Tag: btc.d

Aug 04 2021

SEC Chairman Gary Gensler Hints at Bitcoin (BTC) ETF With Stricter Rules

Aug 04 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btc.d btcdai

Gary Gensler, the newly appointed chairman of the U.S. Securities and Exchange Commission (SEC) has recently hinted at the possibility of a Bitcoin exchange- traded fund (ETF). A bitcoin ETF has been much awaited in the United States with the crypto community waiting for a long. Gensler's comments came during his first major briefing on crypto The post SEC Chairman Gary Gensler Hints at...

Aug 03 2021

Aug 02 2021

Are World’s Largest Oil Producing Companies Diving into Bitcoin Mining?

Aug 02 2021 Published at Coingape under tags  bitcoin mining bitcoin news btcbrl btcbusd btc.d

The latest report in the market is that the world's largest oil-producing companies are mulling to join the Bitcoin mining market. On Sunday, August 1, TrustNodes first reported that oil-producing companies are working out a way to use the gas byproduct in Bitcoin mining activities. Thus, productively using the gas will also help in reducing The post Are World's Largest Oil Producing Companies...

Jul 31 2021

MicroStrategy’s Michael Saylor Defends the Massive $2.2 Billion Bitcoin (BTC) Debt

Jul 31 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btc.d btcdai

On Thursday, July 29, business intelligence firm MicroStrategy revealed its second quarter results for 2021 declaring over $600 million with impairment losses with its bitcoin holdings. But company CEO and Bitcoin evangelist Michael Saylor continues to remain ultra-bullish on the future of Bitcoin. Saylor noted that buying Bitcoin right now is similar to buying Bitcoin The post MicroStrategy's Michael Saylor Defends the Massive...

Bitcoin (BTC) Shoots $42,000 As $45 Billion Asset Manager GoldenTree Starts Buying

Jul 31 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btc.d btcdai

Institutional inflows in Bitcoin (BTC) continue to grow at a faster rate. Just two days after banking giant State Street announced its crypto services, another $40+ billion asset manager GoldenTree has announced its investment in the world's largest cryptocurrency. As a result, the Bitcoin (BTC) price is up 5% today shooting all the way to The post Bitcoin (BTC) Shoots $42,000 As $45...

Jul 28 2021

Bitcoin (BTC) Shoots 8% Closing Above 200 EMA, $45,000 In Sight

Jul 28 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btc.d btcdai

Bitcoin (BTC) is up 8% today making another attempt to move past its crucial resistance of $40,000. At press time, Bitcoin (BTC) is trading at a price of $39,828 with a market cap of $747. Bitcoin has picked up strong momentum amid rumors of Amazon integrating BTC payments. However, Amazon has confirmed that there are The post Bitcoin (BTC) Shoots 8% Closing Above...

Jul 27 2021

Jul 26 2021

Jul 23 2021

JPMorgan Becomes First U.S. Bank to Offer Crypto Funds to Retail Wealthy Clients

Jul 23 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btc.d btcdai

On Thursday, July 22, Business Insider reported that JPMorgan has given a go- ahead to its advisors to offer clients crypto fund services. This is for the first time that the U.S. bank is expanding its crypto services from just ultra-wealthy clients now to retail-wealthy clients as well! In a memo published earlier this week on The post JPMorgan Becomes First U.S. Bank to...

Jul 22 2021

Jul 21 2021

Cathie Wood’s Ark Invest Buys Additional 300K Shares of the Grayscale Bitcoin Trust (GBTC)

While Bitcoin (BTC) continues to trade under pressure, institutions are back at buying the dips once again. On Monday, July 19, Cathie Wood's Ark Investment purchased an additional 300K of the Grayscale Bitcoin Trust (GBTC). As reported by The Street citing the subscription to Ark's trading activity, the investment firm purchased 310,067 shares of GBTC at the The post Cathie Wood's Ark Invest...

Jul 20 2021

Rothschild Investment Purchased Over 100K Shares of Grayscale Bitcoin (BTC) Trust Last Quarter

Jul 20 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btc.d btcdai

The GBTC unlock has created a major buzz in the crypto space over the last week weeks about how it shall affect the price of Bitcoin (BTC). However, it turns out that institutional players continue to have an interest in Grayscale crypto products. As per the SEC filing on Monday, July 19, Chicago-based institutional player The post Rothschild Investment Purchased Over 100K Shares...

Jul 19 2021

Jul 18 2021

Bitcoin (BTC) Mining Difficulty Drops Another 5% But Hashrate Picks Up

In the latest adjustment on Saturday, July 17, has dropped by another ~5% in its fourth consecutive drop. The previous adjustment saw the highest drop in percentage terms dropping 28% a fortnight back. With the latest drop, the Bitcoin mining difficulty has had a new low since January 2020. This drop comes as a lot The post Bitcoin (BTC) Mining Difficulty Drops Another...

Jul 13 2021

Bitcoin’s (BTC) Correlation With S&P 500 Turns Negative for the First Time In 2021

Jul 13 2021 Published at Coingape under tags  bitcoin news btc btcbrl btcbusd btc.d

Bitcoin (BTC) continues to show volatility while trading in a closed range between $30,000-$35,000. At press time, Bitcoin is down 3.88% trading at $33,142 with a market cap of $620 billion. As BTC continues to trade under pressure, it has now entered into a negative correlation with the S&P 500 (INDEXSP: .INX) index. As a The post Bitcoin's (BTC) Correlation With S&P 500...

Jul 12 2021

JPMorgan: El Salvadors’ Bitcoin Adoption Could Pose Challenge for the Country

Jul 12 2021 Published at Coingape under tags  ayib bukele bitcoin news btcbrl btcbusd btc.d

Wall Street giant JPMorgan isn't quite happy with El Salvador making Bitcoin (BTC) a legal tender in the country. The banking firm noted that passing the Bitcoin law could pose a challenge for Bitcoin as well as the cryptocurrency itself. Analysts of JPMorgan noted that Bitcoin's daily trading volume hits anywhere between $40 to $50 The post JPMorgan: El Salvadors' Bitcoin Adoption Could...

Jul 10 2021

Israeli Sovereign Fund Has Invested A Massive $2.3 Billion In Bitcoin (BTC)

Jul 10 2021 Published at Coingape under tags  bitcoin news bitcoin price btcbrl btcbusd btc.d

In an official declaration, the Israel Investment Fund Group (IIFG) has announced that it has invested a massive $2.3 billion in Bitcoin. This Fund Group manages the sovereign wealth fund of Israel. The announcement notes that the latest Bitcoin investment comes as part of their portfolio diversification strategy. It also notes that the global strategic The post Israeli Sovereign Fund Has Invested A...

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