Bitcoin News / Google News Bitcoin - 2 years ago
Microstrategy has purchased more bitcoin amid a heavy market sell-off. The announcement followed a clarification by the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, stating that bitcoin is a commodity.
Microstrat...
Bitcoin News / Google News Bitcoin - 2 years ago
Cloud software company MicroStrategy today announced another Bitcoin buy—spending this time $10 million on the cryptocurrency—despite the price of the asset dropping below $20,000.
The tech firm has now spent over $3.98 billion on Bitcoin, and owns...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin (BTC) has hit new record highs this week — not in U.S. dollar terms, but against its longtime competitor, Bitcoin Cash (BCH).
Data from Cointelegraph Markets Pro and TradingView confirms that on June 29, BCH/BTC officially set its lowest eve...
Bitcoin News / Google News Bitcoin - 2 years ago
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CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at wh...
Bitcoin News / Google News Bitcoin - 2 years ago
MicroStrategy (MSTR) on Wednesday morning said it purchased 480 bitcoins for about $10 million – an average price of $20,817 per coin – during the period from May 3 to June 28.
The new additions bring company holdings to 129,699 bitcoins (BTC) acqu...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin Reserve Allows Purchase Of Blockstream’s Liquid - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights...
Bitcoin News / Google News Bitcoin - 2 years ago
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MicroStrategy, the data analytics firm helmed by staunch bitcoin bull and former billionaire Michael Saylor, disclosed its first batch of bitcoin purchases since the beginning of the cryptocurrency market’s intense selloff over the past two...
Bitcoin News / Google News Bitcoin - 2 years ago
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Rapidly rising electricity prices should be bad news for cryptocurrency miners, right? Boutique investment ho...
Bitcoin News / Google News Bitcoin - 2 years ago
U.S. Securities and Exchange Commission Chair Gary Gensler has reiterated his claim that bitcoin (BTC) is a commodity. His interpretation is partially rooted in precedent and, one would hope, reality.
"Some, like bitcoin, and that's the only one,...
Bitcoin News / Google News Bitcoin - 2 years ago
Canada-based investment firm Cypherpunk Holdings (HODL) has dumped all of its bitcoin and ether holdings to ride out the current market risks.
The company sold 205.8209 ether (ETH), the native token of Ethereum, for C$293,000 ($227,000) and 214.7...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin has crashed in value by more than 50 per cent in the past six months, but holders of the cryptocurrency are used to volatility. Here we look at how the FT covered bitcoin’s previous booms and busts to see if history is repeating itself.
T...
Bitcoin News / Google News Bitcoin - 2 years ago
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Bitcoin is trading at less than one-third its all-time high from November 2021.
Dreamstime
Bitcoin and other cryptocurrencies were slipping Monday. They still remained firmly above the depths reached amid a deep selloff over th...
Bitcoin News / Google News Bitcoin - 2 years ago
Ever since early Bitcoin (BTC) investors woke up millionaires as the ecosystem gained tremendous popularity alongside the mainstreaming of the internet, investors across the globe have been in the rush to accumulate as many of the 21 million BTC — o...
Bitcoin News / Google News Bitcoin - 2 years ago
Various prominent Bitcoin experts, including Adam Back, Jimmy Song and Andreas Antonopoulos, have raised some concerns over the implementation of restrictive covenants, in particular with the BIP119.
In particular, Antonopoulos has voiced concerns o...
Bitcoin News / Google News Bitcoin - 2 years ago
A bystander uses a Bitcoin ATM in San Salvador, El Salvador, on May 16, 2022.
Alex Pena | Anadolu Agency | Getty Images
El Salvador bet its economic salvation on bitcoin, but so far the gamble isn't paying off like President Nayib Bukele hoped...
Bitcoin News / Google News Bitcoin - 2 years ago
A bystander uses a Bitcoin ATM in San Salvador, El Salvador, on May 16, 2022.
Alex Pena | Anadolu Agency | Getty Images
El Salvador bet its economic salvation on bitcoin, but so far the gamble isn't paying off like President Nayib Bukele hoped...
Bitcoin News / Google News Bitcoin - 2 years ago
The price of Bitcoin BTC is down 55.55% year-to-date and that has led to the speculation that it is dead and its price will never recover. In the past year, it has fluctuated between a high of $68,789 and a low of $17,708, supporting its extreme vo...
Bitcoin News / Google News Bitcoin - 2 years ago
ETH moved into the $1,200 region to start the weekend, as prices rose for a third consecutive session. Bullish sentiment has been missing from crypto markets in recent months, however the timely return also saw BTC near its highest point this w...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin BTC and cryptocurrencies have been rocked by a huge $2 trillion crash this year—though it could reveal the future "Amazons and eBays."
Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the volatile bit...
Bitcoin News / Google News Bitcoin - 2 years ago
While the price of bitcoin is holding above the $21K per unit range, four bitcoin block rewards mined in 2010 were spent for the first time in over 11 years. The four block rewards were mined between September and October 2010 and the 200 bitco...
Bitcoin News / Google News Bitcoin - 2 years ago
The amount of electricity consumed by the largest cryptocurrency networks has decreased by up to 50% as the “crypto winter” continues to eat at the incomes of “miners” and financial contagion spreads further throughout the sector.
The electricity co...