Tag: Bitcoin
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PayPal Embraces Crypto: Holding Over Half a Billion in Bitcoin, Ethereum, Litecoin, and Bitcoin Cash!
Cryptocurrency Investment via PayPal After adopting the cryptocurrency business two years ago, PayPal, a prominent worldwide payments corporation, has continued to engage with cryptocurrencies. The business enables its customers to purchase, store, and transfer digital currency to external wallets. Holdings in Bitcoin According to the most recent Form 10-K filed to the U.S. Securities and […]
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Bitcoin Market at a Crossroads: SOPR Approaching Key Bull-Bear Junction
Imminent Retest of the Bull-Bear Junction in the Bitcoin SOPR How Important the SOPR Is Recently, a crypto researcher revealed that the SOPR, a significant indicator in the Bitcoin market, is approaching the value of 1. The SOPR serves as a gauge to show if the typical Bitcoin investor is now turning a profit or […]
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Crypto Market Bleeds: Will Bitcoin Find Its Way to $24k Resistance?
King of Crypto Survives Uncertain Times The current market leader Bitcoin has suffered as a result of a ripple effect in the cryptocurrency market. Analysts are nevertheless upbeat about the digital asset’s long-term prospects. Global economic factors’ effects The consequences of the recent economic turmoil were also felt by the European stock market, which shows […]
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Bitcoin (BTC) and other cryptocurrencies worth $220 million were liquidated on day two of losses.
Every trade and investment has risk, therefore you should always do your own research before making a choice. Bitcoin accounted for $52.54 million of the $222.56 million in crypto assets that were liquidated in the past day, according to CoinGlass. Over the last day, Ethereum had a larger value liquidation of $53.19 million due to […]
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Return Of The Bitcoin Bear Market Or A Minor Correction? Here is what is happening.
There is a lot of uncertainty right now, particularly in the Bitcoin market, as a result of yesterday’s announcement that one of the biggest US exchanges, Kraken, will have to pay a $30 million fine to the US Securities and Exchange Commission and shut down its crypto-staking product for US consumers. In the aftermath of […]
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As the price drops, Bitcoin sentiment returns to neutral.
The fear and greed index for bitcoin now indicates a “Neutral” sentiment. An indicator that provides information about investor attitude in the Bitcoin market is the “fear and greed index.” All readings over the 50-point threshold signal that the market is now greedy, while readings below it imply that investors are scared. The border values […]
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Bitcoin Takes a Tumble: AI Predicts Valentine’s Day Price Amidst SEC Turmoil
BTC Price Declines Following SEC and Kraken Settlement With reference to Bitcoin’s performance following the U.S. Securities and Exchange Commission’s (SEC) announcement of a settlement with cryptocurrency exchange Kraken, CoinUnited News has examined recent events in the cryptocurrency market. The price of Bitcoin fell as a result of this settlement for suspected breaches of securities […]
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LocalBitcoins, a Bitcoin Exchange, Completes a 10-Year Bitcoin Haul
One of the oldest Bitcoin exchanges, LocalBitcoins, located in Finland, announced on Monday that it was permanently ceasing business in the cryptocurrency market. Due to its incapacity to endure and overcome the difficulties of current crypto-winter, LocalBitcoins will end its 10-year-old Bitcoin trading business. Significantly, all Bitcoin wallet and trading services will be discontinued on […]
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An Ancient Bitcoin Whale Transacts $9,600,000 in BTC at a Profit of 181,204%
The address, which was last used in October 2012, just sent 412 Bitcoin worth more than $9.5 million, according to BitInfoCharts. When the wallet was built on October 1, 2012, the price of BTC was around $12.50. At the time of writing, that BTC was worth $22,663 and is presently making 181,204% profit. The long-inactive […]
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Bitcoin Prices Today: Back To The 21k Level, Ethereum Drops By 5.17%
Cryptocurrency Prices Today: Panic erupted in the larger cryptocurrency market as the SEC accused the California-based Kraken crypto exchange of providing an unregistered crypto staking program, alleging a violation of U.S. securities law. As of this writing, Bitcoin has decreased by 3.54% during the last 24 hours, returning to the 21k level. A steep 5.17% […]