Bitcoin and Ethereum bulls keep fighting the fight, Arweave (AR) soars on Meta integration

Bitcoin bulls have a fight on their hands to keep the world's largest cryptocurrency above the US$20,000 support line. So far so good, but having dipped a further 0.8% to US$20,300 in the past 24 hours, nothing is a given.

Timeline of Arweave, Bitcoin, Ethereum

After seizing 194,775 BTC during the infamous PlusToken scam, the Chinese government now owns more Bitcoin than MicroStrategy. About $3.9 billion is the total market value of the Bitcoin holdings.

As the first and primary cryptocurrency to exist, Bitcoin has witnessed different reactions and predictions in the industry. Its advancement over the past years has been above the growth of conventional assets.

Yesterday's FOMC meeting of the U.S. Federal Reserve (FED) brought less volatility to the Bitcoin market than many experts had expected. The Bitcoin price moved in a narrow range during and after the meeting.

The Chinese government currently has more Bitcoin holdings than MicroStrategy as a result of the funds it seized from the PlusToken Ponzi scheme. The post Chinese Gov Bitcoin Holdings Outrank MicroStrategy Despite Crypto Ban appeared first on BeInCrypto.

Bitcoin, Ethereum, and the entire crypto market is often prone to price fluctuations. That's why crypto investors must carefully monitor the market movement to avoid huge losses when prices are low.

Bitcoin price witnessed a correction after the Fed hiked interest rates by another 75 bps, but the BTC price held strongly over $20K. Interestingly, the BTC price has rallied two times from the $20,080 level in a week, making a double bottom.

While most altcoins struggle in light of the bearish cryptocurrency market, Polygon (CRYPTO: MATIC) has been outperforming the apex Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and even Elon Musk's favorite Dogecoin (CRYPTO: DOGE). What Happened: MATIC is up by 9.50% in the last 24 hours, trading at $0.97 at the time of writing, according to data from Benzinga Pro.

One of the biggest universal banks in the Philippines, The Union Bank of the Philippines, or simply UnionBank, said on Nov. 2 that it has begun a pilot program for Bitcoin custody and trading services for a small group of retail clients. UnionBank went online on Harmonize, a digital asset platform developed by Metaco, a The post Just In: Phillipines' Largest Consumer Bank Launches Bitcoin Trading appeared first on CoinGape.

All of the top 10 cryptocurrencies by market capitalization, excluding stablecoins, including bitcoin and ether, experienced declines in Thursday morning trade as a result of the U.S. On Wednesday, the Federal Reserve announced its fourth straight rate increase of 75 basis points.

Amid the Bitcoin price crash and rising energy costs this year, Bitcoin miners are having a very tough time. Last week, public-listed Bitcoin miner Core Scientific (NASDAQ: CORZ) announced chances of potential bankruptcy very soon.