BaseHarryPotterObamaSonic10Inu (BITCOIN) News

The bitcoin (BTC) rate on Friday, August 6, is holding around $ 40,800. During the day, the cryptocurrency tried to gain a foothold above $ 41,000, but it did not have enough support to hold positions. Bloomberg strategist Mike McGlone recently stated that BTC has a realistic chance of repeating...

Many financial structures reacted extremely negatively to the decision of the El Salvadorian authorities to legalize bitcoin. The negative opinion was presented by the IMF and the World Bank. By contrast, the giant Bank of America believes the country could benefit from such a move. The bank's...

MicroStrategy software company is currently on the list of the largest cryptocurrency holders. Moreover, this giant is investing in bitcoin, despite the periodic collapses of the coin. MicroStrategy CEO Michael Sailor said that buying bitcoin is reminiscent of investing in Facebook stock in the...

In the early summer of this year, the El Salvadorian authorities adopted a law recognizing bitcoin as a legal tender in the country. Such a step by the Latin American state drew criticism from both international organizations and the public of El Salvador. During the last week, Moody's expectedly...

Cash App, developed by Jack Dorsey’s financial services company Square, published the results of the second quarter of 2021. The report shows that the company's BTC revenue has risen 200% reaching $2.72 B from $875 M. The gross income of BTC went up to $55 million from $17 million. This means a...

SEC-registered automated investment services and advisory provider Wealthfront informed about expanding its investment options, including two crypto trusts: Grayscale Bitcoin Trust and Grayscale Ethereum Trust. As the firm stated via a blog post published on July 29, its aim was to provide...

Gaining around a 4% price increase over the previous 24 hours, Bitcoin's price reached its 2-month high surpassing $42.000. Over the previous 7 days, the price has gone up by over 23%. The price of Bitcoin started to rise after the massive sell-off in May. Since then BTC was hesitating between...

Amid the strengthening of the bitcoin (BTC) exchange rate, network activity has increased sharply this week. Researchers from Arcane Research have previously reported an increase in daily cryptocurrency trading volume. After it exceeded $ 40,700 for the first time since May 2021, the number of...

Virginia-based publicly traded enterprise intelligence software firm MicroStrategy reported the results of Q2, 2021 on July 29. As stated in the report, on June 30, 2021, the value of MicroStrategy's digital assets was over $2 B. The company now owns around 105,085 bitcoins. This indicates a $689.6...

In the middle of this week, Bitcoin (BTC) for the first time since the end of May 2021 jumped in a price above $ 40,700. Then the coin retreated slightly on the night of Thursday, July 29. There is a strong correlation between the price of cryptocurrency and network activity. As soon as bitcoin...

The hashrate of Bitcoin which fell significantly after the China mining crackdown, started to recover, going up by around 15%. Hashrate indicates the amount of computing power used in a second for BTC mining. The seven-day moving average of BTC hash rate reached 100 exahashes per second (EH/s)...

The Securities and Exchange Commission (SEC) has not yet approved a single application for the launch of exchange-traded crypto funds Bitcoin ETF. The American regulator periodically postpones the publication of its decision on such applications and states that it needs additional time to assess...

The Chinese government continues to increase pressure on cryptocurrency companies. Thus, the authorities want to protect their citizens from the risk associated with investing in digital assets. Renowned crypto advocate Bobby Lee has spoken out about the tightening of new money regulations. The man...

American electric car producer Tesla presented a report on the results of the second quarter of 2021. The paper indicates new highs with a net income of $1.14 B. The firm also stated a Bitcoin-caused impairment loss of $23 million as at the time of purchase the price of the coin was higher than...

Popular online shopping company Amazon commented on the rumors about the possibility of its accepting crypto payments. According to the press release published by Reuters on July 27, the representative of the company said the team is interested in crypto, but there are no certain plans on their ...

The bitcoin rate (BTC) on Saturday, July 24, rose to $ 33,700. Over the past 24 hours, cryptocurrency capitalization has added about 4% more and reached $ 634.33 billion. Bloomberg strategist Mike McGlone believes Bitcoin has a chance of a breakout. The likelihood of reaching the $ 60,000 mark is...

In early summer, El Salvador's parliament made a landmark decision, backing the presidential bill to legalize bitcoin. However, society was ambiguous about the recognition of cryptocurrency as a legal tender. Many Salvadorans have taken to the streets to demand that the law be repealed. The...

Bitcoin price gained over a 10% increase in the last 24 hours, surpassing $39.280. This is the first time since June 16 that the coin went above $39.000. In general, most cryptocurrencies are in green. The biggest altcoin, Ethereum, gained around 7% and trades at...