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The past few months have been marked by increasing fears of inflation, excessive money printing, and an increased conversation about the role of Bitcoin and gold amidst such a bleak outlook.
Bitcoin’s price action has done little to offer investors with insight into its mid-term trend, as the cryptocurrency has formed a massive trading range between $10,000 and $12,000 throughout the past few weeks.
Bakkt, the fully-regulated institutional US exchange for cryptocurrencies, reported the highest-ever volume for its Bitcoin futures product yesterday, after several dismal months.
Software firm MicroStrategy made waves within the crypto market last month when news broke regarding their acquisition of $250 million worth of Bitcoin.
Bitcoin’s recent correction that brought it from the $12,000 highs to $9,800 didn’t catch all analysts off guard.
The stock market has seen some slight weakness today, despite opening to a strong start.
Fanatics of the burgeoning decentralized finance (DeFi) space injected a record amount of Bitcoin into Ethereum-based protocols, searching for high yields and finding a way to earn funds on their capital.
Jack Dorsey is undoubtedly one of the most prominent Bitcoin advocates.
The case for Bitcoin as a proven hedge for the global equity market may have failed temporarily, at least per recent data.
Bitcoin fanatics may not need to wait much longer for them to farm sky-high yields on the digital asset if an upcoming product launch goes as planned.
A London-based Bitcoin wallet company is reportedly considering a public listing in the UK in the coming months, according to British news outlet Telegraph.
Since peaking at local highs of $12,075 last week, Bitcoin has experienced a strong drawdown as depicted in the chart below.
Bitcoin has undergone a strong correction over the past few days.
The ongoing frenzy in the decentralized finance (DeFi) focused crypto market has led to industry leader Bitcoin lose its “dominance” by a significant percentage, data on tracking site CoinMarketCap shows.
A new study from a Japanese crypto exchange showed the country’s crypto fanatics favored Bitcoin ahead of local favorites XRP and Monacoin, with trading volumes for the former significantly higher than the latter two and other altcoins.
By most analysts’ interpretations of the Bitcoin price chart, the cryptocurrency market is in the early innings of another bull trend.
The Federal Reserve Chairman revealed in a recent speech that the central bank would be breaking from years of historical precedent with their latest decision to allow inflation to run high while keeping interest rates low.
Fears of massive oncoming inflation, led by incessant money printing and economic disbalance in the US, is causing investors to seek refuge in a variety of alternative assets, including Bitcoin, gold, and even whiskey.
On August 27, Federal Reserve chairman Jerome Powell delivered his remarks at the digital central banker symposium normally conducted in Jackson Hole.
Crypto firm ShapeShift filed a civil action against a former employee of its engineering team who allegedly stole over 90 Bitcoin from company accounts, court documents show.
It has been a rough day for Bitcoin, with the benchmark cryptocurrency seeing intense turbulence that has caused its price to oscillate between highs of $11,600 and lows of roughly $11,100.
A big marketplace known for selling illicit and illegal products on the dark web has reportedly exit-scammed with over $30 million in Bitcoin, as per reports.
A new report out of Mexico noted that financial institutions and banks launder a huge amount of money compared to newer financial businesses, according to El Economista.
On Crypto Twitter and in the media, Bitcoin is touted as the one way through which anybody in the world can reliably skirt capital controls.
Bitcoin’s price is showing some signs of weakness as it hovers above its crucial support at $11,300.
Retail investors have proven to be a powerful, market-moving force many times over the past several years.
Exchanges have been seeing massive Bitcoin outflows in recent months, which has been a rapidly unfolding development seen by many as being bullish for the benchmark cryptocurrency.
Miners on the Bitcoin network are facing the highest difficulty they ever have to generate new blocks, data shows.
In the latest proposal concerning Bitcoin and crypto businesses, the UK’s top financial regulator, the Financial Conduct Authority, said all firms would be compelled to share reports on potential money laundering.
Wouldn’t it be weird if the first thing you saw in your morning newspaper was a massive Bitcoin logo? Well, that’s what happened on August 24, when readers of the popular Hong Kong newspaper the Apple Daily were treated to a full-page advertisement promoting the leading cryptocurrency.
Bitcoin has been seeing relatively quiet price action throughout the past few weeks, with the cryptocurrency primarily trading within the upper-$11,000 region as its bulls and bears reach an impasse.
Coinbase CEO Brian Armstrong said tech giant Apple has “restrictive” policies towards the cryptocurrency sector, as per a tweet this weekend.
Tech giant Google rescinded the license of a Philippines business running a scam involving Bitcoin and gift cards over the weekend, according to local reports.
The recent narrative is that Bitcoin is now correlated with the price of gold.
The Bitcoin bull run in 2020 has sent ripples (no puns) across the crypto space with market observers calling for the asset to eventually reach all-time highs later this year.
On August 13, Barstool Sports’ founder Dave Portnoy finally dived into Bitcoin and crypto after playing with the idea for a number of weeks.
Bitcoin is showing some signs of weakness today as its price drifts down towards its crucial short-term support level at $11,600.
Throughout its relatively young history, Bitcoin (BTC) has not stayed above the pivotal $10,000 level for many prolonged periods.
Bitcoin has begun to lose grip of the bullish uptrend it was embroiled in.
After months of bitcoin experiencing surprising stability, its volatility is back.
In 2017 and 2018, Bitcoin proponents coined the term “the institutional herd” to describe the flood of Wall Street investors and companies that were then expected to grace the cryptocurrency market.
A prominent Singapore bank said Bitcoin and other public cryptocurrencies present a “new frontier” for contactless payments and digital money, one that’s past their days of being dismissed by bankers.
The crypto market appears to be entering a full-fledged bull run, with Bitcoin and other major altcoins slowly advancing higher while smaller market-cap coins see parabolic momentum.
Bitcoin appears to be in the early stages of its next bull run, with the cryptocurrency’s price rallying past $12,000 today and setting fresh yearly highs at $12,400.
Decentralized finance (DeFi) has seen parabolic growth in recent months, evidenced by tokens pertaining to the space rallying thousands of percent, massive projects being minted out of thin air, and the sheer number and variety of individuals talking about the subject.
Yesterday, the crypto community watched in awe as the Winklevoss Twins met with Barstool Sports founder Dave Portnoy to inform him about Bitcoin.
What do you do when two identical men standing 6 ft 5 in tall pull up to your house in the Hamptons during a pandemic? If you’re Dave Portnoy, the founder of Barstool Sports, you open the door and welcome them in.
Hong Kong-based crypto exchange and card provider Crypto dot com is launching an attractive competition for Bitcoin fanatics in September, ahead of its “public beta” exit.