Tag: bitcoin
All news related to the leading cryptocurrency.
Tesla Did Not Get Rid of its Bitcoins
Reading Time: < 1 minuteAccording to blockchain analytics firm Arkham Intelligence, Tesla currently still holds its entire Bitcoin stash, valued at $780 million, despite recently transferring the funds to unidentified wallets on Oct. 15.
Bitcoin Hashrate Reaches a New Record High
Reading Time: < 1 minuteThe latest data from Glassnode reveals that the seven day moving average for Bitcoin’s hashrate has reached a record high of 703 exahashes per second (EH/s).
Weekly Inflows into Crypto Products Reach $2.2B
Reading Time: < 1 minuteAsset management firms such as BlackRock, Bitwise, Grayscale, ProShares, and 21Shares experienced significant net inflows of $2.2 billion last week, the highest since July.
CME Bitcoin Futures Open Interest Reaches an All-time High
Reading Time: < 1 minuteSince Oct. 18, the Open Interest (OI) for Bitcoin futures on the Chicago Mercantile Exchange (CME) has reached a new record high of over $12.26 billion.
SEC Approves NYSE and Cboe Spot Bitcoin ETFs Listing
Reading Time: < 1 minuteThe Securities and Exchange Commission (SEC) has approved NYSE American LLC and Cboe Exchange, Inc. to list and trade options on various Bitcoin exchange-traded funds.
Market Update October 18
Reading Time: < 1 minuteThe cryptocurrency market has seen a week of mixed movements, with some major coins experiencing significant gains while others have remained relatively stable.
Italy Plans to Raise Capital Gain Tax on Bitcoin
Reading Time: < 1 minuteItaly is set to significantly increase the capital gains tax on Bitcoin, jumping from 26% to 42%.
Spot Bitcoin ETFs See Net Inflows of $555.86M
Reading Time: < 1 minuteOn October 14, net inflows for 12 Bitcoin exchange-traded funds (ETFs) reached $555.86 million, which was more than double the $253.54 million recorded on the previous trading day.
Market Update October 11
Reading Time: 2 minutesOver the past week, we have seen some interesting price movements, with Bitcoin and Ethereum taking the spotlight. Bitcoin, the world’s largest and most popular cryptocurrency, has had a rollercoaster week.
HBO Documentary: Peter Todd is Satoshi Nakamoto
Reading Time: < 1 minuteThe new HBO documentary “Money Electric: The Bitcoin Mystery” suggests that Peter Todd, an early Bitcoin developer, is the true identity behind Satoshi Nakamoto, the pseudonymous creator of Bitcoin.
NYDIG: Bitcoin Remains Best Performing Asset This Year
Reading Time: < 1 minuteAccording to the New York Digital Investment Group, Bitcoin continues to be the top-performing asset of the year despite a relatively weak third quarter.
Market Update October 4
Reading Time: < 1 minuteThe past week has been a rollercoaster ride for the cryptocurrency market as major coins such as Bitcoin and Ethereum experienced significant price movements.
JPMorgan: Investors Could Turn to Bitcoin Due to Geopolitical Risks
Reading Time: < 1 minuteJ.P. Morgan analysts suggest that recent increases in geopolitical tensions and the looming US presidential election are causing investors to turn towards gold and bitcoin as safe-haven assets, referred to as the “debasement trade.”
BC.GAME Announces Launch of $BC Mining Rush Event with 1 Billion $BC Token Prize Pool
Reading Time: 2 minutesWILLEMSTAD, Curacao, 30th September 2024, Chainwire
BlackRock’s Head of Crypto: Bitcoin Is Not a Risk-on Asset
Reading Time: < 1 minuteBlackRock’s head of digital assets, Robbie Mitchnick, believes that Bitcoin has been unfairly categorized as a “risk-on” asset.
Crypto ETFs Receive $321M
Reading Time: < 1 minuteCrypto exchange-traded funds (ETFs) saw an increase in inflows for the second week in a row, with a total of $321 million.
Market Update September 20
Reading Time: < 1 minuteThe past week in the cryptocurrency market has been eventful, to say the least.
CleanSpark Purchases 2 Mining Sites in Mississippi
Reading Time: < 1 minuteBitcoin miner CleanSpark has recently acquired two Bitcoin mining sites and accompanying land in Clinton, Mississippi, with a combined purchase price of $5.775 million.
tBTC Becomes the First Incentivized BTC Asset on EigenLayer
Reading Time: 2 minutesNew York, NY, 17th September 2024, Chainwire
Trump’s World Liberty Financial to Launch a Token
Reading Time: < 1 minuteThe team members responsible for the World Liberty Financial crypto project, which has been endorsed by former President Donald Trump and his sons, has confirmed their plans to launch a governance token called WLFI.
Fed’s Rate Cut Will Boost Bitcoin: Bitwise
Reading Time: < 1 minuteThere is widespread anticipation that the US Federal Reserve will make its first benchmark rate cut in four years this week, leading to speculation about the potential size and impact of the cut on risk assets such as Bitcoin.
MicroStrategy Plans to Raise $700M to Buy Additional Bitcoin
Reading Time: < 1 minuteMicroStrategy has recently announced that it will raise $700 million through a new debt offering of convertible senior notes, which are set to mature in 2028.
Market Update September 13
Reading Time: < 1 minuteIt has been another eventful week in the world of crypto, with significant price movements and market volatility dominating the headlines.
Spot Bitcoin ETFs Lose $43M in a Day
Reading Time: < 1 minuteBitcoin exchange-traded funds in the United States experienced a total daily net outflow of $43.97 million on Wednesday, breaking a positive falow streak that had lasted two days.
Bitcoin Miner Wins $180,000 Reward After Solving a Block
Reading Time: < 1 minuteOne individual Bitcoin miner has accomplished a rare achievement by solving a block on their own, earning them approximately $180,000.
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