Bitcoin Archives - Page 15 of 16

FTX discovers $5 billion in digital assets, Group One Trading buys 13,5% of MicroStrategy shares

Photo by Kanchanara on Unsplash $5 billion digital assets unearthed by FTX FTX has discovered $5 billion in cash and liquid crypto currencies and is considering a sale. Two months after the financially challenged crypto currency exchange filed for bankruptcy protection, the newly installed leadership of FTX has stated (1) that it has discovered $5 […]

Presidential candidate Argentina pro-bitcoin, 25% crypto taxes in Italy and Iran returns confiscated mining rigs

Photo by Kanchanara on Unsplash Leading presidential candidate Argentina preaches Bitcoin Leading presidential candidate Argentina preaches Bitcoin Argentina will elect a new president in October 2023, and there is a real chance that a pro-Bitcoin candidate will be elected as the new head of state. The candidate in question is Javier Gerardo Milei, who is […]

MicroStrategy buys 2.500 BTC, Argo sells biggest facility to Galaxy Digital and BTCcom attacked by hackers

Photo by Kanchanara on Unsplash MicroStrategy acquires 2,500 BTC, now holds 132,500 BTC MicroStrategy recently said that it has spent over $55 million to buy almost 2,500 bitcoins over the preceding two months. Following these purchases, Microstrategy is now holding approximately 132,500 bitcoins. Specifically, Michael Saylor’s business paid over $42.8 million to buy 2,395 bitcoins. […]

SBF from FTX arrested, Goldman Sachs believes more in gold than bitcoin and Argo warns for bankruptcy

Photo by Art Rachen on Unsplash FTX founder Bankman-Fried in custody after fraud charges, bail denied A Bahamian judge denied FTX founder Sam Bankman-Fried bail on Tuesday, hours after U.S. prosecutors accused the 30-year-old of misappropriating billions of dollars and violating campaign laws in what has been described as one of America’s biggest financial frauds. […]

Bill for El Salvadorian BTC bonds, Genesis Trading warns for bankruptcy and Fidelity asked to stop bitcoin plans

Photo by Kanchanara on Unsplash El Salvador takes first step to issue bitcoin volcano bonds El Salvador’s Minister of the Economy Maria Luisa Hayem Brevé submitted a digital assets issuance bill to the country’s legislative assembly, paving the way for the launch of its bitcoin-backed “volcano” bonds. First announced one year ago today, the pioneering […]

48.000 BTC withdrawn from Coinbase Pro, support in Grayscale-lawsuit and Celsius makes plan for reimbursements

48,000 BTC Withdrawn by Institutions from Coinbase An on-chain analist has shared a massive withdrawal of bitcoin from the largest U.S.-based exchange, Coinbase. It was a transaction with the equivalent of nearly $1 billion at the current BTC/USD exchange rate. A CryptoQuant analyst shows that the withdrawn BTC had been held in Coinbase Pro for […]

Hashrate reaches ATH, McDonalds in Switzerland accepts BTC and USDT and NYDIG raises $720 million

Bitcoin hashrate reaches all-time high The Bitcoin hashrate hit a new all-time high above 245 exahashes per second. At the same time, miner profitability is near the lowest levels on record. Generally, difficulty, a measure of how “difficult” it is to mine a block, is a component of determining the production cost of mining Bitcoin. […]

SBF considers buying Celsius assets, South Korea to freeze Do Kwon’s BTC and Strike raises $80

SBF from FTX eyes to bid on Celsius assets Sam Bankman-Fried, the crypto billionaire who has been bailing out distressed industry players in recent months, is considering bidding for the assets of bankrupt lender Celsius Network. FTX is also in the process of raising a $1 billion funding round, the same person said. That round […]