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On May 5, Buenos Aires-based e-commerce technology firm Mercado Libre published the Q1 results of the company, where it stated buying $7.8 million worth of BTC. The firm added recently acquired coins to its balance sheet. In the issued press release Mercado Libre published the progress of the...
China continues to control the lion's share of the BTC hashrate. However, in the expert environment, some have already paid attention to factors signaling a gradual decrease in the influence of the Celestial Empire on the BTC network. According to Chun Wang, co-founder of one of the greatest mining...
A bill brought in the NY State Senate considers halting BTC mining for 3 years to study deeply its consequences for the surroundings. Bill 6486 was put forward by Senator Kevin Parker to the Senate's Committee on Environmental Conservation. If approved Bitcoin mining will be allowed only after a...
Widely followed American stock market S&P Dow Jones presented indexes of BTC and Ether. The entity first disclosed the intention in December 2020. The initial plan was to launch indices for the leading 550 most exchanged crypto coins and tokens. Released S&P Bitcoin Index (SPBTC) and...
American billionaire businessman, vice-chairman of the US-based international conglomerate holding firm Berkshire Hathaway, Charlie Munger considers Bitcoin advancement "disgusting". He stated this opinion at the yearly meeting of the company held on May 1. Although Munger has never...
The income of the miners of the first cryptocurrency in April was $ 1.7 billion. The indicator yielded the record revenue in March when it reached $ 1.75 billion. Of the total miners' income in April, 14.51% came from transaction fees - $ 247...
Since 2015, every April has proven to be a successful month for Bitcoin. However, this year's winning streak will be interrupted. The largest digital currency is ending its second month of spring in the red. On the night of Friday, April 30, the BTC rate fell to $53,000. The capitalization of...
BTC mining firm Genesis has ordered machines valued at $93.63 from computer hardware manufacturer Canaan. Particularly, Genesis is going to receive Canaan's most recent AvalonMiner A1246 model, which has a hashrate capacity of 90 tera hashes per second (TH/s). Currently, the BTC computing potential...
Kansas City player Sean Culkin is the first in the National Football League (NFL) to receive a 2021 salary of $ 920,000 in bitcoin. Culkin called it "not the wisest financial decision." However, he added that he is counting on long-term investments. Another footballer, Trevor Lawrence,...
On Monday electronic car company Tesla reported its financial results for the first quarter of this year. It became known that the business owned by Elon Musk sold 10% of its $1.5 Billion worth of Bitcoin holdings acquired in February. The report stated that Tesla holds and may invest in digital...
Caracas Air, the largest aviation training center in Venezuela, has begun accepting the first cryptocurrency for training payments. For those who choose the new form of payment, the school is ready to provide discounts and funding plans, said Oliver Laufer, co-founder, and CEO of Caracas Air....
Renowned financier Tim Draper is on the list of so-called "bitcoin bulls". Back in April last year, he announced that over the next few years, the BTC rate would reach $ 250,000. Draper attended the Collision Online Summit late last week. During his speech at this event, the financier...
The Grayscale Bitcoin Trust (GBTC) hit a record low of -18.92% on April 22. This means that the market price of GBTC shares is 19% down than its net asset value (NAV). GBTC started trading at a discount price first time in late February. There are several reasons for this. One of the main ones is...
The CEO of California-based venture capital firm Pantera Capital, Dan Morehead assumes that the price of Bitcoin may break $200.000 by 2022. He shared the analysis on social media. Morehead's view is based on the growing number of BTC adoption. In the published paper, he presented statistics that...
It is no longer possible to ignore Bitcoin, and this tool is becoming mainstream. This is the opinion of Bill Miller, a financier and founder of Miller Value Partners. On the air of CNBC, he said that the rally that we have been observing over the past months is qualitatively different from the...
Bitcoin price has been wavering around $52700 and $56.000 in the previous 24 hours. The weakening price caused the dominance index decline which went as low as 50.98%. When BTC loses its dominance to altcoins, then alt season begins. Statistics show that whenever this happens, altcoins began to...
Managing Director at J.P. Morgan Nikolaos Panigirtzoglou noted that if Bitcoin's price doesn't go back $60.000 in the near term, the further fall will be more probable. Strategists of the institution stated that during the last several days, Bitcoin futures markets have seen a large liquidation as...
In a review by the Block Research team, it is said that March 2021 was the record month for the volume of Bitcoin transactions. As a result, this figure reached $ 366.27 billion - this is the maximum in the entire history of the largest cryptocurrency. The previous record was recorded in February....
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