Bitcoin (BTC) News

Payment giant Visa has announced the creation of a new advisory division to assist clients to navigate cryptocurrencies. The structure, which will become part of the consulting and analytics department, will give advice to financial institutions, retailers, and other firms on everything from the...

Among analysts, many believe that by the end of December, Bitcoin will be able to approach $ 100,000 or even break this psychological mark. However, amid the recent market crash, the number of bulls betting on cryptocurrency aggressive gains has plummeted. Bitwise top manager Matt Hougan also...

As per the decision of a Florida jury, announced on Monday Australian computer scientist and businessman Craig Wright did not owe 1.1 m BTC to the family of cyber forensics David Kleiman. Court decided that Wright must pay 100 m in punitive damages over intellectual properspecialistty rights to a...

The computing power of the bitcoin network at the end of last week increased even against the backdrop of a fall in the value of the cryptocurrency. Recall that on Saturday night, the BTC rate fell to $ 43,000 on some trading floors. This was followed by a rebound, and now the cryptocurrency is...

On Saturday, Bitcoin-focused technology and financial services firm NYDIG informed that around $2.5 billion of crypto leveraged positions were liquidated. $1.1 billion of the amount were Bitcoin positions. Bitcoin dropped below $47.000 on December 4 and was traded at around $46.600 according to...

Billionaire investor Charlie Munger is in the camp of Bitcoin critics. During the Sohn Conference in Sydney, the businessman said he wished crypto hadn’t been invented. As the Australian Financial Review reports, Munger finds China is right to ban cryptocurrencies, and he admires the move....

Michael Sailor, CEO of software giant MicroStrategy, presents the camp of the so-called "bitcoin bulls". His company periodically purchases cryptocurrency and refuses to sell it, even during a bearish cycle. Sailor stated that the dollar is the world's currency, and bitcoin is a reserve...

The crypto has seen a dip today. Bitcoin price fell below $50.000 for the first time since October 6. In the last 24 hours, Bitcoin dropped by over 17.5%. Currently, it trades at around $46.900, with a market cap of $897 billion. Other major cryptocurrencies, Ether, ADA, Binance Coin also declined...

Last November, the price of Bitcoin (BTC) soared by nearly 43%. However, November of this year turned out to be unfortunate for the leading digital currency. Its cost at the end of the last month decreased by 7.11% (according to CoinGlass). However, the losses were negligible compared to November...

Ether (ETH) was not the only one that showed the highest profitability compared to Bitcoin in 2021. Mining stocks also outperformed the largest digital currency in terms of performance, Arcane Research said in a report. At the same time, analysts remind that investing in the mining industry is...

Since December last year, the cost of Ether (ETH) has skyrocketed by about 530%, while Bitcoin has grown by about 200% over the same period. Even though BTC still exceeds ETH in terms of capitalization, the latter turned out to be the most effective instrument. Ether is based on the blockchain,...

Since January 2021, transaction processing fees on the Bitcoin network have descended by about 57%. According to the YCharts service, in 11 months, the average collection fell from $4.4 to $1.8. Analysts are looking at several factors driving the drop in network fees. One of them is the growing...

Software company MicroStrategy announced acquiring 7.002 Bitcoins worth around $414 M on November 29. The average price of the coin was $59,187, including fees and expenses. Currently, the company holds about 121,044 BTC purchased for nearly $3.57 billion at an average price of $29.534 per coin....

Singapore-based MAS-regulated finance company Fintonia Group has launched two institutional-grade bitcoin funds. Fintonia Bitcoin Physical Fund and Fintonia Secured Yield Fund are for professional investors looking for opportunities to interact with a new asset class. The Bitcoin Physical Fund buys...

While prices of cryptocurrencies saw a decline yesterday, investors are considering buying more crypto with discount. On Nov. 16, the president of El Salvador, Nayib Bukele informed followers that the country purchased 100 extra Bitcoins. The previous purchase was on October 28, when El Salvador...

BTC price trades at its lowest price since mid-October. In the last 24 hours, the coin dropped by around 6%, falling below $55.000. Ether trades at about $4.000. Other cryptocurrencies such as Cardano (ADA), Solana (SOL), XRP, Polkadot (DOT), Avalanche (AVAX) also saw major value declines. The...

Turbulence returns to the crypto market after each spike in the activity of large bitcoin addresses or so-called whales. According to Santiment, wallets holding between 100 and 10,000 BTC triggered an escalation in volatility last week. Recall that the price of bitcoin on some trading floors fell...

Bitcoin (BTC) has been falling in price since the end of last week, but crypto fans still refuse to sell it. According to the Glassnode platform, the number of wallets with a non-zero BTC balance in the second half of November reached an all-time high of 38.76 million. Researchers recall that the...