Bitcoin Financial News

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

Bitcoin [BTC] witnessed a price decline that pushed its price below $30,000. However, the downtrend was short-lived as BTC’s price again crossed the $30,000 mark. At press time, it was trading at $30,015.14 with a market capitalization of over $580 billion.

Bitcoin's price has surged past the psychologically significant $30,000 mark for the first time since June 2022, providing a sense of relief to Indian crypto investors who have faced significant losses due to market volatility and several high-profile failures such as that of the Terra ecosystem and the collapse of FTX over the past year. The leading digital currency has surged 6.29% in the past 24 hours to reach $30,160 as of 2300 IST on Coinmarketcap. While it has risen by 72.62% in the last 90 days, it remains down by 23.82% year to date. Bitcoin's price spent several weeks consolidating around the $28,000 mark before recently breaking through, continuing its bull run that began at the start of the New Year. «It's a big positive for serious Indian crypto investors who are in it for the long haul,» said Vishal Gupta, a Noida-based crypto investor and influencer.

Cryptocurrency regulation tests aiming to help shape crypto laws in Zambia that simulate the real-world use of crypto are on track to finish by June.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

Coinbase CEO Brian Armstrong owes me $100. That’s because he might not know how to use the Lightning Network, the instant payment solution built on top of Bitcoin.

Texas lawmakers in the state’s Senate have approved a bill aimed at largely removing incentives for crypto miners operating under the seemingly friendly regulatory environment.

The March consumer price index climbed marginally by 0.1%, below economists' expectation of a 0.2% increase and February’s advance of 0.4%. Although inflation is showing signs of slowing, the year-on-year CPI increased by 5%, well above the Federal Reserve’s 2% target. 

The cryptocurrency market has been factoring in the recently released US CPI figures, which have underperformed expectations. Many speculate on how this crucial economic indicator will impact Bitcoin's price trajectory.

Warren Buffett once again took up his familiar role as conductor of the FUD train in yet another anti-cryptocurrency interview with CNBC’s Squawk Box on April 12. 

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

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South Korean prosecution officials want to freeze crypto holdings and cash belonging to the Terraform Labs founder Do Kwon, and have asked a court to help them freeze funds located in Switzerland and elsewhere.

As investors are intensifying their efforts to move crypto to personal wallets, market observers interpret the latest trend as an indication of a lower ‘sell pressure’ on bitcoin (BTC), according to a recently drafted note by analysts from Bank of America (BofA). 

Bitcoin (BTC) spiked higher prior to the April 12 Wall Street open as United States inflation data outperformed market forecasts.

Bitcoin (BTC) traced $30,000 on April 12 as looming United States macroeconomic data heightened nerves.

Gamers in Africa can now send and receive small amounts of Bitcoin (BTC) while playing classic titles like Counter-Strike.

The price of Shiba Inu has dropped by 2.5% in the past 24 hours, sliding to $0.00001086 following a slight dip for the cryptocurrency market as a whole.

Major crypto mining hardware maker Bitmain is reportedly looking at a nearly $4 million fine for unpaid taxes in Beijing.

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