Bitcoin Financial News

Three European Union regulators, the European Banking Authority (EBA), European Securities and Markets Authority (ESMA), and European Insurance and Occupational Pensions Authority (EIOPA), have warned investors in the digital currency ecosystem within the bloc of potential losses inherent in the volatile ecosystem.

Bitcoin (BTC) narrowed its consolidation range on March 18 as the TradFi trading week looked set to end with $40,000 still in place.

Bitcoin (BTC) miners are holding more and more Bitcoin while “relentlessly expanding” their operations in 2022.

Russian regulators appear to be fast-tracking domestic companies’ efforts to become home-grown token exchanges – with the Central Bank approving the banking and IT giant Sberbank’s application to become an official “digital financial assets” (DFA) issuer.

Apple Inc is a $2.5 trillion company. To significantly boost that bottom line, the company has only so many opportunities it can pursue. Self-driving cars and mixed-reality glasses come to mind (as much as I love the Ted Lasso cinematic universe, it won’t move the needle). There’s another massive opportunity that the iPhone maker has been fairly mum on: crypto. “Apple’s position on crypto is between neutral and hostile,” says Ric Burton, an early contributor to the Ethereum project. “However, iPhone could be the tool that on-boards millions of people to the ecosystem.” How? By creating a user-friendly way to interact with the crypto economy.

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cryptoassets and could fall prey to scams, the European Union's securities, banking and insurance watchdogs said in a joint statement on Thursday. «Consumers face the very real possibility of losing all their invested money if they buy these assets,» the three EU authorities said in a statement. It marks a racheting up of direct warnings to consumers about cryptoassets by EU authorities, spelling out that consumers have no protections or recourse to compensation under existing EU financial services law.

If Sherlock Holmes ever decided to solve a mystery within the crypto community, his first one might be the curious case of PlanB and the $100k Christmas of 2021 that never came. Now, as the first quarter of 2022 slowly comes to a close, let’s check on the pseudonymous creator’s Bitcoin stock-to-flow model to see if it’s still kicking.

Dominic Williams, the founder of Internet Computer (ICP) and the non-profit organization dedicated to building and promoting it, DFINITY, has a plan to help end the war in Ukraine.

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

The world’s current monetary regime effectively ended with the freezing of Russian foreign reserves by Western governments on February 26. In the new era, central banks will no longer save reserves in Western fiat currencies -- instead, turning to gold and bitcoin (BTC) as their preferred reserve assets, according to former BitMEX CEO Arthur Hayes.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

The price of bitcoin (BTC), ethereum (ETH), and most other cryptoassets moved higher today, after the US Federal Reserve (Fed) yesterday raised rates for the first time since 2018, and a discussion about bitcoin’s role in a future monetary regime re-emerged.  

Bitcoin briefly spiked above $41,000 for the first time in a week, bringing the cryptocurrency out of its recent narrow trading range, as risk assets rebounded worldwide. The largest digital asset by market value jumped as much as 5.7% to $41,691 before paring its gains in early New York trading. It is down about 12% this year. Other tokens such as Ether and Solana also got a lift. Stocks rose, with Chinese equities rallying on a pledge by Beijing for policies to boost financial markets. “Whenever we see stock market relief, crypto tends to do well, especially lately,” said Marcus Sotiriou, an analyst at London-based digital asset broker GlobalBlock. “At the end of the day, the key driving force behind prices is macro, so I expect a struggle for a sustainable uptick.”

Bitcoin, the largest crypto by market value, was trading 0.8 per cent higher at $39,124.58 after falling 5.8 per cent in the last seven days. Ethereum advanced 2.67 per cent in the last 24 hours to $2,617.65. The second largest cryptocurrency by market value has fallen nearly 4 per cent in the last one week. Tether, the third largest, was almost flat at $1. BNP and USD Coin gained up to 0.4 per cent. Cardano, Solara, Avalanche, Polkadot and Binance USD rose up to 2.5 per cent. Terra, the seventh largest crypto currency by m-cap, tanked 6.3 per cent to $87.46. Dogecoin edged 0.10 per cent lower at $0.11.

Digital payment platform Paxful has partnered with nonprofit organization Built With Bitcoin Foundation and Miami Mayor Francis Suarez to advance a new education initiative centered around Bitcoin (BTC) and financial literacy. 

Bitcoin “may be primed” for a quantum leap in its development thanks to inflation this year, a Bloomberg analyst has claimed.

With Bitcoin’s 4-hour 20 EMA jumping above its 50 EMA, Avalanche, Bitcoin Cash, and FLOW projected bullish technicals in the near term. The latter two of these cryptos saw a patterned breakout as the bulls countered the selling pressure.

Many crypto traders invested their hard-earned savings in Bitcoin, only for it to behave like.. .an alt? A report from Arcane Research took a closer look at this phenomenon, to better understand whether Bitcoin, Ethereum, and even some other assets are giving each other enough space.

LMAX group, the cryptocurrency and FX exchange, will start trading futures for bitcoin and ethereum in the third quarter.

Pubinno, a San Francisco-based technology firm that creates the "Internet of Beer" with artificial intelligence, robotics and cloud computing platforms, has now integrated Bitcoin (BTC) payment infrastructure into its system.