MicroStrategy purchased 53,922 BTC for an average buying price of $48,710. This takes the total BTC held by the company to 124,391 The company incurred $146.6 million of bitcoin impairment costs. Impa...
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India Declares That Bitcoin Will Never Be Legal Tender In Its Country
The government of India has stated that cryptocurrencies will never be considered as legal tender. India’s finance secretary, T.V. Somanathan, clarified while speaking with Asia News International tod...
El Salvador Switches Tech Providers — Chooses Alphapoint to Operate Chivo Bitcoin Wallet – Bitcoin News
On February 2, 2022, the blockchain infrastructure provider Alphapoint has announced that the Salvadoran government has chosen the firm to operate the bitcoin wallet Chivo. The bitcoin wallet is the l...
Grayscale rolls out an ETF that tracks shares of firms involved with BTC
Leading crypto asset management firm Grayscale Investments has rolled out an exchange-traded fund (ETF) that comprises shares of 22 public companies that are deeply vested in the crypto space. A repor...
Bitcoin Nosedives Below $38k As Tech Stocks Take A Beating, Pandemic Gains Disappears
Bitcoin was down in the afternoon session on Wednesday, as bargain hunters and dip takers failed to maintain this morning’s momentum. The premier crypto continues to maintain price action similar to t...
Bitcoin price analysis: BTC drop to previous low at $3,700, will the support hold?
TL;DR Breakdown Bitcoin price analysis is bearish today. BTC/USD peaked around $39,000 yesterday. Swift drop was seen earlier today. Bitcoin price analysis is bearish today as we have seen the beginni...
Blockchain experts explain the philosophy behind Bitcoin
In the final chapter of Cryptonites three-part documentary, some of the most prominent figures in the crypto space, including Andreas Antonopoulos, Levina Osbourne, Joel Dietz, Roger Huang, and many o...
BTC/USD Targets Support at $37,000 Level
Bitcoin Price Prediction – February 2 The Bitcoin price prediction resumes the decline after touching the daily high at $38,888, but the buying interest may increase on approach to $39,000. BTC/USD Lo...
Bitcoin (BTC) And Ethereum (ETH) Price To Hit This Level By The End Of This Year !
Bitcoin (BTC) may have fallen short of the $40,000 mark, but this week’s advances have aided in the formation of a more meaningful breakout for underlying price strength. Over the previous day, the wo...
MicroStrategy’s Bitcoin Impairment Charge Swells to $147 Million in Q4 2021
The world’s biggest corporate bitcoin holder MicroStrategy has reported a $146 million impairment charge on its digital asset investment. MicroStrategy Loses $147 Million in an Impairment Charge The d...
Jeremy Allaire: BTC Will Reach Seven Figures
Bitcoin has been suffering heavily as of late. The world’s number one digital currency by market cap has lost nearly $30,000 from the recent all-time high it hit back in November of 2021. During that ...
Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government – Regulation Bitcoin News
Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a tenth of the global holdings and may s...
Volume Of Bitcoin Illiquid Supply Points To Growing Bullish Sentiment
The way bitcoin holders move the BTC in and out of their wallets can often be a strong indicator of where the market might be headed next. Not just the movements of the asset, but where they are being...
Bitcoin Has The Potential To Be Primary Monetary Good – Fidelity
By the end of this year Bitcoin will exceed $60,000, with 41% expecting it to trade at such value by the ending of the year, 9% expecting it to trade over $80,000, and 5% expecting it to trade at $100...
Michael Saylor Interviews Jack Dorsey About Bitcoin Principles, MicroStrategy Purchases 660 More BTC
MicroStrategy CEO Michael Saylor recently held a live keynote session with Jack Dorsey, CEO of Block Inc., in which the two executives discussed the principles behind Bitcoin and what its outlook is f...
Bitcoin Mining Revenue Plummets To 6-month Low Amid Downtrend
On-chain data shows Bitcoin miner revenues have now declined to six-month lows as the price of the crypto has continued to struggle recently. Bitcoin Miner Revenues Fall To 6-Month Lows As per the lat...
Bitcoin, Stocks Rebound to End Month, But Sell-Off May Continue, Analysts Warn
Bitcoin and stocks mobilized without a second to spare Monday, paring misfortunes, yet examiners say difficult situations might be ahead With bitcoin’s relationship to the financial exchange on the as...
Quant Climbs 20%, as Loopring Selloff Extends – Market Updates Bitcoin News
After earlier spells of consolidation, the tide turned on cryptocurrencies this afternoon, with markets finding themselves in a red wave. Quant managed to evade the wave, climbing by as much as 20% du...
NVT Ratio Suggests BTC Is Currently Undervalued
On-chain data shows the Bitcoin NVT ratio currently has values that would suggest the crypto is undervalued at the moment. Bitcoin NVT Ratio Is Moving On A Downtrend Right Now As pointed by an analyst...
MicroStrategy CEO: ‘BTC is the most disruptive force of the decade’
Bitcoin crashed to a low of $33,000 in January, which MicroStrategy Incorporated (NASDAQ: MSTR) saw as an opportunity to load up on the world’s largest cryptocurrency. The known BTC bull investe...
Bitcoin and Ethereum Are Struggling, But NFT Avatars Aren’t
Key Takeaways NFT avatar projects such as Bored Ape Yacht Club and Azuki are soaring in value. The renewed interest in NFTs could be due to the lack of momentum in the wider crypto market. Despite the...
Investment Giant Fidelity Names Two Bullish Catalysts That Can Push Bitcoin (BTC) to Greater Heights
Financial services giant Fidelity is making the case for Bitcoin (BTC) as a strong investment despite BTC’s recent tumble from a November all-time high above $69,000 by more than 50%. In a new report,...
This May Be Expected From Bitcoin(BTC), Ethereum(ETH) & XRP Price
Bitcoin(BTC) The BTC price had maintained a notable uptrend since the last fortnight which is approaching the crucial resistance levels. Here the possibilities of rejection may be expected which could...
BTC/USD Capped Around 39300: Sally Ho’s Technical Analysis 3 February 2022 BTC
Bitcoin (BTC/USD) was capped on the upside early in today’s Asian session as the pair failed to progress above its recent relative high of 39300, and traded as low as the 38212.01 area during the Euro...
Bitcoin: What these indicators say about a possible bullish scenario in the near term
Bitcoin, the world’s largest cryptocurrency, continues to trade below $40k, with many suggesting that the crypto-winter is finally here. In fact, some analysts expect crypto-volatility to remain eleva...
Bitcoin Struggles Inside “Oversold” Territory, But Analysts Say Multi-Year Bull Run Isn’t Over ⋆ ZyCrypto
Advertisement     Bitcoin, Ethereum, Cardano, Solana, and other cryptocurrencies continue to be betwixt and between as prospects of an aggressive Federal Reserve polic...
Bitcoin Consolidates After Yesterday’s Rally – Market Updates Bitcoin News
Hump-day provided a hurdle for cryptocurrency prices, which mainly consolidated, after a strong start to February. Bitcoin and ethereum were both trading lower during today’s session. Bitcoin BTC/USD ...
Bitcoin, Ether, and NFTs will ‘never become legal tender’ in India, says Finance Secretary
T.V. Somanathan, the finance secretary for the Indian government, is reportedly pushing back against the narrative cryptocurrencies will be widely accepted in the country — by dismissing the possibili...
BTC, DOGE and SHIB Price Analysis for February 2
Bulls could not hold the initiative for long, and most of the coins have returned to the red zone. Polkadot (DOT) is the only exception to the rule, going up by 1.35%. Top coins by CoinMarketCap BTC/U...