BTC Financial News

07.12 / 02:41

BTC ETF CEO Bitcoin Bitcoin futures ETF has under-performed spot prices since 2018, is it still viable?

A new type of exchange-traded fund sprang into the public markets with the arrival of ETFs tied to Bitcoin futures. These ETFs invest in contracts used to speculate on future BTC prices. They can be purchased and sold like a stock and don’t require buyers to hold an account at a cryptocurrency exchange or to have a crypto wallet. The SEC chairman, Gary Gensler struck a similar tone, igniting a rush in tailor-made ETF filings.

06.12 / 15:33

ETH BTC XRP BNB Bitcoin and Ethereum Fluctuate, Small Altcoins Suffer Biggest Losses

Bitcoin price attempted a recovery wave above the USD 49,000 level. However, BTC failed to clear the USD 50,000 resistance zone and started a fresh decline to almost USD 47,000. It is currently (12:08 UTC) trying to recover and moving higher above USD 48,000 again.

06.12 / 08:35

ETH BTC XRP BNB Bitcoin and Ethereum Consolidate, BAT and ALGO Rally

On Saturday, bitcoin price started a major decline from well above USD 52,000. BTC dived over USD 10,000 before recovering losses. It is currently (04:41 UTC) consolidating losses, with a major hurdle near USD 50,000.

06.12 / 06:17

COST BTC Strategy Bitcoin How the govt. can ‘hedge against a world where there’s a Bitcoin standard’

The gold standard was shrugged off by the United States a long time ago. However, the precious metal has remained a primary hedge, not just for personal investors, but also for sovereign funds. While the United States dollar has acted as an exchange standard for most countries since, a depreciation in its value due to rising inflation has led to many looking for an alternative avenue. That’s where the top cryptocurrency Bitcoin steps in.

05.12 / 18:17

BTC Target Ball Bitcoin fall This Bitcoin fractal predicted the fall, but here’s the next price target

Bitcoin, along with the larger crypto-market, dropped the ball after the most recent price fall had echoes of 19 May’s crash. With BTC shedding 25% of its value in a matter of a few hours, the market seemed to reset to its September-end levels. While it was trading around the $49k-mark at press time, for a brief moment, it did tread close to $42,000 too.

04.12 / 18:25

Ethereum BTC Lowe's Bitcoin Time Bitcoin, Ethereum face largest correction since 19 May; is it time to buy the dip

Bitcoin and Ethereum have dropped the ball. The market has been witnessing a decline matched by the correction intensity from 19 May, 2021.

04.12 / 14:17

BTC Twitter Strategy Bitcoin Bukele El Salvador at it again, Nayib Bukele announces purchase of 150 Bitcoin

While the entire cryptocurrency industry is reeling under a massive dip, President of El Salvador once again managed to find the silver lining in this storm. Earlier today, Nayib Bukele announced on Twitter that the island country had once again bought the dip as Bitcoin continued on its downward spiral.

04.12 / 09:03

BTC Bitcoin Bitcoin Price Bitcoin tumbles below $47K wiping out October gains — Bear market begins?

Bitcoin (BTC) has suddenly fallen below $47,000 on Dec. 4, losing nearly 20% in the past 24 hours. This makes this the biggest one-day drop since May 15, when Bitcoin price momentarily came down to nearly $33,000.

03.12 / 20:25

UPS BTC CryptoQuant Bitcoin Bull run How 39,000 Bitcoin re-entering exchanges impact its bull run

Bitcoin is consolidating at a range above $55,000 since recovering from the 26 November slump. Over the past few days, there hasn’t been any form of structural break indicative of a bearish bias. But an interesting on-chain development is suggestive of a possible dire situation.

03.12 / 15:11

ETH BTC XRP BNB Bitcoin and Ethereum Inch Higher, Altcoins Gain Momentum

Bitcoin price remained well bid above the USD 55,000 level. BTC started a fresh increase and traded above the USD 57,000 level before correcting lower. It is currently (11:54 UTC) rising and it might revisit USD 57,000 again.

03.12 / 14:29

UPS BTC Platform Bitcoin Exploit Here’s how BadgerDAO’s $120 million exploit played out, Rekt explains

Early on Thursday, news of the Bitcoin DeFi protocol BadgerDAO suffered a $120 million exploit that shocked the cryptocurrency industry. While the platform had shared an initial diagnosis of the attack on Twitter, the Rekt blog has now come up with a detailed post-mortem of the hack. It stated, “the badger is dead.”

03.12 / 11:23

BTC Gap Bitcoin Future What will happen if Bitcoin goes to $150k in the near future

There is enough conversation about Bitcoin being in a “supercycle” doing the rounds in crypto circles. Therefore, despite the recent steep correction, analysts see those gaps closing by year-end. So much so that the anticipation goes beyond the $100k mark that was pegged earlier.

03.12 / 07:53

ETH BTC XRP BNB Bitcoin and Ethereum Remain At Risk, ADA Starts Fresh Rally

Bitcoin price failed to gain pace above USD 57,500. As a result, there was a fresh decline below the USD 56,500 level and BTC is currently (04:30 UTC) trading around this level.

02.12 / 23:34

BTC Bitcoin Over 10,000 Bitcoin sold in panic selling bout, but investor confidence undeterred

Bitcoin investors are not alien to FUDs. However, this time it seems like the reason they reacted the way they did, was probably due to some sort of trigger. In response, thousands of Bitcoins were sold off by the investors. But the situation is not as dreadful as it might appear to be.

02.12 / 19:25

BTC CME Bitcoin Weekend Given the weekend CME close, next 24 hours crucial to Bitcoin crossing $60,000

Bitcoin registered a strong recovery of 28 November with the price rising by 5%, after dropping down to a low of $53,500. However, bullish momentum hasn’t been monumental over the past few days, and recovery has been more conservative.

02.12 / 19:05

UPS BTC Nov Bitcoin Bitcoin Plummeted by 22%, Someone Still Makes More Than 1000% ROI

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02.12 / 15:48

ETH BTC XRP BNB Support Bitcoin and Ethereum Test Key Support, Altcoins Consolidate

Bitcoin price extended decline below the USD 56,500 support. However, BTC stayed above the USD 55,500 support. It is slowly recovering and is currently (11:30 UTC) facing resistance near 57,200. The main hurdle is still near USD 58,000.

02.12 / 15:23

Blockchain BTC Platform Exploit Badger DAO falls prey to DeFi exploit, losses estimated at $10 million

Badger DAO, a Bitcoin-focused DeFi platform, has been allegedly exploited. The platform tweeted earlier today that it received reports of “unauthorized withdrawals of user funds.” It stated,

02.12 / 07:53

ETH BTC XRP BNB Bitcoin and Ethereum Decline, MATIC and LUNA Rally

After touching USD 59,000, bitcoin price failed to continue higher and dived below USD 56,000. It is currently (04:19 UTC) trying to recover towards USD 56,500.

02.12 / 00:21

UPS Ethereum ETH BTC Ethereum outperforming Bitcoin means this for the rest of the market

The onset of December saw both top coins’ trajectories pick up pace, after a rather laid-back November. Bitcoin saw over 4% gains while Ethereum shot up by over 10% over the last two days taking the market by surprise. This, however, wasn’t the first time Ethereum outperformed BTC and other major alts.

01.12 / 20:47

BTC Lowe's Bitcoin What December 2021 will be like for this evolving Bitcoin market

The market-wide crash in the last week of November saw BTC drop to a 50-day low of $53.3K. Thereafter, the coin started to rebound amid an influx of bullish news from across the market. November, a month that was supposed to reap close to 40% gains for Bitcoin saw the coin dip by over 20% as anticipations of a Moonovember faded away.

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