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Nasdaq Listed Greenpro Capital to Set up Bitcoin Fund Using a $100 Million Loan
31.12.2020
The Nasdaq listed Greenpro Capital Corporation has revealed plans to set up a bitcoin fund using $100 million in borrowed funds. In addition to the borrowed funds, Greenpro, through its subsidiary Cryptosx, says it plans to use its own cash resources to acquire the digital asset. The financial...
Elon Musk Endorses Cryptocurrency for Martian Economy
31.12.2020
Spacex and Tesla CEO Elon Musk, widely believed to be the man taking humanity to Mars and building a permanent settlement there, tweeted his approval of the idea that Mars’ economy will run on cryptocurrency. Elon Musk Envisions Mars’ Economy Run on Cryptocurrency Elon Musk believes...
Price analysis 12/30: BTC, ETH, XRP, LTC, BCH, DOT, ADA, BNB, LINK, BSV
30.12.2020
Bitcoin price continues to chase after $30,000 but continued rejections below the key level are negatively impacting altcoin prices
Bitcoin Miners Earn Over $1 Million per Hour — Revenue Increases 185% Since the 2020 Halving
30.12.2020
Bitcoin miners have been yielding a very profitable year in monthly revenues, as the latest onchain data shows significant figures at its highest levels since 2019. Hourly Bitcoin Mining Revenues Hits 2019 Highs According to Glassnode, BTC miners are currently earning $1 million per hour, meaning...
Bitcoin Price Touches $28,600, Crypto Asset’s Value Gains Over 288% in 2020
30.12.2020
The price of bitcoin touched an all-time high at 3:12 a.m. (EST) during the early morning trading sessions reaching $28,600. The crypto asset’s market valuation is over $519 billion on Wednesday, as bitcoin markets command over 14 billion dollars in global trade volume. Bitcoin (BTC) markets...
'Bitcoin liquidity crisis' — BTC is becoming harder to buy on exchanges, data shows
30.12.2020
Bitcoin liquidity is declining, data from Glassnode shows, which could propel BTC price even higher
Publicly-Listed Bitcoin Mining Operations See Shares Skyrocket, Riot Blockchain Market Cap Reaches $1B
30.12.2020
While bitcoin’s value has captured new all-time price highs, a number of publicly listed bitcoin mining operations have seen significant profits. The U.S.-based firm Riot Blockchain’s market valuation recently obtained a $1 billion capitalization. Meanwhile, a number of other bitcoin...
Bitcoin price inches closer to $30,000 with new all-time highs
30.12.2020
A swift return to form for Bitcoin sparks 8% daily gains and gives no hint of a deeper reversal under $30,000
Augmented Reality Firm Nextech AR Joins the Bitcoin Treasuries Bandwagon, Buys $2 Million BTC
29.12.2020
On the heels of the Canadian company Mogo purchasing bitcoin for treasury reserves, the British Columbia-based augmented reality firm Nextech AR Solutions has announced the purchase of $2 million in bitcoin. Nextech’s chief executive officer Evan Gappelberg says the firm may add more in 2021....
'Bullish year ahead' — Bitcoin primed for Q1 2021 gains, strength index suggests
29.12.2020
The monthly RSI of Bitcoin has surpassed 80, which historically led to larger rallies in the past
India Considers 18% GST on Bitcoin Transactions
29.12.2020
The Indian government is reportedly mulling over imposing an 18% goods and services tax (GST) on bitcoin transactions. According to the Central Economic Intelligence Bureau, the government could gain Rs 7,200 crore annually from this bitcoin taxation. 18% GST on Bitcoin Trades The Central Economic...
The Bitcoin Treasuries List Exceeds $30 Billion – 29 Companies Hold BTC Reserves
29.12.2020
More than 1.1 million bitcoin or over $30 billion worth of the crypto asset is held by a myriad of companies, according to the web portal bitcointreasuries.org. The massive stash of bitcoin reserves held by well known companies started swelling after the billion-dollar firm Microstrategy purchased...
Market Wrap: Bitcoin Hovers Around $27K While ETH/BTC Pair Goes Bullish
28.12.2020
Bitcoin takes a break after record price-setting Sunday while some traders are plowing BTC into ETH
Bitcoin whales are buying more aggressively since Christmas, data finds
28.12.2020
High-net-worth investors, or whales, have been buying Bitcoin more aggressively since Christmas, on-chain data show
Price analysis 12/28: BTC, ETH, XRP, LTC, BCH, DOT, ADA, BNB, LINK, XLM
28.12.2020
Bitcoin is taking a breather after the recent rally while altcoins are attempting to play catch up
Marathon Settles Record-Breaking ASIC Acquisition, Buys 70,000 High Performance Bitcoin Miners
28.12.2020
On December 28, the publicly listed firm Marathon Patent Group announced the purchase of 70,000 Antminer S19 bitcoin miners from Bitmain for $170 million. Marathon expects the shipments to complete in 2021, giving the mining operation over a hundred thousand ASIC miners or more than ten exahash...
China’s Coal Standoff Causes Power Shortages, Chinese Bitcoin Miners ‘Heavily Affected’
28.12.2020
Regional reports from China detail that bitcoin miners located in certain areas in South China are running short on electricity. The country has been having massive issues with coal prices soaring across the mainland, as the Chinese government hasn’t been allowing coal carriers into ports....
Altseason and $30K in sight: 5 things to watch in Bitcoin as 2020 ends
28.12.2020
A Christmas full of cheer for hodlers tops out above $28,000, amid warnings that Bitcoin is already in regulators' crosshairs for 2021
Shark Tank’s Kevin O’Leary Warns Regulators Will Come Down Hard on Bitcoin — ‘It Will Be Brutal’
28.12.2020
Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, has warned about regulators coming down hard on bitcoin. In addition, he says that “even if bitcoin were to go up another 2,000%, it’s completely irrelevant to institutional clients.” Kevin O’Leary Warns...
Financial Guru Dave Ramsey Doubts Bitcoin Can Be Cashed Out — Advises BTC Investor to Sell Now
28.12.2020
Personal finance guru Dave Ramsey has given advice about bitcoin to a man who made over $100,000 by investing just $1,500 in the cryptocurrency. Ramsey repeatedly expressed his doubt that bitcoin can be cashed out, calling the cryptocurrency “funny money.” He recommends selling bitcoin...