Bitcoin

Why Bitcoin holds the upper hand against CBDCs

When FTX crashed in November 2022, it triggered a multi-billion dollar exodus spree, bringing Bitcoin down 22% in a single day. By the end of the month, the European Central Bank (ECB) fired an unusual shot across the crypto bow. As Bitcoin’s price stabilized, the central bank suggested this is Bitcoin’s “last gasp before the […]
The post Why Bitcoin holds the upper hand against CBDCs appeared first on CryptoSlate.

12 Nov 2023

Bitcoin: ‘Stink Ball’ or ‘Exponential Gold’? Munger and Fidelity Director at Odds on BTC — Week in Review

Berkshire Hathaway billionaire Charlie Munger may think Bitcoin is a “stink ball,” but director of global macro at financial giant Fidelity, Jurrien Timmer, says the asset is “exponential gold.” Find out why, just below, in the latest Bitcoin.com News Week in Review. Berkshire Vice Chair Charlie Munger Compares Bitcoin to a ‘Stink Ball’ Among Traditional […]

12 Nov 2023

Pre-ETF BTC price ‘crash’ or $150K in 2025? Bitcoin forecasts diverge

Bitcoin ETF launch day could be more than just a "sell the news" event for BTC price, says Peter Schiff.

12 Nov 2023

Bitcoin Technical Analysis: BTC Navigates Tides of Low Volume and Market Swells

On Sunday morning Eastern Time (ET), bitcoin’s trading value hovers slightly over the $37,000 mark per unit, peaking at $37,294 for the day. There’s a slight dip in BTC trading volume over the weekend compared to the previous weekday, totaling $10.76 billion of the crypto economy’s $67.15 billion. Over the last day, bitcoin has seen […]

12 Nov 2023

Onecoin ‘Compliance’ Head Pleads Guilty to Wire Fraud and Money Laundering Charges

Irina Dilkinska, the head of legal and compliance at Onecoin, has pleaded guilty to “wire fraud and money laundering charges.” The charges against Dilkinska relate to her role in organizing the transfer of $110 million in fraudulently obtained funds to a Cayman Islands entity. The $110 Million Transfer to a Cayman Islands Entity Irina Dilkinska, […]

12 Nov 2023

Near Foundation and Polygon Labs Partner to Build Zero-Knowledge ‘Prover’ for WASM Chains

Near Foundation and Polygon Labs recently announced that they would build “a zero-knowledge (ZK) prover for WASM blockchains.” For WASM chains using the zkWASM prover, settling transactions will be more efficient and cost-effective with maximum security guarantees. Transaction Settling More Efficient and Cost-Effective Near Foundation, the organization supporting the development of the NEAR ecosystem, has […]

12 Nov 2023

Bitstream White Paper Proposes Bitcoin Payments to Disrupt File Storage Economy

Robin Linus, the creator behind BitVM — a computing construct atop the Bitcoin blockchain — released a new white paper on November 11, 2023, entitled “Bitstream.” The document explores a system aimed at reforming the economic structure of file storage, suggesting a usage-based model that rewards server contributions with bitcoin payments. Bitstream Revealed: A White […]

12 Nov 2023

US Lawmaker: Crypto Is Not the Problem, Bad Actors That Exist in Every Industry Are

U.S. Senator Cynthia Lummis has defended crypto against claims that the asset class is heavily used in illicit finance. Emphasizing that “Crypto is not the problem, bad actors that exist in every industry are,” the lawmaker pointed out that crypto accounts for less than 1% of all illicit finance activity. In addition, she has urged […]

12 Nov 2023

US Government Remains Hostile Toward Crypto Despite Ripple’s SEC Win, Says CEO

Ripple’s CEO says the U.S. government is still hostile toward crypto despite the cryptocurrency firm’s victory against the U.S. Securities and Exchange Commission (SEC). “Until that changes, the banks in the United States are not going to engage meaningfully,” he warned, adding: “I don’t think the window has passed for the U.S. to be a […]

12 Nov 2023

Bitcoiners pitch draft bill to preserve blockchain, decentralization in Argentina

The group, “Bitcoin Argentina,” previously rejected the idea that regulation was needed in the cryptocurrency industry.

12 Nov 2023

Crypto Weekly Forecast: Bitcoin Taps $38k as Ethereum ETF Sparks Rally, More Upside Ahead?

ETH ETF Potential sparks a renewed Crypto rally. According to reports the SEC is set to decide on Spot Bitcoin ETF applications by the 17th. If true is BTC and ETH about to explode?

Forex

11 Nov 2023

What does BITO say about the fate of a spot Bitcoin ETF?

The post What does BITO say about the fate of a spot Bitcoin ETF? appeared first on CryptoSlate.

11 Nov 2023

Demand for Bitcoin could grow by up to 10X within 12 months: Michael Saylor

The MicroStrategy co-founder emphasized that demand for Bitcoin will significantly ramp up following the halving next year.

11 Nov 2023

Getting Ready for Bitcoin’s Catalysts

How exchange-traded funds and futures contracts can reach TradFi and turbocharge the growth of crypto markets.

10 Nov 2023

CME, Where Institutions Trade Bitcoin Futures, Flipped Binance. Is That as Bullish as It Sounds?

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10 Nov 2023

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

10 Nov 2023

Why is the crypto market up today?

The crypto market is up today as Bitcoin’s rally to a new 2023 high triggers a breakout in altcoins and DeFi tokens.

10 Nov 2023

Bitcoin Fund Holdings Hit All-Time High as Spot ETF Excitement Entices Crypto Investors

tktk

10 Nov 2023

3 theses that will drive Ethereum and Bitcoin in the next bull market

Cryptocurrency is going to break out of its bubble and reach critical mass thanks to layer-2 blockchains — and a couple of other factors.

10 Nov 2023

Price analysis 11/10: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC

Bitcoin and Ether are leading the cryptocurrency markets from the front, but the risk of a short-term pullback remains.

10 Nov 2023

Bitcoin ‘Terminal Price’ hints next BTC all-time high is at least $110K

If history repeats itself, Bitcoin will easily be able to deliver a six-figure price next cycle, according to the on-chain indicator.

10 Nov 2023

First Mover Americas: Ether Surges on BlackRock’s ETF Plans

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 10, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

10 Nov 2023

Bitcoin Could Hit $69K by Mid-2024 as It Enters Acceleration Phase, Analyst Says

BTC prices have doubled this year amid a spot ETF push by prominent traditional finance firms.

10 Nov 2023

Michael Saylor’s Massive Bitcoin Bet Crosses $1B in Unrealized Profit

Saylor’s business software company, MicroStrategy, held more than 158,000 bitcoins as of Friday.

10 Nov 2023

Bitcoin ETF Excitement Drives Wall Street Giant CME Above Binance in BTC Futures Rankings

CME's rise to the top rank highlights the growing institutional demand for bitcoin, as the venue is almost exclusively used by large traditional financial institutions, one analyst noted.

10 Nov 2023

Will BTC Price Surge to $45K Amid Potential Bitcoin ETF Approval?

Bitcoin's potential rally to $45,000 amid ETF anticipation and a strong year-end outlook -- Matrixport

10 Nov 2023

Ether Surges to 7-Month High, Outshines Bitcoin on BlackRock ETF Plans; Altcoins Plunge

Bitcoin hit an 18-month high near $38,000 before pulling back sharply.

9 Nov 2023

2 Years Ago, Bitcoin Hit an All-Time High. Is Another Rally on the Way?

We were full of “irrational exuberance” in November 2021.

9 Nov 2023

Wild Bitcoin, Ether Price Swings Spur $400M of Crypto Liquidations, the Most Since August

tktk

9 Nov 2023

First Mover Americas: Bitcoin Tops $37K

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 9, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

9 Nov 2023