Bitcoin Financial News

El Salvador may launch its sovereign bitcoin (BTC) bonds as early as tomorrow – but the war in Ukraine may cause disruption to the plans of the President Nayib Bukele-led government.

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While many refer to crypto as the “Wild West,” some believe that this may only continue for a little longer.

The European Union could see a major change in the cryptocurrency industry as proof-of-work (PoW) cryptocurrencies face an indeterminate future.

Cryptoverse: Bitcoin Is On An Even Keel Driven By Young Investors

Tesla and SpaceX founder Elon Musk has reiterated his commitment to holding his stack of bitcoin (BTC), ethereum (ETH), and dogecoin (DOGE) when preaching to his more than 77m Twitter followers about ways to hedge against inflation.

A tweet by billionaire Elon Musk led to a brief spike in the value of cryptocurrencies his Bitcoin, Ethereum and Dogecoin after he said he will not sell the digital tokens he owns.

Bitcoin (BTC) starts a new week struggling to preserve support as key macro changes appear on the horizon.

As rising inflation threatens to eat up further the purchasing power of the global fiat ecosystem, finding the perfect hedge against a falling economy has become the need of the hour — especially for the general public across the world. 

Bitcoins been clinging to a range between $32,000 and $47,000.

Bitcoin will encounter its next resistance in the $50,000 to $51,000 area, an analyst said.

Cryptocurrencies traded in the red early on March 14. The global crypto market cap is $1.70 trillion, a 2.84 percent decrease over the last day. The total crypto market volume over the last 24 hours is $62.28 billion, a 16.08 percent increase.

Bitcoin buffs who were questioned by skeptics about the value of the cryptocurrency would respond by saying: Just wait. Wait until inflation hits, and people look to park their savings in a stable digital asset that won't lose its value. Wait until war breaks out, and authoritarians start seizing assets and imposing capital controls on their citizens. Wait until big banks and tech companies start censoring dissidents for their political views. Then you'll see why we need a stateless, decentralized, anonymous digital currency. More than most cryptocurrencies, Bitcoin was seen by many of its libertarian-leaning fans as a kind of doomsday insurance, a form of «digital gold, that would be a source of stability as the world grew more chaotic and unpredictable.

Bitcoin (BTC) has been relatively calm during the weekend, indicating that traders are playing it safe and not waging large bets before the upcoming Federal Open Market Committee meeting on March 15 and March 16. The quantum of the rate hike could act as the next trigger for the crypto markets.

Kriete writes that he will "be taking on a new challenge professionally by creating a new company in this space," while Girasole plans to "start my own venture in the digital asset space".The pair did not explicitly say that their new ventures are connected, with both promising more details once their garden leave ends.Both Citi veterans, Kriete and Girasole were last year put in charge of the newly-created digital asset group, housed in the wealth management division.The unit helps Citi's wealthy clients interested in the likes of Bitcoin, as well as stablecoins, NFTs and CBDCs.Writes Kriete: "Unsurprisingly to those who know me, I believe digital assets will continue to grow in importance to global capital markets and the formation of new business models, and I could not be more excited to assist in the maturation of this market."

Santiment, Glassnode, Nansen, Messari, DeFi Llama – which one do you like best for gathering data about crypto-assets and their metrics? While some minor differences in stats can be expected between these platforms due to diverse ways in which they measure blockchain data, one platform has come under the microscope for the way it is reporting coins’ transaction volumes.

Bitcoin (BTC) upped the volatility into the weekly close on March 13 as markets braced for geopolitical and macro economic cues.

Russians are seeking a safe haven for their crypto fortunes in the UAE

As winter moves into spring, will the longer days and blooming flowers perhaps wield a positive influence on investor sentiment? Here’s what the data had to say.

In a surprising turn of events, Immutable X was seen charting gains in an unfavorable market. The ecosystem developments coming from the Layer-2 scalability protocol for NFTs on Ethereum certainly have had a hand in its growth.

Federal Reserve and then Russia’s invasion of Ukraine, Bitcoin remained stubbornly in a range. Only the briefest dip below $33,000; never above $46,000. As the sideways trading dragged on, Vladimir Putin’s war in Ukraine — and the sweeping financial sanctions heaped upon Russia in retaliation — added fuel to a long-running debate about crypto: Is it the ultimate haven from increasing governmental overreach? Just another risk-on asset class? Or a convenient tool for sanctions evasion crying out for stricter policing? For technical analysts, the discussion is of a more prosaic nature; namely, identifying the numerical levels and trading patterns that might signify a sustained trend break — something that could nudge Bitcoin out of its range and usher in either a strong recovery or another bear market.