Tag: btcusd

Nov 28 2022

Genesis Global Capital Under Scrutiny By US State Regulators

Nov 28 2022 Published at Bitcoinist.com under tags  btcusd btcusdt crypto crypto news exchange

Crypto trading firm Genesis, a renowned crypto lender and lists among the top lenders in the world, is reportedly under the lens of regulators in the state of Alabama and other U.S. states. The state securities department is undertaking a careful look at aspects which also concern the "interconnectedness of crypto...

Nov 27 2022

Crypto Exchange Coinsquare Suffers Data Breach – Here’s What Happened

The Canadian crypto exchange platform, Coinsquare recently suffered a data breach. It is the first...

Nov 25 2022

Bitcoin Hashrate Declines As Mining Difficulty Stays At ATH Levels

Data shows the Bitcoin mining hashrate has been on a decline recently as the difficulty is currently at all-time high levels. Bitcoin Mining Hashrate Is Down Almost 7% From The Recent High The "mining hashrate" is an indicator that measures the total amount of computing power currently connected to the Bitcoin network. When the value of this metric...

Nov 24 2022

For Bitcoin Price To Ease Investor Jitters, BTC Must Cling To This Price Level

Nov 24 2022 Published at Bitcoinist.com under tags  bitcoin bitcoin price btc btc price btcusd

Bitcoin (BTC) has nosedived following the FTX collapse and the increased crypto volatility. It's anyone's guess when the most popular crypto will rebound to its most robust state. In fairness, the world's most sought-after crypto has improved a bit, reaching the $16,700 level, yet it still not enough to ease the worries of many investors. Here's a quick glance at how Bitcoin has...

Nov 23 2022

Bitcoin Trading Volume Down To 3-Month Low As FTX Volatility Fades

Data shows the Bitcoin trading volume has plunged to a 3-month low as renewed market volatility due to the FTX fiasco fades away. Bitcoin 7-Day Average Trading Volume Has Plummeted This Week As per the latest weekly report from Arcane Research, the activity in the BTC market has slowed down recently. The "...

Nov 22 2022

Not Your Keys: Monthly Bitcoin Exchange Outflows Reach New ATH

Data shows the monthly Bitcoin exchange outflows have reached a new all-time high as investors have been rushing to get their coins into personal wallets, the keys to which they own. Safety In Self-Custody: Historical Amount Of Bitcoin Exits Exchanges As per the latest weekly report from Glassnode, BTC is currently exiting exchanges at a rate of 172.7k BTC per month, the...

Nov 21 2022

Investors Panic As Largest Bitcoin Fund Hits All-Time Low Premiums

The Grayscale Bitcoin Fund (GBTC) remains the largest legal bitcoin fund in the world with hundreds of thousands of BTC in holdings. However, given recent developments, the value of the fund has taken a massive hit. GBTC had been trading for a high premium for most of the year, but with the issues rocking Genesis Trading, which shares the same parent company with...

Binance Surpasses Coinbase To Become Largest Bitcoin Reserve Holder

Data shows Binance has now surpassed Coinbase to become the exchange with the largest Bitcoin reserve in the market. Bitcoin Reserve Of Crypto Exchange Binance Has Shot Up Recently As pointed out by an analyst in a CryptoQuant post, Binance has become the largest BTC reserve holder for...

Bitcoin Decline May Soon Be Over As BTC Is Seen Hitting $250,000 In 1st Half 2023

Nov 21 2022 Published at Bitcoinist.com under tags  bitcoin btc btcusd collapse crypto

Over the last two weeks, Bitcoin, the largest cryptocurrency in terms of market capitalization, lost more than 22% of its value as it continues to struggle in shaking off the effects of the FTX crypto exchange implosion. After briefly reclaiming the $21K territory, BTC was wiped out of all of its gains from the October 25 bullish run of...

Nov 18 2022

Bitcoin Miner Hash Price Declines To New All-time Low

Data shows that the Bitcoin miner hash price has now declined to $58.3k per Exahash per day, a new all-time low for the metric. Bitcoin Miner Hash Price Has Continued To Trend Down Recently As per data from the on-chain market intelligence firm Glassnode, miners have remained under extreme pressure in this drawdown. The "miner hash price" is an...

Nov 17 2022

Why Bitcoin Drawdown May Still Not Be Painful Enough For Bottom

The Bitcoin supply in profit metric could hint that the current bear market hasn't been painful enough yet for the cyclical bottom to be formed. Bitcoin Supply In Profit Has Plummeted To 45% Following Crash As pointed out by an analyst in a CryptoQuant post, all the historical bottoms took place when the...

Nov 16 2022

Elon Musk Names Dogecoin As One Of Three Cryptos With A Good Future

Nov 16 2022 Published at Bitcoinist.com under tags  bitcoin btc btcusd crypto market dogecoin

Dogecoin remains Elon Musk’s favorite cryptocurrency and the billionaire’s conviction in the meme coin looks to not have waned thus far. As the crypto winter rages on, speculations abound on what projects would be able to make it out and come out stronger. The obvious remains the largest cryptocurrencies in the market, but Tesla CEO Elon Musk has added Dogecoin to the list...

What Does The Founder Of 3AC Has To Say About FTX’s Fallout?

The founder of the currently inoperative crypto hedge fund Three Arrows Capital (3AC) has started to make statements regarding the firm's bankruptcy. This comes after months of silence after the bankruptcy. In recent times, the Three Arrows Capital founder, Kyle Davies, has taken to the social media platform...

Crisis For Already Struggling Bitcoin Miners: Revenues Plunge 15% In 7 Days

Data shows the already struggling Bitcoin miners have received another blow this week as their revenues have plunged by 15%. Bitcoin Daily Miner Revenues Sharply Declined Following Price Crash As per data from the latest weekly Arcane Research report, the daily mining incomes have dropped to just $16.3 million now. The "...

Bitcoin Trading Volume Surged To New Yearly Highs During Past Week

Data shows the Bitcoin spot trading volume spiked up and reached new yearly highs during the past week. Bitcoin 7-Day Average Trading Volume Hits New Highs For 2022 As per the latest weekly report from Arcane Research, Binance alone accounted for 89% of the high volumes. The "daily trading...

Jimmy Song And Samson Mow Vs. Vitalik Buterin, Battle Royale At LABITCONF

The fact that Jimmy Song and Samson Mow were in the same bill as Vitalik Buterin was interesting enough, but the actual panel was the equivalent of an atomic bomb blowing the stage up. What started as a discussion about the FTX collapse and saga, turned into a heated debate about bitcoin Vs. Ethereum pretty quickly. It was a spectacle. And Song and...

The Events Leading To LABITCONF: This Week In Buenos Aires

The 10th-anniversary edition of LABITCONF starts in a few hours. To celebrate, the legendary conference came back to its native Buenos Aires. The tickets are sold-out and the city is buzzing with activity, crypto celebrities, and satellite events. The following article is about two of them, both strictly bitcoin-focused, both starring the cream of the crop in Latin American bitcoin culture. And Samson...

USDC Stablecoin Issuer Circle Has Allowed Businesses To Use Apple Pay

Nov 16 2022 Published at Bitcoinist.com under tags  btcusd btcusdt circle crypto news usdc

USD Coin Issuer Circle has mentioned that Apple has now allowed and enabled crypto payments that will be using stablecoin on their payment platform. Merchants who accept the USDC will now be able to do so with the help of Apple Pay. It will be now possible to interact with Apple Pay for merchants who are open to accepting Circle's USDC...

Crypto Trading Platform Bitvo Terminates Acquisition Deal With FTX

Nov 16 2022 Published at Bitcoinist.com under tags  bitcoin bitvo btcusd btcusdt crypto

Cryptocurrency trading platform Bitvo, based in Canada, has stated that it has decided to terminate its deal to be bought by FTX. Bitvo mentioned that its shareholder, Pateno Payments Inc., had to go through with the termination of the agreement that was formed earlier with FTX Canada Inc. and FTX...

Nov 15 2022

Bitcoin Miners Dumped Almost 10% Of Their Reserves In Past Week

Data shows Bitcoin miners have dumped around 7.7k BTC in the last week, resulting in an almost 10% decrease of their reserves in the period. Bitcoin Miners Withdraw Large Amounts Following The Crash As per the latest weekly report from Glassnode, the latest decline in the miner reserves is the sharpest since the September of 2018. The "...

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