Bitcoin Financial News

Bitcoin (BTC) headed toward $42,000 on April 9 after bulls failed to spark a late-week turnaround.

Tesla, Block and Blockstream to mine bitcoin off solar power in Texas

The ongoing conflict in Ukraine has become a stress test for crypto in many tangible ways. Digital assets have emerged as an effective means of directly supporting humanitarian efforts, and the crypto industry, despite enormous pressure, has largely proved itself a mature community — one ready to comply with international policies without compromising the core principles of decentralization.

Bitcoin price might have crashed on 6 March and the short-term outlook could appear bearish, but the long-term outlook remains bullish as ever. There are three significant on-chain metrics that paint an uber optimistic scenario for BTC in the upcoming bull run.

Most cryptocurrencies traded in the red early on April 9. The global crypto market dropped 2.8 percent to $1.96 trillion, while the total crypto market volume rose 9.4 percent to $89.50 billion during the last 24 hours.

Crypto investors exploring the market might feel that their once lush, green campsite has been taken over by bloodthirsty bears. With Bitcoin back under $45,000, here’s what you need to know about other traders panic selling.

It seems the crypto industry has learned its lesson about backing stablecoins with fiat – or with rumors of fiat. At least, Terra has understood the assignment and is far from going down the same route, as its non-profit organization buys Bitcoin in order to back the TerraUSD [UST] stablecoin.

60 Minutes, the CBS news show that has been running since 1968, will feature El Salvador’s Bitcoin Beach in a new episode airing April 10.

Bitcoin (BTC) and most major altcoins are attempting to defend the immediate support levels, indicating that bears sense an opportunity and are looking to take control of the price action.

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

Bitcoin (BTC) is at a “pivotal” point and faces macro forces that could influence it for “months to come,” fresh research says.

On Friday, cryptocurrency storage company Blockstream and Block Inc. (formerly Square) announced the construction of a solar-powered Bitcoin (BTC) mining facility in Texas. As told by Blockstream, the mining site will be outfitted with 3.8 megawatts (MW) of electrical capacity using Tesla's Solar photovoltaic cell array and a 12 an MWh Megapack.

The macroeconomic landscape for bitcoin (BTC) could become more difficult to navigate as the US Federal Reserve continues to raise interest rates. However, bitcoin is the only way to transition to a new monetary standard, panelists at a discussion on the current macro backdrop at Bitcoin 2022 have argued.

The altcoins analyzed appeared to have dropped to a logical area of demand, based either on retracement levels or a higher timeframe bullish order block. At the same time, coins like Algorand and The Sandbox appeared to form a bearish chart pattern even though they had a bullish near-term structure that could see nearly double-digit percentage gains. Provided that Bitcoin does not see another wave of intense selling, it appeared that these coins could see a rally and post respectable gains in the next couple of days.

Bitcoin (BTC) neared new price lows for April on Friday's Wall Street open amid a fresh surge in the U.S. dollar.

April has historically been one of the strongest months for the crypto market, with bitcoin (BTC) rising by 46% on average, according to major crypto exchange Kraken. However, there are also other ecosystems to look out for, with Avalanche (AVAX) and Terra (LUNA) being among the most promising, argued crypto trading platform ByBit and the on-chain analytics platform Nansen. 

On stage, the PayPal co-founder and libertarian Donald Trump-backer threw a wad of $100 bills into a baying crowd, which booed Buffet's name, and railed against government and "woke companies".Said Thiel, according to Fox Business: "Even being in a stock, you're effectively being in something that's like a government-linked entity. Companies — woke companies — are sort of quasi-controlled by the government in a way that Bitcoin never will be."Bitcoin is the "most honest" and "most efficient" market which was the "canary in the coal mine" predicting recent high inflation, Thiel told the crowd, adding "we have to fight for bitcoin to go 10x or 100x from here".Thiel also took aim at Environmental, Social, and Governance, saying: "ESG is a hate factory.

Bitcoin (BTC) faced a new threat of a dip below $40,000 on April 8 as short timeframes failed to rescue bulls.

Following the announced integration of the payment app Strike with e-commerce platform Shopify to accept Bitcoin (BTC) through the Lightning Network, the crypto community raised concerns over the legal implications of the move. 

The bitcoin (BTC) price lagged behind ethereum (ETH) and other major altcoins today, despite a series of bullish news announcements coming from the Bitcoin 2022 conference in Miami, USA.

The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters.