Bitcoin Financial News

17.05 / 05:19

Bitcoin price today European Central Bank Bitcoin Bitcoin Price Bitcoin back below $30,000; European regulators renew crypto warnings

European officials reiterated warnings of risks posed by cryptocurrencies.Bitcoin fell 5% to around $29,700 on Monday in Asian trade, sliding alongside stocks because of worries about high inflation and rising interest rates.

17.05 / 00:27

Lowe's Gap Shiba Inu Bitcoin Support Sharing a 98% correlation with Bitcoin, can Shiba Inu hold its key support levels

The dog-themed token has been tumbling after striking the 23.6% Fibonacci resistance. Shiba Inu (SHIB) sellers have denied any substantial bull rallies by keeping the price below the constraints of its EMA ribbons. Meanwhile, the bears triggered a breakdown of the long-term symmetrical triangle. (For brevity, SHIB prices are multiplied by 1000 from here on).

16.05 / 22:37

Ethereum XRP Cardano Bitcoin Price analysis 5/16: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

The selling in Bitcoin (BTC) is showing no sign of abating and Bitcoin has fallen for seven straight weeks for the first time ever. This indicates that the momentum remains strongly in favor of the bears.

16.05 / 21:45

markets defi Bitcoin AIM Support Bitcoin bulls aim to flip $30K to support, but derivatives data show traders lack confidence

Bitcoin (BTC) bounced 19% from the $25,400 low on May 12, but has investor confidence in the market been restored? Judging by the ascending channel formation, it’s possible that bulls at least have plans to recover the $30,000 level in the short term.

16.05 / 21:15

markets Predictions Bitcoin Bitcoin Price analysts Analysts flag Bitcoin price levels to watch after LFG sells 80K BTC

Bitcoin (BTC) needs to hold current levels and work to reclaim higher ones to avoid a crash in the $20,000 range, the latest analysis warns.

16.05 / 21:15

Ethereum Adoption Zcash Terra Luna Bitcoin week Top 5 cryptocurrencies to watch this week: BTC, MANA, MKR, ZEC, KCS

Bitcoin (BTC) has been relatively calm during the weekend as crypto traders try to rebuild the markets after the Terra LUNA debacle. With macro factors not supportive, several analysts expect the recovery to be a slow grind.

16.05 / 20:47

Netflix Eurovision Song Contest NATO Bitcoin Elisabeth Borne appointed as new French Prime Minister

Centrist politician Elisabeth Borne was appointed France’s new prime minister on Monday to become the second woman to hold the post in the country.

16.05 / 19:43

Blockchain Ethereum Bitcoin The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures

B3, the Brazilian Stock Exchange, confirmed that within six months it intends to launch its first official product aimed at the cryptocurrency market — Bitcoin (BTC) futures trading. The group's chief financial officer, André Milanez, made the announcement during a conference call on Monday.

16.05 / 18:33

UPS Fallout Bitcoin Cosmos [ATOM] sees highest daily rally amongst top 30 cryptos, but can it last

As we enter a new week, Bitcoin sat above $30k while Ether was just above $2k. Traders might be keeping their eyes fixed on the performance of the top 10 coins and tokens, but investors are also keeping themselves busy with assets from the top 30 list.

16.05 / 18:33

BTC Extreme Limelight Bitcoin recovery Can Bitcoin’s [BTC] current ‘oversold’ situation trigger a recovery past $30k

Bitcoin, the largest cryptocurrency suffered major limelight into extreme fear territory not seen since the COVID-19 crash. The worst trading day came on 12 May, when BTC slumped from just over $30,000 to its lowest price position since late December 2020 at $25,300.

16.05 / 17:49

Ethereum Altcoins Investing Bitcoin Record Inflows into Bitcoin as 'Safety'-Seeking Investors Buy the Dip; Ethereum Outflows Double

Investors in funds backed by bitcoin (BTC) appear to be taking advantage of the lower prices, adding close to USD 299m to such funds last week, or the most this year, while ethereum (ETH) outflows more than doubled.

16.05 / 17:05

Lowe's Bitcoin NOT Mark Mobius sees bitcoin plunging to $10k: ‘Buy the dip will not work’

Veteran emerging markets investor Mark Mobius has warned investors not to “buy the dip” following the latest crash in bitcoin’s price, predicting a meltdown in the crypto market could drive its price to as low as $10,000 in the coming months.

16.05 / 16:37

Ethereum Eurovision Song Contest NATO Bitcoin Sweden joins Finland in announcing it wants to become a member of NATO

Sweden has announced it wants to become a member of NATO.

16.05 / 15:53

UPS Bitcoin Luna $3 billion in bitcoin was sold in a last-ditch attempt to save UST stablecoin

Investors have been eager to find out what happened to the more than $3 billion in bitcoin bought up by crypto firm Terra to back its failed stablecoin. Now, they've got their answer.

16.05 / 15:37

Ethereum cryptocurrency Eurovision Song Contest Bitcoin Hungary keeping EU 'hostage' over Russian oil ban, Lithuanian minister claims

Despite not being on the official agenda, Brussel's proposed Russian oil embargo was on Monday looming large over a meeting of foreign affairs ministers with accusations some member states are holding the bloc "hostage".

16.05 / 14:29

Ethereum proof-of-work POW Bitcoin Future FTX CEO sees no future in Bitcoin payments, community fires back

Sam Bankman-Fried, the founder of crypto exchange FTX, has criticized the efficiency of Bitcoin (BTC) as a payment network, only to meet heavy backlash from the crypto community.

16.05 / 14:27

Digital DOW Bitcoin Crypto prices are moving in lockstep with traditional markets — here’s what that means for investors

Cryptocurrency prices are moving in lockstep with stocks and bonds like never before, punishing those who bought bitcoin and other digital assets in part to diversify their investment holdings.

16.05 / 14:25

CEO Bitcoin Relai hits €2 million in Crowdcube's first bitcoin-centric raise

The crowdfunded raise, which runs until 20 May, follows an earlier €1.2 million seed round.Julian Liniger, CEO and founder of Relai, says: “This funding round will help us advance our exciting and ambitious product roadmap, and develop things like a bitcoin debit card - which will earn users bitcoin every time they use it.“We’re also going to significantly scale our user base across Europe, and ultimately want to make it possible for everyone, everywhere to buy and save bitcoin in just one minute.”

16.05 / 14:03

Stablecoin Terra Bitcoin compensation Luna Foundation Says Nearly Entire Bitcoin Stack Spent, Promises Compensation to UST Users

The Luna Foundation Guard (LFG), the entity whose task was to maintain the stability of the terraUSD (UST) peg, said it spent nearly all of its bitcoin (BTC) held in reserves to defend UST’s dollar peg as it collapsed. But from what is left, users of the failed stablecoin will be compensated, LFG said.

16.05 / 14:03

Forecast MARKET Bitcoin Halving Bitcoin Bitcoin Halfway to Next Halving – What Can History Teach Us?

Bitcoin (BTC) is halfway to its next halving, and analysts are again coming out with their predictions for how the price will respond this time around. But market reactions to Bitcoin halvings in the past have been difficult to predict, and their results usually take time to materialize.

16.05 / 13:47

cryptocurrency Stablecoin Tether Bitcoin Bitcoin back below $30,000; European regulators renew crypto warnings

Cryptocurrencies resumed their slide on Monday, giving up the gains they had eked out over the weekend, as regulators continued to circle.

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