Bitcoin Financial News

11.05 / 16:33

markets inflation Bitcoin Bitcoin Price US CPI Bitcoin falls back under $30K while 8.3% US CPI shows signs inflation has peaked

Bitcoin (BTC) dropped by $1,500 in minutes on May 11 as the latest United States inflation data delivered mixed sentiment on the economic outlook.

11.05 / 16:33

business Adoption retail Bitcoin Rising global adoption positions crypto perfectly for use in retail

Even though the cryptocurrency market seems to be going through a bit of a lull at the moment, there’s no denying the fact that the industry has grown from strength to strength over the last few years, especially from an adoption perspective.

11.05 / 16:31

Ethereum CoinMarketCap Bitcoin Trading volumes jump in India as bitcoin crashes to $30,000

Mumbai: Indian investors who jumped on to the cryptocurrency bandwagon in droves in 2021 are extending their losses in the continuing meltdown in digital currencies as the bears tighten their grip on the market. At 5 PM IST, on CoinMarketCap, the global crypto market cap stood at $1.45 trillion, a 3.56 % decrease over the last 24 hours. The world’s most dominant cryptocurrency, Bitcoin, dropped below $30,000 and touched a 52-week low on Monday. It was trading at $31,350 at 5 pm IST on Tuesday. Bitcoin has been dropping ever since it touched an all-time high of $68,789.63 in November. Similarly, altcoins popular with Indian investors declined sharply.

11.05 / 16:03

Ethereum Adoption SEC Bitcoin Industry experts weigh in on SEC hiring more crypto cops

The United States Securities and Exchange Commission (SEC) is seeking to hire more people to focus on digital assets, raising the number of personnel charged with safeguarding investors in cryptocurrency markets by almost twofold.

11.05 / 15:37

Ethereum economics Bitcoin US Inflation for April Hits 8.3%, Slightly Above Expectations

US inflation hit 8.3% in April, down from a peak of 8.5% the month before, but still above expectations, new data from the US Bureau of Labor Statistics show.

11.05 / 13:17

markets Ethereum cryptocurrency Bitcoin Financial Bitcoin below $30,000: Is the crypto crash threatening the financial system?

Bitcoin fell briefly below $30,000 (€28,427) for the first time in 10 months on Tuesday, according to data site CoinMarketCap, while cryptocurrencies overall have lost nearly $800 billion (€758 billion) in market value in the past month as investors fret about tightening monetary policy.

11.05 / 12:39

Blockchain BTC Digital Bitcoin Assets favoring long BTC still far outweigh short BTC products, but problem is…

The cryptocurrency market has witnessed a massive sell-off this week. Over $3.15 billion in the value passed in or out of exchanges, with a net bias towards inflows, which accounted for $1.60 billion (50.8%). In fact, this recorded the largest aggregate exchange-related volume peak since October last year.

11.05 / 12:25

markets Stablecoin Bitcoin Bitcoin Price Terra ‘rescue plan’ still at large as LUNA falls below $5, Bitcoin spikes to '$138K' in UST

Panic appeared to set in on crypto markets overnight on May 11 as Blockchain protocol Terra failed to steady its bleeding cryptoassets.

11.05 / 12:23

Lowe's Bitcoin Luna Controversial stablecoin UST — which is meant to be pegged to the dollar — plummets below 50 cents

In this article

11.05 / 11:05

cryptocurrency Digital CryptoExplainer Bitcoin Financial Could Recent Crypto Crash Hurt Global Financial System?: Report

Does the cryptocurrency crash pose a threat to the financial system?

11.05 / 10:01

NASDAQ Stock indices coinbase Bitcoin fall Coinbase says it is bleeding users as Nasdaq and bitcoin continue to fall

The biggest cryptocurrency exchange in the US said it was bleeding users, reflecting continued destruction in the crypto market and investors’ unease about risky assets.

11.05 / 09:03

cryptocurrency Bitcoin Bitcoin price: What the crypto crash means for investors

Lionel Laurent

11.05 / 08:05

business Ethereum Tether Bitcoin Indie Russian news firm raises $250K in crypto after sanctions cripple finances

A Russian independent news company has raised more than US$250,000 in cryptocurrency donations from supporters in order to continue reporting independent news under a barrage of Russian government propaganda and censorship.

11.05 / 07:45

Investments Media Bitcoin New York digital media company the latest to add Bitcoin to balance sheet

Townsquare Media, a New York based digital marketing and radio station company is the latest business to back the original cryptocurrency with its addition of $5 million worth of Bitcoin (BTC) to its balance sheet.

11.05 / 07:43

cryptocurrency coinbase Bitcoin Crypto Exchange Coinbase Down Over 70% Since Listing, More Pain Ahead

Coinbases results came amid a sell-off of speculative assets from stocks to crypto across global markets.

11.05 / 07:33

cryptocurrency crypto news Bitcoin market value Crypto assets shed $800 bn in market value in a month

Crypto assets bled nearly $800 billion in market value over the past month, touching a low of $1.4 trillion on Tuesday, according to data site CoinMarketCap, as the end of easy monetary policy diminishes appetite for risk assets.Bitcoin, which makes up for nearly 40% of the crypto market, hit a 10-month low earlier on Tuesday, before rebounding to $31,450, just six days after touching $40,000. It was more than 54% below its Nov. 10 all-time high of $69,000. Digital asset prices have slumped, mirroring a plunge in equities on fears of aggressive interest rate hikes across the globe to stave off decades-high inflation. The tech-heavy Nasdaq was down 28% from its November 2021 record high.

11.05 / 06:17

Dogecoin UPS Lowe's Bitcoin Doge Dogecoin’s price slips back after a fakeout, what’s next for investors

Dogecoin’s price, unlike a lot of altcoins, seems to be holding above its support levels despite the nasty market crash since 5 May. The crash pushed DOGE inside its bullish setup, where it awaits a breakout.

11.05 / 04:33

Ethereum ETH Action Bitcoin Ethereum: History doesn’t repeat but rhymes as ETH appears poised for…

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

11.05 / 02:45

Waves Lowe's Bitcoin UST goes rogue, but Neutrino USD [USDN] ‘depeg(s)’ a different story

As Bitcoin crashed below the $32k support level, panic took hold of the market and alt coins began to violently plunge as well. This time, even the stablecoins were not spared as TerraUSD [UST] dropped as low as $0.6879, and was trading at $0.9006 at press time. This understandably caused quite a FUD storm, as a top ten stablecoin losing its stability isn’t something you see every day.

11.05 / 00:29

SUN Bitcoin TRON: Decoding the odds of TRX defeating the market trend

If the crypto market was looking a little red before, at press time it was closer to the blood-gushing elevator scene from The Shining. With Bitcoin trading at $31,720.36 and Ether changing hands at $2,368.71 it’s natural that both Bitcoin and altcoin holders are panicking at the moment. However, one coin seems to be holding its own amidst all the turmoil – for now, at least.

10.05 / 23:15

markets stocks Bitcoin Altcoins stage a relief rally while Bitcoin traders decide whether to buy the dip

The similarity in price action between the crypto market and traditional financial markets remains quite strong on May 10 as traders enjoyed a relief bounce across asset classes following the May 9 rout which saw Bitcoin (BTC) briefly dip to $29,730.

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