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Number of Bitcoin Wallets Holding 1 BTC Exceeds 1 Million, Making it More Accessible to Investors
Analytics company Glassnode reported that the number of wallets on the Bitcoin network that hold at least 1 BTC exceeded 1 million on May 13. Analysts attribute the marked increase in the figure to a 65% drop in bitcoin last year, which made it much more accessible to inves ...
American Senators Propose Cryptocurrency Accountability Bill for Bitcoin Adoption in El Salvador
American senators have advanced a cryptocurrency accountability bill in El Salvador (ACES), implying oversight of BTC acceptance in the Latin American country and risk analysis for the United States. On May 11, Senators Jim Risch of Idaho and Bob Menendez of New Jersey in ...
Declining Correlation Between Bitcoin and Ethereum Indicates Diversification Opportunities in Cryptocurrency Portfolios
The correlation of rates of the two most popular cryptocurrencies has historically been at a high level, but the indicator has been falling for over two months and has almost reached 80%. This is the lowest level in a year and a half. ...
Michael Saylor: Bitcoin Ownership Vital for Global Population, a Solution to Financial Problems
MicroStrategy founder Michael Saylor said that bitcoin ownership has become a top priority and vital necessity for the entire world population. In a recent interview, Michael Saylor called bitcoin a solution to growing financial problems and a tool to give hope to eight bil ...
Bitcoin Analyst Tone Vays Predicts Higher Probability of BTC Rise Than Fall
The bitcoin rate has been around $30,000 for a long time, and dropped to $26,000 last week. But according to cryptocurrency analyst Ton Weiss, the probability of a rise is higher than the chance of a fall. In his new video, Tone Va ...
Bitcoin Ownership: A Vital Necessity for the Entire World Population, Says MicroStrategy Founder
MicroStrategy founder Michael Saylor said that bitcoin ownership has become a top priority and vital necessity for the entire world population. In a recent interview, Michael Saylor called bitcoin a solution to growing financial problems and a tool to give hope to eight bil ...
Cryptocurrency Market Faces Decline Amidst Negative News
New bank problems failed to push cryptocurrencies to rally seven days ago. But this week's negative news took the market down. Bitcoin In the week of May 5-12, the price of bitcoin dropped more than 10%, fallin ...
French Citizen Faces Legal Consequences After Bitcoin-Fueled Ferrari Purchase
Trouble for a French citizen began when he bought a Ferrari car from a Moroccan woman in April 2021, paying her the equivalent of $440,000 in bitcoins. Thomas Clausi seized the moment when bitcoin hit a record high, trading over $60Β 000 per coin. A few months later, the ...
Tether Releases Q1 2023 Results, Reports $1.48 Billion Net Income
Tether, the issuer of the first capitalized USDT stabelcoin, released its results for the first quarter of 2023. According to the report, the company's net income was $1.48 billion. The company's total assets reached $81.8 billion. Of these, about $2.44 billion are claime ...
Robert Kiyosaki Warns of Recessionary Times Ahead, Recommends Bitcoin and Precious Metals
The bestselling author of "Rich Dad, Poor Dad" told his 2.4 million Twitter followers that the sharp increase in one-month Treasury bill yields indicates that recessionary times are likely ahead. Robert Kiyosaki Β thinks bitcoin and precio ...
