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Bitcoin (BTC) News


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Hashrate

Bitcoin hashrate has updated its all-time high

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The total amount of computing power in the network of the first cryptocurrency reached a record high of 179.4 EH/s. On April 2, a recalculation of the difficulty of bitcoin mining took place - the indicator increased by 5.82%, reaching a record 23.14 T. Ethan Vera, CTO of the Luxor mining pool,...

Sacramento Kings BTC

Sacramento Kings to Offer Staff BTC as Salary

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The players of the American famous basketball squad, Sacramento Kings will be able to get their salaries in BTC. The CEO of the association Vivek Ranadivé revealed the news on April 5 in terms of the Clubhouse talk. He was a host of the room “Draper and Friends” created by a successful venture...

Marathon

Marathon increases Bitcoin reserves to 5134 coins

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In the Q1 of 2021, the American mining company Marathon Digital Holdings mined 196 BTC. The total assets of the firm in the first cryptocurrency reached 5134.2 BTC worth about $ 301 million. In January, Marathon allocated $ 150 million from reserves for the purchase of the first crypto. The company...

Microstrategy investment April

MicroStrategy Invested Another $15 M in BTC

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Another time, business analytics platform Microstrategy invested $15 million in Bitcoin by acquiring 253 coins. The company announced the news via a blog post on April 5. Thus, the total sum of the firm in BTC surpassed $5.4 B. Michael Saylor, the CEO of MicroStrategy wrote on Twitter that the...

Grayscale BTC trust ETF

GrayScale Intends to Change Its BTC Trust Into an ETF

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Leading digital currency asset manager on the global scale, Grayscale announced its plans to turn the BTC Trust (GBTC) into an ETF. The asset manager filed a paper with the US SEC. Grayscale requested an ETF authorization back in 2016 but took back the request because of regulatory issues....

BTC

Bitcoin dominance index plunges to a seven-month low

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Against the background of the stagnation of bitcoin (BTC), the rest of the cryptocurrencies are confidently strengthening their positions. The BTC dominance index is now at its lowest level in seven months. This indicator fell to 55.9% in early April. The price of bitcoin on Monday, April 5, fell...

Tyler Winklevoss on Bitcoin Ban

Tyler Winklevoss Says BTC Left Behind the Risk of US Ban

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The Gemini CEO Tyler Winklevoss believes it's unlikely Bitcoin will get banned in the US. First, he expressed this opinion via a tweet on March 27. Later, on April 3 Winklevoss brothers had an interview with Peter McCormack in terms of the "What Bitcoin Did" podcast. Another fun...

Peter Schiff another BTC tweet

Peter Schiff Made an April 1 Joke About Bitcoin

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On April 1, American stockbroker, financial strategist, and radio personality Peter Schiff tweeted about Bitcoin saying he changed his mind about the cryptocurrency. This was great as the businessman is one of the biggest Bitcoin critics and thinks that the coin is a bubble. However, later Schiff...

Bitcoin mining difficulty

BTC Mining Difficulty Reaches New Highs

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BTC mining difficulty has gone up to new highs after a comparatively slower period of few months. Data reveals that the Bitcoin network's mining difficulty indicator reached 23.14 Trillion on April 1, 2:00 UTC. This is 5.82 higher than the previous record set on March 20. In terms of the...

Tesla

Tesla helps fix BTCPay Bitcoin processing bug

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Tesla pointed out a vulnerability in the code of the BTCPay Server processing service. The developers have released an update and expressed gratitude for the assistance. BTCPay founder Nicholas Dorier said that Tesla contacted the developers after conducting an audit. The service representatives...

Bitcoin performance

Bitcoin Is Seeing Its Best Performance Since 2013

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BTC has been seeing the best quarter of its performance after the year 2013. The first quarter of 2021 came to the end. The majority of top cryptocurrencies have made progress during this interval. The entire market cap of all crypto assets stands at around $1.9 trillion currently. Bitcoin trades...

Blockstream

Blockstream will launch Bitcoin hashrate-backed token

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Infrastructure company Blockstream has announced the release of security tokens designed to make it easier for investors to mine the first cryptocurrency. Each Blockstream Mining Note (BMN) will grant the owner the right to mine bitcoin with a hash rate of 2000 TH / s at the company's facilities in...

CoinShares

CoinShares records weakening institutional interest in BTC

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Analysts at the asset management company CoinShares found out that the interest of institutional investors in cryptocurrencies has decreased by the end of the past week. The team's report says that last week ending March 27, investments in crypto-focused products totaled just $ 21 million, the...

Bitcoin

Bitcoin dominance index plunges to six-month low

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Bitcoin tried to resume expansion earlier this week and break above $ 60,000. However, the coin was able to only briefly exceed $58,000 and then rolled back again. On the night of Tuesday, March 30, the BTC rate is holding around $ 57,750. The bitcoin dominance index is now at its lowest value...

Bank of Korea

Bank of Korea believes that CB tokens will replace bitcoin

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If central banks launch CBDCs, then Bitcoin will lose popularity among investors. This is the opinion of the leadership of the Bank of Korea. The head of the regulator Li Zhu-Yeol stressed that BTC will gradually become history, as the decentralized cryptocurrency will simply cease to be used....

Bitcoin

Long-term Bitcoin storage trend continues to dominate

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Bitcoin supporters, or so-called hodlers, continue to hoard cryptocurrency despite periodic pullbacks. Many analysts often pay attention to this trend. The Glassnode team found out that the Bitcoin market supply fell to a three-month low (45.36%). More than half of the cryptocurrency is now stored...

Charles Hoskinson

According to Hoskinson US will not ban bitcoin

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Charles Hoskinson, CEO of the IOHK company behind Cardano, vehemently rejected the possibility of a US government banning the first cryptocurrency. During the AMA (ask me anything) session, he said: “This ship sailed. Bitcoin is not...

Iridium

In 2021 Iridium is better than Bitcoin

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One of the rarest metals, iridium, has risen in price by 131% since the beginning of the year, ahead of bitcoin, which added 85% in price. A byproduct of platinum and palladium mining, the metal trades at $ 6,000 an ounce. At the beginning of the year, quotes were slightly below $ 2,600. The rally...