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Nalezeno "Bitcoin news": 10932

Bitcoin, Ethereum and Altcoins Lose Steam, Correct Lower


Bitcoin price struggled to clear the USD 58,000 resistance zone. As a result, BTC reacted to the downside and traded below the USD 57,000 support. It is currently (12:00 PM UTC) showing signs of more losses and it could drop below USD 56,000. Similarly, most major altcoins are declining. ETH...

BTC Slips As Coinbase Sees 15% User Growth At Best, Focuses on Altcoins


The price of the most popular cryptocurrency, bitcoin (BTC), corrected lower following the much-anticipated announcement of Coinbase's results. At 05:02 UTC, BTC trades at USD 57,576 and is down by 2% in a day and a week. The US-based major crypto exchange, that is preparing for a direct listing...

BitMEX's Arthur Hayes Surrendered and Released as Planned


Arthur Hayes. As expected, former CEO of major crypto derivatives exchange BitMEX, Arthur Hayes, surrended in the US on April 6 and was released on USD 10m bond. He appeared before a federal judge in Honolulu, per Bloomberg report. As reported, per earlier agreement with law enforcement, Hayes...

At Least 10 South Korean Crypto Exchanges’ ‘Survival Not Guaranteed’


More South Korean crypto exchanges are almost certain to fold in the months ahead, regulators and industry insiders have claimed, with just five months left before some of the toughest policing measures in the world come into force. Per Fn News, regulatory sources familiar with the matter claim...

Collect Taxes More Effectively to Avoid ‘Debt Trap’ Chaos, Warns IMF


The IMF’s Managing Director, Kristalina Georgieva. Source: A screenshot, Instagram/the_imf Global financial chiefs have suggested that they may look to more aggressive tax collecting measures in advanced economies as a means to dig the world economy out of a “disturbing” impending coronavirus...

New Crypto Lobbyist, Facebook Payments, Grayscale's Chainlink + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news The Crypto Council for Innovation (CCI) announced their launch today, stating that their mission is "to unlock...

Don't Assume 'Government Tolerance' of Bitcoin - Allianz Chief Economist


Mohamed El-Erian. Mohamed El-Erian, Chief Economic Adviser of German insurer Allianz, said that the rapidly rising interest in bitcoin (BTC) by investors worldwide is triggered by their belief in a continued private sector adoption, but that the cryptocurrency will establish itself only...

IMF Says Higher Rates Might Reduce Appetite for Risk. And Bitcoin?


Source: iStock/Bumblee_Dee Interest rate increases in the United States and elsewhere could weaken investors’ appetite for riskier investments, according to the International Monetary Fund’s latest World Economic Outlook report. This warning comes at a time when record-low rates have helped push...

Bitcoin Inches Higher, Ethereum's New ATH, XRP Flips ADA


Bitcoin price extended its rise above the USD 58,000 and USD 58,500 resistance levels. BTC even broke USD 59,000 and it is currently (04:30 UTC) consolidating gains. It seems like the bulls are now eyeing a fresh test of the key USD 60,000 resistance. Besides, most major altcoins are showing...

Grayscale Still 'Commited' To Convert Its Bitcoin Trust to ETF


Major US-based crypto investment company Grayscale Investments said they're "100% committed" to converting their Grayscale Bitcoin Trust into an exchange-traded fund (ETF). However, according to them, the timing will be driven by the regulatory environment. "Each Grayscale product...

MicroStrategy Spends Another USD 15M on Bitcoin


One of the most bullish non-crypto companies, US-based software developer MicroStrategy, just increased their bitcoin (BTC) by spending another USD 15m once again. Per CEO Michael Saylor, the company has purchased an additional BTC 253 for around USD 15m in cash at an average price of USD 59,339...

Kimchi Premium ‘Returns’ as South Korean Youth ‘Rushes’ to Bitcoin


South Korea’s bitcoin (BTC) boom appears to have returned in earnest, with more reports of investors aged 20-39 plunging into the market, and claims that the “kimchi premium” may have returned for the first time in earnest since early 2018. The kimchi premium was a phenomenon whereby BTC and some...

Bitcoin and Ethereum Consolidate, XRP and BTT Outperform


Bitcoin price failed to clear the USD 58,500 resistance zone and started a fresh decline. BTC settled below the USD 58,000 level and it is currently (04:30 UTC) consolidating above USD 57,000. The main weekly support stands at USD 56,500, below which the price might decline in the near term. Most...

Ukrainian MP Cashed in Her Crypto – and Made More than Twice Her Salary


Kira Rudik. Source: A screenshot,Instagram/kira.rudik An MP and the leader of a Ukrainian political party has revealed that her crypto trading income for last year was twice as high as her salary. In an official declaration filing submitted late last month, Kira Rudik, a 35-year-old tech guru...

'Guys, File Your Crypto Taxes, the IRS is Coming'


A tax expert is warning that filing crypto taxes is a must in order to avoid penalties, as the taxman knows you've got reportable transactions. This comes as the Internal Revenue Service (IRS), the service of the United States federal government responsible for collecting taxes, is officially...

Bitcoin Market Changed 'Radically' & Volatility Decline Attracts Institutions


Source: Adobe/Сергей Касьянов We are in a "radically" different bitcoin (BTC) market today, an analyst stressed, while JPMorgan strategists find that decreasing volatility is here to help institutional adoption. Per the latest Market Intel report by Chainalysis' Chief Economist Philip...

Bitcoin Revisits USD 60K, Ethereum - 2K, BNB, Altcoins Surge


Bitcoin price extended its rise above the USD 59,500 resistance. BTC even spiked above the USD 60,000 resistance before correcting lower. It is currently (05:30 UTC) trading well above USD 59,000 and it might climb above USD 60,000 in the near term. Similarly, most major altcoins are signaling more...

Next Week, Coinbase To Disclose Q1 Results Ahead of COIN Listing On April 14


Source: a screenshot, Instagram/Coinbase Next week, US-based major crypto exchange Coinbase might provide more details about the status of the crypto market in the first quarter of this year as it aims for direct listing of its shares on April 14. On April 6, the company will hold a conference...

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