Tag: bitcoin
All news related to the leading cryptocurrency.
Market Update July 5
Reading Time: < 1 minuteThe cryptocurrency market is experiencing a significant downturn today, with major coins like Bitcoin and Ethereum suffering substantial losses.
Mt.Gox Moves Bitcoins Ahead of Payment to Creditors
Reading Time: < 1 minuteIn the last few hours, there have been two transactions involving a number of wallets connected to Mt Gox. These transactions occurred right before the planned repayment of $9 billion of Bitcoin.
Crypto Liquidations Reach $665M
Reading Time: < 1 minuteBitcoin experienced a sharp decline to $53,499 on Coinbase following news of Mt. Gox’s recent transfer from their cold wallet.
Market Update July 4
Reading Time: < 1 minuteThe crypto market is currently experiencing a period of consolidation, marked by a significant drop in prices across the board.
Market Update July 3
Reading Time: < 1 minuteThe crypto market is seeing a subdued day on July 3, 2024. The overall market cap sits at $2.24 trillion.
Standard Chartered: Bitcoin Will Reach a Record Level Next Month
Reading Time: < 1 minuteAccording to Standard Chartered’s head of forex and digital assets research, Geoffrey Kendrick, the price of Bitcoin may reach a new record high in August and could potentially hit $100,000 by the time of the US presidential election in November.
Ethereum Set to Outperform Bitcoin After ETH-based ETFs Start Trading: Report
Reading Time: < 1 minuteAccording to analysts at K33 Research, the upcoming launch of Ether exchange-traded funds (ETFs) in the United States could lead to the cryptocurrency outperforming Bitcoin in the weeks to come.
Market Update July 2
Reading Time: < 1 minuteThis morning, the crypto market displayed mixed signals, with Bitcoin experiencing a slight decline while some altcoins saw moderate increases.
Bitfarms Mines 21% More Bitcoins in June
Reading Time: < 1 minuteAs Bitfarms faces a potential takeover bid from Riot Platforms, the company’s mining operations have been steadily recovering since the Bitcoin halving in April.
German Government Transfers $24M in Bitcoin to Major Crypto Exchanges
Reading Time: < 1 minutea wallet linked to the German Federal Criminal Police Office (BKA) has recently transferred $24 million in Bitcoin.
Bitcoin ETFs Lose $1.3B in 2 Weeks
Reading Time: < 1 minuteDuring the past two weeks, outflows from United States-based Bitcoin exchange-traded funds (ETFs) have reached a total of $1.3 billion due to the declining price of Bitcoin.
Standard Chartered to Launch a Spot Bitcoin and Ether Trading Desk
Reading Time: < 1 minuteStandard Chartered is venturing into the buying and selling of Bitcoin and Ether through the establishment of a spot trading desk.
Japanese Firm Metaplanet to Sell 1B Bonds to Acquire Additional Bitcoins
Reading Time: < 1 minuteMetaplanet Inc., a Tokyo-based investment and consulting firm, has announced plans to issue 1 billion yen ($6.26 million) worth of bonds to fund the purchase of Bitcoin.
US Spot Bitcoin ETFs Lose $140M
Reading Time: < 1 minuteThere were $139.88 million in net outflows from spot Bitcoin exchange-traded funds in the US on Thursday, marking the fifth consecutive day of outflows.
T-Mobile Parent Company Deutsche Telekom to Mine Bitcoin
Reading Time: < 1 minuteTelecommunications giant Deutsche Telekom, owner of T-Mobile, may soon enter the world of Bitcoin mining.
MicroStrategy Increases Convertible Note Offering to $700M
Reading Time: < 1 minuteTech company MicroStrategy has increased its convertible note offering by 40% to $700 million and has set a 2.25% annual yield.
Trump Wants Bitcoin to Be Mined in the US
Reading Time: < 1 minuteFormer US President Donald Trump showed his support for bitcoin mining during a meeting with several bitcoin miners at his Mar-a-Lago resort on Tuesday night.
Bitcoin’s Volatility is Approaching Record Levels
Reading Time: < 1 minuteBitcoin’s value remained mostly stagnant in the two weeks leading up to its sharp decline on June 7, reaching record lows in terms of volatility compared to any other 15-day […]
Bitcoin ETFs Record Inflows of $488M
Reading Time: < 1 minuteUS-based Bitcoin ETFs received a combined inflow of $488.1 million on Wednesday.
Fidelity Executive: Investors Should Invest in BTC
Reading Time: < 1 minuteMatt Horne, the head of digital asset strategies at Fidelity Investments, emphasized the importance of allocating at least a small portion of one’s investment portfolio to Bitcoin, regardless of their stance on the decentralized currency.
Daily Inflows into Bitcoin ETFs Hit $887M
Reading Time: < 1 minuteAccording to initial data, the United States has witnessed the second-highest net inflow day for Bitcoin exchange-traded funds (ETFs) with $886.6 million.
Daily Inflows into US Spot Bitcoin ETFs Reach $105M
Reading Time: < 1 minuteThe 11 spot Bitcoin ETFs that were approved in the US in January have collectively attracted a total of $2.28 billion in inflows during this period, bringing the cumulative net inflows to $13.96 billion.
Bitnomial and Luxor Roll Out a Bitcoin Mining Derivatives Product
Reading Time: < 1 minuteLuxor Technology Corporation and Bitnomial Inc. have teamed up to launch a new Bitcoin mining derivative product on Bitnomial’s United States derivatives exchange.
Michael Saylor: ETF Approvals Strenghtened Bitcoin’s Size as an Asset Class
Reading Time: < 1 minuteAccording to MicroStrategy Chairman Michael Saylor, the approval of Bitcoin ETFs in January was a significant event that solidified the size and importance of Bitcoin as an asset class.
Bitcoin’s White Paper is Reuploaded to Bitcoin.org’s Website
Reading Time: < 1 minuteFollowing Craig Wright’s unsuccessful legal attempt to prove his identity as Satoshi Nakamoto, the creator of the Bitcoin protocol, the Bitcoin white paper has been reuploaded to the Bitcoin.org website.
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