Traders Feared the Worst when Bitcoin plunged below $18k
When Bitcoin prices slumped to $17.6k, the number of Google searches on the “death” of Bitcoin spiked to a four-year high.
Bitcoin
Crypto News
Crypto News
General
All Crypto Projects with over $10 Million in Daily Trading Volumes are In Red
According to a coin tracker, there is no crypto project with over $10 million in average daily volume that is outperforming the USD.
Crypto News
General
Billionaire Investor Says the Crypto Winter will Crash “Weak” Projects
Mark Cuban has said stock and crypto companies sustained by cheap money would be exposed and fold during this financial winter.
Bitcoin
Crypto News
Edward Snowden Champions the use of Bitcoin and Crypto
Edward Snowden commented on Bitcoin and crypto utility during the CoinDesk Consensus 2022 conference in Austin, Texas.
Bitcoin
Crypto News
Bitcoin Miners Unload their BTC Reserves on Falling Prices
Falling Bitcoin prices are forcing miners to liquidate their BTC reserves to cover constant operational expenses like electricity costs.
Bitcoin
Crypto News
Despite a Bitcoin Winter, Dominance Is at a 1-Year High
The global crypto market capitalization stands at $1.24 trillion, with Bitcoin dominant, commanding a 46.6 percent market share.
Crypto News
Regulation
Binance Dismisses the $2.35 Billion Money Laundering Claim
Binance has responded to allegations made by Reuters that it helped launder over $2.35 billion of illegal funds over the past five years.
Crypto News
Regulation
U.S. Republican Senator Cynthia Lummis Wants America to Win the Crypto Race
Cynthia Lummis, the Senator from Wyoming, has said she wants America to win by “thoughtfully embracing Bitcoin and digital assets.”
Bitcoin
Crypto News
Analyst: Adoption Rates Don’t Justify Bitcoin Mining High Energy Demands
Most Americans believe that Bitcoin mining is neutral and good for the environment
Bitcoin
Crypto News
The Bitcoin Lightning Network Capacity Is At All-Time Highs
With 3,920.64 BTC, or over $123.6 million, tied to the Bitcoin Lightning Network (LN), the layer-2 capacity is at an all-time high