The President of El Salvador, Nayib Bukele, announced that the country bought 500 Bitcoin at a price of $30,744 each, executing the famous “buy the dip”. It is unfortunate that the attitude of the cit...
Category: Bitcoin
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MSTR and Tesla Near BTC loss! How are Institutions Dealing With Crypto Crash?
Every investor is concerned about the crashing cryptocurrency market. The largest Bitcoin (BTC) holding institutions have experienced the same thing. In the midst of the crash, public companies like M...
R. Kiyosaki asserts ‘Bitcoin is in a bear market’ but so are stocks and bonds
As the bearish streak for the entire cryptocurrency market along with its major assets, such as Bitcoin (BTC) and Ethereum (ETH) continues, a lot of the market participants are starting to wonder abou...
Mexican Crypto Exchange Bitso Launches Stable Yield Program – Exchanges Bitcoin News
Bitso, a Mexico-based cryptocurrency exchange, is expanding its range of crypto investing options. The company has announced it will now allow customers to earn funds just by holding bitcoin or stable...
Go green or die? Bitcoin miners aim for carbon neutrality by mining near data centers
Bitcoin (BTC) mining has always been a controversial topic. But, Bitcoin’s proof-of-work (PoW) model has reached new levels of concern as senior decision-makers and investors pay closer attention to e...
BEAC states its opposition to Bitcoin
BEAC, the Central Bank of Central Africa, criticizes in a letter the Central African Republic’s decision to make Bitcoin legal tender. According to BEAC, the Central African Republic made a mistake wi...
Billionaire Mike Novogratz Warns Bitcoin and Crypto Carnage Far From Over
Galaxy Digital CEO and billionaire Mike Novogratz says he doesn’t think the crypto markets will bounce back any time soon. In the 2022 Galaxy Digital Q1 investor call, the CEO of the investment manage...
Bitcoin Miner CleanSpark Announces Second Quarter 2022 Financial Results, Beating Analyst Expectations
CleanSpark announced financial results for the second quarter of 2022, with total revenue for the quarter quadrupling year-on-year to $33.5 million and adjusted earnings before interest, taxes, deprec...
Going ‘To Zero’—Panic Is Sweeping Crypto Markets, Hitting The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Solana, Terra’s Luna And Avalanche
Bitcoin BTC and cryptocurrency markets have fallen sharply after the controversial algorithmic stablecoin TerraUSD (UST) dropped further from its dollar peg (following a serious “ripple” w...
Bitcoin Exchange Inflows Increase during Market Correction
In a major turnaround, Bitcoin exchanges saw significant inflows during the last 7 days as large crypto addresses started moving digital assets from wallets to trading platforms. According to Santimen...
Cryptocurrency Exchange Kucoin Raises $150 Million in Pre-Series B Funding Round, Reaches $10 Billion Valuation – Bitcoin News
Kucoin, a Seychelles-based cryptocurrency exchange, has announced it has raised $150 million in a pre-Series B funding round. The negotiation, which was led by Jump Crypto with the participation of ot...
Bitcoin Addresses with 1 BTC Surpass 830,000 as Number of Retail Investors Grows
Data from on-chain analytics company Glassnode indicates a significant rise in the number of Bitcoin addresses holding more than 1 BTC. Holding of at least 1 BTC has marked a new all-time high of 836,...
Saylor Defends Microstrategy’s BTC-Backed $200M Loan
The business intelligence software provider MicroStrategy recently got a $205 million loan from the Silvergate Bank. The move soon faced criticism from investors as they were concerned about the compa...
Ethereum rises vs. Bitcoin despite crypto market rout — will ETH/BTC gain 50% by June?
Ethereum’s native token Ether (ETH) has grown stronger against its rival for the top position — Bitcoin (BTC) — despite an ongoing crypto market rout. But can the ETH/BTC pair continue to rally ...
Peter Brandt Warns Coinbase Users ‘Your Bitcoin No Longer Belongs To You” If Exchange Goes Bankrupt, Brian Armstrong Reacts
– Advertisement – Coinbase Q1 2022 $430 Million Net Loss and Disclosure Cause Panic as Exchange Founder Clears the Air. Coinbase has come under heavy attack for its recently published Q1 2...
Michael Saylor Says MicroStrategy Could Post ‘Other Collateral’ if Bitcoin Crashes
MicroStrategy CEO Michael Saylor has been a vocal Bitcoin advocate, with his company holding 129,218 Bitcoin (nearly $4.1 billion worth) as of its latest quarterly earnings report. While being the big...
$1,270,000,000 in Bitcoin Moved to Crypto Exchanges As BTC Struggles Above $30,000: Analytics Firm
Analytics firm Santiment says leading digital asset Bitcoin (BTC) is being moved onto exchange platforms at a rapid rate amid a sharp crypto market downturn. Santiment notes a net sum of about 40,620 ...
Townsquare Media adds Bitcoin worth $5 million to its balance sheet
Even though the crypto market has undergone considerable losses over the Q1 of 2022, various companies have preferred to hold digital assets; an example is Townsquare Media. These companies are aware ...
Bitcoin City Layout Unveiled: Will Crypto Metropolis Help El Salvador’s Ailing Economy?
President of El Salvador Nayib Bukele, one of the most famous Bitcoin proponents, is elevating the cryptocurrency to a grand level. He is building a Bitcoin city. Bukele stated that the country’s ambi...
Bitcoin Price Analysis: BTC Remains At Risk Below $32K
Bitcoin price extended decline below the $35,000 zone against the US Dollar. The price is now trading below $32,000 and the 55 simple moving average (4-hours). There is a key contracting triangle form...
Ukraine’s New Fundraising Platform Accepts Crypto, Allows Donors to Allocate Funds – Bitcoin News
United24, a new fundraising platform announced recently by Ukrainian President Volodymyr Zelenskyy, accepts a number of cryptocurrencies, alongside traditional payment methods. The initiative also per...
El Salvador President Nayib Bukele Reveals the Model of the Bitcoin City – crypto.news
Following an announcement that the Bitcoin nation-state of El Salvador had bought the dip, President Nayib Bukele released a model of Bitcoin City. Building the Bitcoin City Several pictures that debu...
Michael Saylor Remains Positive on BTC Despite Market Crash
9 hours ago | 2 mins read Bitcoin News Michael Saylor urges investors to be confident on BTC. BTC’s current downfall did not affect MicroStrategy drastically. MicroStrategy has other plans for collat...
Are Institutional Investors Dumping Bitcoin Amidst Crypto Market Crash?
The Coinbase Price Premium began trading in the negative on May 2nd and according to Cryptoquant data, traditional financial investors accounted for the majority of Bitcoin sales. Institutional inves...
BTC/USD Sharply Sinks to Lowest Level Since July: Sally Ho’s Technical Analysis 11 May 2022 BTC
Bitcoin (BTC/USD) extended its recent sharp slide early in the Asian session as the pair depreciated to its weakest level since July 2021, trading as low as the 29735.05 area. Stops were elected belo...
Top Diamond Producer De Beers Deploys Blockchain-Based Platform at Scale – Blockchain Bitcoin News
De Beers, one of the leading diamond-producing companies globally, recently announced the deployment of its blockchain-based diamond source platform at scale. The platform will “enable the provision o...
Bitcoin and Lightning in Mozambique
Bitcoin (BTC) is for all. For you, for Michael Saylor in Miami, and for 38-year-old Jorge, a Mozambican family man who’s using the largest cryptocurrency to make ends meet. Jorge, who goes by hi...
Townsquare Media Purchased $5 Million in Bitcoin During Q1 2022
Townsquare Media (NYSE: TSQ) – a New York-based radio network and media company – revealed that it purchased $5 million in Bitcoin during Q1 2022 in a recent SEC filing. It claims to believe in the “l...
Bitcoin Struggles Below $32K, Why Downtrend Could Resume
Bitcoin attempted a recovery wave above $32,000 against the US Dollar. BTC is struggling and remains at a risk of more losses below $30,000. Bitcoin started a short-term recovery wave after it tested ...
Price of RACA’s MPB, NFTs From Elon Musk’s Mother, Rise More Than 35% As Crypto Market Crashes & Bitcoin Falls » NullTX
As the cryptocurrency market experiences a drastic drop that has brought the price of Bitcoin back into the $31K range (down 52% from its all-time high of $69,000), Matrix Plus Boxes (MPB), the exclus...
Michael Saylor Suggests MicroStrategy Will Never Sell Its Bitcoin
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Founder and CEO of business-intelligence softwar...
Bitcoin, Binance Coin, XRP, and Dogecoin Daily Price Analyses – 10 May Roundup
The global crypto market hasn’t seen any significant changes as the losses for Bitcoin, and some other major coins persist. Though the market was continuing towards bullishness, the past 24 hours didn...