Bitcoin (BTC) News

The Bank of Canada has had a negative attitude towards Bitcoin and other cryptocurrencies over the past few years. Back in 2019, the head of the Central Bank Stephen Poloz noted that it is better to use fiat money, not BTC. A similar statement was published by the Canadian regulator at the end of...

While most cryptocurrencies have been seeing major declines through the week, some of the BTC exchange-traded funds of Canada face problems. The news came from Financial Times which announced that two funds run by Horizons ETFs issued a market disruption warning for investors. That is a situation...

The report of the investment bank JP Morgan says that the fall in the value of bitcoin was the result, among other things, of the transition of some large investors to gold. Today the cryptocurrency is trading at $ 38,900. The day before, the bitcoin rate fell below $ 31,000. Support returned on...

After seeing a major decline and dropping to $30.600, the price of Bitcoin seems to be recovering. The cryptocurrency gained $10.000 in a day and currently trades at around $39.900. BTC dominance index stands at 43.09% which is up by 2.7% in a day and the market cap is $753.9 billion. Most...

Crypto management platform BlockFi sent users large sums in Bitcoin by mistake. The payments were thought to be done in terms of a promotion that rewarded users with bonuses in USD stablecoins. The promotional period lasted from March 18 to 31 and the rewards were to be transferred to people's...

A petroleum dollar backed by the US military threatens the environment more than mining the first cryptocurrency. This was announced by Alex Gladstein, Strategy Director of the Human Rights Foundation, and David Energy co-founder James McGinnis, on the Unchained podcast. According to Forbes, in...

Today, May 18, business intelligence company MicroStrategy announced another major Bitcoin purchase. The company purchased 229 BTC for $10 million. Currently, MicroStrategy's bitcoin holdings are about 92,079 units traded for over $2.2 billion at an average price of 24,450. MicroStrategy has...

Miami-based luxury yacht rental company Prime Experiences has added the ability to pay for services in BTC. With the introduction of the new function, the firm plans to generate a profit of $ 6.5 million for the year. The expected figure is twice the previous one. “Many doors have opened with...

According to DoubleLine CEO Jeffrey Gundlach, Bitcoin is a common speculative instrument. It is used by a certain group of investors who siphon money out of most traders. In this regard, we see a lot of similarities with a regular casino, the billionaire said in an interview with Yahoo Finance....

For the first time since mid-2018 Bitcoin dominance index fell as low as 40.6%. The market cap of the coin is under $1 trillion and stands at about $843 B. The BTC price has seen over a 22% decline during the previous 7 days. Currently, it trades at around $45.000. Bitcoin saw a major decline on...

The founder of the SkyBridge Capital investment company Anthony Scaramucci divined that in the coming year one of Elon Musk's companies will enter the market of environmentally friendly cryptocurrency mining. “Elon is not a man of half measures. I predict he will revolutionize the bitcoin mining...

On May 13 Virginia-based business analytics firm MicroStrategy revealed acquiring 271 Bitcoins for $15 M. The average cost of one unit was about $55.387. The company's CEO Michael Saylor informed that overall MicroStrategy holds around 91,850 bitcoins purchased for about $2.241 B. MicroStrategy...

The mining difficulty of BTC reached a new high of 25.05 trillion, which means about a 21.53% increase. As it is known mining is the process of new bitcoins adding the circulation and the difficulty indicates how complicated it is to mine a block or how much calculational effort it requires. ...

Today, May 13, Tesla CEO Elon Musk informed that the company is no longer allowing payments in Bitcoin. In the tweet posted by Musk, he mentioned that the reason is BTC's using a large amount of energy which is bad for the surroundings. When the coin starts using more environment-friendly energy,...

Data analysis software developer Palantir Technologies is considering investing in bitcoin and other cryptocurrencies. Writes about this CNBC concerning a statement for investors. The company announced financial results for the first quarter of 2021 and noted that digital assets are "clearly...

American billionaire investor, hedge fund manager Stanley Druckenmiller finds that cryptocurrencies can solve problems created by the Fed’s controversial policy at the time of the global pandemic. He noted that the dollar is at the risk to lose its global reserve currency position. The dominance...

The US National Football League (NFL) star Tom Brady changed his Twitter profile pic to one where he has laser eyes to support Bitcoin. Earlier rumors were spread that the player has invested in BTC. #NewProfilePic pic.twitter.com/W1UQ4yoQHz— Tom Brady (@TomBrady) May 10, 2021...

A man from the US state Tennessee, Nelson Repogle used BTC to order his wife's assassination. He contacted the hitman via a murder-for-hire online platform. Fortunately, the FBI succeeded to prevent the crime. The case was discovered by FBI Special Agent Clay Anderson. Repogle sent the hired...