Five Reasons Behind Massive Bitcoin Drop to $30KBitcoin is in the middle of another ugly sell-off. At 2:24 p.m. UTC, the top cryptocurrency collapsed to an intraday low of $30,969 on the Bitstamp exchange.Almost $1 billion worth of cryptocurrencies have been liquidated over the past 24 hours, accord...
Software company Sequoia Holdings is now letting its employees get paid in Bitcoin, according to an announcement today. It will also let them get paid in Bitcoin Cash or Ethereum if they so wish."We're excited to offer the members of our team this new benefit," said Richard Stroupe, CEO of Sequoia H...
Bitcoin Continues Consolidating Above $36,000The Bitcoin (BTC) price has been increasing since Jan. 12, and is currently consolidating above $36,000 inside a symmetrical triangle.Bitcoin is expected to find resistance at $37,700. A breakout above $40,112 would suggest that BTC is still in a bullish...
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Bitcoin overtakes tech as most crowded trade, says Bank of America survey“Long Bitcoin” has once again flipped “long tech” as the most crowded trade based on Bank of America's recent fund manager survey.In another throwback to the 2017 bull market, a major United States bank fund manager survey, or...
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Former Canadian prime minister names Bitcoin as possible reserve currencyBitcoin could be part of a basket of reserve alternatives to the U.S. dollar, according to Stephen Harper.Stephen Harper, who served as prime minister of Canada for nine years, says there may be a place for Bitcoin and central...
Total Hash Rate in the Bitcoin network at a record high.The activity of Bitcoin miners almost simultaneously correlates with the increasing price of BTC. The latest proof of this is the indicator of the total hash rate in the Bitcoin network, which is currently reaching the new ATH.The estimated num...
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What's New in v0.21.0?On Jan. 14, 2021, at 1:58 p.m. UTC, the new version of Bitcoin Core came to existence. It was announced by Bitcoin Core lead maintainer Wladimir J. Van Der Laan on Linux Foundation's forum.Version v0.21.0 is the first release in 2021: when Taproot?According to the of...
Bitcoin Finds Local Bottom as Analysts Point to Signs of Strength; What’s NextBitcoin and the entire cryptocurrency market have seen mixed price action throughout the past weekIt has mainly favored bears, with the selling pressure seen when BTC broke below $40,000 being quite significantThis led the...
Bitcoin ‘real’ daily trading volume tops $22B as BTC price recoversNEWSTrading activity on Bitcoin (BTC) exchanges spiked massively even as its price was suffering a major correction. According to data from crypto research firm Messari, Bitcoin’s real 24-hour trading volume is about $22.3 billion.To...
According to a report by The Times, one of the largest banks in the UKL, will not let Bitcoiners to cash out of their gains following the cryptocurrency's record breaking rally.Meanwhile, other leading banks refuse to accept credit cards for cryptocurrency purchases. The pot calling the kettle...
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Back in late 2017 when bitcoin surged higher to reach what would be its all time high of just under $20,000, a veritable cottage industry of experts calling bitcoin the biggest bubble in history emerged. But while the bubble-callers were vindicated for a few years, little did they know that just thr...
Bitcoin Options Hit $10 Billion in Open InterestThe total open interest (OI) across Bitcoin (BTC) options markets has reached over $10 billion today, as highlighted by market insights platform Unfolded.The total open interest on Bitcoin options markets. Open interest is the total number of curr...
Bitcoin is Settling More Value Than Ethereum AgainBitcoin’s (BTC) blockchain has outpaced Ethereum (ETH) in terms of the daily transferred value, reaching $14 billion per day—versus the latter’s $13 billion, Money Movers’ data shows today.More value was being moved daily across the Bitcoin blockchai...
$20 Billion Is Now Locked in DeFi Projects WorldwideIn brief:$20 billion worth of cryptocurrencies is now locked up across various DeFi protocols.Maker, the issuer of the DAI stablecoin, locks up the highest amount compared to other projects.But despite the increase, data shows over 2.2 million Ethe...
Bulls Bleed: Bitcoin Liquidates $400m in 15 Minutes During Overnight CrashBitcoin has seen some wild price action as of late that has put a short-term end to the cryptocurrency’s extended parabolic uptrend.Where the market trends in the mid-term will undoubtedly depend primarily on whether or not bu...