Tag: bitcoin

Jul 29 2021

Binance Announces New Tax Tool, Changes BTC Withdrawal Limit

In its attempt to adjust its operation to appeal to heightening regulatory efforts, Binance, the most prominent cryptocurrency exchange, has rolled out the Tax Reporting Tool. The new Tax Reporting Tool is a fulcrum of a broader scheme by Binance that's geared towards the expansion of user protection and risk management protocols. Besides the Tax Reporting Tool, the exchange is slashing the amount...

Jul 28 2021

LUXXFOLIO Begins Active Bitcoin Mining Operation

Vertically integrated bitcoin miner LUXXFOLIO has announced 80% of the company's first batch of rigs are up and mining.Vertically integrated bitcoin mining company LUXXFOLIO Holdings has announced that 80% of the first batch of miners the company received earlier this month are already up and mining.The new bitcoin mining...

Crypto Fundraising Had a Wild Tuesday

Jul 28 2021 Published at Unchained Podcast under tags  1inch binance bitcoin crypto defi

July 28, 2021 / Unchained Daily / Laura Shin Daily Bits...

First U.S. Bitcoin Mutual Fund Launched By $60 Billion Fund Manager

The first publicly available U.S. mutual fund that generally tracks the price of Bitcoin has been launched by a $60 billion fund manager.In a press release this morning ProFunds announced the launch of its Bitcoin Strategy ProFund (BTCFX). This will be the first publicly available U.S. mutual fund that generally tracks the price of...

Cryptocurrency Firm Genesis Digital Assets Raises $125 Million

The company is planning to expand its Bitcoin mining operations through the latest funds.

Luxor Technologies Announces New Crypto Mining Stock Index

Luxor Technologies, Bitcoin mining pool and data analytics firm, now features a mining stock index on their Hashrate Index data platform.Today, Bitcoin mining pool and data analytics firm, Luxor Technologies, announced that they are now featuring a mining stock index on their Hashrate Index data platform. This Crypto Mining Stock Index (ISIN) was described as a basket...

Amazon Latest Job Listing Hints on Possible Cryptocurrency Future

Amazon, the fourth top-ranking company worldwide is currently recruiting blockchain experts. A move many observers are quick to term as a footprint shadow a probable future intention towards accepting cryptocurrencies for payment. The revelation of Amazon recruiting cryptocurrency experts from the industry hits the blockchain space with over-excitement; many investors already trying to make early moves to leverage....

The American Press Vs. El Salvador: Forbes and Vice, Good Cop Bad Cop

Did El Salvador’s Bitcoin story lose steam? Perhaps. However, Forbes and Vice are on the case. The press is still monitoring the situation and Bitcoinist is still monitoring the press. With that dynamic in mind, we compiled the best and worse of the latest press coverage of El Salvador’s Bitcoin Law. You'll be offended. You'll be pleasantly surprised....

Bitcoin Shrugs off Critics as It Hits $40,000

Reading Time: 2 minutes Bitcoin has shrugged off months of criticism to hit $40,000 yesterday The FUD continued this week with derogatory comments from the IMF and a U.S. senator Bitcoin’s strength has been severely tested in the past two months...

Bitcoin Hash Rate Recovers To 2020 Levels, A Long Ways To Go

Jul 28 2021 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt

Data compiled by Arcane Research shows the Bitcoin 14-day moving average hash rate now exceeds 100 EH/S - a level last seen in May 2020. From this, the data analysis firm concludes that the China mining exodus is finally complete. Adding that, more upside is expected as miners settle in their new homes....

Jul 27 2021

Crypto Market Breathes Sigh Of Relief, Bitcoin Rises From “Extreme Fear”

Jul 27 2021 Published at Bitcoinist.com under tags  arcane research bitcoin btc btcusd btcusdt

Bitcoin sentiment has now begun to move into the positive. The crypto market has recently been in one of its longest stretches in extreme fear recently. Now it seems there is light at the end of the tunnel as the market pulls itself out of extreme fear. This is in line with the recent price surge bitcoin experienced following the weekend upturn. Which...

Amazon Responds To Rumors That It Is Integrating Bitcoin Payments On Its Platform

Amazon has recently been the subject of discussion in relation to bitcoin and crypto. Rumors circulated as the weekend drew to a close that Amazon was planning on integrating bitcoin payments on its platform. The news made the rounds and the markets responded as coin prices shot up. Bitcoin price saw over 10% gains in the hours following news of the rumor breaking....

Bitcoin Cost Tesla $23M in Q2

July 27, 2021 / Unchained Daily / Laura Shin Daily Bits...

Grayscale Now Has $33 Billion Worth of Cryptocurrency AUM

The digital asset management firm saw a jump in the total value of its crypto assets on Monday.

Tesla Hasn’t Sold any BTC in Q2, Filings Reveal

Reading Time: 2 minutes Tesla's Q2 earnings filing reveals that the company has neither sold nor acquired any Bitcoin. In the filing, the company reported a $23 million Bitcoin-related impairment. CEO Elon Musk said Tesla would "most likely" resume...

Bitcoin Owner Moves 9,500 BTC to an Unknown Wallet

The total value of the transaction stands at around $350 million.

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