Bitcoin News Feed
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The Market Has Decided a Recession Is Coming, Says Mad Money’s Jim Cramer
Bitcoin News - 7 February 2023, 3:30 amThe host of Mad Money, Jim Cramer, says the market has already decided that the Federal Reserve “will tighten and create a recession no matter what.” Cramer also recently said that we are in a bull market, advising investors to buy the dip. Jim Cramer on Recession The host of…Read More
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Ark Invest Expects Bitcoin to Become a Multitrillion-Dollar Market — Predicts BTC Price Could Reach $1.48 Million
Bitcoin News - 7 February 2023, 1:30 amInvestment management firm Ark Invest says bitcoin is “likely to scale into a multi-trillion dollar market.” In its new report, the firm offers three bitcoin price predictions, including a bull case where bitcoin could rise to $1.48 million per coin. Ark Invest CEO Cathie Wood sees bitcoin as “an insurance…Read More
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Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts
Bitcoin News - 6 February 2023, 11:30 pmGlobal crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon as possible,” Binance said. Binance Suspending USD Deposits and…Read More
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Former Bitcoin Dev Gavin Andresen Revises 2016 Blog Post, Calls Trust in Craig Wright a ‘Mistake’
Bitcoin News - 6 February 2023, 9:30 pmDuring the first week of Feb. 2023, the United Kingdom Court of Appeal overturned a High Court decision from March 2022 in the case of Craig Wright’s Tulip Trading Limited (TTL) vs. 16 cryptocurrency developers. The case will proceed to trial as Wright, who claims to be Satoshi Nakamoto, stated…Read More
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Ethereum Plans ‘Shapella’ Transition on Zhejiang Testnet — Dev Insists ‘Withdrawals are Coming’
Bitcoin News - 6 February 2023, 7:30 pmEthereum core developers plan to activate the “Shapella” transition through the Zhejiang public testnet on Feb. 7, 2023, according to Tim Beiko of the Ethereum Foundation. If successful, Beiko said the Sepolia testnet could follow two days later, followed by the Goerli testnet. He noted that the testnet has a…Read More
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More Than 7,000 Ordinals Inscriptions Have Already Been Included on the Bitcoin Blockchain
Bitcoin News - 6 February 2023, 5:30 pmOrdinals inscriptions, viewed as a kind of Bitcoin-native NFTs, are picking up steam among some Bitcoin circles, even though the procedures to issue them are far from user-friendly. The protocol, which was unveiled in January, has already served to bring more than 7,000 inscriptions directly to the Bitcoin chain, with…Read More
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Biggest Movers: SHIB Remains Near Recent Highs as Crypto Markets Fall on Monday
Bitcoin News - 6 February 2023, 4:31 pmShiba inu has been relatively stable to start the week, as prices remained close to recent highs, despite Monday’s market sell-off. Cryptocurrencies were mostly lower in today’s session, as markets continued to react to historically low U.S. unemployment figures. Avalanche was down in today’s session, nearing a one-week low. Shiba…Read More
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FTX Debtors Demand Return of Funds Given to US Politicians and Super PACs
Bitcoin News - 6 February 2023, 3:07 pmFTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs) and political figures. Confidential letters have been sent to individuals and organizations, requesting the return of the funds by Feb. 28, 2023. Some bureaucrats, such as Democratic Senators Joe Manchin and Tina Smith,…Read More
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Bitcoin, Ethereum Technical Analysis: BTC Hits 1-Week Low, Bullish Sentiment Fades on Monday
Bitcoin News - 6 February 2023, 1:36 pmBitcoin fell to a seven-day low to start the week, as recent bullish momentum began to wear off in cryptocurrency markets. Friday’s stronger than expected U.S. non-farm payrolls report has made some question the Federal Reserve’s view that inflation has peaked. Ethereum also declined on Monday, however, it remained above…Read More
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Brazilian Fintech Company Capitual Partners With Azimut to Offer Crypto Services in European Markets
Bitcoin News - 6 February 2023, 12:30 pmCapitual, a Brazilian fintech company that offers cryptocurrency intermediation services, has partnered with Azimut, an asset management firm, to expand its service offer to Europe. The deal, which contemplates an investment of €15 million (about $16.2 million), would allow Capitual to start operating in Mexico, where Azimut has significant presence…Read More