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Bitcoin (BTC) News


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Bitcoin Conference 2021 Miami

BTC Conference 2021: The First Day

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The biggest BTC conference with around 12.000 participants was started in Miami on June 4. It will be over on June 5. Miami major Francis Suarez opened the conference. He mentioned the importance of BTC in making Miami a technological leader. The head of growth at the crypto exchange Kraken Dan...

Square Bitcoin wallet

Jack Dorsey Says Square Aims to Launch a BTC Hardware Wallet

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San Francisco-based financial services company Square intends to launch a Bitcoin hardware wallet. The company's CEO Jack Dorsey shared the news on Twitter. Dorsey says the building process from engineering to design is going to be open and with the community's cooperation. He posted series of...

Paxful

Paxful launches B2B Bitcoin payment acceptance service

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P2P platform Paxful has launched a service that allows businesses around the world to accept BTC. Their customers can choose from over 400 payment methods. Paxful Pay converts the money received from the customer into digital gold and sends it to the merchant's wallet. Clients of the service can...

Elon Musk Bitcoin Tweet

Elon Musk's New Tweet About BTC Has a Vague Concept

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Tesla and SpaceX CEO Elon Musk referred to Bitcoin once again in his tweet. On June 4, he posted a meme-like tweet about a breakup citing the words of Linkin Park's song "So, in the end, it didn't even matter?". In the description, Musk put Bitcoin's hashtag and the broken heart emoji. ...

Turkey

Turkish CB criticized BTC's negative impact on environment

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The Central Bank of the Republic of Turkey presented a report to parliament detailing its views on cryptocurrencies. The document, which fell into the hands of journalists, lists the inherent risks of digital assets. In particular, the Central Bank drew attention to environmental problems....

Ron Paul about crypto

Former US Politician Ron Paul Finds BTC Is Money

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Ron Paul, former U.S. Representative for Texas's 22nd congressional district, said in a recent interview that he finds Bitcoin is a form of money and should be treated like that. There were discussed topics as inflation and issues with money printing and supply. Dr. Paul has always been a...

BTC

Number of active BTC addresses reduced to min in six months

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Events in May 2021 led to a decrease in bitcoin on-chain activity. The 7-day moving average of active addresses has dropped to its lowest since November 2020. The peak of the indicator fell in January of this year, the maximum value in May (1.235 million) almost reached it. Analysts stressed that...

Max Kaiser

Max Kaiser predicted Bitcoin's rise to $220,000

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Max Kaiser, TV presenter and founder of Heisenberg Capital, expects the price of bitcoin to rise by 500% in the second half of 2021 to reach $ 220,000, according to Scott Melker's The Wolf Of All Streets podcast. In his opinion, the inflation of the US dollar stimulates the strengthening of the...

Ireland

Central Bank of Ireland opposed Bitcoin

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At the end of last week, the head of the Central Bank of Japan, Haruhiko Kuroda, criticized bitcoin and called it a speculative instrument. Before this, the cryptocurrency was attacked by the leaders of the Central Banks of Canada, Great Britain, and several other countries. Now they are joined by...

BTC decline in May

Bitcoin Saw One of Its Greatest Declines in May 2021

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In May Bitcoin's price saw a 36% decline, which is the worst drop after November 2018. The cryptocurrency was traded at around $58.000 at the beginning of May and closed the month with a price of about $37.000. Data shows that 47% fall happened from 14 May to 20 resulted in $14.2 billion...

Bitcoin

Monthly trading volume on BTC exchanges exceeded $2 trillion

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In May 2021, the trading volume on crypto exchanges reached a record high of $ 2.27 trillion. The Binance trading platform is ranked #1 in the crypto-to-crypto segment (the main exchange does not offer USD trading). Trading volume in May - $1.5 trillion. Bitcoin exchange Coinbase leads the...

Bank of Canada

Bank of Canada promises its token will be cleaner than BTC

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The Central Bank of Canada has no plans to launch a CBDC yet. However, the deputy head of the Central Bank Timothy Lane has already promised that the regulator’s token will be much more environmentally friendly than bitcoin. If the largest cryptocurrency causes huge harm to the environment and is...

Todd Morley

Guggenheim co-founder calls Ether more useful than Bitcoin

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The second-largest cryptocurrency in terms of capitalization is much more useful than bitcoin thanks to the presence of smart contracts, said Todd Morley, co-founder of Guggenheim Partners and head of the Overline blockchain project. Another distinguishing feature of Ethereum, Morley called the...

ARK Invest Bitcoin

ARK Invest Bought $22 M Worth of Bitcoin

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New York-based investment management company ARK Invest, which is focused on innovations, put $22 million into Bitcoin. The investment is shown in the company's daily purchase report that publishes trades carried out through ETFs. On May 23, the ARK Next Generation Internet ETF bought 516.001...

Colorado

Colorado authorities admit the chance of paying taxes in BTC

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Colorado may become the first state to allow residents to pay taxes in cryptocurrencies. Governor Jared Polis will discuss this possibility with the State Treasury Secretary. “Colorado is and will remain the center of blockchain innovation in infrastructure, digital identity, and personal data...

Elon Musk about Dogecoin and BTC mining

Elon Musk on DOGE Development and Changes in Bitcoin Mining

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On May 24, Elon Musk tweeted about Doge, suggesting people interested in the coin's development share ideas on GitHub and Reddit forums. If you’d like to help develop Doge, please submit ideas on GitHub & https://t.co/liAPQMFaQB @dogecoin_devs— Elon Musk (@elonmusk) May 24, 2021 ...

Ray Dalio holds bitcoins

Billionaire Ray Dalio Unveiled He Owns BTC

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American billionaire entrepreneur, the founder of the largest hedge fund Bridgewater Associates, Ray Dalio disclosed he holds some Bitcoins during Coindesk's 2021 Consensus Conference. The billionaire talked about types of inflations stating he prefers Bitcoin over a bond in such case. He finds...

Domino's pizza

Dutch franchise Domino's pizzeria offers a salary in BTC

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In honor of the annual holiday Bitcoin Pizza Day, the management of the Dutch franchise Domino's Pizza offered employees to receive a salary in the first crypto. Immensus Holding operates 16 Domino's pizzerias in the Netherlands with over 1000 employees. They will be able to decide how much of...