Category: Bitcoin

On-chain data expert Willy Woo says long-term Bitcoin holders are quietly accumulating BTC while it corrects. In a new tweet, the on-chain analyst highlights that BTC holders with very little history of selling are scooping up the flagship crypto asset even as it continues to consolidate. “Anyone selling right now is cray cray. Seriously strong

Bitcoin (BTC) institutional investment firm NYDIG has staged an abrupt price cut for investors using it to gain exposure to BTC price action. In a press release on March 24, the company confirmed that effective immediately, its access fee had been reduced to 0.3%. Bitcoin buyers pick their premium The move comes just days after

A Quantum physicist is revealing that while quantum computers pose no risk to Bitcoin mining, they threaten the algorithms that keep Bitcoin and the internet secure. In a recent video, Anastasia Marchenkova argues Bitcoin has a built-in design that protects it against entities using quantum algorithms to mine BTC at a rapid rate. “Let’s say

Bitcoin rewards app, Lolli, has announced the close of its pre-series A fundraising round after raising $5 million. The round saw investment from a diverse array of participants, including Seven Seven Six — the venture capital firm co-founded by Reddit executive chairman Alexis Ohanian — Serena Williams’ Serena Ventures, management company Night Media, and various

Bitcoin (BTC) recovered above $56,000 on March 24 after a new “Elon candle” put a familiar spring in the step of bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview Crunch time at $58,000 Data from Cointelegraph Markets Pro and Tradingview showed BTC/USD gaining 3.3% over several hours during Wednesday on news that Tesla will accept —

Bitcoin whale watchers are tracking the movement of two BTC transactions worth hundreds of millions of dollars that were sent at the exact same time. On March 22nd, whale watching bot Whale Alert spotted the transfer of 2,490 BTC worth over $141 million from one wallet of unknown origin to another unknown wallet. The transaction

London-based cryptocurrency and fintech firm Wirex has announced that it will no longer take on new U.K.-based customers following discussions with the jurisdictional regulator, the Financial Conduct Authority. The decision to temporarily halt U.K. sign-ups was apparently voluntary, according to a press release posted by Wirex on March 24, however, it did follow hot on

London-based cryptocurrency services provider Blockchain.com has raised $300 million in a new investment round that valued the firm at $5.2 billion — up from a $3 billion valuation just one month ago. The investment round was led by DST Global, Lightspeed Venture Partners and VY Capital, and is the crypto industry’s third-largest capital raise to

Michael Derbin, head of Fidelity Institutional, thinks that many wealth managers and financial advisors still lack the requisite in-depth knowledge when it comes to digital assets. Whereas some wealth managers are by now “sophisticated” and “comfortable” with cryptocurrencies and their underlying technology, he said, many others lag behind. In an interview at Reuters Digital Asset

Elon Musk has announced that Tesla cars can now be purchased using Bitcoin (BTC). The electric car company’s CEO and “Technoking” said the firm would operate Bitcoin nodes directly, and would hold on to the Bitcoin it accumulates without converting it to fiat. You can now buy a Tesla with Bitcoin — Elon Musk (@elonmusk)