Bitcoin Financial News
08.02 / 05:53
cryptocurrency
Tesla
Bitcoin
Holdings
bitcoin holdings
Tesla's Bitcoin holdings worth nearly $2 bn
Tesla Inc said on Monday the fair market value of the electric-vehicle maker's bitcoin holdings as of Dec. 31 was $1.99 billion. In its annual filing with the U.S. Securities and Exchange Commission, Tesla, which had invested $1.50 billion in bitcoin last year, said it registered about $101 million in impairment losses last year due to the value of bitcoin. A drop in the value of bitcoin resulted in the company recording losses, as the value of its holdings fell.
08.02 / 05:13
Ethereum
cryptocurrency
litecoin
Bitcoin
Cryptocurrency Prices Today: Markets surge as Bitcoin, Ethereum, DOGE in green
The global cryptocurrency market capitalisation rose 5.28 percent over the last 24 hours to $2.01 trillion while the trading volumes were up 51.50 percent to $95.02 billion.
08.02 / 04:31
cryptocurrency
World News
Bitcoin
week
Bitcoin rallies to four-week high, ether hits three-week peak
The world's largest cryptocurrency hit $44,524.18 , the highest since mid-January. It was last up 3.8% at $44,024. Since hitting a roughly six-month low on Jan. 24, bitcoin has gained about 35%.
08.02 / 02:31
BTC
Lowe's
Digital
Bitcoin
fall
Bitcoin could fall further, but will the ‘crypto winter’ be here for long
The month of January spooked the market amid a larger sell-off. While BTC depreciated by 50% and the market saw losses of hundreds of millions, the market, at press time, seemed to be on the path to recovery.
08.02 / 00:27
UPS
BTC
Digital
Bitcoin
The A to Z of what Bitcoin’s ‘recovery’ is suggesting
After the market witnessed mayhem in early January, the crypto-verse is now on the path to recovery. The global cryptocurrency market cap recovered by 2.5% in the last 24 hours. This, while Bitcoin’s dominance remains under 40% on CoinGecko.However, reversing its last week’s slide, BTC managed to gain by 12% over the past week to trade near $42,500, at the time of writing.
08.02 / 00:15
Binance
coinbase
exchanges
Bitcoin
Crypto Exchanges are Top Consumers of Bitcoin Block Space, Binance No 1
Crypto exchanges are now the largest consumers of Bitcoin (BTC) block space – with transactions related to them taking some 40% of that space, found the on-chain analytics firm Glassnode.
08.02 / 00:13
kpmg
Bitcoin
Bitcoin Price
Bullish trend
Bitcoin bulls look to push price above $45K to validate bullish trend reversal
The mood across the cryptocurrency ecosystem has shifted to cautious optimism on Feb. 7, as Bitcoin (BTC) bulls managed to bid its price back above support at $44,000 with the help of several positive developments, including the announcement that “Big Four” auditor KPMG has added BTC and Ether (ETH) to its corporate treasury.
07.02 / 22:49
Blockchain
Ethereum
cryptocurrency
Bitcoin
DeFi explained: What is decentralised finance and could it be a death sentence for banks?
DeFi, short for decentralised finance, is another buzzword that has entered our lexicon, joining the likes of Bitcoin, cryptocurrency, NFTs, blockchain and the metaverse.
07.02 / 20:47
Ethereum
Waves
Cardano
Bitcoin
Crypto Market Sentiment Improves, Bitcoin & Ethereum Gain, ATOM Drops
Following a week of strong performance in the crypto market, sentiment among market participants is also improving. According to the market sentiment analysis service Omenics, the average 7-day sentiment score (sentscore) for 10 major cryptoassets reached 4.86 today, up from 4.39 a week ago. Bitcoin (BTC) inched closer to the zone deemed as “somewhat positive” by Omenics, with no other 10 coins now left in the negative zone.
07.02 / 20:47
07.02 / 18:57
Ethereum
Forecast
stocks
Bitcoin
analysts
Bitcoin climbs
Bitcoin Climbs Above USD 43K, Analysts See a Bull Long-term Too
While bitcoin (BTC), ethereum (ETH), and most of the broader crypto market rose higher in price today, a number of researchers and analysts are arguing that the crypto market may be bottoming out and that it could be in for a bullish ride later in the year, prompted by a number of possible catalysts. Still, they urge caution.
07.02 / 18:27
Ethereum
XRP
Cardano
Bitcoin
Price analysis 2/7: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
Bitcoin’s (BTC) price inched higher over the weekend as bulls try to enforce a trend change while bears attempt to stall the relief rally. On-chain monitoring resource Whalemap highlighted that $38,000 is the critical zone for the whales during any correction as whales had accumulated in this zone last week.
07.02 / 18:27
07.02 / 18:17
UPS
Digital
Bitcoin
Venezuela: New tax regime levies upto 20% tax on cryptocurrency transactions
A taxation frenzy has gripped cryptocurrency markets worldwide, as several countries introduced tax regimes for the nascent asset class over the past few weeks. The latest such development has popped from Venezuela, where the government is set to impose an exorbitant structure on crypto payments.
07.02 / 17:15
Dogecoin
Ethereum
Crypto investing
Bitcoin
CoinSwitch to launch recurring buy plan for crypto assets
Crypto investing app CoinSwitch has launched recurring buy plan (RBP), a systematic way to buy crypto assets in India, as part of its mission to make money equal for all. The company aims to enable users to beat market volatility and avoid making impulsive buying or selling decisions. Users can now sign up through a waitlist to get early access to explore this new feature, the company said. CoinSwitch is India's largest crypto company, catering to primarily retail investors.
07.02 / 17:05
markets
Bitcoin
Bitcoin Price
open
New BTC price targets emerge as Bitcoin sizes up Wall Street open
Bitcoin (BTC) continues to linger just below $43,000 on Feb. 7 as markets gear up for what promises to be a lively week.
07.02 / 17:05
business
SEC
Tesla
Bitcoin
Tesla held $2B of Bitcoin as of late 2021, SEC filing reveals
Elon Musk’s electric vehicle maker Tesla was holding about $2 billion worth of Bitcoin (BTC) by the end of 2021, according to official records.
07.02 / 17:05
Blockchain
Adoption
Middle east
Bitcoin
Swiss
Swiss BSV to establish blockchain academy in the Middle East
The first blockchain school in the Middle East will open in Riyadh, Saudi Arabia, according to an announcement by the BSV Blockchain Association. The new institution will reportedly provide training and development tools for government organizations and enterprises interested in adopting or experimenting with blockchain technology.
07.02 / 16:29
coinbase
WSJ
Bitcoin
Super Bowl = Crypto Bowl, thanks to Coinbase Global, FTX, Crypto.com – Just the start?
For the 13 February broadcast of the 2022 Super Bowl, crypto-companies have reportedly spent millions to score the sports sponsorship. WSJ has cited sources to reveal that Coinbase Global, FTX, and Crypto.com will be running a spot during the game.
07.02 / 15:26
Society
community
Bitcoin
Why Are People Calling Bitcoin a Religion?
Joseph P. Laycock, Assistant Professor of Religious Studies, Texas State University.
07.02 / 13:31
Government
Taxes
Bitcoin
Venezuelans reportedly hit by new Bitcoin tax of up to 20%
The Venezuelan government has approved a new tax bill aiming to collect up to 20% in taxes from cryptocurrency transactions, according to local reports.
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