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Bitcoin “call buying frenzy” occurs, will options market demand fuel another rally?

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According to the data analytics platform Laevitas, the Bitcoin options market is seeing a “call buying frenzy.” This means that the buyer demand for BTC is rising rapidly in the form of options.The options market has seen significant growth in recent months. Data from...

US Stock Market Rallies Strong amid Tesla Bitcoin Purchase News

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The coronavirus vaccination program in the United States of America and around the world is also a boost to the growth of the global stock market.The US stock market closed Monday’s trading session with positive gains as Tesla Inc (NASDAQ: TSLA) revealed it has...

Elon Musk and BTC: Tesla Bitcoin Acquisition Details

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Tesla has joined the league of companies with Bitcoin as treasury reserve, becoming the first S&P 500 company to purchase digital assets.In a recent episode of CoinDesk Podcast Network, Nathaniel Whittemore revealed more details on the $1.5 billion worth of Bitcoin acquired by Elon Musk‘s...

Canadian bank says Apple could be next to buy Bitcoin, build crypto exchange

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Is the world’s biggest company by market cap looking to add the world’s biggest cryptocurrency to its treasury reserve? One bank seems to say so.Cryptocurrencies a better bet than EV for AppleConsumer technology firm Apple could be the next big enterprise to buy Bitcoin,...

Bitwise Files with US SEC to Launch New Crypto Innovators ETF

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The Bitwise Crypto Innovators ETF will track crypto companies dealing with digital currency products and services. It won’t have any direct investment in digital currencies or through any derivatives.One of the world’s largest cryptocurrency asset managers Bitwise has recently filed a new prospectus with...

Elon Musk gets “congratulated” by Michael Saylor after Tesla’s $1.5 billion Bitcoin splurge

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The electric carmaker purchased over 37,000 Bitcoin, filings from today showed. And the firm’s CEO is getting congratulated by an institutional Bitcoin bull.Congrats, Musk!MicroStrategy CEO Michael Saylor is a happy man. The Bitcoin convert has picked up over a billion dollars worth of the...

Breaking: Tesla invests $1.5 billion in Bitcoin, reports say

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Elon Musk’s tech company Tesla has bought $1.5 billion worth of Bitcoin, various sources reported today. BREAKING: TESLA BOUGHT $1.5 BILLION IN #BITCOIN — unfolded. (@cryptounfolded) February 8, 2021 According to CNBC’s Carl Quintanilla, the figure was revealed in Tesla’s 10-K filing with the US Securities and...

Tesla Invests $1.5B in Bitcoin (BTC) and Set to Accept It for Payments in Future

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Once Tesla accepts Bitcoin as a form of payment, it is expected to increase the demand for BTC to new heights that affects the market price directly.In an SEC filing on Monday, Tesla Inc (NASDAQ: TSLA) announced that it invested $1.5 billion in Bitcoin...

Bitcoin or an Apartment: What do Young People around the World Prefer Today?

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Using the services of Bitcoin storage, in a few years, you can expect a significant increase in your investment.2021, the global crisis is gaining momentum, a pandemic is raging in the world, because of which traditional businesses lose money and go bankrupt and, adapting...

Bitcoin blockchain’s hash rate hits new all-time high

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The mean hash rate of the Bitcoin (BTC) blockchain—or the total computational power dedicated to mining—reached a new all-time high of over 176 exahashes per second (EH/s) on Friday, according to crypto metrics platform Glassnode.Yeah, that’s a lot. The Bitcoin network’s mean hash rate exceeded...