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BTC

Bitcoin dominance index plunges to a seven-month low

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Against the background of the stagnation of bitcoin (BTC), the rest of the cryptocurrencies are confidently strengthening their positions. The BTC dominance index is now at its lowest level in seven months. This indicator fell to 55.9% in early April. The price of bitcoin on Monday, April 5, fell...

Tyler Winklevoss on Bitcoin Ban

Tyler Winklevoss Says BTC Left Behind the Risk of US Ban

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The Gemini CEO Tyler Winklevoss believes it's unlikely Bitcoin will get banned in the US. First, he expressed this opinion via a tweet on March 27. Later, on April 3 Winklevoss brothers had an interview with Peter McCormack in terms of the "What Bitcoin Did" podcast. Another fun...

Peter Schiff another BTC tweet

Peter Schiff Made an April 1 Joke About Bitcoin

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On April 1, American stockbroker, financial strategist, and radio personality Peter Schiff tweeted about Bitcoin saying he changed his mind about the cryptocurrency. This was great as the businessman is one of the biggest Bitcoin critics and thinks that the coin is a bubble. However, later Schiff...

Bitcoin mining difficulty

BTC Mining Difficulty Reaches New Highs

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BTC mining difficulty has gone up to new highs after a comparatively slower period of few months. Data reveals that the Bitcoin network's mining difficulty indicator reached 23.14 Trillion on April 1, 2:00 UTC. This is 5.82 higher than the previous record set on March 20. In terms of the...

Tesla

Tesla helps fix BTCPay Bitcoin processing bug

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Tesla pointed out a vulnerability in the code of the BTCPay Server processing service. The developers have released an update and expressed gratitude for the assistance. BTCPay founder Nicholas Dorier said that Tesla contacted the developers after conducting an audit. The service representatives...

Bitcoin performance

Bitcoin Is Seeing Its Best Performance Since 2013

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BTC has been seeing the best quarter of its performance after the year 2013. The first quarter of 2021 came to the end. The majority of top cryptocurrencies have made progress during this interval. The entire market cap of all crypto assets stands at around $1.9 trillion currently. Bitcoin trades...

Blockstream

Blockstream will launch Bitcoin hashrate-backed token

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Infrastructure company Blockstream has announced the release of security tokens designed to make it easier for investors to mine the first cryptocurrency. Each Blockstream Mining Note (BMN) will grant the owner the right to mine bitcoin with a hash rate of 2000 TH / s at the company's facilities in...

CoinShares

CoinShares records weakening institutional interest in BTC

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Analysts at the asset management company CoinShares found out that the interest of institutional investors in cryptocurrencies has decreased by the end of the past week. The team's report says that last week ending March 27, investments in crypto-focused products totaled just $ 21 million, the...

Bitcoin

Bitcoin dominance index plunges to six-month low

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Bitcoin tried to resume expansion earlier this week and break above $ 60,000. However, the coin was able to only briefly exceed $58,000 and then rolled back again. On the night of Tuesday, March 30, the BTC rate is holding around $ 57,750. The bitcoin dominance index is now at its lowest value...

Bank of Korea

Bank of Korea believes that CB tokens will replace bitcoin

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If central banks launch CBDCs, then Bitcoin will lose popularity among investors. This is the opinion of the leadership of the Bank of Korea. The head of the regulator Li Zhu-Yeol stressed that BTC will gradually become history, as the decentralized cryptocurrency will simply cease to be used....

Bitcoin

Long-term Bitcoin storage trend continues to dominate

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Bitcoin supporters, or so-called hodlers, continue to hoard cryptocurrency despite periodic pullbacks. Many analysts often pay attention to this trend. The Glassnode team found out that the Bitcoin market supply fell to a three-month low (45.36%). More than half of the cryptocurrency is now stored...

Charles Hoskinson

According to Hoskinson US will not ban bitcoin

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Charles Hoskinson, CEO of the IOHK company behind Cardano, vehemently rejected the possibility of a US government banning the first cryptocurrency. During the AMA (ask me anything) session, he said: “This ship sailed. Bitcoin is not...

Iridium

In 2021 Iridium is better than Bitcoin

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One of the rarest metals, iridium, has risen in price by 131% since the beginning of the year, ahead of bitcoin, which added 85% in price. A byproduct of platinum and palladium mining, the metal trades at $ 6,000 an ounce. At the beginning of the year, quotes were slightly below $ 2,600. The rally...

Bitcoin fraud

British fraudster ordered to pay a fine for stealing BTCs

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UK citizens will pay $ 571 million for cryptocurrency fraud. The corresponding decision was made this week by the New York District Court. The Commodity Futures Trading Commission (CFTC) initiated the lawsuit. According to the American regulator, a resident of Manchester, Benjamin Reynolds,...

New Zealand

New Zealand pension fund invests 5% of assets in Bitcoin

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NZ Funds Management's voluntary retirement growth fund in New Zealand has invested 5% of its $ 350 million in BTC. In October 2020, the company amended the investment declarations of the funds to invest in cryptocurrencies. Chief investment strategist James Grigor does not exclude the possibility...

Bitcoin

Traders bet on bitcoin growth to $80,000

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Bullish sentiments still dominate in the camp of crypto traders. This is evidenced by the data of the derivative crypto exchange Deribit, whose users are launching options on bitcoin with a strike price of up to $ 80,000. The terms of such contracts will end on April 30. March Bitcoin Options...

Bitcoin addresses

The Number of BTC Addresses With 1 Coin or Less Is Growing

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Data provided by blockchain analytics firm Glassnode shows that the number of addresses having one Bitcoin or less now is 5.20% of the entire supply of the cryptocurrency. After hitting tops of around $1.83 Trillion, the market capitalization of Bitcoin fell. At the moment it states at around $989...

Fidelity Bitcoin ETFs

Fidelity Requested for a Bitcoin ETF

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On March 24, Boston-based major financial institution Fidelity Investments submitted documents with the SEC to get authorization to issue its BTC exchange traded fund. The ETF which will enable betting on the price of BTC without buying or storing the coin will operate under the name Wise Origin...