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Category: Bitcoin
Live Bitcoin News Updates.
MicroStrategy says it may explore more ‘yield generation opportunities’ following bitcoin-backed loan deal
MicroStrategy announced its first-quarter financial results for 2022 on Tuesday, reporting $119.3 million in revenues for the period. The firm, which holds more than 129,000 BTC on its balance sheet, ...
Crypto Industry Leader Bitcoin.com Secures $33.6 Million in VERSE Token Private Sale – Promoted Bitcoin News
On Wednesday, the leading crypto industry firm, Bitcoin.com, announced it has concluded a private sale of its VERSE token and secured $33,600,000 from strategic investors. VERSE is meant to bolster Bi...
Bitcoin Dives to $37,000, Nasdaq Falls Nearly 5% – Trustnodes
The Powell rally did not last longer than an hour as much sudden green gave way to even more red this Thursday. The Nasdaq 3% gain is now a 4.5% fall with Dow Jones and S&P500 likewise shedding of...
Bitcoin.com finalizes private sale of $33.6 million VERSE token
Bitcoin.com has announced that it has finalized a private sale of $33.6 million for the VERSE token attracting various participants including Digital Strategies, BoostX Ventures, Blockchain.com, KuCoi...
Gucci accepts Bitcoin and other crypto in the US
Italian luxury giant Gucci has announced that it will accept as many as 10 cryptocurrencies as a mode of payment, including Bitcoin, in some US shops. Gucci accepts Bitcoin and 10 other crypto Gucci i...
Bitcoin To Join Gucci Gang: Luxury Brand To Accept BTC Payments
Gucci, the iconic fashion brand will initiate accepting the crowned crypto asset Bitcoin in some of its US-based stores. Apart from Gucci, other brands have already initiated accepting Bitcoin as paym...
Bitcoin Holder MicroStrategy Releases Q1 2022 Earnings Report, Appoints New CFO – crypto.news
MicroStrategy’s earnings report for Q1, 2022, released on May 3, shows the company recorded a non-cash digital asset impairment charge of $170.1 million during that period. The company has also announ...
Coinbase And Goldman Sachs Join Forces On First Bitcoin-Backed Loan
Coinbase, one of the biggest crypto exchange platforms, has used Bitcoin as collateral for a cash loan with Goldman Sachs; terms as to the number of loans or interest rates are undisclosed as of this ...
Bitcoin bulls gain a foothold in the market as BTC targets $40,000
Following a strong rise on May 4, the Bitcoin (BTC) to U.S. Dollar exchange rate is declining in early U.S. trade on Thursday, May 5. The bulls still have a lot of work cut out to do in the short ter...
Bitcoin Miner Announces Losses – Trustnodes
Marathon Digital Holdings, one of the biggest publicly traded bitcoin miner, had one of the first loss during their first quarter with the company stating: “Despite higher earnings contributions resul...
BTC Heads Towards $40,000 Following FOMC – Market Updates Bitcoin News
Bitcoin moved closer to $40,000 during Thursday’s session, as traders continued to react to yesterday’s Fed rate hike. The FOMC opted to increase interest rates by 0.5% during May’s meeting, which is ...
Bitcoin celebrates halfway to the halving with new hash rate record
Bitcoin (BTC) marks a milestone mining journey on Thursday, crossing the halfway point on the way to its next halving. In Block number 735,000, mined at approximately 10:29 UTC, Bitcoin crossed the h...
Bitcoin now at mid point to next halving
Bitcoin is the preeminent cryptocurrency, and the world’s only hope for a sovereign money that can be truly owned and spent with no government or any other organisation having any say in the matter. I...
BTC Price Consolidates Below $40,000; A 10% Bounce Is Awaited
BTC price took a breather following the previous day’s mammoth gains. The price hovers in a very tight range with no meaningful price action. The bitcoin price rose sharply amid a retreat in the U.S d...
ECB Favors Transparency Over Privacy in Digital Euro Design, Presentation Reveals – Finance Bitcoin News
The European Central Bank (ECB) leans toward a “transparent” digital euro over one that ensures a higher level of privacy for its users, a presentation devoted to the project has indicated. In the doc...
Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset ‘pain trade’
Bitcoin (BTC) consolidated below $40,000 on May 5 after United States economic policy excitement saw a spike to one-week highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed sparks ...
Bitcoin.com Completes a $33.6M Private Sale for its New Ecosystem Token VERSE
Miami, Florida, 5th May, 2022, Bitcoin.com announced today it has completed a private sale of USD $33,600,000 for the Bitcoin.com VERSE token with participation from Digital Strategies, KuCoin Venture...
As Bitcoin drops to its lowest ebb this year, are we looking at a continued bear market
The latest Glassnode weekly report suggests a picture of a potential bear market floor. With an increasingly desperate macro situation, Bitcoin dropped to its lowest ebb since mid-February. The report...
Kazakhstan Amends Registration Rules for Cryptocurrency Miners – Mining Bitcoin News
The government of Kazakhstan has revised the registration requirements for persons and companies involved in crypto mining. The updated regulations come amid an ongoing clampdown on the industry in th...
Bitcoin Rallies as Bulls Try to Overcome $40,046 Resistance
May 05, 2022 at 10:49 // Price The Bitcoin (BTC) price retreated after an impressive rally to the high of $40,046. The upside is encountering rejection at the recent high and the 21-day line SMA. Bitc...
Bitcoin Option Expiry in Next 48 Hours, Here’s How BTC Price Might Respond
Today the cryptocurrencies have opened the market on a bullish note as the major cryptocurrencies are all trading in green. Bitcoin, the currency that was hovering between the $37,000 and $39,000 rang...
Ricardo Salinas’ Bitcoin Masterclass, Part 1: Fiat Fraud – w/ Keiser & Herbert
By now, Mexican billionaire Ricardo Salinas is a bitcoin staple. His keynote at the Bitcoin 2022 conference was the talk of the town, and the fact that he has 10% of his assets in bitcoin can’t be ign...
IMF Expresses Concern Over Central African Republic’s Bitcoin Adoption
The International Monetary Fund (IMF) has voiced concerns over the Central African Republic’s adoption of bitcoin as legal tender saying it raises a number of challenges for the country and region. Th...
Uzbekistan Enables Companies to Mine Bitcoin Using Solar Energy (Report)
The government of Uzbekistan will reportedly allow local firms to mine digital assets using solar energy. It will also exempt all crypto mining operators from paying income tax. Uzbekistan Urges for U...
Riot sells half of bitcoin mined in April after 150% month-over-month production increase
Bitcoin miner Riot announced Tuesday that it sold about half of the bitcoin it mined in April, generating a total of $10 million in net proceeds. The company has recently shared an ambitious expansio...
Decoding what Bitcoin ETF data signifies for the flagship token’s future
There is a cloud of uncertainty currently looming over Bitcoin especially ahead of Wednesday’s critical announcements. The charts may not provide any clarity over what to expect but a look at on-chai...
Bitcoin (BTC) Price Spikes Following Feds agreement to increase interest rates
Bitcoin (BTC) has surged, courtesy of the Feds decision to increase interest rates. The cryptocurrency soared closer to $40,000, and is still sustaining gains at press time. Asides from the big bull’s...
Bitcoin (BTC) Creates Bullish Engulfing Candlestick, Breaks Out From Consolidation Pattern
Bitcoin (BTC) increased by more than 5% on May 4 and broke out from a descending wedge that had been in place since April 18. Bitcoin has been gradually decreasing after being rejected at $43,000 on A...