Discover the Latest Bitcoin (BTC) News

Bitcoin Breaks Above $24,000 As U.S. Inflation Dips To 8.5%

Naga Avan-Nomayo·August 10, 2022

Summary: U.S. Inflation numbers were released on Wednesday, triggering a move in the price of crypto assets. Consumer Price Index data stood at 8.5% for July 2022. The numbers fell from the 9.1% level reported in...

Bitcoin and Ethereum”Incredibly Oversold” States Bloomberg Analyst: Forbes

Arba Halpin·August 6, 2022

Bitcoin "Incredibly Oversold" States Bloomberg Intelligence Analyst : Forbes

TLDR: Bloomberg Intelligence senior commodity strategist Mike McGlone stated that Bitcoin trades at a substantial discount. McGlone highlights several observations when making his case, such as technical analysis focusing on key indicators such as the 100-week...

Elon Musk Fires Back At Twitter with a Counter Lawsuit

John P. Njui·July 30, 2022

Elon Musk Fires Back At Twitter with a Counter Lawsuit 14

Summary: Elon Musk has filed a countersuit against Twitter over the now uncertain $44 billion deal. The lawsuit was filed late Friday, July 29th, a few hours after a Judge set October 17th as the beginning...

CoinFLEX Lays Off a Significant Portion of its Team to Reduce Costs by 50 – 60%

John P. Njui·July 29, 2022

CoinFLEX Lays Off a Significant Portion of its Team to Reduce Costs by 50 - 60% 15

Summary: The CoinFLEX team has announced that it has laid off a significant portion of its team to cut operational costs by 50 to 60%. CoinFLEX has also made cuts in non-staff costs. The team explained...

Bitcoin And Ethereum Pump Above 10% Despite Negative U.S. GDP Report

Naga Avan-Nomayo·July 28, 2022

Summary: Leading cryptocurrency Bitcoin traded higher than $23K on Thursday. The top coin enjoyed a slight rally following Wednesday’s FOMC meeting. America’s Q2 GDP report was also released with the figure at -0.9%. The number signaled...

KuCoin Will Launch a New Fund to Fight FUD, Says CEO

John P. Njui·July 26, 2022

KuCoin Will Launch a New Fund to Fight FUD, Says CEO 16

Summary: KuCoin CEO, Johnny Lyu, has announced that the exchange will launch an anti-FUD fund. The fund will focus on educating the global community on how to spot FUD. The focus will also be on motivating...

Bitcoin’s ‘Kimchi Premium’ Under Scrutiny by S. Korean Authorities in Connection With Illegal Remittances

John P. Njui·July 26, 2022

Bitcoin's 'Kimchi Premium' Under Scrutiny by S. Korean Authorities in Connection With Illegal Remittances 17

Summary: South Korean authorities have launched a probe into the Bitcoin ‘Kimchi Premium.’ The investigations cite that the Kimchi Premium was used to make profits that were transferred abroad through illegal remittances. Authorities in South Korea...

Bitcoin Falls Below $22,000 Ahead Of FOMC Meeting And Big Tech Earning Calls

Naga Avan-Nomayo·July 25, 2022

Bitcoin dips as the crypto markets anticipate the FOMC meeting.

Bitcoin’s $18k Level Probably Constitutes a Bottom and Will be Retested, says Bitmex’s Hayes

John P. Njui·July 22, 2022

Bitcoin's $18k Level Probably Constitutes a Bottom and Will be Retested, says Bitmex's Hayes 18

Summary: Arthur Hayes has forecasted that Bitcoin’s most recent low, around $18k, could constitute a bottom. According to his analysis, a classic bottom is usually tested before a bull market begins, and $18k is no different....

Twitter Posts $270M Q2 Loss, Blames Weak Ad Market and Uncertain $44b Elon Musk Deal

John P. Njui·July 22, 2022

Twitter Posts $270M Q2 Loss, Blames Weak Ad Market and Uncertain $44b Elon Musk Deal 19

Summary: Twitter has posted a $270 million quarterly loss in its first earnings report since Elon Musk expressed interest in buying the company. Twitter cites a weak ad market and Elon Musk’s one-eighty-degree turn on the...

Former Coinbase Employee Charged With Insider Trading for Tipping Off Brother and Friend on New Crypto Listings

John P. Njui·July 21, 2022

Summary: The US Attorney’s Office of the Southern District of New York has charged a former Coinbase employee with insider trading. The Coinbase employee allegedly tipped off his brother and friend on new crypto listings on...

Elon Musk’s $1 Billion Bitcoin Sale From Tesla’s Bag Is A Drop In The Ocean – Binance Chief CZ

Naga Avan-Nomayo·July 21, 2022

75% of Tesla's Bitcoin sold as the company navigates lockdowns in China.

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Curve 3pool Sees Increased Outflows Since hack

Matter Labs Denies Polygon’s Allegations Of Open-Source Code Plagiarism

U.S SEC Is Reportedly Ready To Consider Ethereum Futures ETF Applications

Arthur Hayes Says BlackRock’s Bitcoin ETF Would Harm Decentralization

Lazarus Could Dump $41 Million In Stolen Bitcoin, FBI Says

Europe Beats US To List Spot Bitcoin ETF

Coinbase CEO Brian Armstrong Is Bullish On On-Chain Games & Ads

Magnate Finance Rugs $6.4 Million From Base Users

Former OpenSea Executive Sentenced To 3 Months In NFT Insider Trading

Blur solidifies reign in NFT space with 60% trading volume market share

OpenSea Shuts Down Royalty Enforcement, Makes Creator Fees Optional

Coinbase Increases Bond Buyback Limit By $30 Million

Judge In Coinbase Case Threw Out Uniswap Lawsuit

Binance To Phase Out BUSD By 2024

A Beginner’s Guide to EIP-5725: Transferable Vesting NFTs

yPredict.ai Unveils Next-Gen Payment Gateway for Token Purchase – Developed in Record Time

YPRED Token Presale is Live – World’s First AI ecosystem

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