Bitcoin (BTC) News

The US SEC continues to disapprove physically-backed Bitcoin Exchange Traded Funds (ETFs). On Dec. 22, the regulator released the decisions on the requests from the exchanges NYSE Arca to trade shares of the Valkyrie BTC Fund and Cboe BZX to trade Kryptoin BTC ETF Trust. The reasons for rejections...

The SOPR indicator exceeded one, and it suggests that investors are selling at a profit. The day before, this indicator was below 1, that is, traders were selling bitcoins at a loss for themselves. The growth of the index today was the result of an improvement in the situation in the crypto market....

In Mexico, the popular retail chain Elektra has announced the introduction of a new payment method for purchases. Now all clients, without exception, will be able to make payments for purchased goods using the leading cryptocurrency - bitcoin. The purchase of goods, by the way, will be available...

The president of El Salvador, Nayib Bukele made another Bitcoin acquisition on Dec. 21. Before the transactions, he tweeted that El Salvador’s total size is 21,000 km2. Bukele mentioned he doesn't think it's a coincidence. He added the Bitcoin hashtag and El Salvador's flag to the post. Bitcoin's...

Over the past decade, Bitcoin has shown everyone that it has earned the status of a reliable asset, according to Ray Dalio, founder of Bridgewater Associates. According to him, no one has hacked the cryptocurrency, and it has enormous long-term potential. Capital continues to enter the crypto...

Professor of the theory of foreign trade relations at Cornell University, senior researcher at the Brookings Institute Eswar Prasad, was recently invited by the popular business publication CNBC for an interview. As part of a dialogue with a media representative, the man expressed his opinion on...

Block CEO Jack Dorsey revealed who the selected members of the ₿trust Board are. ₿trust is a BTC endowment. Dorsey and famous rapper Jay-Z started the program to support BTC development in India and Africa. Dorsey and Jay-Z contributed 500 Bitcoins to the initiative. The aim of ₿trust is to...

Bitcoin (BTC) is rebounding on Wednesday after falling below $47,000 earlier in the week. Altcoins also went on the offensive today after a prolonged correction. The most successful of the top ten digital currencies was Dogecoin (DOGE), which soared 13% to $ 0.182 in a day. This altcoin is adding...

The share price of the largest mining companies collapsed this week amid a massive pullback in Bitcoin and other digital currencies. The price of BTC fell below $ 47,000 the night before, and altcoins were also in the red. As a result, investors began to withdraw from the shares of mining companies...

In a recent interview with Bloomberg, the CEO of crypto-focused investment firm Galaxy Digital, Mike Novogratz talked about cryptocurrencies, NFTs, DeFi, the policy of the US Federal Reserve System, and what developments he expects. The businessman finds the lowest level that Bitcoin may fall is...

The influx of cryptocurrency to exchanges at the end of November led to the December Bitcoin sell-off. However, already last week, the trend began to change, and investors again began to withdraw BTC from trading floors. The change in tactics suggests that traders believe the cryptocurrency will...

Business magnate, the person of 2021 by Time magazine, Elon Musk talked about crypto, in particular Bitcoin and Dogecoin, pointing out their advantages and use cases. Musk was a co-founder of digital payments company PayPal and says the nature of money is one of the things that is possible to...

As of December 12, 90% of bitcoins were mined, according to data from the Blockchain.com service. Mining pools have managed to mine 18.89 million coins from 21 million BTC so far. Recall that Bitcoin mining will stop after the mining of 21 million coins, this is the concept formed by the creators...

Over the last day, the crypto market cap dropped by over 5%. Currently, it stands at around $2.13 trillion. Prices of most cryptocurrencies have seen significant losses in the last 7 days. The lowest price of Bitcoin in the last 24 hours, was $45,894.85 according to CoinMarketCap. In that...

ARK Invest CEO and CIO Cathie Wood is bullish about the future of crypto, despite the current price decline. During a recent interview with CNBC on December 9, Wood shared her predictions. She reiterated her view that if more institutional investors choose Bitcoin, the price of the coin will...

Business analytics software provider MicroStrategy acquired an additional 1,434 BTC for about $ 82.4 million. According to the report, the average purchase price was approximately $ 57,477. Trades were made between November 29 and December 8, 2021. The funds spent correspond to the proceeds that...

Transactional activity on the bitcoin network has surged to its highest level since late spring amid the recent sell-off on the crypto market. The cryptocurrency price plunged below $ 43,000 as volatility escalated on Saturday. However, the computing power of the network, on the contrary, continued...

As a result of the aggravation of volatility in the crypto market at the end of last week, the number of active addresses on the bitcoin network has sharply increased. According to Arcane Research, transaction activity on the BTC blockchain is currently at its highest level since May 2021. Even...