Category: Bitcoin

As Bitcoin looks to recover from a stomach-churning dip on the back of a strong bid this morning, on-chain data indicates that high net worth ‘whale’ wallets may not be part of the effort.  Bitcoin — along with most crypto markets — suffered a staggering series of losses this week following a string of negative

A tax authority in Argentina is reportedly looking to scrutinize operations involving cryptocurrencies like Bitcoin (BTC). Argentina’s Federal Administration of Public Income, or AFIP, has ordered domestic crypto exchanges and payment firms to provide monthly reports of all kinds of operations by users on their platforms, local news agency Buenos Aires Económico reports Tuesday. In

A city in North Dakota is joining the cryptocurrency adoption race in the United States by starting to accept crypto payments. Hercules Cummings, finance director for the City of Williston, announced Thursday that the city administration has partnered with crypto payment firm BitPay to start accepting cryptocurrencies like Bitcoin (BTC) as payment for utility bills.

Beams of light flashing out of a person’s eyes are not an uncommon sight in the world of comic books and superhero movies. In recent months, however, these so-called “laser eyes” have been making the news, not because of a movie or web series, but because of Bitcoin (BTC).  To be more specific, an increasing

DBS Private Bank, one of the biggest wealth managers in Asia outside China, has launched a cryptocurrency trust solution amid growing demand for digital assets. After setting up its own crypto exchange in December 2020, the Singaporean banking giant is now expanding its crypto services via its wholly-owned trust company DBS Trustee, The Business Times

Turkish customs enforcements brought down an illegal smuggling operation in what is said to be a record bust against illegal Bitcoin (BTC) mining equipment in the country.  After receiving a tip, Turkey’s Customs Protection’s anti-smuggling and intelligence teams raided a warehouse earlier this week in Karabağlar, İzmir, where they found 501 ASIC Bitcoin mining rigs

Money transfer behemoth MoneyGram says it will now facilitate the buying and selling of Bitcoin at its brick-and-mortar stores. In a press release, MoneyGram reveals it has partnered with cryptocurrency cash exchange Coinme to enable customers to purchase Bitcoin using fiat currencies as well as convert the flagship cryptocurrency into cash at thousands of locations

Bitcoin (BTC) has performed “very well” as traders send more coins to exchanges than at any time since the March 2020 crash. Data from on-chain monitoring resources CryptoQuant and Glassnode shows that BTC exchange inflows hit a one-year high on May 13. Nearly 30,000 BTC hits exchanges Bitcoin saw intense pressure from sellers this week

Cryptocurrency price corrected sharply today, including Ether (ETH), but this is a short-term move which is not reflective of the more macro-level events which still paint a bullish picture for assets like Ether and Bitcoin. In the last 30 days, Ether price gained 96%, moving from $2,138 to $4,200 on May 11. Normally the assumption

MicroStrategy, a Virginia-based business intelligence firm, has added another 271 Bitcoin (BTC) to its strategic reserves, underscoring CEO Michael Saylor’s growing conviction in the digital asset.  The purchases were made through May 13 for an average price of $55,387, Saylor disclosed on Thursday. MicroStrategy now has 91,850 BTC on its books for an average purchase