Bitcoin Financial News
21.06 / 06:09
Yen
Bitcoin
Extrapolating crypto market crash to equities
Bitcoin, widely believed to be the hedge against the incessant currency printing by the central banks, has collapsed by over 70 per cent in under six months. Well, given that much of the advertising airspace during the last cricketing event in India was taken up by the upcoming coin exchanges, you probably know that cryptocurrencies have crashed.
21.06 / 05:17
Digital
Bitcoin
Aviva Investors warns of bitcoin ‘spill-over’ risk to other asset classes
Aviva Investors, the asset management arm of the UK-listed insurer, is keeping a close watch on bitcoin and other digital assets for potential spill-over risks into other asset classes, as the market braces for a so-called “crypto winter”.
21.06 / 03:21
wallet
Legal
Bitcoin
South Korean Court Exonerates Bitcoiner Who Received BTC 200 by Mistake
A bitcoin (BTC) wallet owner who received almost BTC 200 (USD 4.16m) by accident has been absolved of blame by a branch of the South Korean High Court, which overturned two previous rulings in doing so.
21.06 / 03:07
Lowe's
Target
Bitcoin
How MATIC traders can make the most out of this pattern’s break
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.
21.06 / 00:51
BTC
Lowe's
Bitcoin
Here’s Bitcoin miners’ plan to survive the crypto-crisis (to make ends meet)
Bitcoin [BTC]‘s ongoing bearish streak has significantly affected not just holders, but even miners. Bitcoin miners turned into net sellers of Bitcoin, with miner inventories dropping to new lows. Miners might not necessarily turn bearish “en masse,” although some did look to offload excess inventory. Or, is it really the case?
21.06 / 00:38
ETH
BTC
ETF
Bitcoin
‘Expect pockets of forced BTC, ETH selling as market figures who’s swimming naked’
The crypto-market is finally at the end of much-needed relief after an intense sell-out period, or rather months. In the last 24 hours, Ethereum [ETH] rose by 14%, Bitcoin [BTC] rose by 11%, and the liquidation amount did fall to around $315 million.
21.06 / 00:37
Netflix
Bank of America
Bitcoin
Time
Bitcoin futures enter backwardation for the first time in a year
Bitcoin's (BTC) month-to-date chart is very bearish, and the sub-$18,000 level seen over the weekend was the lowest price seen since December 2020. Bulls' current hope depends on turning $20,000 to support, but derivatives metrics tell a completely different story as professional traders are still extremely skeptical.
20.06 / 22:53
Lowe's
Platform
Bitcoin
PGIM
Amundi and PGIM warn of crypto winter: ‘This crash feels different’
Cryptocurrency traders are bracing for more turmoil after a market meltdown claimed more than 1,000 jobs and put the industry on the brink of a ‘crypto winter’.
20.06 / 22:29
Ethereum
XRP
Cardano
Bitcoin
Price analysis 6/20: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
The crypto markets have been in a strong bear phase for the past several months but JPMorgan Chase analysts expect that to change and they havprojected a significant upside from the current levels. The analysts cited the rising share of all stablecoins in the total crypto market for their bullish outlook.
20.06 / 21:21
business
Bitcoin
Power
Iranian government to cut power supply for the country's legal crypto mining rigs
According to local news outlet Arz Digital, the day prior, Rajabi Mashhadi, a spokesperson for Iran's Ministry of Energy, said that the entity would be cutting power supply to all of the country's licensed crypto mining firms by the beginning of July.
20.06 / 21:21
ETF
Investments
Bitcoin
Holdings
More 'forced selling' ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever
Canada's Purpose Bitcoin ETF (BTCC) witnessed its Bitcoin (BTC) holdings slashed by half in just one day, suggesting an alarmingly waning buying sentiment among the crypto's most-experienced investors.
20.06 / 20:42
regulation
education
economy
Bitcoin
Market crash
play
Why the crypto market crash may play in Bitcoin's favour
Natalie Brunell, the host of Coin Stories podcast, thinks that the recent incidents involving Terra and Celsius and the following market sell-off will lead to regulatory action that will likely favour Bitcoin over the rest of cryptocurrency.
20.06 / 20:41
business
ETF
Bitcoin
ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K
The firm behind one of the first Bitcoin futures-linked exchange-traded funds in the United States will give investors a new vehicle to bet against the price of the cryptocurrency.
20.06 / 20:09
20.06 / 19:21
Google
Bitcoin
Bitcoin Price
Time
‘Bitcoin dead’ Google searches hit new all-time high
Collapsing Bitcoin (BTC) prices are reviving renewed speculation about the demise of the leading cryptocurrency, according to Google search trends.
20.06 / 18:55
ETF
economics
Bitcoin
NOT
First Short Bitcoin ETF in US, FATF Not Happy With VASPs, Inactivity Fee on Bitstamp + 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.
20.06 / 18:14
markets
Predictions
Bitcoin
Bitcoin Price
Support
BTC price recovers to 3-day highs as new whale support forms at $19.2K
Bitcoin (BTC) held steady at the June 20 Wall Street open as nervous traders waited for a short-term trend decision.
20.06 / 17:11
business
Stablecoin
Bitcoin
Record stablecoin market share points to crypto upside: JPMorgan
The rapid surge in share of stablecoins like Tether (USDT) in the cryptocurrency market may point to an upcoming crypto upside, according to analysts at the American investment bank JPMorgan Chase.
20.06 / 15:55
COST
Ethereum
Citizens
Bitcoin
Crypto-miners in Iran face blackout fears after latest diktat
Iranian authorities have announced that crypto-miners operating in the country will be cut off from electricity by 22 June. According to a report in the Tehran Times, the government has decided to ensure that citizens have enough electricity. Mostafa Rajabi Mashhadi, a spokesman for the Iranian Energy Ministry, indicated that the Asian country expects a greater rate of energy use starting next week.
20.06 / 14:43
Adoption
Bitcoin
Bitcoin Price
Bitcoin mints more than 13,000 'wholecoiners' in the past seven days
Bye-bye bear market blues; welcome to the network, Bitcoin (BTC) believers. Over the past week, the number of Bitcoin wallet addresses containing one BTC or more increased by 13,091. The total number of “wholecoiners” surged to 865,254.
20.06 / 14:21
cryptocurrency
Digital
Bitcoin
Bitcoin Rebounds After Sharp Plunge, Climbs 7.6% to Pass $20,400
Bitcoin is now up 16.7% from this year's low of $17,592.78 on June 18.
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