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Bitcoin (BTC) News

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Russia gas bitcoin

Russian Duma Considers Selling Gas and Oil for Bitcoin


Pavel Zavalny, the head of the Russian Gas Society, said the country allows the possibility of accepting Bitcoin as a means of payment for the export of natural resources. In a press conference, he suggested that the conditions of export may be different for various countries depending on their...

Bitcoin Ethereum

Bitcoin and Ethereum bounce back after yesterday's fall


The surge in investor activity in the cryptosphere at the beginning of the week turned out to be short-lived. The largest digital currency fell below $42,000 again and pulled almost all major altcoins with it. Today's trading in Asia took place mainly in the green zone, which had a positive effect...

El Salvador USA BTC

US Congress to Consider Bill That Studies El Salvador’s BTC Policy


The US Senate considers adopting a bill that as it describes would mitigate risks to the US financial system that it finds may come from El Salvador's adoption of BTC as legal tender. Senators Jim Risch, Bob Menendez, and Bill Cassidy introduced the act on February 16. The bill would require...

El Salvador Bitcoin bonds

El Salvador Postpones the Launch of BTC Bonds


The Salvadoran government made a decision to put off the launch of Bitcoin bonds as the current market conditions are unfavorable. Finance Minister Alejandro Zelaya talked about it during an interview with the TV show "Frente a Frente" President Nayib Bukele first revealed the plans to...


BitMex founder predicts Bitcoin will reach $1M


Many representatives of the cryptosphere are positive about the long-term prospects for Bitcoin (BTC). For example, Galaxy Digital CEO Mike Novogratz said last week that BTC would set a new record in the next three years. According to his forecasts, the bitcoin rate will reach $500,000. BitMEX...


Mike Novogratz Predicts Bitcoin to Rise to $500,000


Galaxy Digital CEO Mike Novogratz represents the so-called bitcoin bull camp. He periodically predicts that in the long term, the value of bitcoin will reach unprecedented heights. This week, the billionaire announced the rise of cryptocurrency to $500,000. Moreover, in his opinion, this will...

Crypto whales

Bitcoin whale activity drops to yearly low


The Bitcoin network has seen a weakening of whale activity over the past few days. According to the Santiment team, the number of transactions worth more than $100,000 fell to the lowest level in a year. A similar situation is observed on Ethereum. Researchers believe that most of the largest...

Mike Novogratz crypto

Novogratz Talked Crypto and Why USD Might Never Be the Same


The CEO of the financial services and investment management company Galaxy Digital, Mike Novogratz says the world won't switch to bitcoin overnight, but we are entering the world where people will try to figure out what is the reserve currency, looking to different assets like gold and digital...


Law enforcement officers will return stolen BTCs worth $450K to a US citizen


American law enforcement officers seized about $ 450,000 worth of bitcoins, which phone scammers stole from an elderly US citizen. This is stated in a statement by the District Attorney of the State of North Carolina Dena King. In August 2021, attackers, presumably from abroad, called a resident of...


Trend is changing: Bitcoin above $40,000


During the Asian session on March 16, Bitcoin (BTC) rose above $40,000 several times. However, resistance increased again in this area, and the coin retreated to its previous positions. During European trading, BTC again jumped to $40,350, adding about 4.4% per day. The stock market turned out to...


Michael Saylor compared Bitcoin to real estate in New York


MicroStrategy CEO Michael Saylor is widely known as a bitcoin fanatic. He periodically states that BTC will rise in price as this asset forms a new financial system. During a speech at the Economic Club of New York, he compared cryptocurrencies to real estate that an investor purchases in an...


Mexican drug cartels legalize income through bitcoin


At the end of last week, the International Narcotics Control Board released a report expressing concern that Mexico's drug cartels were using bitcoin. The researchers found that criminal communities from Jalisco and Sinaloa are increasingly using cryptocurrency in their financial schemes....


The USA will stop the circumvention of Russian sanctions with BTC


Senator Elizabeth Warren is drafting a bill to make it harder to circumvent economic sanctions with digital currencies. This politician represents the camp of supporters of strict crypto regulation in the American establishment. She has repeatedly demanded from Congress and the government to...


Commissions in BTC and ETH networks fall amid weakening user activity


Against the backdrop of weakening activity on the Bitcoin and Ethereum blockchains, transaction fees have been decreasing over the past few weeks. According to BitinfoCharts, the average Bitcoin transaction fee has dropped to $1.59. Ethereum fees plummeted to their lowest level since August last...


Bitcoin mining difficulty drops for the first time since November 2021


The bitcoin hashrate in mid-February reached an all-time high. Computing power exceeded 215.5 exahash per second (EH/s). Over the past six months, they have increased by about 45%. Then the activity of the miners began to fall, and already on February 28, the hashrate fell to 190.6 EH / s, but then...


The CB of Russia didn't soften the attitude towards BTC


The Bank of Russia still advocates a complete ban on the circulation and mining of cryptos. This was stated by the head of the expert group of the Department of Financial Technologies of the CB of the Russian Federation Maria Telegina. The sanctions did not force the regulator to reconsider its...


People's Bank of China announces victory over bitcoin


The volume of BTC transactions in China has fallen to a minimum, thanks to the restrictive policy of the Central Bank. The regulator made a corresponding statement in the middle of the week. Recall that the Chinese authorities began last spring to oust not only miners from the market but also...

DeVere CEO

deVere Group CEO predicts Bitcoin to Jump to $50,000


Bitcoin (BTC) continues to trade in a narrow range from $43,000 to $45,000. On Thursday, March 3, the BTC rate sank to $43,176, but many analysts predict that the coin will be able to win back losses very soon. Optimistic, for example, the CEO of deVere Group Nigel Green. In his opinion, an...