Bitcoin Financial News

Thailand's Regulators have introduced tighter digital asset rules due to trading irregularities and the fall of a top acquisition involving a crypto exchange.

Bitcoin surges over $20,000 as US dollar sags

Crypto-curious teens may be able to try their hand at real crypto trading after the launch of  education and trading app Stack — aimed at teaching under 18s how to trade and hodl crypto.

Terra Classic (LUNC) has outperformed all top-ranking cryptocurrencies so far in September gaining nearly 100% in the past seven days alone.

Ethereum merge launch. The top crypto token, Bitcoin, raced past the $19,000 mark once again while other altcoins outperformed the token. Barring the US dollar Tether, all other tokens were trading with solid gains on Thursday. Avalanche rallied over 9 per cent, whereas Ethereum surged 8 per cent. BNB advanced 7 per cent, whereas Solana gained 6 per cent. The global cryptocurrency market cap was trading at the $975.93 billion mark, surging more than 4 per cent in the last 24 hours. However, the total trading volume dropped almost 20 per cent to $69.97 billion.Expert TakeThe first phase — the Bellatrix upgrade, of the much-awaited Ethereum Merge was completed this week. The move saw some upward movement for Ethereum, said Prashant Kumar, Founder and CEO, weTrade.

Bitcoin — dropped about 6 per cent to break below the $19,000 mark. Its biggest peer, Ethereum, slumped about 8 per cent. Barring the US dollar-pegged stablecoins, all other tokens were trading with deep cuts on Wednesday. Polygon and Polkadot tanked 9 per cent, whereas meme coins like Dogecoin and Shiba Inu tumbled 8 per cent. The global cryptocurrency market cap was trading sharply lower at $935.13 billion mark, dropping as much as 6 per cent in the last 24 hours. However, the total trading volume zoomed more than 32 per cent close to $87.05 billion.Tech view by BuyUcoin Crypto ExchangeEthereum classic surged on merge news. The excitement around the upcoming Ethereum merge is showing positive effects on Ethereum's classic price movement. The price of Ethereum Classic is up by almost 23 per cent and is very close to breaching the $40 mark.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

Toncoin (TON) crypto surged over 13.74% today and over the last week is currently up by an impressive 26.88%. 

The Bitcoin [BTC] tide is changing once again after starting the week on a very bearish note. This time it looks like we might just get a bit of a relief rally. This is especially now that whales are re-accumulating after a noteworthy discount.

The cryptocurrency market has been struggling over the past week. Yesterday, Bitcoin dropped to June 2022 lows of $18K. The poor market performance has investors anxiously looking for the best cryptocurrencies they can buy for solid returns. Below are the five best cryptos that are set to skyrocket after the recent Bitcoin crash.

On Thursday, blockchain forensics firm Chainalysis said that law enforcement had recovered $30 million in crypto stolen from the $625 million Ronin Bridge hack in March. According to Chainalysis, Lazarus Group, the North-Korea linked entity behind the attacks, first used sophisticated money-laundering techniques such as sending stolen Ether (ETH) to crypto-mixer Tornado Cash, swapping it for Bitcoin (BTC), sending theBitcoin to Tornado Cash, and then cashing out at exchanges. However, the group recently moved away from such techniques after the U.S. Department of Treasury imposed sanctions on Tornado Cash wallet addresses. 

With the markets still down significantly from ATHs, many are wondering which cryptocurrencies provide the best potential for returns in the coming weeks and months. 

Ethereum [ETH], the largest altcoin saw a major decline below the $1,600 support similar to Bitcoin [BTC]. ETH even dived below $1,550 before the bulls tried to take a stand but failed. Despite the lack of real fireworks in ETH, open interest in futures markets continues to see unprecedented levels.

U.S. Securities and Exchange Commission Chair Gary Gensler has again called for cryptocurrencies to be classified as securities and urged crypto companies to register with the agency. In an event organized by the Practising Law Institute on Sept. 8, he said the crypto industry doesn't need new guidelines and that the SEC's existing rules apply to it. His speech touched on several controversial aspects of the crypto industry, including matters on crypto intermediaries and stablecoins.  

Bitcoin [BTC] has been witnessing some turbulences in the last few days. The price of the king coin and other cryptocurrencies dropped on 5 September. At press, the king coin was changing hands at $19,307 after noting a 2.99% increase over the last day. However, in the past seven days, it declined by 3.85%.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

Bitcoin (BTC) could dive another 50% from current levels if the upcoming winter proves a major test for Europe.

Peter Goettler, the chief executive officer of United States-based think tank Cato institute, has provided an update to the crypto community on the man who photobombed former Federal Reserve chair Janet Yellen during a 2017 congressional hearing — and he’s in the family.

An investor in distressed assets has seen an 18x gain on claims he bought from creditors after the collapse of the infamous crypto exchange Mt. Gox, and he is now looking for more deals.

Global cryptocurrency taxation rules significantly vary among countries, and some jurisdictions have come up with extremely tough crypto tax policies for their residents.

The mainstream media in El Salvador has torn into into President Nayib Bukele for his perceived silence over the one-year anniversary of bitcoin (BTC) adoption, with multiple outlets and organizations calling the move a “failure.”