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Bitcoin whales statistics

The Number of BTC Whales Holding 100-1000 Coins Has Surged

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Data from Glassnode show that the number of Bitcoin biggest whales has declined, hitting its all-time low. On October 17, the number of BTC addresses holding 10.000 coins or less fell to 82, which is its lowest level since December 2012. However, it's worth mentioning that back then the price of...

BTC

Bitcoin starts a new week above $60,000

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The value of Bitcoin (BTC) has surged over the past few days to its highest level since mid-April 2021. Last weekend, the cryptocurrency managed to gain a foothold at the $ 60,000 level, and now it is trying to break even higher. The cryptocurrency capitalization now exceeds $ 1.143 trillion....

Grayscale Bitcoin Trust ETF

Grayscale Considers Converting Its BTC Trust Into an ETF

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Digital currency investing company Grayscale intends to turn its BTC Trust into a spot ETF (exchange-traded fund). Barry Silbert, the CEO of Digital Currency Group (DCG), Grayscale’s parent company, allowed the possibility. As an answer to the question by The Investor's Podcast co-founder, crypto...

Jack Dorsey Square

Jack Dorsey Revealed Plans for Creating a BTC Mining System

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CEO of American digital payments provider Square, Jack Dorsey said that the firm is thinking over the development of a Bitcoin mining system to provide more opportunities for individuals and enterprises to participate in the network. By doing so, Square will get closer to its hardware wallet model,...

Bitcoin ETF ProShares

ProShares Bitcoin Futures ETF Will Start Trading on Oct. 18

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The U.S. Securities Exchange and Trading Commission (SEC) verified the first Bitcoin ETF. During the last 4 years, the agency denied a number of such applications. According to the filing, published by the SEC, American provider of exchange-traded products (ETPs), ProShares will issue the BTC...

Bitcoin up to $60.000

Sen Lummis Is Grateful for BTC While the Coin’s up to $60 K

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The price of Bitcoin surpassed $60.000 for the first time since May. In the last 24 hours, the coin's price went up by around 5%. Several factors boosted the BTC price. One of them is the possibility of the first Bitcoin ETF launch in the US next week. Another factor is that viewing crypto as an...

SEC Bitcoin ETFs

US SEC May Approve the First BTC Futures ETF Next Week

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The US Securities and Exchange Commission won't block Bitcoin Futures ETFs from beginning to trade in the following week. As sources familiar with the subject told Bloomberg, the agency is likely to give a green light to the first BTC ETF product. BTC futures enable getting access to the coin...

Mike Novogratz  Jamie Dimon

Mike Novogratz Calls Jamie Dimon's BTC Views Sophomoric

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Investment banker, CEO of financial services company Galaxy Digital Michael Novogratz expressed his opinion about JPMorgan CEO Jamie Dimon's Bitcoin views. Dimon said recently he finds Bitcoin worthless but it's his personal opinion and has nothing to do with the fact that the bank's clients think...

Bitcoin mining USA

USA Becomes the Biggest Bitcoin Mining Hub

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After China's ban on crypto mining, released in May, the USA became the leader of BTC mining. A study by the Cambridge Centre for Alternative Finance shows that the BTC mining hashrate of China dropped from 44% to 0% between May and July. In 2019, three-quarters of the world’s hashrate came from...

JPMorgan CEO Bitcoin

JPMorgan CEO Continues to Think Bitcoin is Worthless

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CEO of New York-based international investment bank JPMorgan Chase Co, Jamie Dimon says in his personal opinion Bitcoin is worthless although the bank's customers think differently. The executive shared his views during an Institute of International Finance event on Oct. 11. At the same time, he...

Vitalik Buterin El Salvador bitcoin

Vitalik Buterin Doesn't Approve El Salvador's BTC Policy

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El Salvador’s president Nayib Bukele's step of Bitcoin legalization and making local businesses support the coin didn’t get approval of Vitalik Buterin. Although Bukele tweeted in September that BTC would not be forced on everyone, Article 7 of the Bitcoin Law states that every business...

Nayib Bykele El Salvador Bitcoin

El Salvador’s President Revealed BTC Gains and Future Plans

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On October 10, El Salvador's president Nayib Bukele tweeted about building a pet hospital with funds raised after Bitcoin adoption. Bukele mentioned that after Bitcoin legalization, the price of the coin saw gains and brought profits of $4 M to the country. The President tweeted that in just 20...

JP Morgan Bitcoin gold

JP Morgan Says Institutions Prefer Bitcoin to Gold

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Over the last 7 days, the price of Bitcoin grew by over 22.31%, surpassing $55.000 for the first time since mid-May. The coin's market cap hit $1 trillion. New York-based major international investment bank JP Morgan noted the reasons for the surge. In a note from Thursday, the bank said Bitcoin's...

Bitcoin hit $55.000 again

Bitcoin’s Market Cap Reclaimed $1T, the Price Hit $55.000

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For the first time, since May 12, Bitcoin price surpassed $55.000. The market cap of the largest cryptocurrency again stands above $1 trillion. Over the last 7 days, the coin saw a price increase of over 31%. In the last 24 hours, the surge was by over 10%. Although it's early to predict whether...

facebook bitcoin prices

Bitcoin Trades Above $50.000 for the First Time in a Month

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Prices of cryptocurrencies started to recover. In the last 24 hours, Bitcoin's price has gone up by over 5.4% surpassing $50.000 for the first time in a month. The coin's market dominance index is 43.10%. Ethereum's price went up by 3.36% in terms of a day. The total market cap of crypto increased...

Edward Snowden bitcoin

Edward Snowden Believes China's Ban Made Bitcoin Stronger

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Edward Snowden, who previously worked for the U.S. National Security Agency as an IT expert, finds that Bitcoin only got stronger after the ban from China. On October 4, Snowden shared his opinion via a tweet. In May 2020, when China announced that trading crypto is illegal in the country, he wrote...

Novogratz

Novogratz highlights the giant potential of BTC technology

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Galaxy Digital CEO Mike Novogratz mentioned that investors do not need to fear the fall in the value of bitcoin. The main value of a cryptocurrency lies in its technology. We see the expansion of a qualitatively new ecosystem that is not subject to any state. Novogratz made similar statements...

Iran restarts bitcoin mining

BTC Mining Restarts in Iran After a 3-Month Ban

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Iranian authorities will enable licensed crypto miners to restart activities after a temporary ban announced by ex-president Hassan Rouhani on May 26, 2021, local media informs. Iran halted crypto mining due to extreme heat (around 120° F or 49° C), which caused power interruptions and a lack of...