Four tech firms have bought 66% of all Bitcoin mined since August
Four technology giants from around the world have been quick to jump on the Bitcoin bandwagon. And they are likely enjoying the multifold gains.Bitcoin frenzyThree firms from the US and one firm from China have brought over 66% of all new...
Dutch political candidate uses Bitcoin ‘laser eyes’ for campaign ads
The ‘laser eyes’ meme has picked up in crypto circles on social media, attracting celebrities and Bitcoin proponents alike. But even politicians seem to be cashing in on the hype.Laser eyesA Dutch politician is now using a popular meme that’s been...
Bitcoin drops 10% after Indian government proposes new crypto ban
Today, Bitcoin dropped more than 10% after the Indian government proposed legislation for banning Bitcoin, according to Reuters. The government already had plans to ban cryptocurrencies since January — but now it’s become clear that the goal is to strictly regulate...
Bitcoin breaks $60,000 a year after ‘flash crash’ to under $4k
Bitcoin, the world’s biggest cryptocurrency by market cap, broke the $60,000 level today driven by futures and spot trading activity. It’s now returned over 990% to investors in the past year, and 8% in the past day.Data showed over $490 million...
MicroStrategy ignores critics to add a further $15 million of Bitcoin (BTC) to its reserves
MicroStrategy CEO Michael Saylor announced the firm had purchased a further 262 Bitcoin at the cost of $15mn. This brings its total holdings to 91,326 BTC, with a total spend of $2.2bn.Based on today’s price, MicroStrategy has an unrealized profit of...
Bitcoin breaks $57,000 as on-chain data turns “mostly bullish”
Bitcoin, the world’s largest cryptocurrency by market cap, broke the $57,000 price level based on strong fundamentals and favorable on-chain data.Bitcoin surgesBitcoin broke the $56,000 level Thursday and surged to the $57,000 price level, one that saw a huge selling at...
30% of U.K. investors feel they have “missed the boat” for Bitcoin
A recent survey threw light on how UK investors viewed Bitcoin as an investment. Some said they would invest more, while others think they have already “missed the boat.”Missing the boat? Maybe notA survey by policy think tank Parliament Street found...
Data shows funding rates for Bitcoin are “warming up again”
On-chain data for funding rates shows traders are once again piling into Bitcoin, the world’s largest cryptocurrency by market cap.Funding rates are an indicator of increased trading activity. Perpetual swap products allow traders to borrow in excess of the funds they...
Radio Host Alex Jones loses laptop containing 10,000 Bitcoin
Controversial figure Alex Jones, who was once dubbed America’s leading conspiracy theorist, claims to have lost a laptop containing 10,000 Bitcoin. Following Bitcoin’s renaissance this week, that would equate to a value of $560mn at today’s price.Jones makes fantastical Bitcoin claimsSpeaking...
Cryptonites Dubai: Crypto traders reveal their MOST bullish predictions for Bitcoin in 2021
Ask ten crypto proponents about the prices of Bitcoin a year from now and you’re likely to hear ten widely different answers. Some use astrology, some use technical analysis, and some use on-chain voodoo art for their predictions.And there are then...
