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Month: July 2022

Bitcoin Latest News

Market Wrap: Bitcoin and Other Cryptos Gain for Second Straight Week

July 29, 2022 - by - Leave a Comment

Growth in the U.S. economy slows, the yield curve inverts but markets push higher anyway.Read MoreCoinDesk Bitcoin’s (BTC) finished the week 5% higher, gaining ground for the second consecutive week. …

Market Wrap: Bitcoin and Other Cryptos Gain for Second Straight Week Read More
Bitcoin Latest News

Bitcoin Breaks $24k As Exchange Whale Ratio Declines

July 29, 2022 - by - Leave a Comment

On-chain data shows the Bitcoin exchange whale ratio has declined recently as the crypto surges above the $24k mark. Bitcoin Exchange Whale Ratio (EMA 7) Is Currently Below 0.50 As …

Bitcoin Breaks $24k As Exchange Whale Ratio Declines Read More
Bitcoin Latest News

Why Athletes Are Taking Compensation in Bitcoin

July 29, 2022 - by - Leave a Comment

From UFC to soccer, sportspeople continue to see the attraction of BTC, despite the faltering market. This piece is part of CoinDesk’s “Sports Week.”Read MoreCoinDesk Despite the downturn in the …

Why Athletes Are Taking Compensation in Bitcoin Read More
Bitcoin Latest News

‘My Bet Is on Bitcoin,’ Pro Soccer Player Says

July 29, 2022 - by - Leave a Comment

Alex Crognale of the Birmingham Legion of the USL Championship league sees the digital asset as a way to store his wealth.Read MoreCoinDesk Alex Crognale has no plans to sell …

‘My Bet Is on Bitcoin,’ Pro Soccer Player Says Read More
Bitcoin Latest News

Impressive Rally Puts Bitcoin Above $24,000, But Is $28,000 Still Possible?

July 29, 2022 - by - Leave a Comment

Bitcoin has rallied once more above $24,000. This impressive rally follows an intense week where the FOMC’s announcement has basically shown that the United States is now in a recession. …

Impressive Rally Puts Bitcoin Above $24,000, But Is $28,000 Still Possible? Read More
Bitcoin Latest News

Bitcoin Flirts With Hurdle At $24k, Why It Could Be In Early Days Of Recovery

July 29, 2022 - by - Leave a Comment

Bitcoin continues to trend to the upside over the short term as the crypto market hints at further gains. The bullish momentum seems to be driven by the positive earnings …

Bitcoin Flirts With Hurdle At $24k, Why It Could Be In Early Days Of Recovery Read More
Bitcoin Latest News

Bitcoin Exchange FTX Wins Full Approval To Operate In Dubai

July 29, 2022 - by Shawn Amick - Leave a Comment

The company will build a headquarters in Dubai to operate exchange and clearinghouse services for bitcoin and cryptocurrencies through a subsidiary. FTX exchange received approval to operate exchange and clearinghouse …

Bitcoin Exchange FTX Wins Full Approval To Operate In Dubai Read More
Bitcoin Latest News

Africa Is Poised For A Bitcoin Mining Boon

July 29, 2022 - by Zack Voell - Leave a Comment

Surging general interest in Bitcoin, ideal energy sources and other facts make Africa an ideal region for growing bitcoin mining operations. Mining headlines are typically filled with mentions of North …

Africa Is Poised For A Bitcoin Mining Boon Read More
Bitcoin Latest News

Babel Finance Loses $280 Million, 8,000 BTC Of Customer Funds: Report

July 29, 2022 - by Shawn Amick - Leave a Comment

A report cites a restructuring deck where Babel details unhedged ‘risky’ trading practices leading to mass liquidations which require massive debt to recover. Babel Finance lost $280 million of customer …

Babel Finance Loses $280 Million, 8,000 BTC Of Customer Funds: Report Read More
Bitcoin Latest News

Bitcoin ASIC Maker Canaan To Launch U.S. Mining Operations

July 29, 2022 - by Shawn Amick - Leave a Comment

A Canaan executive detailed the success of its pilot mining operations in Kazakhstan and shared plans to expand its operations to the U.S. in an interview. ASIC manufacturer Canaan is …

Bitcoin ASIC Maker Canaan To Launch U.S. Mining Operations Read More

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