Bitcoin Financial News

23.07 / 06:37

Blockchain cryptocurrency Bitcoin Top Cryptocurrency Prices On July 23: Bitcoin and Ether in green as total crypto market volume falls

Major cryptocurrencies traded in the green early on July 23 as the global crypto market cap increased 1.13 percent to $1.04 trillion over the last day. The total crypto market volume declined 6.90 percent to $71.56 billion over the last 24 hours.

23.07 / 00:27

Crime Investing Bitcoin Grassroots Sports Body Accountancy Chief Says She Stole Public Funds to Pay for Bitcoin

A South Korean local government official in charge of managing public funds for grassroots sports has admitted to embezzling over USD 367,000 worth of tax payers’ money – which she says she and her husband spent on crypto investments and internet gambling.

22.07 / 23:31

markets Bitcoin Bitcoin Price week Bitcoin dips to $22.6K, risking further losses if it fails to hold above 200-week MA

The mood across the cryptocurrency ecosystem is noticeably brighter on Friday after a week of gains helped traders put the events of the past two months behind them and look towards a positive future.

22.07 / 22:07

Ethereum XRP Cardano Bitcoin Price analysis 7/22: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

In a downtrend, when markets do not respond negatively to bearish news, it is a sign that the selling may have reached exhaustion. Reports of electric vehicle maker Tesla dumping 75% of its Bitcoin (BTC) holdings in the second quarter only caused a minor blip as lower levels attracted strong buying from the bulls.

22.07 / 20:43

BTC Tesla Bitcoin Luna Weekend Will Bitcoin [BTC] rise above its $23,000 level over weekend

Bitcoin [BTC] is back above the $23,000 level despite the announcement by Tesla that it had sold 75% of its BTC holdings.

22.07 / 19:53

Blockchain Binance Digital Bitcoin Top 3 Cryptocurrencies to Buy in 2022

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22.07 / 19:41

markets coinbase Bitcoin Pro Bitcoin traders are uncomfortable with bullish positions

The previous $19,000 Bitcoin (BTC) support level becomes more distant after the 22.5% gain in nine days. However, little optimism has been instilled as the impact of the Three Arrows Capital (3AC), Voyager, Babel Finance, and Celsius crises remain uncertain. Moreover, the contagion has claimed yet another victim after Thai crypto exchange Zipmex halted withdrawals on July 20.

22.07 / 19:07

markets Blockchain Ethereum Bitcoin A short-term BTC rally or trend reversal? Find out now on ‘Market Talks’ with Crypto Jebb

The latest episode of Market Talks welcomes Nicholas Merten, the founder of DataDash, one of the largest cryptocurrency YouTube channels.

22.07 / 18:23

Gaming Bitcoin Taiwan vs. Crypto, Uprise Might Compensate Some LUNA Losses + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

22.07 / 18:09

markets Ethereum Bitcoin Bitcoin Price open week Bitcoin wobbles on Wall Street open as Ethereum hits $1.6K in 6-week high

Bitcoin (BTC) took a step back as Wall Street trading began on July 22 after recovering most of its previous losses.

22.07 / 16:07

business Adoption Bitcoin Crypto to reach 1 billion users in 2030: BCG Report

In a joint report published by BCG, Bitget and Foresight Ventures, data shows that compared to traditional investment assets, crypto adoption is still very low. According to BCG, only 0.3% of individual wealth is invested in crypto.

22.07 / 14:53

UPS JPMorgan Bitcoin Venture capital piles $18bn into crypto — and JPMorgan sees the record pace continuing

Bitcoin may have just capped its worst quarter in more than 10 years, but venture capital doesn’t care—and private money is piling into crypto at a historic, breakneck pace.

22.07 / 14:47

Adoption Middle east Bitcoin Prince Philip of Serbia calms rumors of Arab country Bitcoin adoption

Prince Filip Karađorđević, known as Philip Karageorgevitch in English, placated rumors that an Arab country would “soon” adopt Bitcoin (BTC) as legal tender. In an interview Philip delivered from Serbia, the prince explained that Bitcoin adoption is an inevitability for all countries.

22.07 / 14:05

Grayscale lending Terra Bitcoin 3 Reasons Why 3 Arrows Capital Failed, Per Its Founders

There were at least three major factors that lead to the collapse of the fund, according to the founders of Three Arrows Capital (3AC) Su Zhu and Kyle Davies.

22.07 / 13:21

Tesla Bitcoin Holdings bitcoin holdings NOT Tesla sells 75% of its Bitcoin holdings, expert say Musk did not fancy it much

Tesla Inc has trimmed its Bitcoin stake by one fourth, the renowned electric car manufacturer disclosed in its earnings for the quarter ended June 2022. In a shocker to the crypto world, Elon Musk's company revealed that it has converted about 75 per cent of its Bitcoin holding into fiat currency, which added about $963 million to its balance sheet. However, the automobile major in February 2021, had announced that it had invested about $1.5 billion in Bitcoin but subsequently sold 10 per cent of its stake in April, just two month later.

22.07 / 13:05

CEO Action Arrow Bitcoin Blockchain.com Slashes 25% Workforce amid Crypto Meltdown

Massive layoffs continue engulfing the crypto market. Blockchain.com took the latest actions by reducing its workforce by 25%.

22.07 / 11:57

markets Bitcoin Bitcoin Price Dollar Bitcoin traders eye levels to hold as ‘decision time’ looms for BTC price

Bitcoin (BTC) recovered above $23,000 into July 22 as attention increasingly focused on the upcoming weekly close.

22.07 / 09:03

Tesla Treasury Bitcoin Tesla sells majority of Bitcoin after turbulent crypto foray

Tesla Inc. sold a significant chunk of its stake in Bitcoin, an investment that helped legitimize the world’s largest electronic currency. “As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency,” Tesla said in a shareholder letter Wednesday as part of the company’s earnings report. “Conversions in Q2 added $936M of cash to our balance sheet.” The electric-car manufacturer disclosed in February 2021 that it had invested $1.5 billion in Bitcoin, and subsequently sold 10% of its stake that April. Tesla said Wednesday its digital assets have shrunk to $218 million, and that a Bitcoin impairment hurt second-quarter profitability.

22.07 / 08:43

Ethereum ETH Action Bitcoin recovery ETH derivative traders take neutral stance amid recovery- Here’s why

The cryptocurrency market experienced a small recovery phase as it crossed the $1.03 trillion market cap. Two of the leading cryptos, Bitcoin [BTC] and Ethereum [ETH] witnessed a surge in their respective price action over the last seven days.

22.07 / 07:37

cryptocurrency Stablecoin NFT Bitcoin Top Cryptocurrency Prices on July 22: Bitcoin hovers at Rs 18 lakh, Polkadot biggest gainer

Major cryptocurrencies traded in the green early on July 22 as the global crypto market cap increased 1.89 percent to $1.05 trillion over the last day. The total crypto market volume declined 19.36 percent to $76.17 billion over the last 24 hours.

22.07 / 05:53

Investments Terra Usd Bitcoin Bitcoin Price Large institutions sold $5.5B in BTC since May — and we're still here

Since May 10, as much as 236,237 Bitcoin (worth $5.452 billion) has been sold by “large institutions” — mostly as a result of forced selling.

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