Bitcoin News

The weekend selling in the crypto market occurred despite a number of recent optimistic forecasts predicting everything from a bottoming out to an expected break in the correlation between crypto and traditional assets.

Bitcoin price traded below USD 21,000. Ethereum is struggling below USD 1,200, XRP is down over 5%. XTZ and CHZ are the best performers today.

Bitcoin price is trading in a key range below the USD 44,400 resistance. Ethereum is facing resistance near USD 3,050, XRP is stuck between USD 0.9 and USD 1. VET, QTUM, and OMG are up over 11%.

A rising number of central banks globally have the legal authority to issue central bank digital currencies (CBDCs), and, compared with a year earlier, the share of central banks which are currently developing a CBDC or running a pilot nearly doubled from 14% to 26%, according to a new report by the Bank for International Settlements (BIS)

A Hamilton youngster has been arrested for alleged involvement in the theft of over USD 36.5m worth of digital assets - the biggest theft reported by one person.

Despite Russia launching a full-scale invasion of Ukraine, the war’s outbreak has not yet convinced the European Union to push for the aggressor to be kicked out of the Society for Worldwide Interbank Financial Telecommunication (SWIFT) global payments network -- a move that would drastically undermine Russian trade with foreign partners.

Bitcoin (BTC) has outperformed Ethereum (ETH) in terms of the daily transferred value, reaching USD 14.58bn per day, compared to Ethereum's USD 13.96 per day.

Bitcoin price could rally if it settles above the USD 38,000 resistance. Ethereum is aiming for more gains above USD 2,800, XRP is stuck below 1.10. OKB and KSM are up by 25%.

Massively popular Canadian rapper Drake has profited USD 300,000 from his three bets cumulatively worth USD 1.26m worth of bitcoin (BTC), on the Super Bowl match between the Los Angeles Rams (LA Rams) and the Cincinnati Bengals.

Bitcoin price failed to clear USD 48,000 and declined 5%. Ethereum traded below USD 3,250, XRP spiked below USD 0.80. Multiple altcoins are down over 5% while WAVES is up 8%.