MicroStrategy Acquires 6455 BTC Worth $150 Million
MicroStrategy, one of the largest Bitcoin (BTC) holders in the industry, has acquired an additional 6,455 BTC for approximately $150 million. The company’s founder and...
Bitcoin Miners Reap Rewards From Cryptocurrency Rally
Bitcoin miners are seeing a positive turnaround in their fortunes as the rally in cryptocurrencies continues in the first quarter of this year. According to...
Bitcoin Accumulation By Retailers At Highest Pace Since FTX’s Collapse
According to onchain data, small-scale retail holders have been accumulating bitcoin (BTC) at the fastest pace since the collapse of FTX, a cryptocurrency exchange. Glassnode’s...
Bitcoin Back on Track after Repeated Blows from Banking Sector
Bitcoin has resumed its 2023 surge and climbed above $24,000 following a seven-day drop brought on by a series of legal proceedings against significant banking...
Bitcoin Gains Momentum As US Watchdogs Intervene In Banking Crisis
Bitcoin (BTC) has bounced back after a recent drop triggered by the turmoil at Silicon Valley Bank and Silvergate, which caused concerns among investors. However,...
Losses from Bitcoin Fraud in Hong Kong have Risen to HK$1.7B
In Hong Kong, the losses from Bitcoin-related frauds increased to above HK$1.7b last year, with a 67% increase in the number of victims who were...
Bitcoin Traders Warn Of Potential Price Tank
Bitcoin (BTC) has taken a significant hit lately, with the cryptocurrency experiencing a 12% drop from its 90-day high of $25,134 to its current price...
Bitcoin Mining Facility Goes 100% Nuclear In Pennsylvania
Bitcoin mining company TeraWulf has announced the launch of a 100% nuclear-powered Bitcoin mining facility in the US. The company has energized the Nautilus facility,...
El Salvador’s President Credits Bitcoin Legalization For 95% Tourism Boost
El Salvador’s President Nayib Bukele has caused a stir in the financial world by proposing to make Bitcoin legal tender in the nation, making it...
Legalizing Bitcoin Increases Tourism by 95% in El Salvador
In a recent interview, the president of El Salvador, Nayib Bukele, said that the legalization of Bitcoin increased tourism by 95%. On June 5, 2021,...