Bitcoin

Crypto may be feeling a bit down this year, but it’s had quite the upward climb over the years. Sure, the cryptocurrency market’s volatility can be a wild ride, but for patient investors, it can also be a source of opportunity. In fact, if you had the foresight to invest in Bitcoin (BTC 0.70%) back in 2015, you’d be sitting on a pretty impressive stack of cash right now — even if your first Bitcoin buy was tiny. Let’s take a look at just how much you could have made by taking a humble… Source link

Cryptocurrency has always been volatile, says one economics expert who spoke with ABC News. But 2022 was a stomach-churning, roller-coaster ride for investors and major players in the market. The prices of popular cryptocurrencies plummeted throughout 2022. Moreover, some cryptocurrency companies and their founders are facing bankruptcy and even the threat of imprisonment. A representation of bitcoin is seen in front of a stock graph in this illustration taken May 19, 2021. Dado Ruvic/Reuters,… Source link

The Lightning Network strikes again. In a small yet significant development for Bitcoin (BTC), a new type of BTC address has been introduced: the “Lightning Address.” These unique identifiers are specifically designed for use on the Lightning Network, a layer-2 payment protocol that operates on top of the Bitcoin blockchain. A user-friendly addition to ways in which Bitcoin users can send, receive and even raise money, Lightning addresses can be custodial, or users can connect to their… Source link

The Lightning Network strikes again. In a small yet significant development for Bitcoin (BTC), a new type of BTC address has been introduced: the “Lightning Address.” These unique identifiers are specifically designed for use on the Lightning Network, a layer-2 payment protocol that operates on top of the Bitcoin blockchain. A user-friendly addition to ways in which Bitcoin users can send, receive and even raise money, Lightning addresses can be custodial, or users can connect to their… Source link

Bitcoin (BTC) recovered from an overnight dip on Dec. 20 as Japan’s central bank sparked chaos on global financial markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst likens BoJ policy to FTX Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to near $17,000 after falling over 3% through the course of Dec. 19. The largest cryptocurrency benefitted from flash U.S. dollar weakness, this coming on the back of a surprise policy tweak from the… Source link

Bitcoin (BTC) recovered from an overnight dip on Dec. 20 as Japan’s central bank sparked chaos on global financial markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst likens BoJ policy to FTX Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to near $17,000 after falling over 3% through the course of Dec. 19. The largest cryptocurrency benefitted from the flash United States dollar weakness, this coming on the back of a surprise policy tweak… Source link

Bitcoin and Ether gained in Asian trading on Tuesday afternoon, with Dogecoin leading declines across the top 10 non-stablecoin cryptocurrencies. See related article: Bankrupt Voyager Digital says it accepted Binance bid for assets valued at US$1B  Fast facts Bitcoin inched up 0.24% over the past 24 hours and was trading at US$16,785 by 4:30 p.m. in Hong Kong, and Ether declined 2.07% to US$1,207, according to CoinMarketCap. Dogecoin declined 4.95% to US$0.07399, down by 16.44% over the last… Source link

Matthew Dibb, CIO at Astronaut Capital, voiced a similar opinion.”The initial market reaction to BOJ has been clear risk off. It’s hard to say if it will stick, however cryptos have rebounded slightly. At this stage we believe any strength or decorrelation is simply a lag. If we see equities lower, the same will be true for crypto,” Dibb told CoinDesk Source link

CryptoSlate analysts examined the detailed proof-of-reserves of leading crypto exchanges outside of Coinbase and Binance. It revealed that Bitfinex holds the most significant Bitcoin (BTC) reserves, with $3.5 billion worth of BTC. The data was obtained on Dec. 16 from OKX, KuCoin, Crypto.com, ByBit, Binance, BitMEX, and Bitfinex. OKX follows Bitfinex with the second largest BTC pool with more than $1.5 billion in BTC, while Binance comes as the third with just above $5 billion in BTC…. Source link

The government of India has provided some updates on its cryptocurrency bill and investigations of crypto exchanges in Lok Sabha, the lower house of India’s parliament. “Crypto assets are by definition borderless and require international collaboration to prevent regulatory arbitrage,” said the minister of state in the Ministry of Finance. Indian Government Answers Questions About Crypto Bill and Regulation The Indian government answered two sets of questions about… Source link