Bitcoin news

Dollar-Cost Averaging Crypto Profits: Low-Risk Bitcoin Investing Without All the Stress

by coins on 17/01/2021 at 6:01 pm

Bitcoin prices and a number of other digital assets have grown significantly in value during the last decade. Some people have made millions and even billions throwing down everything they have […]

Guggenheim CIO: ‘Speculative frenzy’ to die down, but $400k target still on

by coins on 17/01/2021 at 5:02 pm

While some traders have gotten mixed signals, Guggenheim's Scott Minerd is taking the long view. In an interview with Bloomberg Markets on Friday, Guggenheim Partners’ chief […]

Paypal to Earn $2 Billion in Revenue From Its Bitcoin Business, Says Analyst

by coins on 17/01/2021 at 3:30 pm

Mizuho Securities analyst Don Dolev has forecast that Paypal will earn up to $2 billion in revenue from its bitcoin business by 2023. This year, he expects that the payment giant’s overall revenue […]

DeFi bull run: Why Aave and SUSHI are surging despite Bitcoin price uncertainty

by coins on 17/01/2021 at 12:00 pm

Aave, SushiSwap, and other major DeFi bluechips are rallying hard despite Bitcoin's consolidation. DeFi blue-chips, including Aave (AAVE) and SushiSwap ...

$500M in crypto futures liquidated as Bitcoin dips below $34K: What happens next?

by coins on 17/01/2021 at 10:13 am

The cryptocurrency market saw over $500 million worth of positions liquidated in the last 24 hours as Bitcoin slid below $34,000. Roughly $500 million w...

A Russian Operation Is Mining Bitcoin in the Arctic Circle for Cheap Electricity

by coins on 16/01/2021 at 8:30 pm

A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to expand the […]

Peak fear? Bitcoin futures leverage gets reset by this week’s wild price swings

by coins on 16/01/2021 at 1:47 pm

Bitcoin futures leverage is dropping steeply, indicating that traders are fearful or uncertain about the BTC price trend. The leverage used in the Bitco...

TNABC Miami’s Eighth Annual Conference Goes Virtual, Event Underscores Technology’s Important Role

by coins on 16/01/2021 at 9:05 am

On January 28-29, 2021, The North American Bitcoin Conference (TNABC) is preparing to kick off its eighth exhibition with another cryptocurrency and blockchain-focused event. The event organizers […]

New Jersey Gym Claims State Seized $173K From Bank, Owner Discusses Cryptocurrency Solutions With Tucker Carlson

by coins on 15/01/2021 at 11:30 pm

On January 14, Ian Smith, the co-owner of the Atilis Gym in New Jersey appeared on Fox News with the news anchor, Tucker Carlson, and discussed his battle with the state of New Jersey’s coronavirus […]

Argentine Billionaire Marcos Galperin Says Bitcoin a ‘Better Store of Value Than Gold’ as Officials Plan to Print More Pesos

by coins on 15/01/2021 at 9:30 pm

Argentine billionaire and CEO of the e-commerce platform Mercado Libre, Marcos Galperin says bitcoin is a better store of value than gold. However, the billionaire thinks the crypto will not replace […]

Price analysis 1/15: BTC, ETH, XRP, DOT, ADA, LTC, BCH, LINK, XLM, BNB

by coins on 15/01/2021 at 8:00 pm

Altcoins have entered a slight correction after Bitcoin's relief rally lost steam and the price dropped below $35,000. Grayscale products witnessed $3.3...

Man Accidentally Threw Away Hard Drive With 7,500 Bitcoins, Offers City $72 Million to Search Landfill

by coins on 15/01/2021 at 4:35 pm

A man has accidentally thrown away a hard drive containing 7,500 bitcoins. He is now offering his city 25% of the value of the bitcoins stored in the hard drive for permission to search the city’s […]

Liquidators seek expanded probe of alleged South African Bitcoin scheme

by coins on 15/01/2021 at 10:49 am

Liquidators of the embattled Mirror Trading International want a deeper probe of the alleged Bitcoin multi-level marketing scheme. Less than a month aft...

Nigerian Youth Propels the Country to the Top of Google Bitcoin Search Rankings

by coins on 15/01/2021 at 4:15 am

Nigeria, one of the biggest cryptocurrency markets in the world, recently emerged as the country with the highest number of bitcoin searches globally, according to Google Trends data. The data shows […]

Block.one’s Bitcoin reserves are now worth double the entire EOS market cap

by coins on 15/01/2021 at 4:14 am

Block.one holds a reported 140,000 BTC which is worth around double the EOS market cap. Does that make EOS a buy? EOS has largely under performed durin...

Did Grayscale push Bitcoin back up to the $40K mark?

by coins on 15/01/2021 at 2:29 am

Some stats indicate Bitcoin’s current rally could be more reliant on institutional investors than ever before. Within 48 hours of Grayscale reopening it...

Etoro Warns Customers to Brace for Suspension of Crypto Buy Orders due to an ‘Unprecedented Demand’

by coins on 15/01/2021 at 2:03 am

Etoro, a trading and investing platform, has warned its customers to brace for possible limitations on their buy orders this coming weekend. The company says it might be forced to take this and other […]

Oaktree Capital Chairman Warms up to Crypto — Thankful His Son Owns Enough Bitcoin for the Family

by coins on 14/01/2021 at 11:35 pm

Oaktree Capital co-founder Howard Marks is warming up to cryptocurrency. Once a crypto skeptic, he now says “thankfully” his son is “quite positive on bitcoin” and “owns a meaningful amount […]

Coinbase invests in US-based mining firm amid industry diversification efforts

by coins on 14/01/2021 at 6:03 pm

Titan secured funding from Coinbase to offer a U.S.-developed software suite for miners. Coinbase Ventures, the investment arm of the major crypto excha...

by coins on 14/01/2021 at 4:45 pm

On Wednesday, the popular musician and Youtuber, Alicia Dawn “Ali” Spagnola, made a new video and tweeted about how she got “accidentally bitcoin rich,” after taking a request for her project […]

Bitcoin briefly loses its spot as top cryptocurrency. Wait, what?

by coins on 14/01/2021 at 4:08 pm

Bitcoin's twin took over the number one spot on CoinMarketCap Bitcoin's market cap was briefly flippened today, as Wrapped Bitcoin suddenly gained quadr...

Stacks mainnet launch brings smart contracts and DeFi to Bitcoin

by coins on 14/01/2021 at 3:48 pm

They're celebrating the launch with a one-day virtual event headlined by a number of industry partners. Stacks, formerly Blockstack — an open-source net...

Man offers city $72M to dig up accidentally discarded Bitcoin fortune

by coins on 14/01/2021 at 10:01 am

An IT engineer accidentally discarded his Bitcoin fortune over seven years ago while cleaning his house. James Howells, the owner of a discarded hard d...

Is a new rally brewing as Bitcoin reclaims $38K and stablecoins ‘flooding’ exchanges?

by coins on 14/01/2021 at 8:03 am

Stablecoin inflows into exchanges spiked right as the price of Bitcoin recovered above $38,000, on-chain data shows. The price of Bitcoin (BTC) has exte...

Proof-of-Work and Yield Farming: Binance and Poolin Launch Tokens Backed by Bitcoin Hashrate

by coins on 14/01/2021 at 3:30 am

There’s a new type of token gaining popularity in the crypto space with the launch of coins that are backed by a specific amount of proof-of-work (PoW) hashrate. On January 6, 2021, Binance […]

Jack Dorsey cites Bitcoin as a better model for the internet in Trump ban explanation

by coins on 14/01/2021 at 3:03 am

Days after Donald Trump’s account was banned, Twitter CEO Jack Dorsey explained that it was the right decision, but still sets a dangerous precedent. Tw...

EToro warns users it’s running out of crypto to trade due to ‘unprecedented demand’

by coins on 14/01/2021 at 2:34 am

Exchange platform eToro is struggling amid surging demand for crypto, sending an email to all users warning of possible trading limitations this weekend. Israel-based exchange […]

Rapid Profits: Bitcoin Hashrate Accelerates While Mining Difficulty Touches All-Time High

by coins on 14/01/2021 at 1:30 am

The Bitcoin network’s hashrate has been operating at very high processing speeds during the last few weeks, as the overall hashrate touched a whopping 171.2 exahash per second (EH/s) on Monday. […]

Bitfinex Executives Deny Allegations of Issuing USDT to Pump BTC – “Tether Backed by Cash Assets and a Loan”

by coins on 13/01/2021 at 8:30 pm

Bitfinex general counsel Stuart Hoegner has dismissed the notion that only 74% of the tether stablecoin in circulation is fully backed. Hoegner insists the stablecoin is fully backed by assets that […]

Price analysis 1/13: BTC, ETH, XRP, LTC, ADA, BCH, DOT, XLM, LINK, BNB

by coins on 13/01/2021 at 7:20 pm

Traders are shifting funds into select altcoins as Bitcoin price trades in a sideways range. The top 100 richest Bitcoin (BTC) addresses have added 334...

Another $1 billion wipeout: Why is Bitcoin seeing extreme price moves?

by coins on 13/01/2021 at 2:00 pm

Nearly $1 billion worth of Bitcoin futures contracts have been wiped out once again. Nearly $1 billion worth of Bitcoin (BTC) futures contracts were liq...

Darknet Giant Darkmarket Shut Down, Alleged Operator Arrested

by coins on 13/01/2021 at 11:30 am

The authorities in seven countries and Europol have jointly taken down Darkmarket, one of the largest darknet marketplaces. The action was taken after the marketplace’s alleged operator was […]

Top 100 Bitcoin addresses accumulated $11B more BTC in the past 30 days

by coins on 13/01/2021 at 2:33 am

Bitcoin’s top 100 richest addresses have snapped up almost 350,000 more BTC in the last 30 days. The top 100 richest Bitcoin addresses are increasingly ...