Bitcoin (BTC) News

Billionaire Tim Draper has previously stated repeatedly that Bitcoin is focused on growth in the long term. For example, last summer, the financier confirmed his position and added that the authorities of Western countries themselves will provoke the strengthening of BTC. The United States and...

For the first time, this month Bitcoin's price surpassed $40.000. The raise happened on June 14. Currently, the coin trades at over $40.200 with a market cap of around $834.7 Billion. Several factors had an impact on the price growth. Tesla CEO Elon Musk announced the company will start accepting...

Bitcoin miners have met the conditions for activating the Taproot update. The soft fork will take place around mid-November 2021 at block # 709632, said developer Peter Welle. The developers have implemented the Speed Trial update activation method in the Bitcoin Core release in May. The mechanism...

Last week, the El Salvadorian government passed a bill to legalize bitcoin for the first time in the world. This event supported the market and strengthened the position of BTC. Today it became known that another country may recognize bitcoin and other digital currencies as legal means of payment....

In a recent Tweet, Tesla CEO Elon Musk said the company will allow Bitcoin payments again when the mining of the coin becomes more environmentally friendly and uses approximately 50% renewable energy. Following Musk's announcement that Tesla no longer accepts BTC payments in May, a lot of people...

After the parliament of El Salvador supported the presidential bill to legalize bitcoin, the cryptocurrency was able to strengthen slightly. On some trading floors, in the middle of the week, the BTC rate exceeded $ 38,000. However, a correction returned to the market over the weekend, as a result...

World-famous DJ David Guetta is ready to sell an elite apartment in Miami for cryptocurrency. The musician put up housing in a prestigious area of ​​the city for $ 14 million. He is also ready to accept payment in bitcoin or ether. If we take the current prices of these digital currencies as a...

The Securities and Exchange Commission (SEC) has called on American investors not to invest in bitcoin futures. The corresponding notification was published last Thursday. This document states that even if investors decide to channel their capital into BTC-focused products, then they must analyze...

BMC (Bitcoin Mining Council) gave more information about the organization and who are its members. The Chief Executive Officer of the enterprise intelligence firm MicroStrategy, Michael Saylor is a co-founder of the undertaking, who describes it as an open forum for joining Bitcoin miners. The...

Tim Wu, network neutrality coiner, professor of Law, Science, and Technology, advisor for the White House disclosed he holds a significant part of his capital in crypto. The news was published in the magazine "Politico". As noted in the publishment, Wu holds between $1 M and $5 M in BTC...

Billionaire Mar Lasry, the founder of Avenue Capital Management, said bitcoin's skyrocketing growth in 2021 exceeded his expectations. He also expressed regret that he had not invested enough in the first cryptocurrency. “As more people start using Bitcoin, the chances of continued growth are...

Institutional investors were seriously scared by the fall of bitcoin in May. Recall that the coin lost almost 40% in value last month. A report from CoinShares says that capital outflows from bitcoin-focused funds intensified over the past week. Institutions have withdrawn from such products about...

Analysts at hedge fund SkyBridge Capital believe that investors need to stay in bitcoin despite the recent drop in bitcoin's value. The attractiveness of BTC has dropped markedly due to the bearish trend that has dominated the market since mid-May. Hedge fund manager Troy Gayesky urges players not...

Back in the summer of 2019, Donald Trump, who was then president of the United States, tweeted that the dollar is the world's leading financial instrument. Unregulated digital assets like bitcoin are used by criminals to launder money. Trump then stressed that real threats to the state's economy...

On June 7, enterprise analytics and software solutions entity MicroStrategy revealed starting to receive $400 M via a private offering of senior secured notes. The goal is to use the net income from the sale to increase its Bitcoin holdings. MicroStrategy Announces Proposed Private Offering of...

The price of the first cryptocurrency could drop to $30,000 or even $23,000, said Jurrien Timmer, head of macroeconomic research at asset manager Fidelity Investments. He compared bitcoin price trajectories to investment bank Goldman Sachs' Retail Favorites Index based on stocks popular with retail...

El Salvador could be the first country in the world to recognize bitcoin as legal tender. The corresponding bill was prepared by the team of the President of this Latin American state, Naib Bukele. The text of the document will be published this week. At the Bitcoin 2021 conference in Miami, Jack...

Cryptography and blockchain technology firm Blockstream and payments operations provider Square teamed up to create a solar-based Bitcoin mining facility. On June 5 Blockstream issued a blog post informing it received a $5 M investment from Square to provide the framework and arrange the project. ...