Bitcoin

Bitcoin

US Consumer Prices Rise Faster Than Expected in May

The Consumer Price Index is important to bitcoin investors who are watching for signs of inflation.

News  ·  10 June 2021
Bitcoin

Bitcoin Rallies From Oversold Levels; Faces Resistance at $40K

The short-term trend is improving after a series of lower price highs since May.

Markets  ·  10 June 2021
Bitcoin

Bitcoin Peeps Above $38K on Basel News

The top cryptocurrency hit a high of $38,461 during the European hours, extending Wednesday's double-digit rally.

Markets  ·  10 June 2021
Bitcoin

Bitcoin’s ‘Rich List’ Continues to Snap Up Cheap Coins

Bitcoin's rich list has accumulated 80,000 BTC since the May 19 crash.

Markets  ·  10 June 2021
Bitcoin

World’s Largest Meat Company Pays $11M in Bitcoin Ransomware Attack

The attack on the world's largest meat producer bore similarities to one on Colonial Pipeline two weeks earlier.

News  ·  10 June 2021
Bitcoin

Square Completes $100M Investment in Underserved Communities

Of the remaining $25 million, $5 million was distributed to create The Bitcoin Endowment.

News  ·  9 June 2021
Bitcoin

Market Wrap: Bitcoin Pops to $36.8K, Other Cryptos Higher Despite Worrying China Signals

Pessimistic news isn’t stopping the crypto spot markets from looking bullish Wednesday.

Markets  ·  9 June 2021
Bitcoin

Bitcoin Trading Volume Tumbles After Record May; Demand Withers With Price

“Traders have certainly lost the appetite for bitcoin in this uncertain market environment,” Arcane Research wrote in a report.

Markets  ·  9 June 2021
Bitcoin

Looming ‘Death Cross’ Could Signal Bitcoin Bear Market

A death cross occurs when the 50-day moving average crosses below the 200-day moving average.

Markets  ·  9 June 2021
Bitcoin

Luxor Bitcoin Mining Firm Raises $5M Series A Led by NYDIG

Luxor says it will work with NYDIG on "a number of mining-related ventures and hashrate-based products."

Business  ·  9 June 2021
Bitcoin

Interactive Brokers to Offer Crypto Trading by End of Summer

Interactive Brokers Chairman and CEO Thomas Peterffy announced the company will begin trading cryptocurrencies “by the end of the summer."

News  ·  9 June 2021
Bitcoin

China’s Qinghai Province Has Ordered All Crypto Miners to Shut Down

It follows other provinces, including Xinjiang and Inner Mongolia, in ordering miners to shut down.

News  ·  9 June 2021
Bitcoin

Bitcoin Holds Short-Term Support; Faces Resistance at $36K

Oversold readings suggest limited upside for BTC towards $36K.

Markets  ·  9 June 2021
Bitcoin

Bitcoin Jumps Most in 2 Weeks to $36K After El Salvador Passes Currency Law

The cryptocurrency is up from a low price of about $31,000.

Markets  ·  9 June 2021
Bitcoin

It’s Official: El Salvador’s Legislature Votes to Adopt Bitcoin as Legal Tender

A supermajority of the El Salvadoran legislature voted to adopt bitcoin as legal tender early Wednesday morning.

News  ·  9 June 2021