Tag: bitcoin
All news related to the leading cryptocurrency.
Tether to Allocate Up to 15% of Profits to Acquire BTC
Reading Time: < 1 minuteTether, 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 minuteBitfarms 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 minuteOver 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 minutesSalem, 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 minuteInstitutional 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 minuteHut 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 minuteBlock 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 minuteWhale 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 minuteA 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 minuteAhrefs 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 minuteThe 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 minuteOn 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 minuteMarathon 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 minuteDespite 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 minuteGreenpeace 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 minuteMagic Eden has launched its platform on the Bitcoin blockchain, powered by the Ordinals protocol.
Open Interest in BTC Futures Exceeds $12B
Reading Time: < 1 minuteOpen interest in BTC contracts has increased by about 7%.
Messari CEO: Bitcoin Will Hit $100K
Reading Time: < 1 minuteRyan Selkis, the founder and CEO of the analytical company Messari, has predicted that Bitcoin’s price would reach $100,000 within 12 months.
Bitcoin Fund Reserves Drop to Lowest Level Since October 2021
Reading Time: < 1 minuteThe amount of BTC held in ETFs has fallen to its lowest level since October 2021.
Decentralized Exchange Alex Raises $2.5M
Reading Time: < 1 minuteTrust Machines, Gossamer Capital, and other investors have recently invested $2.5 million in the development of the decentralized exchange Alex.
Rollkit Project Introduces Infrastructure for Deploying Rollups in BTC
Reading Time: < 1 minuteThe Rollkit team has developed a modular framework to enable sovereign rollups on the Bitcoin blockchain.
Jack Dorsey’s TBD Launches a LN Arm
Reading Time: < 1 minuteTBD, a subsidiary of Jack Dorsey’s Block focused on Bitcoin, has announced the launch of a Lightning Network (LN) ecosystem development arm called c=.
BitCard® and Blackhawk Network (BHN) to Offer Bitcoin Gift Cards at Select U.S. Retailers
Reading Time: 2 minutesPaoli, United States, 1st March, 2023, Chainwire BitCard® has announced a new relationship with Blackhawk Network (BHN), one of the world’s leaders in branded payment technology. Through this groundbreaking commercial […]
Gary Gensler: Cryptocurrencies Should Be Recognized as Securities
Reading Time: < 1 minuteAccording to Gary Gensler, chairman of the SEC, any cryptocurrencies with the exception of Bitcoin can be classified as securities.
How Have Cryptos Behaved Recently?
Reading Time: < 1 minuteBitcoin has been experiencing significant price changes over the past few weeks.
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