Tag: bitcoin
All news related to the leading cryptocurrency.
Market Update August 19
Reading Time: < 1 minuteThe world of cryptocurrency has been buzzing with activity over the past 24 hours, with major coins like Bitcoin and Ether experiencing interesting price movements.
Bitcoin’s Mining Profitability Falls to All-time Low
Reading Time: < 1 minuteThe recent increase in the Bitcoin network hashrate has caused a decline in the stock value of BTC mining companies that had recently gained from their investments in artificial intelligence (AI).
Market Update August 16
Reading Time: < 1 minuteOver the past day, the cryptocurrency market has seen a mixed movement in prices. Most major cryptocurrencies have shown a slight increase in value, while others have experienced a small decline.
South Korea’s Pension Fund Purchases $33.7M in MicroStrategy Shares
Reading Time: < 1 minuteThe world’s third-largest pension fund, South Korea’s National Pension Service, bought $33.7 million worth of shares from MicroStrategy in the second quarter of this year.
Market Update August 15
Reading Time: < 1 minuteThe cryptocurrency market has experienced a slight dip in prices over the past 24 hours.
US Government Moves $600M in Bitcoin
Reading Time: < 1 minuteThe US government transferred 10,000 seized Bitcoin (BTC) related to Silk Road to Coinbase Prime, the institutional platform of the popular exchange, on Wednesday.
Spot Bitcoin ETFs Post $81M in Outflows
Reading Time: < 1 minute$81.36 million left US spot Bitcoin exchange-traded funds on Wednesday, ending their two-day streak of positive inflows.
Market Update August 14
Reading Time: < 1 minuteOver the past day, the cryptocurrency market has seen some interesting price movements. Bitcoin has experienced a 3.41% increase in its price, reaching $60,945.54.
Coinbase to Launch a Tokenized Bitcoin
Reading Time: < 1 minuteCoinbase has hinted at the potential launch of a new product called cbBTC.
Market Update August 13
Reading Time: < 1 minuteBitcoin has increased by 0.85% to reach a price of $58,948.30. This comes after a period of volatility.
Marathon Digital to Purchase Additional Bitcoins
Reading Time: < 1 minuteMarathon Digital Holdings plans to privately offer $250 million worth of convertible senior notes to qualified institutional buyers.
IMF to Help El Salvador Reduce Bitcoin-related Risks
Reading Time: < 1 minuteThe IMF has issued a statement following their recent visit to El Salvador, focused on supporting the country’s medium-term growth and addressing risks associated with Bitcoin.
Bitstamp to Make Bitcoin More Accessible in Europe
Reading Time: < 1 minuteCrypto exchange Bitstamp has partnered with fintech platform Stripe to make Bitcoin and other digital currencies more accessible in Europe. Through this collaboration, announced on August 7, consumers in the […]
Bitcoin Whales Accumulated BTCs During Market Crash
Reading Time: < 1 minuteBitcoin experienced a turbulent weekend, with prices falling to $49,000 on Monday after a rollercoaster of ups and downs.
Xapo Bank Launches an Interest-bearing BTC in the UK
Reading Time: < 1 minuteAfter successfully obtaining a banking license in Gibraltar, Xapo Bank has now launched its services in the United Kingdom.
Inflows into Bitcoin ETFs Reach Highest Level in 3 Months
Reading Time: < 1 minuteOn August 2, the 12 bitcoin exchange-traded funds in the US experienced their largest outflow in one day since May 1, which was over 90 days (and 60 trading days) ago.
Morgan Stanley Plans to Allow its Clients to Invest in Bitcoin ETFs
Reading Time: < 1 minuteMorgan Stanley has announced that their advisers will now have the ability to offer bitcoin exchange-traded funds (ETFs) to their wealthy clients starting on Wednesday.
Market Update August 2
Reading Time: < 1 minuteCrypto market continues its unpredictable journey as the prices of major cryptocurrencies experienced mixed movements over the past day.
Block’s Bitcoin-relate Revenue Reaches $2.6B
Reading Time: < 1 minuteIn the second quarter of 2024, Block Inc. reported a 9% growth in Bitcoin revenue compared to the previous year.
Market Update August 1
Reading Time: < 1 minuteBitcoin, the leading cryptocurrency, experienced a decline of -3.02% over the last 24 hours to reach $64,295.39.
US Senator Cynthia Lummis Officially Introduces Bitcoin Strategic Reserve Bill
Reading Time: < 1 minuteOn July 31, Senator Cynthia Lummis officially presented the Bitcoin Strategic Reserve bill, which calls for the creation of a reserve fund for the decentralized asset.
Market Update July 31
Reading Time: < 1 minuteBitcoin has experienced a drop of 0.94% over the past day, trading at $66,189.33.
Mt. Gox Moves More Than $2 Billion in Bitcoin to a New Address
Reading Time: < 1 minuteArkham Intelligence has reported that the now-defunct Mt. Gox exchange transferred over $2 billion to a new address on Tuesday.
Market Update July 30
Reading Time: < 1 minuteOver the past 24 hours, the cryptocurrency market has seen some notable price movements. The market cap has seen a decline of 2.80%, dropping to $2.4 trillion.
US Moves $2B in Bitcoin Seized from Silk Road
Reading Time: < 1 minuteThe United States Government has recently moved 29,800 Bitcoin from a wallet that stored seized funds from the dark web marketplace Silk Road in 2012.
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