Blockstream said that it will use these funds to expanding its footprint in the Bitcoin mining sectors. Besides, it will help them to bring Bitcoin-focused innovative financial products in the market.
This year, at least 19 issuers have indicated they are looking to launch any crypto ETF. About 12 of them focus on Bitcoin.
United States based business intelligence firm, MicroStrategy, has announced the purchase of 3,907 bitcoins for approximately $177.0 million in cash, at an average price of approximately $45,294 per bitcoin, inclusive of fees and expenses.
Bitcoin mining difficulty records its growth in double digits as hash rates recuperate slowly. The next mining difficulty adjustment is said to arrive in about 24 hours with a 12% increase.
Premier digital currency Bitcoin (BTC) is seeing a mild resistance at the $50,000, after the coin hit a 90-day high of $50,482.08 a day ago.
Substack will be partnering with payment processor OpenNode to accept Bitcoin payments on-chain and also make use of the Lightning Network technology to simplify financial transactions.
After successful registration with UK’s top financial regulator, PayPal is all set to offer crypto trading facilities to its UK customers.
Bitcoin price is growing along with the soaring BTC futures volume. Traders are becoming ‘modestly bearish’ on futures, according to the monitoring resource Material Indicators.
The crypto market rally continues further with Bitcoin and altcoins making new advances. Watch out the crucial levels for the next price trend.
Bitcoin has been strongly defending its $47,000. As we head into Friday’s expiry, here’s what traders need to do.
Wells Fargo has floated the bitcoin fund to be managed by both firms and will receive a sales cut through two of its own subsidiaries.
The price of Bitcoin, the world’s largest digital currency by market capitalization is trading at a loss at the moment as driven by conflicting fundamentals in the cryptocurrency ecosystem.
Billionaire Jack Dorsey says he wants to begin mining Bitcoin as he moves from public declaration of support to director production of the king coin.
During the recent week, Gold prices dipped significantly, with analysts estimating further dips in the prices in the future. The drop serves as an immaculate opportunity for the gold investors.
As Palantir COO Shyam Sankar explained, such a heavy investment in gold is a hedge against ‘black swan events’.