113 / 391 Relevant items tagged with #Bitcoin
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US Lawmaker Pushes Bill to Allow Bitcoin Payments for Federal Income Taxes, Citing El Salvador’s Success
[Jun 26 2:30 PM] U.S. Congressman Matt Gaetz has introduced a bill to allow federal income taxes to be paid with bitcoin. Inspired by El Salvador’s success with the cryptocurrency, the lawmaker believes this move will modernize the U.S. tax system, promote…
Bitcoin price wobbles at $61K as US gov sends 4K BTC to Coinbase
[Jun 26 1:20 PM] Bitcoin attempts to digest news that the U.S. government has joined Germany in selling off a portion of its BTC holdings.
Bitcoin Crash Not Done: CoinShares Analyst Predicts ‘True Correction’ Amid Outflows
[Jun 26 1:00 PM] Bitcoin-based crypto investments have witnessed another week of outflow in what was an unpleasant week for Bitcoin and other cryptocurrencies. Bitcoin investors, in particular, were disappointed as they watched the price of the world’s biggest…
Price analysis 6/26: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, SHIB, AVAX
[Jun 26 12:45 PM] Bitcoin is likely to extend its stay inside the range as traders buy the dips under $60,000.
Bitcoin Falls After U.S. Sends $240M Worth of Silk Road-Related BTC to Coinbase
[Jun 26 11:40 AM] The bitcoin was seized from Silk Road vendor.
Bitcoin In Red, Analyst Predicts A 40% Drop To $48,000 Before Recovery
[Jun 26 11:30 AM] Bitcoin is roughly 20% from all-time highs, and risks are trending lower, breaking from the current consolidation. After peaking in mid-March, bulls are yet to build enough momentum and overcome the roadblock at $72,000. Will Bitcoin Fall To…
Bitcoin Selloff: German Gov’t Offloads Another $67 Million As Price Wobbles
[Jun 26 10:00 AM] In a continued effort to liquidate its substantial Bitcoin holdings, the German government has once again engaged in significant transactions involving BTC, according to data from blockchain analytics platforms Arkham Intel. This morning, the…
What is a Bitcoin-backed loan, and how to get one?
[Jun 26 6:54 AM] Bitcoin-backed loans use cryptocurrency holdings as collateral, offering borrowers access to cash while retaining ownership of their Bitcoin.
Bitcoin Technical Analysis: Inverse Head and Shoulders Pattern Suggests Bullish Reversal
[Jun 26 6:21 AM] On Wednesday, via the 1-hour chart, bitcoin is forming a potential inverse head and shoulders pattern around the $61,500 level. If confirmed by a breakout above $62,000, this could signal a bullish reversal. Additionally, the 4-hour chart reveals a…
First Mover Americas: Germany Moves 750 BTC, Altcoins Bleed Liquidity
[Jun 26 6:00 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Anonymous Donor Pays $500,000 in Bitcoin for Julian Assange's Freedom Flight
[Jun 26 5:31 AM] An anonymous Bitcoin donor has paid over $500,000 in BTC to cover WikiLeaks founder Julian Assange's expenses for his flight home to Australia. Assange is now a free man after pleading guilty in a US court under a deal ending his 14-year legal…
Bitcoin Rejection At $62,498 Signals Bearish Dominance, Here Are Possible Outcomes
[Jun 26 5:30 AM] Bitcoin recently faced a significant rejection at the $62,498 resistance level, underscoring the prevailing bearish dominance in the market. This failure to break through a critical threshold highlights the strength of selling pressure and raises…
Fact Or Fantasy? Decoding The Bitcoin Rainbow Chart’s $250,000 Prediction
[Jun 26 4:00 AM] Bitcoin, the undisputed king of cryptocurrencies, faces a challenge as it approaches a critical moment. After a stellar run in the first half of 2024, breaking past the crucial $71,000 barrier, the digital gold has retreated, currently hovering…
Strike Expands Bitcoin and Lightning Services to the UK
[Jun 26 3:13 AM] Strike has announced its expansion into the United Kingdom. This move allows individuals and businesses in the UK to access Strike’s suite of Bitcoin and Lightning Network services. The features include buying, selling, sending, and…
Here’s Why The Bitcoin Bottom Is In, New Highs Imminent: Crypto Expert
[Jun 26 2:30 AM] Crypto expert Duncan (@FloodCapital) recently expressed a strong conviction that Bitcoin has reached its market bottom and is poised for new all-time highs. His analysis, shared on X (formerly Twitter), provides a detailed examination of the…
Bitcoin price must end June above $56.5K to defend uptrend — Analysis
[Jun 26 2:10 AM] A deluge of potential BTC price volatility triggers is due this week, and Bitcoin market participants are eyeing the most crucial support zone to hold.
Renewed Bullishness Expected After Bitcoin, Ether's $10B Options Expiry on Friday
[Jun 26 1:11 AM] Over 25% of options are set to expire "in the money," Deribit's Luuk Strijers told CoinDesk.
Spot Bitcoin ETFs See 7 Consecutive Days Of Outflows, Here’s What Happened Last Time
[Jun 25 9:30 PM] Spot Bitcoin ETFs have entered another disturbing trend, recording outflows for one week straight. These outflows have coincided with the decline in the Bitcoin price, suggesting that the sell-offs may be directly linked to institutional sell-offs…
Bitcoin Price Reaches Rejection Zone: Can It Overcome the Resistance?
[Jun 25 8:41 PM] Bitcoin price recovered above the $62,000 resistance zone. BTC must clear the $62,500 resistance zone to continue higher in the near term. Bitcoin started a recovery wave above the $61,500 and $62,000 levels. The price is trading below $63,000 and…
Peter Schiff Predicts Further Bitcoin Plunge Ahead of Mt Gox Payouts — Declares BTC in Official Bear Market
Will Bitcoin Have A ‘Red Monday, Green Week’? Analyst Sets $63,500 Target
[Jun 25 3:30 PM] Bitcoin (BTC) faced a sharp price drop as the last week of Q2 began. The dramatic decline saw the flagship cryptocurrency momentarily lose its support above the $60,000 level on Monday. The drop left many investors wondering whether the bullish…
Bitcoin’s Correction Is Not Done: $54K Could Be On The Horizon, Says Top Analyst
[Jun 25 1:00 PM] Recent trends in the Bitcoin market have shown a significant flushing out of leverage, a process commented on by prominent crypto analyst Willy Woo. While this corrective phase has seen Bitcoin’s price fall to as low as $58,000 yesterday, it…
Analysis of Long-Term ‘Diamond Hand’ Bitcoin Holders Reveals Market Insights: Glassnode
[Jun 25 12:40 PM] Recent data from Glassnode provides a detailed analysis of bitcoin’s long-term holders (LTH) and their impact on the cryptocurrency market. In the latest onchain report, researchers highlight key metrics and behaviors of LTHs to understand…
Congressman Matt Gaetz Introduces Bill to Allow Federal Income Tax Payments in Bitcoin
[Jun 25 10:01 AM] Congressman Matt Gaetz (R-FL) has introduced legislation to allow federal income tax payments to be made in Bitcoin. Exclusively reported first by the Daily Wire, this bill aims to amend the Internal Revenue Code of 1986, instructing the Treasury…
Crypto Research Firm Says Bitcoin Crash Below $60,000 May Not Be The End, Here’s Why
[Jun 25 9:30 AM] Bitcoin dropped to as low as $60,000 in the last 24 hours, and although the flagship crypto has reclaimed that level, crypto research firm 10x Research predicts that BTC can still go lower soon enough. The firm also outlined several factors that…
Bitcoin taps $62K as 6% BTC price rebound runs into stubborn US dollar
[Jun 25 9:18 AM] BTC price recovers from seven-week lows, but Bitcoin is not the only asset attempting to break higher.
Latin America's Largest Fintech Bank Integrates Bitcoin Lightning Payments Via Lightspark
[Jun 25 9:00 AM] Nu Holdings, known as Nubank, Latin America's largest fintech bank, has partnered with Lightspark to integrate the Bitcoin Lightning Network and UMA (Universal Money Addresses) into its platform. This collaboration aims to enhance Nubank's services…
From $3 Billion to $2.83 Billion: German Government Transfers Another Cache of Bitcoin
[Jun 25 8:23 AM] According to data from Arkham Intelligence, since Jun. 23, 2024, the German government has moved 820 BTC, valued at slightly above $50 million. A substantial portion of these funds was directed to the centralized cryptocurrency exchanges Kraken and…
German Government Moves Millions in Bitcoin to Exchanges
[Jun 25 6:47 AM] The German government has transferred millions in seized Bitcoin to major Bitcoin and crypto exchanges Kraken and Coinbase, according to blockchain analysis firm Arkham.The transfers originated from a wallet connected to the German Federal Criminal…