Bitcoin Financial News

06.07 / 21:11

Ethereum Remark Arrow Bitcoin Ethereum ‘believer’ now claims crypto has ‘no real value’

Jim Cramer is in the news again after criticizing the cryptocurrency market once more. In fact, he called it a market of “no real value,” while also forecasting additional market declines. The former hedge fund manager criticized the industry’s chronic liquidity shortage on CNBC’s Squawk Box on Tuesday. He also took a shot at the insolvency of significant companies like Celsius Network and Three Arrows Capital.

06.07 / 19:35

Ethereum VanEck proof-of-work Bitcoin Mining Difficulty Ethereum's Step Towards PoS, Bitcoin Mining Difficulty, Binance's BTC Trading Fee Move + 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.

06.07 / 18:37

BTC Lowe's Bitcoin Identifying what’s stopping Bitcoin [BTC] from climbing the charts

The early morning bulls of 6 July are helping Bitcoin [BTC] retain its position above $20,000. This can be considered as another step in the upwards trajectory for the BTC token. However, investor confidence is at a low after the worst Bitcoin performance in a month since 2011. Where does Bitcoin head from here amid speculation of a recession?

06.07 / 18:29

markets ETF Bitcoin Bitcoin Price World's first short Bitcoin ETF sees exposure explode 300% in days

Bitcoin (BTC) remains a popular institutional investment target in July, but the money is not betting on a bright future.

06.07 / 18:17

Kucoin Platform Strategy Bitcoin Trading Euros for Bitcoin or ETH is Now Possible on KuCoin

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

06.07 / 17:47

business Blockchain Adoption Bitcoin What does a bear-market ‘cleanse’ actually mean?

In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.

06.07 / 17:29

stocks Bitcoin Bitcoin Price Drop BTC Miners Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners' revenue

Bitcoin (BTC) mining companies have suffered in 2022 due to the crypto bear market. Nonetheless, their stocks collectively saw a sharp rebound on July 6, raising hopes that investors have started to buy the dips.

06.07 / 17:23

Bitcoin FTX irks exchanges by pushing for crypto derivatives

The cryptocurrency exchange FTX is seeking a green light from regulators to let individual investors use derivatives to place leveraged bets on bitcoin, a move opposed by rivals.

06.07 / 17:15

business Technology security Bitcoin centralized exchanges Hardware crypto wallet sales increase as centralized exchanges scramble

Blockchain analysis firm Glassnode recently characterized the 2022 bear market as the worst on record. This seems to be the case due to events such as the war in Ukraine and rising inflation, coupled with serious problems among centralized crypto exchanges.

06.07 / 17:15

Adoption Bitcoin El Salvador's Bitcoin wallet Chivo scores $52M in remittances in 2022

Salvadorans living abroad hsent over $50 million in remittances from January to May this year, according to the El Salvador Central Reserve Bank.

06.07 / 17:15

Adoption Food Bitcoin Bear market delivery! Bitcoiner rejoins DoorDash to buy more BTC

What did you do in the 2022 bear market, anon? For one Bitcoiner, the opportunity to take on a second job to “stack sats” (buy more Bitcoin (BTC)), was too great. Isaiah, the founder of the Cleveland Bitcoin Meetup, is delivering food to Ohio residents to earn cash on the side.

06.07 / 16:07

Bitcoin FTX irks exchanges by pushing for crypto derivates service

The cryptocurrency exchange FTX is seeking a green light from regulators to let individual investors use derivatives to place leveraged bets on bitcoin, a move opposed by rivals.

06.07 / 15:57

Adoption Survey Bitcoin Majority of British crypto owners revealed to be hodlers: Survey

An average crypto asset holder in Great Britain would be young, male and hodler. And they would consider crypto to be a ‘fun investment.’ Such are the findings from the fresh research, conducted by Her Majesty Revenue and Customs (HMRC) with the help of research agency Kantar UK and published on Tuesday.

06.07 / 14:37

business Adoption Bitcoin Customers 85% of merchants see crypto payments as a way to reach new customers: Survey

While the market goes steady, the crypto ecosystem continues to grow as merchants innovate and adopt cryptocurrency payments in their quest to gain new customers.

06.07 / 14:13

Adoption Zebpay Taxes Bitcoin Indian Crypto tax deters 83% Indian investors from crypto trading: WaxirX report

The implications of what anti-crypto regulations can do to a thriving economy can be seen first-hand unfolding in India. Supporting the massive decline in trading volumes across all Indian crypto exchanges, a report from WazirX reveals a change in investor sentiment as the Indian government imposed its second crypto law — a 1% tax deduction at source (TDS) on every crypto transaction.

06.07 / 12:15

markets Bitcoin Bitcoin Price Dollar Bitcoin price approaches potential springboard to $23K as DXY cools surge

Bitcoin (BTC) approached the July 6 Wall Street open near $20,000 as a fresh battle between support and resistance loomed.

06.07 / 11:43

cryptocurrency Stablecoin Bitcoin Crypto lender Voyager Digital seeks bankruptcy protection

Crypto lending platform Voyager Digital has filed for Chapter 11 bankruptcy in New York, proposing a reorganisation plan days after it suspended trading, deposits and withdrawals.

06.07 / 10:07

Ethereum coinbase Research Bitcoin risk profile Risk profile of crypto markets similar to oil and tech: Coinbase

Despite some touting crypto as a hedge against traditional markets, digital assets today share a similar risk profile to commodities such as oil and gas, and tech and pharmaceutical stocks, according to analysis from Coinbase’s chief economist.

06.07 / 08:29

cryptocurrency Digital Bitcoin US States Shelve Plans To Accept Bitcoin Tax Payments Amid Crypto Crash

Bitcoin alone has plummeted more than 70% since November 9.

06.07 / 07:13

Bitcoin prices Deutsche Bank Bitcoin Deutsche Bank sees Bitcoin at $28K! Is 40% rally possible amid slumber?

Deutsche Bank have forecasted a strong upside in the Bitcoin by the end of the current calendar. The International lender has a target of $28,000 for Bitcoin, signaling an upside of 40 per cent the largest crypto token. Bitcoin saw the April-June 2022 period as the worst quarter in the last one decade, thanks to deteriorating macroeconomic conditions across the globe. The report from Deutsche Bank provides an interesting perspective on the medium-term outlook for Bitcoin and suggests that cryptocurrency markets have mirrored movements of the Nasdaq 100 and S&P 500 since late 2021.

06.07 / 07:13

cryptocurrency Bitcoin price today crypto prices Bitcoin Bitcoin Down Cryptocurrency Prices Today July 6: Crypto market in red, Bitcoin down 2%, Polkadot biggest loser

Major cryptocurrencies traded in the red early on June 6. The global crypto market cap declined 1.78 per cent to $893.50 billion over the last day. The total crypto market volume over the last 24 hours is $64.77 billion, which makes a 16.92 per cent increase.

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