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Bitcoin (BTC) News


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Bitcoin

Cypherpunk ditches Ether and Monero in favor of Bitcoin

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Another financial giant reported an increase in investment in bitcoin. Canadian investment firm Cypherpunk announced last Thursday that it had purchased 72,979 BTC since June 30, 2020. The increase in Bitcoin reserves was the result of the liquidation of the company's assets in Ether (ETH) and...

Mike Novogratz

Novogratz urged investors to invest 3% of capital in BTC

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According to Galaxy Digital CEO Mike Novogratz, BTC will grow in value in the long term. The businessman and BTC supporter expressed his forecast in an interview with Yahoo Finance Live. Novogratz stressed that the rise of cryptocurrency this year was the result of massive capital inflows into this...

BTC price 26.11.2020

BTC Price Hits $17.075 Lows Losing $1000 in 3 Hours

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Following the price growth up to $19,500 during the day’s trading, Bitcoin saw a period of bearish uncertainty that resulted in a sharp sell-off. Bitcoin then rated $17,075 with daily losses of around 5%. The sudden price drop came in tandem with large-volume investors depositing BTC to exchanges...

BTC Price 24.11.2020

Bitcoin Price Surged $19.000

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Justifying the expectations of the community, BTC today scored $19000 for the first time since mid-December 2017. Since November 18, it has been trading for about $18.700, sometimes felling lower than $18.000 then going up again. At the time of writing the price is about...

PayPal CEO

PayPal CEO is optimistic about Bitcoin's prospects

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PayPal CEO Dan Shulman, in an interview with CNBC on Monday, November 23, was optimistic about the outlook for Bitcoin. “I think there will be more and more crypto use cases that will make bitcoin more widely used, more stable, and probably more valuable over time,” he said. Shulman said the...

PayPal

PayPal buys almost 70% of new Bitcoin supply

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Pantera Capital said in a recent letter to investors that payment company PayPal has acquired the equivalent of nearly 70% of all BTC that have been mined in the past month. PayPal launched its cryptocurrency service this month for US customers. The company noted a high demand for cryptocurrency...

Bitcoin retirenment plan

US-based Firm to Launch BTC Retirement Plans

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US-based asset management establishment DAiM lately informed about launching the country’s first employer-provided retirement programs that maintain BTC fundings. As reported by the officials, DAiM will act as the advisor and depositary in supporting firms to build a 401(k) program that suggests...

Whales

Whales are not interested in Bitcoin falling below $17000

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Large investors, who are often called "whales" who bought bitcoin above $ 17,000, are not interested in the cryptocurrency falling below this level. That is the conclusion reached by researchers from the WhaleMap team, which monitors the activity of large BTC holders. Their report says...

Jay Clayton

SEC head linked BTC rally to problems of traditional payment

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According to the chairman of the US Securities and Exchange Commission (SEC), Jay Clayton, the rapid rise in the value of bitcoin is directly related to the weakening of people's interest in traditional payment systems. The head of the regulator expressed this point of view in an interview with...

Jamie Dimon

Jamie Dimon reiterates his skepticism about Bitcoin

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The rise of bitcoin did not in any way affect the attitude towards it on the part of the CEO of the investment bank JP Morgan Jamie Dimon. At an event hosted by The New York Times, the banker said bitcoin had made great strides. However, his position has not changed significantly, and he is still...

BTC price 18.11.2020

Bitcoin Price Reached $18.500 but Started Retracing

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Bitcoin price has been fluctuating in the past several hours. The crypto asset went up to $18.500 reaching a new 3-year high. Then began retracing and going up again. At the time of writing the rate is about $17.800. Many analysts expressed their opinions concerning his on social media. Antoni...

GoT

Musk advises Game of Thrones actress interested in BTC

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Actress Maisie Williams, famously for her role as Arya Stark on Game of Thrones, asked her 2.7M followers if she should "go long on bitcoin." At the time of publication, the majority (54%) of 800000 voters do not recommend buying it. should i go long on bitcoin ?— Maisie Williams...

Grayscale

Grayscale wallets contain 2.3% of all issued bitcoins

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The total amount of assets under the management of the investment company Grayscale has come close to $ 10 billion, and its wallets contain 481,711 BTC, which is about 2.3% of all issued bitcoins. According to the latest data from the company, it controls $ 9.8 billion. Grayscale Investments...

Crypto whale

Number of investors managing over 10K BTC has grown to max

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Large investors often referred to as "crypto whales", continue to actively buy bitcoins. Santiment analysts drew attention to the preservation of the trend for long-term storage of digital currency. On Twitter, they presented data that suggests that the number of so-called "bitcoin...

Binance pool 13.11.2020

Binance Pool Offers Free Eth Mining for 1st Month

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Crypto exchange Binance has launched a new Ethereum mining pool with only 0.5% pool fees. Users can mine ETH with 0 fees for the first month. The pool practices the full pay-per-share way for reward payouts, distributing both block bonuses and trading fees to pool participants. After the first...

Bitcoin

Willie Wu predicts Bitcoin price peak in December 2021

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According to analyst Willie Wu, bitcoin is at the beginning of its next major bull rally, with a price peak expected to hit late 2021. The creator of the analytical resource Woobull has published on Twitter new data that shows that the rise in bitcoin prices is just beginning. He posted a chart of...

Bitcoin new high 12.11.2020

Bitcoin Scores $16.000, New 2020 High

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The leading crypto asset Bitcoin has surged to a new yearly record reaching $16.000. The price is up over 4% during the last 24 hours. This is the first time since 2018 Jan. 8 that the BTC price was that elevated. One of the reasons is PayPal allowing spending it on Oct. 21, after which the price...

Stanley Druckenmiller Holds Bitcoin

Stanley Druckenmiller Now Holds Bitcoin

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Successful American Investor, hedge fund manager Stanley Druckenmiller announced on November 9 about having bought the world's largest cryptocurrency. The billionaire says that BTC is a supply of value that becomes stronger and stronger during the time. He compared gold to bitcoin, saying the...