Emirates Airline to accept bitcoin as payment method: Arab News

Dubai-based airline Emirates will "employ bitcoin as a payment service" as part of a push toward embracing blockchain and metaverse projects. The post Emirates Airline to accept bitcoin as payment method: Arab News appeared first on The Block.

Timeline of Bitcoin

Bitcoin price analysis is bearish today as we expect another drop lower to follow after a retracement of over 20 percent. Therefore, another lower high is set, and BTC/USD is ready to drop further again.

In a recent court ruling, the Shanghai High People's Court has affirmed Bitcoin to be a legal, virtual property with economic value and subject to property rights.  Court Ruling Assigns BTC With Property Rights The ruling was in the context of an October 2020 lawsuit case filed in the Shanghai Baoshan District People's Court, where the plaintiff Cheng Mou demanded that the defendant Shi Moumou return the 1 BTC that the latter had borrowed from the former.

Bitcoin has now started another recovery trend that has seen it mark its position above $30,000 once more. This is a welcome development after the market had seen various crashes that have sent investors into a panic.

Amid Terra's collapse, over $1.2 billion in bitcoin reserves remains unaccounted for by Luna Foundation Guard. The post Over $1.2 billion in bitcoin reserves remains unaccounted for by Luna Foundation Guard appeared first on The Block.

The working week is set to end on a green day, with $113 billion of capital flowing back into the total crypto market cap over the last 24-hours. The post Relief rally: Crypto inflows top $110B as Bitcoin recaptures $30K appeared first on CryptoSlate.

The price of Bitcoin rose more than 6% on Friday morning as bulls battled to break above $30,000. The flagship crypto, battered this week to lows of $25,400 on some exchanges amid the Terra (LUNA) and UST chaos, even came close to breaching resistance at $31,000. At the time of writing, though, BTC/USD is trading The post Bitcoin price: Analysts' outlook as BTC bounces above $30K appeared first on Invezz.

The Bitcoin market is a place of constant clash between bulls and bears. Often, these animals take the form of short-term and long-term holders who are constantly trading coins with each other.

Ex-Meta executive David Marcus will launch a Bitcoin-focused startup after leaving Diem a few months ago so let's read more today in our latest crypto news. The ex-Meta executive is setting his sight on BTC-related projects so Marcus announced the launch of Lightspark which aims to expand the utility and the capabilities of BTC.

Suffering the effect of the current bloodbath in the crypto market, Bitcoin's (BTC) price on May 12 hit its lowest valuation of $26,350 since December 2020. The ongoing bearish trend has remarkable similarity with the previous mid-season bearish trend that lasted from May to June 2021.

Bitcoin (BTC/USD) remained extremely pressured early in the Asian session as the pair struggled to test the psychologically-important 30000 figure after traded as low as the 25338.53 area, its weakest print since the last few trading sessions of 2020.  Stops were elected below many downside price objectives during the ongoing descent, including the 30435, 29645, 28927, and 28426 areas, downside price objectives related to selling pressure that intensified around the 47469, 47200, and 48240 areas.