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Bitcoin Latest News

Bitcoin Latest News

Biden Administration Proposes 30% Tax On Energy Used By Bitcoin Miners

May 3, 2023 - by BtcCasey - Leave a Comment

The Digital Asset Mining Energy excise tax would harm businesses and push innovation out of the United States. The President’s new budget proposal for Fiscal Year 2024 includes the Digital …

Biden Administration Proposes 30% Tax On Energy Used By Bitcoin Miners Read More
Bitcoin Latest News

$24,400 May Be Next Major Level Of Support For Bitcoin, Here’s Why

May 3, 2023 - by - Leave a Comment

Historical data of an on-chain indicator may suggest that the $24,400 level could be a major level of support for Bitcoin right now. Bitcoin STH MVRV Would Hit 1.0 If …

$24,400 May Be Next Major Level Of Support For Bitcoin, Here’s Why Read More
Bitcoin Latest News

First Mover Americas: Bitcoin Layer 2 Stacks Begins May on Top

May 3, 2023 - by - Leave a Comment

The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto …

First Mover Americas: Bitcoin Layer 2 Stacks Begins May on Top Read More
Bitcoin Latest News

Reviving Argentina’s Economy: Dollarization And Bitcoin As Catalysts For Change

May 3, 2023 - by Carlos Cárdenas - Leave a Comment

Many experts have suggested dollarization as a way to save Argentina’s flailing economy, but it needs Bitcoin too. This is an opinion editorial by Carlos Cárdenas, an institutional account manager …

Reviving Argentina’s Economy: Dollarization And Bitcoin As Catalysts For Change Read More
Bitcoin Latest News

Blockstream Developer Neigut Expects ‘Cambrian Explosion’ of Bitcoin Layer 2 Protocols

May 3, 2023 - by - Leave a Comment

Bitcoin already has one of the most diverse layer 2 ecosystems of any network, according to Bitcoin developer Lisa Neigut.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Blockstream Developer Neigut Expects ‘Cambrian Explosion’ of Bitcoin Layer 2 Protocols Read More
Bitcoin Latest News

Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says

May 3, 2023 - by - Leave a Comment

The U.S. dollar has been heavily shorted since early October in hopes for a so-called dovish Fed pivot and looks ripe for a short squeeze, a move higher driven by …

Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says Read More
Bitcoin Latest News

Bitcoin Ordinals Surge to 3M Inscriptions, but Most Are Just Text

May 3, 2023 - by - Leave a Comment

Over $8 million in fees have been paid to the network by inscription creators since their inception.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Bitcoin Ordinals Surge to 3M Inscriptions, but Most Are Just Text Read More
Bitcoin Latest News

Fed Preview: Crypto Observers Believe Bitcoin Rally May Stall if Powell Does not Signal End of Tightening

May 3, 2023 - by - Leave a Comment

We expect that Chair Powell may shy away from being definitive when it comes to a pause which may disappoint the market, one crypto trader said.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto …

Fed Preview: Crypto Observers Believe Bitcoin Rally May Stall if Powell Does not Signal End of Tightening Read More
Bitcoin Latest News

Bitcoin Analysis: How To Prepare For Today’s FOMC Meeting

May 3, 2023 - by - Leave a Comment

Today’s interest rate decision by the U.S. Federal Reserve (Fed) and the following press conference by the Federal Open Market Committee (FOMC) could make up for this year’s most important …

Bitcoin Analysis: How To Prepare For Today’s FOMC Meeting Read More
Bitcoin Latest News

Bitcoin Price Faces Hurdle And Remains At Risk of Additional Losses

May 3, 2023 - by - Leave a Comment

Bitcoin price is correcting losses from the $27,660 zone. BTC is now facing strong resistance near the $28,800 and $29,000 levels. Bitcoin is attempting a fresh increase above the $28,500 …

Bitcoin Price Faces Hurdle And Remains At Risk of Additional Losses Read More

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