Exchange-traded fund (ETF) provider Teucrium has submitted a filing for a Bitcoin Futures ETF with the U.S. Securities and Exchange Commission (SEC). The filing shows that the firm would like to provide a “cost-effective …
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Crypto Miners In Iran To Get Rooted Out By Government Spies
Iran’s Ministry of Intelligence has established committees around the country to locate and seize farms that are mining cryptocurrencies without a license. Iran has been an appealing place for crypto miners because …
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Bitcoin (BTC) To Reclaim $40,000 After Record-Breaking Crash
However, it has bounced back considerably, creating a long lower wick with a magnitude of 22%. BTC decreased significantly yesterday, reaching a low of $30,000. This validated the $30,000 area …
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MicroStrategy To Buy The Dip, Acquires $10M In Bitcoin (BTC)
Business intelligence firm MicroStrategy has scooped up another $10 million worth of Bitcoin (BTC), signaling the company’s relentless conviction in the digital asset amid the latest price collapse. The cash …
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MicroStrategy To Announce Another Major Bitcoin (BTC) Purchase
According to its May 18 SEC filing, the business intelligence company has purchased yet another $10 million worth of Bitcoin at an average price of $43,663 per coin. It currently holds 92,079 …
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Elon Musk explains that Tesla did not sell a single bitcoin: BTC spikes $2,500
After several controversial Twitter comments on bitcoin and Tesla, the electric vehicle giant’s CEO clarified that the firm still holds all of its coins. As a result, the price of …
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The banking system consumes twice as much energy as bitcoin
Amid the ongoing concerns over Bitcoin’s (BTC) energy consumption, a new study states that the traditional banking system consumes much more energy than the Bitcoin network. Michael Novogratz’s cryptocurrency firm …
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Crypto Industry Brass Explains Renewable Energy Can Help BTC Miners
The energy consumed by mining — the process that keeps Bitcoin’s blockchain running — has been an increasingly popular topic of discussion in recent weeks. On Friday, CNBC posted an interview with …
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BlackRock CIO Says Bitcoin Is Durable And Will Be Part Of The Investment Arena For Years To Go
The chief investment officer of the biggest asset management firm in the world is calling Bitcoin an asset with staying power. Rick Rieder, CIO of global fixed income and head …
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Bitcoin Whales Depositing BTC to Exchanges, More Short-Term Downside Action Inbound?
It’s been a tumultuous couple of days in the cryptocurrency market following the latest declines. According to a reputable analyst, however, the short-term downside might not be over, though other …
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