Betting Big on Bitcoin Was a Short-Term Mistake, Admits Scaramucci
Famous American financier Anthony Scaramucci has admitted that having massive exposure to Bitcoin was a mistake in the short run,...
Bitcoin News
Portfolio in the red? How tax-loss harvesting can help stem the pain
Crypto investors — particularly those that bought in toward the top of the market in 2021 — may be able...
Thailand’s Oldest Lender Delays Bitkub Exchange Acquisition Amid Tighter Crypto Rules – Exchanges Bitcoin News
The company that owns Thailand’s Siam Commercial Bank has postponed a deal to acquire a majority stake in Bitkub, the...
Bitcoin (BTC) Reaches Crucial Long-Term Moving Average
Bitcoin (BTC) has broken out from a long-term descending resistance line and is in the process of reclaiming its 200-week...
Over $600 Million Liquidated as Bitcoin’s Price Soars Towards $23K
The crypto market continues its momentum this week, now soaring up towards $23,000 – a price point it hasn’t seen...
100X Bitcoin energy use would mean ‘absurd’ $20M BTC price — developer
A new contributor to the Bitcoin (BTC) energy debate says that 1 BTC would have to cost $20 million to...
South African Court Releases Former Monero Developer Riccardo Spagni From Custody – Regulation Bitcoin News
A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came...
Bitcoin (BTC) Continues Consolidation Phase Near $20,000 Support Level
Bitcoin (BTC) rebounded by $2,000 since July 13, but the price action has yet to move outside of its consolidation...
New York Yankees Ready to Pay Employees in Bitcoin by Partnering With NYDIG
Renowned baseball team, New York Yankees, is set to let its employees convert a portion of their paychecks to BTC...
BTC mining costs reach 10-month lows as miners use more efficient rigs
The cost of mining one Bitcoin (BTC) has fallen to ten-month lows as mining hardware becomes more efficient, and difficulty...
The Key to Attaining the UN Goal to Reduce Remittance Costs to Less Than 3% by 2030 – Op-Ed Bitcoin News
The cost incurred by African migrants or expatriates when sending funds via the so-called formal corridors remains way above the...
Bitcoin (BTC) Falls to Support Zone Of Consolidation Pattern; Will It Break Down?
Bitcoin (BTC) is close to breaking down from a corrective pattern that had been in place since June 18. If...
Capital Flooding in Bitcoin and Ethereum Tends to Stay: Messari
The bloodbath will probably worsen, at least, until the end of the year as inflation will remain above 5%, and...
US inflation data will be ‘messy’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts another week in a precarious position near $20,000 ahead of fresh macro upheaval.After admittedly sealing its best...
Bitcoin’s ‘Fundamental Value Is Not in Line With Market Price’ — Crypto Miner – Interview Bitcoin News
Profitable bitcoin mining is essentially a result of an efficient and highly skilled team of professionals that can maintain runtime,...
Bitcoin Critic Peter Schiff’s Bank Closed Over Alleged Tax Evasion, Money Laundering
Regulators in Puerto Rico have issued a cease-and-desist order to a bank that is owned by bitcoin critic Peter Schiff,...
Celsius Paid Back Entire Loan to Maker, Reclaiming Nearly 22K BTC Collateral
After paying back an additional $41.2 million in Dai to decentralized lending platform Maker, Celsius Network now can reclaim approximately...
Bloomberg analyst tips bullish BTC recovery in next six months
The price of BTC could be set for a bullish rebound this year, says Bloomberg’s senior commodity strategist Mike McGlon,...
India Hikes Duty on Imported Gold, Seeking to Bring Down Trade Deficit – Economics Bitcoin News
In its attempt to relieve the pressure against the rupee, the Indian government announced on July 1 that it had...
Bitcoin (BTC) Hovers Above Long-Term Horizontal Support
Bitcoin (BTC) is in the process of creating a bullish pattern above the $19,200 support area. The pattern is also...
El Salvador Buys the Dip: Adds 80 BTC at $19K
The government of El Salvador purchased 80 BTC amid the cryptocurrency market crash. The country spent over $1.5 million to...
What determines the Bitcoin price?
Various factors impacting Bitcoin's price include the supply and demand of BTC, competition from other cryptocurrencies and news, cost of...
