Bitcoin

Monday saw a break-out for bitcoin. Photo: PA/Alamy Bitcoin (BTC-USD) has languished in the $16,000 (£13,415) trading range for almost three weeks, but Monday saw a break-out for the world’s biggest cryptocurrency, which spiked to $17,200 (£14,140). The entire cryptocurrency market capitalisation increased by 3% in the past 24 hours, according to Coingecko. Check: Crypto live prices Of the top 10 blue-chip cryptocurrencies, Cardano (ADA-USD) performed strongest and saw a hike of almost 17% in… Source link

BTC/USDT 1-Hour Analysis Chart (Source: TradingView) Looking at the hourly chart of the first-ever cryptocurrency to become used in real life, Bitcoin has been fluctuating between $16,622 and $17,248 within the past 7 days, according to CoinMarketCap. Since Bitcoin has been trading above the 200-moving average, it is generally thought that the cryptocurrency is now moving in bullish momentum. While BTC is currently inside an overbought region and has an RSI value of 72.39, we can anticipate… Source link

While Bitcoin (BTC) ATMs were an afterthought to Satoshi Nakamoto’s vision of sound money, they are now considered one of the main pillars of Bitcoin’s mainstream adoption. However, the global Bitcoin ATM network, which used to add thousands of machines each month in 2021, recorded a net addition of just 94 Bitcoin ATMs over the past six months since July 2022. A year-long bear market in 2022 — accompanied by geopolitical tensions and global inflation — hindered various initiatives… Source link

Bitcoin (BTC) starts a new week on a promising footing with BTC price action near one-month highs — can it last? In a new year’s boost to bulls, BTC/USD is currently surfing levels not seen since mid-December, with the weekly close providing cause for optimism. The move precedes a conspicuous macroeconomic week for crypto markets, with the December 2022 Consumer Price Index (CPI) print due from the United States. Jerome Powell, Chair of the Federal Reserve, will also deliver a speech on the… Source link

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated September 2, 2022 to its amended and restated short form base shelf prospectus dated January 4, 2022. Vancouver, British Columbia–(Newsfile Corp. – January 9, 2023) – HIVE Blockchain Technologies Ltd. (TSXV: HIVE) (Nasdaq: HIVE) (FSE: HBFA) (the “Company” or “HIVE”) is pleased to announce the production figures from the Company’s global Bitcoin operations for the month of… Source link

Recently, Binance has made efforts to increase its commitment to compliance, growing its security and compliance staff by 500% in 2022. Additionally, last fall the company assembled a global advisory board chaired by Max Baucus, a former Democratic senator from Montana. Meanwhile, the exchange seems eager to improve its relations with the U.S. government, recently becoming active in crypto lobbying in Washington, DC. Source link

Bitcoin and Ether rose in Monday morning trading in Asia, rising with the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Cardano and BNB changing the most. Many cryptocurrencies have been gaining over the past several days after the latest U.S. jobs data released last Friday sparked a Wall Street rally. See related article: Crypto exchange Huobi latest firm to slash staff: Reuters Fast facts Bitcoin was up 1% to US$17,117 in the 24 hours to 8 a.m. in Hong… Source link

Bitcoin and Ether rose in Monday morning trading in Asia, rising with the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Cardano and BNB changing the most. Many cryptocurrencies have been gaining over the past several days after the latest U.S. jobs data released last Friday sparked a Wall Street rally. See related article: Crypto exchange Huobi latest firm to slash staff: Reuters Fast facts Bitcoin was up 1% to US$17,117 in the 24 hours to 8 a.m. in Hong… Source link

Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt with the cryptocurrency exchange Binance, according to two people familiar with the matter. The hedge funds were allegedly issued subpoenas by the U.S. attorney’s office for the Western District of Washington. Sources Say U.S. Department of Justice Probes American Hedge Funds in Cryptocurrency Investigation Following a Reuters report in mid-December 2022 that said Binance is being probed by the… Source link

BTC spiked but failed to cross the $17,000 level on Sunday, and it is now trading in a narrow trading range of $16,900 to $17,000. The global crypto market cap is $8 billion at the time of writing, up 0.15% from the previous day. Bitcoin’s dominance is 39.57%, down 0.02% in 24 hours.  Santiment, a market intelligence platform, tweeted on January 8 that the market capitalization of all coins in the cryptocurrency market had been… Source link