Tag: bitcoin
All news related to the leading cryptocurrency.
Chinese Court Recognizes Bitcoin as an Asset Protected by the Law
Reading Time: < 1 minute The Shanghai District Court has ruled in favor of a Bitcoin owner and awarded him a compensation.
David Marcus Launches Lightning Network Growth Startup
Reading Time: < 1 minute The former head of the payments division of Meta has announced the launch of Lightspark, a new company focused on expanding the use of Bitcoin.
Mining Company Riot Blockchain Mined 1,405 BTC in Q1
Reading Time: < 1 minute Nasdaq-listed mining company Riot Blockchain mined 1,405 BTC and posted a net profit of $35.6 million in the first quarter of 2022.
Bank Of America: Bitcoin is Not a Means of Saving From Inflation
Reading Time: < 1 minute According to analysts from the Bank of America, Bitcoin has not been an insurance against inflation for a long time.
Peter Schiff Unveils Condition for BTC to Fall to $10,000
Reading Time: < 1 minute Peter Schiff has said that in the event of a sharp breakdown of the $30,000 level, it is “very likely” that the price will fall below $10,000.
Bybit Adds Bitcoin Options Trading
Reading Time: < 1 minute The Dubai-based crypto exchange has just announced the launch of Bitcoin options backed by the stablecoin USD Coin (USDC).
Crypto Market Data Provider Amberdata Completes $30M Funding Round
Reading Time: < 1 minute Amberdata, a US-based blockchain analytics startup, has raised $30 million in a Series B funding round led by Knollwood Investment Advisory.
Pace of Installation of BTC ATMs Slows Down Since the Beginning of the Year
Reading Time: < 1 minute Last month was the fourth consecutive month of declining rates of crypto ATM installations in the world.
BitMEX Co-Founder Predicts Bitcoin Will Rise to $1M by 2030
Reading Time: < 1 minute The former CEO and co-founder of the BitMEX, Arthur Hayes, has predicted the price of BTC will rise to $1 million by the end of the decade due to the ineffective monetary policy of the US and the EU.
One of Dubai’s Largest Property Development Companies to Accept Bitcoin and Ethereum
Reading Time: < 1 minute DAMAC Properties has announced it will start accepting cryptocurrencies.
Glassnode: There Are Positive Shifts in BTC’s Fundamental Metrics
Reading Time: < 1 minute Constructive medium-term and long-term trends are being formed in the context of a decrease in activity in the Bitcoin derivatives market.
Arcane Research: Correlation Between Bitcoin and Tech Stocks Hits Highest Level Since July 2020
Reading Time: < 1 minute Analysts from Arcane Research have said that the correlation between Bitcoin and the Nasdaq Composite index has reached its highest level since July 2020.
Glassnode: Profit-taking and Restrained Demand Push Bitcoin Back to Previous Range
Reading Time: < 1 minute Bitcoin has not confirmed an upside consolidation breakout due to a wave of profit taking.
Jordan Peterson Warns Against “Rampant Enthusiasm” for BTC
Reading Time: < 1 minute Jordan Peterson has called at the Bitcoin 2022 conference in Miami the first cryptocurrency revolutionary, but causing concern.
Miami Installs Crypto Analogue of the “Charging Bull” from Wall Street
Reading Time: < 1 minute Miami mayor Francis Suarez has unveiled as part of the Bitcoin 2022 conference in Miami a statue of a “crypto bull.”
Michael Saylor: The Market is Not Ready for Bitcoin Bonds
Reading Time: < 1 minute The CEO of MicroStrategy believes investors are not ready for an instrument such as Bitcoin-backed bonds.
MicroStrategy Attracts $205 Million in Debt Funding to Purchase More Bitcoins
Reading Time: < 1 minute MacroStrategy, a division of MicroStrategy, has received a $205 million loan secured by its own crypto assets.
El Salvador Delays Placement of Bitcoin Bonds
Reading Time: < 1 minute The Ministry of Finance had previously said investors would be able to purchase securities between March 15 and 20.
Investment Application Acorns Adds Support for BTC
Reading Time: < 1 minute US-based investment app Acorns has recently added to its fintech app the ability to invest in Bitcoin with a return of up to 5% per annum.
Glassnode: Bitcoin Volatility Will Increase
Reading Time: < 1 minute The price of Bitcoin will be influenced by rising implied volatility and higher leverage in the derivatives market.
Honduras to Accept Bitcoin as a Means of Payment
Reading Time: < 1 minute Honduras is ready to follow in the footsteps of El Salvador to accept Bitcoin as legal tender in the country.
Bitcoin Supply on Centralized Exchanges Falls to Lowest Level in 4 Years
Reading Time: < 1 minute The supply of Bitcoin on centralized crypto exchanges has fallen to 2.51 million coins, the lowest level since November 2018.
Swiss City of Lugano Will Allow Bitcoin and USDT Payments
Reading Time: < 1 minute The Swiss city of Lugano will make Bitcoin, Tether and the city’s LVGA token “de facto” legal tender.
DeVere Group CEO Predicts Bitcoin Will Hit $50,000 in March
Reading Time: < 1 minute The impressive growth of Bitcoin in the previous days allows us to count on reaching a psychological level of $50,000 in March.
Number of BTC Whales Soars Amid Imposition of Sanctions Against Russia
Reading Time: < 1 minute The number of Bitcoin addresses with balances of more than 1,000 BTC increased by more than 6% yesterday, reaching 2,226.
