Bitcoin

James Parker became known as the Bitcoin millionaire, police said A £21m Bitcoin fraud netted a Blackpool-based gang so much money they struggled to spend it, said police. James Parker used a glitch in a trading website to siphon money with the help of Kelly Caton, Stephen Boys, Jordan Robinson and James Austin-Beddoes. They made money so quickly that Parker bought cars for strangers and gave away £5,000 vouchers to try to deal with the proceeds, Lancashire Police said. But it fell apart when… Source link

After 66 agonizing days, Bitcoin (BTC) price finally broke above the $20,000 psychological resistance on Jan. 14. At the same time, the current $400 billion market capitalization gives BTC a position in the top-20 global tradable assets, surpassing giants like Walmart (WMT), Mastercard (MA) and Meta Platforms (META). From one side, Bitcoin bulls have reasons to celebrate after its price recovered 34% from the $15,500 low on Nov. 21, but bears still have the upper hand on a larger time frame… Source link

A Bitcoin logo inside a BitBase cryptocurrency exchange in Barcelona, Spain, on Monday, May 16, 2022. Angel Garcia | Bloomberg | Getty Images Bitcoin has held steady above $21,000 for the last two days, bringing it back above the price it was when Sam Bankman-Fried’s crypto exchange, FTX, began its slide toward bankruptcy. Since Monday, bitcoin has largely held steady above $21,000, well above its Nov. 2 price of $20,283. The price of bitcoin has jumped more than 22% in the last seven days,… Source link

Bitcoin (BTC) spiked higher around the Jan. 17 Wall Street open as nervous analysts waited for further cues. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Opinions diverge over Bitcoin’s fate Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly touching $21,594 on Bitstamp, marking its highest since Sep. 13. As bullish impulses continued to hit the chart, reactions stayed conservative amid an atmosphere of suspicion over the true source of Bitcoin’s return… Source link

Bitcoin and other cryptocurrencies continued to rally Tuesday, pushing past levels not seen since the collapse of crypto exchange FTX and hitting the highest prices in months. But analysts cautioned that the rally has little fundamental support, making the prospect of chasing it a risky one for traders. Source link

Northmantrader.com founder Sven Henrich provides insight on investing in cryptocurrency on ‘Making Money.’ Cryptocurrency trading slowed significantly in 2022 and may not recover fully this year, according to the world’s largest independent crypto data aggregator. CoinGecko’s 2022 annual crypto industry report shows daily average crypto trading volume decreased steadily quarter-on-quarter, from around $100 billion in the first half of 2022, to $90 billion in the third quarter and… Source link

Cryptocurrency trading slowed significantly in 2022 and may not recover fully this year, according to the world’s largest independent crypto data aggregator. CoinGecko’s 2022 annual crypto industry report shows daily average crypto trading volume decreased steadily quarter-on-quarter, from around $100 billion in the first half of 2022, to $90 billion in the third quarter and $60 billion in the fourth quarter. “Dwindling volumes are a sign that investors are withdrawing further from the… Source link

Cryptocurrency trading slowed significantly in 2022 and may not recover fully this year, according to the world’s largest independent crypto data aggregator. CoinGecko’s 2022 annual crypto industry report shows daily average crypto trading volume decreased steadily quarter-on-quarter, from around $100 billion in the first half of 2022, to $90 billion in the third quarter and $60 billion in the fourth quarter. “Dwindling volumes are a sign that investors are withdrawing further from the… Source link

Bitcoin (BTC) hit new two-month highs overnight into Jan. 19 as suspicions over the market’s validity gained momentum. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Concern over BTC liquidity”exploit” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it consolidated above $21,000 after hitting $21,455 on Bitstamp. That marked the pair’s highest point yet in 2023, the latest accomplishment in a bullish recovery unchallenged since the FTX debacle. Amid… Source link

Bitcoin (BTC) has gained nearly 28% this month, hitting the highest since early November. The popular narrative on Crypto Twitter is that traders from Coinbase (COIN) have powered the cryptocurrency higher. However, the Nasdaq-listed exchange hasn’t been the only source of bullish pressures for the cryptocurrency. The Coinbase premium index, which measures the spread between Coinbase’s BTC/U.S. dollar (USD) pair and Binance’s BTC/USDT pair involving the tether stablecoin, turned positive last… Source link