Bitcoin Archives - NEWS TV USA

Crypto’s Brutal Slump Has Finally Caught Up With Bitcoin ATMs

Breadcrumb Trail Links PMN Business Amherst County, Virginia, doesn’t have a hospital. It does have a Bitcoin ATM. Author of the article: Bloomberg News Carly Wanna, Anna Irrera and Rachel Butt Publishing date: Nov 26, 2022  •  7 minutes ago  •  5 minute read Join the conversation NEW YORK, NEW YORK – JUNE Photo by Michael … Read more

Institutions short Bitcoin as SBF is ‘deeply sorry’ for FTX collapse

The monumental collapse of FTX will go down as one of the biggest corporate scandals of all time. But, at least Sam Bankman-Fried, or SBF, is sorry. On Nov. 22, the disgraced founder of FTX penned a letter to his former employees describing his role in the company’s bankruptcy. “I never intended this to happen,” … Read more

$15.5K retest is more likely, according to Bitcoin futures and options

Bitcoin (BTC) has been trading near $16,500 since Nov. 23, recovering from a dip to $15,500 as investors feared the imminent insolvency of Genesis Global, a cryptocurrency lending and trending company. Genesis stated on Nov. 16 that it would “temporarily suspend redemptions and new loan originations in the lending business.”  After causing initial mayhem in … Read more

Bitcoin on track for 1% weekly loss amid broader caution as FTX contagion continues

Olemedia/iStock via Getty Images Bitcoin (BTC-USD) is on track to end the week ~1% lower, with investors remaining wary as the contagion from the implosion of troubled cryptocurrency exchange FTX continues. The top crypto fell to an over two-year low of $15.6K earlier this week and could potentially slide further. “There’s likely more to come … Read more

Bitcoin To Plunge Further? Long-Term Holders Ramp Up Selling

On-chain data shows Bitcoin long-term holders have ramped up their selling recently, something that could lead to further plunge in the crypto’s price. Bitcoin Exchange Inflow CDD Has Spiked Up Over The Last Day As pointed out by an analyst in a CryptoQuant post, the current rise in the CDD is the largest since 6th … Read more

Bitcoin Bulls Get Rejected As $16,700 Proves Too Strong; Here Is What To Expect

BTC’s price is rejected from breaking above $16,700 as this region is too strong for bulls.  BTC’s price remains bearish in the high timeframe as most traders and investors remain cautious.  BTC’s price bounces from a low of $15,500 on the daily timeframe as the price reclaims $16,500 as price struggles to break higher above … Read more

Bitcoin addresses holding at least 1 BTC close in to a million

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 … Read more

Will Bitcoin hit $110K in 2023? 3 reasons to be bullish on BTC now

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 … Read more

Bitcoin little changed, Ether rises ahead of ‘Shanghai’ upgrade, XRP climbs

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 … Read more