Tag: Bitcoin

For the First Time Since June, Bitcoin Soars Past $28,000 to the Delight of BTC Bulls

The largest cryptocurrency by market capitalization, Bitcoin (BTC), has surpassed $28,000 for the first time since June, signaling the return of the bulls. According to...

Price of Bitcoin Surpasses $24,000 for the First Time in Six Months

Its decline in 2022 may have contributed to Bitcoin reaching its highest position since August 17 last year. According to TradingView data, the top...

Bitcoin Isn’t a Useful Currency, Store of Value, or a Medium of Exchange, According to Billionaire Ray Dalio

In an interview with CNBC on Thursday, billionaire investor and hedge fund manager Ray Dalio, who created Bridgewater Associates and once held the position...

BlockFi Plans to Sell $160 Million Worth of Loans for Bitcoin Mining

In the midst of its bankruptcy proceedings, cryptocurrency lender BlockFi is attempting to sell $160 million in debts backed by bitcoin mining equipment. Due...

Bitcoin Has Briefly Broken Through $21000, Closing the FTX Gap and Shattering a Long-standing Resistance Level

Bitcoin has trialled a range that would restore the value of BTC to what it was before the alleged fraud committed by FTX founder...

Australia Surpasses El Salvador to Become the Fourth Largest Center for Cryptocurrency Hubs

El Salvador, the first nation to legalize Bitcoin, has dropped yet another position in terms of the total number of crypto ATM installations as...

Ethereum, Bitcoin, and Tether Are Classified as Commodities by the CFTC

Commodity Futures Trading Commission (CFTC) has filed a fraud lawsuit in the United States District Court for the Southern District of New York against...

As the ‘Most Hyped’ CPI Print Approaches, the Bitcoin Price Is Nearing the $19,000 Resistance Level

On October 13th, as markets readied themselves for important macro data, Bitcoin began with its classic oscillations around $19,000. Hours before the release of the...

Central bank of India to begin testing digital rupees

According to a 50-page paper published on Friday, the Reserve Bank of India (RBI) is moving toward launching a digital rupee pilot and identifying...

India’s Crypto Exchanges Are in Serious Peril

India cryptocurrency exchanges are currently performing very poorly. Executives are unsure of what to do as trading volumes are at their lowest for companies...

The CEO of MicroStrategy, Michael Saylor, resigns as a result of the $1 billion loss

According to a statement published by MicroStrategy on Tuesday afternoon, Michael Saylor is stepping down from his role as the company's CEO to take...

The “Bitcoin Valley” has opened in Santa Lucia, Honduras

In Santa Lucia, a tourist destination around 20 minutes from the nation's capital Tegucigalpa, Honduras has launched its own bitcoin city. Throughout the "Bitcoin Valley,"...

Why Bitcoin Holdings Affect Microstrategy Shareholders

The decline in Bitcoin prices continues to result in unrealized losses for Microstrategy, which has an impact on the stock price of the company....

Tesla Sold 75% Of Its Bitcoin Holdings Worth $936 Million And Experts Explain What Does This Mean

The transaction "should not be taken as a verdict on Bitcoin," according to Telsa CEO Elon Musk, who added that the company is "certainly...

Crypto.com has successfully obtained governmental clearance to conduct business in Italy

One of the biggest cryptocurrency exchange platforms in the world, Crypto.com, has acquired regulatory authorisation to provide its services in Italy. The platform said on...

Italy Approves Coinbase As A Crypto Asset Service Provider

Not too long ago, Coinbase has offered its bitcoin services in Italy. As of June 2019, Coinbase card services are available there. By receiving approval...