Bitcoin news

• Bitcoin rejects at $34.5K as analysts reveal key resistance level to beat next

  by coins on 24/06/2021 at 10:11 am

  A retest of $37,000 is now expected but Bitcoin must cement it as support in order to send a clear bull message. Bitcoin (BTC) erased some of its gains ...

• After Years of ASIC Manufacturing Canaan Expands to Bitcoin Mining in Kazakhstan

  by coins on 24/06/2021 at 7:30 am

  Canaan Inc., the crypto mining rig manufacturer based in Beijing, has announced the company plans to mine cryptocurrencies in Kazakhstan. The company says that the firm’s next-generation […]

• Data shows derivatives had little to do with Bitcoin’s drop to $29K

  by coins on 23/06/2021 at 9:15 pm

  Bitcoin price shocked investors as it plunged 20% to a 6-month low, but data shows derivatives played a marginal role in the correction. After a brief r...

• Price analysis 6/23: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

  by coins on 23/06/2021 at 8:00 pm

  The swift rebound in Bitcoin and altcoins indicates strong accumulation occurring at lower levels. Bitcoin (BTC) dropped below $30,000 on June 22, which...

• Lloyds Auctions Australia Sells a Pricey Caravan for Cryptocurrency

  by coins on 23/06/2021 at 7:30 pm

  Australia’s Lloyds Auctions now accepts major cryptocurrencies for any of the items offered on its marketplace. Within hours of the announcement, the auction house managed to sell an expensive […]

• Bitcoin bounce from $28.8K activates century-old financial model’s bullish thesis

  by coins on 23/06/2021 at 3:30 pm

  Bitcoin's recent push from under $30,000 to over $34,500 asserts hopes of a big price recovery ahead. A recent upswing in the price of Bitcoin (BTC) fol...

• Will regulation adapt to crypto, or crypto to regulation? Experts answer

  by coins on 23/06/2021 at 2:25 pm

  Here’s what crypto and blockchain industry experts think about the regulatory dilemma related to cryptocurrency. ...

• Bitcoin holds $34K as Bloomberg likens $30K support to $4K in 2020 BTC price crash

  by coins on 23/06/2021 at 1:43 pm

  Long-term outlooks remain bullish, but traders are not ruling out more pain first. Bitcoin (BTC) maintained $34,000 support on Wednesday as a rebound fr...
• Hodlers see opportunity in Bitcoin price crash, CoinShares exec says

  by coins on 23/06/2021 at 12:02 pm

  Meltem Demirors believes that the current Bitcoin price drop is a correction, and it is weeding out the paper hands. The downward trend in Bitcoin (BTC)...

• 3 reasons why Solana bounced harder than Bitcoin and Ethereum

  by coins on 23/06/2021 at 10:57 am

  The 14th largest cryptocurrency by market cap jumped by more than 55% after bottoming out at $20.14 on Tuesday. An overnight bounce across the cryptocur...

• While Bitcoin Hits New Lows Gold Bug Peter Schiff Blasts the Top Crypto and Supporters

  by coins on 23/06/2021 at 10:00 am

  The American economist, financial commentator, and gold bug Peter Schiff had a lot to say about bitcoin’s price sliding on Tuesday. Schiff has always claimed bitcoin’s value will one day drop to […]

• Chinese Bitcoin miners ‘not even in the mood to drink anymore’

  by coins on 23/06/2021 at 9:44 am

  Many Bitcoin miners in China are down with the blues as Beijing forces several operations to go offline. China, once home to about 65% of the total Bitc...

• Bitcoin price ‘very near bottom’ with $30K dip, says bullish institutional report

  by coins on 23/06/2021 at 8:35 am

  Stack funds draws attention to this week's $2.3 billion Bitcoin options expiry, with a potential change in sentiment coming thereafter. Bitcoin (BTC) is...

• Rwanda Central Bank Joins CBDC Bandwagon After Announcing Digital Currency Research

  by coins on 23/06/2021 at 2:30 am

  The National Bank of Rwanda (NBR) has become the latest African central bank to join the digital currency movement after an employee confirmed the institution is studying the possibilities of issuing […]

• Bitcoin heading for worst quarter since start of 2018 bear market

  by coins on 23/06/2021 at 2:01 am

  Bitcoin appears poised to post its second-weakest quarter since the start of 2014. Bitcoin is poised to post its worst-performing quarter since the start of the 2018 bear […]

• Salvadoran Representative Introduces Lawsuit Against the Bitcoin Tender Law for Being Unconstitutional

  by coins on 22/06/2021 at 8:30 pm

  Jaime Guevara, a Salvadoran representative, presented a lawsuit against the recently approved bitcoin tender law today. Guevara alleges the law is unconstitutional and brings a series of changes that […]

• Privacy Is Key for Successful Digital Euro, Data Protection Body Says

  by coins on 22/06/2021 at 7:00 pm

  The European Data Protection Board (EDPB) has issued a call for EU institutions to uphold privacy when designing a digital version of the euro. The agency is ready to provide advice on data […]

• Crypto Bears Claw Markets Lower, Bitcoin Price Drops Below $30K, Analysts Still Optimistic

  by coins on 22/06/2021 at 2:31 pm

  The price of bitcoin dropped to a new low in 2021, hitting $28,600 per unit Tuesday morning (EST). BTC has shed more than 10% in value over the last 24 hours and its market capitalization is now less […]

• A ‘seismic mining shift’ may be driving Bitcoin price below $30K: Report

  by coins on 22/06/2021 at 2:07 pm

  The benchmark cryptocurrency slipped briefly under the $29,500-level this Tuesday as a Glassnode report indicated possibilities of miner capitulation in China. ...

• China’s crackdown means Bitcoin is working, says crypto miner

  by coins on 22/06/2021 at 9:39 am

  A former crypto exchange engineer believes that China's ban on Bitcoin mining is “fantastic news.” China’s crackdown on Bitcoin (BTC) mining and cryptoc...

• Nicolas Maduro States Venezuela Pioneered Crypto Adoption in South America as Petro Use Flounders

  by coins on 22/06/2021 at 7:30 am

  President Nicolas Maduro stated that Venezuela was a pioneer in cryptocurrency adoption in Latam in an interview with Bloomberg last week. Venezuela is still one of the first cryptocurrency volume […]

• Bitcoin bear market confirmed? Analysts at odds over whales’ BTC exchange moves

  by coins on 22/06/2021 at 7:22 am

  Whale selling pressure is too great to preserve the bull market for now, one warning says, while similarities to 2017 provide a silver lining for hodlers. ...

• Data shows Bitcoin bears dominate Friday’s $2.5B BTC options expiry

  by coins on 21/06/2021 at 8:00 pm

  Bears have a potential $450 million lead if Bitcoin fails to hold $32,000 until June 25. Bitcoin (BTC) price dropped roughly 22% over the past 7 days, r...

• Malta’s ‘Wild West’ Approach: Regulators Claim $70 Billion in Crypto Passed Through ‘Blockchain Island’

  by coins on 21/06/2021 at 7:00 pm

  The island country of Malta in the Mediterranean Sea has been known to be friendly toward cryptocurrency solutions and blockchain technology for years now. According to a regional report, government […]

• Price analysis 6/21: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

  by coins on 21/06/2021 at 6:20 pm

  Bitcoin and altcoins are reaching critical support levels, but instead of buying the dip, traders are waiting to see if any bullish signals emerge. In a...

• 400+ Miners Seized in Venezuela Due to Lack of Permits

  by coins on 21/06/2021 at 5:00 pm

  Authorities seized more than 400 Bitcoin miners in Venezuela this weekend in two major confiscations. Local reports indicate military personnel seized 332 miners from a transport truck. In another […]

• If the peer review system is broken, what the hell is the point of Cardano’s reliance on it?

  by coins on 21/06/2021 at 3:27 pm

  “What the hell is the point of Bitcoin?” asks Cardano founder Charles Hoskinson. In a recent interview with Lex Fridman, Charles Hoskinson, the founder ...

• The US Government Is Auctioning $377K Worth of Bitcoin and Litecoin

  by coins on 21/06/2021 at 2:10 pm

  The U.S. government is selling bitcoin and litecoin worth $377K via the General Services Administration (GSA). The auction closes at 5 p.m. on Monday, with the possibility of an extended closing […]

• MicroStrategy expands company’s Bitcoin holdings with $489M purchase

  by coins on 21/06/2021 at 1:08 pm

  MicroStrategy has announced an additional Bitcoin purchase to the tune of $489 million. MicroStrategy has bought even more Bitcoin (BTC) despite the cur...

• PBOC Instructs China’s Banks to Forbid All Cryptocurrency Related Activities Immediately

  by coins on 21/06/2021 at 12:30 pm

  China’s central bank has sent notice to the country’s financial institutions instructing them to stop dealing with cryptocurrency transactions. The disclosure notes that the People’s Bank of […]

• Classic bearish chart pattern forms for Bitcoin as BTC price tumbles to $32K

  by coins on 21/06/2021 at 12:12 pm

  Bitcoin flashes a classic bearish technical pattern that could crash BTC prices to below $20,000. Bitcoin (BTC) bulls should look for a cover, at least ...

• China’s 3rd largest bank ‘rugs’ BTC: 5 things to watch in Bitcoin this week

  by coins on 21/06/2021 at 8:17 am

  A statement threatening account closures for crypto activity causes mayhem before being deleted minutes later as FUD rules supreme on Bitcoin markets this week. ...

• Bitcoin price dips to $32.5K on ‘consistent’ new China FUD

  by coins on 21/06/2021 at 7:02 am

  BTC/USD sheds $1,000 almost instantly as China's third-largest bank puts the cats amongst the pigeons in early trading. Bitcoin (BTC) shed $1,000 in min...