Bitcoin Price Trapped Around $42k, Glassnode Depicts Collision between Bulls and Bears
Bitcoin price is currently trading down around 35% from the all-time high that was set in November 2021.
Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
Bitcoin price is currently trading down around 35% from the all-time high that was set in November 2021.
The new vice-chairmain of ESMA has been very vocal about his views on Bitcoin mining, describing it as a hindrance to meeting Paris Agreement climate targets.
In addition to stating that its clients can leverage their Bitcoin to buy properties, the fintech added that they would also qualify for a low-interest rate 30-year crypto mortgage.
Giant chip manufacturer Intel appears set to enter the Bitcoin mining ASIC market with its new chip, to compete with Bitmain.
Cardano (ADA) was up 29.89% in the past seven days compared to Bitcoin and Ethereum 0.28% and 2.04% up respectively.
JPMorgan is one of the few financial entities leading crypto adoption as it has in the past tried exploring bitcoin-linked products for greater exposure.
A Michael Saylor impersonator has managed to dupe a Bitcoin investor for $1.1 million in the latest giveaway scam.
Fidelity Digital Assets Institutional Investor Survey also found that 71% of US and European institutional investors surveyed plans to allocate to digital assets in the future at an institutional level.
The Bitcoin miner capitulation means major sell-offs from miners could trigger if Bitcoin falls another 20% from the current levels. Here’s what the possibility suggests.
The entrepreneur families in Puerto Rico are building a community centered around crypto.
Tesla says that customers will now be able to purchase select merchandise from its online shop as a trial run, using Dogecoin.
Dorsey believes that Bitcoin mining should be as easy as plugging a rig into a power source.
Fidelity noted that the way miners are accumulating and the mining industry has revived post the ban in China, they are set for a long haul.
At the interview, Edelman confessed to making these predictions for the last 7 years and believes that someday he is going to be right about it.
The IMF asserts that Bitcoin, other digital assets have now become ‘an integral part of digital asset revolution,’ but also pose some risks.