Discover the Latest Bitcoin (BTC) News

Fear in the Bitcoin and Ethereum Derivative Markets Points to More Pain Ahead for 3 to 6 Months – Report

John P. Njui·May 24, 2022

Fear in the Bitcoin and Ethereum Derivative Markets Points to More Pain Ahead for 3 to 6 Months - Report 16

Summary: Bitcoin’s value has been declining for a record-breaking eight consecutive weeks. The ongoing pullback has put a notable dent in the entire crypto market performance. Fear in the Bitcoin and Ethereum derivatives markets indicates that...

Bitcoin Miners in China Defy Crypto Mining Ban, Now Ranked 2nd in BTC Hashrate

John P. Njui·May 23, 2022

Bitcoin Miners in China Defy Crypto Mining Ban, Now Ranked 2nd in BTC Hashrate 17

Summary: Bitcoin miners based in China now control 21.1% of BTC’s hashrate. China is now ranked second in Bitcoin’s hashrate, hinting at the existence of covert mining facilities. This is despite China’s government reiterating in May...

Crypto Markets Lull After Massive Crash, Bitcoin Hovers Around $30,000

Naga Avan-Nomayo·May 23, 2022

Crypto markets slow down as Bitcoin ranges around $30K.

French Luxury Giant Balenciaga Unveils Bitcoin and Ethereum Payments

Naga Avan-Nomayo·May 23, 2022

More fashion leaders adopt bitcoin and other cryptos.

Crypto is Worth Nothing and Based on Nothing, Says ECB President Lagarde

John P. Njui·May 22, 2022

Crypto is Worth Nothing and Based on Nothing, Says ECB President Lagarde 18

Quick take: European Central Bank President, Christine Lagarde, has said cryptocurrencies are worth nothing and based on nothing. She added that cryptocurrencies do not have an underlying asset to act as an anchor of safety. ECB...

MicroStrategy Won’t Backpedal on its Bitcoin Game Plan – CFO

John P. Njui·May 22, 2022

MicroStrategy Won't Backpedal on its Bitcoin Game Plan - CFO 19

Quick take: MicroStrategy’s new Chief Financial Officer, Andrew Kang, has reiterated that the company will stick to its Bitcoin plan by not selling any BTC. Mr. Kang also adds that MicroStrategy investors are also aligned with...

Galaxy Capital’s Mike Novogratz Warns that Finding Crypto Bottoms is Dangerous, Altcoins Could Dump by Another 70%

John P. Njui·May 21, 2022

Galaxy Capital's Mike Novogratz Warns that Finding Crypto Bottoms is Dangerous, Altcoins Could Dump by Another 70% 20

Summary: Mike Novogratz has warned the crypto community against picking price bottoms as it is dangerous. He also pointed out that most altcoins are down by over 80% from their highs, and the losses in the...

ZCash (ZEC) Could Soon Transition to Proof-of-Stake as a Means of Driving Sustainable Growth

John P. Njui·May 21, 2022

ZCash (ZEC) Could Soon Transition to Proof-of-Stake as a Means of Driving Sustainable Growth 22

Summary: The Electric Coin Company has initiated research on a possible transition of ZCash from a proof-of-work mechanism to a proof-of-stake. The research will focus on shielded wallet UX and security, cross-chain interoperability, proof-of-stake security, issuance...

Brazilian Crypto Exchange of Nox Bitcoin Set to Refund All UST Holders’ Losses with USDT

John P. Njui·May 21, 2022

Brazilian Crypto Exchange of Nox Bitcoin Set to Refund All UST Holders' Losses with USDT 23

Summary: The Brazilian Crypto Exchange of Nox Bitcoin has announced that it will refund all UST Holders’ losses with USDT. Nox Bitcoin has set aside BRL 620,000 or approximately $127k for the refunds. Additionally, during the...

Bitmex’s Hayes Avoids Imprisonment, Gets 2 years Probation, 6 Months House Arrest For Violating the US Bank Secrecy Act

John P. Njui·May 21, 2022

Bitmex's Hayes Avoids Imprisonment, Gets 2 years Probation, 6 Months House Arrest For Violating the US Bank Secrecy Act 24

Summary: Bitmex founder, Arthur Hayes, will not spend a single day in jail for violating the U.S. Bank Secrecy Act. Mr. Hayes has been sentenced to two years probation with the first six months in home...

A Bitcoin and Crypto Bear Market is Great for Building and Investing – Pantera Capital Exec.

John P. Njui·May 20, 2022

A Bitcoin and Crypto Bear Market is Great for Building and Investing - Pantera Capital Exec. 25

Quick take: Paul Veradittakit, a Partner at Pantera Capital, believes that crypto markets have entered a bear market. Mr. Veradittakit believes that bear markets are great for companies to focus on building. Additionally, bear markets are...

CoinGecko Co-Founder: The Next 12 – 18 Months Will be Challenging in the Crypto Markets as the Fed Increases Interest Rates

John P. Njui·May 20, 2022

CoinGecko Co-Founder: The Next 12 - 18 Months Will be Challenging in the Crypto Markets as the Fed Increases Interest Rates 26

Quick take: Bobby Ong has forecasted that the next 12 to 18 months in the crypto-markets will be challenging. He cites the US Fed increasing interest rates to tame inflation as the reason to expect more...

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Celsius Network Denies its CEO Attempted to Flee the United States

Ethereum’s Merge to Reduce Demand for GPUs, says Morgan Stanley

Harmony Protocol Offers $1M Bounty for the Return of Stolen Funds and Information on the Bridge Exploit

El Salvador’s President Nayib Bukele Has Purchased 80 Bitcoins At $19,000 Each

Ex-Coinbase Board Member Warns Crypto Will Go Lower in 2022, Advises Holding Enough Cash for the Next 30 – 36 Months

CZ: Many Might Laugh at Michael Saylor Now For Buying More Bitcoin, But He’ll Get the Last Laugh

Morgan Creek Digital is Reportedly Planning to Raise $250M to Counter FTX’s BlockFi Bailout Offer

Bitmex’s Hayes: Don’t Believe Goldman Sachs is Putting its Own Money At Risk to Buy Assets From Celsius Network

Sky Mavis to Reimburse Axie Infinity Hack Victims and Restart the Ronin Bridge as Early as June 28th

Napster Plans To Dive Deep into Crypto by Launching NFTs and a New Token on Algorand (ALGO)

Yuga Labs Has Filed A Lawsuit Against Parties Slandering the Bored Ape Yacht Club NFT Project

Gucci Dives Deeper Into NFTs With $25k SuperRare DAO Buy In And Digital Art Vault

El Salvador’s President Nayib Bukele Has Purchased 80 Bitcoins At $19,000 Each

FTX to Buy BlockFi at a Discount of $25M and 99% Below the Lending Platform’s Last Valuation

Coinbase Reportedly Has A 3 Year Deal With The US Immigration and Customs Enforcement Agency, Selling User Data

Bexplus Exchange Offers 100% Deposit Bonus For ADA, DOGE, BTC, ETH, USDT, XRP

Which Exchanges are Available to Buy SafeMoon Tokens?

The Nifty Way Galaxy NFTs For Sale

Bitcoin (BTC) News

Fear in the Bitcoin and Ethereum Derivative Markets Points to More Pain Ahead for 3 to 6 Months – Report

Bitcoin Miners in China Defy Crypto Mining Ban, Now Ranked 2nd in BTC Hashrate

Crypto Markets Lull After Massive Crash, Bitcoin Hovers Around $30,000

French Luxury Giant Balenciaga Unveils Bitcoin and Ethereum Payments

Crypto is Worth Nothing and Based on Nothing, Says ECB President Lagarde

MicroStrategy Won’t Backpedal on its Bitcoin Game Plan – CFO

Galaxy Capital’s Mike Novogratz Warns that Finding Crypto Bottoms is Dangerous, Altcoins Could Dump by Another 70%

ZCash (ZEC) Could Soon Transition to Proof-of-Stake as a Means of Driving Sustainable Growth

Brazilian Crypto Exchange of Nox Bitcoin Set to Refund All UST Holders’ Losses with USDT

Bitmex’s Hayes Avoids Imprisonment, Gets 2 years Probation, 6 Months House Arrest For Violating the US Bank Secrecy Act

A Bitcoin and Crypto Bear Market is Great for Building and Investing – Pantera Capital Exec.

CoinGecko Co-Founder: The Next 12 – 18 Months Will be Challenging in the Crypto Markets as the Fed Increases Interest Rates

Ethereum World News