Bitcoin is a ‘great way’ to protect savings, says expert | Fox Business
So bitcoin is just a great way to protect your savings, and it’s auditable and transparent in a way that the U.S. …Read the full story
Category: Bitcoin
Bitcoin Critic Peter Schiff Believes Mass Selling of Crypto May Begin Now, Here’s Why – U.Today
Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. Mass layoffs will result in mass selling of crypto as unemployed workers raise cash to pay soaring household bills. He has also commented on the overall excessive amount of new coins on the market, totaling 19,316. …Read […]
Robinhood Adds Grayscale Bitcoin and Ethereum Trusts – Decrypt
For years, trading app Robinhood listed just a handful of cryptocurrencies. GBTC and ETHE are investment products that trade like a stock and allow investors to get exposure to the price of Bitcoin and Ethereum, respectively, without actually having to buy them. But while both GBTC and ETHE are ostensibly tied to the price of […]
Bitcoin extends drop as stock futures point to further weakness (Cryptocurrency:BTC-USD)
Over the past 24 hours, the world’s largest digital coin by market cap is sliding nearly 10% to $35.8K at the time of writing. However, the overnight fall in the markets leading cryptocurrency provides another reminder that Bitcoin is highly correlated to movements in U.S stock markets. …Read the full story
Ray Dalio: Bitcoin is Not a Good Competitor Against Gold – CryptoPotato
They can be controlled, they can be shut down, they can be made illegal which tends to tap in during times when they may be threats to the alternative currency. “I think that the environment that we’re in is an environment in which there is a risk of political confiscation or any other forms of […]
India’s Standing Committee on Finance ‘Chides’ Crypto Industry, Bitcoin Falls
The Parliamentary Standing Committee on Finance met with the representatives of the crypto industry in Bengaluru on May 6. According to Coindesk, the Committee also asked industry representatives to present a model for regulation, names of crypto-related companies, and concrete plans to mitigate cross-border terrorism and money laundering. The company is also readying itself to […]
Bitcoin and Ethereum Nosedive, All Top 100 Coins in Red – Crypto News
Bitcoin price failed to continue higher above the USD 40,000 resistance zone and started a fresh decline below the USD 38,500 support. After a strong rejection near USD 40,000, bitcoin price started a major decline. On the downside, an initial support is near USD 36,000. Ethereum price also started a major decline from the USD […]
What is Bitcoin mining? How does it work? – BusinessToday
Bitcoin is the largest cryptocurrency by market cap and adding more of it to the existing circulation is called Bitcoin Mining. The ledger’s existence, which is freely maintained by thousands of people known as nodes, allows anyone to see both the current state of Bitcoin ownership and its entire history. There is no central authority […]
Bitcoin Short-Term Holders Were Behind The Selloff To Below $36k – NewsBTC
From these trends, it seems like the only investors that took part in the selling yesterday were the short-term holders, who are generally the more fickle ones. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. …Read the full story
Cryptocurrency Prices Today Continue To Fall As Bitcoin Below $36000, Ether, Terra Also Plunge
The global crypto market’s value today slipped over 8% in the past 24 hours to $1.76 trillion, according to pricing from CoinGecko. On the other hand, Ether, the coin linked to the ethereum blockchain and the second largest cryptocurrency, also plunged more than 2% to $2,681. Bitcoin and ethereum are currently trading more than 40% […]
Central Bank Of Argentina Bans Banks From Offering Bitcoin, Crypto Services – Bitcoin Magazine
The largest private bank in Argentina days ago announced they would begin offering these very same products. The report also states experts are anticipating 60% inflation for the year, which is set to take a toll on the almost 40% of the population reportedly living below poverty. …Read the full story
Bitcoin and Ethereum Are Both Down at Least 8.5% the Past Day. Should You Buy?
The past 24 hours have been brutal for the overall cryptocurrency space, which in aggregate is down 7.5% at time of writing according to CoinMarketCap. The crypto tracking website shows that Bitcoin is off 8.5.% over the last day, and both projects are currently discounted at least 44% from last fall’s price peaks. This is […]
Cryptocurrency News Today: Bitcoin Outlook Still Bearish After Fall – Newsweek
Ethereum trades below $2,800 after a minor jump to $2,969. The immediate resistance is around $2,800. …Read the full story
Crypto Moves — Bitcoin, Ether down; Robinhood cuts workforce – Arab News
Cynndy earned an associate degree in commercial aviation at North Dakota University in the US. Since 2019, Cynndy has been a part-time vice chairman of the Helicopter Company, established in 2018. “The tourism sector lost an estimated 62 million jobs globally during the global pandemic,” he said. “Addressing climate change is at the heart of […]
How Far Could Bitcoin Fall After Stock Drops by Nearly 10% in One Day’s Time? | GOBankingRates
Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. Brock Pierce, Bitcoin Foundation Chairman, told GOBankingRates that the selloff in Bitcoin and other cryptocurrencies has mainly been driven by the technology-led global market selloff. Bitcoin was hovering around $35,500 on May 6, a […]
Bitcoin price plunges 11%. What’s going on? – Motley Fool
Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show and premium investing services. This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. …Read the full story