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Bitcoin (BTC) News


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Mark Zuckerberg Bitcoin

Mark Zuckerberg Named One of His Goats Bitcoin

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Media magnate, Facebook co-founder Mark Zuckerberg posted a photo of two of his goats on May 10. In the description, he said that the names of the goats are Max and Bitcoin. The post raised various discussions among the users. Many posted that it might mean that Zuckerberg supports BTC and or...

Miami

Luxury condominium in Miami began selling apartments for BTC

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Arte Surfside condominium boutique has opened the sale of apartments in Miami for BTC and Ethereum as part of a partnership with the SolidBlock trading platform. According to the press release, the cost of the apartments starts at $10.3 M or the equivalent in crypto. Arte explained the decision to...

Square Bitcoin revenue

Square's BTC Revenue Grew 11 Times

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On May 6, American financial services and digital payments company Square released a shareholder letter for the first quarter of this year. As the paper shows, Square's P2P payment solution Cash App generated $3.51 B of BTC revenue during Q1, 2021. For the same interval of the previous year,...

Bitcoin

Unknown has moved "sleeping" since 2013 500 BTC

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On Tuesday, May 4, 500 BTC (about $ 27.6 million) went into motion for the first time since consolidation in 2013. This address received funds from dubious exchanges. He is ranked at an average level of risk. In March 2021, the Telegram channel announced the first movement of 5,000 BTC (about $ 284...

Mercado Libre buys Bitcoin

E-Commerce Company Mercado Libre Made $7.8 M BTC Purchase

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On May 5, Buenos Aires-based e-commerce technology firm Mercado Libre published the Q1 results of the company, where it stated buying $7.8 million worth of BTC. The firm added recently acquired coins to its balance sheet. In the issued press release Mercado Libre published the progress of the...

China

China is steadily losing its status of the largest BTC miner

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China continues to control the lion's share of the BTC hashrate. However, in the expert environment, some have already paid attention to factors signaling a gradual decrease in the influence of the Celestial Empire on the BTC network. According to Chun Wang, co-founder of one of the greatest mining...

New York Bitcoin mininig

New York May Freeze BTC Mining to Protect the Environment

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A bill brought in the NY State Senate considers halting BTC mining for 3 years to study deeply its consequences for the surroundings. Bill 6486 was put forward by Senator Kevin Parker to the Senate's Committee on Environmental Conservation. If approved Bitcoin mining will be allowed only after a...

S&P Dow Jones Ether BTC

S&P Dow Jones Indices Issued BTC and Ether Indexes

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Widely followed American stock market S&P Dow Jones presented indexes of BTC and Ether. The entity first disclosed the intention in December 2020. The initial plan was to launch indices for the leading 550 most exchanged crypto coins and tokens. Released S&P Bitcoin Index (SPBTC) and...

Charlie Munger about Bitcoin

Charlie Munger Considers BTC Success "Disgusting"

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American billionaire businessman, vice-chairman of the US-based international conglomerate holding firm Berkshire Hathaway, Charlie Munger considers Bitcoin advancement "disgusting". He stated this opinion at the yearly meeting of the company held on May 1. Although Munger has never...

Bitcoin

Bitcoin miners earned $ 1.7 billion in April

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The income of the miners of the first cryptocurrency in April was $ 1.7 billion. The indicator yielded the record revenue in March when it reached $ 1.75 billion. Of the total miners' income in April, 14.51% came from transaction fees - $ 247...

Bitcoin

BTC ends April in the red zone for the first time in 6 years

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Since 2015, every April has proven to be a successful month for Bitcoin. However, this year's winning streak will be interrupted. The largest digital currency is ending its second month of spring in the red. On the night of Friday, April 30, the BTC rate fell to $53,000. The capitalization of...

Genesis mining grows

Genesis to Buy $94 M Worth of Mining Equipment From Canaan

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BTC mining firm Genesis has ordered machines valued at $93.63 from computer hardware manufacturer Canaan. Particularly, Genesis is going to receive Canaan's most recent AvalonMiner A1246 model, which has a hashrate capacity of 90 tera hashes per second (TH/s). Currently, the BTC computing potential...

Bitcoin

American football player will receive his salary in bitcoin

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Kansas City player Sean Culkin is the first in the National Football League (NFL) to receive a 2021 salary of $ 920,000 in bitcoin. Culkin called it "not the wisest financial decision." However, he added that he is counting on long-term investments. Another footballer, Trevor Lawrence,...

Tesla sells 10% of its BTC

Tesla Benefits $272 M Selling 10% of Its Bitcoins

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On Monday electronic car company Tesla reported its financial results for the first quarter of this year. It became known that the business owned by Elon Musk sold 10% of its $1.5 Billion worth of Bitcoin holdings acquired in February. The report stated that Tesla holds and may invest in digital...

Caracas Air

Caracas Air accepts Bitcoin as a payment method

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Caracas Air, the largest aviation training center in Venezuela, has begun accepting the first cryptocurrency for training payments. For those who choose the new form of payment, the school is ready to provide discounts and funding plans, said Oliver Laufer, co-founder, and CEO of Caracas Air....

Tim Draper

Tim Draper believes bitcoin will help the global economy

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Renowned financier Tim Draper is on the list of so-called "bitcoin bulls". Back in April last year, he announced that over the next few years, the BTC rate would reach $ 250,000. Draper attended the Collision Online Summit late last week. During his speech at this event, the financier...

Grayscale Bitcoin Trust down

Grayscale Bitcoin Trust to Hit Laws

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The Grayscale Bitcoin Trust (GBTC) hit a record low of -18.92% on April 22. This means that the market price of GBTC shares is 19% down than its net asset value (NAV). GBTC started trading at a discount price first time in late February. There are several reasons for this. One of the main ones is...

Pantera Capital CEO BTC

Pantera Capital CEO Assumes BTC May Hit $200.000 by 2022

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The CEO of California-based venture capital firm Pantera Capital, Dan Morehead assumes that the price of Bitcoin may break $200.000 by 2022. He shared the analysis on social media. Morehead's view is based on the growing number of BTC adoption. In the published paper, he presented statistics that...