CPI report may show uptick in US inflation — How will Bitcoin price react?

by webwriter | Aug 8, 2023 | Bitcoin News

The S&P 500 index is currently trading only 6% below its all-time high, which was reached in January 202. Traditionally, such a situation would be seen as a bullish sign for risk-on assets, including commodities and cryptocurrencies, but this time, it appears that...

Use crypto to buy sim cards in 140 countries with Bitrefill

by webwriter | Aug 8, 2023 | Bitcoin News

A partnership between crypto e-commerce platform Bitrefill and eSIM Go enables crypto users to buy eSIMs in 140 countries worldwide.Crypto advocates can now swap crypto for data at the checkout, using Bitcoin (BTC), the Bitcoin Lightning Network, Ether(ETH) and...

China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express – Cointelegraph Magazine

by webwriter | Aug 8, 2023 | Bitcoin News

Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese man’s $10M loss as court says Bitcoin lending not protected by law A man in China’s Jiangsu province, identified as Mr. Xu, appears to be out of luck after a court...

Buffett and Ackman take opposing sides on Treasury yields — What does it mean for Bitcoin?

by webwriter | Aug 7, 2023 | Bitcoin News

Warren Buffett and Bill Ackman are two of the most successful investors in the world, but they have taken opposing views on the bond market in recent months.Only one can be right. Billionaire investor Bill Ackman says he is shorting US Treasuries. if long-term...

Crypto-centered public companies record profit beating Q2 estimates

by webwriter | Aug 7, 2023 | Bitcoin News

A number of crypto-centred public companies released their quarterly earnings report over the past couple of weeks, sharing increased revenue and a jump in profits across the board. The majority of these crypto firms benefited from the rise in prices of the crypto...

SHIB, UNI, OKB and HBAR flash bullish signs as Bitcoin volatility hits record low

by webwriter | Aug 6, 2023 | Bitcoin News

Bitcoin (BTC) continued its boring price action over the weekend, indicating that the bulls and the bears are not waging large bets as they are uncertain about the next directional move. Nevertheless, traders should continue to keep a close watch because a period of...