Bitcoin Financial News

15.06 / 17:51

Blockchain Twitter Bitcoin Move over Web3. Former Twitter CEO Jack Dorsey wants to launch Web5 based on Bitcoin

Web3 has been put forward as the blueprint for the latest version of the Internet but it doesn’t exist yet.

15.06 / 17:37

markets Bitcoin Bitcoin Price Warning Bitcoin bounces 8% from lows amid warning BTC price bottom 'shouldn't be like that'

Bitcoin (BTC) spared hodlers the pain of losing $20,000 on June 15 after BTC/USD came dangerously close to last cycle's high.

15.06 / 17:37

Government Consensus Bitcoin The crypto industry must do more to promote encryption, says Meltem Demirors

“I like to call myself a future, or aspiring, cult leader,” Meltem Demirors, chief strategy officer of CoinShares — a publicly listed investment firm managing around $5 billion in assets — told Cointelegraph.

15.06 / 16:31

markets business cryptocurrency Bitcoin Low Bitcoin falls to fresh 18-month low as crypto meltdown deepens

Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week freezing customer withdrawals.

15.06 / 16:31

markets business cryptocurrency Bitcoin Crypto hedge fund Three Arrows Capital addresses liquidation rumours

Cryptocurrency hedge fund Three Arrows Capital said on Wednesday it was committed to working things out, seemingly addressing social media chatter that it is facing liquidation issues.

15.06 / 14:59

MicroStrategy Moderna Baidu Bitcoin Stocks making the biggest moves premarket: Baidu, MicroStrategy, Moderna and more

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15.06 / 14:01

Adoption Lightning Network lightning Bitcoin network Bitcoin and Lightning Network can save DeFi from adversity: MicroStrategy CEO

In light of the recent fragility in the decentralized finance (DeFi) sector, Bitcoin (BTC) maximalist and MicroStrategy CEO Michael Saylor feels that Bitcoin and the Lightning network can come to the rescue of the DeFi market.

15.06 / 13:49

business Blockchain Tether Bitcoin Lawyers Celsius reportedly seeks advice from lawyers on restructuring

Crypto lending platform Celsius Network (CEL) has onboarded restructuring lawyers from Akin Gump Strauss Hauer & Feld to find potential solutions to the firm's financial woes.

15.06 / 13:47

Bitcoin Why did Jim Rogers wish to buy Bitcoin when it was $1?

Jim Rogers, akin to many other veteran investors, believes that Bitcoin and other crypto assets are all bubble and gamble. The celebrity investors would prefer to stay away from them. A fortnight earlier, Rogers, despite being a vocal critic of the digital asset class, admitted that he wished to buy Bitcoin at dirt cheap price about a decade ago. He made it clear that his sole desire was to make profits. Rogers clarified that he wished to own bitcoin about a decade ago only to book hefty and supernatural profits. «I wish I had bought it (Bitcoin) at $1 or $5 as it went to $60,000-70,000. Everyone had thought the same,» said Rogers.

15.06 / 13:21

Adoption Amazon NASDAQ Bitcoin Bitcoin is the 'Amazon of crypto' and everything else are bets, says Blocktower founder

Ari Paul, the founder of blockchain investment firm Blocktower Capital, weighed in on the bear market, comparing the situation to the tech crash back in the year 2000. Paul likens Bitcoin (BTC) to Amazon, which is one of the companies that survived the market collapse.

15.06 / 12:57

Blockchain cryptocurrency Wall Street Bitcoin As Bitcoin and other cryptos crash, Wall Street watchdog tells laid-off Coinbase staff: Work for us

Cryptocurrency platforms are having a tough time of it, with a number of them laying off swathes of their workforce as digital currencies continue to see their value plummet.

15.06 / 12:57

BTC Booking Bitcoin As Bitcoin Stares at the Psychological Price of $20,000, Will it Hold?

After months of consolidation between the $28K and $32K zone, a bullish or bearish run was imminent and Bitcoin (BTC) has taken the latter route.

15.06 / 12:45

wallet Bitcoin Wallet Bitcoin Bitcoin Price Bitcoin miners' exchange flow reaches 7-month high as BTC price tanks below $21K

Bitcoin's (BTC) price tanked to a 52-week low of $20,800 earlier on Wednesday, down by over 70% from its all-time high of $68,788. Although the price has since recovered above $21,000, key market indicators point toward bears having a significant hold on the current market.

15.06 / 12:07

Ethereum solana BNB Bitcoin Top cryptocurrency prices today: Bitcoin, Ethereum, BNB, Solana zoom up to 6%

Bitcoin and other major crypto tokens eked out minor gains ahead of the US Fed meet outcome but crypto traders remained pessimistic about future price action. Fears that the Bitcoin can drop below $20,000 mark also kept traders on edge. It is believed that the weakness would continue if the global macroeconomic scenario does not improve. Barring the dollar-pegged USD Coin and Tron, the majority of the crypto tokens were trading with gains on Wednesday. Solana gained up to 6 per cent, whereas Ethereum rose 5 per cent. BNB was also 3 per cent up.

15.06 / 11:09

cryptocurrency World News Bitcoin Low Bitcoin tumbles to new 18-month low

Bitcoin fell on Wednesday to a new 18-month low, dragging down smaller tokens with it, as the recent tumble in crypto markets showed no sign of letting up.

15.06 / 10:57

cryptocurrency Bitcoin news Bitcoin Bitcoin Price Bitcoin hovers near MicroStrategy 'margin call' price

cryptocurrency markets on edge. MictroStrategy, an aggressive investor in bitcoin, said it borrowed $205 million from crypto bank Silvergate Capital in March, with the three-year loan mostly secured against some 19,466 bitcoins. If the bitcoin price dropped below about $21,000 that would trigger a «margin call» or a demand for extra capital, MicroStrategy President Phong Le said in webcast in May.

15.06 / 10:53

FIVE CEO coinbase Bitcoin Crypto bear roars: Coinbase to lay off 1100 employees

Coinbase had already put in place a hiring freeze and rescinded a host of accepted job offers.In a blog, CEO Brian Armstrong says: "We appear to be entering a recession after a 10+ year economic boom. A recession could lead to another crypto winter, and could last for an extended period."Armstrong also says that Coinbase has grown "too quickly" from its headcount of 1250 at the beginning of 2021 and the firm now neds to manage expenses and increase efficiency.

15.06 / 10:39

markets Bitcoin Bitcoin Price Biggest Bitcoin exchange inflows since 2018 put potential $20K bottom at risk

Bitcoin (BTC) could be on the verge of a retail major sell-off as exchange inflows spike to almost three-and-a-half-year highs.

15.06 / 09:57

Ethereum cryptocurrency Personal Finance Bitcoin Crypto crash leaves investors in a tizzy. What should their next move be?

The year 2022 has not been a good one for crypto assets, as investors have seen sharp profit booking after a solid rise in 2021. Bitcoin, the cryptocurrency with the largest market capitalisation, closed at around Rs 17.55 lakh on 13 June, 2022 — its lowest level since December 2020 — on growing fears of the US slipping into a recession and in anticipation of rising interest rates.

15.06 / 08:35

Ethereum coinbase Bitcoin Coinbase to cut 1,100 jobs amid turmoil in crypto markets

San Francisco: Cryptocurrency exchange Coinbase Global Inc said on Tuesday it would slash 18% of its workforce, or about 1,100 jobs, as part of efforts to rein in costs amid volatile market conditions. The layoffs come a day after Bitcoin fell as much as 14% after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers, in the latest sign of the financial market downturn hitting the cryptosphere. Coinbase said earlier this month that it would extend its hiring freeze for the foreseeable future and rescind a number of accepted offers.

15.06 / 08:35

cryptocurrency crypto news Bitcoin Bitcoin Rout Enters Deepest And Darkest Phase; Entire Market Underwater

Bitcoin rout hits darkest phase with the entire market underwater

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