Bitcoin Financial News
02.05 / 12:33
Blockchain
Provident
Research
Artificial Intelligence
Bitcoin
Anti-money laundering
reports
AI Could Detect Money Laundering on Bitcoin Blockchain: Elliptic Report
Researchers from blockchain forensic firm Elliptic, IBM Watson and MIT have together made advances in using artificial intelligence (AI) to identify money laundering on the Bitcoin blockchain.
02.05 / 08:35
BTC
Platform
Research
Bitcoin
reports
Riot Platforms
Riot Platforms Reports $211.8M Q1 2024 Net Income, Falls Short of Revenue Expectations
Bitcoin mining firm Riot Platforms has announced a remarkable net income of $211.8 million for the first quarter of 2024, a staggering 1,000% increase compared to the same period last year.
02.05 / 08:35
UPS
ETF
BlackRock
Bitcoin
reports
Bitcoin spot ETF
BlackRock’s IBIT Experiences $37M Outflows for First Time, Other Funds See Combined $526.8M Withdrawals
The spot Bitcoin exchange-traded funds (ETFs) in the United States have witnessed record net outflows, with BlackRock’s iShares Bitcoin Trust (IBIT) experiencing its first-ever day of outflows.
02.05 / 08:35
BTC
Bitcoin news
Trade
Bitcoin
Department
Updates
Bitcoin Price Prediction: BTC at $57,520 Amid FOMC Updates and Roger Ver Tax Fraud Allegations
During the Asian session, Bitcoin (BTC/USD) trades at $57,520, reflecting a 1.25% decrease. This movement is positioned below the pivotal $59,328 mark and suggests a cautious, bearish outlook for the cryptocurrency. This price prediction hinges on key resistance and support levels that could dictate Bitcoin price prediction.
02.05 / 08:35
BLOCK
Bitcoin
reports
Investigations
International
compliance
Jack Dorsey’s Block’s Crypto Unit Under Investigation Over Compliance Practices: Report
Federal prosecutors have launched an investigation into Block, the financial technology company co-founded by Twitter’s Jack Dorsey. The investigation focuses on alleged compliance lapses at its central units, Square and Cash App.
02.05 / 08:35
Tether
USDT
Bitcoin
reports
Tether USDT
Tether Holdings Reports Record $4.52 Billion Net Profit in Q1 2024 for USDT Stablecoin
Tether Holdings, the issuer of the world’s largest stablecoin, Tether (USDT), has reported a record net profit of $4.52 billion in the first quarter of 2024, marking a significant achievement for the company.
02.05 / 04:57
cryptocurrency
Bitcoin
Bitcoin Price Drop
bitcoin etfs
Bitcoin and Ether prices drop ahead of Fed interest rate decision
Bitcoin's value plummeted by 5.2% to $59,950 during Wednesday's trading session as investors braced for crucial economic data and awaited the Federal Reserve's interest rate decision later in the day. The Federal Reserve Open Market Committee gathers on Tuesday for its monetary policy meeting, which is expected to culminate on Wednesday with a decision to leave the Fed funds target rate in the 5.25% to 5.50% range.
02.05 / 04:57
Ether
Bitcoin
Bitcoin Today
Bitcoin, Ether prices drop amid lackluster debut of Hong Kong ETFs
Bitcoin, the largest cryptocurrency by market value, fell 1.75% to $61,222, while the second-largest digital token, Ethereum, slipped 5.2% to $2,998.
02.05 / 02:07
BTC
Bitcoin
Best Crypto
Best Crypto to Buy Today April 30 – Wormhole, Optimism, Axelar
As traders digest the implications of the latest Fed policy announcement and what it means for the outlook for Fed rate cuts later this year, traders are hunting for opportunities in the altcoin market and weighing up what might be the best crypto to buy today.
02.05 / 02:07
BTC
Bitcoin
Top crypto
Top Crypto Gainers Today on DEXScreener – AITAX, AMERICA, BOOE
In wake of the cryptocurrency market’s latest tumble which saw Bitcoin (BTC) drop convincingly below $60,000 for the first time since late February, traders are turning to the on-chain markets as they hunt for top crypto gainers today.
02.05 / 02:07
BTC
Bitcoin
Bitcoin Price
Bitcoin Traders Target Test of $53,000 Support as BTC Price Predictions Remains Bearish Following Fed Meeting
The Bitcoin (BTC) price is consolidating in the mid-$57,000s, down roughly 5% on the day, though up around 1.5% or $1,000 from earlier session lows as traders weigh the outlook for Fed rate cuts this year in wake of the latest policy announcement from the US central bank.
02.05 / 02:07
STX
Bitcoin
Stacks
Stacks Price Prediction as STX Token Slides Under $2 – How Low Will STX Go?
As Bitcoin (BTC) corrects to its lowest levels in over two months below $60,000, its largest layer-2 scaling blockchain Stacks (STX) is also in decline, with the Stacks price hitting its lowest levels since mid-February below $2.0.
01.05 / 23:13
markets
BTC
JPMorgan
Coindesk
Cycling
Bitcoin
2020
Bitcoin halving may lead to price drop
The halving is intended the underscore the value of bitcoin by capping its supply and increasing its worth. It was a process developed by bitcoin creator Satoshi Nakamoto, who has since disappeared. The halving will take place after bitcoin’s all time high price of $73,803 in March this year, and subsequent drop in the last few weeks.
01.05 / 23:13
Blockchain
Research
Actor
Bitcoin
show
performer
testing
Blockchain researchers use AI to spot Bitcoin money laundering
Back in 2019, blockchain analytics firm Elliptic published research with the MIT-IBM Watson AI Lab showing how a machine learning model could be trained to identify Bitcoin transactions made by illicit actors, such as ransomware groups or darknet marketplaces. Now the partners have put out new research applying new techniques to a much larger dataset, containing nearly 200 million transactions.
01.05 / 22:41
Tax
Bitcoin
Roger Ver Arrested for $50M Tax Fraud
The United States Department of Justice announced on April 30 $50 million tax fraud charges against early Bitcoin investor Roger Ver, known by many as ‘Bitcoin Jesus.’
01.05 / 15:59
markets
UPS
ETH
ETF
Bitcoin
track
Bitcoin sinks 4% before Fed after mixed investment launch
Bitcoin sank Wednesday before the US Federal Reserve's interest rate call, and after a mixed launch in Hong Kong of investment products tracking the world's top cryptocurrency and rival ether. At about 1450 GMT, bitcoin slid 4.26 per cent to $57,315, having earlier plumbed a more than two-month low at $56,527.
01.05 / 13:25
Platform
Reserve Bank of India
Trade
Bitcoin
reports
Investigations
India’s CBI Conducts Nationwide Search Operation in Crackdown on App-Based Crypto Investment Fraud
The Central Bureau of Investigation (CBI) in India has launched a nationwide search operation as part of an ongoing investigation into an app-based crypto fraudulent investment scheme.
01.05 / 13:25
markets
Progressive
Sustainability
wellness
Bitcoin
show
innovations
Bitgert Coin’s Ascendancy: What’s Driving the Cryptocurrency’s Progress This Week
The cryptocurrency market has been nothing short of chaos this week, following the surprising tumble of the Bitcoin price after its halving and many altcoins also seeing red. But, amid all this chaos, the Bitgert coin has been showing a rather impressive move on its Day-on-day price movement. This strange movement from a crypto newcomer such as Bitgert is raising a lot of eyebrows and many investors want to know what is going on.
01.05 / 13:25
Bitcoin
Crypto Crime
18 Years In Prison for NYC Woman Behind Bitcoin Terrorism Financing in Syria
Victoria Jacobs, aka Bakhrom Talipov, was sentenced to 18 years in prison by a New York State court jury after being found guilty of funding Syrian terrorism through Bitcoin.
01.05 / 13:25
markets
UPS
Racing
Strategy
community
Celebrity
Bitcoin
BEFE Coin’s Dominance: Surpassing PEPE and SHIBA INU in the Crypto Race
We have been seeing a BEFE coin dominance in the meme coin market since the beginning of the last 3 weeks. This dominance at this point looks like a movement that could take over the meme coin market, overtaking popular meme coins like SHIBA INU and the recent celebrity meme coin; PEPE. BEFE has simply been using one strategy over the other meme coins and this is through its active engagement with traders, fans, and community members. And now that the Bitcoin halving event is over, BEFE has started getting attention from investors better than others causing the current high movements in the price action.
01.05 / 13:25
markets
Bitcoin news
Strategy
CME
Bitcoin
performer
crypto market cap
Bitcoin Price Prediction as Crypto Market Cap Slumps 6.4% – Time to Buy?
Bitcoin’s (BTC) recent price trajectory has fueled speculation and uncertainty, particularly as the cryptocurrency struggles amidst a three-day losing streak. Currently hovering around $57,280, with an intraday low of $56,750, Bitcoin’s performance in the market remains lackluster .
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