Tag Archives: BTCGBP

Twitter founder Jack Dorsey’s payments firm Square is riding the Bitcoin wave like there’s no tomorrow. The company’s Q3 investors’ letter has just come out. And if numbers are anything to go by, Square has registered a humongous $1.3 billion revenue in the third quarter through Bitcoin sales. This comes amid the company clocking a $3.03 billion net revenue and nearly $800 million in net profits. Bitcoin’s Headed For The Stars Along With Square’s Q3 Earnings While bitcoin’s...

The United States Department of Justice confiscated around $1 billion worth of bitcoins on Tuesday. Today it is suing for forfeiture of the BTC that federal personnel seized. The coins allegedly belong to the now-defunct darknet marketplace Silk Road. US DOJ Wants The Forfeiture Of Bitcoin Worth $1 Billion As per Bloomberg’s latest report, the US Justice Department wants immediate forfeiture of bitcoins worth $1 billion that it seized on Tuesday. The BTC stash belongs to Silk...

Galaxy Digital CEO Mike Novogratz believes that Bitcoin is in a bull market as the asset has crossed a milestone in its adoption cycle. The former hedge fund manager also noted that BTC will only benefit if the US Federal Reserve continues printing such excessive amounts of money. Novogratz: Bitcoin Is In a Bull Market Bitcoin has been on a roll lately and earlier today marked a fresh yearly high of nearly $15,000. Apart from breaking the 2020 record, this impressive price...

Bitcoin price continues to break new grounds today as bulls prepare to take on the $14,900 resistance. Since the bottom of the brief dip yesterday at 08:00 UTC, $24 billion has been added to the market with most of it being piled into BTC. Bitcoin dominance has now broken over 65.0% for the first time since June, which shows there’s currently little interest in altcoins at this moment in time. Even some of the typically strong performing DeFi tokens such as Yearn.finance...

Ethereum’s creator officially announced the release of the Ethereum 2.0 deposit contract a couple of hours ago. ETHUSD markets responded with a large green candle that has pushed the network’s native cryptocurrency past the $400 mark. The question is, will this latest update help ETH outperform bitcoin once again? Ethereum 2.0 Deposit Contract Officially Released Ethereum’s creator Vitalik Buterin took to Twitter to announce the launch of the Ethereum 2.0 deposit contract....

• This day has been nothing short of exciting for the cryptocurrency markets. In fact, it has been a wild ride for all markets, and that’s to be expected – after all, the 2020 US Presidential Elections are currently taking place. • As the officials are counting the last ballots in a few states, the situation is particularly dense, and markets are rather jittery and riddled with uncertainty. At this point, it has become rather clear that the vote could go either way. •...

Republican candidate Cynthia Lummis, endorsed by President Donald Trump, has won the US Senate race in Wyoming. She will become the first woman to serve as US Senator in Wyoming’s history and one of the first Bitcoin proponents in Senate as she initially purchased BTC back in 2013. Bitcoin HODLer To Become Wyoming Senator Lummis served as Wyoming’s only US House member from 2009 to 2017. As former Senator Mike Enzi announced his retirement, Lummis received President Trump’s...

One of the most famous Bitcoin wallets among hackers and treasure hunters in the crypto-verse is now empty. Someone moved over 69.369 BTC from a legacy wallet to a new native SegWit format address (a more modern format aimed at optimizing transactions by lowering their transaction fees). Everything about the wallet is a mystery: Nobody knows who owns it, who moved the funds, or why. But the wallet was as mysterious as it was popular. It was the fourth richest Bitcoin wallet...

After breaking June 2019’s 15-month high just four days ago, Bitcoin is getting closer to the hot zone once again, seeking a new high since January 2018. As of writing these lines, the first U.S. elections results are incoming shortly, and so far, Bitcoin is repeating its behavior from four years ago – surging 3% over the past 24 hours. Currently, Bitcoin is trading around the $14K mark, after increasing over $400 in the past two hours alone. Same Set-up As Of Elections...

Bitcoin, after a massive rise to last year’s high, trimmed gains in a sudden selloff yesterday. YouTube-based BTC commentator Carl Martin a.k.a The Moon, opined that the cryptocurrency is experiencing selloff from miners. But is that actually true? Is bitcoin dipping because of miner capitulation? Nope, there’s no tangible proof to corroborate the same. Carl ‘The Moon’ Martin Thinks That Bitcoin Miners Are Capitulating In a tweet, Carl Martin, who also goes by the name of...