Bitcoin Financial News

Exchanges have long been more than just trading platforms: they’ve been used for fundraising, marketing promotion, brand exposure and more. Cointelegraph talked to Katherine Deng, VP of MEXC and founder of MEXC Pioneer, about the true role crypto exchanges are playing in the current crypto market and what else they can be doing.

Cryptocurrency exchange Bybit announced last Friday the launch of leveraged token products.

The cryptocurrency market is witnessing an increase in women users, according to a report from BTC Markets.

Lightning Labs’ Taro has caught the attention of many Bitcoin enthusiasts for the potential it has and what Lightning Labs are selling, stating Taro will help in Bitcoin-izing the dollar since Bitcoin will be used as liquidity on the network.

The Australian computer scientist Craig Wright may have to return to court to defend claims that he did not steal bitcoin (BTC) holdings from his former friend/partner Dave Kleiman, who died in 2013.

Peter Thiel has led a chorus of bitcoin fans slamming ESG as a "hate factory" and the enemy of crypto.

Bitcoin (BTC) starts the second week of April with a whimper as bulls struggle to retain support above $40,000.

Crypto investment company Ark Invest founder, Cathie Wood, has dumped all of the firm’s holdings of PayPal and showed greater confidence in the long-term growth of the Cash App payment system which uses the Bitcoin Lightning Network.

Cryptocurrencies traded in the red early on April 11. The global crypto market cap is $1.93 trillion, a 2.86 percent decrease over the last day. The total crypto market volume over the last 24 hours is $64.24 billion, which makes a 15.79 percent increase.

Bitcoin briefly dropped below its 50-day moving average, sliding back further into the range in which it has traded this year.

Over the weekend, the cryptocurrency market recorded over 2% decrease in its total market capitalization as most coins suffered a correction. Bitcoin traded close to its $42,000 support level after trading above the $43,000 mark for a while on Friday. Similarly on Friday, Ethereum also declined by almost 4%.

The Miami Bitcoin conference wrapped up on 9 April with the largest Bitcoin gathering of over 35,000 attendees. The conference saw a lot of different price predictions from the Bitcoin protagonists. One such personality was Peter Thiel the co-founder of PayPal. With immense faith, he remains convinced about Bitcoin’s potential to rise 100x by the second quarter of 2023.

Bitcoin (BTC) dropped from a high of $47,200 on April 5 to a low of $42,107 on April 8, indicating possible selling by short-term traders who may have preferred to lock in their profits. However, the price action is still stuck in a tight range during the weekend, indicating that supply and demand are in balance.

Bitcoin (BTC) prepared for its lowest weekly close of the month so far on April 10 after a week of disappointing losses.

Whatever you prefer to call it — crypto, blockchain or Web3 — this new segment of the digital economy is booming across Africa. If you’ve been sleeping on the sector, now’s a good time to wake up.

crypto market, never has it been more important to distinguish between methodologies of buying into this sector. On the one hand, you have traders, on the other you have investors. While many assume the two are interchangeable, there are key differences in each player’s goal. Traders hold assets until they reach short-term success while investing is based on the buy-and-hold principle. Investors invest their money for some years, decades, or even longer. In the Bitcoin (BTC) market — HODL has become a mantra! HODL, an acronym for ‘hold on for dear life’, is the core philosophy that most BTC maximalists live by. To a hodler, (i.e, an investor) short term-price fluctuations are insignificant, while traders have defined levels of risk. To a trader, the ideal advice would be — if you’re losing money then end the trade at your defined stop-loss range, while for an investor the ideal advice would be to buy every dip and HODL. Choosing the right cryptos for long-time investment The last thing you should do when it comes to all things money is to go in blind and unprepared. Do the work, research, read everything you can about the sector, the coins, the projects, the tech. Don’t believe everything you read on social media; we’ve all heard of someone who invested in a cryptocurrency and benefitted a large return on investment.

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

Jan van Eck stands out at the Bitcoin 2022 conference – surrounded by throngs of uber-bullish bitcoin faithful in Miami, the chief executive of the VanEck fund firm strikes a more cautious tone.

The cryptocurrency market’s flagship coin, Bitcoin has definitely seen better days. Its tragic fall from the beginning of November 2021, after hitting its all-time-high just above $69k to the beginning of February – left a scar in people’s minds. Since then, however, Bitcoin has been consolidating in a range.

Bitcoin slipped beneath the $44k area and retested it as an area of supply the previous day, and there was selling seen across the crypto market. Terra and STEPN have been on a downtrend on the lower timeframes, while Waves has seen a severe drop that erased a significant chunk of the gains of the past two weeks.

What do a swimming pool, beef jerky, a caravan, timber, animal waste, a Guatemalan lake and a high school have in common?