Bitcoin News

Bitcoin bull run is over: Analyst says $8000 is the last hope

Bitcoin has seen a lot of trends in the past 2 months as it reached the highest trade price in August and this month it had an unexpected downfall. Bitcoin bulls were trying to defend the price at $10,000...

Are the whales ready to sell? Bitcoin Price crash alert

Bitcoin market was on a bearish path as the price was declining from the past few days, but yesterday things took a different turn when the price dropped to the $8,000 level. The recent Bakkt Bitcoin Futures contracts launch...

Bitcoin crashes to $8000: Will Bakkt take BTC to a yearly low?

Bitcoin has been facing a trend of downward corrections from the past few days as the price kept declining over the week. The BTC bulls could not act as the price failed to break through the major resistance levels. Crypto...

Alert: An unexplained 40% crash hits Bitcoin Hash Rate

Bitcoin's hash rate was increasing at a steady pace even though the price was fluctuating. But a sudden dip in the hash rate has left everyone wondering what the reason could be. On 23rd September, the hashrate for bitcoin...

UK authorities to auction £500,000 worth bitcoin

Eastern Region Special Operations Unit (ERSOU) of the UK police force seized cryptocurrencies worth £500,000 ($622,000). The authorities will conduct a 24-hour online auction to sell these seized cryptocurrencies.  The seized cryptocurrencies include 0.25 to 2 BTC and other smaller...

CFTC data shows market speculators holding short position for the Bitcoin futures

The U.S. Commodity Futures Trading Commission(CFTC) is responsible for the regulating of futures and open markets and makes sure that there is no deceitful conduct taking place in the trading of futures contracts. Recently, the data displayed by them...

Nigeria man accidently receives $80,000 in Bitcoin, returns it back.

The trade of cryptocurrencies is made online, and one should be very careful with the transactions they are making and to whom the funds are being transferred. In one such accidental wrong transfer, a Nigerian man received Bitcoins worth...

Can we really trust Bakkt? Big players have been involved in fraud for years.

Bakkt recently decided to offer crypto holding services which means that the Bitcoin of a user will be stored in custody and the bitcoins will be discovered physically. The Bakkt warehouse is launched for institutional traders where they can...

Is Bitcoin ETF just a dream now? VanEck withdraws its BTC ETF application.

A publicly-traded Bitcoin ETF was on its way as the Chicago Board Options Exchange's(CBOE) BZX Equity Exchange had already proposed for the approval from the SEC. However, yesterday things took a different turn as SEC published a notice in...

China stands against Bitcoin: Cleaning up mining operations. Will it affect BTC price?

Inner Mongolia's government is taking some serious steps by regulating the crypto mining operations within the region. The Inner Mongolia Autonomous Region has issued a notice requesting a clean up of Bitcoin mining operations within the region. The five departments...

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ASIC mining manufacturer Canaan plans to begin its first mining operation in Kazakhstan.

The NASDAQ-listed ASIC mining manufacturer Canaan Inc. plans to accumulate Bitcoin directly and optimize its revenue streams by expanding...