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Bitcoin (BTC) News


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Bitcoin

The cost of bitcoin has fallen by 13% since the beginning of April

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In April 2022, the capitalization of bitcoin decreased by about 13% to $762.989 billion. The BTC rate on Tuesday, April 12, fell below $40,000 for the first time since March 16. The coin quickly bounced back, and already during the European session, it bounced to $40,179. Ether (ETH) and Binance...

Hayes

Arthur Hayes commented on the deteriorating position of Bitcoin

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According to Arthur Hayes, co-founder of the BitMEX crypto exchange, Bitcoin is in danger of falling to $30,000 already in the current cycle. An industry representative commented on the current position of the cryptocurrency and noted that along with BTC, the fall of most altcoins is inevitable....

Cathie Wood Ark Invest

Cathie Wood's Ark Invest to Drop PayPal for CashApp

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Florida-based investment management firm Ark Invest’s CEO and CIO Cathie Wood announced dropping all of the company's PayPal holdings for Cash App. She talked about the news at Bitcoin 2022. Cash App owned by Block relies on Lightning Network, a layer 2 solution for BTC payments to make...

Blockstream block tesla

Tesla’s Tech Will Be Used for Block & Blockstream BTC Mining

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Leading blockchain infrastructure builder Blockstream and financial services provider Block (previously Square) will build a facility in Texas for mining Bitcoin using Tesla's solar and storage technology. Adam Back, Blockstream's co-founder, and CEO unveiled the news at Bitcoin 2022. Together with...

Terra Do Kwon UST

Terraform Labs Bought $230 M Worth of Bitcoin

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Terraform Labs co-founder Do Kwon, announced buying another 5000 Bitcoins for $230 M. Terraform stands behind the development of the Terra blockchain, which is powered by the UST stablecoin and the LUNA coin. At the time of buying, the BTC price was around $46,000. Last month, Do Kwon revealed that...

Microstrategy Bitcoin purchase

MacroStrategy Acquires Additional 4,167 Bitcoins

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Enterprise analytics and software company MicroStrategy's subsidiary MacroStrategy added another 4,167 Bitcoins to its holdings for around $190.5 M paying in cash. The average BTC price for the deal was $45,714, including fees and expenses. According to the statement published by the company, as of...

Bitcoin

Bitcoin bounces back after falling below $46,000

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The night before, bitcoin crashed to $45,104 on some trading floors. Support intensified on the night of Tuesday, April 5. The cryptocurrency began to win back losses, and today it rebounded to $46,673. Altcoins are traded in different directions. Ether (ETH) and Binance Coin (BNB) rose 0.62% and...

Bitcoin

The price of bitcoin has overcome the level of $47,000

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On Monday, March 28, the quotes for the first cryptocurrency exceeded $47,000. The capitalization of the asset is $893 billion. At the moment, the price of bitcoin reached $47,650, the highest since the beginning of 2022. As a result of the volatility in the futures market, positions worth more...

Bukele Changpeng Zhao meeting

Bukele Meets Binance's CZ to Discuss NOT the Bitcoin Bonds

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El Salvador’s president Nayib Bukele met Binance founder and CEO Changpeng Zhao (CZ), Mexican billionaire businessman Ricardo Pliego, and other entrepreneurs. Previously, an article by Reuters said the Salvadoran government plans to turn to Binance for its execution of Bitcoin as legal tender and...

Russia gas bitcoin

Russian Duma Considers Selling Gas and Oil for Bitcoin

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Pavel Zavalny, the head of the Russian Gas Society, said the country allows the possibility of accepting Bitcoin as a means of payment for the export of natural resources. In a press conference, he suggested that the conditions of export may be different for various countries depending on their...

Bitcoin Ethereum

Bitcoin and Ethereum bounce back after yesterday's fall

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The surge in investor activity in the cryptosphere at the beginning of the week turned out to be short-lived. The largest digital currency fell below $42,000 again and pulled almost all major altcoins with it. Today's trading in Asia took place mainly in the green zone, which had a positive effect...

El Salvador USA BTC

US Congress to Consider Bill That Studies El Salvador’s BTC Policy

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The US Senate considers adopting a bill that as it describes would mitigate risks to the US financial system that it finds may come from El Salvador's adoption of BTC as legal tender. Senators Jim Risch, Bob Menendez, and Bill Cassidy introduced the act on February 16. The bill would require...

El Salvador Bitcoin bonds

El Salvador Postpones the Launch of BTC Bonds

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The Salvadoran government made a decision to put off the launch of Bitcoin bonds as the current market conditions are unfavorable. Finance Minister Alejandro Zelaya talked about it during an interview with the TV show "Frente a Frente" President Nayib Bukele first revealed the plans to...

BitMex

BitMex founder predicts Bitcoin will reach $1M

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Many representatives of the cryptosphere are positive about the long-term prospects for Bitcoin (BTC). For example, Galaxy Digital CEO Mike Novogratz said last week that BTC would set a new record in the next three years. According to his forecasts, the bitcoin rate will reach $500,000. BitMEX...

Novogratz

Mike Novogratz Predicts Bitcoin to Rise to $500,000

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Galaxy Digital CEO Mike Novogratz represents the so-called bitcoin bull camp. He periodically predicts that in the long term, the value of bitcoin will reach unprecedented heights. This week, the billionaire announced the rise of cryptocurrency to $500,000. Moreover, in his opinion, this will...

Crypto whales

Bitcoin whale activity drops to yearly low

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The Bitcoin network has seen a weakening of whale activity over the past few days. According to the Santiment team, the number of transactions worth more than $100,000 fell to the lowest level in a year. A similar situation is observed on Ethereum. Researchers believe that most of the largest...

Mike Novogratz crypto

Novogratz Talked Crypto and Why USD Might Never Be the Same

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The CEO of the financial services and investment management company Galaxy Digital, Mike Novogratz says the world won't switch to bitcoin overnight, but we are entering the world where people will try to figure out what is the reserve currency, looking to different assets like gold and digital...

USA

Law enforcement officers will return stolen BTCs worth $450K to a US citizen

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American law enforcement officers seized about $ 450,000 worth of bitcoins, which phone scammers stole from an elderly US citizen. This is stated in a statement by the District Attorney of the State of North Carolina Dena King. In August 2021, attackers, presumably from abroad, called a resident of...