Bitcoin News

Bitcoin News

Markets

Bitcoin's Rally Faces Initial Resistance at $45K-$47K, Support Is at $40K

BTC has confirmed a break above its two month-long downtrend.

Bitcoin daily price chart shows support/resistance with RSI on bottom panel (Damanick Dantes/CoinDesk, TradingView)

Finance

KPMG Canada Adds Crypto to Its Balance Sheet

The accounting firm acquired an undisclosed amount of bitcoin and ether using Gemini Trust’s execution and custody services.

KPMG_shutterstock

Markets

Crypto Fund Inflows Follow Pickup in Market Sentiment

Inflows into digital-asset funds last week were 4.5 times what they were the week before.

Crypto funds saw inflows of $85 million during the seven days through Feb. 4. (CoinShares)

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Finance

$4.4M Stolen in Hack of Blockchain Infrastructure Firm Meter

According to PeckShield, the hack on Saturday saw more than 1391 ETH and 2.74 BTC stolen.

Hack

Markets

XRP Leads Gains in Major Cryptos, Bitcoin Holds Above $42K

Stronger-than-expected U.S. jobs data and bitcoin adoption by two major credit unions supported a price recovery, analysts said.

Bitcoin broke above resistance amid several positive catalysts. (TradingView)

Markets

Bitcoin Will Reach $200K in Second Half of 2022, FSInsight Says

Ether could reach $12,000, the report said.

crown, king (shutterstock)

Finance

Tesla Records $101M Impairment Loss on Bitcoin Holdings for 2021

The company said it invested $1.5 billion in bitcoin in the first quarter of the year.

Tesla recharging. (Blomst/Pixabay)

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Markets

First Mover Asia: Bitcoin Sees Little Movement After Light Weekend Trading

Bitcoin moved little on Sunday after another weekend with light volume, while tokens associated with gaming saw a price bump.

Bitcoin options traders are betting the market waters will stay calm.

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