Bitcoin News
Crypto Spiral Halted as US Fed Increases Rate for First Time in 28 Years
The US Federal Reserve (Fed) has raised interest rates by 75 basis points, the biggest rate hike since 1994, as part of an ongoing effort to...
Rare On-Chain Metric Demonstrates We’re in the ‘Darkest Phase of the Bear’
In its latest report, on-chain analytics firm Glassnode indicates that after closing negative for 10 out of the prior 11 weeks, Bitcoin has ...
Crypto Markets Shed $100 Billion Amid Highest US CPI Print in 40 Years
Bitcoin and other cryptocurrencies took a major tumble this past weekend, accelerating into the week, following the release of the latest of...
Jack Dorsey Releases ‘Web5’ Based on the Bitcoin Blockchain
TBD, a Bitcoin-focused business unit of Jack Dorsey’s company, Block, has launched “Web5”, or what it calls an “extr...
Short-Term BTC Holders Underwater with Only 2.2% in Profit: Glassnode Report
In its latest report, on-chain analytics company Glassnode has revealed that the vast majority of short-term bitcoin holders are in the red,...
Gold Coast Mayor Open to Rates Being Paid in Crypto
In a clear signal to younger ratepayers, former businessman and current mayor of Australia’s City of Gold Coast, Tom Tate, has su...
Ray Dalio Warns of 1930s-Style Currency Devaluation
Billionaire hedge fund manager and crypto advocate Ray Dalio, who claimed to own some Bitcoin, has warned about a 1930s-style currency deval...
Crypto Updates from the World Economic Forum Conference
Despite previous displays of disdain for the sector, cryptocurrencies have featured prominently in this year’s edition of the World Ec...
Stripe and OpenNode Join Forces to Bring BTC Payments to Millions of Merchants
Stripe, one of the world’s largest payment processors, is partnering with OpenNode to allow instant fiat-to-bitcoin conversions for a ...
Central African Republic Teases ‘Project Sango’ Creating Crypto Hub
Just a month after making Bitcoin legal tender, the Central African Republic (CAR) is teasing another crypto initiative dubbed ‘Projec...
Why Bill Gates Won’t Invest in Crypto: ‘It Has No Valuable Output’
Bill Gates, co-founder of Microsoft and the world’s fourth-richest man, has told a Reddit AMA (Ask Me Anything) session why he doesn&#...
Bitcoin Enters Record 8th Week in the Red
To the disappointment of investors, Bitcoin has logged its eighth red candle, setting a record for the currency. According to data graphed b...