Tag: Bitcoin

Bitcoin DeFi is perfect for crypto adoption

boss

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. With Bitcoin (BTC) recently smashing through its long-held $70,000 ceiling after four and a half months, it is fast becoming evident that the digital asset market is in the wake of another major transformation (as well as another bull run). Amid these developments, Bitcoin DeFi—also known as BTCFi—has emerged as a technological frontier connecting traditional finance entities with the crypto ecosystem, paving the way for mainstream adoption. …

Where the Demand Comes From as the Bitcoin (BTC) Price Breaks Tops $82K: Van Straten

boss

Zooming out over the past three years, it’s apparent that when Coinbase CVD spikes, it tends to be near local highs and lows. In March, one of the highest CVD levels occurred as bitcoin broke its then-record high above $73,000. There were also high levels near cycle lows around the Luna and FTX collapse in 2022, which shows smart money buying near the bottom and others buying near the top. Original

PayPal-backed Mesh teams up with Reown to verify Bitcoin wallets for Travel Rule

boss

Connectivity layer Mesh has entered into a partnership with Reown for wallet ownership verification, beginning with the Bitcoin ecosystem. Mesh, a U.S. fintech whose investors include PayPal Ventures, has joined forces with Reown (formerly WalletConnect) to launch wallet ownership verification for UTXO-based assets, beginning with Bitcoin (BTC). In a Nov. 11 press release, Mesh said the wallet ownership feature enhances functionality and addresses the “need to comply with the European Banking Authority’s Travel Rule Guidelines,” which are set to take effect on Dec. 30. “Compliance with the Travel Rule can…

Bitcoin Surges Past $82,000, Setting New All-Time High

boss

Bitcoin has crossed the $82,000 mark, setting a new all-time high and capturing the attention of investors and analysts alike. Surpassing its previous peak above the $81K range, this milestone highlights bitcoin’s enduring appeal amid renewed interest in digital assets. Bitcoin Skyrockets to $82,000 Current bitcoin (BTC) market indicators continue to signal strength, with the […] Original

Bitcoin hits new ATH surpassing $1.6T market cap

boss

Bitcoin has been hitting new all-time highs over the past week as the crypto market recorded strong bullish sentiment after GOP candidate Donald Trump won the U.S. presidential elections. Bitcoin (BTC) gained 18% over the past week and is up 3% in the past 24 hours. The leading cryptocurrency reached an ATH of $81,858 earlier today — currently trading at $81,000 following a mild correction. BTC price | Source: crypto.news Thanks to the consistent gains, the BTC market cap surpassed the $1.6 trillion mark. Its daily trading volume also doubled,…

Bitcoin Price Hits $80K Mark: The Crypto Bull Run Continues

boss

Bitcoin price is up over 5% and trading above $80,000. BTC is rising and might aim for a move above the $82,000 resistance zone in the near term. Bitcoin started a fresh surge above the $78,500 zone. The price is trading above $80,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $80,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise above the $81,500 resistance zone. Bitcoin Price Sets Another ATH…