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Bitcoin (BTC) News

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Bitcoin funds

Bitcoin Funds for five weeks were able to attract $239M


Crypto funds have been raising institutional capital for five consecutive weeks. In another study by the CoinShares team, it is noted that at the end of the past week, the number of funds invested in such products amounted to $36 million. If the American institutions sent $95 million to them, the...


CME to Launch Options on Microfutures Based on BTC and ETH


The Chicago Mercantile Exchange (CME) will launch option contracts, the underlying assets of which will be microfutures on Bitcoin and Ethereum. Trading in instruments will start on March 28, 2022, after approval by regulators. “Option contracts will allow traders to effectively hedge market...


The number of addresses holding at least 1000 BTC rose to a 10-month high


Whale wallets have been aggressively buying bitcoin over the past few weeks. According to the Glassnode platform, the largest addresses controlling at least 1,000 coins took advantage of the winter sales and market decline. They have significantly increased their reserves in BTC. Now the number of...


Number of employees receiving a salary in BTC increased by 10% in 2021


A study by recruitment company Deel says there has been a significant increase in the number of people who are paid wholly or partly in cryptocurrencies. The share of such employees increased last year by about 10%. Moreover, the researchers note that not only actors, athletes, and politicians...

Bitcoin price Russia Ruble

Bitcoin Price Went Above $44.000 Amid the Ruble Depreciation


Bitcoin price surpassed $44.000 for the first time since February 17 as the demand for crypto has increased amid the Russian Ukrainian war. In the last 24 hours, the price of Bitcoin rose by 14% and currently stands at around $43.300. Ethereum increased by 11%, reaching $2.900. The total global...

Pantera Capital

Analysts at Pantera Capital announced a new bitcoin spurt


Bitcoin, as a decentralized asset, benefits from any economic or political aggravation in the world. That is exactly the situation we are seeing now. The influence of the tax policy of the authorities also affects. For now, Bitcoin is stable, but a new rally awaits us very soon, analysts at Pantera...


Block received $1.96 billion from the sale of bitcoin in the quarter


In the fourth quarter of 2021, Block (formerly Square) generated $1.96B in bitcoin sales through the Cash App, developing a gross profit of $46M for the firm. The company's total revenue for the period reached $4.08 billion, up 29% year on year. In 2021, Block's revenue increased by 86% to $17.66...


Number of addresses with at least 0.01 BTC has set a new record


Bitcoin (BTC) is trying to find the bottom at around $35,000. There is an opinion among analysts that at this level, the cryptocurrency can claim to be the support of the whales. On the night of Friday, February 25, the coin bounced to $36,100, but so far it is still trading in the red zone....

David Heinemeier Hansson

The creator of Ruby on Rails called criticism of bitcoin a mistake


The creator of the Ruby on Rails web framework, David Heinemeier Hansson, called his negative position on bitcoin amid the situation with protests in Canada erroneous. “I still can’t believe this is a protest that will prove that every bitcoin weirdo is a prophet. And I had to admit I was wrong...

Huobi CEO Bitcoin

Huobi’s Du Jun Sees the Next BTC Bull Run To Happen Not Till 2024


The next Bitcoin bull run will occur no sooner than 2024 or early 2025 according to the co-founder of Huobi exchange, Du Jun. In an interview with CNBC, he noted that his opinion is based on the Bitcoin halving technique which takes place about every 4 years when 210.000 blocks are mined. BTC...

Man Group

Hedge fund Man Group called bitcoin a risky asset


The increasing correlation between bitcoin and the Nasdaq stock index suggests that cryptocurrency should be considered a risky asset. This view is shared by analysts at the hedge fund Man Group. Their report on digital currencies says that monetary tightening by central banks will inevitably lead...

Kevin O'Leary Bitcoin

Investing in BTC or Tech Companies Is the Same; Kevin O’Leary


Investor, entrepreneur, Shark Tank star Kevin O'Leary said in a tweet that Bitcoin is not just a coin or cryptocurrency; it's a software. He answered the institutions that criticize him for investing in BTC, that for him it's completely the same, to invest in BTC or to own large shares in tech...

Nayib Bukele Bitcoin El Salvador

Bukele Answered US Senators’ Remarks on El Salvador’s BTC Policy


The president of El Salvador, Nayib Bukele, responded to the US Senators, who published a paper analyzing the country’s Bitcoin adoption. He said that the US congresspeople don't have any right over an independent country. Via a tweet, Bukele said that they should stay away from the country's...

Bitcoin hashrate

Bitcoin hashrate increased by 45% in six months


The activity of bitcoin-miners is intensifying even against the backdrop of the retreat of the cryptocurrency. While BTC is getting cheaper, the network hash rate continues to grow. According to, computing power set a new record this week, reaching 211.9 exahash per second (EH/s)....

Patrick Gelsinger

Intel CEO: Bitcoin threatens the environment


Many experts periodically accuse bitcoin of causing great environmental harm. Now Intel CEO Patrick Gelsinger has joined the critics of BTC mining. One transaction record on the blockchain consumes the amount of electricity needed to power your home during the day, the company's CEO said in an...


Bitcoin retreats again amid call for crypto regulation


In several countries this week, they started talking about the need to strengthen control over the cryptosphere. As a result, pressure on the industry began to intensify again, which led to an outflow of capital from digital currencies. The day before, bitcoin tried to approach $45,000. On the...


Mike Novogratz thinks gold and Bitcoin are safe assets


Galaxy Digital CEO Mike Novogratz has repeatedly stated that in terms of capitalization, Bitcoin will be able to bypass gold in the medium term. However, this week on Twitter, he unexpectedly called for an end to discussions about what is more important than precious metal or cryptocurrency. In his...


Share of profitable ETH addresses exceeds total number of BTC holders


Ethereum (ETH) on the night of February 17 is trading at $3,000, however, against the backdrop of a market correction, the altcoin may fall below this psychological mark again shortly. Nevertheless, the accumulation of ETH continues. The number of addresses with a non-zero balance set a new record...