Bitcoin Financial News

02.02 / 16:23

Ethereum Lowe's Bitcoin Has Ethereum Classic finally broken out of a downtrend

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

02.02 / 16:09

Adoption wallet Bitcoin El Salvador Turns to the US-based AlphaPoint in Bid to Bolster its Chivo Bitcoin App

The Salvadoran government is attempting to reboot its Chivo bitcoin (BTC) app and wallet – by teaming up with the USA-based crypto firm AlphaPoint.

02.02 / 14:59

cryptocurrency Bitcoin 2024 2024 bitcoin halving to trigger another market frenzy, says Thai exchange

Bitcoin is set for another bull run and market frenzy when it goes through another halving, Thailand's largest digital-asset exchange Bitkub Capital Group Holdings has said.

02.02 / 14:59

Blockchain Twitter Sport Bitcoin US bobsledder feels the Bitcoin rhythm and orange pills his fans

Olympic bobsledder Johnny Quinn is the latest sporting celebrity to swallow the orange pill. In a Twitter thread, he shared his best of Bitcoin (BTC) education while welcoming the Bitcoin class of 2022.

02.02 / 13:32

Government Adoption Gemini Bitcoin tax evasion Colombia clamps down on crypto tax evasion as adoption thrives

Down in Bogotá, cryptocurrency adoption is raging on. Colombia’s tax authority, the DIAN, (Dirección de Impuestos y Aduanas Nacionales de Colombia) has begun to catch up. It seeks to take “special measures” to crack the whip on cryptocurrency tax avoiders.

02.02 / 13:31

markets Crypto Ed Bitcoin Bitcoin Price BTC price faces crucial trend battle as Bitcoin RSI confirms breakout

Bitcoin (BTC) may have stopped short of $40,000, but this week’s gains have helped spark a more significant breakout for underlying price strength.

02.02 / 13:31

Facebook Government Stablecoin Bitcoin Diem stablecoin co-founder praises Bitcoin for censorship resistance

Shortly after Meta, formerly Facebook, officially gave up on its stablecoin Diem, some of the key people in the project have become increasingly vocal about the uncensorable nature of Bitcoin (BTC).

02.02 / 12:43

Facebook Ethereum cryptocurrency Bitcoin Death knell for Mark Zuckerberg's crypto dreams after regulators block Meta's Diem

A once-ambitious but now faltering Facebook-backed digital currency project known as Diem is dead, its assets sold to bank holding company Silvergate Capital.

02.02 / 12:29

cryptocurrency solana Ether Bitcoin Top cryptocurrency prices today: Bitcoin, Ether, Solana, Terra zoom up to 7%

Barring the US dollar-pegged USD Coin, all of the other nine out of the top-10 digital tokens were trading higher during the trade. Terra and Solana zoomed up to 7 per cent, followed by Ethereum which posted decent gains. The global crypto market cap added more than a per cent to $1.78 trillion. However, the total crypto market volume dipped almost 3 per cent to $65.48 billion.

02.02 / 12:29

Bitcoin news IMF Bitcoin El Salvador changes tech provider for 'Chivo' wallet

El Salvador has gone ahead and changed the frontend and backend technology provider for its 'Chivo' wallet even as International Monetary Fund (IMF) recommended that the South American nation should drop the use of bitcoin as its sovereign currency. The change has been made in an apparent bid to fix a series of problems that have plagued its state-run bitcoin wallet. The government of El Salvador earlier this week rejected IMF's recommendation. El Salvador's Treasury Minister Alejandro Zelaya said, «No international organization is going to make us do anything, anything at all. Bitcoin is an issue of 'sovereignty' and sovereign countries take sovereign decisions about public policy.»

02.02 / 12:05

SEC MicroStrategy Bitcoin Wallet Bitcoin Lost Q4 Microstrategy lost $146M to Bitcoin impairment charges in Q4 2021

MicroStrategy, the fortune 500 company with a 125,051 Bitcoin (BTC)-strong treasury, announced its Q4 2021 financial results on Feb. 2.

02.02 / 11:51

cryptocurrency Adoption economics Bitcoin Another Case for Bitcoin as Lebanon Reportedly Targets Depositors’ Fiat

Lebanon allegedly plans to forcibly convert foreign currency holdings to its floundering pound (LBP), once again building a case for Bitcoin (BTC).

02.02 / 11:41

Blockchain Digital CEO Bitcoin Crypto start-ups are still raising serious cash despite a slump in prices

Cryptocurrency start-ups are having a solid start to the year, bagging hundreds of millions of dollars in fresh cash even as investors grow wary about a steep drop in digital asset prices.

02.02 / 11:37

Provident BTC Digital Bitcoin 500 El Salvador Relaunches Chivo Wallet and Plans to Roll Out 1,500 BTC ATMs Nationwide

El Salvador relaunches the Chivo Wallet, which promises to enable instant low-fee Bitcoin transactions by integrating with white-label infrastructure provider AlphaPoint while addressing issues related to stability and scalability.

02.02 / 11:37

Provident BTC NYDIG Bitcoin NYDIG Launches Bitcoin Savings Plan for Employees

NYDIG, a company specialising in providing Bitcoin investment and technology solutions, announced on Feb. 1 the launch of an employee bitcoin savings plan that allows employees to convert a portion of their salary into bitcoin.

02.02 / 11:29

business Bitcoin acquires FTX acquires Japan's FCA-licensed crypto exchange Liquid

American billionaire and CEO of crypto exchange FTX Sam Bankman-Fried announced that his company acquired Japanese crypto firm Liquid Group and its subsidiaries.

02.02 / 08:37

UPS Ethereum Provident Bitcoin The Evolution of DeFi and Why Crypto Asset Collateralisation is Its Next Major Step

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

02.02 / 07:33

Adoption Latin America Bitcoin 500 El Salvador relaunches Chivo wallet, plans to deploy 1,500 Bitcoin ATMs

El Salvador, the first country to adopt Bitcoin (BTC) as a legal tender, has relaunched its in-house Chivo wallet to address the existing challenges of BTC transfers locally. With AlphaPoint integration, the updated Chivo wallet is expected to carry out instantaneous low-fee Bitcoin transactions while fixing concerns related to stability and scalability.

02.02 / 07:17

Blockchain Analysis Bitcoin WOO NOT Willy Woo: 'Peak fear' but on-chain metrics say it’s not a bear market

Bitcoin analyst and co-founder of software firm Hypersheet Willy Woo believes that on-chain metrics show that BTC is not in a bear market despite observing “peak fear” levels.

02.02 / 06:59

cryptocurrency Bitcoin 8 arrested in Pune for kidnapping man to extort Bitcoin worth Rs. 300 crore

Eight people, including a police constable, were arrested in Pune on Tuesday for allegedly kidnapping a man and trying to extort Bitcoins worth Rs. 300 crores from him.

02.02 / 06:25

cryptocurrency NFT crypto tax Bitcoin Cryptocurrency Prices Today: Bitcoin, Ethereum trade in green; Budget brings crypto in 30% tax ambit

The global cryptocurrency market capitalisation dipped 5.66 percent over the last 24 hours to $1.65 trillion, while the trading volumes were up 29.45 percent to $82.63 billion.

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