Bitcoin

Bitcoin Whale Awakens After 11.4 Years, Holds 489 BTC
Bitcoin Whale Awakens After 11.4 Years, Holds 489 BTC

A Bitcoin whale awakens after 11.4 years.  The price of Bitcoin falls below $40,000.  The Bitcoin Fear & Greed Index points to fear. Bitcoin and crypto investor Lark Davis is a long-time crypto enthusiast. Currently, he holds over 900,000 followers on Twitter. Today he caused a bit of a buzz after retweeting a post about a Bitcoin whale coming back to life.  Specifically, he retweeted Whale Alert’s tweet about a dormant Bitcoin wallet coming back to life. To highlight, the wallet address holds 489 BTC which amounts to over $20,000,000 in value. What’s more, the wallet was inactive for 11.4

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Bitcoin Settles at $39K After Stripe Onboards Crypto
Bitcoin Settles at $39K After Stripe Onboards Crypto

Stripe announced that it will now be providing support to crypto-based businesses. Bitcoin appears stable at the $39,000 price range.  On the other hand, Bitcoin price has been finding it difficult to hold the $40,000 line in the last couple of months. Despite an overnight dump, Bitcoin has now settled at $39,000 amid new developments in the crypto space. This time, global payments platform Stripe announced that it will now support businesses that accept crypto payments. As explained by Co-Founder John Collison, the new update will enable the company to support all types of businesses that dabble in cryptocurrencies. These

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Bitcoin Fans Rejoice As the EU Confirms No Bitcoin Ban
Bitcoin Fans Rejoice As the EU Confirms No Bitcoin Ban

Bitcoin and other Proof-of-Work blockchians celebrate good news.  The European Union revised its crypto regulations bill.  A Bitcoin ban will be very unlikely once the bill passes. Crypto investors rejoice as EU lawmakers decide to drop the Bitcoin ban from its crypto regulations. In detail, seasoned Bitcoin investor — David Lark, calls for celebration. Specifically, he tweets the good news for Bitcoin.   In detail, Stefan Berger — the primary parliamentarian working on the crypto regulations bill says that the part about a Bitcoin ban could likely be a misunderstanding. In fact, he says the passage was misinterpreted.  Above all, the

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Rising Economic Strain Leads to Higher Faith in Bitcoin
Rising Economic Strain Leads to Higher Faith in Bitcoin

CEO of MicroStrategy — Michael Saylor shares an interesting video on Twitter.  The tweet highlights a quote from the video about Bitcoin gaining global interest. Host of Coin Stories podcast — Natalie Burnell shares her opinion on the power of Bitcoin CEO of MicroStrategy — Michael Saylor, shares an insightful video from Fox Business. Specifically, the video is about a conversation between a reporter and Natalie Burnell. Burnell is the host of a famous Bitcoin and crypto podcast — Coin Stories.     As we can see from this video, Burnell talks about how the old financial system is slowly crashing and

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Bitcoin in Green as Exchanges Defy Russia Ban Calls
Bitcoin in Green as Exchanges Defy Russia Ban Calls

Bitcoin saw an overnight surge of 15% from $37,000 to $43,500. Indicators show that the crypto is not overbought. This spectacle came as crypto exchanges defied calls to ban Russian users. Bitcoin and many other altcoins have been witnessing gains despite market uncertainties brought forth by Russia’s invasion of Ukraine. In fact, from a bearish price of $37,600 to a hyper-bullish $43,500. This is a remarkable overnight surge of at least 15.5%, with no plans of stopping. As seen on the chart above, Bitcoin price reached as high as $44,180 at Binance. Also, the surge of buyers on crypto exchanges

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El Salvador Uses Bitcoin Gains To Open Pet Hospital
El Salvador Uses Bitcoin Gains To Open Pet Hospital

El Salvador announces the inauguration of its new pet hospital. This pet hospital is fully funded by the nation’s Bitcoin gains.  President Nayib Bukele continues to make the best of Bitcoin for El Salvador. El Salvador continues to set the bar and dazzle the world with its latest good deed powered by Bitcoin. In detail, the nation announces the inauguration of a pet hospital fully funded by Bitcoin gains.  Specifically, the inauguration of the pet hospital took place last night as an event. Here, President Bukele confirms that this was only possible thanks to surplus government funds from Bitcoin’s rise

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Bitcoin Is 9th Most Valuable Asset in the World, Beats META
Bitcoin Is 9th Most Valuable Asset in the World, Beats META

Bitcoin beat Facebook (META) by market capitalization.  This places Bitcoin as the 9th most valuable asset in the world.  Bitcoin Fear & Greed Index sees a positive shift for Bitcoin. In the midst of what seemed to be a massive rut in the crypto space, Bitcoin has broken the silence. As of early this morning, Bitcoin flipped Facebook (META) in market capitalization.  According to a tweet from Watcher.Guru, this makes Bitcoin the 9th most valuable asset in the world. At the time of writing, the price of Bitcoin (BTC) is $42,778.53 according to CoinGecko. This is a 17.9% increase over

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Portugal and Thailand Choose To Exempt Tax on Bitcoin and Cryptos
Portugal and Thailand Choose To Exempt Tax on Bitcoin and Cryptos

Portugal and Thailand have chosen to exempt tax on Bitcoin and cryptos. India will take 30% tax from income made from crypto sales transactions. More and more countries are slowly taking steps to accept the use of cryptocurrencies.  It seems the time for crypto and Bitcoin to be legally accepted by world governments is finally dawning this 2022. According to multiple announcements, many nations are taking active steps to acknowledge the use of Bitcoin and other cryptos.  According to Blockworks’ multiple tweets, many nations are slowly taking official steps to accept the use of cryptocurrencies. Most recently, the crypto news

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Bitcoin Starts Rally as MicroStrategy Announces BTC Buy
Bitcoin Starts Rally as MicroStrategy Announces BTC Buy

Bitcoin price is rallying toward the $40,000 psychological resistance level. The upward price movement is due to India’s announcement that it will not ban crypto. MicroStrategy also purchased an additional 660 bitcoins. Christmas appears to have come very early, as Bitcoin price is rallying after a prolonged downtrend. In fact, Bitcoin is now flirting with the $40,000 psychological resistance level after dipping as low as $32,000 in the last week. As we can see in the chart above, Bitcoin is now reclaiming its previous bullish positions in a convincing manner. From a dip of as low as $32,000, Bitcoin price

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Bitcoin Price Continues Decline Despite Google Crypto Adoption
Bitcoin Price Continues Decline Despite Google Crypto Adoption

Bitcoin is continuing its weak price action and is currently trading at $39650. The bearish sentiment is prevailing despite news that Google is tiptoeing into crypto. One major source of FUD is Russia joining Singapore in their crypto crackdown. Bitcoin is continuing its weak price action for roughly two months now after an astounding run from October to November 2021. In fact, Bitcoin is only barely able to defend its $39,000-$40,000 support zone from bears. At the time of writing, Bitcoin price is at $39654.54, according to CoinGecko. As seen on the chart, bulls attempted to pump Bitcoin price today,

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Breast Cancer Firm Accepts BTC, SHIBA and DOGE, Joins the Giving Block
Breast Cancer Firm Accepts BTC, SHIBA and DOGE, Joins the Giving Block

The Susan G. Komen foundation accepts Bitcoin, Shiba Inu, and Dogecoin. Susan G. Komen partnered with The Giving Block to enable crypto donation. Bitcoin, Shiba Inu and Dogecoin are now accepted by Susan G. Komen foundation, the largest breast cancer charity organization. In detail, the charity firm partnered with The Giving Block, a leading crypto donation solution platform to make this happen.  This made Susan G. Komen react, The post made by the foundation expresses their excitement about the new project that involves crypto assets. “Through a partnership w/ @TheGivingBlock, Susan G. Komen now accepts #cryptocurrency as a form of

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Idaho Central Credit Union Now Accepts Bitcoin Transactions
Idaho Central Credit Union Now Accepts Bitcoin Transactions

Credit union in Idaho, U.S. accepted Bitcoin services into its banking platform. Idaho Central Credit Union partnered with NYDIG, an institutional Bitcoin broker Bitcoin, the king of crypto assets, continues to be acknowledged by investors and companies around the world. Recently, the largest credit union in Idaho, U.S., has accepted Bitcoin services into its banking platform. In detail, Idaho Central Credit Union has partnered with NYDIG, an institutional Bitcoin broker.   This made Patrick Sells, chief innovation officer at NYDIG react:  “ICCU’s focus on member experience and on providing a diverse array of solutions has enabled it to build a reputation

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