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Cryptonews Tags Bitcoin

# Bitcoin (Page 325)

Majority Expects Bitcoin to Hit USD 10,000 Before Moving Higher – Survey
Bitcoin (BTC) is more likely to fall to USD 10,000 than it is to rise to USD 30,000, the majority of respondents in a new survey by Bloomberg Markets Live believe.According to the survey, 60% of respondents said they believe bitcoin will fall to USD 10,000 before any significant rise in price is...
, by Fredrik Vold
Binance Wash Trading Behind Huge Bitcoin Volume Surge, Incentives Being Removed, CZ Says
 The removal of some trading fees on the major crypto exchange Binance is believed to be the reason behind a surge in trading volume on Friday that ended up barely moving the price at all. Now, Binance CEO Changpeng Zhao (CZ) has announced steps to combat so-called wash trading on his...
, by Fredrik Vold
The Coming Recession is Going to Hit Crypto, but Not as Hard as You Think
 "The squeeze on people's disposable incomes caused by high inflation has had a big negative impact on stocks & crypto markets.""We're now in a highly volatile economic environment, so it's almost impossible to look much further ahead with any degree of confidence.""We don't need a return...
, by Simon Chandler
How to Stake (Wrapped) Bitcoin: A Beginner’s Guide
 The Bitcoin (BTC) network uses a proof-of-work (PoW) consensus protocol to secure the network, which means network participants can earn mining rewards (if they choose to mine the digital currency), but they can’t earn staking rewards natively. Fortunately, for BTC holders who...
, by Alex Lielacher
Blockchain.com’s USD 270M Exposure to Three Arrows Capital + More News
 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Exchanges news Blockchain.com CEO Peter Smith said in a letter to shareholders that Three Arrows Capital (3AC), the...
, by Sead Fadilpašić
Analysts Discuss ‘Inherent Resilience’ in Bitcoin & Crypto as Rally Fades
 Major cryptoassets gave back some of their previous gains in early European trading on Friday after a strong overnight session that briefly sent bitcoin (BTC) above the USD 22,000 mark, helped by improving risk sentiment on Wall Street on Thursday. Despite the losses in early trading, the...
, by Fredrik Vold
Mt. Gox Trustee Moves Closer to Pay-Out, Asks Creditors for Payment Details
 The trustee holding what is left after the infamous collapse of the early crypto exchange Mt. Gox is moving closer to a pay-out, asking creditors how they would like to get paid, according to a new letter.In the letter, dated July 6, Mt. Gox’s Japanese trustee, Nobuaki Kobayashi, has...
, by Fredrik Vold
Short Bitcoin ETF Sees Higher Trading Volume Last Week as Longs Liquidated
 The recently-launched short Bitcoin (BTC) exchange-traded fund (ETF) BITI saw higher trading volumes last week compared to its launch week. The peak in volume so far happened as liquidations of leveraged bitcoin long positions reached its highest in close to two weeks.Judging from trading...
, by Fredrik Vold
Reddit Launches NFT Avatar Marketplace, New Gaming Investments + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ NFTs news Social network Reddit is launching a new NFT-based avatar marketplace that allows users to purchase blockchain-based...
, by Sumejja Muratagić-Tadić
Pressure on SEC Chair Rises as Even WSJ Accuses Gensler of ‘Holding Investors Hostage’ with Bitcoin ETF Stance
 The US Securities and Exchange Commission (SEC) Chairman Gary Gensler is “taking investors hostage” with his insistence to deny spot Bitcoin (BTC) exchange-traded products (ETPs) and exchange-traded funds (ETFs) to launch in the US, the influential Wall Street Journal said in its...
, by Fredrik Vold
Ethereum’s Step Towards PoS, Bitcoin Mining Difficulty, Binance’s BTC Trading Fee Move + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Blockchain news Ethereum (ETH) developers have performed the Merge on the Sepolia public testnet, meaning that the testnet's...
, by Linas Kmieliauskas
One Exchange Stands Out as Indian Crypto Trading Drops Following New Tax
 Crypto trading volumes on major Indian exchanges saw a notable decline on July 1 compared to the day before, after a new 1% tax on all crypto transactions was implemented in the country. However, one exchange still stood out as a winner, with trading volumes rising.According to trading data...
, by Fredrik Vold
Ethereum Transaction Fees Dip to Lowest Since December 2020, Bitcoin Fees Relatively Stable
 The depressed state of the crypto market has also taken its toll on transaction fees, with Ethereum (ETH) fees now finally coming down to lows not seen since December 2020 -- while Bitcoin (BTC) fees remained around the same low level they have been at for the past year.The low on...
, by Fredrik Vold
NFT Stamps and Use Cases, Crypto Taxation in UK, Frozen USD 85M + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ NFTs news The Austrian Post, the country’s postal service, launched a new product category called Crypto stamp art (CSA) which...
, by Linas Kmieliauskas
Cautious Bullishness in Bitcoin & Crypto Amid Warnings of Further Downsides
 The crypto market saw modestly higher prices on Monday, despite warnings from analysts and institutional investors that the market could fall further as contagion from recent insolvencies continues to spread.As of Monday at 16:17 UTC, bitcoin (BTC) traded at USD 19,819, up 4% for the past 24...
, by Fredrik Vold
Peter Schiff Gets an Unexpected Lesson in the Benefits of Bitcoin as Banking Woes Bite
 The arch-Bitcoin (BTC) skeptic Peter Schiff has experienced problems with the traditional international banking system – giving BTC advocates the opportunity to tell him that his struggles could have been avoided had he made use of bitcoin.Schiff has become infamous in the world of...
, by Tim Alper
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