Tuesday, June 22, 2021

Bitcoin News

MicroStrategy buys $489 million worth of bitcoins.

Founder and CEO of MicroStrategy, Michael Saylor, tweeted that the firm has bought an additional 13,005 bitcoins worth $489 million. The firm purchased an...

Billionaire Tim Draper predicts that Bitcoin will reach $250,000 by the end of 2022.

Billionaire Tim Draper has doubled down on his prediction that Bitcoin will reach $250,000 by the end of 2022. Draper first made this prediction...

El Salvador’s decision to make bitcoin a legal tender draws criticism from global regulators.

While the president of El Salvador Nayib Bukele's decision to authorize bitcoin as legal tender has met with cheers and applause from the crypto...

El Salvador plans to use renewable energy from the country’s volcanoes for bitcoin mining.

According to the Reuters report, El Salvador's President Nayib Bukele said on Wednesday that he had instructed state-owned geothermal electric firm LaGeo to develop...

Anonymous BTC whale transfers 9,999 Bitcoin to an unknown wallet.

Bitcoin’s on-chain activity has increased significantly during the last few days due to massive volatility across the cryptocurrency market. BTC whales have started moving...

Chinese officials warn about risks associated with crypto trading.

Chinese officials warned the public about the risks associated with trading cryptocurrencies. The authorities pointed out three major considerations which might harm investors –...

Bitcoin hits a new all-time high, trades above $63,000.

The price of the leading cryptocurrency, bitcoin, hit a new high at $63,200 on Coinbase. Ether also hit a new all-time high at $2,222...

Bitcoin’s declining volatility could bring more institutional investments, says JPMorgan.

As per the Business Insider report, the declining bitcoin's price volatility in recent weeks has made the leading cryptocurrency more appealing to institutions that...

Fund manager Anthony Scaramucci says bitcoin is better than gold.

Bitcoin has found another admirer in billion-dollar wealth manager and Skybridge Capital CEO Anthony Scaramucci. In a recent interview with CNBC, Scaramucci said he...

Bitcoin breaks another all-time-high as BTC nears $60,000.

Bitcoin has surged to a new all-time high exactly a year after the Black Thursday crash in March 2020. The leading cryptocurrency is on...

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