Saving the market: Binance Bitcoin reserves are overinsured
Image courtesy of Binance Twitter page Mazars reports on Binance Bitcoin reserves and declared oversecurity. Binance’s audits are fake, unofficial and more worthless than Tether’s report...
Tagged: bitcoin
US Senator Lummis: Seems ‘Bitcoin is the only thing that will qualify as a commodity’
On Wednesday (December 7, 2022), US Senator Cynthia Lummis (R-WY) said during an interview that Ethereum ($ETH) may be called a security by the US Securities...
Upswing in VIX Signals Doom For Bitcoin; Friday will be decisive
As NewsBTC reported, the VIX experienced a trend reversal last Friday, which could be significant for Bitcoin as well. The VIX volatility index shows traders the...
Incoming Bitcoin (BTC) Price Dump? On-Chain Data Reveals Bottom
Bitcoin (BTC) price failed to hold above $17k and fell to the support near $16,500 again. The BTC price remains under pressure as the risk of...
GBTC ‘elevator to hell’ sees Bitcoin spot price approaching 100% premium
Bitcoin (BTC) investment vehicle, Grayscale Bitcoin Trust (GBTC), is trading close to 50% below the BTC price on spot markets. Data from the on-chain analytics platform...
Bitcoin, Ethereum, Litecoin Price Analysis
Bitcoin Analysis Bitcoin’s price took a step back on Wednesday and when traders ended the daily session, BTC’s price was -$252. The first chart we look...
Why This ‘Short Bitcoin’ ETF Is Down 1.13% Despite BTC Falling 21%
BITI has returned -1.13% since launch despite BTC falling by around 21%. The first “short” fund, ProShares’ ProShares Short Bitcoin Strategy ETF (NYSE: ), is down...
Samsung tries its way to Bitcoin ETF
Samsung asset management and ETFs have a history that goes back a long way. The investment arm of the Korean communications house has always tried to...
Dogeliens is looking to show strength amid Bitcoin and Crypto Market Dump
by IndustryTrends 8 December 2022 Following the news of FTX’s insolvency and the suspected breach, the cryptocurrency market continues to lose billions of dollars. The cryptocurrency...
Best cryptocurrencies to use in online casinos besides Bitcoin
of market trends 8 December 2022 When we talk about playing casino games at crypto casinos, it is difficult to compete with Bitcoin as the most...