Category Archives: Bitcoin

Bitcoin hits one-week low as rising U.S. yields dent rally

FILE PHOTO: A representation of virtual currency Bitcoin and small toy figures are placed on computer motherboard in this illustration taken January 7, 2021. REUTERS/Dado Ruvic SINGAPORE (Reuters) – Cryptocurrencies plunged on Monday, with bitcoin dropping more than 12% to a one-week low as rising U.S. yields lifted the dollar broadly and hurt non-income paying […]

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Bitcoin hits one-week low as rising U.S. yields dent rally

FILE PHOTO: A representation of virtual currency Bitcoin and small toy figures are placed on computer motherboard in this illustration taken January 7, 2021. REUTERS/Dado Ruvic SINGAPORE (Reuters) – Cryptocurrencies plunged on Monday, with bitcoin dropping more than 12% to a one-week low as rising U.S. yields lifted the dollar broadly and hurt non-income paying […]

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Darknet drug dealers have been accused of hiding a Bitcoin stash that’s now worth $16 million. They bought an old fishing boat and a squid permit to conceal their crime, say US attorneys. | Currency News | Financial and Business News

A representation of virtual currency Bitcoin. Dado Ruvic/Reuters A federal judge issued a warrant for seizure for about 392 Bitcoin, valued at about $16 million, which US attorneys said was owned by a group of Darknet drug dealers.  US attorneys said the owners bought a 1974 Triumph fishing boat and a California squid permit to […]

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(GBTC), (ETHE) – Key Metric Indicates Bitcoin Rally Might Be Over For The Time-Being: What You Need To Know

Bitcoin (BTC) may be approaching a local top, according to CryptoQuant CEO Ki Young Ju, who based his analysis on miners selling the cryptocurrency. What Happened: Ki pointed to a metric called Miners’ Position Index (MPI), which is the ratio of all BTC leaving miners to the coin’s one-year moving average.  A value above 2 […]

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After record surge, bitcoin poised for wild weekends, Banking News & Top Stories

LONDON • Bitcoin just notched one of its best weeks on record, surging about 40 per cent over the seven days to last Friday. Anyone expecting the notoriously volatile digital currency to take a breather on weekends had better buckle up. It is on Saturdays and Sundays – when most other assets barely budge – […]

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Mad Money’s Jim Cramer Advises How to Invest in Bitcoin, When to Sell

Mad Money host Jim Cramer has some advice on how to invest in bitcoin and when is a good time to sell. He said, “I’m a bitcoin believer,â€� outlining the reasons why he is sold on the cryptocurrency and why people are buying bitcoin instead of gold. Jim Cramer’s Advice on Investing in Bitcoin Jim […]

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Bitcoin is trading at a spectacular all-time high. Here’s why

Bitcoin has hit a spectacular all-time high, reaching a value of US$41,962.36 ($54,390) last week, more than double the US$20,000 ($25,900) peak of the 2017-18 boom. With the global economy still in crisis, COVID-19 continuing to rage and political chaos in the US, perhaps this is hardly surprising. According to an article from RMIT professor […]

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What is bitcoin halving and will it affect the rate?

Following the Reserve Bank of India’s judgement lifting the ban on cryptocurrency payments, they have gained traction in India. We explain some key concepts in a series of explainers by talking to experts. This time we tell you what is bitcoin halving and how it affects the price of the cryptocurrency. It took four years […]

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Judge orders seizure of Bitcoin from alleged Darknet drug dealers

A federal judge issued a warrant for seizure for about 392 Bitcoin, valued at about $16 million, which US attorneys said was owned by a group of Darknet drug dealers.  US attorneys said the owners bought a 1974 Triumph fishing boat and a California squid permit to “conceal and disguise” drug money.  The value of […]

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