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Bitcoin (BTC) News

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Warren Buffet Bitcoin

Elon Musk Reacts to Warren Buffet’s Negative Words About Bitcoin


American business magnate, the CEO of the conglomerate holding company Berkshire Hathaway, Warren Buffet said in the recent annual meeting of the company that he didn't change his mind about Bitcoin despite the growth of the asset. Buffet finds that Bitcoin isn't a productive asset and it doesn't...

Bitcoin price prediction

Ex BitMEX CEO Predicts Bitcoin To Hit $1 M by 2030


Former BitMEX Chief Executive Officer Arthur Hayes predicts that the Bitcoin price will reach $1 M by 2030 because of the non-efficiency of the US and European Union policies. According to him, it was apparent after COVID 19 that the financial system has a number of disadvantages. Hayes wrote an...

Swiss national bank bitcoin

Switzerland’s CB Is Against Using BTC as a Reserve Currency


Switzerland’s Central Bank Chair Thomas Jordan is against holding BTC as a reserve currency. He expressed his opinion at the bank's general meeting of shareholders on April 29. According to Jordan, buying BTC isn’t an issue. SNB can purchase the cryptocurrency directly or through various...

Goldman Sachs Bitcoin loan

Goldman Sachs Issued Its First Bitcoin-Backed Loan


New-York headquartered international investment bank Goldman Sachs allowed a borrower to get a cash loan by using BTC as collateral. A release by Bloomberg says the loan was interesting to the institution due to its structure and risk management. This is an essential step by a leading bank that can...

Central African Republic crypto

Central African Republic Considers Making BTC Legal Tender


The regulators of the Central African Republic (CAR) may follow El Salvador’s policy of accepting BTC as a legal tender. Recently, the country has legalized the use of cryptos in the financial markets. Justin Gourna Zacko, the Minister of Digital Economy, Post and Telecommunications introduced...


Tesla's BTC reserves have not changed and are estimated at $1.26B


Electric car maker Tesla released financial statements last Wednesday. It follows from it that the company's reserves in bitcoin for the second quarter in a row did not change and amounted to $1.26 billion. Recall that in February last year, Tesla announced its investment in BTC. The giant sent...

Australia Bitcoin ETF

The First Bitcoin ETF Got Approved in Australia


The first Bitcoin Exchange Traded Fund (ETF) is expected to launch on the main market of the country, the Australian Securities Exchange (ASX) next week. According to the Australian Financial Review, the major equity markets clearing house ASX Clear will announce the launch of the product when...

Bitcoin exchange balance

Bitcoin exchange balance decreased by 5% in 2022


According to the Glassnode platform, the number of bitcoins on exchanges is now at its lowest level since August 2018. The decrease in the BTC exchange balance is observed against the backdrop of a decrease in the value of the cryptocurrency. On Tuesday, April 19, Bitcoin is trading at $40,732. In...

Antoni Trenchev Bitcoin prediction

Nexo CEO Believes Bitcoin Could Hit $100,000 Within a Year


Antoni Trenchev, co-founder and CEO of the crypto services provider company Nexo finds Bitcoin may reach $100,000 within a year. In an interview with CNBC, he also predicted short-time price fall along with traditional financial markets. His opinion is connected with the US Federal Reserve's...


The cost of bitcoin has fallen by 13% since the beginning of April


In April 2022, the capitalization of bitcoin decreased by about 13% to $762.989 billion. The BTC rate on Tuesday, April 12, fell below $40,000 for the first time since March 16. The coin quickly bounced back, and already during the European session, it bounced to $40,179. Ether (ETH) and Binance...


Arthur Hayes commented on the deteriorating position of Bitcoin


According to Arthur Hayes, co-founder of the BitMEX crypto exchange, Bitcoin is in danger of falling to $30,000 already in the current cycle. An industry representative commented on the current position of the cryptocurrency and noted that along with BTC, the fall of most altcoins is inevitable....

Cathie Wood Ark Invest

Cathie Wood's Ark Invest to Drop PayPal for CashApp


Florida-based investment management firm Ark Invest’s CEO and CIO Cathie Wood announced dropping all of the company's PayPal holdings for Cash App. She talked about the news at Bitcoin 2022. Cash App owned by Block relies on Lightning Network, a layer 2 solution for BTC payments to make...

Blockstream block tesla

Tesla’s Tech Will Be Used for Block & Blockstream BTC Mining


Leading blockchain infrastructure builder Blockstream and financial services provider Block (previously Square) will build a facility in Texas for mining Bitcoin using Tesla's solar and storage technology. Adam Back, Blockstream's co-founder, and CEO unveiled the news at Bitcoin 2022. Together with...

Terra Do Kwon UST

Terraform Labs Bought $230 M Worth of Bitcoin


Terraform Labs co-founder Do Kwon, announced buying another 5000 Bitcoins for $230 M. Terraform stands behind the development of the Terra blockchain, which is powered by the UST stablecoin and the LUNA coin. At the time of buying, the BTC price was around $46,000. Last month, Do Kwon revealed that...

Microstrategy Bitcoin purchase

MacroStrategy Acquires Additional 4,167 Bitcoins


Enterprise analytics and software company MicroStrategy's subsidiary MacroStrategy added another 4,167 Bitcoins to its holdings for around $190.5 M paying in cash. The average BTC price for the deal was $45,714, including fees and expenses. According to the statement published by the company, as of...


Bitcoin bounces back after falling below $46,000


The night before, bitcoin crashed to $45,104 on some trading floors. Support intensified on the night of Tuesday, April 5. The cryptocurrency began to win back losses, and today it rebounded to $46,673. Altcoins are traded in different directions. Ether (ETH) and Binance Coin (BNB) rose 0.62% and...


The price of bitcoin has overcome the level of $47,000


On Monday, March 28, the quotes for the first cryptocurrency exceeded $47,000. The capitalization of the asset is $893 billion. At the moment, the price of bitcoin reached $47,650, the highest since the beginning of 2022. As a result of the volatility in the futures market, positions worth more...

Bukele Changpeng Zhao meeting

Bukele Meets Binance's CZ to Discuss NOT the Bitcoin Bonds


El Salvador’s president Nayib Bukele met Binance founder and CEO Changpeng Zhao (CZ), Mexican billionaire businessman Ricardo Pliego, and other entrepreneurs. Previously, an article by Reuters said the Salvadoran government plans to turn to Binance for its execution of Bitcoin as legal tender and...