Tag: bitcoin
All news related to the leading cryptocurrency.
Travala Unveils a Bitcoin and AVA Reserve
Reading Time: < 1 minuteCryptocurrency-oriented travel agency Travala has announced plans to launch a dedicated reserve for Bitcoin and its native token Ava.
MARA Holdings Acquires $1.1B in Bitcoin
Reading Time: < 1 minuteMARA Holdings Inc., a leader in Bitcoin mining, yesterday purchased 11,774 additional Bitcoins for $1.1 billion.
China Intends to Create a Bitcoin Reserve
Reading Time: < 1 minuteFormer Binance CEO Changpeng Zhao has proposed that China may consider creating a strategic Bitcoin reserve, possibly following a plan proposed by US President-elect Donald Trump.
Weekly Inflows into Crypto ETPs Reach $3.85B
Reading Time: < 1 minuteAs Bitcoin surged past $100,000 for the first time, investment products related to the cryptocurrency saw record inflows of $3.85 billion during the trading week of Dec. 2–6.
MicroStrategy’s Bitcoin-related Profit Reaches $17B
Reading Time: < 1 minuteMicroStrategy has accumulated over $17 billion in unrealized profits through its Bitcoin buying spree.
Mt. Gox Transfers $2.4B in Bitcoin to a New Wallet
Reading Time: < 1 minuteBankrupt cryptocurrency exchange Mt. Gox recently transferred 24,051.75 BTC, equivalent to approximately $2.4 billion, to an unidentified wallet address.
Bitcoin Exceeds $100,000
Reading Time: < 1 minuteThe value of Bitcoin soared to a historic $100,000 milestone, marking a significant achievement for the cryptocurrency market after a year of remarkable growth.
Inflows into Spot Bitcoin ETFs Reached $6.4B Last Month
Reading Time: < 1 minuteThe US saw a surge in investments into spot Bitcoin exchange-traded funds (ETFs) last month as the BTC market price reached a record-breaking $99,000 level.
Metaplanet Plans to Raise $62M to Acquire More BTC
Reading Time: < 1 minuteJapanese investment firm Metaplanet plans to raise more than $62 million (9.5 billion Japanese Yen) by acquiring stocks in order to add to its Bitcoin treasury.
Brazil Considering Bill to Create a Bitcoin Reserve
Reading Time: < 1 minuteA proposal has been put forth by Brazilian lawmakers in the Chamber of Deputies to allocate 5% of the country’s $370 billion treasury towards a Bitcoin strategic reserve.
US Spot Bitcoin ETFs Lose $438M
Reading Time: < 1 minuteAccording to data from SoSoValue, seven spot Bitcoin ETFs in the US experienced a net outflow of $438.4 million on Monday.
US Spot Bitcoin ETFs’ Assets Exceed $100B
Reading Time: < 1 minuteOn Wednesday, the total net value of the 12 spot Bitcoin exchange-traded funds (ETFs) in the US surpassed $100 billion.
Trading Volume of Bitcoin ETF Options Reaches $2B on First Day
Reading Time: < 1 minuteBlackRock’s Bitcoin ETF IBIT options made an impressive debut, with nearly $2 billion in notional exposure traded on their first day. Analysts are calling this an “unheard of” feat in terms of metrics.
Spot Bitcoin ETFs Attract $1.7B in a Week
Reading Time: < 1 minuteIn the past week of trading, Spot Bitcoin ETFs have seen a significant increase in inflows, amounting to $1.7 billion between November 11–15, 2024.
MicroStrategy Will Hold a New Private Note Sale to Acquire More BTC
Reading Time: < 1 minuteThe founder of MicroStrategy, Michael Saylor, revealed that the company plans to offer $1.75 billion in zero-coupon convertible notes in order to acquire more Bitcoin.
Bitcoin Correlation to Gold Reaches a Nearly 1-year Low
Reading Time: < 1 minuteThe correlation of Bitcoin to gold has reached a low not seen in 11 months since the election.
BIT Mining (NYSE: BTCM) Invests in Prosper’s Native Tokens to Support New Focus on Bitcoin Mining
Reading Time: 2 minutesCayman Islands, Cayman Islands, 14th November 2024, Chainwire
What is Bitcoin?
Reading Time: 2 minutesBitcoin is a digital currency created by Satoshi Nakamoto to allow people send and receive money without the need of intermediaries.
MicroStrategy Purchases $2 Billion in Bitcoin
Reading Time: < 1 minuteOn November 11, MicroStrategy announced that it had purchased 27,200 Bitcoin using $2.03 billion in cash.
Mt. Gox Moves $2B in Bitcoin to New Address
Reading Time: < 1 minuteOn Sunday, crypto exchange Mt. Gox transferred over $2 billion worth of Bitcoin to two addresses, possibly the company may be preparing to repay its creditors.
Bitcoin ETFs Receive $1.3B Following Trump’s Victory
Reading Time: < 1 minuteFollowing the US presidential election won by Republican Donald Trump, Bitcoin ETFs listed in the US yesterday saw a historic $1.38 billion in net inflows.
Spot Bitcoin ETFs Attract $541M in a Day
Reading Time: < 1 minuteUS-based Bitcoin exchange-traded funds (ETFs) yesterday saw a total of $541 million in net outflows, the highest since May 1st and the second-highest since the ETFs began trading in January.
South Korea Plans to Regulate Cross-Border Crypto Transactions
Reading Time: < 1 minuteThe finance ministry of South Korea has announced plans to implement regulations on the trading of virtual assets across borders, such as cryptocurrency.
Standard Chartered: Bitcoin Will Reach $73K on US Election Day
Reading Time: < 1 minuteAccording to Standard Chartered Global Head of Digital Assets Research, Geoff Kendrick, Bitcoin’s all-time high of over $73,000 could be reached on Nov. 5, coinciding with the US presidential election.
Number of Bitcoin Whales Soars to 2021 Levels
Reading Time: < 1 minuteThe number of whales or network entities who hold at least 1,000 BTC has risen to 1,678 this week, marking the highest number since January 2021.
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