Bitcoin and cryptocurrencies, despite some recent volatility, have soared over the last year—with the bitcoin price up around 250%. The bitcoin price topped $60,000 earlier this year before crashing, losing around …
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Bitcoin outflows from centralized exchanges surge to 100K BTC monthly
Bitcoin outflows from centralized exchanges have surged to their highest level year-to-date, with roughly 40,000 BTC being withdrawn over the past seven days. According to the Glassnode’s August 2 The Week On-Chain report, Bitcoin …
MoreETH 2.0 will help Ether outpace BTC, Pantera Capital CEO predicts
Amid the looming Ethereum London hard fork, Pantera Capital CEO Dan Morehead predicted that the upcoming upgrade would likely help Ether (ETH) outpace Bitcoin (BTC) as the largest cryptocurrency. As a newer cryptocurrency, …
MoreGreen and clean Bitcoin (BTC) are opening new markets on OTC
One bitcoin is one bitcoin, exchangeable for another in a fully fungible manner on global exchanges that operate 24/7, 365 days a year. But in Over the Counter (OTC) markets, …
MoreJack Dorsey’s Square to acquire Afterpay for $29B and will allow buying bitcoins
Popular mobile payments platform Square announced today that it has agreed to acquire Australian financial technology company Afterpay via a multi-billion recommended court-approved “Scheme of Arrangement.” The Jack Dorsey-led company …
MoreMike McGlone: ‘Bitcoin, Gold and US Treasury bonds to become top performers’
Bloomberg’s chief expert on commodities, Mike McGlone, has shared his take that in the second half of 2012, Bitcoin and two other major assets are likely to become top performers …
MoreUtah oil producer is using otherwise wasted gas to mine Bitcoin (BTC)
Wesco Operating Co., an oil producer near Moab, Utah, found in Bitcoin a solution to a years-old problem – the wastage of natural gas that can’t be shipped to market, The …
MoreAfter El Salvador warning, IMF says accepting BTC as national currency is “a step too far”
The International Monetary Fund (IMF) published a warning that putting Bitcoin (BTC) or any other crypto on par with a national currency presents serious risks to macro-financial stability. In their official blog post, …
MoreDigital Assets Data CEO: 1 Bitcoin ‘will be worth $1,000,000 in under 10 years’
On Tuesday (July 27), Mike Alfred, Co-Founder and CEO of NYDIG subsidiary Digital Assets Data, gave his long-term price prediction for Bitcoin. On Jan 11, NYDIG announced that it had acquired Digital Assets Data, …
MoreBitcoin dominance inches closer to 50 % as BTC Revisits $40K
Bitcoin’s market share has spiked to 49.15 percent, its highest level since May 3, according to TradingView data. However, it is still down nearly 33 percent from its Jan. 3 …
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