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Square Adds $170 Million More in Bitcoin to Balance Sheet — Company Now Holds 5% of Total Cash Reserves in BTC
24.2.2021
Square has bought more bitcoin, adding $170 million worth of the cryptocurrency to its balance sheet. The company now holds 5% of its cash reserves in bitcoin. Its Cash App was used by more than three million customers to purchase or sell the cryptocurrency last year. $170 Million Bitcoin Purchase...
Bitcoin Price Drops 18%, Fed Discusses ‘Soft’ Inflation, Analyst Says BTC Sell-Off Attracts More Investors
23.2.2021
Digital asset markets are seeing some turbulence on Tuesday as the entire crypto market capitalization has lost 11% in value during the last 24 hours. Bitcoin has slid to a low of $44,846 during the morning trading sessions (EST) losing more than 18% during the last day. Bitcoin Price Dips Over...
Altcoins and DeFi sell-off after Bitcoin’s 17.6% correction below $50K
23.2.2021
DeFi tokens and altcoins bore the brunt of today's carnage as Bitcoin price dipped below $48,000
Microstrategy to Sell $600 Million Worth of Convertible Notes to Buy More Bitcoin
16.2.2021
The publicly listed company Microstrategy announced that it has plans to purchase more bitcoin after acquiring 71,079 bitcoin during the last six months. On Tuesday, Microstrategy revealed its plans to sell $600 million in convertible senior notes to qualified institutional buyers in order to...
Elon Musk Urges Dogecoin Whales to Dump Their Coins — Even Offers to Pay Them
16.2.2021
Tesla CEO Elon Musk believes that too many dogecoins are held by too few whales and has made them a huge offer. He will give his full support if they sell most of their coins, and will even pay actual money for them to destroy their coins in some provable fashion. Some believe that major […]
Paypal to Expand Its Crypto Services Offering to the UK
15.2.2021
Paypal’s cryptocurrency services are coming to the United Kingdom, as the digital payments giant is now targeting non-U.S. countries. Buy, sell and hold digital asset products could be available for Paypal’s U.K. customers in “a number of months.” Results With the Paypal...
Why a Chinese New Year Sell-Off May Not Happen This Year
5.2.2021
It's the year of the ox, and many traders and investors are holding their bitcoin in anticipation of a bullish market trend
Soaring Sell Orders Contrast Sharply with Bitcoin’s Renewed Bull Run
2.2.2021
Alongside the cryptocurrency’s meteoric climb over the back half of 2020 and early 2021, a curious phenomenon has unfolded; heightened profit-taking and conversion to fiat currencies. Data collected by Simplex, a fiat-crypto gateway, underscores this seemingly paradoxical development....
Analyst says Bitcoin price sell-off may occur as Chinese New Year approaches
30.1.2021
Bitcoin is struggling to retake the $35,000 level as one analyst predicts miners will continue selling BTC ahead of the Chinese New Year holiday
Bitcoin Falls as Miners Sell, Institutions Watch Yellen
26.1.2021
Some institutions have paused their buying, at least for the moment
Crypto Exchange Giant Coinbase to Sell Shares Privately Ahead of Public Offering
25.1.2021
According to a recent report, the San Francisco-based cryptocurrency exchange Coinbase is purportedly planning to sell stock on Nasdaq’s private market ahead of the initial public offering (IPO). Coinbase reportedly notified shareholders that they will receive information pertaining to...
Some Russian officials are being forced to sell their crypto by April 2021
22.1.2021
Some Russian public officials have to disclose their crypto holdings, while other officials are obliged to hold zero crypto by April 1, according to a new law
Bitcoin Price Sees Largest Daily Loss in 10 Months
22.1.2021
Bitcoin ended Thursday down 13% amid continued selling
Bitcoin Slumps to $31K on Sell-Off in US and Europe
21.1.2021
Uncertainty is leading many to take short-term profit, according to the "Coinbase Premium" indicator
Bitcoin Sells Off on Bearish Sentiment, Yellen Worries
20.1.2021
The sell-off also led to major corrections for other cryptocurrencies including ether, stellar, xrp and chainlink
US Dollar and Coinbase Also Blamed For Bitcoin Sell-Off
12.1.2021
Source: Adobe/Юрий Дьяконов
The strenghtening US dollar and technical issues at major crypto exchange Coinbase might be partially blamed for the bitcoin (BTC) crash seen yesterday, according to analysts.
There's something behind every crash of the world's number one crypto, and many become...
First Mover: Market Signs Look Healthy as Bitcoin Sell-Off Subsides
12.1.2021
Record trading volumes have accompanied bitcoin's rally this year, and subsequent swoon, offering a healthy sign of just how much price discovery is taking place in rapidly growing (to $3T?) cryptocurrency markets.
Investment Manager Guggenheim Has Some Advice as BTC Sheds Billions — ‘Bitcoin’s Parabolic Rise Unsustainable’
11.1.2021
Guggenheim Investments’ global chief investment officer has some advice on what investors should do as the price of bitcoin plummets. His company, with $230 billion in assets under management, has been trying to buy bitcoin for months. Guggenheim’s Strategist Has Some Bitcoin Advice...
Two New York City Bars up for Sale for a Total 25 Bitcoins
11.1.2021
Two New York City bars are up for sale for a combined 25 bitcoins or 800 ether – over $800k at current prices. Bar owner Patrick Hughes has seen the worst of the Covid-19 pandemic lockdown on his operations and decided to sell the two watering holes for crypto. ● “Crypto is...
Bitcoin whales are profiting as 'weak hands' sell BTC throughout $40K bull run
11.1.2021
High or low, Bitcoin is still being shaken out of small investors and flowing to "millionaire" wallets, data confirms this week