Tag: bitcoin
All news related to the leading cryptocurrency.
Bloomberg Strategist: BTC Will Go Through Difficult Period
Reading Time: < 1 minute Mike McGlone, a Bloomberg strategist, has cautioned that June 2023 will be a challenging period for bitcoin.
Bitcoin’s Volatility is Tower than Meta and Amazon Stocks
Reading Time: < 1 minute The yearly volatility of Bitcoin has dropped from its all-time average of 71% to 32% on the 30D-MA.
OKX Proposes Industry-First BRC-30 Token Standard to Enable Bitcoin and BRC-20 Token Staking
Reading Time: 3 minutes SAN FRANCISCO, UNITED STATES, June 1st, 2023, Chainwire With BRC-30, OKX Wallet users will soon be able to stake BRC-20 tokens and Bitcoin to earn passive income on their digital […]
Bitcoin Lost 8% of its Value Last Month
Reading Time: < 1 minute Bitcoin experienced a loss of 8% in May, marking a decrease of 64% from the beginning of the year.
JPMorgan: Bitcoin Will Hit $45,000
Reading Time: < 1 minute Analysts at JPMorgan Chase concluded that a troy ounce of gold currently valued at $2,000 is equal to $45,000 in Bitcoin.
Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network
Reading Time: 3 minutes Renton, United States, May 25th, 2023, Chainwire Stably, a leading Stablecoin-as-a-Service (SCaaS) and fiat on/off-ramp infrastructure provider for Web3 projects, is aiming to revolutionize the nascent Bitcoin ordinals market by […]
Michael Saylor: Big Banks Will Work With BTC
Reading Time: < 1 minute Michael Saylor, CEO of MicroStrategy, is optimistic about the future of the crypto market in the US.
Robert Kiyosaki Recommends Buying BTC and Gold
Reading Time: < 1 minute Robert Kiyosaki has shared his plans for further investments in gold and Bitcoin, citing them as the safest assets to hold amid an approaching global economic crisis.
Switzerland Raises BTC Tax Threshold to $1.67 Million
Reading Time: < 1 minute The local government of the Swiss canton of Zug has increased the minimum taxation that can be paid with Bitcoin and Ethereum from 100,000 CHF to 1,500,000 CHF.
Tether to Allocate Up to 15% of Profits to Acquire BTC
Reading Time: < 1 minute Tether, the USDT stablecoin issuer, has revealed that from May 2023 onwards, it will be allocating up to 15% of its net realized operating income to buying Bitcoin.
Mining Firm Bitfarms Mined 1,297 BTC in Q1 2023
Reading Time: < 1 minute Bitfarms mined 1,297 BTC with a direct cost of $12,500 per Bitcoin and an average selling price of $22,500 in the first quarter of 2023.
Cryptocurrency Exchange OKX to Add Support for BTC’s Ordinals
Reading Time: < 1 minute Over the next two weeks, OKX will be introducing new features that will enable customers to buy, sell, and trade Ordinals and BRC-20 tokens through a crypto exchange wallet.
Merov Introduces a Suite of Services for the Bitcoin Mining Industry
Reading Time: 2 minutes Salem, Oregon, May 15th, 2023, Chainwire Merov is proud to announce the launch of its comprehensive suite of services designed for the Bitcoin mining industry. The suite of services includes […]
Report: Institutions Will Start Buying Bitcoins at The End of 2023
Reading Time: < 1 minute Institutional investors are prepared to acquire Bitcoin and that its entry into the market will begin to be seen in the third and fourth quarters of 2023.
Mining Firm Hut 8 Mined 132 BTC Last Month
Reading Time: < 1 minute Hut 8 Mining, a Canadian mining company, has reported that it had mined 132 BTC in April, bringing its total reserve of BTC to 9,265.
Amount of BTC Transactions Through Cash App in Q1 2023 Reached $2.2B
Reading Time: < 1 minute Block has reported that the volume of cryptocurrency transactions through its Cash App was estimated to be around $2.2 billion for the first quarter of 2023.
A Bitcoin Whale Moves 278 BTC Dormant for 10 Years
Reading Time: < 1 minute Whale Alert, a crypto whale tracking service, detected on April 21 the activity of a bitcoin address that had been dormant for over 10 years.
London Stock Exchange Will Clear BTC Derivatives
Reading Time: < 1 minute A division of the London Stock Exchange is set to begin offering clearing services for futures and options on Bitcoin indices.
US Users Seem to Be More Interested in Bitcoin Than in Donald Trump
Reading Time: < 1 minute Ahrefs research has revealed that the amount of Google searches related to the original cryptocurrency has reached 1.9 million in the US.
More Than Half of Bitcoins Haven’t Moved in 2 Years: Report
Reading Time: < 1 minute The proportion of Bitcoins that have not been moved in the past two years has risen to a record 53%.
MicroStrategy Buys Another 1,045 Bitcoins
Reading Time: < 1 minute On April 5, MicroStrategy, declared that it had purchased an additional 1,045 Bitcoin for around $29.3 million, averaging $28,016 per BTC.
Marathon Digital Mined 2,195 Bitcoin in Q1
Reading Time: < 1 minute Marathon Digital, a Bitcoin mining company, has achieved a quarterly mining record by mining 2,195 BTC in the first quarter of 2023, which is currently worth approximately $62 million.
Bitcoin Investors Believe Bullish Trend Will Continue: Report
Reading Time: < 1 minute Despite the largest wave of profit realization in Bitcoin since May 2022, most coins remain inactive.
Greenpeace Creates Talisman to Fight Crypto Mining
Reading Time: < 1 minute Greenpeace has introduced a new mascot, “Satoshi Skulls,” to represent the “dangerous amounts of pollution” created by BTC mining.
NFT Marketplace Magic Eden Adds Support for Bitcoin NFTs
Reading Time: < 1 minute Magic Eden has launched its platform on the Bitcoin blockchain, powered by the Ordinals protocol.
