Bitcoin (BTC) News

In early June, the El Salvadorian parliament supported the president's initiative and passed a law to legalize bitcoin. The country's authorities went even further and promised each citizen to transfer $ 30 in BTC. However, to do this, the person needs to install an official Bitcoin transaction...

Galaxy Digital billionaire and founder Mike Novogratz believes that there is no reason to panic, and Bitcoin will surely win back after a painful fall. The businessman expressed such a forecast in an interview with Bloomberg and once again reiterated that BTC and other digital currencies are the...

The two brothers who founded the South African company Africrypt disappeared with bitcoins totaling up to $ 3.5 billion. As Bloomberg clarifies, businessmen disappeared along with 69,000 BTC. Back in April, one of the brothers, Amir Kaji, announced that his crypto company had been hacked. After...

In early June this year, the El Salvadorian parliament supported a bill recognizing bitcoin (BTC) as a legal tender. The adoption of such a document was initiated by the country's President Nayib Bukele. However, local opposition forces spoke out categorically against this law coming into force on...

The fall of the crypto market in May and June provoked panic in the camp of institutional investors. A study by Arcane Research says that open interest in bitcoin futures is now $ 11.3 billion, down 59% from mid-April. We will remind, on April 13, it reached $ 27.3 billion. Analysts stressed that...

Popular TV presenter Jim Cramer said back in the spring that he was able to make good money on Bitcoin’s winter rally. In total, the journalist invested about $ 500,000 in cryptocurrency. However, already in the summer, the expert’s opinion began to change due to the fall of the market in May....

Bitcoin started the new week with a sharp drop in the rate. On the evening of June 21, the coin fell to $ 32,000. On some exchanges, it briefly dropped even below this psychological mark. Against the background of the fall in the value of BTC and altcoins, opponents of the cryptosphere have once...

Enterprise analytics company MicroStrategy revealed buying 13,005 bitcoins for $489 M. The company's CEO Michael Saylor tweeted that currently, the company owns over 100.085 BTC purchased for around $2.7 B at an average price of about $26,080 per coin. MicroStrategy has purchased an additional...

Bitcoin exchanges received licenses from the Central Bank of Portugal, giving them the right to operate in the country. In early 2021, Portugal entered into force a law regulating the operation of trading platforms focused on the cryptosphere. The press center of the Central Bank said that the...

The fall in the value of bitcoin in May and June led to a sharp decline in the interest of institutional investors in this instrument. According to ByteTree Asset Management, the volume of cryptocurrency managed by Canadian, American, and European funds fell to a four-month low. Last Friday,...

According to data provided by the mining calculator CoinWarz, the Bitcoin hashrate fell at 103.34 EH/s. Hashrate is an important indicator of BTC performance as it reflects the value of how many hashes are being produced by miners attempting to solve a BTC block. So, it depends on the mining...

The press office of Danske Bank, the largest bank in Denmark, announced that it does not intend to reject transactions with bitcoin and other cryptocurrencies. At the same time, the bank does not plan to offer any cryptocurrency services to its clients. Danske Bank will alert people to the risks of...

A Paraguayan official, Deputy of the Nation, Carlos Helman, said the country is going to legalize BTC in July. He informed the news via Twitter. Rejala is a Bitcoin supporter and his profile picture on Twitter is with Laser Eyes. He says Paraguay needs to make progress hand-in-hand with the new...

Indonesia joined those countries that decided to declare war on bitcoin and the crypto sphere in general. The central bank of this country has banned the use of any digital currencies when paying for goods and services. Perry Varjiyo, who is the head of the Central Bank of Indonesia, made a...

General Motors CEO Mary Barra admitted that the carmaker will start accepting payments in the first cryptocurrency upon request from customers. In an interview with CNBC, she said: “Nothing prevents us from doing this. We will be guided by our...

Bitcoin has no value, but stablecoins can occupy a certain niche in the financial system. This was stated by the chairman of the Bank of England Andrew Bailey. The head of the regulator noted the outgoing danger from decentralized assets like bitcoin, as well as interest in stablecoins and national...

The crackdown on miners in China has yielded results. The computing power on the bitcoin network has plummeted to its lowest levels since the end of last year. BTC hashrate descended to 129.1 exhashes per second (EH / s) on Thursday. The last time this indicator was at this level was at the...

Against the backdrop of repressions against Chinese miners, the bitcoin hash rate began to decline rapidly last week. Today this figure is around 110 exaches per second (EH/s). On June 10, the hash rate exceeded 140 EH / s, and a day later it fell below 100 EH/s. Only today the computing power has...