Tag: Bitcoin News

China’s Xinjiang Blackout and Bitcoin Hashrate Correction Caused BTC Price Crash

It’s no less than a major bloodbath in the crypto market as the Bitcoin (BTC) price is down 8.5% tanking below $57,000 levels. At press time, BTC is trading at a price of $$56,971 with a market cap of $1.089 trillion. This solid price crash resulted in nearly $10 billion in Bitcoin liquidations in an […]

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Crypto Market Tanks Amid Multiple FUD News, Over $10 B BTC Positions Liquidated

Crypto Market is undergoing severe correction as multiple news of crypto ban combined with rumors that US treasury is planning to charge several financial institutions for money laundering using cryptos made headlines at major publications. Though this is not something new to crypto investors but in the short term it has led to extensive Bitcoin […]

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Bitcoin (BTC) Downside Looks Limited As Coinbase Premium Shoots Significantly High

After hitting its all-time high above $64,500 on the day of the Coinbase (NASDAQ: COIN) listing, Bitcoin (BTC) has retraced partially with a bit of downward pressure. On Friday, April 16, Bitcoin (BTC) took a dip below $61,000 levels after news broke out that one of the major BTC markets – Turkey – has issued […]

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Ark Invest Buys Coinbase (COIN) Selling Tesla (TSLA), Adds Another $64 Million Worth COIN Shares on Day 3

Cathie Wood’s Ark Investments is going ultra bullish on its Coinbase (NASDAQ: COIN) bet! In just three trading sessions upon the listing of COIN shares on Nasdaq this Wednesday, April 14, Ark Invest has scooped over $400 million worth of COIN shares. As per the Reuters report, on Friday, April 16, Ark added 187,078 shares […]

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Bitcoin price uptrend to $65,000 decelerates amid potential bearish comeback

Bitcoin recovery hit a barrier at $64,000, hindering movement to $65,000. The ascending parallel channel lower edge support is under tremendous pressure to give to bearish advances. Bitcoin has resumed the sluggish price action a day after hitting a new record high close to $65,000. The recent upswing occurred after Coinbase was directly listed on […]

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Is It A Good Time to Buy Bitcoin? Analyses Suggests ‘Waiting’ Before BTC Passes $64k

Coinbase direct listing (Not An IPO!) was a huge success and $COIN trading is open at Nasdaq making Coinbase the first company to go public. Bitcoin price is currently in the greedy stage and losing $61,000 may trigger short term bearish sentiment. So, first let’s take a look at Bitcoin Greed Index. Bitcoin Greed Index […]

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Bitcoin Makes Headlines In Cricket World But For Wrong Reasons

International Cricket Council (ICC), the international cricket governing body has concluded a corruption case concerning Zimbabwe International captain Heath Streak who has been banned for 8 years for passing on critical match day information to bookies.  Streak was found guilty of corruption charges and found to be involved in passing on information to bookies during […]

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World’s Largest Asset Manager Black Rock CEO says Crypto Can Become a Great Asset Class

Larry Fink, CEO of the world’s largest asset manager Blackrock in a recent interview with CNBC said cryptocurrencies can become a great asset class. Fink added that people should stop looking at Cryptocurrencies as substitute money as it has risen as a form of investment rather than a substitute for currency. Fink explained, “It may […]

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World’s Third Richest Insurer AXA Now Accepts Bitcoin Payments in Switzerland

AXA, a multinational insurance firm is all set to offer a Bitcoin payment option for its customers in Switzerland, making them the first all-line insurer to do so. The new payment option is available for all the customers in Switzerland since the start of April and would allow them to pay premiums for all non-life […]

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WallStreetBets Welcomes Crypto Discussions, Ark Investment Picks $246 Million Worth COIN Stock on Day 1

WallStreetBets, the popular Reddit group of retail investors behind the controversial GameStop (NYSE: GME) rally, has welcome the current crypto market rally as Bitcoin (BTC) clocks an all0time high above $64,700 on Wednesday, April 14. The Reddit web forum has started a thread for crypto discussion for cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). […]

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