Bitcoin Financial News

26.01 / 15:49

Dogecoin markets Ethereum Bitcoin analysts Weekly BTC price hits $38K as Bitcoin analysts focus on weekly close

Bitcoin (BTC) staged new retests of $38,000 resistance on Jan. 26 as optimism increased over a potential recovery to $40,000 and higher.

26.01 / 15:09

cryptocurrency Bitcoin Drop The IMF warns El Salvador to drop Bitcoin as a legal currency

The International Monetary Fund (IMF) has urged El Salvador to drop Bitcoin as legal tender and better regulate the digital wallet the government created and promoted to its citizens.

26.01 / 14:23

Dogecoin cryptocurrency stablecoins Bitcoin Crypto traders are now moving to more stable tokens

cryptocurrency exchanges have recorded higher trading volumes in the past few days owing to extreme volatility in the market, as many traders and investors liquidated some of the riskier tokens, rebalanced their portfolios by moving to stable coins and also indulged in opportunistic buying to average down their portfolios. During and after the weekend crash, ET spoke to multiple exchanges to gauge the trading volumes — most recorded higher transaction levels, but a few witnessed a dip too. «We have seen volumes increase by around 15%,» said Avinash Shekhar, co-CEO, ZebPay.

26.01 / 13:43

business Blockchain Adoption Bitcoin Can DeFi and CeFi coexist? Three takeaways from experts panel

As price action bewilders market makers and traders, experts in the crypto industry reached an agreement on several important points last week. Notably, centralized finance (CeFi) and decentralized finance (DeFi), can coexist, and a “blend” of financial products and services will be available to users in the future.

26.01 / 13:41

UPS Digital coinbase Bitcoin Coinbase rival FTX U.S. valued at $8 billion as investors brace for 'crypto winter'

FTX U.S., the American affiliate of cryptocurrency exchange FTX, said Wednesday it has raised $400 million in its first external fundraising round.

26.01 / 13:11

Adoption IMF Bitcoin Cryptoverse Laughs Off IMF Bitcoin Threats to El Salvador With Memes, BTC Rises

The International Monetary Fund (IMF) has told El Salvador to water down the law enforced last year that made bitcoin (BTC) legal tender – and the country’s President Nayib Bukele has responded with a dismissive Twitter meme using footage from the TV show “The Simpsons.”

26.01 / 12:57

Lowe's Digital Bitcoin The IMF Urges El Salvador to Abandon Bitcoin as Legal Tender

The International Monetary Fund (IMF) is concerned about risks related to El Salvador’s issuance of bitcoin-backed bonds, urging El Salvador to terminate bitcoin as legal tender as soon as possible.

26.01 / 12:57

CEO MasterCard Bitcoin NOT Cryptocurrencies are Assets, Not Currency, says American Express CEO

Cryptocurrencies are an asset class like gold and silver, American Express chairman and CEO said.

26.01 / 12:47

cryptocurrency SoftBank Bitcoin Crypto Exchange FTX US Valued At $8 Billion After $400 Million Fundraise

Chicago-based FTX US was launched in 2020.

26.01 / 12:25

Bitcoin IMF urges El Salvador to ditch its push into bitcoin

The International Monetary Fund urged El Salvador to strip bitcoin of its status as legal tender because of its large risks to financial stability, the latest twist in protracted talks between the fund and the highly indebted Central American country to secure a $1.3bn loan.

26.01 / 12:11

markets Bitcoin Bitcoin Price analyst Bitcoin pundits split over BTC floor as Bloomberg analyst eyes bounce

Bitcoin (BTC) could still fall under $30,000 but some prominent sources are already calling the end of the latest bearish turn on BTC/USD.

26.01 / 11:55

Bitcoin IMF Urges El Salvador to Ditch Bitcoin’s Legal Tender Status

26.01 / 09:25

cryptocurrency Digital IMF Bitcoin IMF Urges El Salvador To Remove Bitcoin As Legal Tender

IMF has urged El Salvador to remove Bitcoin as legal tender

26.01 / 08:41

business Sport Bitcoin Bitcoin Price NFL star's massive tax bill highlights problems with BTC salaries

NFL Star Odell Beckham Jr's (OBJ) decision to take his $750,000 salary in Bitcoin appears to have cost him dearly due to the market crash after he signed the deal. Owing to the vagaries of cryptocurrency tax laws and current prices, OBJ is estimated by some to have made 61% less than if he’d taken his salary in fiat.

26.01 / 07:27

Blockchain cryptocurrency defi Bitcoin recovery Cryptocurrency Prices Today: Recovery mode on as Avalanche rises 6.55%, Solana 3.88%

The global cryptocurrency market capitalisation reached $1.66 trillion (up 1.68 percent) during the last 24 hours while the market volume over the last 24 hours hit $80.34 trillion.

26.01 / 05:49

Bitcoin latest price Bitcoin outlook Bitcoin Bitcoin Price Does latest drubbing in Bitcoin make it an attractive bet?

Bitcoin has had a terrible start to the new year. The crypto major has lost about 50 per cent of its value from the peak touched in November 2021. Its total market cap has fallen below $700 billion from around $1.25 trillion during its golden days, thanks to the ongoing carnage in the crypto market. The geopolitical tensions in Europe and the middle east, ban proposal from Russia, inflationary worries, US FOMC meet and beaten down equity markets are some of the key reasons that have dragged the crypto markets lower.

26.01 / 01:41

Law regulation Bitcoin IMF urges El Salvador to remove Bitcoin's status as legal tender

Members of the executive board at the International Monetary Fund are urging lawmakers in El Salvador to no longer recognize Bitcoin as legal tender.

26.01 / 01:41

Blockchain Mining Bitcoin Bitcoin Miner Yet another solo Bitcoin miner solved a valid block, earning a reward worth over $220,000

Another Bitcoin (BTC) miner from the Solo CK mining pool has solo mined a new block on the Bitcoin blockchain, earning a block reward of 6.25 BTC (over $220,000 at current prices) as a result. The event took place on Monday at a block height of 720,175.

26.01 / 01:41

markets Federal Reserve Interest rates Bitcoin Bitcoin hits $37.5K, stocks recoup losses ahead of Wednesday’s FOMC statement

The dominant sentiment of doom and gloom in the crypto market shifted toward hope on Jan. 25 after the price of Bitcoin (BTC) climbed to $37,500 briefly as stock markets staged a midday rally that recovered most of the losses from Jan. 24.

26.01 / 01:10

Digital Citizens Tether Bitcoin Drop Drop bitcoin as legal tender, IMF urges El Salvador

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26.01 / 00:31

Waves Lowe's Bitcoin Support With AVAX unable to flip $92 to support, where can bulls make a stand

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

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