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BaseHarryPotterObamaSonic10Inu (BITCOIN) News



El Salvador

El Salvador required to repeal law on legalization of BTC

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In early June this year, the El Salvadorian parliament supported a bill recognizing bitcoin (BTC) as a legal tender. The adoption of such a document was initiated by the country's President Nayib Bukele. However, local opposition forces spoke out categorically against this law coming into force on...

BTC

Open interest in bitcoin futures fell by almost 60%

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The fall of the crypto market in May and June provoked panic in the camp of institutional investors. A study by Arcane Research says that open interest in bitcoin futures is now $ 11.3 billion, down 59% from mid-April. We will remind, on April 13, it reached $ 27.3 billion. Analysts stressed that...

Jim Cramer

CNBC host sold almost all of his bitcoins

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Popular TV presenter Jim Cramer said back in the spring that he was able to make good money on Bitcoin’s winter rally. In total, the journalist invested about $ 500,000 in cryptocurrency. However, already in the summer, the expert’s opinion began to change due to the fall of the market in May....

Peter Schiff

Opponents of bitcoin intensified amid falling crypto market

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Bitcoin started the new week with a sharp drop in the rate. On the evening of June 21, the coin fell to $ 32,000. On some exchanges, it briefly dropped even below this psychological mark. Against the background of the fall in the value of BTC and altcoins, opponents of the cryptosphere have once...

MicroStrategy owns over 100.000 Bitcoins

MicroStrategy Bought Additional 13,005 Bitcoins for $489 M

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Enterprise analytics company MicroStrategy revealed buying 13,005 bitcoins for $489 M. The company's CEO Michael Saylor tweeted that currently, the company owns over 100.085 BTC purchased for around $2.7 B at an average price of about $26,080 per coin. MicroStrategy has purchased an additional...

Portugal

The CB of Portugal issued BTC licenses to crypto exchanges

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Bitcoin exchanges received licenses from the Central Bank of Portugal, giving them the right to operate in the country. In early 2021, Portugal entered into force a law regulating the operation of trading platforms focused on the cryptosphere. The press center of the Central Bank said that the...

Bitcoin

Bitcoin fund reserves fell to a four-month low

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The fall in the value of bitcoin in May and June led to a sharp decline in the interest of institutional investors in this instrument. According to ByteTree Asset Management, the volume of cryptocurrency managed by Canadian, American, and European funds fell to a four-month low. Last Friday,...

Bitcoin hashrate falls

Bitcoin Hashrate Fell at 103.34 EH/s

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According to data provided by the mining calculator CoinWarz, the Bitcoin hashrate fell at 103.34 EH/s. Hashrate is an important indicator of BTC performance as it reflects the value of how many hashes are being produced by miners attempting to solve a BTC block. So, it depends on the mining...

Danske Bank

Largest Danish Bank will not reject Bitcoin transactions

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The press office of Danske Bank, the largest bank in Denmark, announced that it does not intend to reject transactions with bitcoin and other cryptocurrencies. At the same time, the bank does not plan to offer any cryptocurrency services to its clients. Danske Bank will alert people to the risks of...

Paraguay Bitcoin

Paraguay Will Legalize BTC in July

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A Paraguayan official, Deputy of the Nation, Carlos Helman, said the country is going to legalize BTC in July. He informed the news via Twitter. Rejala is a Bitcoin supporter and his profile picture on Twitter is with Laser Eyes. He says Paraguay needs to make progress hand-in-hand with the new...

Indonesia

Indonesia banned payment for goods and services using BTC

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Indonesia joined those countries that decided to declare war on bitcoin and the crypto sphere in general. The central bank of this country has banned the use of any digital currencies when paying for goods and services. Perry Varjiyo, who is the head of the Central Bank of Indonesia, made a...

General Motors

Head of General Motors didn’t rule out car sales for BTC

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General Motors CEO Mary Barra admitted that the carmaker will start accepting payments in the first cryptocurrency upon request from customers. In an interview with CNBC, she said: “Nothing prevents us from doing this. We will be guided by our...

Bank of England

Bank of England governor rejects BTC's similarity to money

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Bitcoin has no value, but stablecoins can occupy a certain niche in the financial system. This was stated by the chairman of the Bank of England Andrew Bailey. The head of the regulator noted the outgoing danger from decentralized assets like bitcoin, as well as interest in stablecoins and national...

Bitcoin

Bitcoin hashrate collapses to low since December 2020

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The crackdown on miners in China has yielded results. The computing power on the bitcoin network has plummeted to its lowest levels since the end of last year. BTC hashrate descended to 129.1 exhashes per second (EH / s) on Thursday. The last time this indicator was at this level was at the...

Mining

The difficulty of mining bitcoin fell by 5%

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Against the backdrop of repressions against Chinese miners, the bitcoin hash rate began to decline rapidly last week. Today this figure is around 110 exaches per second (EH/s). On June 10, the hash rate exceeded 140 EH / s, and a day later it fell below 100 EH/s. Only today the computing power has...

Tim Draper

Draper predicts bitcoin will reach $250,000 by early 2023

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Billionaire Tim Draper has previously stated repeatedly that Bitcoin is focused on growth in the long term. For example, last summer, the financier confirmed his position and added that the authorities of Western countries themselves will provoke the strengthening of BTC. The United States and...

Bitcoin over $40.000

BTC Surpassed $40.000, Paul Tudor Jones Praises the Coin

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For the first time, this month Bitcoin's price surpassed $40.000. The raise happened on June 14. Currently, the coin trades at over $40.200 with a market cap of around $834.7 Billion. Several factors had an impact on the price growth. Tesla CEO Elon Musk announced the company will start accepting...

Taproot

Bitcoin miners have met the conditions to activate Taproot

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Bitcoin miners have met the conditions for activating the Taproot update. The soft fork will take place around mid-November 2021 at block # 709632, said developer Peter Welle. The developers have implemented the Speed Trial update activation method in the Bitcoin Core release in May. The mechanism...