News about BITCOIN

News about Bitcoin

First Mover Asia: Bitcoin Stalls as Contagion Hits Zipmex, Vauld. Will Ethereum's Merge Fix This? - CoinDesk

Good morning. I'm Bradley Keoun, here to take you through the day's crypto market highlights. Here’s what’s happening: Prices: Bitcoin is having its best week since March. News: Crypto contagion spreads to Zipmex, Vauld. Are there more shoes to...

There Is No Such Thing As A “Lightning Wallet” - Bitcoin Magazine

No Such Thing As Lightning Wallet - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights...

Long-Bitcoin logs outflows totaling $2.6m while ETH, SOL register… - AMBCrypto News

The cryptocurrency market has faced some of the toughest times in the year 2022. However, the market, on the whole, has been showcasing signs of recovery. Bitcoin [BTC], in particular, has been recuperating, although the overall rallying is much sl...

Tesla Sold 75% of Its Bitcoin — Elon Musk Says ‘We Have Not Sold Any of Our Dogecoin’

Tesla has converted approximately 75% of its bitcoin into fiat currency. The cryptocurrency sales left the electric car company holding digital assets worth $218 million. “We are certainly open to increasing our bitcoin holdings in the fut...

Tesla’s Second-Quarter Earnings Hurt By Supply Chain Problems and Bitcoin - The New York Times

Tesla said Wednesday that profit in the second quarter fell nearly one-third from the first quarter as deliveries slowed because of shutdowns and raw materials shortages at the carmaker’s factory in Shanghai.Profit in the quarter was $2.3 billion, Te...

Bitcoin Cash sponsors Gordon Ryan for 100k at ADCC

https://jiujitsutimes.com/gordon-ryan-signs-sponsorship-deal-with-bitcoin-cash-worth-100k-for-adcc-2022/ I’ve seen a lot of sponsorships with cryptocurrency in the fight sports world. The UFC just signed a deal with vechain. They’ve worked with cryp...

Bitcoin price dips under $23K after earnings report reveals Tesla sold 75% of its BTC

“Easy come, easy go” was the story on July 20. The day started on a positive note with Bitcoin (BTC) climbing above $24,300, only to end the official trading day in the red after less than stellar Q2 earning news showed Tesla sold 75% of its Bitcoin...

Bitcoin Shoots Up Above $24,000 As Index Show Investors Are Focusing On A Breakout

On Wednesday, Bitcoin surpassed $24,000 amid a broader recovery in the cryptocurrency sector, which has seen the global market valuation reach $1 trillion. Over the last seven days, the leading cryptocurrency has surged by more than 23%. Bitcoin Pum...

EURST Creator Simone Mazzuca Explains What Differentiates It From Other Stablecoins and Why It Is Here to Stay – Interview Bitcoin News - Bitcoin News

Simone Mazzuca is the creator of EURST – the first representative euro stablecoin, 100% asset backed with US Dollars and live audited. EURST is providing one of the most secure and reliable stablecoin structures on the euro market to serve as a...

Bitcoin Mining Gets Cleaner As U.S. Lawmakers Call for More Transparency

The Bitcoin Mining Council (BMC) published the results of their Q2, 2022, a survey on the state of the sector, its electricity consumption, and technological efficiency. The nonprofit organization claims it has collected data from 50% of the BTC netw...

Tesla has dumped 75% of its bitcoin holdings a year after touting 'long-term potential' - CNBC

Tesla, led by Elon Musk, confirmed that it purchased about $ 1.5 billion in bitcoin in January and expects to start accepting it as a payment in the future. Artur Widak | NurPhoto | Getty Images Early last year, Tesla invested $1.5 billion in...

Tesla Ruins Bitcoin Rally? Musk’s Company Sold 75% Of Its BTC

Bitcoin has lost some of its gains as news about Tesla’s earnings report is published. The Elon Musk-led company revealed that it sold 75% of its BTC holding at a 9% loss over Q2, 2022. Related Reading | Short Positions Over $165 Million Get Liquida...

This is Happening in 2022 where there’s a BITCOIN in the Virtual world

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, compa...

FBI Warns of Fake Crypto Apps — 244 Investors Defrauded, $42.7 Million Lost – Featured Bitcoin News - Bitcoin News

The Federal Bureau of Investigation (FBI) has issued a warning about fake cryptocurrency apps defrauding investors. “The FBI has identified 244 victims and estimates the approximate loss associated with this activity to be $42.7 million,” said...

Bitcoin is a commodity, as per a proposed law by pro-crypto US Senators

BREAKING: Elon Musk's Tesla Sold 75% of Its Bitcoin

BREAKING: Elon Musk's Tesla Sold 75% of Its Bitcoin - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights...

Bitcoin Now Braced For A ‘Black Swan’ Shock As Mt. Gox Prepares To Repay 142K BTC - ZyCrypto

Advertisement After managing to shake off a brutal H1 and perching above $20,000, Bitcoin now faces a new test. According to the letter sent to Mt. Gox creditors last week, the rehabilitation trustee hinted at commencing the repayment of abo...

Breaking: Tesla sold 75% of Bitcoin holdings in Q2

Electric vehicle maker Tesla sold most of its Bitcoin (BTC) holdings in the second quarter, according to new financial disclosures released on Wednesday. "As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat cu...

Tesla sold their Bitcoin for an average price of $28,888 which coincides with the breakdown that led to cascading liquidations across the market in mid-June

Tesla sold 75 percent of its Bitcoin

tldr; Tesla has sold 75% of its Bitcoin holdings, according to its Q2 2022 financial report. The automaker made $2.26 billion in profit this quarter, down 31% from last quarter when it posted profits of $3.3 billion. Last year, Tesla made a $1.5 bil...

Tesla dumped 75% of its Bitcoin holdings - TechCrunch

Elon Musk apparently isn’t trying to hodl Tesla’s bitcoin during a crypto winter. During the company’s Q2 earnings report, the electric car company revealed it has sold 75% of its Bitcoin holdings this quarter. The company sold the coins for $963 mi...

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