Bitcoin (BTC) News


Bitcoin Depot closes ATM

US Bitcoin ATM network shuts down devices due to coronavirus

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Bitcoin Depot, the largest Bitcoin ATM operator in the US, disables some of them to prevent the spread of the COVID-19 epidemic. First of all, this applies to devices installed in places with high traffic to help to distance people in an epidemic. According to the company, about 10% of its ATMs...

Spain tax Bitcoin investors

Spain: a fourfold increase of Bitcoin investors

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The Spanish Tax Agency will send notifications to taxpayers who carry out operations with cryptocoins. The agency noted that over the year their number has quadrupled. This is reported by Europa Press. For the first time, Spanish crypto investors received notifications from the tax last year, their...

Bitcoin futures

Activity in BTC futures returned to levels before the crash

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The trading volume on standardized crypto derivatives on the background of the rise of BTC to the psychological level of $7000 reached a maximum since mid-March. As a result of trading on Thursday, April 2, the volume of trading in BTC futures at the CME Group amounted to $347 million. At Bakkt,...

Bitcoin transaction

The tax for the transfer of BTCs to $690M cost 26 cents

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Whale Alert Twitter account recorded the transfer of an immense amount - 101,857 BTC ($ 691.3 million at the exchange rate at the time of writing). 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 101,857 #BTC (633,535,530 USD) transferred from unknown wallet to unknown walletTx:...

miner price decrease

Manufacturers cut miner prices ahead of Bitcoin halving

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Mining device manufacturers cut prices ahead of the halving of the first cryptocurrency. In some cases, the cost of miners dropped by 20%. Another reason was the March market crash. MicroBT now has a $2,000 price on WhatsMiner M30S model, while in early February it was $500 more expensive. The...

Coronavirus Bitcoin darknet

Chainalysis: COVID-19 negatively impacts even darknet market

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A sharp drop in the price of Bitcoin against the backdrop of global panic due to coronavirus has reduced activity in the darknet markets. This is stated in the report of the analytical startup Chainalysis. According to researchers, the fall in the price of BTC had a different effect on various...

Kraken exchange

Kraken will grow staff amid rising BTC investor activity

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The American cryptocurrency exchange Kraken intends to expand the state by almost 10% due to increased activity in the cryptocurrency market amid the financial crisis. That was in an interview with Forbes CEO of the platform Jess Powell. “Every day we see more registrations, more requests for...

Bitcoin price Coinbase

Coinbase named the reason why Bitcoin price fell to $3800

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One of the main reasons for the collapse of the Bitcoin exchange rate to $3,800 on March 13 was the mass liquidation of the positions of traders, Coinbase said in its official blog. Its analysts are confident that customers at various sites used high margin leverage, the forced closure of which...

coronavirus Bitcoin Ethereum

BTC and ETH: the most unprofitable assets during coronavirus

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The vast majority of assets have shown a significant drop since the onset of the massive coronavirus pandemic. Bitcoin and Ethereum were among the outsiders, said Larry Cermak, an analyst of The Block. S&P 500 is down 25% since the peak but what about all the other indices, sectors and...

Bitcoin crisis coronavirus

Peter Brandt calls crisis “the perfect storm” for Bitcoin

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Well-known trader and analyst Peter Brandt believes that the global crisis caused by the coronavirus pandemic is crucial for Bitcoin and the cryptocurrency industry as a whole. For BTC, this is the perfect storm.If Bitcoin cannot rally on this, then crypto is in BIG trouble.— Peter Brandt...

altcoins mentions Twitter

Twitter mentions of altcoins fell to a three-year low number

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The popularity of altcoins on Twitter has fallen significantly amid bearish sentiment in the market. In particular, this is evidenced by the data of the analytical service BitinfoCharts, writes Cointelegraph. So, the number of mentions of coins like Ethereum, Litecoin, and XRP is approaching a...

Bitcoin futures Bakkt

Bitcoin transactions on the Bakkt platform increased by 44%

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Interest in the supply of Bitcoin futures offered by the Bakkt crypto platform is growing again. So, during March, the volume of transactions with settlement in the first crypto coin increased by 44% compared to the previous month. Physical #BTC delivery on @Bakkt increased 44% in March, although...

Bitcoin price Dan Morehead

Pantera Capital CEO told when Bitcoin will reach $20,000

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The current economic crisis will favorably affect Bitcoin and allow it to reach $20,000 within a year. This is stated in the appeal of Pantera Capital crypto hedge fund CEO Dan Morehead to investors, writes The Daily Hodl. Morehead noted the large-scale impact of the crisis on the global economy,...

Brave browser

Brave will introduce built-in Bitcoin trading option

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The developers of the privacy-oriented browser Brave intend to add the opportunity to sell, purchase, exchange, and store cryptos. To this end, the organization started a partnership with the Binance. We're thrilled to partner with @binance to bring cryptocurrency trading directly into the...

Bitcoin hashrate

Bitcoin hash drop reduced block finding speed by 60%

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The recent sharp drop in the price of bitcoin has forced miners to disconnect some of the equipment. That led to a 60% increase, in the time spent on average finding a new block. Such data were cited by Ankit Chiplunkar, a leading researcher at TokenAnalyst. 1/4) Bitcoin prices fell by 50% in the...

Bitcoin S&P 500 correlation

Тhe correlation of Bitcoin with the S&P 500 index declined

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A recent report by Arcane Research said that the correlation rate of Bitcoin with the stock market markedly fell. Experts note that the panic due to the spread of coronavirus and a sudden supply shock led to uncertainty in the financial markets. Because of this, world indices plummeted. Bitcoin,...

Bitcoin economic crisis

Genesis Mining: Bitcoin will boom during the economic crisis

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Genesis Mining Service Operations Director Philip Salter is convinced that the deepening economic crisis will increase the popularity of Bitcoin as a tool for hedging the risks of the banking system and increase the value of cryptocurrencies. It is reported by Cointelegraph. The manager of the...

Latin America

Latin America LocalBitcoins trading rises due to quarantine

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Amid the closure of banks due to quarantine in Venezuela, the popularity of bitcoin began to grow again. That's evidenced by the trading volume of BTC on the peer-to-peer platform LocalBitcoins. ...