Bitcoin

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Tom Lee, Fundstrat, joins ‘Closing Bell: Overtime’ to discuss Binance’s crypto recovery fund and the industry overall. 03:15 2 hours ago Source link

The costs against Cøbra were awarded in a copyright case related to the the Bitcoin white paper, the cryptocurrency’s founding manifesto. Wright, an Australian computer scientist, has long claimed to be Satoshi Nakamoto, the pseudonymous inventor of Bitcoin. He accused Cøbra and bitcoin.org of infringing his rights after the website published the white paper, attributed to Satoshi. Wright sought a declaration that, as Satoshi, he owned the copyright. Source link

Barry Silbert, founder and CEO, Digital Currency Group said they can cope with the crypto winter chill. Photo: Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal via Getty Grayscale owner DCB has revealed that it is $2bn (£1.65bn) in debt, causing the value of bitcoin to look increasingly precarious due to the company’s digital asset holdings and its ownership of troubled crypto lender Genesis. The Grayscale Bitcoin Trust is one of the world’s largest holders of bitcoin (BTC-USD), with a stash… Source link

The cryptocurrency crisis, worsened by the dramatic collapse of fast-growing crypto exchange FTX in mid-November, has raised questions about the future of these digital currencies. Bitcoin, the largest and most well known among them, has fallen to a two-year low in recent days. But one of the cryptocurrency’s most prominent backers is doubling down. On Nov. 17, El Salvador’s President Nayib Bukele, who last year made his country the first in the world… Source link

Smaller wallet addresses in the Bitcoin (BTC) ecosystem continue accumulating BTC despite market turmoil. The number of known addresses on the Bitcoin blockchain that hold 1 BTC or more has hit a new all-time high. According to blockchain analytics company Glassnode, the number of wallets holding at least 1 BTC or more reached 950,000. Bitcoin balances of 1 BTC or more has surged since November. Source: Glassnode Bitcoin podcast host Jake Woodhouse told Cointelegraph that “To the untrained… Source link

Bitcoin (BTC) may follow stocks on a “massive bull run” as the weekly chart delivers a unique sign of strength. The latest analysis from several well-known crypto names suggests it is time to give up the bear market narrative. Despite everyone talking about a new macro BTC price low, possibly at $12,000, new perspectives demand a rethink. Be it thanks to macro or just good old Bitcoin price cycles, there are three new reasons to flip bullish on Bitcoin in its current state near two-year… Source link

Bitcoin price struggled to clear the $17,000 resistance. BTC seems to be forming a double top pattern and might dive below the $16,000 support. Bitcoin attempted an upside break above the $17,000 resistance, but failed. The price is trading above $16,300 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $16,420 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to decline if it breaks the… Source link

Bitcoin price struggled to clear the $17,000 resistance. BTC seems to be forming a double top pattern and might dive below the $16,000 support. Bitcoin attempted an upside break above the $17,000 resistance, but failed. The price is trading above $16,300 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $16,420 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to decline if it breaks the… Source link

Bitcoin traded little changed Friday morning in Asia, while Ether rose amid a mixed performance by the top 10 non-stablecoin cryptocurrencies by market capitalization. XRP was the biggest winner ahead of deadlines for filing briefs in the lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. Ripple’s payment network is powered by XRP. See related article: Who is exposed to FTX? A running compilation on a rapidly moving target Fast facts Bitcoin dipped 0.1% to… Source link

The largest cryptocurrency by market capitalization was recently trading at about $16,500, down a mere 0.11% over the past 24 hours. BTC has been holding steady around $16,000 for the past three weeks, although it took a brief dip below $15,500 on Monday amid fears about the future of crypto trading and lending firm Genesis Global Capital, which has been caught up in crypto platform FTX’s implosion. Source link