Bitcoin (BTC) News

Virginia-based monetary and investing advice company announced investing $5 M in Bitcoin. The purchased coins will be added to the company's assets-and-liabilities as well as to its "10X" campaign. That means Motley Fool expects Bitcoin price to reach $500.000 within 15 years. The...

Today Bitcoin set another all-time high of $51.000. On February 15, the price surpassed $49500, and the day after that it went up to $50.000. At the moment the leading cryptocurrency trade at around $50.800. The market cap stands at $944 Billion at the moment. Along with this, miners' revenues...

Researchers from the Glassnode team found that mining pools started selling fewer bitcoins in February. In January, by contrast, they were actively selling coins to earn as much as possible. By the beginning of this month, the miners received enough funds and switched to accumulative tactics. The...

New-York based international investment bank and financial services provider Morgan Stanley announced it may add Bitcoin to its list of bets. The firm's wing Counterpoint Global views the option and is waiting to get confirmation from the firm and regulators. Counterpoint Global is a $150 B...

Financier Peter Schiff is widely known as one of the fierce critics of Bitcoin. He repeatedly on Twitter and during a conversation with reporters noted that BTC is an ordinary pyramid that will inevitably collapse. Schiff believes that cryptocurrency is growing in value only due to the influx of...

On Valentine's Day Bitcoin's price hit $49500 surpassing its previous record of $48.000 reached on February 9. At the moment, the leading cryptocurrency trades at around $47.300. Despite price ups and downs, the bullish trend continues for BTC. On February 8, Tesla Inc. announced investing $1.5...

Commissions in the Bitcoin network are growing, the day before the average transaction fee was just over $ 25. Miners last Thursday earned $ 4.06 million in just an hour - this is the maximum figure in the entire history of the BTC blockchain over such a period. This is the conclusion reached by...

If Andrew Young wins the mayoral elections in New York, he promises to make this metropolis a platform for the massive use of bitcoin within the city. The politician wrote about this on Twitter. As mayor of NYC - the world’s financial capital - I would invest in making the city a hub for BTC and...

The monetary regulatory executive of Canada's most populated province Ontario has given its approval to a Bitcoin ETF (exchange-traded fund). ETF is a security category that involves a combination of securities—such as stocks. However, they can invest in numerous industry fields or use different...

If on February 7 the average cost of one transaction on the Bitcoin network was just over $ 11, now it reaches $ 25.4. This is evidenced by the latest data from the BitinfoCharts service. Transaction fees soared after it was revealed that Tesla had invested $ 1.5 billion in BTC. Over the past three...

Galaxy Digital CEO Mike Novogratz predicts further growth in the value of bitcoin (BTC). On Bloomberg TV, he said that the price of the cryptocurrency could reach $ 100,000 by the end of this year. On Tuesday, February 9, the BTC rate exceeded $ 48,000, but the coin could not keep at this level....

On Monday, Tesla Inc. announced buying $1.5 B in Bitcoin. The company wrote about the purchase in its 2020 annual report. Within a few hours, the price of the cryptocurrency grew by 22%, setting a new all-time high. Bitcoin is getting more and more closer to $50.000. At the moment, it trades above...

According to Michael Wu, CEO of Amber Group, Bitcoin (BTC) should not be classified as a bubble. Volatility is likely to remain, for now, however, BTC has already emerged as a class of reliable assets, the businessman said in an interview with CNBC. Many investors are suspicious of cryptocurrency...

CEOs need to move away from popularizing Bitcoin, which could pose threats to consumers. That point of view is shared by Klarna CEO Sebastian Semyatkovski. The top manager stressed that a tool has appeared on the market that does not have any security. This financial product poses real threats to...

January 2021 turned out to be very successful for bitcoin miners. They generated $ 1.09 billion in revenue, the highest since December 2017. As The Block clarifies, in January 2018, mining pools were able to earn about $ 1.02 billion. In December 2017, they received an income of $ 1.25 billion....

In a chat session of the social media application Clubhouse, business magnate Elon Musk told the community he assumes BTC is about to receive broader adoption by conservative financiers. The conversation took place on Sunday. Musk also added he doesn't have a strong belief in other crypto assets....

On January 29, the price of BTC jumped more than $ 5,000 an hour after SpaceX founder and Tesla CEO Elon Musk added the hashtag #bitcoin to his Twitter profile. The price peaked at $ 38,000 after "advertising bitcoin" on the page of the richest person in the world at the...

Existing cryptocurrencies do not have a suitable model that would allow them to work as a means of payment in the long term. Governor of the Bank of England Andrew Bailey said this at the World Economic Forum in Davos. In a separate session entitled “Restarting Digital Currencies,” Bailey noted...