The Bitcoin news category covers news related to the cryptocurrency Bitcoin (BTC) and its blockchain. You will see a compiled section of news solely dedicated to all things Bitcoin. Stay on track with the latest developments on Bitcoin. This includes updates in BTC price changes, Bitcoin market capitalization updates, breaking news on Bitcoin, and more.
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Just an hour before, Bitcoin (BTC) saw a significant drop in the Asian trading hours, plunging into the $91K range after a loaded crypto liquidation totaling $687 million. BTC alone accounted for $178.25 million in liquidations, reflecting the market’s struggle with overheating leverage positions and profit-taking among holders. Over the
The daily active addresses on the Bitcoin blockchain are witnessing a substantial increase and are approaching the 1 million mark, as per IntoTheBlock market intelligence platform. As Bitcoin is marching towards the $100k level, the on-chain activity is rising with the increased interest among Bitcoin users. Bitcoin’s long-term activity trend
In an announcement about its Bitcoin holdings, healthcare-focused technology business Semler Scientific revealed the purchase of 297 BTC between November 18 and 22, 2024. With fees included, the average price of a Bitcoin was $97,995, and the total cost to the business was $29.1 million. A recent release states that
Bitcoin’s Recent Pullback Despite Trump’s Winning Bitcoin recently saw its longest losing streak since Donald Trump’s election victory, dropping 6% over three days and stabilizing around $92,000. There was huge expectation around it to cross $100000 but it failed, with profit-taking and global market uncertainty by Trump’s recent tariff proposals
The Bitcoin holdings of MicroStrategy have surged once again. The company’s total Bitcoin holdings reached 386,700 after an announcement that it had acquired 55,500 BTC for $5.4 billion. With the purchase of 55,500 BTC from November 18–24 at an average price of $97,862 per bitcoin, MicroStrategy increased its BTC yield
In a novel and innovative move, El Salvador is mining Bitcoin utilizing the strength of its volcanic landscape. While praising the country’s geothermal energy potential, President Nayib Bukele proposed a “rent your volcano to mine Bitcoin” initiative recently. El Salvador has used its natural resources, particularly its 170 volcanoes, to
Cantor Fitzgerald, a bond and financial services trading business in the United States, is allegedly in talks with Tether about launching a multibillion-dollar lending program backed by Bitcoin. Customers would be able to borrow money using Bitcoin as collateral under the proposed program. According to a Bloomberg article on Saturday,
The first bitcoin spot index options including a cash settlement will be introduced by Cboe Global Markets. Options based on the newly created Cboe Bitcoin US ETF Index, which will monitor the performance of spot bitcoin ETFs traded on U.S. exchanges, are set to debut on Monday, Dec. 2. Cboe
Robert Kiyosaki, an author and Bitcoin advocate, has spoken out against the Federal Reserve. In addition, Kiyosaki praised Michael Saylor’s Bitcoin approach, founder of MicroStrategy, for its ability to help investors avoid financial problems. It is worth mentioning that this statement is made after the author’s recent endorsement of Saylor’s
The cumulative total net inflow for U.S. spot bitcoin exchange-traded funds has surpassed $30 billion for the first time since debut in January. The strong market sentiment that followed former president Trump’s re-election has caused the bitcoin ETFs to see increased levels of trading activity and net inflows. Wednesday was
