This week, the Bitcoin price saw a decrease, setting a three-week law of nearly $55.700. Ethereum and most cryptocurrencies also faced decline. Currently, Ether trades at around $4.000, down by around 14% in the last seven days. A major reason for the market sell-off is new crypto regulatory rules...
Allianz Asset Manager's Chief Economist Mohamed El-Erian was able to make money on Bitcoin after the 2018 crypto winter but sold the coins too early. According to the economist, he acquired a certain amount of bitcoins during the 2018 crypto winter, when the price of the coin dropped to almost $...
Marathon Digital Holdings, a mining company, listed on the Nasdaq, will place convertible bonds with a par value of $ 500 million. The received funding will go towards the purchase of bitcoin and equipment for its production. Debt instruments maturing on December 1, 2026, will be offered to...
In the last 24 hours, the total crypto market cap went down by around 10%. At the moment, the indicator stands at about $2.5 trillion. Bitcoin went down by about 7%, hitting $60.500, and Ether declined by 8%, hitting $4.300. The picture is almost the same for Binance Coin (BNB), Solana (SOL),...
As a result of another recalculation, the difficulty of mining BTC progressed by 4.69% - up to 22.67 trillion hashes. The indicator has risen for the ninth consecutive period after falling due to the mining ban in China. The difficulty reached its maximum level in mid-May - 25.05 T. The actions of...
The much-awaited upgrade of the Bitcoin network, Taproot went live on Nov. 14. It's meant to improve the protocol's privacy and security. Taproot is the first major update of the BTC code till 2017, when the Segregated Witness (SegWit) was introduced, separating transaction signatures and boosting...
Ken Griffin, founder and CEO of Citadel hedge fund, sees Ether (ETH) as a more promising digital asset than Bitcoin (BTC). It is based on a network that acts as a platform for many projects and services. In the future, ETH will become the leading payment instrument, the businessman said in an...
CEO of leading movie theater company AMC Theatres, Adam Aron said that users now can pay online for tickets and snacks in Bitcoin, Ether, Litecoin, and Bitcoin Cash. Big newsflash! As promised, many new ways NOW to pay online at AMC. We proudly now accept: drumroll, please… Bitcoin, Ethereum,...
Large bitcoin holders often referred to as whales, staged a cryptocurrency sale at several trading floors in early November. However, they were never able to provoke a deep fall in the value of BTC. According to the Santiment team, sales in early November were marginal, so they failed to break the...
The two largest cryptocurrencies, Bitcoin and Ether reached new all-time highs today. BTC hit $68.530 and Eth $4837. Both cryptocurrencies gained around 10% in the last 7 days. At the moment, the total crypto market cap stands at over $2.95 T. Bitcoin dominance index is 43.68%. A bullish trend...
Bitcoin (BTC) was able to hold above $ 60,000 despite a sale by whales earlier this month. CryptoQuant analysts recorded a surge in whale activity after Bitcoin found support in the $ 60,000 region. BTC's stock balance surged in the early days of November, after which large cryptocurrency holders...
During a November 7 interview with CNN, Mayor-elect Eric Adams shared his views about crypto and why he decided to receive his first three paychecks in Bitcoin. To the question of whether he encourages businesses in New York to accept BTC or other cryptos, Eric Adams said they will examine the...
Well-known analyst, owner of the popular YouTube channel Michaël van de Poppe recently spoke about the conditions under which Bitcoin will be able to get out of its "comfort zone" and overcome a new price maximum. According to the expert, the BTC will be able to set a new record only if...
Newly-elected NY mayor Eric Adams revealed his intentions to get his first 3 salaries in Bitcoin. He will start work in January. Replying to Miami Mayor Francis Suarez's post saying that his following payment will be completely in BTC, Adams answered that he would get his first 3 in BTC after...
According to analysts from the investment bank JPMorgan, today's bitcoin rate is greatly overvalued. The fair price of the cryptocurrency is around $ 35,000. The financial giant's report says that, unlike gold, BTC is still a highly volatile asset. The range of cryptocurrency price fluctuations is...
Senator Cynthia Lummis from Wyoming is known to many as a supporter of blockchain technology and digital currencies. She bought bitcoins several times over the summer. The last purchase dates from August 16 at the time the senator acquired BTC for $ 100,000. Lummis herself indicated such data in...
Every year, October 31 is celebrated as the birthday of bitcoin. It was on this day that the legendary Satoshi Nakamoto created a new concept based on the use of an innovative tool. The leading digital currency celebrated its 13th anniversary this year. Bitcoin celebrates its next holiday at values...
Investors have been withdrawing bitcoins from trading floors over the past few months. The positive effect began to be felt already in October when the value of the cryptocurrency began to add aggressively. According to Arcane Research, exchanges currently have the lowest BTC volume since January...