Bitcoin Financial News
02.06 / 15:55
Lowe's
Bitcoin
As NEAR slips beneath the $5.5 zone once again, where is it headed next
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.
02.06 / 14:05
business
Adoption
Environment
Bitcoin
Stranded
US energy company opens crypto mining facility in Middle East to use stranded natural gas
As the heated up discussion around the ethical aspects of using fossil fuels in crypto mining remains one of the key topics for the industry, an unexpected partnership between a Denver-based mining company and the government of a gas-rich Middle Eastern country sets a horizon for a positive role of crypto in cutting the fossil fuels waste.
02.06 / 12:33
Ethereum
regulation
Bitcoin
lawmakers
letter
US lawmakers
Community fires back at anti-crypto letter sent to US lawmakers
The increase of crypto lobbyists recently sparked an effort from anti-crypto individuals in the tech space to urge regulators through a letter to resist the influence of blockchain advocates. In response, the crypto community criticized the move and laid out counterarguments against the contents of the letter.
02.06 / 08:41
Ethereum
cryptocurrency
Bitcoin
Bitcoin Drops 6.9% To Below $30,000; Ether Slips 7.5%
Bitcoin dropped 6.9% to $29,555.35 on Wednesday.
02.06 / 08:35
Mining
Hash Rate
Bitcoin
Low
Bitcoin daily mining revenue slumped in May to eleven-month low
Bitcoin mining revenue and profitability have continued to slide along with the asset's price this year as the crypto winter deepens.
02.06 / 05:49
cryptocurrency
Ether
Bitcoin
fall
Cryptocurrency Prices Today June 2: Bitcoin and Ethereum fall sharply
Major cryptocurrencies traded in the red early on June 2 as the global crypto market cap dropped 5.78 percent to $1.24 trillion over the last day. Total crypto market volume over the last 24 hours decreased 12.10 percent to $97.43 billion.
02.06 / 05:39
BLOCK
Reuters
Extreme
Bitcoin
NOT
Explaining why people are buying and NOT buying Bitcoin [BTC]
Bitcoin and cryptocurrencies have been at the center of financial markets in 2022. Extreme volatile trends coupled with aggressive development in the Web 3 space have caught the eyes of many. To further study these trends, Block Inc. recently published a report detailing a survey of 9,500 people across major continents.
02.06 / 04:59
cryptocurrency
World News
Bitcoin
Bitcoin drops 6.9% to below $30,000
Bitcoin, the world's biggest and best-known cryptocurrency, dropped 6.9% to $29,555.35 at 22:03 GMT on Wednesday, losing $2,262.81 from its previous closing price.
02.06 / 03:13
Altcoins
Exchange
Terra
Bitcoin
Upbit Operator Distances Itself from Terra-LUNAC ‘Investment’, Says It Swapped Coins for Bitcoin
Dunamu, the operator of Upbit, South Korea’s biggest crypto exchange, has moved to distance itself from connections with Terraform Labs’ terra (previously LUNA, now - LUNAC) – dismissing notions that its management “may have invested directly” in the Terra network, and labeling reports as “clearly false.” And while previous reports had claimed that a Dunamu subsidiary had invested a large chunk of its founding capital into LUNAC tokens, only to sell the coins off in February last year, the firm stated that it had not liquidated the coins for cash, but had instead swapped them for bitcoin (BTC).
01.06 / 23:53
01.06 / 22:13
ETF
Investments
Bitcoin
Holdings
Canadians buy the dip as Purpose Bitcoin ETF holdings reach new highs
Despite May’s price correction, which took Bitcoin (BTC) as low as $23,800, institutional investors seem unwilling to lose confidence in the cryptocurrency.
01.06 / 21:47
Ethereum
XRP
Cardano
Bitcoin
Price analysis 6/1: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
Bitcoin (BTC) has made a tentative start to the month of June, suggesting that bears have not gone into hibernation just yet. Although Bitcoin is trading nearly 55% off its all-time high of $69,000, whales and institutions remain cautious and have not jumped into the market with gusto according to BlockTrends analyst Caue Oliveira.
01.06 / 21:11
markets
Bitcoin
Bitcoin Price
Bitcoin price risks $29K 'nosedive' as Wall Street opens with fresh losses
Bitcoin (BTC) lost bullish momentum at the June 1 Wall Street open as United States equities faced another day of retracement.
01.06 / 21:11
markets
stocks
Bitcoin
Bitcoin price broke to the upside, but where are all the leveraged long traders?
This week's Bitcoin (BTC) chart leaves little doubt that the symmetrical triangle pattern is breaking to the upside after constricting the price for nearly 20 days. However, derivatives metrics tell a completely different story because professional traders are unwilling to add leveraged positions and are overcharging for downside protection.
01.06 / 21:01
Blockchain
cryptocurrency
BTC
Bitcoin
network
Bitcoin Network
Smart Contract Functionality: A Boon For The Bitcoin Network
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
01.06 / 19:35
Lowe's
Target
Bitcoin
The A to Z of Aave’s buying opportunity over lower timeframes
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer.
01.06 / 18:13
business
Blockchain
Adoption
Bitcoin
Anonymous culture in crypto may be losing its relevance
Crypto has inherited many values that were popularized in the early days of the internet.
01.06 / 18:09
Ethereum
litecoin
goldman sachs
Bitcoin
Binance Labs' USD 500M Investment Fund, FTX's Talks With Goldman Sachs, KuCoin's Wallet + 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.
01.06 / 17:31
Blockchain
coinbase
Kraken
Bitcoin
Kraken CEO defends listing LUNA 2.0: ‘Bitcoin traders don't pay the bills’
The crypto winter has emotions running high. Kraken CEO Jesse Powell came under fire for his defense of listing the new LUNA, also known as LUNA 2.0, which seeks to bring the original LUNA — now known as Luna Classic (LUNC) — and TerraUSD — now known as TerraUSD Classic (USTC) — back from the dead.
01.06 / 16:57
Ethereum
Survey
Square
Bitcoin
NOT
40% of Surveyed Lower-income Individuals Want to Use Bitcoin - Not to Make Money
A report from Jack Dorsey’s Block, Inc. (formerly Square) has concluded that bitcoin (BTC) will play an increasingly large role in the payment and remittance sectors – and that the more people’s peers own BTC, the more likely they are to invest.
01.06 / 16:33
Digital
Chase
Santiment
Bitcoin
Bitcoin [BTC]: Whether it is the dip or the bottom, AUM stats say this
The bears have finally decided to pause their chase and take some rest considering the latest movements in the crypto-market. Bitcoin, of late, has been able to get back its rhythm, with the crypto trading at $31,500 at press time.
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