Tag: bitcoin
All news related to the leading cryptocurrency.
South Korea Plans to Regulate Cross-Border Crypto Transactions
Reading Time: < 1 minute The finance ministry of South Korea has announced plans to implement regulations on the trading of virtual assets across borders, such as cryptocurrency.
Standard Chartered: Bitcoin Will Reach $73K on US Election Day
Reading Time: < 1 minute According to Standard Chartered Global Head of Digital Assets Research, Geoff Kendrick, Bitcoin’s all-time high of over $73,000 could be reached on Nov. 5, coinciding with the US presidential election.
Number of Bitcoin Whales Soars to 2021 Levels
Reading Time: < 1 minute The number of whales or network entities who hold at least 1,000 BTC has risen to 1,678 this week, marking the highest number since January 2021.
Tesla Did Not Get Rid of its Bitcoins
Reading Time: < 1 minute According to blockchain analytics firm Arkham Intelligence, Tesla currently still holds its entire Bitcoin stash, valued at $780 million, despite recently transferring the funds to unidentified wallets on Oct. 15.
Bitcoin Hashrate Reaches a New Record High
Reading Time: < 1 minute The latest data from Glassnode reveals that the seven day moving average for Bitcoin’s hashrate has reached a record high of 703 exahashes per second (EH/s).
Weekly Inflows into Crypto Products Reach $2.2B
Reading Time: < 1 minute Asset management firms such as BlackRock, Bitwise, Grayscale, ProShares, and 21Shares experienced significant net inflows of $2.2 billion last week, the highest since July.
CME Bitcoin Futures Open Interest Reaches an All-time High
Reading Time: < 1 minute Since Oct. 18, the Open Interest (OI) for Bitcoin futures on the Chicago Mercantile Exchange (CME) has reached a new record high of over $12.26 billion.
SEC Approves NYSE and Cboe Spot Bitcoin ETFs Listing
Reading Time: < 1 minute The Securities and Exchange Commission (SEC) has approved NYSE American LLC and Cboe Exchange, Inc. to list and trade options on various Bitcoin exchange-traded funds.
Market Update October 18
Reading Time: < 1 minute The cryptocurrency market has seen a week of mixed movements, with some major coins experiencing significant gains while others have remained relatively stable.
Italy Plans to Raise Capital Gain Tax on Bitcoin
Reading Time: < 1 minute Italy is set to significantly increase the capital gains tax on Bitcoin, jumping from 26% to 42%.
Spot Bitcoin ETFs See Net Inflows of $555.86M
Reading Time: < 1 minute On October 14, net inflows for 12 Bitcoin exchange-traded funds (ETFs) reached $555.86 million, which was more than double the $253.54 million recorded on the previous trading day.
Market Update October 11
Reading Time: 2 minutes Over the past week, we have seen some interesting price movements, with Bitcoin and Ethereum taking the spotlight. Bitcoin, the world’s largest and most popular cryptocurrency, has had a rollercoaster week.
HBO Documentary: Peter Todd is Satoshi Nakamoto
Reading Time: < 1 minute The new HBO documentary “Money Electric: The Bitcoin Mystery” suggests that Peter Todd, an early Bitcoin developer, is the true identity behind Satoshi Nakamoto, the pseudonymous creator of Bitcoin.
NYDIG: Bitcoin Remains Best Performing Asset This Year
Reading Time: < 1 minute According to the New York Digital Investment Group, Bitcoin continues to be the top-performing asset of the year despite a relatively weak third quarter.
Market Update October 4
Reading Time: < 1 minute The past week has been a rollercoaster ride for the cryptocurrency market as major coins such as Bitcoin and Ethereum experienced significant price movements.
JPMorgan: Investors Could Turn to Bitcoin Due to Geopolitical Risks
Reading Time: < 1 minute J.P. Morgan analysts suggest that recent increases in geopolitical tensions and the looming US presidential election are causing investors to turn towards gold and bitcoin as safe-haven assets, referred to as the “debasement trade.”
BC.GAME Announces Launch of $BC Mining Rush Event with 1 Billion $BC Token Prize Pool
Reading Time: 2 minutes WILLEMSTAD, Curacao, 30th September 2024, Chainwire
BlackRock’s Head of Crypto: Bitcoin Is Not a Risk-on Asset
Reading Time: < 1 minute BlackRock’s head of digital assets, Robbie Mitchnick, believes that Bitcoin has been unfairly categorized as a “risk-on” asset.
Crypto ETFs Receive $321M
Reading Time: < 1 minute Crypto exchange-traded funds (ETFs) saw an increase in inflows for the second week in a row, with a total of $321 million.
Market Update September 20
Reading Time: < 1 minute The past week in the cryptocurrency market has been eventful, to say the least.
CleanSpark Purchases 2 Mining Sites in Mississippi
Reading Time: < 1 minute Bitcoin miner CleanSpark has recently acquired two Bitcoin mining sites and accompanying land in Clinton, Mississippi, with a combined purchase price of $5.775 million.
tBTC Becomes the First Incentivized BTC Asset on EigenLayer
Reading Time: 2 minutes New York, NY, 17th September 2024, Chainwire
Trump’s World Liberty Financial to Launch a Token
Reading Time: < 1 minute The team members responsible for the World Liberty Financial crypto project, which has been endorsed by former President Donald Trump and his sons, has confirmed their plans to launch a governance token called WLFI.
Fed’s Rate Cut Will Boost Bitcoin: Bitwise
Reading Time: < 1 minute There is widespread anticipation that the US Federal Reserve will make its first benchmark rate cut in four years this week, leading to speculation about the potential size and impact of the cut on risk assets such as Bitcoin.
MicroStrategy Plans to Raise $700M to Buy Additional Bitcoin
Reading Time: < 1 minute MicroStrategy has recently announced that it will raise $700 million through a new debt offering of convertible senior notes, which are set to mature in 2028.