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Bitcoin (BTC) News


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Scaramucci about BTC investments

Anthony Scaramucci Finds Bitcoin a Safe Investment

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American financier, the founder of SkyBridge Capital, Anthony Scaramucci thinks that with developed infrastructure and regulation, Bitcoin investments are "as safe as owning bonds and commodities like gold." SkyBridge Capital launched a new Bitcoin fund on January 4. The president and...

Crypto market cap 01.22.2021

Crypto Market Cap Shows Uncertainty as BTC Price Fluctuates

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On January 21, the Bitcoin price fell under $30,000 for the first time since January 4. This increased wave of selling pressure on the cryptocurrency market. At the moment, the cryptocurrency trading rate is nearly $31.460. The global crypto market cap saw over a 4.71% decline in the last day....

Bitcoin

In 2020, the share of the illegal use of BTC has decreased

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Researchers from the Chainalysis company found that in 2020 the share of the illegal use of bitcoin and other cryptocurrencies has significantly decreased. However, such tools are still very popular among criminals because they can be used to send funds anonymously, the analysts said in a report....

Bitcoin

Ruffer predicts gradual institutional adoption of Bitcoin

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British financial firm Ruffer Investment believes institutional investors will gradually move into bitcoin. That is stated in the review of the giant, dedicated to assessing the market situation over the past six months. The authors noted that as early as last year, there was a tendency in which...

Bitcoin

US Treasury Ex-Secretary predicts BTC price will increase

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Former US Treasury Secretary Lawrence Summers said that bitcoin will not collapse, its price will continue to rise in the long term. “The cryptocurrency looks much more resilient after the price set a new record and then declined,” he said. Summers believes that the reason for the continued...

Elon Musk

Musk supported BTC as a shield against the madness of banks

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SpaceX founder and Tesla CEO Elon Musk has been active in Bitcoin-related discussions lately. Recently, the author of the book "Bitcoin Billionaires" Ben Mezrich tweeted that, in the future, he will never give up receiving payments in Bitcoin. In response to a tweet from Mezrich, Musk...

Bitcoin

Pantera Capital CEO expects BTC to skyrocket to $115K

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By August 2021, Bitcoin will be able to skyrocket to $ 115,000, Pantera Capital CEO Dan Morehead said. Moreover, he expressed this point of view earlier. Back in August last year, the CEO of Pantera Capital said that the largest digital currency would periodically renew highs. We are now entering...

Darknet

Over 340 ads for COVID vaccines sale found on the darknet

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Fake advertisements for the sale of COVID-19 vaccines are spreading on the darknet, for which they ask for payment in bitcoins. Specialists found more than 340 similar ads on 34 sites. According to Check Point's calculations, there were eight such pages back in December. The average cost per dose...

Ki Young Ju

CryptoQuant CEO expects institutionals to keep BTC over $30K

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On Thursday, January 14, bitcoin is trading slightly above $ 37,390. Cryptocurrency capitalization per day increased by more than 9% to $ 693.7 billion. BTC is gradually recovering positions lost as a result of the fall at the beginning of this week. Last Monday, bitcoin on some trading floors fell...

Whales

Whales took advantage of the fall in BTC and risen purchases

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The fall in the value of bitcoin last Monday was used by large cryptocurrency holders. It was these players who strengthened the purchases of BTC and prevented it from falling below $ 30,000. Although some analysts did not rule out a scenario in which support would return only in the region of $...

Bitcoin

Bitcoin skeptics woke up and comment on the fall of crypto

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Yesterday's drop in the value of bitcoin was commented on by many experts, including skeptics and outright enemies of the largest cryptocurrency. Financier Peter Schiff was one of the first to react to the weakening bitcoin rate. On Twitter, he recalled that last Friday, BTC reached $ 42,000, and...

Bitcoin

Number of active bitcoin addresses has reached a new high

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Since the beginning of January 2021, against the background of the rapid growth in the value of bitcoin to a new maximum, the number of addresses on the network making daily transactions has increased. A report from the LongHash team says that since BTC surpassed $ 37,000, network activity has hit...

Bitcoin

Bitcoin cap amounted to 7% of the total market value of gold

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The rise in price to $ 40,000 and above significantly increased the capitalization of the leading crypto bringing the indicator a little closer to the market value of gold. According to Gold.org, the approximate market value of all mined gold is $ 10.6 trillion. Bitcoin's market cap at the time of...

Morgan Stanley BTC

Morgan Stanley Acquires 11% Stakes at MicroStrategy

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New York-based multinational investment bank Morgan Stanley had acquired 792,627 shares in business intelligence firm MicroStrategy. This is a 10.9% stake in a company that has made large investments in Bitcoin over the last several months. MicroStrategy has shown interest in the crypto industry...

Altcoins BTC rally

Altcoins After BTC Hitting $40.000

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On January 7, Bitcoin set a new all time high, breaking $40.000. The next day the price surpassed $41.000. Rate growth of various altcoins followed this, proving the bullish movement to be really strong. The trading volume of the leading cryptocurrency reached $99 Billion. At the moment, BTC is...

SkyBridge BTC funds

SkyBridge Capital Has Put $182 M in BTC

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New York-based global investment enterprise SkyBridge, which owns $9.3 B worth of capital, intends to launch a Bitcoin fund on January 4. The organization submitted papers to the Securities and Exchange Commission on December 21. As mentioned in an investor brochure, the total sum of SkyBridge's...

India

Indian regulator proposes 18% tax on bitcoin trading

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The Central Bureau of Economic Intelligence of India (CEIB) is proposing an 18% tax on crypto trading. The agency classifies BTC as an "intangible asset". That is a Goods and Services Tax (GST). The government is currently considering a suggestion that would levy a tax on every bitcoin...

BTC mining new high

Bitcoin Miner Profits Reaching a New High

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BTC miner profits measured by terahash in a second (TH/s) has surged to a new high. TH (tera, 1 trillion) is one of the Bitcoin hash rate units. And hashrate is a scale of the computational power per second used during mining. Simply putting, it is the speed of the mining process. The latest...