Category: Bitcoin

As Bitcoin (BTC) continues sideways inside the $30,000-$40,000 range, new data is emerging about the potential for a bullish breakout. Is Bitcoin silently readying for a breakout like in Q4 2020?  Willy Woo, an on-chain analyst, anticipates a potential supply shock in the Bitcoin market as long-term holders continued raking BTC supply from short-term ones. Woo

Digital asset firm CoinShares says there’s a potential shift in sentiment among crypto investors as inflows return to the markets. In a new report, CoinShares tracks tens of millions of dollars that’s now flowing into crypto funds after a lengthy hiatus.   “For the first time in five weeks, digital asset investment products saw inflows

New York-based crypto loans and savings startup BlockFi launched its Bitcoin (BTC) rewards credit card today. The card is available to select approved customers on the United States waitlist.  Officially named BlockFi Rewards Visa Signature Credit Card, the card was first announced at the end of last year by Visa and BlockFi. Available to use

Argo Blockchain, a publicly traded blockchain technology company focused on cryptocurrency mining, is looking at a potential secondary listing on the Nasdaq exchange. On Tuesday, the company announced that it is now exploring the possibility of a secondary listing on the Nasdaq as part of its operational and strategic update for June 2021. Argo Blockchain said

Bitcoin’s second-quarter price battering has pundits speculating that Tesla may have to report a loss of up to $100 million for Q2. With the price of Bitcoin recently dropping to revisit levels last seen in January, CNBC business analyst Kate Rooney asserted on July 6 that Tesla may face an “impairment charge” — requiring it

Bybit, the world’s fifth-largest cryptocurrency derivatives exchange by trading volume, is planning to impose Know Your Customer rules. The Singapore-based company posted several statements on introducing major KYC policies on its platform in order to “improve security compliance for all traders.”  A spokesperson for Bybit told Cointelegraph that Bybit will introduce KYC procedures starting from July

China’s crackdown on Bitcoin (BTC) mining continues to face determined responses across the crypto ecosystem. One of the first BTC exchange operators and co-founder of Zap Protocol, Nick Spanos, said that the crackdown only proves Bitcoin is an unstoppable machine “if the world’s second-biggest economy can’t crush, devalue and manipulate Bitcoin.” Noting that the crackdown

Bitcoin (BTC) topping out at $64,500 would mean that this bull market is unlike any other in history, one commentator argues. In a tweet on Tuesday, Alex Saunders, founder and CEO of Nuggets News, used a classic Wall Street paradigm to suggest that BTC’s price is far from its macro top. No Bitcoin bull run

An ex-employee of the collapsed New Zealand-based cryptocurrency exchange Cryptopia says he stole about $177,000 in crypto from his employer. The theft of the digital assets took place months after the exchange suffered a hack in January of 2019, an event that resulted in the loss of cryptocurrencies valued at over $17.7 million, according to

Bitcoin’s recent dramatic sell-off could trigger a $100,000,000 impairment loss on Tesla’s Q2 financial records.  After BTC’s drop from an all-time high of $64,800 to as low as $29,100, CNBC technology reporter Kate Rooney explains the electric auto giant will need to disclose this impairment loss in Q2.    “Tesla will face what’s known as