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BI firm MicroStrategy reported the results of Q3, 2021. As noted in the paper, published on October 28, the company showed progress in the third quarter coming from both actionable and digital asset policies. The demand for Microstrategy's cloud service solutions has grown. Michael Saylor, the CEO...
On Thursday evening, October 28, the bitcoin rate rose to $ 61,305. The leading digital currency is successfully recouping after yesterday's fall below $ 60,000. Well-known experts such as Galaxy Digital CEO Mike Novogratz and Bloomberg strategist Mike McGlone have repeatedly stated that this year...
El Salvador’s president Nayib Bukele, informed that the country has added 420 Bitcoins worth about $25 M. The price per coin was about $59.500. Bukele informed that the country has already benefited from the BTC it brought as, after the purchase, the BTC price grew. It was a long wait, but worth...
Mining pools have been accumulating bitcoins over the past six months. Now the reserves of miners are at their highest level since the beginning of May, that is, before the fall in the value of BTC. CryptoQuant research says that despite tiny drops, mining pools generally continue to hoard. This...
In winter, it became known that Tesla had invested $ 1.5 billion in bitcoin. At the same time, the electric car manufacturer began accepting payments in cryptocurrency and allowed an increase in capital investments in BTC. However, in the spring, the giant suspended accepting bitcoins, and Tesla...
According to the head of the Thai government, Prayut Chan-o-cha, residents of his country need to stay away from digital currencies. The prime minister watches with dismay how bitcoin is attracting the younger generation. The state needs to make every effort to prevent people from accessing such...
The founder of the hedge fund SkyBridge Capital Anthony Scaramucci said that many investors who previously doubted the potential of Bitcoin have now invested in this cryptocurrency. The businessman pointed to the huge potential of both BTC and the cryptocurrency industry in general. According to...
Bitcoin made a historic breakthrough in the middle of this week. On some trading floors, the coin was close to $ 67,000. The weakening of traders' activity led to a decrease in the BTC volatility index. According to ByBt, this figure fell to 3.63% on October 22, the lowest level since the middle of...
More and more financial institutions are not only looking at bitcoin and other digital currencies but are also investing in such innovative tools. One of the Texas pension funds has invested in bitcoin and Ether. The Houston Firefighters Pension Fund acquired $ 25 million worth of cryptocurrencies...
Leading retail company Walmart hosts Bitcoin ATMs to allow store visitors to buy Bitcoin at its numerous US-located stores. For this purpose, Walmart hosted machines from Coinstar, a company that provides services of coin conversion to cash. Coinstar, cooperating with the first U.S. state-licensed...
The price of Ether could overcome the resistance around $4.000 and set a new record. Over the last 24 hours, the price of the token went up by around 9%, hitting a new all-time high of $4.366. The surge happened a day later after Bitcoin's set ath of $66.930. Currently, the global crypto market cap...
Experts at the leading financial institution JPMorgan say that Bitcoin's surge is connected with concerns over inflation and not ETFs. As reported by Bloomberg, Managing Director at JP Morgan Nikolaos Panigirtzoglou and other strategists are of the opinion that the release of ProShare's Bitcoin ETF...
Icahn Enterprises founder Carl Icahn warned of an impending crisis and announced the protective properties of bitcoin against inflation. In the past, a bitcoin skeptic has expressed fears about the devaluation of the dollar and said there is a high chance of unwinding an inflationary spiral due to...
Major international investment company VanEck is going to release its Bitcoin futures ETF on Oct. 25. The US SEC validated the company's filing to release the product after Oct. 23. VanEck's ETF will go live on the Cboe BZX under the ticker XBTF. It will allow investments in cash-settled...
Over the last 7 days, the price of Bitcoin increased by over 20.5%, hitting a new high of over $66.200 today. The coin's market cap is over $1.2 trillion. A day earlier, the first U.S. Bitcoin ETF went live. ProShare's futures-based trading product saw high interest, surpassing $1 B in trading...
According to analysts at Pantera Capital, in the medium term, the range of Bitcoin price fluctuations will gradually decrease. In a note prepared for investors, Pantera Capital CEO Dan Morehead wrote that drops and jumps in the exchange rate of 80% or more are going to become a part of history...
On the eve of Bitcoin (BTC), short-term soared in the price above $ 62,000. However, on Monday evening, the coin again went down. The correction returned to the market. It was inevitable, as the situation escalated to the limit on the eve of the launch of Bitcoin ETF futures. As a reminder, this...
In early September, a law came into force in El Salvador recognizing bitcoin as a legal tender. The adoption of this landmark document was initiated by the country's President Nayib Bukele. He periodically tweets about the process of adopting cryptocurrency by the citizens of El Salvador. At the...
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