Finland has sold 1889.1 Bitcoin (BTC) from its confiscated stash, earning roughly $48 million, Bloomberg News reported July 21. Reports revealed that the sold Bitcoins were connected to digital assets...
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Bitcoin, Binance Coin, Flow, and VeChain Daily Price Analyses – 21 July Morning Price Prediction
The global crypto market hasn’t been able to retain its momentum. The change has resulted in a turn from bullishness to the bearishness of Bitcoin and other coins. These changes resulted in a decline ...
Why Bitcoin Miners In Texas Have Suspended Mining Operations?
Bitcoin Miners have stopped mining operations in Texas to relieve pressure from the power grid. SATO CEO Nouzareth says managing loads of electricity through curtailment is beneficial for BTC miners....
Bitcoin Whale Selling Signals From Coinbase Premium, What Next?
With the sudden push in Bitcoin price in the last few days, speculation is rife around next big price action. However, institutional investors and big Bitcoin whales appear to have clear plans amid ma...
Developer Behind the World’s Best-Selling Video Game Has No Intentions of Using Blockchain and NFTs in Minecraft – Blockchain Bitcoin News
On July 20, 2022, Mojang Studios the Swedish video game developer behind the world’s best-selling game of all time said blockchain or non-fungible token (NFT) technologies are “not permitted to be int...
Crypto trading expert hints ‘potential area for longs’ on Bitcoin is approaching
As Bitcoin (BTC) struggles to keep its head above the $23,000 mark in the seemingly positive turn of events for the general cryptocurrency market, traders and investors are analyzing its price action,...
Tesla selling 75% of its Bitcoin is ‘great news’, says Tron founder
Tesla Inc. (TSLA) sold 75% of its Bitcoin (BTC) holdings for $936 million in the second quarter ending June, details from the company’s quarter 2 results showed. According to the electric carmaker, of...
The Case for Investing in Bitcoin During Crypto Winter
We can send bitcoin electronically in unlimited amounts, unlike the case with gold. We can easily divide it up into small increments, unlike a gold bar. While bitcoin is still nascent and not immune t...
Elon Musk: Tesla’s Bitcoin Sale Not a Verdict on the Asset
Tesla held $218 million worth of digital assets on its balance sheet as of June 30 Musk said crypto is “not something we think about a lot” Tesla sold roughly 75% of its bitcoin in the second quarter ...
Bitcoin Stumbles After a Marginal Recovery; What’s Next for BTC?
Bitcoin has been considered the mirror for the performance and growth of the cryptocurrency industry as a whole which is with a little over $1000 billion. Despite its dominance to the tune of 3x the m...
Tesla’s Bitcoin Sales Holds Up Musk’s Endless Dogecoin Love Era
Tesla retains $936 million in its balance sheet after selling BTC holdings. In the previous year, Tesla invested $1.5 billion in BTC. On Wednesday, Tesla Inc revealed in a letter to its shareholders, ...
The Problem With the Latest Bitcoin Price Rally
Key Takeaways Bitcoin has soared by more than 26% since July 12. On-chain data shows a spike in overleveraged traders while selling pressure surges. BTC needs to hold above the $20,500 support level...
Bitcoin Price Slips Again! Has the Rally Retroverted or Just a Minor Correction?
Bitcoin price is attempting to break above the bearish trend, but the market sentiments are dragging the price lower. With the announcement of Tesla letting off its 75% of Bitcoin reserves, the market...
Bitcoin Hovers Above $22,800 as Bulls Attempt the Previous High
Jul 21, 2022 at 11:11 // Price Bitcoin (BTC) price is making impressive moves as it breaks above the moving average lines. Still, the bulls could not sustain the bullish momentum above the moving aver...
Tesla Sells 75% Of Its Bitcoin Holdings – Elon Musk Says Will Still Buy BTC In The Future, Adding No Dogecoin Was Sold
– Advertisement – Tesla sold $936 million worth of Bitcoin in Q2 2022. Leading electric motor company Tesla in its latest earnings report, disclosed that it had sold 75% of its Bitcoin hol...
Crypto market cap remains above $1 trillion despite Tesla selling 75% of its Bitcoin holdings
Even though electric vehicle (EV) maker Tesla (NASDAQ: TSLA) has revealed that it sold $936 million worth of Bitcoin (BTC), or 75% of its holdings, during the second quarter, the market capitalization...
Tesla breaks even on Bitcoin sale, Musk confirms no Dogecoin was sold
Tesla released its Q2 2022 financial report on July 20, which showed the company had sold 75% of its Bitcoin holdings, netting $936 million in the process. “As of the end of Q2, we have converted appr...
Bitcoin rises above $24,000 as crypto market cap retakes $1 trillion
Bitcoin rose above $24,000 on Wednesday amid a broader crypto market rebound that has seen the global market cap surpasses $1 trillion. Bitcoin was trading at $24,173 at the time of writing, the first...
Bitcoin, Ethereum, Quant Price Analyses
Bitcoin Analysis Bitcoin’s price reached its highest level since June 13th and painted an indecision candle on Wednesday. As the day went on BTC sold-off to lower prices during the day’s second 12 ho...
Tesla Sold Bitcoin Worth Over $930mn, Elon Musk Blamed Cash Crunch—Spared Dogecoin
Elon Musk clarified Tesla’s Bitcoin selling is a temporary move and they still hold Dogecoin. Electric car manufacturer giant, Tesla reported selling their bitcoin holdings. Overall, Tesla sold ...
Bitcoin Adoption Grows Rapidly In Emerging Markets: Here’s Why
Bitcoin was the first ever cryptocurrency to launch and even now it remains by far and away the most dominant form of digital money. Indeed, so strong is its primacy in the crypto world that it’s lead...
Bitcoin Holds Steady Above $22K Even As Elon Musk’s Tesla Dumps 75% Of Its BTC Holdings ⋆ ZyCrypto
Advertisement     Tesla has sold 75% of its bitcoins in a move that has triggered market hysteria. The sale was seemingly made to prevent a negative cash flow this qua...
Ghana Ranked as Country With Second-Highest Debt Default Risk Globally – Economics Bitcoin News
According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps), Argentina (4,...
Bitcoin Cash Is Stuck Below $139 as It Fails to Regain Bullish Momentum
Jul 21, 2022 at 10:10 // Price The price of Bitcoin Cash (BCH) is in a downward correction after rallying and getting stuck at the 50-day line SMA. Since July 13, BCH has been trading marginally as it...
BTC, ETH and XRP Price Analysis for July 20
Bulls keep dominating on the market as most of the coins are in the green zone. Solana (SOL) is the only exception from the rule, going down by 0.75%. BTC/USD Bitcoin (BTC) is the biggest gainer from ...
Bitcoin Bear Market Could Last Another 5-6 Months
According to Grayscale the current bear market might last another 250 days. As of July 12, 2022, the market completed 1,198 days of the current 2020 cycle. Grayscale investment, the most prominent dig...
Elon Musk swore in March not to sell any Bitcoin, but Tesla cashed out 75% of its Bitcoin holdings amid the crypto winter just months later
Electric vehicle maker Tesla sold $936 million worth of Bitcoin, 75% of its holdings, in the second quarter, according to a shareholder deck released in anticipation of its earnings call on Wednesday....
Tesla meets Q2 expectations, sells 75% of its Bitcoin
Tesla (TSLA) reported its Q2 earnings after the closing bell on Tuesday, meeting analysts’ estimates, following a prolonged COVID-induced shutdown at its Shanghai production facility. The company also...
Trade Republic, Crypto.com Register as Cryptocurrency Operators in Italy – Bitcoin News
German investment platform Trade Republic and digital asset exchange Crypto.com have registered as crypto service providers in Italy. Since February, the financial authorities in Rome maintain a regis...
21Shares Launches Bitcoin & Ethereum ETPs Targeting Less Volatility
Amid the crypto market downturn, Swiss crypto ETP issuer 21Shares is now offering investors low-risk exposure via its BTC & ETH ETPs. Leading crypto exchange-traded products (ETPs) issuer 21Shares...
Register Here for a Weekly Update on African News – Promoted Bitcoin News
The African continent may not be the biggest crypto/blockchain market yet but the growing adoption of the technology illustrates that this will likely be a key market in the future. For instance, inst...