here’s why
In the latest episode of The Market Report, Cointelegraph analyst and writer Marcel Pechman discusses Standard Chartered bank’s $120,000 Bitcoin price expectation based on the halving impact. According to the report, increased miner profitability due to a pre-halving rally would “reduce the net BTC supply.”
12.07 / 13:57
Digital
G20
BIS
Bitcoin
International
Bank for International Settlements Rejects Crypto as Money in Report to G20
A new report from the Bank for International Settlements (BIS) has pointed to “inherent structural flaws” in crypto as the reason why it will never become money.
12.07 / 13:41
UPS
ETF
coinbase
Bitcoin
stake
Cathie Wood’s ARK sells down Coinbase stake as bitcoin ETF hopes drive rally
Cathie Wood’s flagship fund has sold shares in Coinbase as the cryptocurrency exchange’s stock price runs up on excitement over its role in the proposed launch of a bitcoin exchange-traded fund.
12.07 / 13:17
Government
regulation
transparency
Terraform Labs
Bitcoin
Holdings
Crypto Holdings
2024
South Korea to ask firms to disclose crypto holdings from 2024
The South Korean government is continuing to develop tighter regulations targeting the cryptocurrency industry with the introduction of new asset disclosure rules.
12.07 / 11:41
12.07 / 11:41
Blockchain
Provident
Binance
SEC
Platform
Action
Bitcoin
Binance To Retire the Deposit Addresses and Memos of Popular Cryptos – Investors Turn to New Market Entrants
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
12.07 / 11:35
UPS
Ethereum
Provident
Digital
PwC
Bitcoin
regulatory
Hedge funds reconsider crypto amid US regulatory concerns
The past year hasn’t been easy for the cryptocurrency industry, given market volatility and business failures including the high-profile collapse of the FTX exchange.
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