Bitcoin Financial News

13.05 / 00:27

regulation Court Bitcoin rights Shanghai court affirms that Bitcoin is virtual property, subject to property rights

The Shanghai High People’s Court has issued a document in which it states that Bitcoin is subject to property rights laws and regulations. That finding was made in relation to a lawsuit filed in a district court in October 2020 involving the recovery of a loan of 1 Bitcoin (BTC). The lower court recognized Bitcoin as having value, scarcity and disposability, and therefore being subject to property rights and meeting the definition of virtual property.

12.05 / 23:31

Ethereum Adoption Investing Bitcoin fall Google Searches Show Increased Interest in Buying Bitcoin & Ethereum as Prices Fall

Data by Google Trends suggests that there is an increase in interest among people who seek to buy top cryptoassets like bitcoin (BTC) and ethereum (ETH) as prices hit multi-month lows.

12.05 / 23:21

Blockchain NASDAQ Bitcoin Nasdaq partners with XP to launch cryptocurrency exchange in Brazil

XP informed Cointelegraph that XTAGE will launch in Q2 2022 and will be fully integrated into the XP Inc ecosystem — the largest investment brokerage in Brazil with more than 3.5 million clients and $168 billion assets under custody.

12.05 / 23:21

markets business coinbase Bitcoin Drop Crypto-associated stocks hammered as COIN and HOOD drop to record lows

Bad news continues to dominate crypto media headlines and today's juiciest tidbit was the unexpected collapse of the Terra ecosystem. In addition to the weakness seen in equities, listed companies with exposure to blockchain startups and cryptocurrency mining have also declined sharply.

12.05 / 22:47

BTC Lowe's Tesla Bitcoin 2020 Bitcoin reaches lowest point since Dec 2020; here’s what to expect

On 12 May, BTC dropped to its lowest valuation of $26,350 since December 2020. There is an uncanny resemblance between this crash with the mid-season crypto breakdown in May-June 2021.

12.05 / 22:43

Government Blockchain Ethereum Bitcoin guidelines Germany outlines favorable tax guidelines, gains on BTC and ETH sold after a year tax-free

The Federal Ministry of Finance (BaFin) published a 24-page document on Tuesday outlining clear income tax rules for cryptocurrency and virtual assets. Tax practitioners, businesses and individual taxpayers now have clear direction on the tax requirements for acquiring, trading and selling cryptocurrencies.

12.05 / 21:49

markets stocks Federal Reserve Bitcoin Bears AIM 3 reasons why bears aim to pin Bitcoin below $30K for this week’s BTC options expiry

Investors were surprised by Bitcoin (BTC) price falling to $25,500 on May 12, and this shock extended to options traders. The strong correction was not restricted to cryptocurrencies and some large-cap stocks faced 25% or heavier weekly losses in the same period.

12.05 / 21:25

cryptocurrency Money Bitcoin Financial Terra Luna stablecoin collapse: Is this the 2008 financial crash moment of cryptocurrency?

So-called stablecoins are sending shockwaves through the cryptocurrency markets, wiping billions off their value and causing liquid cryptos such as Bitcoin to crash.

12.05 / 20:51

Binance Tether coinbase Bitcoin end Two Clues for When Bitcoin Downturn Might End

As the crypto market crash continued on Thursday, analysts told Cryptonews.com that traders should keep a close eye on the bitcoin (BTC) price on Coinbase, as well as tether’s (USDT) progress towards getting back to its dollar peg, for clues about when the worst selling pressure might end.

12.05 / 20:17

business Ethereum Adoption Bitcoin How long will the crypto bear market last? Raoul Pal's macro analysis

Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the Fed eases its hawkish monetary policy by halting interest rate hikes. That could happen in the next couple of months, according to Pal's predictions.

12.05 / 20:17

BTC Lowe's FIVE Bitcoin NOT Bitcoin- Buy the dip or not? Your guide to the bear market

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

12.05 / 20:13

markets Altcoin Bitcoin Bitcoin Price Penny Bitcoin could target $32K, says trader as LUNA crashes below one penny

Bitcoin (BTC) bulls demanded a rematch of $30,000 later on May 12 as the market recovered from its lowest levels since late 2020.

12.05 / 19:31

Blockchain Ethereum Provident Bitcoin GEMTRX - Perfected Cloud Mining Now Stands Alongside Other Mining Such as Bitcoin and Ethereum

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

12.05 / 18:43

Crime Galaxy Digital Bitcoin Cryptoqueen Buyback Most Wanted 'Cryptoqueen', Galaxy's Buyback, Delayed CBDC + 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.

12.05 / 18:23

Progressive Tether USDT Bitcoin As TerraUSD [UST] careens out of control, is Tether [USDT] headed the same way

When the market crashes, investors usually watch Bitcoin with frantic eyes – but everything is different this time. A Terra-fying saga is in progress, which saw Terra [LUNA] lose more than 95% of its value in a day to trade at $0.1194 at press time. If that wasn’t painful enough, the stablecoin TerraUSD [UST] was changing hands at $0.6079 around press time.

12.05 / 18:11

UPS CEO Platform Bitcoin CoinEx Financial CoinEx CEO: Breaking Financial Shackles & Making Crypto Trading Easier

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

12.05 / 17:59

Ethereum solana cryptocurrency price today Bitcoin Print Edition

The unstable algorithms of 'stablecoins' are hurting the crypto market sentiments, while the US dollar-pegged tokens are getting 'depegged' and dragging the market lower. Other than this, rising inflation numbers across the globe are worrying investors over the looming economic slowdown. Russia's unprovoked attack on Ukraine has just added to the woes.

12.05 / 17:27

Bitcoin Crypto is imploding — here’s all you need to know

Bitcoin — and cryptocurrencies in general — are synonymous with volatility. So the wild swings of the past week might come as little surprise.

12.05 / 16:47

Provident Bitcoin 27 Must-know Facts About Bitcoin (Infographic)

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

12.05 / 15:13

Ethereum MARKET Bitcoin Bitcoin Dominance Rises as ETH/BTC Breaks Down

The bitcoin (BTC) dominance – bitcoin’s share of the overall crypto market capitalization – has risen sharply over the past two days, as the price of ethereum (ETH) has broken lower against BTC.

12.05 / 14:39

BTC Lowe's Bitcoin Bitcoin: Crypto market bloodbath ranges on as BTC touches $26k range

As Bitcoin to a new low, other cryptos also plunged likewise including Ethereum, Solana, and Ripple. The market cap of the crypto industry even fell to $1.37 trillion representing the plight of investors.

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