Bitcoin

Text size Fidelity’s push into Bitcoin is raising controversy but could be lucrative for the company. Dreamstime.com … Source link

Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra down at least $250 million in crunch Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling the $36,000 mark overnight after losing 12% in just 72 hours. Still near its lowest levels since late February, the pair had nonetheless avoided a rematch of 2022 lows at the time of writing despite low-volume weekend… Source link

It’s getting ugly out there. Bitcoin is down over 8% this week and has fallen nearly 50% from last year’s all-time-high. The situation isn’t much better for Ethereum, down 5% over the week, while newer best-of-breed coins like Solana (SOL), Terra (LUNA), and Avalanche (AVAX) fell over 10% this week. Things haven’t looked this bad in a while, and it’s going to get worse before it gets better. But don’t be alarmed. Like the meme of the dog in a bowler hat sitting in a house on fire: This is… Source link

Text size Bitcoin prices haven’t been this low since January. Dreamstime Bitcoin … Source link

Bitcoin (BTC) dipping below $36,000 “smells like capitulation,” one trader says as suspicion mounts over United States stock markets. In a tweet on May 6, Cointelegraph contributor Michaël van de Poppe suggested that the BTC price was at least giving “serious signals.” Analyst: Stocks saw “forced liquidation” After plunging to 10-week lows in line with equities on the May 5 Wall Street trading session, Bitcoin bounced at levels last seen in February. The downturn in both crypto… Source link

In less than 24 hours, the “relief rally” for cryptocurrencies following the Federal Reserve’s meeting has been erased. Unable to crest its key $40,000 price point during Wednesday’s rally, bitcoin tumbled more than 9% between 9 and 4 p.m. New York time Thursday from $39,500 to $36,300 per coin. Ether (ETH) sold off by 7% on the day from $2,939 to $2,741. The Nasdaq and S&P 500 are trading 5% and 3.5% lower. The slide in risk assets follows what analysts and traders anticipated… Source link

Bitcoin was trading around $37,000 Thursday. Rutmer Visser/Dreamstime … Source link

Text size Bitcoin prices were heading lower before rallying on Wednesday. Rutmer Visser/Dreamstime The price… Source link

Bitcoin (BTC) marks a milestone mining journey on Thursday, crossing the halfway point on the way to its next halving.  In Block number 735,000, mined at approximately 10:29 am UTC, Bitcoin crossed the halfway point to the next halving. The block was mined by Poolin, earning 0.16215354 BTC ($6,402.45) in fees.  Halvings occur every 210,00 blocks, and May 5 marks the cross-over point into the second leg of 105,000 blocks. For some Bitcoiners, such as Samson Mow, the Bitcoiner pioneering… Source link

Joe Rogan, the host of The Joe Rogan Experience, likens bitcoin to the early internet. Noting that now the cryptocurrency is “a viable form of currency” that “You can actually buy things with,” he said, “the government is freaking out.” Joe Rogan, Bitcoin, and the Government Famous podcaster Joe Rogan, the host of The Joe Rogan Experience, talked about bitcoin on his show, posted Tuesday. The show features an interview with UFC light heavyweight fighter Khalil Rountree… Source link