The Bitcoin news category covers news related to the cryptocurrency Bitcoin (BTC) and its blockchain. You will see a compiled section of news solely dedicated to all things Bitcoin. Stay on track with the latest developments on Bitcoin. This includes updates in BTC price changes, Bitcoin market capitalization updates, breaking news on Bitcoin, and more.
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After breaking below the support level of $26,000 earlier this week, Bitcoin is still under selling pressure. However, for few traders this would be a good moment to purchase the dips. The latest CoinShares data shows that institutional investors remain divided on the cryptocurrency market, with mild inflows and outflows
The Economic Legislation Committee of the Australian Senate has voiced strong opposition to a Bill that would support regulation of crypto trading platforms in Australia. InnovationAus.com, a public policy and commercial innovation think tank, said that the Committee’s rejection was based on the perception of internal strife within any movement
Bitcoin (BTC), the world’s largest cryptocurrency, has experienced a strong bearish momentum for the past few weeks. Recently, BTC has shown a slight recovery of 0.50% after staying below $26,000 for the past few weeks. With this price surge, BTC surpassed the $26K mark. However, it didn’t stay for long,
According to a report by crypto exchange KuCoin, cryptocurrency usage is on the increase in Turkey, a nation experiencing significant inflation. Adoption rates in Turkey have risen rapidly over the last year and a half, from 40% to 52% of the population. This information was compiled by KuCoin, and is
Cathie Wood, CEO of Ark Invest, recently tweeted her positive outlook on the confluence of Bitcoin and AI. Wood’s tweet alluded to the revolutionary perspective of AI and Bitcoin, highlighting the opportunities it brings for many businesses and the economy at large. Wood’s excitement about these two promising areas of
The United Stated SEC has pushed out its ruling on Bitcoin spot ETF until October, which has put downward pressure on the BTC price. Several prominent analysts have all agreed that the BTC price will likely fall to $24,800 mark before perhaps recovering. Nonetheless, September’s bear market worries have reignited
After Grayscale’s recent success over the SEC, Bloomberg analysts have increased the likelihood of a permitted spot Bitcoin ETF by the end of this year. Due to the unanimous and decisive manner in which the U.S Court of Appeals Circuit reached its verdict in the current case, Bloomberg senior ETF
Bitcoin has regained the spotlight following a legal victory by Grayscale this week. And now, $30,000 emerges as the next key milestone, according to on-chain analytics by IntoTheBlock. Approximately 6.2 million Bitcoin addresses acquired coins between the current price and $30k. This represents around 2.6 million BTC worth of ‘underwater’
After celebrating a significant victory against the United States Securities and Exchange Commission (SEC), which aimed to transform the Grayscale Bitcoin Trust (GBTC) into a publicly listed Bitcoin exchange-traded fund (ETF), the charts of the major crypto Currencies turned green. However, in a surprising turn of events, the coins quickly
Grayscale’s recent win against the United States SEC in its fight to convert its Grayscale Bitcoin Trust (GBTC) to a spot Bitcoin ETF was significant. Since July 2021, shares of Grayscale Bitcoin Trust rose the highest on Tuesday. August 29 saw a 17% increase in the price of GBTC shares,
