Bitcoin briefly dropped below $57,000 during U.S. trading hours on Wednesday after news broke that health officials in the country confirmed the first case of the new coronavirus variant, Omicron, in California. At the time of publication, the largest cryptocurrency by market capitalization was…
After a sell-off last week, bitcoin and other top cryptocurrencies by market value began to rebound on Monday. Though it fell as low as $53,549 after stocks and other riskier assets declined over fears regarding the new coronavirus variant, bitcoin topped $58,000 on Monday…
A much-discussed chart among crypto traders in recent days has been the ethereum (ETH)/bitcoin (BTC) chart, with many claiming it looks primed for a sharp move higher. However, some are still betting on an opposite outcome, with investor demand also indicating stron ger appetite…
MicroStrategy bought 7,002 bitcoins worth $414.1 million in the past two months, bringing its total holdings to 121,044. It paid an average price of $59,187 per bitcoin - below a record high around $69,000, but above Monday's price. The tech firm, headed by crypto…
India is one of the world’s fastest-growing markets for cryptocurrency trading, even though the ability to trade Bitcoin and its peers freely and anonymously undermines the country’s limits on the convertibility of its currency, the rupee. The central bank is clear that it wants all…
Ukraine’s parliament, the Verkhovna Rada, has adopted a virtual asset bill legalizing and regulating cryptocurrency. According to a local report, Ukraine has passed a law that makes cryptocurrency and other digital assets legal in the country. Bill No. 3637 On Virtual Assets, gives Ukraine…
President Nayib Bukele has promoted the cryptocurrency as a path to financial freedom, but economic experts and many Salvadorans worry the move brings great risks. El Salvador on Tuesday became the first country to adopt Bitcoin as legal tender, allowing the cryptocurrency to be…
Vast Bank has become the first U.S. bank with FDIC insurance and a Federal Reserve charter to offer Bitcoin services. Customers at Vast Bank can now buy and sell Bitcoin directly from an FDIC-insured checking account, while its Bitcoin custody solutions include a mobile trading…
A year ago, bitcoin's market value was $178 billion. Bitcoin’s total market value passed $1 trillion for the first time Wednesday as the leading cryptocurrency traded at new record highs above $53,665, per the CoinDesk Bitcoin Price Index. The price of bitcoin (BTC, +3.84%) soared…
<<< Recording the history that turned Bitcoin into an important asset >>>> Today in an SEC filing, Tesla disclosed that it has acquired $1.5 billion in bitcoin, the popular cryptocurrency. Moreover, the company noted that it may also accept bitcoin in the future as a…