Bitcoin Financial News

The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking above the $900 billion mark on Jan. 12.

Bitcoin, the world's largest and most popular digital currency, has increased by 4% in the last 24 hours and by more than 15% in the last seven days. Ethereum, the second most valuable currency, is up 14% in a week to $1,420.

After Bitcoin (BTC) hit a yearly high of $19,501 on Jan. 13, where is it headed next?

Bitcoin (BTC) rose above $19,000 on Jan. 12, the highest level since Nov. 8. Although a bull market may not start in a hurry, Glassnode data suggests that the foundation for a macro bottom in Bitcoin may be in place. The on-chain analytics firm tweeted on Jan. 12 that “13% of the Circulating Supply” returned to profit when Bitcoin rallied to $18,200. This suggests a large phase of accumulation took place in the $16,500 to $18,200 range.

The bitcoin price has risen by 4% in the past 24 hours, almost hitting $19,000 after the publication of positive US inflation figures yesterday. Its current price marks a 12% gain in a week and a 6% rise in the last 30 days, as signs of an improving global economy raises hopes that 2023 will correct 2022's bear market.

Bitcoin (BTC) stayed near $19,000 at the Jan. 13 Wall Street open as traders hoped a week of swift gains would stick.

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Amid Bitcoin (BTC) seeing significant price increase so far in 2023, one industry executive stressed that there are some features of Bitcoin that are far more crucial than its price.

Troubled cryptocurrency firm Nexo is planning to sue the Bulgarian government in the aftermath of massive raids at the company’s offices in Sofia.

Bitcoin (BTC) may be up 16% so far in 2023, but one stock it outperformed last year is now getting its revenge.

Bitcoin, the most popular coin for novice traders and institutions alike, ranks first on the list. With a projected 86.3 million tons of CO2 emissions for 2022, a huge 431.6 million trees would need to be planted in order for bitcoin’s annual CO2 emissions to be removed from the atmosphere.Previous research has suggested that the energy required for a bitcoin transaction could power a household for more than 70 days.Litecoin and Bitcoin Cash came second and third on the polluter list, with emissions from Cardono also climbing.Ethereum, by contrast, has managed to massively decrease its annual CO2 emissions by nearly 100% after moving to a proof-of-stake blockchain, meaning that its gas fees have been reduced significantly and its network has been able to process transactions a lot faster.In 2021, Ethereum created a huge 21.95 million tons of CO2.

Bitcoin (BTC), the world's largest and most popular digital cryptocurrency, maintained its upward rally and has increased by 4% in the last 24 hours and by more than 12% in the last seven days. 

ARK Invest CEO Cathie Wood believes that digital wallets and blockchain tech were among “game-changing innovations” that the equity markets largely ignored in 2022. 

Hot on the heels of its Bitcoin (BTC) futures exchange-traded fund (ETF) in Hong Kong, Samsung Asset Management has indicated it's considering the launch of a spot Bitcoin ETF on the city's exchange if policies allow for it.

A climate tech investor has painted a bright view of the Bitcoin (BTC) network, suggesting BTC’s environmental positives outweigh its negatives by a whopping 31:1 ratio.

Crypto investors have been urged to keep their eyes peeled for "deepfake" crypto scams to come, with the digital-doppelganger technology continuing to advance, making it harder for viewers to separate fact from fiction. 

Tyler Winklevoss, the co-founder of cryptocurrency exchange Gemini, has hit out at the regulator charging the exchange over issuing unregistered securities, calling the allegations "super lame" and a "manufactured parking ticket."

Bitcoin (BTC) price has gained 15% in the past 13 days, and during this timeframe, traders’ bearish bets in BTC futures were liquidated in excess of $530 million compared to bulls.

Hong Kong’s financial regulator is expected to create a dedicated whitelist of tokens that retail users will be allowed to trade.

Actress and model Alejandra Guajardo represented El Salvador in the preliminary competition of the Miss Universe 2022 pageant by wearing a costume featuring Bitcoin during her walk across the stage.

2022 was a rollercoaster ride of ups and downs for the blockchain industry. While the year’s first quarter looked promising, the crypto industry has been on a downward trajectory ever since. While indications of a global macroeconomic slowdown increase, these headwinds hamper the blockchain industry’s potential recovery.