Bitcoin news – live: BTC price steady but crypto experts predict ‘$10 trillion earthquake’ – Yahoo Finance UK

Hashrates for the bitcoin network hit 248.11 million tera hashes per second over the weekend

The price of bitcoin has seen a steady start to the week, though some crypto analysts have predicted a volatile few weeks ahead.
After a strong start to February, which saw the cryptocurrency recover from six-month lows at the beginning of 2022, BTC has settled in the $41,000 to $45,000 range.
Other leading cryptocurrencies have also been relatively stable, with Ethereum (ETH), Binance Coin (BNB) and Cardano (ADA) all shifting by less than 1 per cent on Monday.
This period of calm could soon be disrupted after reports emerged that BlackRock, the world’s largest asset manager, is planning to offer crypto trading to its clients.
Forbes commentator Billy Bambrough described the potential arrival of BlackRock into the crypto space as a “$10 trillion earthquake”, which could herald a new era of price volatility and record market movements.
You can follow all the latest news, market analysis and expert price predictions right here.
Crypto market set for '$10 trillion earthquake’
21:02 , Anthony Cuthbertson
Coinbase was unprepared for the huge rush of visitors to its app following the airing of a Super Bowl ad, which offered $15 in bitcoin to anyone signing up before 15 February.
The app saw more than 20 million hits in one minute, six-times higher than previous benchmarks, causing the website and app to crash.
“We just saw more traffic than we’ve ever encountered, but our teams pulled together and only had to throttle for a few minutes,” Surojit Chatterjee, Coinbase’s chief product officer, wrote on Twitter.
The outage caused the share price of the largest publicly listed crypto exchange to drop by a few per cent, from which it is still yet to properly recover.
19:55 , Anthony Cuthbertson
Bitcoin’s quiet start to the week may not last long, according to some crypto market commentators, if reports about BlackRock are to be believed.
The world’s largest asset manager, which handles over $10 trillion in assets for institutions, is planning to enter the cryptocurrency space, according to CoinDesk.
Such a move would cause massive price volatility, with Forbes’ Billy Bambrough describing it as a “$10 trillion earthquake”.
He writes: “One of BlackRock’s funds bought bitcoin futures and just last month the asset manager filed for an exchange-traded fund (ETF) that would hold blockchain and crypto companies. Through 2021 other Wall Street giants have begun exploring bitcoin and cryptocurrencies amid increasing demand from their clients… Bitcoin and cryptocurrency acceptance on Wall Street was bolstered by the launch of the first U.S. bitcoin futures ETF in October last year and corporate adoption of bitcoin and crypto is slowly increasing.”
19:49 , Anthony Cuthbertson
to The Independent’s live coverage of the crypto market. We’ll be bringing you all the latest news and updates from bitcoin, Ethereum and other leading cryptocurrencies, as well as analysis from industry insiders and expert price predictions.
Elon Musk, the world’s richest man, is a renowned cryptocurrency enthusiast. What does having a Bitcoin bull as CEO mean for the Tesla share price? The post What do Elon Musk’s bullish views on Bitcoin mean for the Tesla share price? appeared first on The Motley Fool UK.
Donald Trump's longtime accounting firm has cut ties with the former US president – saying a decade of annual financial statements it prepared for the Trump Organization can no longer be replied upon. The "statements of financial condition", which Mr Trump used to secure loans, form part of two law enforcement investigations into the Trump Organization. In a letter to the organisation dated 9 February, the accounting firm Mazars has urged Mr Trump to tell lenders the statements issued between 2011 to 2020 are no longer deemed reliable.
Diagnosed with rare hypermobility condition, Londoner Charlotte Leonard, 41, has had 20 operations but says swimming is her salvation
Canadian police have broken up a group that was allegedly ready to use violence to defend the Freedom Convoy near the US border. The Royal Canadian Mounted Police in Alberta said it had arrested 11 people and seized 13 long guns, as well as handguns and a large quantity of ammunition. It comes as Prime Minister Justin Trudeau is expected to use special measures allowing him to tackle the truck protests, which have shut some border crossings and paralysed Ottawa.
(Bloomberg) — Tensions over Ukraine are entering a critical period, driving up prices of raw materials key to the global economy, and piling pressure on governments already struggling with surging inflation. Most Read from BloombergHere’s What the Pandemic Has in Store for the World NextNasdaq 100 Climbs 1%, Leading Rebound in Stocks: Markets WrapCovid’s Great Uncoupling: Gap Widens Between Cases and DeathsSingapore’s Young Super-Rich Snap Up the Island’s Priciest HomesBiden Should Put the CDC
By Ian McConnell
Jesse Butler's left hook knockout punch on Masio Fullen had a hell of an impact at the Fury FC 56 event in San Antonio, Texas.
A weather enthusiast filmed moon rings and light pillars over Graceville, Minnesota, during the early hours of February 14.Carol Bauer told Storyful that she woke up at 5:30 am to film this video that shows a moon dog, or mock moons, along with a stream of parallel lights.Meteorologist Mark Tarello reposted one of Bauer’s photos on his Facebook page and said the pillars were created by a light reflection from ice crystals. Credit: Carol Bauer via Storyful
Ric Edelman, The Digital Assets Council of Financial Professionals Founder, sits down with Yahoo Finance Live to talk about adding cryptocurrencies in moderation to investment portfolios, crypto regulations, ETFs, and advisors becoming crypto literate.
Figures show that car thefts have increased.
JERMAINE Jenas has criticised Ralph Hasenhuttl for his comments on Manchester United, following the 1-1 draw at Old Trafford.
Health Corporation of America (HCA) pocketed millions of pounds in furlough money while collecting £190m in NHS contracts during pandemic
HMRC has opened more than 20 criminal investigations involving crypto assets such as Bitcoin, as it bolsters its defences against a wave of crime encouraged by the unregulated market.
Mandel Ngan/AFP via GettyThe Trump Organization on Monday was dragged back into a District of Columbia court case that seeks to hold it accountable for its role in more than a million dollars of misspent funds during former President Donald Trump’s 2017 inauguration.The development marked the second whopping punch against the ex-president’s corporate empire on Valentine’s Day, following news that the company’s own accounting firm accused Trump of cooking up misleading financial statements.The Tr
The US military says China is exploring "next-generation operational concepts for intelligentized warfare," including "cognitive control operations."
Breakfast has been the big draw for Britain’s major radio stations for decades. From Wake Up to Wogan to Chris Evans, ratings peaked before 10am onwards as “listeners of habit” tuned in without fail.
‘I’m actually screaming THE EGGS’
Malaysia Aviation Group (MAG) Chief Executive Izham Ismail said in a statement that the deal was tied to the restructured terms of the airline's existing orderbook with Boeing. MAG had previously placed an order of its own for 25 737 MAX jets that remains listed on Boeing's website. Boeing did not respond immediately to a request for comment.
People are dismayed to discover that the Oasis Leisure Centre site has once again become overrun with rubbish, flytipping and problems despite assurances the site would be looked after.
Ivan Reitman, the influential Canadian filmmaker and director of films such as Ghostbusters, passed away at age 75 on Feb. 12. The man who got his start at Toronto's City TV later went on to help further the careers of plenty of celebrities such as Dan Aykroyd, Bill Murray, Rick Moranis and even Arnold Schwarzenegger. Many of them took to social media to pay tribute to the legend and remember what he'd given them and the world as news of his death was announced over the weekend. "Our family is g

source