This is for the first time Sotheby’s will be accepting crypto payments against the auction of precious diamond “The Key 101.38″. The auction will take place next month at Sotheby’s Hong Kong.
MicroStrategy’s BTC acquisition spree is in line with its new corporate policy devised in late 2020. MSTR stock is down.
With the current BTC price, MicroStrategy’s total Bitcoin holding is worth more than $3.4 billion.
Coinbase listing was expected to bring more validation to the crypto market but recent events in China show the opposite effect.
The Basel Committee on Banking Supervision has released guidelines detailing huge capital requirements for banks looking to explore the crypto space.
Cardano founder Charles Hoskinson called Bitcoin outdated, owing to its inefficient community and work culture.
ABC, in the now-deleted post, cited recent guidance from the People’s Bank of China for its decision to continue its crackdown on cryptocurrency transactions.
China has urged the major banks of the nation to restrict all possible crypto operations in terms of BTC trading, clearing, and settlement of transactions which can be an added blow to the existing crypto operations in the nation.
Bitcoin price started crashing down as Chinese authorities announced a massive crackdown on the Sichuan region last weekend. Reportedly, 90% of the BTC mining machines have been shut down post this crackdown.
The recent Sichuan region ban has caused up to a 65% drop in GPU prices, cementing China’s continuous suspension of crypto mining operations.
While the PlanB projection is based on a worst-case scenario, the analyst says on a best-case basis, Bitcoin may climb to a new ATH of $450,000.
With the 2024 halving still about 1198 days, the stakes seem higher, perhaps because of the volatility of the trading market in 2021.
Phemex has recently unveiled Learn and Earn, which happens to be its latest educational program based on simplified concepts on cryptocurrency and blockchain.
The mayor highlighted that how Miami can efficiently generate an adequate clean nuclear supply to power the Bitcoin mining process in the city.
Spain’s BBVA Bitcoin trading and custody service are an actualization of a long-term plan and is opened to clients in Switzerland only.