Bitcoin’s price continued to fall Wednesday, reaching its lowest position since late February, not content to simply erase its recent gains. Bitcoin fell 8% in under 24 hours, dipping below $36,000 be...
Category: Bitcoin
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Block Report: Cash App Bitcoin Sales Comes In At $1.73 Billion During Q1 2022
Block, formerly known as Square, announced on Thursday that its Cash App generated $1.73 billion in bitcoin purchases in the first quarter of 2022. Block Releases Q1 2022 Report On Thursday, Block Inc...
Luna Foundation Guard acquires additional 37,863 BTC as part of reserve strategy
Luna Foundation Guard (LFG), a Singapore-based nonprofit tied to the Terra Luna ecosystem, has raised another $1.5 billion to further expand its already hefty Bitcoin (BTC) reserves. The raise allowed...
Largest private bank LGT to offer direct Bitcoin and Ethereum investments
The Liechtenstein royal family-owned bank, LGT, now offers clients direct investments in Bitcoin and Ethereum while also providing custody services. The private bank announcement stated that the servi...
Gucci Announces Crypto Pilot Program; Will Pool BTC Price in Real-Time
On Wednesday, luxury fashion house Gucci announced a pilot crypto program that will begin at the end of this month. The program will initially begin in five of Gucci’s U.S. stores, according to a repo...
Bitcoin.com Raises 33.6 Million In Private Sale For Its VERSE Ecosystem Token
Bitcoin.com has completed its private sale for the Bitcoin.com VERSE token. The fund is valued at $33,6 million and noted strong participation from key industry leaders, including KuCoin Ventures, Blo...
MicroStrategy to defend BTC price if strength decreases-“never get” to $21,000
Concerns about surrender have led MicroStrategy to reveal critical details about what it would do if Bitcoin’s price strength decreased. With hours to go before fresh Federal Reserve cues, Bitcoin (BT...
Bitcoin Risky For Retirement Plans? Elizabeth Warren Says So
Less than a week ago, Fidelity Investments announced its decision to add Bitcoin as part of its 401 (k) investment plan. A popular vehicle used by U.S. citizens to invest in equities and other assets ...
Bitcoin Broke Above The Multi-Week Resistance; What’s Next
Bitcoin recovered on its chart over the last 24 hours as the king coin surged by 2%. Prices of the coin saw some respite after visiting the $37,000 price level. As broader markets started to recover B...
Argo Blockchain facility in West Texas expects to start mining Bitcoin in May
Crypto mining company Argo Blockchain’s plans to open a data center in West Texas are likely nearing completion following an inauguration ceremony. In a Thursday announcement on Twitter, Argo said it ...
Bitcoin Spot ETFs Witnessed Record-Breaking Inflows: What Does This Mean?
Vladislav Sopov Number of Bitcoins injected into exchange-traded funds is just 2,000 BTC away from all-time high Contents Record-breaking inflow pushes Purpose Bitcoin ETF closer to new highs Market m...
Bitcoin.com completes $33.6M private sale for its new VERSE token
Bitcoin.com has completed a $33.6 million private sale for VERSE, its new ecosystem token. In a press release shared with CryptoSlate, the company said that the Verse platform will link the utility an...
Bitcoin Bullish Signal: Netflow Observes Sharp Negative Spike
On-chain data shows Bitcoin netflows have observed a sharp negative spike recently, a sign that could be bullish for the crypto. Bitcoin Netflows Show 13.7k BTC Exited Exchanges In A Single Day As poi...
Elon Musk Secures Funding From Crypto-Friendly Binance, Sequoia, Fidelity to Buy Twitter – Featured Bitcoin News
Tesla and Spacex CEO Elon Musk has secured $7.139 billion in new financing commitments to fund his acquisition of Twitter, including from several pro-crypto companies. Cryptocurrency exchange Binance,...
Bitcoin ETP Outflows Spell Bearish Sentiment Among Institutional Investors
Bitcoin ETPs have become more popular than ever since the SEC approved multiple bitcoin ETPs in the fourth quarter of 2021. They had subsequently had a good run with hundreds of millions of dollars fl...
Bitcoin falls toward $38K as stocks abandon Fed ‘reactionary rally’
Bitcoin (BTC) lost almost $1,000 in the first hour of Wall Street trading on May 5 as a brief rally ended in disappointment. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Nasdaq drops 4%...
$27,200 Is Next Support for Bitcoin: Fairlead Strategies Founder
Yuri Molchan Fairlead Strategies’ Katie Stockton believes that it is “eerily quiet” in the crypto market right now, while BTC is falling along with Nasdaq and S&P 500 Contents &#...
Luna Foundation Guard becomes top 10 Bitcoin holder
The Luna Foundation Guard has purchased another 37,863 Bitcoins taking them into the top 10 Bitcoin holders in the world. In a Twitter thread, they announced, “The LFG has acquired an additional 37,86...
Reserve Risk Has Been Oversold for 5 Months; BTC On-Chain Analysis
Be[In]Crypto takes a look at the reserve risk on-chain indicator and its components. These indicators help determine if Bitcoin (BTC) has reached a bottom. What is BTC reserve risk? The Reserve Risk i...
After El Salvador, IMF Now Concerned of Bitcoin’s Adoption in the Central African Republic
After the Central African Republic (CAR) announced adopting Bitcoin as legal tender and legalized the use of cryptocurrencies last month, the International Monetary Fund (IMF) warned that such a move ...
Terra’s LFG Leaps Into Top 10 Largest Bitcoin Whales With An Extra $1.5 Billion BTC Buy ⋆ ZyCrypto
Advertisement     Several pundits believe that traditional finance will utilize Bitcoin as a reserve currency in the future. While institutions like the Swiss National...
Gucci to Accept Crypto Payments in Retail Stores – Featured Bitcoin News
High-end fashion house Gucci will begin accepting cryptocurrencies at some of its stores this month, including bitcoin, ether, dogecoin, and shiba inu. The company plans for all of its directly operat...
Bitcoin Long Squeeze Incoming? Funding Rates Surge Up
On-chain data shows the Bitcoin funding rates have observed a rise again, suggesting that another long squeeze may be in store for the crypto. Bitcoin Funding Rates Show Relatively High Positive Value...
The SEC Objects To MicroStrategy Accurately Valuing Their Multibillion-Dollar Bitcoin Stash
Since 2020, MicroStrategy has begun investing in bitcoin as a component of its capital allocation plan. Over 120,000 BTC are held by the firm. In the absence of its FASB’s crypto-specific regulations,...
Bitcoin (BTC) Price Plummets 10% Following Sharp Decline on Wall Street
3 hours ago | 2 mins read Bitcoin News The Bank of England issued a warning on inflation on Thursday. 97% of the firms included in this S&P 500 were losing money. Coincident with the sharp decline...
Gold, Stocks, and BTC – MicroStrategy Wins the May 5 Week
This week’s price movements for Bitcoin (BTC) and gold, and our stock pick is MicroStrategy. BTC Bitcoin has largely trended downwards over the past two weeks. Going into April 21, BTC rose to $42,750...
Central African Republic (CAR) adopts Bitcoin (BTC) as legal tender
The Central African Republic (CAR) has announced the adoption of Bitcoin as legal tender. CAR is the second country to adopt BTC as legal tender after El Salvador. With this move, the country will be ...
Bitcoin Mining Rigs Could Heat Vancouver Homes Next Year. Take That, ESG FUD
The city of Vancouver could soon take a step into the future. As New York is about to take the Chinese route and cut itself from yet another industry, Vancouver considers “using an unconventional meth...
Michael Saylor says MicroStrategy stock is essentially serving as a spot bitcoin ETF
MicroStrategy’s stock basically serves as a spot bitcoin ETF, CEO Michael Saylor told CNBC The SEC still can’t seem to endorse a spot bitcoin ETF They’re similar to your nonexistent spot ETF, Saylor s...
Finder’s Fintech Specialists Predict XRP Jumping to $2.55 by December 2022 – Markets and Prices Bitcoin News
On May 4, the product comparison platform finder․com published a ripple price prediction report that polls 36 fintech specialists. According to findings stemming from the participating panelists, ripp...
Bitcoin Is Now a Viable Currency – Joe Rogan
Joe Rogan links BTC with early internet The Joe Rogan Experience is one of the world’s most popular podcasts It has more than 1,800 episodes Joe Rogan, the host of The Joe Rogan Experience, compares b...
Luna Foundation Guard (LFG) Adds 37,863 Bitcoin (BTC) to its Reserves
3 hours ago | 2 mins read Editors News LFG currently possesses almost $3.5 billion worth of BTC. Luna Foundation Guard aims to gather up to $10 billion in Bitcoin. Luna Foundation Guard (LFG), a Terra...