Bitcoin Financial News

24.05 / 20:37

UPS BTC Bitcoin With Bitcoin below $30K, here’s the new metric you should watch instead

At the time of writing, Bitcoin was trading at $29,379.94 after falling by 2.58% over the past 24 hours and decreasing by 3.10% over the week. Those using the opportunity to buy the dip while they can and stack sats should probably look up for a second as a new milestone was hit recently.

24.05 / 20:37

BTC NASDAQ Action Bitcoin Putting Bitcoin’s close relationship with S&P500 to test- Here’s the outcome

Bitcoin is often described as an alternative to Gold. Although, BTC’s historical price action might suggest a different scenario. Over the years, the king coin remained more closely related to stocks or the equity sector. Now the question is- Given the current bloodshed, would this relationship sustain in the future?

24.05 / 19:51

Ethereum ETF Cardano Bitcoin Drop Low NOT Crypto funds under management drop to a low not seen since July 2021

Digital asset investment products saw $141 million in outflows during the week ending on May 20, a move which reduced the total assets under management (AUM) by institutional funds down to $38 billion, the lowest level since July 2021.

24.05 / 18:31

Ethereum Lowe's Bitcoin Ethereum Classic [ETC] rises upward, but could it be a bull trap

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

24.05 / 17:57

Government Stablecoin Bitcoin regulatory Enforcement and adoption: What do UK’s recent regulatory aims for crypto mean?

In April, the United Kingdom’s Economic and Finance Ministry, also known as Her Majesty’s Treasury, announced its intention to put the United Kingdom at the forefront of technology by bringing stablecoins under the country’s payments regulation — a bold move that looks especially intriguing in contrast to the recent shock, caused by TerraUSD’s (UST) depegging.

24.05 / 17:57

markets Ethereum Bitcoin Bitcoin Price US stocks Returns Weekly Bitcoin price returns to weekly lows under $29K as Nasdaq leads fresh US stocks dive

Bitcoin (BTC) fell on the May 24 Wall Street open as weakness in stocks saw sell-side pressure return.

24.05 / 17:33

UPS Waves Lowe's XRP Bitcoin XRP, VeChain, and WAVES Price Analysis: 24 May

As Bitcoin glided near its high liquidity range in the four-hour timeframe for the last 12 days, the market abstained from high volatility. The broader sentiment still lurked around the ‘extreme fear’ zone.

24.05 / 17:17

markets Bitcoin Bitcoin Price Support Bitcoin price may bottom at $15.5K if it retests this lifetime historical support level

Bitcoin (BTC) could be in for a return to levels not seen since before its 2020 bull market if history repeats itself.

24.05 / 17:17

Miami Bitcoin Regulation Bitcoin Bitcoin Price WEF 2022: Bitcoin should be seen from an innovation perspective, says Miami mayor

Miami mayor Francis Suarez believes that Bitcoin (BTC) should be seen from an innovation perspective rather than just as an investment asset.

24.05 / 16:55

Adoption Africa Bitcoin Central African Republic to launch official crypto hub ‘Sango’

Shortly after approving Bitcoin (BTC) as legal tender in the Central African Republic (CAR), the local government is moving to provide the digital currency infrastructure.

24.05 / 16:55

business Blockchain Stablecoin Bitcoin WEF 2022: Blockchain community breaks stereotypes at Davos

On the second day of Global Blockchain Business Council's (GBBC) Blockchain Central Davos 2022, Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a panel discussion focusing on the direction that the financial industry is going.

24.05 / 16:21

Adoption regulation Bitcoin play El Salvador’s Bitcoin play: What does the current slump mean for adoption?

It was September 6, 2021, when the Central American nation of El Salvador decided to go ahead and purchase 200 Bitcoin (BTC), worth about $10.3 million at the time. The day was hailed as momentous in the history of the crypto market and was met with much fanfare. In fact, many proponents claimed that the purchase was just an inkling of what really lay ahead in terms of a global crypto-driven economy.

24.05 / 16:21

markets Bitcoin Bitcoin Price Time Bitcoin dives to fill CME gap amid claim new all-time highs will take 2 years

Bitcoin (BTC) stuck to "rangebound movements" into May 24 as price action avoided expected volatility.

24.05 / 16:21

business regulation Bitcoin Russia's updated crypto mining bill cuts tax amnesty for Bitcoin miners

In less than a month, the draft of a crypto mining bill in the Russian parliament has lost several key points, such as the obligation for mining operators to join a special registry and a one-year tax amnesty for all those who've registered. As the reasoning goes, the previous draft would lead to federal budget losses.

24.05 / 15:39

BTC Digital Extreme Bitcoin Cardano, Polkadot saw baffling inflows while AuM touched its toes

Cryptocurrencies still remain weak in light of the immense bloodshed after the dramatic crash of the stablecoinTerraUSD. This sudden fall triggered a sell-off and chaotic situation within the crypto market. Despite the traumatic turn of events, investors have managed to maintain some faith in digital assets.

24.05 / 15:39

Lowe's Extreme Bitcoin Polkadot, TRON, Loopring Price Analysis: 24 May

Bitcoin rose to $30.6k the previous day but slumped to the $29k mark, as the crypto market remained divided in its longer-term bias. The past few days have seen some of the altcoins, such as Polkadot and Loopring, rally. It remains to be seen if the demand and the short-term uptrend can continue.

24.05 / 15:35

Bitcoin The Fintech Files: Kalifa’s rallying cry, pro traders pick bitcoin and Klarna to axe jobs

A little over a year ago, Ron Kalifa's review into Britain’s fintech scene landed – and it caused quite a stir. The former chief of payments processing giant Worldpay used the report to suggest how the government and regulators could “retain the UK’s fintech crown” (Rishi Sunak’s words, not ours).

24.05 / 13:57

Platform Bitcoin Pro traders flocked to bitcoin in crypto crash amid ‘flight to quality’

Bitcoin's recovery from the brutal sell-off which wiped billions from the crypto market shows the resilience of the cryptocurrency.

24.05 / 13:35

Provident BTC Bitcoin Long-Term Hodlers Remain Unfazed, Despite Bitcoin’s Sentiment Hitting Rock Bottom

As Bitcoin (BTC) stagnates between the $29K and $30K levels, sentiment about the leading cryptocurrency has nosedived to levels last seen during the onset of the Covid-19 pandemic in March 2020.

24.05 / 13:05

Stablecoin Citigroup Bitcoin NOT IMF Chief Speaks of Crypto ‘Pyramid’ Concerns – But Also ‘Begs’ Not to Abandon Crypto Progress

The head of the International Monetary Fund (IMF) has waded into the terra (LUNA) and UST fallout – seemingly labeling the project a “pyramid,” while also urging regulators to consider the “importance” of the world of crypto and central bank digital currencies (CBDCs).

24.05 / 11:55

business Blockchain Adoption Bitcoin Updates WEF 2022, May 24: Latest updates from the Cointelegraph Davos team

Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest update is placed at the top).

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