Bitcoin News

Cryptocurrency exchange Binance will suspend its crypto debit card services in Latin America and the Middle East from Aug. 25. The crypto debit card worked like other debit cards, allowing users to pay for day-to-day goods and services. The only difference is that these cards were funded by cryptocurrency assets. The crypto debit card services

Bitcoin (BTC) is due to hit nearly $150,000 during its next four-year halving cycle, Pantera Capital believes. In its latest “Blockchain Letter,” released on Aug. 22, executives at the crypto asset manager doubled down on their bullish BTC price forecasts for 2024 and beyond. Halving data reinforces November 2022 BTC price bottom Bitcoin price performance

Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights. In this week’s newsletter, read about the newly-launched decentralized social media platform Frend.tech, which has

In the latest episode of Cointelegraph’s The Market Report, analyst Marcel Pechman delves into Bitcoin’s recent drop to $26,000. Derivatives market analysis shows Bitcoin (BTC) options and futures metrics lack signs of professional traders going bearish, and while that doesn’t guarantee a quick return to $29,000 support, it reduces the chances of an extended correction.

Have you ever wondered whether a Bitcoin (BTC) address — or a string of 26–35 alphanumeric characters — can happen to have human-readable words instead of random letters? You’ve probably heard of the Lightning Network, which allows you to create a fancy BTC address that looks like an email or a web domain. But there’s

Bitcoin (BTC) network fundamentals are in no mood to follow bearish BTC price action this week. The latest on-chain data confirms that difficulty has hit new all-time highs, with hash rate not far behind. Bitcoin mining difficulty ends slump Despite BTC/USD dropping 10% last week, Bitcoin miners appear to be taking the price downturn in

The financial media often points out Bitcoin’s (BTC) correlation to big tech. “Bitcoin is trading like a tech stock” is a common narrative alongside BTC’s often acute inverse-relationship with the United States dollar. But are these correlations set in stone, and can they be useful for predicting future price moves? Let’s take a closer look

Numerous theories emerge whenever the price of Bitcoin (BTC) takes a sudden and steep drop. The usual suspects include government regulations, the possibility of exchanges manipulating prices, Bitcoin whales manipulating prices, over-leveraged traders, and some conspiracies involving Tether (USDT). SEC kicks Bitcoin ETF can down the road Between Aug. 15 and Aug. 18, Bitcoin’s price

Bitcoin (BTC) stayed stubbornly anti-trend on Aug. 22 as $26,000 became a magnet for intraday BTC price action. BTC/USD 1-hour chart. Source: TradingView BTC price “death chop” returns Data from Cointelegraph Markets Pro and TradingView tracked a third day of sideways performance for BTC/USD. Despite being heavily oversold, according to relative strength index (RSI) readings,

The Bitcoin (BTC) metric that nailed the pit of the 2022 bear market says its uptrend is still intact. In an X post on Aug. 22, creator of on-chain analytics platform LookIntoBitcoin, shared some good news in the form of Bitcoin’s Realized Cap HODL Waves (RHODL). Analyst: “New money” flowing into Bitcoin in 2023 While

The South Korean city of Cheongju, the capital of North Chungcheong province, has said it intends to begin confiscating cryptocurrency from local tax delinquents. The administration of Cheongju has requested seven South Korean crypto exchanges to inquire into the holdings of thousands of tax evaders, according to a report from local news agency Yonhap on Aug.

Macroeconomist Lyn Alden has cast doubt on a proposal that would see five countries work together to develop a common BRICS currency — arguing it will likely struggle to get off the ground and fail to dethrone the United States dollar. In an interview with Cointelegraph just days before the BRICS annual summit in South

A mysterious Bitcoin wallet has surged up the ranks to become the third largest holder Bitcoin (BTC) in the world in just over three months, with the timing sparking some wild theories about its owner. According to data from crypto statistics platform BitInfoCharts, the wallet address first received Bitcoin on March 8. Over the course

In the past few months, Bitcoin traders had grown used to less volatility, but historically, it’s not uncommon for the cryptocurrency to see price swings of 10% in just two or three days. The recent 11.4% correction from $29,340 to $25,980 between Aug. 15 and Aug. 18 took many by surprise and led to the

Bitcoin (BTC) holdings owned by speculators are nearly 90% in the red after the “flash crash” to $26,000, new research says. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode reveals the true cost of last week’s BTC price dip to newcomers. Short-term holders “increasingly sensitive” to BTC price While

Binance cryptocurrency exchange customers are allegedly facing troubles with fiat withdrawals in Europe due to issues related to the Single Euro Payments Area (SEPA) transfers. The exchange has allegedly suspended euro withdrawals and deposits via SEPA, Binance’s customer support wrote in a now-deleted message on X (formerly Twitter) on Aug. 20. In the now-deleted message, the

Sweden has welcomed a hydro-powered Bitcoin (BTC) mining data center.  Genesis Digital Assets Limited (GDA), a mining and data center company with over 400 MW of power generation worldwide has made a opened a new data center in Sweden, driven by the country’s burgeoning renewable energy surplus. The new operation is located in the far

Bitcoin (BTC) starts a new week with traders licking their wounds after a 10% snap crash. BTC price action is struggling to recover from a manic end to the days prior to the weekend, and the fear is palpable going into what could turn out to be an equally volatile few days. With $26,000 so

Cash App, a multipurpose financial app, offers various capabilities, including money transfers, investment options and cryptocurrency purchases. Serving as a comprehensive financial tool, Cash App provides users the capacity to handle transactions, invest in stocks, and explore digital currencies like Bitcoin (BTC). The app aims to streamline financial tasks and assist users in navigating the

Ordinal inscriptions have continued to dominate activity on the Bitcoin network over the past week despite the cryptocurrency’s recent price decline and suggestions that the hype around Bitcoin NFTs have “died.” On Aug. 21, Ordinals developer “Leonidas” pointed out that Bitcoin had 530,788 transactions over the past 24 hours, with 450,785 of those transactions being