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Bitcoin (BTC) News


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Busta Rhymes Holds Bitcoin

Busta Rhymes Buys BTC After "The B Word" Conference

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American rapper, songwriter Busta Rhymes or Trevor George Smith Jr., announced holding Bitcoin and eyeing for Ether next. The celebrity announced being inspired by the live discussion by Twitter CEO Jack Dorsey, Space X CEO Elon Musk, and ARK Invest's CEO Cathie Wood in terms of "The B...

Global X Bitcoin ETF

Global X Files for a Bitcoin ETF

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New York-based exchange-traded funds operator Global X filed with the US SEC to list its BTC Trust on the Cboe BZX Exchange owned by Cboe Global Markets. The trust's administrator will be leading US bank BNY Mellon. It was mentioned in the filing that the Trust aims to mirror the BTC indicators...

Bitcoin

Bitcoin trading volume fell to annual low

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Along with the weakening of network activity, the volume of bitcoin transactions also falls. A study by Arcane Research says the weekly value of cryptocurrency transactions fell to an annual low. This figure has been declining over the past three weeks, analysts said. Last week, trading volume fell...

Musk about Bitcoin

Elon Musk Revealed He Owns BTC During "The B Word" Conference

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On July 21, during Bitcoin-centered "The B Word" conference, Ark Invest's CEO Cathie Wood, Tesla's CEO Elon Musk, and Square's CEO Jack Dorsey had a live discussion with the moderation of Steve Lee. Answering the question about his views on BTC, Musk said "It makes sense to support...

UBS bank ceo

The CEO of UBS bank classified bitcoin as a doubtful asset

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According to the CEO of the Swiss bank UBS Ralph Hamers, bitcoin and similar digital currencies should be classified as unverified assets. At the same time, the financier stressed that the number of UBS bank clients who are interested in cryptocurrencies has sharply increased recently. Many...

Bitcoin price $31.800

BTC Goes Up to $31.000: Will It Secure the Support Level?

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After falling below $30.000, the Bitcoin price managed to go up by around 7% over the last 24 hours. Currently, the coin trades at around $31.800. Data from a cryptocurrency information platform Bybt shows that as Bitcoin dropped to its 1-month low of $29.360 yesterday, whales stepped in. In one...

Mike Tyson

MicroStrategy CEO urged Mike Tyson to buy bitcoins

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On Twitter, the world-famous former boxer Mike Tyson asked his subscribers which cryptocurrency he should invest in. He is considering two options - Bitcoin or Ether. Note that many former athletes are actively entering the cryptosphere. Back in the past year, former UFC fighter and ardent bitcoin...

Elon Musk, Jack Dorsey, Cathie Wood

Elon Musk, Jack Dorsey and Cathie Wood to Discuss BTC

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On July 21, at 12:00 p.m. ET. the BTC talk called “The ₿ Word” will take place. In its terms, Tesla CEO Elon Musk, Square and Twitter CEO Jack Dorsey, ARK Invest's CEO Cathie Wood and others will meet in live discussions. Among the members are Square Crypto PM Steve Lee, engineer Conor Okus,...

Bitcoin below $30.000 July

Bitcoin Price Below $30.000 For the First Time in a Month

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In the last 24 hours, the price of Bitcoin saw a decline of over 6%. Currently, the coin trades at around $29.750, which is the lowest level in terms of a month. BTC's current rate is under half-price of its all-time high of over $64.800 reached on April 14. Its market cap stands at around $558...

Malaysia

Malaysian police crush 1,069 bitcoin miners with a roller

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The police of the city of Miri (Malaysia) destroyed a batch of ASIC miners confiscated during the raids. On July 16, journalist Colin Wu reported that a video had been circulated in the Chinese cryptocurrency community showing the roller rolling over the devices. According to him, some members of...

Node

The number of bitcoin nodes in July reaches a new high

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There are currently more than 13,000 nodes available on the BTC network. Recall that the previous record was set in January. At that time, 11,613 nodes were available to users on the blockchain. On July 5, 13,374 nodes were recorded on the network. However, already in the middle of this month, the...

Jeffrey Gundlach

CEO of DoubleLine didn't rule out the fall of BTC to $23,000

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The position of skeptics among experts is strengthening. Many of them do not exclude that the largest digital currency will not be able to stay at current values ​​and will soon fall in price below $ 30,000. Moreover, some analysts predict that the BTC rate will only be able to stop at $ 10,000...

Michael Saylor

Michael Saylor doubts bitcoin can supplant the US dollar

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Michael Saylor, CEO of MicroStrategy, has recently been frequently commenting on the situation on the crypto market and around Bitcoin, in particular. His company is the largest public holder of BTC. Saylor said in the middle of this week that Bitcoin poses no threat to the US dollar. The CEO of...

Square builds new crypto platform

Square To Build a New Platform for DeFi Operations

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American financial services firm Square's CEO Jack Dorsey unveiled the building of a new platform TBD, which will deliver non-custodial, publicly available DeFi services. The network will join Seller, Cash App, Tidal and will maninly target BTC. Square is creating a new business (joining Seller,...

Bitcoin

Traders began to withdraw BTC from the end of May

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Glassnode analysts drew attention to the changing tactics of users of cryptocurrency exchanges. At the beginning of the week, it became known that bitcoin miners are reducing the sale of coins and moving on to accumulating them. Now experts said that, on average, exchange users send up to 2,000 BTC...

Nuclear power bitcoin mining

Nuclear-Powered BTC Mining to Start in Ohio in December

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Power producer and retail energy provider Energy Harbor Corp revealed a cooperation with BTC mining hosting firm Standard Power to build nuclear-powered BTC mining. The mining processes will start this December. To realize the idea, Standard Power will turn a former paper factory in Ohio city...

Bit digita

Nasdaq-listed Bit Digital mined 562 BTC in Q2

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In the Q2 of 2021, Nasdaq-listed Bit Digital generated 562.9 BTC, according to its income statement. That is less than in the previous reporting period due to the migration of computing power from China. According to the press release, on June 21, Bit Digital halted operations in China and...

Grayscale and BNY Mellon Bitcoin ETF

Grayscale Partners with BNY Mellon to Release a BTC ETF

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Stamford-headquartered leading digital currency asset manager Grayscale, reported that it will offload fund account and administration functions for the Grayscale Bitcoin Trust to BNY Mellon in October. Thus, the company aims to turn its GBTC into a BTC ETF. We have selected @BNYMellon as an asset...