Bitcoin Financial News

08.03 / 22:25

Africa Lightning Network lightning YouTube Bitcoin CFA Why Senegal rejects the CFA and is warming to Bitcoin: video

Cointelegraph goes to Senegal, West Africa. The medium-sized African nation recently hosted a Bitcoin conference (BTC) and more and more merchants and customers are joining the Lightning Network.

08.03 / 21:31

BTC Metro FGHT C+Charge CCHG Fight Out Bitcoin Best Crypto to Buy Today 8 March – LHINU, CFX, FGHT, IMX, METRO, CCHG

The cryptocurrency market, including Bitcoin, experienced a decline after Federal Reserve Chairman Jerome Powell's testimony to Congress on Tuesday, indicating the need for higher interest rates to tackle inflation amid the quick bounce back of the US economy from the pandemic.

08.03 / 21:09

markets Federal Reserve Bitcoin Bitcoin Price Fed signals a sharp rate hike in March due to inflation — Here's how Bitcoin traders can prepare

Like it or not, for crypto investors, the U.S. Federal Reserve policy on interest rate hikes and high inflation is the single most relevant measure for gauging demand for risk assets. By increasing the cost of capital, the Fed boosts the profitability of fixed-income instruments, but this is detrimental to the stock market, real estate, commodities and cryptocurrencies.

08.03 / 19:45

Lowe's Target Action CoinMarketCap Remark Bitcoin FTM’s short-term price action could recover again only if…

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

08.03 / 19:15

markets Federal Reserve inflation Bitcoin Bitcoin Price Bitcoin clings to $22K as US dollar strength rises to December levels — What's next?

Bitcoin (BTC) fell to three-week lows on March 8 as stronger-than-expected employment data from the United States dampened risk assets.

08.03 / 17:29

event Blockchain Event Recap Bitcoin Community Bitcoin Bitcoin thought leaders weigh the pros and cons of Ordinals

Ordinals are here to stay. Ordinals, or the ability to permanently ink the Bitcoin (BTC) blockchain with data, typically in the format of a picture or jpeg, are a controversial topic among some members of the Bitcoin and wider crypto community. Not so for the builders and the CEOs of Bitcoin-focused companies who were present at the Bitcoin conference, Advancing Bitcoin in London.

08.03 / 17:29

regulation Europe inflation Bitcoin Bitcoin Price end asset manager NOT It’s not the end of crypto: EU asset manager gives 5 reasons why

The ongoing cryptocurrency winter and massive collapses in the industry do not mean that digital assets like Bitcoin (BTC) are doomed to fail, according to a major European asset manager.

08.03 / 15:11

markets coinbase us government Silk Road Bitcoin Bitcoin Price Brace for BTC price volatility? Bitcoin 'coin days destroyed' metric jumps to 2-month highs

On March 8, the U.S. government moved 49,000 Bitcoin worth $1 billion seized from the Silk Road. The transfer was accompanied by Bitcoin’s (BTC) price slipping below $22,000, as well as a noticeable spike in a key holder metric.

08.03 / 14:29

regulation Bank of Russia Bitcoin regulatory Russian crypto advocates urge Putin to stop regulatory hostility

As Russia continues to delay adopting cryptocurrency regulations, local advocates have appealed to Russian President Vladimir Putin to change the government’s approach to regulating the market.

08.03 / 14:29

markets ETF coinbase Ark Grayscale Bitcoin Bitcoin Price Coinbase stock Cathie Wood's ARK ignores Silvergate, buys Coinbase stock for 6th straight month

Bitcoin (BTC) exchange Coinbase has remained a firm “buy” for ARK Invest throughout its recent price drop.

08.03 / 14:07

Blockchain Provident BTC Platform Gap Bitcoin SatoshiChain Brings Bitcoin to DeFi; Announces Mainnet Launch Date and Upcoming Airdrops

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

08.03 / 12:19

coinbase Silk Road Bitcoin Wallet Bitcoin silk road bitcoin Silk Road Bitcoin for sale? US government-linked addresses transfer $1B in BTC

50,000 Bitcoin (BTC) worth $1 billion United States dollars were moved from multiple wallets related to U.S. Government law enforcement seizures and were transferred to new addresses, and a few were moved to Coinbase on March 8.

08.03 / 09:43

BTC Lowe's CoinMarketCap Caseys Bitcoin Yuga Labs’ TwelveFold auction had this effect on Apecoin [APE]

Yuga Labs is in the news after it concluded the much-publicized auction of its inaugural Bitcoin-based non-fungible token (NFT) collection – TwelveFold. The top 288 bidders won one NFT each and will receive their inscriptions within a week, according to an update from Yuga Labs.

08.03 / 08:15

Dogecoin BTC Ripple litecoin Remark ICO Bitcoin Support Bitcoin Price Prediction as Bulls Keep BTC Above $22,000 Support – This is Where BTC Is Heading Now

Bitcoin continued to experience a downward trend, remaining weak near the $22,500 level, as investors opted for safer bets in anticipation of Federal Reserve Chair Jerome Powell's testimony before Congress.

08.03 / 07:27

Mining Developers Bitcoin Jack Dorsey’s Block asks for input on proposed ‘mining development kit’

Payments company Block, formerly known as Square, is delving deeper into the crypto mining industry with potential plans to build a “mining development kit.”

08.03 / 06:25

Dogecoin Blockchain UPS Lowe's Platform Bitcoin Investors Losing Confidence in stagnant Shiba Inu (SHIB) and Dogecoin (DOGE), jump into the RenQ Finance (RENQ) Ship for better profits.

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

08.03 / 03:47

BTC S&P 500 Bitcoin US stocks Bitcoin’s Correlation to US Stocks is Fading – Why That Could Be a Good Thing for the BTC Price

The positive correlation between the Bitcoin price and US stock prices, which reached a record high in 2022, is fading. The Bitcoin bulls will be hoping that this decoupling bodes well for Bitcoin, given it might mean that the US stock market’s ongoing struggles might be becoming less of a headwind for the world’s largest cryptocurrency.

08.03 / 02:05

BTC Bitcoin Key Indicator of Bitcoin Market Profitability Turns Bearish – Here’s What That Means for the BTC Price

A key indicator of profitability in the Bitcoin market just turned negative, a bearish sign according to some analysts. In wake of Bitcoin’s latest price dip back to the $22,000 area, the 30-day Simple Moving Average of the average Spent Output Profit Ratio (aSOPR) recently fell back below 1, as seen in the below chart presented by crypto data analytics firm Glassnode.

08.03 / 01:59

Twitter Binance CEO Action Forbes Bitcoin Might Binance be at the risk of an ‘epic bank run’ after latest round of FUD

Last week, three U.S lawmakers raised concerns that Binance, the world’s largest crypto-exchange, has reportedly facilitated theft, money laundering and terrorist financing. In response, Binance deflected but did not directly refute the lawmakers’ concerns.

08.03 / 00:07

BTC Options Bitcoin Bitcoin to Sub-$20,000 Next? Here’s What Options Markets Say About the BTC Price Outlook

Cryptocurrency markets have slipped on Tuesday in tandem with US stock prices as US yields and the US dollar rise in wake of hawkish commentary from US Federal Reserve Chairman Jerome Powell at the first day of his semi-annual testimony before the US Congress on Tuesday.

08.03 / 00:07

UPS Provident BTC Lowe's Bitcoin Bitcoin [BTC]: As market hits ‘transition phase,’ here are the things to look out for

In its latest report, on-chain analytics company Glassnode analyzed Bitcoin’s [BTC] on-chain performance. In doing so, it observed that the prevailing price movements resemble previous bear market bottoms.

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