Bitcoin (BTC) News

On Friday, major business analytics organization MicroStrategy informed about the completion of a $650 Million contribution of 0.75% convertible senior notes. This means the firm must return funds to the participants at a rate of 0.75% annually, beginning from June 2021 and lasting through June...

Massachusetts Mutual Life Insurance (MassMutual) has invested $ 100M in BTC through the New York Digital Investments Group (NYDIG) crypto fund. MassMutual also got a $ 5M stake in NYDIG. NYDIG is one of the fastest-growing investment companies in the cryptocurrency market with $ 2.3 billion under...

The Venezuelan authorities are using Bitcoin to finance the supply of goods from Turkey and Iran. This is the conclusion reached by the RunRun.es team, founded by investigative journalist Nelson Bocaranda. This researcher received classified data from the country's central bank, which suggests that...

A Wells Fargo report says bitcoin is classified as a speculative instrument. At the same time, in 2020 BTC showed very good performance and was one of the most efficient assets. The bank's analysts recalled that the value of the largest cryptocurrency this year has grown by more than 170%. The coin...

The volume of cryptocurrency traded by bitcoin miners has grown to its highest level since the beginning of 2018. Their report says that miners are now selling about the same amount of BTC coins that they were able to sell in January 2018. Recall that 2018 went down in history as one of the most...

Co-founders of the Gemini crypto exchange, twin brothers Tyler and Cameron Winklevoss, once again pointed to the giant potential of Bitcoin. They have repeatedly stated that the largest digital currency is set for long-term growth. As part of an online conference on fintech, which opened on...

American billionaire, hedge fund manager Ray Dalio finds that Bitcoin can offer protection against the "depreciating value of money". Dalio seems to have changed his mind towards Bitcoin. During his recent AMM session on Reddit, the investor recognized the leading crypto asset as an...

Square has announced its plan to become a zero-carbon company by 2030. This was announced in a press release from Square on December 8th. As part of the initiative, Square will provide $ 10 million to "support companies that are working to introduce and improve the efficiency of renewable...

The number of bitcoin supporters is growing among businessmen. Earlier it became known that such large players as, for example, Paul Tudor Jones, have already invested in BTC. U. S. Global Advisors CEO Frank Holmes said that 2021 will be a crazy year not only for gold but also for cryptocurrencies....

Blockstream CEO Adam Back believes bitcoin users are better off using "bits" instead of "satoshi" when making day-to-day transactions. Satoshi is the smallest and most indivisible unit of the value of bitcoin. One bitcoin is divided into 100 million satoshi. According to Beck,...

Nasdaq-listed business analytics and mobility platform MicroStrategy got 2574 bitcoins for $50 million. This makes 40,824 BTC, for a total of about half a billion dollars in crypto assets in MicroStrategy's portfolio. The CEO of MicroStrategy Michael Saylor confirmed the news on his social...

The number of positive posts about Bitcoin has skyrocketed on Twitter. Even the recent drop in the value of the largest digital currency could not provoke a surge of negative emotions among users of the social network. The number of positive reviews for BTC has reached its highest level in the past...

According to Morgan Creek CEO Mark Yusko, traditional institutions are trying in every possible way to slow down the adoption of bitcoin. The businessman expressed his position on Twitter and noted that opposition from such institutions is one of the main problems for the largest digital currency...

On Nov 27, 2020, Pizza Hut announced that customers can pay for their services with digital currency. Never before had the popular pizza place accepted any kind of cryptocurrency. This became possible due to a collaboration with the Latin American crypto trading platform, Crypto Buyer. The company...

Another financial giant reported an increase in investment in bitcoin. Canadian investment firm Cypherpunk announced last Thursday that it had purchased 72,979 BTC since June 30, 2020. The increase in Bitcoin reserves was the result of the liquidation of the company's assets in Ether (ETH) and...

According to Galaxy Digital CEO Mike Novogratz, BTC will grow in value in the long term. The businessman and BTC supporter expressed his forecast in an interview with Yahoo Finance Live. Novogratz stressed that the rise of cryptocurrency this year was the result of massive capital inflows into this...

Following the price growth up to $19,500 during the day’s trading, Bitcoin saw a period of bearish uncertainty that resulted in a sharp sell-off. Bitcoin then rated $17,075 with daily losses of around 5%. The sudden price drop came in tandem with large-volume investors depositing BTC to exchanges...

Justifying the expectations of the community, BTC today scored $19000 for the first time since mid-December 2017. Since November 18, it has been trading for about $18.700, sometimes felling lower than $18.000 then going up again. At the time of writing the price is about...