News about BITCOIN

News about Bitcoin

Uruguay’s First Bitcoin & BNB ATM an Instant Hit with ‘1,000 Transactions in First Hours’

submitted by /u/bitdex [link] [comments]

Single inactive volcano has 90% chance of powering El Salvador's Bitcoin City, according to president

According to Nayib Bukele, should the power consumption of the country’s planned Bitcoin City exceed the volcano’s capacity, geothermal energy can be sourced from other sites....

Bitcoin Open Interest Continues To Rise, Short Squeeze Incoming?

On-chain data shows Bitcoin open interest and estimated leverage ratio metrics have continued to rise recently. This could mean that a short squeeze may be coming soon. Bitcoin Open Interest Rises Despite Decline In Price As pointed out by an analyst...

Billionaire Investor Bill Miller Now Has 50% of His Personal Wealth in Bitcoin

submitted by /u/111319 [link] [comments]

Bitcoin’s Hashrate Slides 15% in 10 Days, Price and Difficulty Puts Pressure on BTC Miners

The price of bitcoin has been on a long losing streak since November 10, 2021, when the leading crypto asset tapped an all-time high at $69K per unit. During the last two weeks, bitcoin has shed more than 19% in value, and the network’s hashra...

People who complain about Bitcoin or Crypto please read this

You can say whatever you want. But most people who are complaining about bitcoin or crypto in general just don't know how to get into the game (and yes it is the game as the whole capitalism is) or are jealous of people getting rich for no real r...

Bitcoin Keeps Bleeding And Nears $40K, 4 Scenarios For Q1 2022

Bitcoin starts yet another 2022 week in the red with a 2% loss in 24 hours and a 13.5% loss in 7 days. The benchmark crypto has been on a downtrend since the end of 2021 and could potentially dip further due to macroeconomic factors. Related Reading...

Bitfarms purchased more than $43M in Bitcoin to start the new year

“Our guiding company strategy at Bitfarms is to accumulate the most Bitcoin for the lowest cost and in the fastest amount of time for the benefit of our shareholders,” said founder and CE...

The Hidden Bitcoin Trend Line That Could Save The Bull Run

Today, Bitcoin price sank below $40,000 for the first time since September – a price more than 50% lower than what the market was anticipating this time of year. While the downside has been impossible to ignore, the latest sweep of lows has resulted...

How much Bitcoin can a certain institution/company/person/government buy OTC(Over-the-Counter) without influencing the price by a lot? Can US Government buy 200 billion dollars worth BTC Over-the-Counter? How will this affect the price and when exactly? I

The question is pretty much in the title. How does Over the Counter work exactly? When is the purchase reflected in the actual price? Why do whales buy OTC so they don't influence the price? What is the maximum bulk purchase of Bitcoin that can h...

Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom

Bitcoin has been on a downward streak since the last quarter of 2021, and this has spilled into the new year. As January goes into full bloom, it has come with discouraging movements for investors as over $500 billion has been wiped off the market. T...

Bitfarms Bought $43.2M of Bitcoin in the First Week of January

submitted by /u/_ich_ [link] [comments]

Colombia’s Biggest Bank To Offer Bitcoin Trading - Bitcoin Magazine

submitted by /u/Amber_Sam [link] [comments]

Jack Dorsey’s Block Is Hiring To Develop Next-Gen Bitcoin Mining ASIC

submitted by /u/Bitcoin_Magazine [link] [comments]

Billionaire investor Bill Miller puts 50% of net worth in Bitcoin

Investor Bill Miller is betting big on Bitcoin, allocating 50% of his personal net worth to BTC and related equity. Investor Bill Miller is bullish on Bitcoin (BTC) de...

These 3 cryptocurrencies are taking an even bigger hit during Bitcoin's price slump

Bitcoin's drop in the first ten days of 2022 is still less disappointing than some of its top crypto rivals that have fallen much harder. The cost to purchase one Bitc...

There will be a point where Bitcoin will completely decouple from stocks as more people and companies use it as a protection hedge or safe haven, while stocks continue to depreciate.

Those who sold will be sorry. Don't be one of them, HODL! and buy the dip. Your future self will thank you! submitted by /u/simplelifestyle [link] [comments]

If you can't keep bitcoin while it's down 80%, you don't deserve it when it's up 10000%

So this is one of my favourite quotes that keep my diamond hand HODLing BTC, leave yours! Edit: Yo guys! Thanks for the responses, no matter showing criticism or support. I don't really know why people are comparing this situation to being in a t...

Bitcoin slips under 40k for the first time since August 2021

Is this now a major sign of an imminent bear market? Are there people still believing in a correction? Bitcoin has seen a major rise in the recent months breaking the all time high in November. But since the beginning of December, the crypto market...

Bitcoin drops below $40K for first time in 3 months as fear set to 'accelerate'

Volatility comes right on cue as the loss of $40,000 sparks a tussle with swings of $1,000 up and down. Bitcoin (BTC) fell below the landmark $40,000 mark for the firs...

Bitcoin just dipped below where it was a year ago for the first time in 16 months

Edit: some people seem to misunderstand the title, let's pretend I wrote "Bitcoin just dipped below where it was a year earlier for the first time in 16 months", maybe that's more understandable? Edit2: many of you still don't u...

Why Bitcoin Must Never Leave Proof-of-Work (PoW). PoW makes Bitcoin unique and superior.

Bitcoin needs to stop the environmental disaster and move away from Proof-of-Work (PoW) to Proof-of-Stake (PoS). This is what I am reading more and more often. The people issuing this type of opinion are from all sides: politicians, economists, banke...

Bitcoin Billionaire Bill Miller is 50% in Bitcoin, Recommends 1% Allocation - Jan 7 2022

submitted by /u/Fiach_Dubh [link] [comments]

Spanish lawmaker sees opportunity amid Kazakhstan’s Bitcoin mining collapse

As the Bitcoin mining industry matures, it will seek stable political environments and stable energy sources. Deputy for the Spanish Ciudadanos political party María M...

If Bitcoin was at $100K right now, people would be asking for another chance to buy under 50K. Now that we are under 50K they don’t want it.

As the title says now that we are under 50k people are waiting to buy under 40k. People always panic to buy when market is at extreme fear while the extreme fear is what we wished for when market was pumping like crazy. Every 40-50% correction peopl...

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