Phunware, an enterprise cloud platform for mobiles bought 398 bitcoin for approximately $23.8 million in cash at an average price of approximately $59,917 per bitcoin, inclusive of fees and expenses, …
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El Salvador plans on building the world’s first “Bitcoin City” to be powered by one of the volcanoes
El Salvador — the first country in the world to adopt Bitcoin as legal tender in September — plans on building the world’s first “Bitcoin City,” an entire city to be funded …
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Institutional managers bought the dip as cryptocurrency funds see $154 million in weekly inflows
Institutional investors were unfazed by the recent correction in the cryptocurrency markets, as digital asset funds dedicated to Bitcoin and Ether continued to grow, according to data from CoinShares. Crypto …
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Bitcoin (BTC) reclaims $60,000 level after brief drop
Bitcoin, the number one cryptocurrency by market capitalization, touched the pivotal $60,000 level once again at 5:02 p.m. UTC on the Bitstamp exchange. Bulls, however, are struggling to gain footing above …
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El Salvador is set to Buy $500 M Bitcoin, taps crypto market for government bonds, plans Bitcoin city
El Salvador is set to become the first country in the world to issue government debt, backed by its economy and taxpayers, on the bitcoin market. This will mark the …
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Fidelity to give a major push to institutional adoption of Bitcoin (BTC) in Canada
Fidelity Clearing Canada, a subsidiary of Boston-based mutual fund giant Fidelity Investments, has obtained regulatory approval to launch the first cryptocurrency trading and custody solution for institutional players, The Globe and Mail …
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A new research: Over 40% of people prefer Bitcoin (BTC) to local currencies
A new study by crowdsourcing insight platform Premise has highlighted the perception of digital currencies in various countries, with a significant number of people preferring Bitcoin to local currencies. In …
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Indian Prime Minister issued a stern warning that Bitcoin poses a threat to younger generations
On Thursday, November 18, 2021, Indian Prime Minister Narendra Modi issued a stern warning that Bitcoin poses a threat to younger generations, adopting a combative tone as his government prepares …
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The open interest in Bitcoin (BTC) options markets is presently above $12.6 billion
As of November 17, the open interest (OI) in Bitcoin options markets is presently above $12.6 billion, which is approaching all-time highs. Notably, this level of Option OI has been …
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Bitcoin (BTC) toys with $60,000 as crucial price support level sees multiple retests
Bitcoin bounced at the pivotal $58,400 during Nov. 17 as the day continued choppy price action. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly reversing after its fourth wick below $59,000 in …
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