Bitcoin Financial News
13.01 / 19:39
cryptocurrency
Bitcoin
Lost
El Salvadore President lost $12 million of public funds in Bitcoin
For El Salvadore, dabbling in bitcoin may have resulted in more monetary losses than its originally intended benefits, if recent calculations by Bloomberg are to be believed.
13.01 / 19:01
BTC
Target
Platform
Bitcoin
BTC Media Finalizes Plans for Bitcoin 2022 Adding Sound Money Festival
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
13.01 / 17:25
Adoption
VISA
Survey
Bitcoin
Digital, Crypto Payments Key to Small Business Growth in 2022 - Visa
As much as 73% of surveyed small businesses said accepting new forms of digital payments is a fundamental factor to their growth in 2022, with 24% eyeing enabling cryptocurrency payments, according to a survey by US payments giant Visa.
13.01 / 16:24
13.01 / 15:29
Government
Adoption
Asia
Bitcoin
Tonga to copy El Salvador bill making Bitcoin legal tender says former MP
Another domino is lined up to fall down the route to Bitcoinization. Yesterday, the Pacific island nation of Tonga shared a play-by-play approach to adopting Bitcoin (BTC) as legal tender.
13.01 / 15:03
Blockchain
UPS
Digital
Bitcoin
stake
MoneyGram buys stake in cryptocurrency cash exchange Coinme
The investment - which closes out Coinme's Series A round - builds on an partnership between the two firms that lets people buy and sell bitcoin at some MoneyGram locations. The firms say that there are additional initiatives in the pipeline that are expected to continue to increase the value of the partnership.
13.01 / 13:53
BLOCK
Mining
Bitcoin
week
Bitcoin Miner
'Insane Luck at Work' as Second Solo Bitcoin Miner Wins the Block Race in a Week
Another solo Bitcoin (BTC) miner with a hashrate capacity of 116 terahashes per second (TH/s) has won a block race on the Bitcoin network, securing the block reward of BTC 6.25 plus a fee reward of BTC 0.018 -- cumulatively worth over USD 274,041 at current rates.
13.01 / 13:42
markets
Crypto Ed
Bitcoin
Bitcoin Price
Topped or bottomed? Traders at odds over whether Bitcoin will keep rising
Bitcoin (BTC) touched $44,000 a second time on Jan. 12 amid increasing divergence of opinion about whether the price bottom is "in."
13.01 / 13:42
Government
Law
Court
Bitcoin
Pakistan’s central bank reportedly wants to ban crypto
The State Bank of Pakistan (SBP) is reportedly seeking to ban all cryptocurrency transactions in Pakistan.
13.01 / 12:51
Provident
FIVE
Strategy
Bitcoin
Goldman Sachs says bitcoin could reach $100,000
Gold, a classic safe haven for risk-averse investors, rose only four percent over the period, implying a market share steal by the high-riding cryptocurrency.In a research note, Goldman Sachs’ co-head of foreign exchange strategy Zach Pandl, suggests bitcoin currently holds a 20% share of the gold/bitcoin store of value market.“Hypothetically, if bitcoin’s share of the ‘store of value’ market were to rise to 50% over the next five years (with no growth in overall demand for stores of value) its price would increase to just over $100,000, for a compound annualised return of 17-18% (accounting for growth in bitcoin supply over time),” he writes. Growth over the next year will provide an acid test for bitcoin.
13.01 / 12:45
business
Adoption
Conference
Bitcoin
boost
Institutional investment will boost Bitcoin to $75,000, says SEBA CEO
The CEO of Swiss-based financial institution SEBA Bank shared his predictions for Bitcoin in 2022. A boon for BTC bulls, Guido Buehler was optimistic about institutional adoption and a price increase to $75,000 per coin.
13.01 / 09:27
Mining
Mining Pools
Bitcoin
‘1 in a billion’: Second tiny miner solves a block
In an astonishing turn of events, two lucky miners from the Solo CK mining pool have defied all odds and added a new block on the Bitcoin blockchain in the same week.
13.01 / 07:59
Legal
Bitcoin
Jack Dorsey & Co Launch Bitcoin Legal Defense Fund, Prepare to Wage Legal War with Craig Wright
The Twitter founder, Bitcoin (BTC) bull and Block (formerly Square) chief Jack Dorsey has taken aim at those taking legal potshots at Bitcoin developers – including the likes of Craig “Faketoshi” Wright.
13.01 / 07:27
13.01 / 06:45
Ethereum
cryptocurrency
defi
Bitcoin
Cryptocurrency Prices Today: Markets in green as Bitcoin, Ethereum rise
The global crypto market capitalisation surged by 3.19 percent over the last 24 hours to $2.07 trillion, while the trading volume rose by 12.10 percent to $99.50 billion as of January 13.
13.01 / 05:35
ETF
Bitcoin Futures
Bitcoin
fall
Interest wanes in Bitcoin futures ETF’s as contracts fall below 5K
After a stellar launch, interest has waned in the ProShares Bitcoin Strategy Exchange Traded Fund (BITO) which now has the lowest amount of CME contracts since Nov. 2021.
13.01 / 03:19
markets
ETF
Federal Reserve
Bitcoin
Data shows Bitcoin traders’ neutral view ahead of Friday’s $750M BTC options expiry
Bitcoin (BTC) has bounced 11% from the $39,650 low made on Jan.10 and currently the price is battling with the $44,000 level. There are multiple explanations for the recent weakness, but none of them seem sufficient enough to justify the 42% correction that took place since the Nov. 10 all-time high at $69,000.
13.01 / 02:21
markets
Gold
Bitcoin
Fidelity exec says Bitcoin is ‘technically oversold,’ making $40K a ‘pivotal support’
A painful retracement in the Bitcoin (BTC) market earlier this week sent the price below $40,000 for the first time since September 2021.
13.01 / 00:03
business
transactions
Bitcoin
Today in Bitcoin history: 13-year anniversary of transaction between Satoshi and Hal Finney
It’s been exactly 13 years to the day since computer scientist Hal Finney became the recipient of the first transaction on the Bitcoin blockchain from creator Satoshi Nakamoto.
12.01 / 23:22
Ethereum
XRP
Cardano
Bitcoin
Price analysis 1/12: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE
Bitcoin (BTC) and most major altcoins appear to have started a relief rally. Glassnode data suggests that Bitcoin addresses with a non-zero balance have risen to about 40 million, indicating increasing adoption by retail traders.
12.01 / 23:22
business
Bitcoin Payments
Bitcoin
Northwest Arkansas offering $10K in Bitcoin to attract remote workers
The Northwest Arkansas Council, consisting of business leaders aimed at promoting development in the region, has announced a crypto incentive program to bring in tech professionals and entrepreneurs willing to work remotely.
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