Bitcoin News Headlines

Time for India to show some love to Bitcoins? 6 crypto ideas for budget - Economic Times

Central Banks all around the world had been issuing their own cryptocurrencies some of them declared them to be legal tender and the rest took a wait-and-see approach.
Published: Fri, 22 Jan 2021 4:16 am GMT

Bitcoin drop below US$30,000 has traders googling double-spend for answers - South China Morning Post

Online discussions over potential blockchain implications has intensified, with Google searches for Bitcoin double- spend spiking amid the cryptocurrencys slide from record highs.
Published: Fri, 22 Jan 2021 4:09 am GMT
source: www.scmp.com

Bitcoin Price Sees Largest Daily Loss in 10 Months - Yahoo Finance

Bitcoin ended Thursday down 13% amid continued selling.
Published: Fri, 22 Jan 2021 1:10 am GMT

Bitcoin extends slide, heads for worst week since March 2020 - Reuters

Bitcoin fell heavily on Friday and was heading toward its sharpest weekly drop since last March, as worries over its technology and regulation extended a pullback from recent record highs.
Published: Fri, 22 Jan 2021 12:40 am GMT

Leading Crypto Derivatives Exchange Bit.com Set to Launch Bitcoin Cash Options Finance - Bitcoin News

The derivatives exchange by Matrixport, Bit.com, announced the launch of the first bitcoin cash perpetual swaps and options.
Published: Thu, 21 Jan 2021 10:35 pm GMT

Interview: How To Store Your Bitcoin - Bitcoin Magazine

Shift Crypto's Douglas Bakkum joins the "Bitcoin Magazine Podcast" to discuss his inspiration, the BitBox02 and bitcoin cold storage.
Published: Thu, 21 Jan 2021 10:01 pm GMT

90% of these altcoins outperformed Bitcoin recently

Experts often say the altcoins rally with Bitcoin, and even fall with it. On 21 January, Longhash revealed that in the last seven days, 92% of crypto tokens “outperformed Bitcoin.” Bitcoin rallied to new ATHs and has remained over the $30,000 range, which still accounted for less volatility compared to previous rallies. However, with increasing […] Although altcoins performed better than Bitcoin, no crypto would be able to replace Bitcoin, given its large market capitalization.
Published: Thu, 21 Jan 2021 9:30 pm GMT

What's next for Bitcoin $56k or $16k? - FX Empire

If you love Cryptos or not, don't miss out on the opportunities that are setting up in the broader, global market and stock sector ETFs with our BAN strategy.
Published: Thu, 21 Jan 2021 8:50 pm GMT

This early investor just sold his Ethereum stash he hodled for five years

When stories of Bitcoin millionaires began to emerge alongside the asset’s rally, Ether’s users also had a tale or two to share. An anonymous hodler who bought Ether, when it was trading at $2, is apparently “fully out of the game.” The trader who goes by the handle “u/FollowMe22” on Reddit apparently sold Ether recently. […] The unknown hodler, who runs an e-commerce business, claimed to have started buying Ethereum in early 2016 after missing out on Bitcoin.
Published: Thu, 21 Jan 2021 8:30 pm GMT

Bitcoin Cash, Synthetix, Algorand Price Analysis: 21 January

Bitcoin Cash, Synthetix, and Algorand posted losses over the past few hours as Bitcoin saw a wave of selling pressure. The defense of $32,000 for Bitcoin, or the lack of defense, would have a major impact on the altcoin market as well. Bitcoin Cash [BCH] BCH formed a descending triangle pattern (orange) and broke out […] Bitcoin Cash, Synthetix, and Algorand posted losses over the past few hours as Bitcoin saw a drop toward $32,000 and could head lower
Published: Thu, 21 Jan 2021 8:00 pm GMT

Bitcoin Returns to Earth, Down 25% From Peak - TheStreet

Beside gravity, a factor in bitcoin's Thursday drop may be speculation about a double-spend: one person's use of the same token in two transactions.
Published: Thu, 21 Jan 2021 7:05 pm GMT

BitMEX's bitcoin balance has dropped more than 60% since March 2020 - The Block Crypto

Crypto derivatives exchange BitMEX, once the dominant player in the futures market, has lost its number one position in recent months.
Published: Thu, 21 Jan 2021 7:04 pm GMT

Chinese city to issue $3 million in digital Yuan in pilot giveaway

For the third time, China’s southeastern city of Shenzhen will issue the nation’s digital currency as part of an ongoing pilot program to test China’s central bank project among its citizens.  Authorities will giveaway digital currency in the “red envelopes” event, which will be worth 200 yuan (about $31) each, through a random draw. In […] Authorities will giveaway digital currency in "red envelopes," worth 200 yuan (about $31) each, through a random draw.
Published: Thu, 21 Jan 2021 7:00 pm GMT

Will altcoins like XRP, Monero, Zcash see a comeback to pre-2018 levels?

Bitcoin’s dominance is currently at 64.8% in comparison to 2017 in which its dominance was over 68%. The current crypto market cap is well distributed among top altcoins and stablecoins. After the price rallies in the current market cycle, nearly 100% of crypto wallet addresses are profitable. However, the same doesn’t hold true for altcoins […] Bitcoin’s dominance is 64.8% against the 2017 dominance of over 68%. The current crypto market cap is well distributed among top
Published: Thu, 21 Jan 2021 6:30 pm GMT

From stimulus to bitcoin to taxes: A primer on a Janet Yellen-led Treasury - Yahoo Finance

If confirmed, Janet Yellens immediate task will be selling Congress on the Biden administrations $1.9 trillion stimulus package.But the former Fed chair will also have her hands full on a number of other issues.
Published: Thu, 21 Jan 2021 6:10 pm GMT

Litecoin, Dash, FTX Token Price Analysis: 21 January

Litecoin was under short-term bearish pressure and was likely to head toward the $135 level of support over the next few hours. Dash was on the verge of losing $113 as a level of support as it saw a wave of selling pressure rise and FTX Token showed a dip in buying volume, even as […] Litecoin was under short-term bearish pressure and was likely headed toward the $135 level of support over the next few hours
Published: Thu, 21 Jan 2021 6:00 pm GMT

Are institutions not sold on Ethereum yet?

Grayscale Investments have one of the largest total-assets under management in the cryptocurrency industry. With the likes of Bitcoin, Ethereum, and other major assets under their belt, their net AUM on 13th January was reportedly worth close to $25 billion. With GBTC or Grayscale Bitcoin Trust being the most popular among other products, Grayscale’s Ethereum […] While Grayscale has largely popularise exposure to Bitcoin, it has fundamentally helped Bitcoin as well but with Ethereum ETHE, it has been..
Published: Thu, 21 Jan 2021 5:30 pm GMT

Battle for DeFi: Upcoming upgrade to help Kyber Network take on Uniswap

On-chain liquidity protocol, Kyber Network announced a host of improvements to its architecture primarily due to a proposed upgrade to Kyber 3.0, which will transition “Kyber from a single protocol into a hub of purpose-driven liquidity protocols.” According to a blog post, Kyber’s architecture change will be implemented in two phases dubbed Katana and Kaizen, […] Whether Kyber will manage to attract more liquidity and traders after the proposed upgrade will be worth the watch.
Published: Thu, 21 Jan 2021 5:00 pm GMT

Tron, Polkadot, VeChain Price Analysis: 21 January

Thanks to its overwhelming dominance and market share, Bitcoin’s performance on the charts is bound to affect the performance of the market’s altcoins. At press time, the king coin was trading at $34,811 with a trading volume of 40.5 billion. BTC’s insistence on consolidating below the $37,000-mark for most of the week pinched most of […] Once one of the regulars in the crypto-market's top-10, Tron [TRX] was languishing all the way at 19th, at the time of writing....
Published: Thu, 21 Jan 2021 5:00 pm GMT

Bitcoin Price Falls as Some Holders Are Starting to Move It - Barron's

BlackRock to allow 2 of its funds to invest in Bitcoin futures.
Published: Thu, 21 Jan 2021 4:36 pm GMT