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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Crypto market lost more than 2 trillion from its all-time high of 3 trillion. Bitcoin fell to an 18 months low of $20,842. The Cryptocurrency market fell below $1 trillion and lost more than 70% of its value for the first time since last November. Now the crypto market holds
According to reports, the 3AC “liquidation” reached at least $400 million. According to Dune Analytics, 3AC’s portfolio allocation is $372.47 million. Digital currency hedge firm Three Arrows Capital (3AC) may face insolvency, according to sources who spoke to The Block writer Frank Chaparro. According to reports, the 3AC “liquidation” reached
The major cryptocurrency Bitcoin (BTC) still facing downtrend and lost more than 69% of the value from its all-time high of $68,789 which is recorded on November 2021, and now BTC traded at $21,191.52. Despite bearish price movement, the world’s largest Bitcoin (BTC) whale purchased $927 BTC worth of $20,000,000
Bitcoin is up 5.05% in the last 24 hours. According to Saylor, bitcoin will reach its tipping point in four years. In a recent CNBC news broadcast, MicroStrategy CEO Michael Saylor indicated that now is a great time to acquire bitcoin. The cryptocurrency market has been in disarray recently, with
For the economy to go forward, Powell said that inflation has to level off. Michael Saylor has justified the company’s choice to invest in Bitcoin. With an increase of 0.75 percent, the Federal Reserve raised interest rates to their highest level since 1994. The move to raise interest rates was
The company had intended to recruit over 1,000 people in India in 2022. Armstrong had blamed “informal pressure” from the central bank for suspending its UPI. Coinbase, based in the United States, has reduced its Indian employment by 8% after initially announcing plans to triple its Indian personnel. According to
Jurrien Timmer, Director of Fidelity Investments, shows concern about the fact of bitcoin being oversold. Fidelity is one of the giant investors in the cryptomarket with a $4.5 trillion hold. Timmer portrayed his thoughts in the tweet with concerned charts and data. Another way to highlight this is by overlaying
By mid-July, the bank plans to undertake its first DFA transaction. The VTB board member said they would establish a new platform to acquire digital rubles. Russian banking heavyweight Sber is gearing up to close its first digital currency transaction employing the bank’s unique platform for virtual assets. By mid-July,
Nick Slaney discussed how worldwide payments might be made at low costs. The plan to construct a lighting network architecture would include community plans. The TBD business unit of Block, led by Jack Dorsey, has revealed plans to construct a bitcoin lightning infrastructure. When asked about his plans, Block’s product
Despite the market dip, crypto adoption is rising in all parts of the world. The recent talk of the town is that a bill is introduced to make Bitcoin and digital currencies as payment options in Brazil. So the Brazilian Legislators are highly expecting for an official discussion to regulate
