'Trump Trade' Means Bitcoin Could Soar for Eight Weeks, Says JP Morgan – Decrypt
Bitcoin's The stratospheric rise will continue for at least another eight weeks. That's according to analysts at JPMorgan, America's largest bank. Analysts at the bank said in a report on Thursday that the largest digital coin by market capitalization will continue to benefit from the Republican victory in the US presidential election. bitcoin price It […]
Freed Binance Exec Departs Nigeria as Country Teams With US on Crypto Task Force – Decrypt
Binance executive Tigran Gambariyan, who was held in a Nigerian prison for eight months, was released on Wednesday after Nigeria dropped charges against the US national. Gambarian's family has now confirmed that he has left Nigeria, and the two countries have set up a task force to combine resources to combat crypto-related crimes. “We are […]
Sudden Bitcoin Price Spike Pushes Crypto Liquidations to $285 Million – Decrypt
Traders betting on a fall in Bitcoin are feeling the pain as the price of Bitcoin continues to soar. But so are those betting on rising prices. The largest digital asset by market capitalization was rapidly approaching $68,000 per coin early Tuesday amid a sudden surge, according to CoinGecko. However, this increase did not last […]
Accused $150M Crypto Fraudster Turns Fugitive After Disabling Ankle Monitor – Decrypt
A German man accused of overseeing a $150 million cryptocurrency fraud has become a fugitive after failing to appear in court. Horst Jicha was on trial for securities fraud, wire fraud, and money laundering for his alleged involvement in USI Tech's cryptocurrency scheme. around CNBCJicha is suspected of tampering with his ankle bracelet monitor after […]
Bitcoin Price Drops Sharply as 'Uptober' Begins With Mass Liquidations and Middle East Tensions – Decrypt
Bitcoin prices plunged on Tuesday morning, the first day of the month that was historically expected to bring profits to traders. According to CoinGecko, the price of the largest digital asset is now $62,798, after falling as low as $62,633. It is down nearly 2% in 24 hours. US stocks too experienced a sharp decline […]
Ohio Senator Introduces Bill to Allow Bitcoin, Crypto Payments for State Taxes – Decrypt
On Monday, Ohio Sen. Niraj Antani proposed A bill that would establish Ohio as one of the few states to accept cryptocurrency payments for state and local taxes. The proposed bill would require all political branches in Ohio to accept Bitcoin and other cryptocurrencies for payments, although the specific digital assets have not yet been […]
Satoshi-Era Bitcoin Miner Moves Coins for First Time in 15 Years – Decrypt
On-chain data shows that some of the first Bitcoin ever mined is still showing signs of life, more than 15 years after it first entered circulation. Starting early Friday morning, at least five separate Bitcoin block rewards have been moved to new addresses for the first time since they were mined as part of a […]
BlackRock Says Clients Are Buying Bitcoin to Hedge Against US Debt Crisis – Decrypt
teeth Bitcoin “Risk-on” or “risk-off” assets? Analysts at BlackRock, the world's largest asset manager, say major digital currencies don't fit into either category. in PowerPoint Document BlackRock said in a statement on Wednesday that its clients see bitcoin as insurance against a possible U.S. debt crisis, noting that the cryptocurrency has “little fundamental exposure” to […]
Bitcoin ETFs Add $250 Million in Surge Ahead of Expected Rate Cut – Decrypt
Bitcoin Exchange-Traded Fund (ETF) There is a renewed interest. Figures published by blockchain data firm Arcam Intelligence show American funds added a total of about $250 million worth of Bitcoin on Monday, the most daily additions in more than a month. The surge helped push the price of bitcoin itself above $61,000 per coin on […]
Bitcoin Hits Lowest Price in a Month Following Weak US Jobs Report – Decrypt
Bitcoin Price Bitcoin plummeted to below $54,000 per coin on Friday after the U.S. jobs report showed payroll numbers were weaker than expected. Bitcoin, the largest digital asset by market cap, is currently trading at $53,829, its lowest price since Aug. 5, according to CoinGecko. It has fallen about 5% in the past 24 hours […]