Bitcoin’s run-up was halted at around $39,000 after the Federal Reserve announced it will increase the interest rates in March this year. The altcoins, which were also heading north, dropped …
MoreTag: BTC
Elon Musk’s electric vehicle giant has made no changes to its Bitcoin holdings in Q4 2021
The financial statements published by Tesla in regards to its Q4 2021 performance indicated that the firm’s BTC position had remained the same, worth approximately $1.26 billion. It was roughly …
MoreAlmost $3 billion worth of Bitcoin moved away from exchanges, but there is enough selling pressure
Almost $3 billion worth of Bitcoins had been removed by traders from various centralized exchanges as the first cryptocurrency’s price spiked up to $39,000 as the Fed left the key rate in the country …
MoreMicroStrategy intends to continue investing in Bitcoin (BTC) no matter what
Although the value of Bitcoin has fallen significantly in recent months, MicroStrategy intends to continue investing in the digital asset, despite a recommendation by the U.S. securities agency to amend the …
More$100 million liquidated in 1 hour: Bitcoin (BTC) plummeted below $33,000
The price of the primary cryptocurrency dumped again, this time from around $35,000 to below $33,000. Dropping to its new six-month low caused a lot more pain for over-leveraged traders. …
MoreMicroStrategy to maintain its diamond hands despite Bitcoin price threatening to crash further
Michael Saylor revealed that his company was not going to sell any of its Bitcoin holdings. The executive disclosed this in a virtual interview with Bloomberg’s Studio 1.0. Despite the …
MoreMichael Saylor explains why Bitcoin (BTC) is both a blessing and a curse
In a recent interview, Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence company MicroStrategy Inc., shared his latest thoughts on Bitcoin and more specifically its price action. …
MoreCanada-based Middle Eastern restaurant chain eports earning 300% gains on BTC investment to weather pandemic
More than a year after a Canada-based Middle Eastern restaurant chain converted its fiat cash reserves into Bitcoin, the owner reported the move helped save the business during the pandemic. …
MoreHundreds of small US banks are set to offer Bitcoin trading in second quarter of 2022
Hundreds of small US banks are set to offer Bitcoin (BTC) trading services during the first half of 2022 as digital assets continue to become popular among clients. According to …
MoreStrike’s digital wallet is 5th most popular finance app in Argentina, but where is Bitcoin?
Strike’s digital wallet has become the fifth most popular finance app in Argentina within a week of its launch. The firm, led by hoodie-wearing CEO Jack Mallers, rolled out its crypto …
More