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Category: Bitcoin
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Bitcoin P2P Trading Spikes 16% In Nigeria, Following Bitcoin’s Ban Last Year
February 2022 marks one year since the Central Bank of Nigeria (CBN) placed a ban on banks from facilitating cryptocurrency trading. Despite this restriction, crypto trading has been thriving in Niger...
Crypto Economy Recaptures $2 Trillion, Bitcoin Moves Back Into the World’s Top 10 Most Valuable Assets – Markets and Prices Bitcoin News
The crypto economy has jumped back above the $2 trillion mark after falling below that value in mid-January. Statistics indicate that the USD value of all 12,440 coins across 544 crypto exchanges is w...
GoFundMe’s wretched treatment of Canadian truckers was the best advert for Bitcoin
GoFundMe’s poor treatment of Canadian truckers, and their donors, has Bitcoin poised and ready to plug the gap. GoFundMe accused of fraud and deception In a show of (true) democracy and free speech, C...
Bitcoin ETF, SEC takes time with Grayscale
The SEC has again delayed Grayscale’s request to turn the Grayscale Bitcoin Trust into an ETF to be listed on an exchange. However, the Securities and Exchange Commission has issued a request for comm...
US SEC Postpones Approval of Grayscale’s GBTC to Spot BTC ETF Product
The United States Securities and Exchange Commission (SEC) has once again postponed the approval of the proposal from Grayscale Investments to convert its flagship Bitcoin Trust (GBTC) into a spot Non...
Ray Dalio believes crypto may be outlawed…but still holds onto Bitcoin and Ethereum
Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, shared his views on cryptocurrency regulation in a recent interview with David Rubenstein on Thursday. Investor and Ne...
Cryptos Rise as Bitcoiner Runs For Prime Minister While Freedom Convoy Raises $400,000 BTC – Trustnodes
Canada may soon be ruled by a bitcoiner as Pierre Marcel Poilievre announced he is running for Prime Minister with 14 endorsements already secured from MPs to run the conservative party. Bitcoin rose ...
A Look at When Bitcoin’s Price Crashed Below the Cost of Production – Mining Bitcoin News
Over the last 30 days, Bitcoin’s hashrate has been coasting along at the highest levels ever recorded during the network’s lifetime. Bitcoin’s price improved recently but it is still down 38% from the...
Bitcoin Could Still Reach $100,000
February’s investment report by Bloomberg Intelligence argued in favor of cryptocurrency investments. In particular, it suggested that Bitcoin, Ethereum, and USD stablecoins will continue to do well. ...
Tesla ($TSLA) Suffers $101 Million Impairment Losses on Bitcoin Holdings in 2021
Tesla, the electric car maker, revealed that it suffered a loss of around $101 million of impairment losses from changes in the value of its bitcoin holdings in 2021. Tesla is reported to have investe...
Tesla held $2B of Bitcoin as of late 2021, SEC filing reveals
Elon Musk’s electric vehicle maker Tesla was holding about $2 billion worth of Bitcoin (BTC) by the end of 2021, according to official records. The “fair market value” of BTC held by Tesla as of Dec. ...
Here’s How Much Tesla’s Bitcoin Stash Is Worth
Alex Dovbnya Tesla reports $2 billion worth of Bitcoin holdings In its annual report that was filed with the U.S Securities and Exchange Commission on Feb. 7, Telsa, the world’s largest electric car m...
Bitcoin family Taihuttus Immigrates to Crypto Tax Haven Portugal
“Bitcoin family” Taihuttus immigrated to the crypto tax haven Portugal due to a 0% tax on cryptocurrencies, CNBC reported on Feb. 6. After travelling to 40 different countries in five years, the Dut...
Move over Bitcoin – Russian billionaire thinks that tokens and the digital ruble will replace it
Vladimir Potanin is the second richest man in Russia. He thinks that the launch of a digital ruble, together with his own licensed tokens, will be able to supplant Bitcoin and other cryptocurrencies g...
Bitcoin And Ethereum Left In The Dust By XRP And Dogecoin Rival Shiba Inu Price Surge
The following is an excerpt from the daily CryptoCodex email newsletter. Sign up now for free here Cryptocurrency prices are soaring this morning, continuing their rally from the end of last week. The...
CBDC Can Replace Bitcoin, Claims Russia’s Second-Richest Man
Vladimir Potanin – a business oligarch and the second wealthiest man in Russia – claimed that a digital ruble might displace private cryptocurrencies. It could promote new technologies, while bitcoin ...
El Salvador Takes Swipe At The IMF — President Bukele Predicts Huge Price Gains For Bitcoin ⋆ ZyCrypto
Advertisement     El Salvador is not going to bend to the IMF’s will. In their most recent report, the IMF expresses similar concerns about volatility and consumer pro...
Nigerian Blockchain Advocacy Group Says ‘Crypto Is Legit’ — Calls for Regulation of Industry – Regulation Bitcoin News
The Nigerian blockchain advocacy group, the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN), has said crypto is legit and must be regulated. The group adds that any such regulatio...
Bitcoin Hits Two-week High Imitating The Stock Rally
Cryptocurrencies are seeing a significant recovery as investors take advantage of the recent stock market rally and increased risk appetite. Bitcoin hits its highest in two weeks, extending gains from...
New BTC price targets emerge as Bitcoin sizes up Wall Street open
Bitcoin (BTC) continues to linger just below $43,000 on Feb. 7 as markets gear up for what promises to be a lively week. Another step up overnight took BTC/USD briefly over $43,000 before consolidatin...
Macro Strategist Lyn Alden Warns of Potential Bitcoin Capitulation, Says 2022 Not Bullish for BTC
Macro strategist Lyn Alden says that she is not particularly bullish on Bitcoin in 2022, and warns that BTC is still susceptible to a capitulation event. In a new interview with Stansberry Research,...
Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency – Mining Bitcoin News
Electricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining. Planes with mining equipment f...
Bitcoin Battles Resistance at $43,059 as Bears Provide Stiff Resistance
Feb 07, 2022 at 11:14 // Price Bitcoin (BTC) has been impressive after breaking through resistance at $39,000. Moreover, Bitcoin bulls have continued the recent rallies after recapturing the psycholog...
Bitcoin breaks 12-week downtrend, what’s next?
An 11% swing to the upside on Friday closed the day at $41,600. Although Saturday saw a tapering of activity, closing 0.6% down, Sunday and Monday saw a continuation of bullish form. Crypto YouTuber L...
Michael Saylor Doubles Down On Bitcoin Buys, Could Borrow Against MicroStrategy’s Huge Stash To Buy Even More BTC ⋆ ZyCrypto
Advertisement     Michael Saylor’s MicroStrategy continues to purchase more BTC. He believes the company can borrow against its holdings if it takes a more aggressive ...
Florida Home to Be Sold as an NFT, Decentralized Organization Seeks Bel Air Megamansion – Blockchain Bitcoin News
According to a California-based real estate technology company called Propy, a four-bedroom home in Gulfport, Florida, will be tokenized leveraging non-fungible token (NFT) technology and sold for $65...
Venezuelans reportedly hit by new Bitcoin tax of up to 20%
The Venezuelan government has approved a new tax bill aiming to collect up to 20% in taxes from cryptocurrency transactions, according to local reports. Venezuela’s National Assembly held the second d...
El Salvador Ranks Top in Bitcoin Searching on Google, Follows by Nigeria
The growing interest in Bitcoin (BTC) continues to draw attention from the market, as El Salvador takes the helm of Google searches. Economist Jan Wustenfeld confirmed: “El Salvador is number o...