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...
Category: Bitcoin
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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...
Bitcoin mining, new record for hashrate
Bitcoin mining hashrate has hit an all-time high globally, reaching 250 Ehash/s. Bitcoin mining hashrate hits new peak Bitcoin mining reaches a new all-time high, with the hashrate hitting a level of...
Will The FOMC Boosts Propel the Bitcoin(BTC) & Ethereum(ETH) Price Above $44K & $3200 Resp?
The Federal Reserve in a recent meeting approved an increase of a half-per cent of the interest rate. It also announced its plans to squeeze its $9 trillion asset portfolio in an attempt to reduce the...
Bitcoin Eyes $40K, Cardano (ADA) Explodes 9%
Yesterday’s FOMC meeting had a positive impact on most of the crypto market, with bitcoin spiking toward $40,000. Most altcoins are also in the green. Cardano, Solana, Polkadot, and Avalanche are amon...
S&P500, Bitcoin and Gold on Rise Following Historic Rate Hike: Here’s What’s Next
Arman Shirinyan Here’s how financial assets act during historical financial event Contents What’s next? What’s there for crypto? Following the historic and long-awaited rate hike by ...
First company to receive a secured loan in Bitcoin
Investment bank Goldman Sachs has revealed the name of the first company in history to be granted a secured loan in Bitcoin. The first collateralized loan in Bitcoin Goldman Sachs makes a secured Bitc...
The Flippening – Ethereum Has Overtaken Bitcoin in 26% of Countries Worldwide
London, England, 5th May, 2022, Chainwire London, UK, May 4th 2022 – CoinText.com have compiled a study of the popularity of cryptocurrencies across nations, which concludes that Ethereum investors ou...
Argentinian Digital Bank Brubank Includes Crypto Purchases in Its Platform – Bitcoin News
Brubank, one of the first Argentinian digital banks approved by the central bank of the country, is getting into the cryptocurrency business. The company announced it is now allowing customers to make...
Bitcoin, Ethereum, Avalanche all climbed
Bitcoin Analysis Bitcoin’s price experienced a nice price rally by bulls just before the day’s last 4HR candle began on Wednesday and BTC’s price concluded its daily session +$1,950.2. BTC’s price r...