Bitcoin (BTC) News

By the end of October, bitcoin miners earned $ 353 million. Compared to September 2020, their revenues increased by about 8%, according to the data of the CoinMetrics team. Analysts attribute the growth in the profitability of bitcoin mining to the rise in the price of the largest digital currency....

Nigeria and Cuba topped the October ranking of the countries whose residents were most interested in Bitcoin on the Internet. That is evidenced by the latest data from the Google Trends service. The greatest surge in the activity of Internet users was observed in the second half of October when BTC...

More and more investors are switching to long-term storage of bitcoins. The flow of BTC to cryptocurrency exchanges has dropped to a three-year low. Players prefer to keep coins in so-called "cold" wallets and do not intend to sell them even if a negative trend returns to the market. In...

12 years ago, on October 31, Satoshi Nakamoto, Bitcoin’s pseudonymous creator, published the whitepaper that became the start of the financial revolution. In the whitepaper Nakamoto described a peer-to-peer payments system that expanded across a distributed ledger, powered by a network of...

The activity of bitcoin miners continues to update lows: the network hashrate on Saturday, October 31, fell to 116 exhashes per second (EH/s). The last time such a volume of computing power used to mine cryptocurrency was observed at the end of July 2020. However, there is no reason to panic, said...

Peter Schiff, who heads financial services firm Euro Pacific Capital, is known as one of Bitcoin's fiercest opponents. This businessman on Twitter and during his public speeches always points out the risks of investing in cryptocurrency. In his opinion, BTC is the greatest bubble he has ever seen....

The correlation between Ethereum and Bitcoin prices weakened, and cryptocurrencies began to move in different directions. BTC continues to make new highs, trading above $ 13,000, while ETH, by contrast, has fallen below the critical level of $400. That is an alarming signal for the largest altcoin....

Over the past few days, the correlation between Bitcoin and the US stock indicator S&P 500 has increased again. That is an alarming trend, analysts from the Santiment team say. Their report says that the US market is now stagnating due to the upcoming presidential elections. The Federal Reserve...

Bitazu Capital establishing partner and crypto analyst Mohit Sorout thinks Bitcoin could rise to a new record high in 3 months when it gets out of the existing scope. The price of Bitcoin has been strengthening during the last months. According to Mohit Sorout's words, if the BTC breaks out...

After Bitcoin rose in price to $ 11,700, analysts from the Skew team recorded an increase in trading in BTC futures. Researchers have noticed a resurgence of open investor interest in the product. Trading activity is picking up this week on most futures platforms, signaling a return for...

One of the largest investment banks, JPMorgan, commented on earlier information about the decision of the IT company Square to invest in bitcoin. The financial giant believes this is another step towards popularizing the cryptocurrency industry. Recall that Square recently invested $50 million in...

The French Ledger, which is best known as a manufacturer of crypto hardware wallets for retail investors, has been actively promoting its Ledger Vault custodian solution, which targets institutional clients since last year. Ledger is currently offering this product to MicroStrategy, which invested...

Bank of England Governor Andrew Bailey is still extremely skeptical of Bitcoin. Last Monday, October 12, the head of the Central Bank at one of the events expressed concerns about the growing popularity of cryptocurrency. Bailey recalled that the use of BTC as a payment instrument poses threats to...

If the Democratic candidate Joe Biden becomes the president of the United States, then the phase of mass adoption of bitcoin will begin. They published a report later this week, which also says that if Biden wins the election, the likelihood of Bitcoin ETF approval is high. If a new team comes to...

Several online sources recently have spread the rumour that Italian businessman Flavio Briatore has recommended the use of Bitcoin systems and claim that he has made a fortune through Bitcoin Up. After the inquiry of journalists, it became clear that the entrepreneur had never suggested the use of...

The number of addresses with non-zero balance continues to grow in the Bitcoin network. That is evidenced by the latest data from the Glassnode service. In the middle of this week, it became known that 3.141 million wallets own 0.1 BTC or more. If you look at the graph provided by analysts, you...

In the fourth quarter of 2020, Bitcoin is expected to strengthen, but a large-scale expansion will begin next year. So says famous analyst Willie Wu, who posted on Twitter a series of posts in which he analyzed the medium-term prospects of the largest digital currency. The cryptocurrency market is...

The British politician Godfrey Bloom is known as a protestor against the banking system terming it a hoax and saying that the entire institution is meant to steal from people. Godfrey Bloom worked as a Member of the European Parliament (MEP) for Yorkshire and the Humber till 2004 to 2014. He's an...