Bitcoin (BTC) News

According to analysts at Pantera Capital, in the medium term, the range of Bitcoin price fluctuations will gradually decrease. In a note prepared for investors, Pantera Capital CEO Dan Morehead wrote that drops and jumps in the exchange rate of 80% or more are going to become a part of history...

On the eve of Bitcoin (BTC), short-term soared in the price above $ 62,000. However, on Monday evening, the coin again went down. The correction returned to the market. It was inevitable, as the situation escalated to the limit on the eve of the launch of Bitcoin ETF futures. As a reminder, this...

In early September, a law came into force in El Salvador recognizing bitcoin as a legal tender. The adoption of this landmark document was initiated by the country's President Nayib Bukele. He periodically tweets about the process of adopting cryptocurrency by the citizens of El Salvador. At the...

Data from Glassnode show that the number of Bitcoin biggest whales has declined, hitting its all-time low. On October 17, the number of BTC addresses holding 10.000 coins or less fell to 82, which is its lowest level since December 2012. However, it's worth mentioning that back then the price of...

The value of Bitcoin (BTC) has surged over the past few days to its highest level since mid-April 2021. Last weekend, the cryptocurrency managed to gain a foothold at the $ 60,000 level, and now it is trying to break even higher. The cryptocurrency capitalization now exceeds $ 1.143 trillion....

Digital currency investing company Grayscale intends to turn its BTC Trust into a spot ETF (exchange-traded fund). Barry Silbert, the CEO of Digital Currency Group (DCG), Grayscale’s parent company, allowed the possibility. As an answer to the question by The Investor's Podcast co-founder, crypto...

CEO of American digital payments provider Square, Jack Dorsey said that the firm is thinking over the development of a Bitcoin mining system to provide more opportunities for individuals and enterprises to participate in the network. By doing so, Square will get closer to its hardware wallet model,...

The U.S. Securities Exchange and Trading Commission (SEC) verified the first Bitcoin ETF. During the last 4 years, the agency denied a number of such applications. According to the filing, published by the SEC, American provider of exchange-traded products (ETPs), ProShares will issue the BTC...

The price of Bitcoin surpassed $60.000 for the first time since May. In the last 24 hours, the coin's price went up by around 5%. Several factors boosted the BTC price. One of them is the possibility of the first Bitcoin ETF launch in the US next week. Another factor is that viewing crypto as an...

The US Securities and Exchange Commission won't block Bitcoin Futures ETFs from beginning to trade in the following week. As sources familiar with the subject told Bloomberg, the agency is likely to give a green light to the first BTC ETF product. BTC futures enable getting access to the coin...

Investment banker, CEO of financial services company Galaxy Digital Michael Novogratz expressed his opinion about JPMorgan CEO Jamie Dimon's Bitcoin views. Dimon said recently he finds Bitcoin worthless but it's his personal opinion and has nothing to do with the fact that the bank's clients think...

After China's ban on crypto mining, released in May, the USA became the leader of BTC mining. A study by the Cambridge Centre for Alternative Finance shows that the BTC mining hashrate of China dropped from 44% to 0% between May and July. In 2019, three-quarters of the world’s hashrate came from...

CEO of New York-based international investment bank JPMorgan Chase Co, Jamie Dimon says in his personal opinion Bitcoin is worthless although the bank's customers think differently. The executive shared his views during an Institute of International Finance event on Oct. 11. At the same time, he...

El Salvador’s president Nayib Bukele's step of Bitcoin legalization and making local businesses support the coin didn’t get approval of Vitalik Buterin. Although Bukele tweeted in September that BTC would not be forced on everyone, Article 7 of the Bitcoin Law states that every business...

On October 10, El Salvador's president Nayib Bukele tweeted about building a pet hospital with funds raised after Bitcoin adoption. Bukele mentioned that after Bitcoin legalization, the price of the coin saw gains and brought profits of $4 M to the country. The President tweeted that in just 20...

Over the last 7 days, the price of Bitcoin grew by over 22.31%, surpassing $55.000 for the first time since mid-May. The coin's market cap hit $1 trillion. New York-based major international investment bank JP Morgan noted the reasons for the surge. In a note from Thursday, the bank said Bitcoin's...

For the first time, since May 12, Bitcoin price surpassed $55.000. The market cap of the largest cryptocurrency again stands above $1 trillion. Over the last 7 days, the coin saw a price increase of over 31%. In the last 24 hours, the surge was by over 10%. Although it's early to predict whether...

Prices of cryptocurrencies started to recover. In the last 24 hours, Bitcoin's price has gone up by over 5.4% surpassing $50.000 for the first time in a month. The coin's market dominance index is 43.10%. Ethereum's price went up by 3.36% in terms of a day. The total market cap of crypto increased...