BREAKING: Bitcoin Remains Steady as Fed Announces Biggest Rate Hike in 22 Years – U.Today

Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. Bitcoin, the largest cryptocurrency, is up about 1% on the news, currently trading at $39,141 on the Bitstamp exchange. As reported by U.Today, the Fed hiked the benchmark short-term interest rate by 25 basis points in […]

Craig Wright Sues Top Crypto Exchanges for Promoting “Fake” Bitcoin – U.Today

London-headquartered law firm Ontier, which represents self-proclaimed Satoshi Craig Wright, has announced that the Australian computer scientist is suing Coinbase and Kraken, two major cryptocurrency exchanges, for misrepresenting Bitcoin. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain […]

Bitcoin Long-Term Holders Are Capitulating and It Shouldn’t Worry You – U.Today

Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. According to the Long-Term Holder Spent Price against the Cost Basis indicator, most investors are still capitulating as the divergence between the purchase price and the selling price constantly rises. Glassnode’s report also included an overview […]

XRP, Bitcoin and Other Coins Now Supported by Argentina’s Largest Private Bank – U.Today

The number of firms that allow their workers to receive payments in crypto has soared by more than 340% in only one year, with small businesses being the key driver behind growing adoption. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from […]

Streaming Platform Angel Studios Adds Bitcoin to Its Balance Sheet – U.Today

The company states that its Bitcoin holdings are “highly liquid.” Angel Studios originally made the purchase in October after selling 1.7 million of its Class A shares. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. …Read […]

Bitcoin “Very Likely” Going to Zero, Says Warren Buffett’s Right-Hand Man

Berkshire Hathaway Vice Chairman Charlie Munger took aim at Bitcoin during the company’s annual shareholder meeting in Omaha, predicting that the world’s largest cryptocurrency will “very likely” collapse to zero. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain […]

Infamous Conspiracy Theorist Alex Jones Receives Seven-Figure Bitcoin Donation – U.Today

Right-wing conspiracy theorist Alex Jones has received a $1.4 million Bitcoin contribution from an anonymous donor, according to a Friday report published by the Southern Poverty Law Center. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. […]

$120 Million Worth of Shorts Liquidated as Bitcoin Teases Return to $40,000 – U.Today

Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. As data from CoinGlass suggests, $200 million worth of orders on various cryptocurrencies were liquidated as Bitcoin and other coins and tokens faced increased volatility. Reportedly, $75 million worth of long orders were deleted from the market, which […]

Goldman Debuts Bitcoin-Backed Loan – U.Today

banking giant Goldman Sachs, which has roughly $2.5 trillion worth of assets under management, has introduced a Bitcoin-backed Bitcoin loan, according to a Thursday report by Bloomberg. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. …Read […]

Fidelity Pushes Bitcoin Further Into Mainstream by Offering It for Pension Plans – U.Today

Mutual fund giant Fidelity Investments is on track to allow customers to add Bitcoin to their 401 savings plans, according to a recent report published by The New York Times. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to […]

Bitcoin Breaking Below $30K Is “Very Possible,” Analyst Says – U.Today

Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. If Bitcoin keeps breaking down below the key support level, it will likely look like another bear market rather than a corrective phase. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of […]

El Salvador’s Bitcoin Experiment Is Big Failure, Study Shows – U.Today

As of April, 80% of companies in El Salvador still do not accept the largest cryptocurrency despite the fact that the controversial Bitcoin Law requires mandatory acceptance. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. …Read the […]

Bitcoin Drops Below Ascending Channel to $38,000, Liquidations Spike to $200 Million – U.Today

Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. Following almost two weeks of consolidation, Bitcoin has finally dropped below the ascending channel that has been forming since January 2022, according to TradingView. The drop below $40,000 should also be considered a strong psychological loss, […]

1,773 Bitcoin ASICs Destroyed by Malaysian Police – U.Today

Acting on a tip, Kedah police searched 21 locations to investigate electrical power theft, electric meter tampering, and the level of damage inflicted on electricity supply lines. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. …Read […]

Cardano Founder Takes Aim at Bitcoin Mining Centralization – U.Today

In a separate tweet, Hoskinson says that there are no individual miners left due to the proliferation of highly complicated equipment and the emergence of a highly professionalized multibillion-dollar business. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to […]

Is EU Trying to Ban Bitcoin (Again)? – U.Today

As reported by U.Today, Ripple co-founder Chris Larsen and several environmental groups, including Greenpeace, recently launched a similar campaign in order to promote the highly improbable code change. According to Patrick Hansen, head of strategy for a decentralized finance company, the alarming report is “mainly FUD” since it refers to older minutes and documents that date […]