Tagged: btc

Bitcoin (BTC) Price Not Significantly Impacted By Inflation Rate Reports (CPI) According to Research Study

Inflation rate reports (CPI) don’t significantly affect the Bitcoin (BTC) price, according to an update from CoinGecko. Having launched back in 2009 after the Great Financial Crisis, Bitcoin (BTC), now the flagship digital currency, reportedly had few macroeconomic “stress tests to withstand.” The extensive research… Read More

Bitcoin (BTC) Focused MicroStrategy MSTR Stock Hits 25-Yr High Before AI and Business Intelligence Firm’s Q3 Earnings Report

MicroStrategy (NASDAQ:MSTR) company stock recently surged to a 25-year high at $245, which has notably come before the release of AI-focused business intelligence company’s Q3 earnings report. MicroStrategy’s stock strongly aligns with major Bitcoin (BTC) developments. As crypto and Bitcoin industry observers would know, MicroStrategy… Read More

Bitcoin Adoption: OKX Invests in Long-Term BTC Network Security via Grant to 2140 Foundation

Digital assets firm OKX recently revealed that they’re investing in Bitcoin’s long-term security via a grant to 2140 Foundation. OKX explained in a blog post that the grant will aim to extend support to the 2140 Foundation’s multi-year and ongoing effort to foster long-term security,… Read More

Crypto Analyst Says Bitcoin (BTC) and Altcoin Market Recovery Might Be Derailed Due to Escalating Middle East Crisis

Ryan Lee, Chief Analyst at Bitget Research recently explained that Bitcoin (BTC), the flagship cryptocurrency, has grown steadily to become a major global asset, one whose market cap is impacted significantly by global events. For instance, Ryan Lee of Bitget Research, noted that the ongoing… Read More

Bitcoin Friday Futures Reportedly Become Most “Successful” CME Group Crypto Product Launch

CME Group, the derivatives marketplace, announced that its Bitcoin Friday futures (BFF) have launched and are available for trading. 31,498 contracts traded across two different contract weeks. The first trade, a block, took place on Sunday, September 29 and was executed by Galaxy and Marex…. Read More

Bitcoin Mining Firm MARA Holdings Releases Latest Business Update

MARA Holdings, Inc. (NASDAQ: MARA), which claims to be one of the world’s largest publicly traded bitcoin (BTC) miners and a leader in supporting and securing the Bitcoin ecosystem, recently released unaudited BTC production and miner installation updates for August 2024. Fred Thiel, MARA’s chairman… Read More

Bitcoin (BTC) Will Increasingly Be Adopted By Publicly-Listed Firms, Research Study Claims

  Bitcoin will be increasingly used as a reserve asset on the balance sheets of publicly listed companies underlining its growing acceptance as an asset class, according to new global research by London-based Nickel Digital Asset Management, Europe’s regulated and award-winning digital assets hedge fund… Read More

CME Group to Offer Bitcoin (BTC) Friday Futures Starting on Sept 30

CME Group said it will further expand its cryptocurrency derivatives offerings by introducing Bitcoin Friday futures (BFF) on September 30, pending regulatory review. Sized at one-fiftieth of one bitcoin, these new weekly futures contracts “will be cash-settled to the CME CF Bitcoin Reference Rate New… Read More

Italy’s Banca Sella Is Providing Bitcoin Services via its Banking Platform

Italian Banca Sella now provides Bitcoin (BTC) trading. Established back in 1886, Banca Sella is one of the most well-known banking institutions in Italy. Its mobile banking platform, known as Hype, now also includes a Bitcoin trading service as it operates with more than 1.2… Read More

Bitcoin Mining Report: Global Hash Rate Reached All-Time-High on July 23 As BTC Mining Difficulty Declined in Past Month

Compass Mining has shared the latest updates in a Bitcoin Mining Industry Report for the month of July 2024, focused on key operational developments. As noted in a blog post by Compass Mining, the Bitcoin price closed the month of July “at $64,619 increasing by… Read More

Bitcoin Mining Firm Marathon Digital Holdings Announces Proposed Private Offering of $250M of Convertible Senior Notes

Marathon Digital Holdings (NASDAQ: MARA) has announced that it intends to offer, subject to market conditions and other factors, $250 million aggregate principal amount of convertible senior notes due 2031 in a private offering “to persons reasonably believed to be qualified institutional buyers in reliance on… Read More

German Government Owns $2B in Bitcoin (BTC). This Concerns Some Crypto Investors

The German government reportedly owns about $2 billion worth of Bitcoin (BTC) and this appears to a matter of concern for cryptocurrency investors. That’s because the nation’s government has been aggressively selling BTC that it had previously seized from an illegal website that has now… Read More

Bitcoin Mining Ecosystem Evolving Rapidly with BTC Price Remaining Unpredictable Input to Capital-Intensive Business Model – Report

In the wake of the Halving, Bitcoin’s hashrate (30D MA) has “fallen -7% from its all-time-high of 626 EH/s, now at 580 EH/s,” according to an update shared by Coin Metrics earlier this week. In its extensive crypto and blockchain industry report, Coin Metrics pointed… Read More

Bitcoin (BTC) Payments App Strike Now Available in the UK

Strike is introducing buying Bitcoin, global payments, and more to customers in the United Kingdom. Strike is now available in the UK, offering individuals and businesses access to a suite of Bitcoin and Lightning services. Stike noted in a blog post that they’re rolling out… Read More

MicroStrategy Intends to Increase Bitcoin Holdings, Announces Proposed Private Offering of $500M of Convertible Senior Notes

MicroStrategy (NASDAQ:MSTR) recently revealed its plan to sell $500 million in convertible bonds in order to finance the purchase of more Bitcoin (BTC). MicrosStrategy, which presently possesses 214,400 Bitcoin (BTC) valued at about $14.5 billion, holds more than 1% of BTC’s total circulating supply. The… Read More

Marathon Digital Holdings Releases Bitcoin (BTC) Production and Miner Installation Updates

Marathon Digital Holdings, Inc. (NASDAQ: MARA), a global firm focused on leveraging digital asset compute to support the energy transformation, has released unaudited bitcoin (BTC) production and miner installation updates for May 2024. Fred Thiel, Marathon‘s chairman and CEO said: “The strength of our MARA… Read More

Bitcoin Price Downturn Not of Particular Concern Given the Historical Context of BTC Markets – Report

Recently, the Depository Trust & Clearing Corporation (DTCC) implemented substantial adjustments to its collateral consideration for bitcoin (or any other cryptocurrency) ETFs, the NYDIG team noted. After the changes, no collateral value “will be given to any bitcoin ETF, giving them a 100% haircut.” The… Read More

Only 9 Months of Bitcoin Supply Reportedly Left on Exchanges Due to BTC Halving Related Supply Reduction

Bybit, a global crypto exchange, has released a new report showing that the current supply dynamics of Bitcoin leave only nine months of supply left on exchanges. This market trend is being attributed to the Bitcoin halving, which reduces supply by 50%. Post-halving, the Bitcoin… Read More

Bitcoin (BTC) Mining focused Riot Platforms Successfully Energizes the Substation at Firm’s Corsicana Facility

Riot Platforms, Inc. (NASDAQ: RIOT), an industry enabler of  vertically integrated Bitcoin (BTC) mining, announced that it has successfully energized the substation at the Company’s Corsicana Facility. Jason Les, CEO of Riot said: “Two years ago, we purchased 265 acres of land in Navarro County,… Read More

Bitcoin Price Returned 3,230% Gains On Average within One Year After Each Halving – Report

On average, Bitcoin price returned 3,230% gains within one year after each halving, the team at CoinGecko noted in an extensive report. However, that is misleading moving forward, “considering Bitcoin’s novelty in its early years, lack of market maturity, and the case of diminishing returns.”… Read More

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