Bitcoin

The Latest

  • Bitcoin's April Slump Raises Alarm, Investors Watch for Shifts in Global Risk Appetite
    Bitcoin
    Bitcoin's recent slump has triggered warnings of potential "trouble ahead" for global markets, as investors closely monitor the digital token's pronounced swings for clues about broader changes in risk appetite. The cryptocurrency has shed around 4% in the past two days, following a near 16% plunge in April, marking its worst monthly drop since the collapse of Sam Bankman-Fried's FTX digital-asset empire in November 2022.
  • 'Bitcoin Jesus' Roger Ver Faces $48 Million Tax Fraud Charges as DOJ Seeks Extradition
    IRAN CRPYTO RULES
    The U.S. Department of Justice has formally charged Roger Ver, an early Bitcoin investor famously dubbed 'Bitcoin Jesus,' with evading $48 million in taxes. This development follows Ver's arrest in Spain, with the United States now seeking his extradition to face multiple criminal charges, including tax evasion, mail fraud, and filing false tax returns.
  • Bitcoin and Ethereum Plummet Ahead of Critical Fed Meeting on Interest Rates
    CRYPTO
    Bitcoin plummeted to just around $57,000, while Ethereum dropped below the $3,000 mark, showcasing a broader downturn across the crypto sector.
  • Hong Kong's Spot Bitcoin and Ether ETFs Struggle on First Day, Falling Short of U.S. Debut
    BITCOIN RISES
    The highly anticipated launch of spot Bitcoin and Ether exchange-traded funds (ETFs) in Hong Kong fell short of expectations on their first day of trading, as the six new crypto ETFs managed by China Asset Management, Harvest Global, Bosera, and HashKey recorded a combined trading volume of just 87.58 million Hong Kong dollars ($12 million).
  • Muted Market Reaction as Hong Kong Gears Up for Spot Crypto ETF Listings
    Bitcoin
    Hong Kong is set to debut a batch of exchange-traded funds (ETFs) that invest directly in cryptocurrencies on Tuesday, potentially challenging the United States' dominance in the crypto investment product market. The launch comes amid a revival in digital asset prices, with Bitcoin and Ether having rallied significantly since the start of the year, though the recent market reaction has been relatively muted.
  • Bitcoin Halving: Experts Weigh in on Potential Price Impact as Supply Cut Looms
    Bitcoin
    As Bitcoin's fourth halving approaches, estimated to occur around 9 p.m. ET today, industry experts are divided on the potential impact the event could have on the cryptocurrency's price.
  • Bitcoin Briefly Drops Below $60,000 as Crypto Market Cools Off Ahead of Halving Event
    BITCOIN RISES
    Bitcoin (BTC) has given up its recent gains, plunging below the $60,000 level during the morning hours of the U.S. trading session on Wednesday. The world's largest cryptocurrency briefly fell as low as $59,888, marking its weakest price since early March and a decline of more than 18% from its all-time high of $73,797 reached on March 14.
  • Bitcoin Faces Volatility Ahead of Halving Event: ETFs See Outflows Amid Market Uncertainty
    Bitcoin
    Bitcoin, the world's largest cryptocurrency, is experiencing significant volatility as the highly anticipated "halving" event approaches. The halving, which is expected to occur around April 19, will reduce the block reward for miners from 6.25 BTC to 3.125 BTC, effectively cutting Bitcoin's inflation rate in half from approximately 1.7% to 0.85%. This event has the potential to impact the cryptocurrency's price and its status as a store of value.
  • Bitcoin's Tumble Below $67,000 Shakes Crypto Confidence Amidst Market Turbulence
    BACK IN BUSINESS
    The cryptocurrency market faced a significant downturn this week, with Bitcoin leading the charge by plummeting below the $67,000 mark. This sharp decline erased the optimistic gains observed in the previous week and instilled a sense of caution among investors and traders. As of now, Bitcoin is hovering around $66,139, marking a 4.6% decline on the day and a 6% fall over the week, according to data from CoinGecko.
  • Tesla Surpasses Coinbase in Bitcoin Holdings, Signals Broader Corporate Adoption
    Bitcoin.
    Elon Musk's Tesla emerges as one of the top corporate holders of Bitcoin, outpacing even some of the most prominent firms within the digital currency sector. According to the latest data from BitcoinTreasuries.net, Tesla holds an impressive 9,720 Bitcoins, valued at approximately $675.76 million, making it the third-largest known corporate holder of the digital currency.
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