Bitcoin Financial News

The Solana (SOL) blockchain could become the crypto world’s equivalent of tech giant Apple given its strong focus on user experience, according to Solana co-founder Raj Gokal.

Tuesday, 30th May - The most exciting crypto meme coin presale in years is selling out fast, and here's why it's time to pay attention.

After a long period of unusually low volatility, Bitcoin's next major price move is likely imminent and could drive BTC to $32,000, according to James Check, the lead on-chain analyst at Glassnode. That price level is where Bitcoin’s “true cost basis is sitting,” Check explained in an exclusive interview with Cointelegraph. 

Binance has begun the process of transitioning Japanese users of its international crypto exchange to a specialized local platform, the company confirmed in a blog post on Friday. 

Cryptocurrency giant Tether is setting up a bitcoin mining operation in Uruguay using renewable energy, as the company looks to diversify the revenue mix to support its USDT stablecoin.

Bitcoin (BTC) fell into the May 30 Wall Street open as the return of United States equities failed to boost performance.

As the popularity of Bitcoin continues to rise, accompanied by a significant increase in blockchain transaction fee revenue, many are speculating about the potential for BTC to reach new highs in 2023. 

Major cryptocurrencies, including Bitcoin, failed to make significant moves in the latest week. Bitcoin remains just above $27,000, recovering from a dip below $26,000 on May 24.Despite this, certain tokens outperformed the market considerably in the last week.

As an uptick for Bitcoin (BTC) and Ethereum (ETH) fuels up crypto markets, Cardano (ADA) appears to be mounting a make-or-break recovery, but could Cardano price be bearish? 

In late April, over a hundred people gathered near the Texas Capitol building to protest. 

Tether is launching bitcoin mining in Uruguay. 

Cryptocurrency exchanges in Japan are preparing for the enforcement of the Financial Action Task Force’s Anti-Money Laundering (AML) regulations known as the Travel Rule.

Bitcoin and the S&P 500 Index (SPX) recovered from their respective intra-week lows to finish last week on a positive note. The recovery was largely driven by the expectations of a debt ceiling deal being reached between the White House and congressional Republicans. 

Bitcoin (BTC) is trading hands at a hefty discount on the Australian branch of the Binance crypto exchange, with the price of Bitcoin down as much as 21% if traded against the Australian dollar. 

Bitcoin Ordinals are the latest layer-2 solution enabling decentralized storage of digital art on the Bitcoin blockchain. Ordinals will now allow users to migrate their Ethereum ERC-721-based nonfungible tokens (NFTs) to the Bitcoin blockchain with the launch of the BRC-721E standard.

The Russian government is no longer planning to launch a regulated national cryptocurrency exchange but rather wants to regulate multiple crypto trading platforms.

The number of Ordinals inscriptions on the Bitcoin (BTC) network has surpassed the 10 million mark, just days after its creator stepped down as the project’s caretaker.

Bitcoin (BTC) traded near $28,000 on May 28, with traders still wary of a full correction of weekend upside.

In the world of cryptocurrency, Bitcoin continues to captivate investors with its price movements.

Bitcoin climbed to the highest level in more than two weeks amid a boost to investor sentiment from a deal on raising the US debt limit. The largest digital token added as much 3.2% on Monday and was trading at $28,182 as of 9:32 a.m. in Singapore, oscillating around its 50-day moving average. Smaller tokens ranging from Ether to Binance Coin also posted gains. The debt-ceiling deal between President Joe Biden and House Speaker Kevin McCarthy has helped risk appetite in global markets. But the agreement still has to clear Congress quickly to avert a US default. A recent jump in Treasury yields and bets on more US monetary tightening are other potential headwinds. “This morning’s positive risk sentiment directly relates to the resolution of the debt-ceiling impasse,” said John Toro, head of trading at digital-asset exchange Independent Reserve. “Front-end funding costs remain highly elevated relative to crypto returns, resulting in negative carry for long holders. This will continue to prove a headwind for risk assets and the crypto complex.”

Major trading firms in the United States, such as Jane Street Group and Jump Trading, are scaling back their involvement in the domestic crypto markets due to increasing regulatory uncertainties and associated risks. This retreat is causing a significant void in the once vibrant U.S. crypto landscape, which could deter interest from institutional investors.