Bitcoin Financial News

17.11 / 02:47

business Sport Bitcoin NYDIG partners with Houston Rockets basketball franchise, plans to pay team in BTC

The New York Digital Investment Group will be paying the National Basketball Association’s Houston Rockets franchise in Bitcoin as part of a partnership aimed at promoting crypto education and adoption.

17.11 / 02:47

business Bitcoin Mt. Gox rehabilitation plan is now 'final and binding'

The rehabilitation plan to compensate creditors from the now-defunct crypto exchange Mt. Gox is now finalized following confirmation from a Japanese court.

17.11 / 00:07

Adoption Real Estate Bitcoin Deal NYC Real Estate to Record a Bitcoin-Exclusive Deal

Development and property management firm Magnum Real Estate Group is selling a set of retail condos in New York City for USD 29m exclusively in bitcoin (BTC), the latest sign that BTC is gaining wider adoption among various industries.

16.11 / 23:39

Target Action Bitcoin NOT China calls crypto mining ‘extremely harmful,’ but not for this reason

Why does China hate crypto mining? It’s a question many have asked, but the answer isn’t what one would expect. Turns out, as some analysts suspected, it might not be about the coin at all.

16.11 / 23:39

Digital CEO BitGo Bitcoin Novogratz’s Galaxy Digital postpones plans for U.S. stock listing, to early 2022

Michael Novogratz’s Galaxy Digital Holdings Ltd is scheduled to go public in the first quarter of 2022, instead of late 2021. This information was revealed by the CEO and founder Novogratz, but the United States’ Securities and Exchange Commission [SEC] is yet to sign off on any listing on an American exchange.

16.11 / 23:33

Government Fraud Bitcoin US Justice Dept is selling $56M in crypto to compensate victims of BitConnect’s fraud

The United States Department of Justice is planning to sell $56 million worth of cryptocurrency seized in connection with its case against Ponzi scheme BitConnect.

16.11 / 23:03

ETF Strategy VanEck Bitcoin Bitcoin Strategy VanEck's Bitcoin Strategy ETF Begins Trading at Cboe

Another bitcoin exchange traded fund (ETF) made its debut in the markets. Less than a month after ProShares launched the first bitcoin ETF in the markets, investment firm VanEck's Bitcoin Strategy ETF (XBTF) has begun trading at Cboe Global Markets (CBOE) on Nov. 16, 2021. The fund tracks prices for bitcoin futures traded at the Chicago Mercantile Exchange (CME). It is a cash-settled futures fund, meaning it tracks prices for bitcoin futures and is settled in cash, instead of actual bitcoin.

16.11 / 21:57

markets Bitcoin Bitcoin Price 3 reasons why traders want to buy the Bitcoin price dip to $58.5K

Cryptocurrency traders are scrambling and scratching their heads after a sharp drop in Bitcoin (BTC) price triggered a market-wide sell-off that has nearly every token in the top-200 flashing red today.

16.11 / 21:19

Citi CEO Racing Bitcoin Looking into reasons why U.S. may be better placed than the UK in the crypto race

Global crypto adoption has taken off lately with an 880% increase over the last year. However, the growth is uneven, with industry voices opining that the UK is lagging behind the United States.

16.11 / 21:19

BTC CoinMarketCap Bitcoin Historical data points to Bitcoin mirroring past rallies, is it ready for massive gains

The overall cryptocurrency market is going through massive bloodshed at the time of writing. As per CoinMarketCap, it recorded an overall 10% decline in market cap, following this setback. Bitcoin shed more than 9% in the last 24 hours, slipping below the $60k mark.

16.11 / 21:19

Ethereum ETH Lowe's Bitcoin What’s contributing to Ethereum’s short-term price action, is it tied to Bitcoin

As Bitcoin took a dip under the $61K zone, Ethereum too couldn’t hold its ground strong for long. On the daily time frame, ETH traded at $4,177, noting an 11.54% daily price fall and 13.10% price loss on the weekly.

16.11 / 21:19

UPS Lowe's Bitcoin Support Bitcoin Cash eyes pickup at this near-term support zone

Hit by a 12% drawdown over the last 24 hours, Bitcoin Cash fell prey to a correction in the broader market. On the charts, BCH projected a new low at a bottom sloping trendline due to red flags present on the daily RSI and MACD.

16.11 / 20:57

markets retail Bitcoin Dollar index Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs

Bitcoin (BTC) logged its worst daily performance since September as BTC price slid by 10% to under $59,000 on Nov. 16. On the other hand, the United States dollar jumped to its best level in sixteen months after spending across the American retail sector grew despite persistent COVID-19 fears and inflation concerns.

16.11 / 20:57

business Ethereum Adoption Bitcoin Brave launches browser-native crypto wallet to combat fake extensions

Privacy-oriented browser Brave continues to deepen its commitment to cryptocurrency adoption by replacing its extension-based cryptocurrency wallet with a browser-native one.

16.11 / 19:33

UPS BTC Remark Bitcoin As Bitcoin oscillates close to $60K, here’s a lowdown on market conditions right now

The last week has been nothing short of a roller-coaster ride for Bitcoin marking yet another ATH, peaking close to $69,000. However, with the market currently consolidating, the majority of participants seem to be holding on to the gains as BTC finds new lower support.

16.11 / 19:33

Ethereum BTC Digital Bitcoin Weekly Coinshares: $16M weekly inflows for Cardano without ‘discernible catalyst’

Most cryptocurrencies in the market appeared to be trading in the red, at press time. After scoring big gains in “Uptober,” Bitcoin is now struggling to remain in the green after hitting a new ATH. Although it did see some relief following the Taproot upgrade, BTC was down 7% lower over the 24-hour window.

16.11 / 19:29

Blockchain ETF SEC Bitcoin Investments in Bitcoin Increased, in Ethereum - Dropped + More News

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

16.11 / 17:39

Provident Digital Extreme Bitcoin Drop Nigeria: A 43% drop in Bitcoin P2P trading volumes thanks to…

Nigeria has been taking extreme steps to thwart crypto-transactions in the country, of late. Consequently, the result of these measures has been falling Bitcoin peer-to-peer [P2P] trading volume. As per data provided by UsefulTulips, the country’s P2P transactions have dropped by 43%.

16.11 / 17:39

Dogecoin Ethereum CEO Bitcoin Support AMC Theatres CEO announces Bitpay will support SHIB ‘specifically because he asked’

What does a crypto trader do when they want to catch a movie and buy a tub of buttery popcorn, but don’t have any dollars on them? Well, in as little as two months, your local theatre could soon be accepting Shiba Inu [SHIB].

16.11 / 17:29

Ethereum Twitter Binance Bitcoin Overleveraged Traders Flushed Out, 'Bullish Market Structure Intact'

The crypto market saw heavy selling across the board today in a deleveraging event that followed the signing of a new infrastructure bill that targets crypto users in the US, and signals from Twitter that the company is not looking to buy bitcoin (BTC) at the moment.

16.11 / 17:13

CEO JPMorgan Discover Bitcoin valuation Credit card start-up Upgrade jumps 83% in valuation in just four months to $6.28 billion

Upgrade, the fintech start-up that turns credit card balances into installment loans, has closed a fundraising round that values the company at $6.28 billion, CNBC has learned.

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