Bitcoin spikes above $22,500, but odds are it’s a fakeout

Bitcoin’s (BTC) price spiked to $22,500 in the early hours of July 8, prompting calls of a bullish revival from some quarters. The post Bitcoin spikes above $22,500, but odds are it’s a fakeout appeared first on CryptoSlate. дальше »

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Prince of Serbia claims unnamed Arab nation on the verge of adopting Bitcoin

Prince Philip Karadjordjevic of Serbia said Bitcoin and Sharia Law are conceptually compatible before teasing the prospect that an Arab monarchy or country may adopt BTC. The post Prince of Serbia claims unnamed Arab nation on the verge of adopting Bitcoin appeared first on CryptoSlate. дальше »

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Mining giant is forced to sell-out 79% of BTC to pay debt

One of the top crypto mining companies, Core Scientific, sold 79% of its Bitcoin holdings in June to survive the bear market. The post Mining giant is forced to sell-out 79% of BTC to pay debt appeared first on CryptoSlate. дальше »

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OpenNode partners Lemon Cash to give Argentinians access to Bitcoin’s Lightning Network

Bitcoin payments infrastructure platform OpenNode has partnered with Lemon Cash, a popular cryptocurrency wallet provider in Latin America. The post OpenNode partners Lemon Cash to give Argentinians access to Bitcoin’s Lightning Network appeared first on CryptoSlate. дальше »

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Crypto winter too harsh for ‘tourists’

Bitcoin’s (BTC) price crash has pushed out “market tourists,” and only long-term holders are currently trading the asset, a Glassnode report revealed on July 5. The post Crypto winter too harsh for ‘tourists’ appeared first on CryptoSlate. дальше »

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Hacker wants 10 Bitcoin in exchange for Chinese citizens’ stolen data

An anonymous hacker has offered to sell the stolen personal data of over 1 billion Chinese citizens for 10 Bitcoin (BTC), roughly $200,000. The post Hacker wants 10 Bitcoin in exchange for Chinese citizens’ stolen data appeared first on CryptoSlate. дальше »

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Roger Ver delivers ‘disappointing’ statement on unfolding CoinFLEX saga

Roger Ver gave his take on the CoinFLEX situation during the latest Bitcoin Cash Hangout session. The post Roger Ver delivers ‘disappointing’ statement on unfolding CoinFLEX saga appeared first on CryptoSlate. дальше »

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Public companies holding Bitcoin face impairment losses amid market crash

MicroStrategy, Tesla, and other public companies holding Bitcoin face significant impairment losses as Bitcoin (BTC) closed the second quarter below $19,000. The post Public companies holding Bitcoin face impairment losses amid market crash appeared first on CryptoSlate. дальше »

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Bitcoin experiences worst month in history as over $400B is wiped off crypto market in June

The crypto industry has experienced its worst month ever as over $400 billion was wiped off the market by the capitulation of digital assets in June. The post Bitcoin experiences worst month in history as over $400B is wiped off crypto market in June appeared first on CryptoSlate. дальше »

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President Bukele says ‘thank you for selling cheap,’ as El Salvador buys more Bitcoin

President Bukele tweeted July 1 that El Salvador had bought another 80 Bitcoin (BTC) at $19,000 per token. The post President Bukele says ‘thank you for selling cheap,’ as El Salvador buys more Bitcoin appeared first on CryptoSlate. дальше »

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What’s next for Bitcoin as market sentiment sours?

Recent market volatility pushed Bitcoin below $20,000, marking the first time in its history it had sunk lower than the previous cycle peak. The post What’s next for Bitcoin as market sentiment sours? appeared first on CryptoSlate. дальше »

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CFTC charges Mirror Trading International with alleged fraud of $1.7 billion worth of Bitcoin

The Commodity Futures Trading Commission (CFTC) has charged Cornelius Johannes Steynberg and his company Mirror Trading International (MTI), with fraud and registration violations. The post CFTC charges Mirror Trading International with alleged fraud of $1. дальше »

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Pentagon-commissioned report claims just 4 entities can disrupt Bitcoin

Research conducted by security experts Trail of Bits concluded that the notion of blockchain decentralization is a fallacy. The post Pentagon-commissioned report claims just 4 entities can disrupt Bitcoin appeared first on CryptoSlate. дальше »

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First Spot Bitcoin ETF approved to launch in Europe in July

Jacobi Asset Management has announced it will launch a European spot bitcoin ETF this July. The post First Spot Bitcoin ETF approved to launch in Europe in July appeared first on CryptoSlate. дальше »

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Saylor’s faith in Bitcoin unshaken as MicroStrategy buys another 480 BTC

United States-based business intelligence firm MicroStrategy has added 480 Bitcoin (BTC) to its coffers despite the bear market, the company announced on June 29. The post Saylor’s faith in Bitcoin unshaken as MicroStrategy buys another 480 BTC appeared first on CryptoSlate. дальше »

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Bitcoin sees sharp decline in correlation with tech equities, Kaiko says

The correlation between Bitcoin (BTC) and Nasdaq 100 reduced this month after reaching a record of .8 last month, according to a new Kaiko report. The post Bitcoin sees sharp decline in correlation with tech equities, Kaiko says appeared first on CryptoSlate. дальше »

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CoinFLEX CEO claims investor “Bitcoin Jesus” personally owes the exchange $47M USDC

Mark Lamb, CEO of CoinFLEX, tweeted June 28 that Roger “Bitcoin Jesus” Ver owes the exchange $28 million USDC and has been issued a notice of default. The post CoinFLEX CEO claims investor “Bitcoin Jesus” personally owes the exchange $47M USDC appeared first on CryptoSlate. дальше »

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Salvadorian entrepreneurs can now claim a $100,000 Bitcoin grant

According to Bitcoin Archive, in a bid to boost the local Soyapango economy, Salvadorian entrepreneurs operating in the region can claim a $100,000 Bitcoin grant. The post Salvadorian entrepreneurs can now claim a $100,000 Bitcoin grant appeared first on CryptoSlate. дальше »

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Bitcoin mining company Compass Mining loses facility for not paying electricity bill

Compass Mining is a Bitcoin (BTC) hosting company offering managed mining services to Bitcoin miners. The post Bitcoin mining company Compass Mining loses facility for not paying electricity bill appeared first on CryptoSlate. дальше »

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Bitcoin sees record outflows as Ethereum bucks trend

Crypto investment products witnessed the largest outflows in its history as $423 million was withdrawn from the space in the week of June 20, according to CoinShares’ weekly report. The post Bitcoin sees record outflows as Ethereum bucks trend appeared first on CryptoSlate. дальше »

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SEC Chairman Gary Gensler calls Bitcoin a commodity

United States Securities and Exchange Commission (SEC) Chairman Gary Gensler said that Bitcoin was the only cryptocurrency he was prepared to publicly label a commodity. The post SEC Chairman Gary Gensler calls Bitcoin a commodity appeared first on CryptoSlate. дальше »

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Glassnode report shows 2022 bear market is the worst in history

Blockchain analytics company Glassnode’s latest report reveals the 2022 bear market as the worst in history and many investors have sold their Bitcoin (BTC) holdings at a discount. The post Glassnode report shows 2022 bear market is the worst in history appeared first on CryptoSlate. дальше »

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Crypto market regains 11% capitalization in a week

On the week of June 13, the crypto market took a major hit after Bitcoin’s price fell.

The post Crypto market regains 11% capitalization in a week appeared first on CryptoSlate.

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Investors pull Bitcoin from exchanges as BTC on CEXs at lowest levels since 2018

The number of Bitcoins held on centralized exchanges has dropped to the lowest level since 2018, according to information from Glassnode. The post Investors pull Bitcoin from exchanges as BTC on CEXs at lowest levels since 2018 appeared first on CryptoSlate. дальше »

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How to find opportunities in a bear market

Since April, the cryptocurrency market has been in a severe downturn.  Bitcoin is down by 70% from all-time highs, while Ethereum is down 80%. The post How to find opportunities in a bear market appeared first on CryptoSlate. дальше »

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Jim Cramer says bull market may return soon but full recovery for Bitcoin years off

CNBC’s Mad Money host Jim Cramer said a short bull sentiment might arise in the coming months if six things happen. The post Jim Cramer says bull market may return soon but full recovery for Bitcoin years off appeared first on CryptoSlate. дальше »

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Analysis of previous Bitcoin bottoms suggests more pain to come

Market Analyst at Bitcoin Magazine, Sam Rule, tweeted a comparative chart of Bitcoin returns over the last four significant peaks. The post Analysis of previous Bitcoin bottoms suggests more pain to come appeared first on CryptoSlate. дальше »

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Bitcoin miners are forced to sell to cover operating costs

Bitcoin miners are selling their earnings to keep up with the increasing operating costs. The post Bitcoin miners are forced to sell to cover operating costs appeared first on CryptoSlate. дальше »

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FTX CEO Sam Bankman-Fried now single largest shareholder of Voyager Digital

On June 22, Voyager released a press release announcing a $200 million and 15K Bitcoin loan from Alameda Ventures. The post FTX CEO Sam Bankman-Fried now single largest shareholder of Voyager Digital appeared first on CryptoSlate. дальше »

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Saylor goes full maxi, slamming everything that isn’t Bitcoin

MicroStrategy CEO Michael Saylor has thrown altcoins under the bus by calling on regulators to do their part in tackling risky crypto industry practices. The post Saylor goes full maxi, slamming everything that isn’t Bitcoin appeared first on CryptoSlate. дальше »

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Bitcoin investors see record realized loss of $7B amid downturn

Bitcoin hodlers lost over $7 billion to the market crash between June 16 to June 18 as investors scrambled to sell coins they bought for higher prices, according to a Glassnode report. The post Bitcoin investors see record realized loss of $7B amid downturn appeared first on CryptoSlate. дальше »

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El Salvador’s President says ‘Bitcoin will pick up, don’t worry and enjoy life’

El Salvador’s President Nayib Bukele assured citizens that the current bear market is not the end for Bitcoin (BTC) and advised Bitcoin investors to stop worrying and be patient. The post El Salvador’s President says ‘Bitcoin will pick up, don’t worry and enjoy life’ appeared first on CryptoSlate. дальше »

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Bitcoin Suisse Director says crypto market is forming a bottom

Although the crypto market is going through a challenging phase, the core systems are functioning well, crypto-financial service provider Bitcoin Suisse’s Director Giles Keating told CNBC. The post Bitcoin Suisse Director says crypto market is forming a bottom appeared first on CryptoSlate. дальше »

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Recent volatility sees Bitcoin Stock-to-Flow model breached for the first time

Self-described Bitcoin maximalist Rob Wolfram has been charting the BTC price against the Stock-to-Flow model. The post Recent volatility sees Bitcoin Stock-to-Flow model breached for the first time appeared first on CryptoSlate. дальше »

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Bitcoin tumbles to $18k, trades below previous cycle’s ATH first time in history

Bitcoin (BTC) fell below a previous cycle’s all-time-high price — $19,750 — for the first time in its history after it hit $18,750 in the early hours (GMT) of June 18. The post Bitcoin tumbles to $18k, trades below previous cycle’s ATH first time in history appeared first on CryptoSlate. дальше »

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Bitcoin uses 56 times less energy than classical system

A recently published study compared Bitcoin’s and traditional finance’s energy requirements to find that Bitcoin currently uses 56 times less energy. The post Bitcoin uses 56 times less energy than classical system appeared first on CryptoSlate. дальше »

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Bitcoin (BTC), Ethereum (ETH), and Altcoin Prices Crash as MetaBlaze (MBLZ) Moves to Build an Ecosystem the Crypto World Needs

For months, there had been warning signs that the cryptocurrency market was due for a correction. The post Bitcoin (BTC), Ethereum (ETH), and Altcoin Prices Crash as MetaBlaze (MBLZ) Moves to Build an Ecosystem the Crypto World Needs appeared first on CryptoSlate. дальше »

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SEC commissioner Hester Pierce criticizes agency’s resistance to Bitcoin spot ETP

United States Securities and Exchange Commission (SEC) Commissioner Hester Pierce believes that it is time for the regulator to approve a Bitcoin spot exchange-traded product (ETP). The post SEC commissioner Hester Pierce criticizes agency’s resistance to Bitcoin spot ETP appeared first on CryptoSlate. дальше »

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El Salvador’s minister dismisses Bitcoin crash despite 50% loss in reserves

El Salvador’s Bitcoin reserves diminished by 50% and lost more than $50 million with the recent Bitcoin price fall. The post El Salvador’s minister dismisses Bitcoin crash despite 50% loss in reserves appeared first on CryptoSlate. дальше »

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Fed hikes interest rate by 75 basis points; Bitcoin continues to trade above $20,000

The Federal Open Market Committee has raised interest rates by 75 basis points, increasing the primary credit rate to 1.75%. The post Fed hikes interest rate by 75 basis points; Bitcoin continues to trade above $20,000 appeared first on CryptoSlate. дальше »

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MicroStrategy denies receiving a margin call against $205M BTC-backed loan

Business intelligence company MicroStrategy claims it has not received a margin call against the $205 million Bitcoin (BTC)-backed loan it took in March, Reuters reported. The post MicroStrategy denies receiving a margin call against $205M BTC-backed loan appeared first on CryptoSlate. дальше »

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BitMEX founder Arthur Hayes highlights danger of further decline in Bitcoin, Ethereum prices

BitMEX co-founder Arthur Hayes said that a further dip in Bitcoin (BTC) and Ethereum (ETH) prices below their current threshold could be disastrous for the market. The post BitMEX founder Arthur Hayes highlights danger of further decline in Bitcoin, Ethereum prices appeared first on CryptoSlate. дальше »

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El Salvador President under fire over $18M loss after Bitcoin tumbles to $23k

El Salvador’s Finance Minister Alejandro Zelaya played down the impact of Bitcoin crashing on the country’s financial health, Reuters reported. The post El Salvador President under fire over $18M loss after Bitcoin tumbles to $23k appeared first on CryptoSlate. дальше »

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Bitcoin mining equipment older than 2019 reaches shutdown price

As Bitcoin fell as low as $22,600, some mining equipment manufactured in 2019 is no longer profitable, while the rest is barely producing positive returns. The post Bitcoin mining equipment older than 2019 reaches shutdown price appeared first on CryptoSlate. дальше »

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Binance has resumed Bitcoin withdrawals after a temporary halt due to a “stuck transaction”

Binance, a major cryptocurrency exchange, has announced that Bitcoin (BTC) withdrawals have resumed after a three-hour hiatus. The post Binance has resumed Bitcoin withdrawals after a temporary halt due to a “stuck transaction” appeared first on CryptoSlate. дальше »

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Plummeting crypto markets see no reprieve as Bitcoin loses $23,000

Bitcoin (BTC) sees a 16% drop in value on Monday, taking the market leader below $23,000 for the first time since December 2020. The post Plummeting crypto markets see no reprieve as Bitcoin loses $23,000 appeared first on CryptoSlate. дальше »

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Binance temporarily suspends Bitcoin withdrawals

Binance has paused Bitcoin (BTC) withdrawals from the exchange as it works to resolve an issue with a stuck transaction. The post Binance temporarily suspends Bitcoin withdrawals appeared first on CryptoSlate. дальше »

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Web5 announced by Jack Dorsey’s Block to replace web3 as future of internet

Jack Dorsey announced at Consensus 2022 that TBD, the Bitcoin arm of Block, is working on a new vision for the internet – something it is calling web5. The post Web5 announced by Jack Dorsey’s Block to replace web3 as future of internet appeared first on CryptoSlate. дальше »

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Grayscale CEO says pension funds are looking to add Bitcoin

Grayscale CEO Michael Sonnenshein said pension funds are considering Bitcoin as an asset class for diversifying their portfolio. The post Grayscale CEO says pension funds are looking to add Bitcoin appeared first on CryptoSlate. дальше »

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Bitcoin of America increases ATMs across the U.S. by more than 30%

Virtual currency exchange company Bitcoin of America has increased its number of ATMs by more than 30% since May. The post Bitcoin of America increases ATMs across the U.S. by more than 30% appeared first on CryptoSlate. дальше »

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