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Bitcoin (BTC) News


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Bitcoin loses refuge appeal as investors flee riskier assets

Bitcoin loses refuge appeal as investors flee riskier assets

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In recent weeks Bitcoin got refuge designation, but it started losing it rapidly as the largest crypto joins the global slide in riskier assets. After rallying while U.S. investments fell earlier in the month, Bitcoin has followed stocks lower, with the digital asset plunging about 14% this week...

Bitmex ad The Times

Regulator accused BitMEX of publishing an incorrect BTC ad

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The UK Advertising Standards Authority (ASA), which is a self-regulatory organization, has notified HDR Global Trading Ltd (BitMEX operator) that the first cryptocurrency ad, posted on January 3 this year in The Times, is misleading and also contains exaggerations. So, the ASA emphasized that on...

BTC takes a premium in Hong Kong and Argentina amid sell-off

BTC takes a premium in Hong Kong and Argentina amid sell-off

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The riot in Hong Kong and Argentina made local investors give a premium for Bitcoin. Elections uncertainty brought to a peso plunge in Argentina and lately, BTC was selling for $12000 on a P2P platform LocalBitcoins, this is 10% greater than on the bulk of crypto exchanges all over the world....

Lenta hack $500k btc

Extortionists want $500k in BTC not to poison Lenta's goods

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The Russian trading network "Lenta" wrote a statement to the police because of a video message in which unidentified people demand to pay bitcoins in the amount of $500 thousand under the threat of food poisoning in stores. It is reported by Fontanka. The ransomware’s video message was...

Seed CX BTC swaps

Seed CX еxchange begins testing deliverable bitcoin swaps

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Chicago-based cryptocurrency exchange Seed CX has begun the final phase of testing deliverable margin bitcoin swaps, reports The Block. According to representatives of Seed SEF, which specializes in swaps of the exchange division, testing will last throughout August. If the results are successful,...

CEO of Circle: Correlation between BTC and yuan

CEO of Circle: Correlation between BTC and yuan

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Circle cryptocurrency's company CEO Jeremy Allaire has joined other prominent industry representatives who believe that Bitcoin has become a defensive asset with which investors can hedge risks associated with global instability. He is convinced that the rampant nationalism, as well as currency and...

Bitcoin price

Bitcoin price reached a three-week high

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Today, August 5, the price of BTC jumped to the levels above $11,600, the last time observed in the second half of July. As you can see, the pulse growth was accompanied by a surge in trading volumes. “According to the old tradition,” Bitcoin pulled along with the rest of the market. ...

Cryptocurrency platform Bitwala raised €13 million

Cryptocurrency platform Bitwala raised €13 million

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The Japanese corporation Sony, through its venture division Sony Financial Ventures and the investment firm NKB Group, led a round of financing of Series A for €13 million (about $14.5 million) of the Bitcoin-banking platform Bitwala. According to representatives of the company based in Berlin,...

Bearish signs are showing Bitcoin is near to turning point

Bearish signs are showing Bitcoin is near to turning point

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It’s suggested that Bitcoin is coming to a turning point as cryptos conflict with larger inspection and bearish symbols pile up. BTC is really close to further losses, this is obvious cause some technical factors are pointing on this. A queue of negative modifications brought cryptocurrencies to...

Brazil: public transport in Bitcoins

Brazil: the payment of public transport in Bitcoins

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Residents of Fortaleza (the major Brazilian city) will soon have the opportunity to pay Bitcoins for their trips on public transport. It is reported by The Block, with reference to local media. In particular, the cooperative of autonomous passenger carriers of the State of Ceará, whose capital is...

The US sues Bitcoin theft suspect from Russia

The US sues Bitcoin theft suspect from Russia

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One of BTC-e currency exchange owners, Alexander Vinnik whose extradition from Greece the US is inquiring to face illegal charges, presently face a formal lawsuit in California. Previously, Vinnik was blamed for stealing Bitcoins from various virtual currency exchanges and now the US makes attempts...

Government of Venezuela is accused of using cryptocurrencies to bypass US sanctions

Government of Venezuela is accused of using cryptocurrencies to bypass US sanctions

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Venezuelan United Socialist party has been accused of avoiding economic barriers inflicted by the authorities of USA. According to locals, Venezuela avoided penalties by using cryptocurrencies via an airline app known as Jetman Pay. This application receives charges from travellers who buy tickets...

People more trust Bitcoin than Libra

Survey: the overwhelming majority of US residents do not inspire confidence in Libra

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According to a survey conducted by CivicScience, the overwhelming majority of US residents do not inspire confidence in the upcoming digital currency, Libra. The survey involved 1799 adults in the United States. Only 2% of respondents said they trust the Libra project more than Bitcoin. It also...

Bitcoin's hash rate updated its historical maximum

Bitcoin network's cumulative computational power again updated its historical maximum

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Last weekend, the cumulative computational power of the Bitcoin network once again updated its historical maximum, reaching 79.752 EH/s. The peak figure, according to Blockchain.com, was on Saturday, July 20th. On Sunday, the last day for which statistics are available, the hashrate fell slightly...

As Congress analyzes Libra, Bitcoin drops under $10000

As Congress analyzes Libra, Bitcoin drops under $10000

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When the US legislators showed deep suspicion about the viability of cryptocurrencies, Bitcoin fall in price below $10000. The rate was rising for three last weeks and even passed the highest price form the last year. The most popular digital coin dropped as much as 12%, bringing its three-week...

Craig Wright in the court

Тears, mate, charity and accusations: self-proclaimed Bitcoin's creator Craig Wright in the court

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On June 28, a court hearing was held in Florida on the sensational case of Kleiman vs Wright, during which nChain senior researcher Craig Wright first appeared under oath. The main purpose of the meeting was to hear the explanations of the self-proclaimed Bitcoin creator regarding why he did not...

Few people care about the continuing growth of BTC prices

Few people care about the continuing growth of BTC prices

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Google searches measured the statistics of Bitcoin price growth and people’s interest in it and there’s a big difference between them. Not so long ago, the level of correlation between the price and interest was really high. There may be some reasons for these new...

Bitcoin correlation with cryptocoins

Binance: Bitcoin correlation with other cryptocurrencies has significantly decreased

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Binance's research division published a quarterly report, in which it estimated the correlation of digital assets among themselves. Thus, according to it, the correlation between Bitcoin and the rest of the market has significantly decreased in comparison with the figures for the first quarter of...