Category: Bitcoin

India’s central bank has issued an official notice regarding the fact that local banks are reportedly cautioning customers against using cryptocurrencies like Bitcoin (BTC). Published Monday, the notice points out that the Reserve Bank of India is aware of media reports that certain banks have cautioned their customers against crypto by referring to the RBI’s

Crypto analyst and trader Michaël van de Poppe says he’s looking at a digital asset subsector that he believes could leave many traders in disbelief. In a new tweet, Van de Poppe tells his 326,400 followers that Chainlink (LINK) along with the entire decentralized oracle space will surprise many people. #Chainlink is one of the

Singapore-based Bybit, the world’s fifth-largest cryptocurrency derivatives exchange by trading volume, has allegedly been running unregistered crypto services in Japan, according to an official warning. The Japan Financial Services Agency issued a formal warning letter to Bybit stating that the firm is not registered to operate crypto services in the country. The warning comes in response

A recent run-down in Bitcoin’s (BTC) price from about $65,000 to as low as $30,000 did not force long-term holders into selling, Glassnode data shows. The on-chain analytics platform revealed a spike in Bitcoin reserves held in wallets with lower unspent output just as BTC/USD’s bids were crashing. Meanwhile, the data also shows a Bitcoin

Bitcoin (BTC) is starting a new week bearish or as a firm “buy” depending on the source — what happens next? After a week of uninspiring price performance, the largest cryptocurrency is still stuck in the lower $30,000 range. With inflation worrying traditional markets and summer months traditionally good for bulls, there may yet be

Ireland’s central bank director general for financial conduct is the latest official to point out issues of Bitcoin (BTC) and the cryptocurrency industry following a major market sell-off. The growing popularity of cryptocurrencies like Bitcoin is “of great concern,” the Central Bank of Ireland’s Derville Rowland warned, Bloomberg reports Monday. “Crypto assets are quite a

Crypto trader Dave the Wave who nailed Bitcoin’s collapse from $60,000 is unveiling when he believes the BTC bull market will resume.  In a new tweet, the analyst known as Dave the Wave tells his 59,300 followers that he sees Bitcoin reversing its bearish trend sometime in the third quarter of this year.  “On the

Police officers in the United Kingdom discovered an elaborate Bitcoin mining operation after suspecting that it was a cannabis farm. In a statement, police from Sandwell, West Midlands say it suspected that a building in the Great Bridge Industrial Estate could be growing cannabis because of the number of people visiting the place at different

Traders are using various strategies to determine whether Bitcoin price has bottomed, but on-chain activity and derivatives data hint that the situation remains precarious. Has Bitcoin price bottomed yet? According to @noshitcoins, derivatives and on-chain data signal that further downside could be in store. Traders have been trying to time the much-anticipated trend reversal ever

Cathie Wood, founder of global asset management company ARK Invest, says she sees a scenario where central banks could start accumulating Bitcoin and other crypto assets. In a new episode of The Breakdown podcast, the superstar hedge fund manager says her firm believes that deflation, not inflation, will hit global markets as consumer demand shifts