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Bitcoin (BTC) News

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Purse startup closes

Another Bitcoin startup announces closure


Purse startup team announced a decision to close the company after 6 years of work in the crypto market. We've made the very difficult decision to dissolve the company. We're grateful for the opportunity afforded by our supporters to build products and services for the cryptocurrency...

Bitcoin's price

Bitcoin Price Spikes Above $7K, Liquidating $23M on BitMEX


The rapid rise in the value of bitcoin by $500 on Thursday, led to mass liquidations on the BitMEX crypto derivatives exchange. The price of bitcoin has shown rapid growth from $6650, peaking at $7145 around 03:00 AM CT. According to data from analytic company Skew, the sudden movement led to the...

Fraud Adygea retiree Bitcoin

$22.000 to fraudsters: retiree tried to invest in bitcoin


The police began an investigation into the theft of 1 million 660 thousand rubles ($22.000) from a 65-year-old resident of Adygea under the guise of investing in cryptocurrency. This was reported on the website of the Ministry of Internal Affairs. The victim was going to purchase shares of one of...

cryptocurrency used for clothing food

Research: most spend cryptocurrencies on food and clothing


Cryptocurrency owners most often use them to pay for everyday goods, while every third of those who are not related to them associates digital assets with the purchase of weapons and drugs. Visual Objects have come to such results. Among the 983 respondents surveyed, only 157 had experience buying...

Bitfinex Bitcoin transaction

Bitfinex made the largest transaction in Bitcoin history


This week, the Bitfinex cryptocurrency exchange carried out the largest dollar-denominated transaction in the history of Bitcoin in the amount of 161,500 BTC or about $1.1 billion. The transaction fee was only 0.00010019 BTC or $0.68, TheCryptoAssociate writes. The transaction was carried out on...

CCID crypto rank Bitcoin

Crypto TOP: Bitcoin fell to 3 positions, the leader is EOS


The China Electronic Information Industry Development (CCID) has published the next 17th cryptocurrency rating in a row, in which EOS still ranked first. Bitcoin (BTC) moved down to rank 14, skipping ahead Cosmos (ATOM), Stellar (XLM) and DASH. The three leaders in comparison with the previous...

power plant sells Bitcoin hash

U.S. power plant first sells bitcoin hash on the OTC market


The New York-based hybrid powerhouse Greenidge Generation has entered into its first regulated contract to sell computing power for Bitcoin mining. The buyer, who acquired a hash rate of 106 petaheshes, was an unnamed institutional investor. The purpose of such contracts, according to the broker...

Fold and Visa

Visa and Fold will issue a credit card with cashback in BTC


Bitcoin receives support from Visa corporation, which started collaborating with the Fold startup to create a credit card with a BTC cashback. CEO of the startup Will Reeves stated that Bitcoin users would be rewarded with up to 10% of purchases made using Fold and Visa credit cards. He believes...

Bitcoin hash rate

Bitcoin mining difficulty resumes growth after a record fall


As a result of another recalculation, the complexity of mining of BTC has grown by almost 3.5% from 13.9 to 14.4 trillion hashes. On March 26, the indicator experienced the second-largest decline in history, falling immediately by 15.95%. This was the result of a sharp reduction in the hash rate of...

Interest in Bitcoin will rise after miners' reward decreases

Interest in Bitcoin will rise after miners' reward decreases


Numerous crypto exchanges expect a rush in interest in bitcoin thanks to the halving (drop in the reward of miners). A recent statement from the Gemini platform notes that after halving, many people's attitudes toward cryptocurrency will change. They will see that Bitcoin technology is independent...

Paxful adds gold

Paxful launches physical gold trading for bitcoins


Paxful’s P2P platform for bitcoin trading has allowed customers to make transactions for the purchase and sale of the first cryptocurrency for physical gold. The company announced this on its blog. Site CEO Ray Youssef sees growing interest in gold as a safe investment in light of the recession...


Coinmetrics determined how many BTCs haven't moved 5 years


Analyst Coinmetrics considers that the current market supply of BTC at 18.3 million coins doesn't reflect real liquidity. According to the information, 2.3M BTC is forever lost or concentrated in the hands of long-term investors. These coins did not move for more than five years. A similar...

Bitcoin Depot closes ATM

US Bitcoin ATM network shuts down devices due to coronavirus


Bitcoin Depot, the largest Bitcoin ATM operator in the US, disables some of them to prevent the spread of the COVID-19 epidemic. First of all, this applies to devices installed in places with high traffic to help to distance people in an epidemic. According to the company, about 10% of its ATMs...

Spain tax Bitcoin investors

Spain: a fourfold increase of Bitcoin investors


The Spanish Tax Agency will send notifications to taxpayers who carry out operations with cryptocoins. The agency noted that over the year their number has quadrupled. This is reported by Europa Press. For the first time, Spanish crypto investors received notifications from the tax last year, their...

Bitcoin futures

Activity in BTC futures returned to levels before the crash


The trading volume on standardized crypto derivatives on the background of the rise of BTC to the psychological level of $7000 reached a maximum since mid-March. As a result of trading on Thursday, April 2, the volume of trading in BTC futures at the CME Group amounted to $347 million. At Bakkt,...

Bitcoin transaction

The tax for the transfer of BTCs to $690M cost 26 cents


Whale Alert Twitter account recorded the transfer of an immense amount - 101,857 BTC ($ 691.3 million at the exchange rate at the time of writing). 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 101,857 #BTC (633,535,530 USD) transferred from unknown wallet to unknown walletTx:...

miner price decrease

Manufacturers cut miner prices ahead of Bitcoin halving


Mining device manufacturers cut prices ahead of the halving of the first cryptocurrency. In some cases, the cost of miners dropped by 20%. Another reason was the March market crash. MicroBT now has a $2,000 price on WhatsMiner M30S model, while in early February it was $500 more expensive. The...

Coronavirus Bitcoin darknet

Chainalysis: COVID-19 negatively impacts even darknet market


A sharp drop in the price of Bitcoin against the backdrop of global panic due to coronavirus has reduced activity in the darknet markets. This is stated in the report of the analytical startup Chainalysis. According to researchers, the fall in the price of BTC had a different effect on various...