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Nalezeno "bitcoin news": 10985

Banking Giant Barclays to Invest in Crypto Firm Copper Amid Market Downturn

25.7.2022
Multinational banking giant Barclays reportedly aims to invest in crypto custody firm Copper despite the declining global appetite for risk-on assets like cryptoassets. The UK-based bank is one of several new investors joining a funding round for Copper, Sky News reported Sunday, adding that...

FTX Proposal is a 'Low-ball Bid Dressed Up as a White Knight Rescue' - Voyager

25.7.2022
Crypto platform Voyager Digital argued that a joint offer proposed by crypto exchange FTX and linked trading firm Alameda is a “low-ball bid” that could disrupt the company’s bankruptcy process, to which FTX CEO Sam Bankman-Fried replied that the offer would provide Voyager customers with 100%...

Bitcoin and Ethereum Correct Gains, Altcoins Show Bearish Signs

25.7.2022
Bitcoin price started another decline after it failed to settle above the USD 23,000 zone. BTC corrected gains and traded below the USD 22,000 level. It is currently (04:09 UTC) trading near USD 21,900 and is down over 2% in a day and still up 5% in a week. Similarly, most major altcoins have...

3 Reasons Why 3 Arrows Capital Failed, Per Its Founders

22.7.2022
There were at least three major factors that lead to the collapse of the fund, according to the founders of Three Arrows Capital (3AC) Su Zhu and Kyle Davies. After five weeks in hiding, stating that they’ve gotten death threats, the founders spoke to Bloomberg, which described the duo as...

Ethereum Outperforms Again, Bitcoin Eyes Key Upside Break, Altcoins in Green

22.7.2022
Bitcoin price remained well supported and moved above the USD 23,000 zone. BTC even climbed above the USD 23,400 level and is currently (10:20 UTC) up 2% in a day and 13% in a week. Similarly, most major altcoins are showing signs of more gains. ETH surged almost 9% and was able to settle above...

Bitcoin and Ethereum Inch Higher, MATIC Regains Strength

22.7.2022
After extending its correction below USD 23,000, bitcoin managed to stay above the USD 22,500 support and moved higher again. It is currently (03:50 UTC) trading near USD 22,950 and is up almost 1% in a day and 12% in a week. Similarly, most major altcoins are showing signs of a fresh increase....

Bitcoin Mining Difficulty Sees Its Biggest Fall in 12 Months

21.7.2022
Bitcoin (BTC) mining difficulty has just seen its largest drop in a year, helping miners increase their profitability during this harsh crypto winter.  Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, dropped by 5% today. This brought it down to 27.69 T...

Bitcoin Stumbles After a Marginal Recovery; What’s Next for BTC?

21.7.2022
Bitcoin has been considered the mirror for the performance and growth of the cryptocurrency industry as a whole which is with a little over $1000 billion. Despite its dominance to the tune of 3x the market capitalization of Ethereum during its peak cycle, BTC now remains just 2.4 times. The current...

European Central Bank Raises Rates for the First Time in 11 Years

21.7.2022
On Thursday, the European Central Bank (ECB) raised interest rates in the eurozone for the first time in 11 years, as high and rising inflation becomes central bankers’ primary concern.  The 50 basis points rate hike is higher than analysts had expected, and marks a departure from...

Did Tesla Make Profit on its Bitcoin Investment?

21.7.2022
The electric car maker Tesla sold off 75% of its bitcoin (BTC) holding for “a realized gain” in the second quarter, prompting speculations on how this investment went for the company. The sale is believed to have been made at a price of around USD 29,000, higher than the lows seen during...

Bitcoin Mining Survey Shares Improved Results in the 2nd Quarter of 2022

20.7.2022
The Bitcoin Mining Council published the findings of its survey with a core focus on technological efficiency, electricity consumption, and sustainable power mix. The results are impressive enough to reaffirm that the Bitcoin Network will continue to grow with higher efficiency in the times...

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