Cryptocurrency News Headlines

Cryptocurrency news hot off the press!

Keep informed of the latest market moving incidents and information. Cryptocurrency news hot off the press! Keep informed of the latest market moving incidents and up to date headline news information.

Bitcoin Wicks to $17,100 Amid 14% Pre-Thanksgiving Crash

Bitcoin wicked as low as $17,100 minutes ago as buying pressure finally abated after weeks upon weeks of upward price action. The coin corrected from the $19,600 region yesterday to these lows for a drop of approximately 14%. Analysts are currently divided over what comes next for the leading cryptocurrency. Bitcoin was starting to roll […]

Read more

Asset Manager Vaneck Launches Physically-Backed Bitcoin Exchange-Traded Note

Asset Manager Vaneck Launches Physically-Backed Bitcoin Exchange-Traded NoteOn November 25, the asset manager Vaneck announced the launch of an exchange-traded product (ETP) called the “Vaneck Vector Bitcoin ETN.” The exchange-traded note is physically-backed by bitcoin and listed on the trading exchange Deutsche Böerse Xetra. The newly listed Vaneck bitcoin ETN provides investors with the opportunity to buy and sell the ETN, and […]

The post Asset Manager Vaneck Launches Physically-Backed Bitcoin Exchange-Traded Note appeared first on Bitcoin News.

Read more

TA: Bitcoin Price Corrects 5%, Why Bulls Are Still Comfortable

Bitcoin price formed a double top pattern near $19,500 and corrected lower against the US Dollar. BTC is now trading below $18,500 and it could test the $18,000 support or $17,600. Bitcoin failed again to clear the $19,500 resistance and started a sharp downside correction. The price declined sharply below the $19,000 level and the […]

Read more

Bitcoin Rally Isn’t Just Institutional Driven, Emerging Markets Are Voting For Revolution

Bitcoin very well has the potential to be the successor to the dollar and the next global reserve currency. For now, the store of value narrative and acting as a hedge against inflation has drawn institutions to the asset class finally. Crypto analysts point to the high wealth, “smart money” investor class as the sole […]

Read more

New Research Suggests Satoshi Nakamoto Lived in London Creating Bitcoin

New Research Suggests Satoshi Nakamoto Lived in London Creating BitcoinThe hunt for the mysterious Bitcoin inventor, Satoshi Nakamoto continues to this day, as new data-driven research has been recently deployed in order to figure out the creator’s location while he/she or they worked on the network. The researchers analyzed Satoshi’s 539 Bitcointalk posts, 34 emails, 169 code commits, metadata from all the versions of […]

The post New Research Suggests Satoshi Nakamoto Lived in London Creating Bitcoin appeared first on Bitcoin News.

Read more

Lithuania Rakes in 6.4 Million Euros From Selling Seized Cryptocurrencies

Lithuania’s tax authority has sold the cryptocurrencies it previously seized for 6.4 million euros (approximately $7.6 million). The three cryptocurrencies confiscated were bitcoin, ether, and monero. This was the first time the tax authority sold seized cryptocurrencies. Lithuania Sold Seized Cryptocurrencies The State Tax Inspectorate (STI) under the Ministry of Finance of the Republic of […]

The post Lithuania Rakes in 6.4 Million Euros From Selling Seized Cryptocurrencies appeared first on Bitcoin News.

Read more

Analyst: XRP Posts Failed Breakout as It Loses Its “Coil Power”

XRP has been caught in the throes of volatility as of late, with much of this greatly favoring bulls The crypto saw a parabolic upswing earlier this week that caused its price to multiply over the past few days This intense upswing has slowed down, and the lack of any fundamental catalysts backing this movement […]

Read more

Ethereum Transaction Fees Rising Hints At DeFi Season Round Two

Over the summer months, Ethereum transaction fees ran hot, causing the DeFi trend and Uniswap token swapping boom to finally run out of steam. But as transaction fees begin to pick up again after a period of inactivity and downtrend, could it be a signal that another phase of DeFi dominance is about to start? […]

Read more

Major Australian Investment Firm Moves From Negative-Yielding Assets Like Gold to Bitcoin

Billion Dollar Australian Investment Firm Gets Into Bitcoin, Says Government Bonds Will Be Dead Asset Class, BTC Superior to GoldA billion-dollar Australian investment management firm has gotten into bitcoin, citing that the cryptocurrency is superior to gold. Many of the firm’s clients have been asking about investing in bitcoin. “We have been positioning in gold for our clients for many many years now. Now we’re doing it with bitcoin,” said an executive of the […]

The post Major Australian Investment Firm Moves From Negative-Yielding Assets Like Gold to Bitcoin appeared first on Bitcoin News.

Read more

Why Ethereum and Altcoins Faced Carnage As Bitcoin Hit $19,500

The ongoing Bitcoin rally brought investor interest back to altcoins in a big way, but as soon as the top-ranked cryptocurrency made it above $19,000, it has been nothing but carnage for Ethereum and the rest of the altcoin space. Here’s why these assets faced carnage as soon as Bitcoin hit $19,500, and why it […]

Read more

The FBC Fund Has Invested in Vectracoin

The rumors about the acquisition of 2000 tokens appeared last week, but both sides confirmed that the transaction took place actually only last night. The FBC (Finance and Business Capital LTD) Fund is best known for its unique patented FBC13 algorithm, which allows you to predict the short-term behavior of the stock market and cryptocurrency […]

Read more

Bitcoin Price Rises Ahead of FOMC Minutes; What to Expect Next?

Bitcoin rose Wednesday, right ahead of the release of the Federal Open Market Committee’s minutes from their November meeting. The benchmark cryptocurrency climbed 0.13 percent to $19,198, with its rally slowing down as traders weighted vaccine progress against a persistent rise in coronavirus infections in the US. Technically, Bitcoin maintained support near $19,000, with bulls […]

Read more

CFTC’s New Rules Cause Coinbase to Stop Offering Crypto Margin Trading

Cryptocurrency exchange Coinbase is disabling its margin trading product in order to comply with the new rules set by the Commodity Futures Trading Commission (CFTC). CFTC’s Rules Affecting Margin Trading Offerings Coinbase’s chief legal officer, Paul Grewal, explained in a blog post on Tuesday: In response to new guidance from the Commodity Futures Trading Commission, […]

The post CFTC’s New Rules Cause Coinbase to Stop Offering Crypto Margin Trading appeared first on Bitcoin News.

Read more

Janet Yellen is Bullish for Bitcoin, Macro Investor Explains Why

Bitcoin rallied to over $19,000 in the same week that saw President-elect Joe Biden’s decision to appoint Keynesian economist Jenet Yellen as the next US Treasury Secretary. Anthony Pompliano, the co-founder/partner at New York-based Morgan Creek Digital Assets, noted that Ms. Yellen’s economic management style complements Bitcoin’s bullish case. In his note to investors published […]

Read more

Top Bitcoin Mining Stocks Post Higher YTD Gains Than Crypto Itself

The top two BTC mining companies in America, RIOT and Marathon, have posted 492.6% and 387% gains over the past 12 months, outperforming both Bitcoin and Ether at 170% and 368%, respectively. Caution Ahead for Bitcoin Mining Stocks This year’s rise in Bitcoin mining stocks has been comparable to the surge in gold mining companies […]

Read more

OKEx CEO Jay Hao Talks About Recent Withdrawal Suspension and Safety of Crypto Assets on the Platform

The leading crypto spot and derivatives exchange OKEx recently announced that crypto withdrawal service will be restored on the platform by November 27, after more than a month of suspension. The news has come as a relief to its users. We reached out to the CEO of OKEx, Jay Hao, and asked a few questions […]

Read more

Wall Street Investor: The Altcoin Squeeze Might Be Over, Eyes on Bitcoin

Altcoins have strongly outpaced Bitcoin over the past few days. This is a large shift compared to what took place just weeks ago where it was BTC that was leading the market and altcoins that were down in the dumps. But here we are, with altcoins up dozens of percent today as Bitcoin only posts […]

Read more

Algorithmic Bitcoin and Ethereum Social Attention List Ranks Influencers With Math

Algorithmic Bitcoin and Ethereum Social Attention List Ranks Influencers With MathOn November 19, Hive.one, a project that maps the community clusters of Bitcoin and Ethereum social status using mathematics, announced the launch of a new algorithm version. Since the last time Hive.one published a list, social influencer scores and ranks changed and the creators believe the new scores “better reflect reality.” Just recently Hive.one announced […]

The post Algorithmic Bitcoin and Ethereum Social Attention List Ranks Influencers With Math appeared first on Bitcoin News.

Read more

Charted: Ripple (XRP) Consolidates, Why It Could Rally Again To $0.75

Ripple rallied significantly above $0.6000 and $0.7000 before correcting lower against the US Dollar. XRP price is now consolidating above $0.6200 and eyeing the next crucial break. Ripple started a strong rally after it settled above the $0.3000 resistance against the US dollar. The price tested the $0.7500 resistance and settled well above the 100 […]

Read more

John Lennon’s Son Says Bitcoin Empowers People, Gives Him Optimism in Ocean of Destruction

John Lennon's Son Says Bitcoin Empowers People, Gives Him Optimism in Ocean of DestructionSean Ono Lennon, the son of the Beatles’ John Lennon, says bitcoin gives him optimism amid the “ocean of destruction” this year. He believes that the cryptocurrency empowers individuals the way they have never been empowered before. Bitcoin Gives Sean Lennon Optimism Sean Ono Lennon is the son of the Beatles’ lead vocalist, John Lennon, […]

The post John Lennon’s Son Says Bitcoin Empowers People, Gives Him Optimism in Ocean of Destruction appeared first on Bitcoin News.

Read more

Free Shipping Over £50 to US & Europe