Bitcoin (BTC) News

Image editing software organization Meitu stated investing around $28.4 M in Eth and $21.6 M in BTC. The name of the application is translated as "beautiful face" from Chinese. It is widely used in China, Hong Kong, and Taiwan with nearly 300 million monthly active users, according to its...

Long-term holders of bitcoin, or so-called hodlers, have significantly raised their cryptocurrency reserves over the past ten months. The trend for long-term accumulation of BTC continues to dominate, according to a study by Arcane Research. The outflow of bitcoins is increasing from cryptocurrency...

Mining Bitcoin became more rewarding. Data from blockchain analytics protocol Glassnode shows that a few days ago the revenue hit a new all-time high of $52.3 M daily. Glassnode wrote that this amount is a positive indicator of Bitcoin network security. On-chain transfer fees paid based on...

More and more investors perceive bitcoin as a tool for hedging inflationary risks. They try to buy cryptocurrency to secure their savings. We are witnessing a qualitative shift in the minds of people who were previously skeptical of BTC, Galaxy Digital CEO Mike Novogratz said on CNBC. The...

MicroStrategy's management continues to ramp up its bitcoin investment. According to its CEO Michael Saylor, his team recently bought another 252 BTC at $ 57,140 per coin. Sailor posted similar statements on Twitter before. At the moment, a total of 91,330 bitcoins are under the control of...

Richard Byworth, CEO of cryptocurrency company Diginex, is very optimistic about the outlook for Bitcoin by early 2022. “We are expecting a price of around $ 175,000 per bitcoin by the end of this year,” Byworth said Monday, March 15, in an interview with Bloomberg. According to him, we are...

The price of Bitcoin saw 23% growth in the last week. Today the leading cryptocurrency broke another record hitting $60.000. The market capitalization of the coin stands above $1 Trillion. After hitting $58.000 in February, Bitcoin price has been seeing huge volatility. It fell below $50.000 which...

On March 12, Valkyrie Digital Assets submitted a paper with the Securities and Exchange Commission (SEC) for running an exchange-traded fund (ETF). Note that ETFs work like shares in businesses. As reported, the fund plans to invest in firms of all sizes, including non-US firms. Besides common...

Many cryptocurrency holders have taken notice of the explosive rise in the price of Cardano (ADA). This altcoin not only achieved great results in February-March but also broke into the top three largest digital currencies. Now the ADA rate is holding around $ 1.13, the coin has begun to suffer...

Back in early March, it became known about the intention of the American investment bank Goldman Sachs to launch operations with digital assets. For this, the financial giant has conceived already this month to provide an appropriate platform with a set of investment products focused on...

Leading cinema operator and entertainment services provider in Thailand, Major Cineplex Group now enables buying tickets with BTC. Local press Siam Rath states that the broadest cinema chain launches a crypto payment study project to assist innovations. For this purpose, Cineplex teamed up with a...

American stockbroker, the CEO of Euro Pacific Capital Inc., Peter Schiff announced on Twitter that his son Spencer Schiff moved 100% of his portfolio investments into Bitcoin. My son @SpencerKSchiff went all in on #Bitcoin on the last drop below $50k. 100% of his portfolio is now in Bitcoin. He...

Israeli press announced that in two months Tel Aviv-based Investment House Altshuler Shaham boosted $100 M by investing into the Grayscale Bitcoin Trust (GBTC). The move came at the end of 2020 when BTC was purchased at about $21.000. Altshuler Shaham is the only establishment in Israel that...

Bitcoin has made another leap this week. BTC capitalization exceeded $ 1 trillion for the first time since mid-February. However, among Twitter users, anxiety has increased again. People again began to doubt that Bitcoin would hold above $ 50,000. According to the Santiment team, Twitter activity...

Crypto ATM locations map Coin ATM Radar's insights show that 10.000 new Bitcoin ATMs have been placed since March 1, 2020, on a global scale. Presently, there are 16.835 automated tellers overall. The main part of them, 13.699 machines are placed in the USA. Since March 1, 2020, the number of...

The capitalization of Bitcoin again exceeded $ 1 trillion. Over the past 24 hours, the value of the cryptocurrency has jumped another 7%. Thus, the capitalization of BTC has exceeded $ 1 trillion for the second time in its history. Recall that for the first time the value of all bitcoins on...

The US government periodically holds auctions to sell confiscated cryptocurrency. It became known yesterday that a similar event will take place again next week. Federal officials will try to sell 0.7501 bitcoin. The lot size is scanty compared to previous auctions. However, the organizers of the...

Altcoin Cardano (ADA) was able to show a different trajectory in the market from Bitcoin in February. According to Skew, the correlation between the two cryptocurrencies has been negative for the past 30 days. The researchers emphasized that the lack of dependence of altcoins on BTC is extremely...