Bitcoin News

Novogratz: Global 'Liquidity Pump' Will Keep Bitcoin Rising, Price…

Billionaire investor Michael Novogratz said global “liquidity pump” from stimulus packages will keep driving bitcoin’s price higher. He expects the price of bitcoin to reach $20,000 this year, fueled by retail investors shifting to the cryptocurrency.

Bitcoin-20200730.JPG

Americans to Buy Bitcoin With Their Second Stimulus Checks After In…

U.S. investors may be planning to use their second $1,200 stimulus money to buy bitcoin – again.

Bitcoin-20200728.JPG

New Satoshi Stash Estimate Claims Creator Mined $10.5B Worth of Bit…

On Monday, the blockchain trackers and researchers from Whale Alert published a new research report about the infamous fortune allegedly owned by Satoshi Nakamoto. Researchers estimate that Bitcoin’s creator possibly mined coins up to block 54,316, capturing 1,125,150 BTC or $10.5 billion using today’s exchange rates.

Bitcoin-20200724.JPG

Wirex Approved to Issue Mastercard-Backed Bitcoin Debit Cards

Mastercard said Monday it had granted Wirex principal membership status, becoming the “first” native cryptocurrency outfit to do so.

Bitcoin-20200721.JPG

Grayscale Crypto Investments Add Nearly $1 Billion in Q2 — Bitcoin…

Grayscale Investments has posted a record quarterly performance, having added almost $1 billion, which nearly doubled its previous quarterly high. 84% of the investments were from institutional investors. The cumulative investment across all of its crypto products has reached $2.6 billion.

Bitcoin-20200717.JPG

Bitcoin Transactions: New High for Argentina as Confidence in the P…

Crisis laden Argentina saw bitcoin transactions worth $1.4 million (101 million pesos) being recorded in the past week, a new high for the country.

Bitcoin-20200709.JPG

Comprehensive Analysis Predicts Bitcoin Price Near $20K This Year,…

A new, comprehensive analysis has predicted the price of bitcoin to reach almost $20K this year and will keep rising to almost $400K by 2030. The researchers have also predicted the future prices of several other major cryptocurrencies, including bitcoin cash, ethereum, and litecoin.

Bitcoin-20200701.JPG

Popular Analyst Reveals New Bitcoin Pricing Model: Prediction Sugge…

The popular bitcoin analyst Willy Woo told his 132,000 Twitter followers that he’s working on a new pricing model that suggests a bull run is imminent. In fact, Woo says the model suggests bitcoin is close to “another bullish run” with “maybe another month to go.”

Bitcoin-20200628.JPG

Bitcoin Price Dump: Miners Start Selling 9,000 BTC, Possibly Openin…

Bitcoin miners on Tuesday transfered nearly 3,000 bitcoin, worth around $28 million, directly into exchange wallets. Several thousand others were likely moved via over-the-counter (OTC) deals.

Bitcoin-20200626.JPG

Bitcoin Whale Transfers $2.2 Billion Worth of BTC for Just $7

Whale alert reports that a so-called whale has transferred the equivalent of $2.24 billion in bitcoin for less than $7.

Bitcoin-20200621.JPG

Bitcoin Whale Population Spikes to 1,882 - Highest Level in Three Y…

The number of so-called whales with 1,000 bitcoin or more in their wallets has climbed to 1,882 from around 1,650 in January. It is the highest the numbers have reached in nearly three years.

Bitcoin-20200617.JPG

Market Wrap: Bitcoin Is Still Up 30% in 2020 After a Bumpy Week

Despite sliding in sympathy with stocks this week, bitcoin’s performance remains healthy this year, up 30% so far. 

Bitcoin-20200613.JPG

Bitcoin to Rise to $20K This Year Spurred by Government Money Print…

Bloomberg has forecast bitcoin to reach its record high of $20,000, and possibly $28,000, this year.

Bitcoin.20200608.JPG

Despite Russia's Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar

Peer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Russia, despite the State Duma’s opinions and regulations aimed at crypto assets. On Monday, the Russian government published a draft version of litigation mandates called “On Digital Financial Assets,” and lawmakers are looking for public opinion.

Bitcoin-20200604.JPG

Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since H…

Grayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrency, which is expected to grow significantly post the coronavirus crisis.

Bitcoin-20200601.JPG

Eight Countries That Don't Tax Your Bitcoin Gains

As world governments push through legislation to levy taxes on capital gains from bitcoin (BTC) transactions, seeking to earn more from an asset class that frowns on regulatory oversight, there are still a few countries that remain pro-crypto, allowing investors to buy, sell or hold digital assets at zero taxes.

Bitcoin-20200527.JPG

Bitcoin Worth $282K from the 2016 Bitfinex Hack on the Move

The cryptocurrency community has noticed a number of bitcoins from the August 2, 2016, Bitfinex breach has been moved. A small 30 BTC transaction ($282,000) from the stash has moved from the hacker’s address to an unknown bitcoin address. The last time coins from the Bitfinex incident moved was June and August 2019, as the bitcoins hadn’t transferred for three years since then.

Bitcoin-20200525.JPG

Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Term…

Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country.

Bitcoin-20200521.JPG

First Mover: Dull Bitcoin Halving Salvaged by Satoshi Tribute in Bl…

Bitcoin's halving, the subject of amped-up buzz, hype and speculation since late 2019, proved anticlimactic on Monday as prices slid for a third straight day and the blockchain network slowed to a crawl.

Bitcoin-20200513.JPG

Bitcoin Lender Genesis Global Issues $2 Billion in Loans During Rec…

Genesis Global Trading has reported a 100% jump in new loan originations in the first quarter. The cryptocurrency lender and trading platform added a record $2 billion in new loans in the three months leading to March 2020, up $1 billion from the previous quarter. BTC accounted for 44.8% of the loans and bitcoin cash (BCH) 5.8%.

Bitcoin-20200502.JPG

Blockchain Bites: What the Bitcoin Halving Means for Miners and Prices

Predictions and price models proliferate ahead of Bitcoin's programmatic halving, expected in less than two weeks.

Bitcoin-20200430.JPG

Why Global Deflation May Not Be Bad News for Bitcoin

Contrary to expectations, bitcoin could see a positive performance during a possible bout of global deflation if it acts not just as an investment asset, but as a medium of exchange and a perceived safe haven like gold. 

Bitcoin-20200424.JPG

Bitcoin's Third Halving: Survey Shows 50% of Miners Expect a Price…

The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate climbed over 240%.

Bitcoin-20200412.JPG

Bitcoin Tracks Stocks Up to $7.4K Before Sliding Back to $7.1K

Bitcoin trended higher along with many traditional markets Tuesday before changing direction and falling as U.S. stock trading closed.

Bitcoin-20200408.JPG

Bitcoin Briefly Tops $7K as Traders Say Worst of 2020 Sell-off May…

Bitcoin (BTC) rose Thursday for the fourth straight session and briefly climbed above $7,000 for the first time in three weeks.

Bitcoin-20200302.JPG

Trader Survey Respondents Predict Bitcoin Price Will Surpass $22K i…

San Francisco-based exchange Kraken conducted a poll that stems from the responses of 400 “VIP” cryptocurrency traders. Despite the current economic climate, surveyed participants indicate they still believe the cryptoconomy is in a “bull market.” Moreover, Kraken’s survey respondents think BTC prices will touch a new all-time high at $22,866 per coin.

Bitcoin-20200329.JPG

1.2 Million Italians Can Now Buy Bitcoin From Their Bank

Buying bitcoin just got easier for Italians. The country’s mobile bank Hype has announced a partnership with fintech startup Conio, enabling customers to buy, sell, and securely store BTC from within their banking app.

Bitcoin-20200325.JPG

Bitcoin Bumps Up, but for How Long?

As traditional markets continue to struggle with the coronavirus crisis, cryptocurrencies are seeing an upswing in both price and volume. Now crypto traders are wondering how long this new rally will last.  

Bitcoin-20200321.JPG

Indian Government Reveals Inspection of Bitcoin Businesses, Informs…

The government of India has informed Lok Sabha, the lower house of parliament, about the Ministry of Corporate Affairs’ inspection of cryptocurrency businesses. Minister of State for Finance and Corporate Affairs Anurag Singh Thakur provided details of two companies in particular.

Bitcoin-20200319.JPG

Bitcoin Falls Below $5K as Market Pain Deepens

Bitcoin (BTC) and the broader cryptocurrency market continued this week's sharp decline, with the world's largest crypto falling to around $4,800.

Bitcoin-20200313.JPG